*  *  *  Distinguished governors, ladies and gentlemen, I would like to express my gratitude to all my fellow central bank governors for taking part in the 47th SEACEN Governors’ Conference, High-Level Seminar and the 31st Meeting of the SEACEN Board of Governors.
My special thanks go to 5 distinguished speakers, Mr. Pier Carlo Padoan, Deputy Secretary-General of OECD, Mr. Stephen P. Groff, Vice-President of the ADB, Professor Charles Engel from University of Wisconsin, Mr. Hannoun from BIS and Mr. Chia from IMF who have come from afar to deliver the keynote addresses.