While Singapore and Hong Kong compete in some areas, there is also scope for the two cities to collaborate and learn from one another to achieve mutually beneficial outcomes, said Minister for National Development Chee Hong Tat.Chee, who is also the deputy chairman of the Monetary Authority of Singapore board of directors, was writing in two Facebook posts as he wraps up a four-day working visit to Hong Kong on Wednesday (Jan 28).After a meeting with senior representatives from Singapore banks and leading global financial institutions in Hong Kong on Tuesday, Chee emphasised the importance of public and private sectors working together.«Our exchanges underscored the importance of deepening global partnerships across government and the private sector, and working together to add value for investors and businesses across Asia,» wrote Chee.He added that while Singapore and Hong Kong do compete in some areas, there remains scope for the two cities to collaborate and achieve «win-win benefits» for both, riding on Asia's growth. Read more