Following his retirement from politics, Goh continued to be active in public life, serving as deputy chairman of the Government of Singapore Investment Corporation (1981–94); chairman of the board of Governors of the Institute of East Asian Philosophies (1983–92) and executive chairman and chairman of the board of governors of its successor, the Institute of East Asian Political Economy (1992–95); Economic Adviser to the State Council of the People's Republic of China on coastal development and Adviser on tourism (1985); chairman of Monetary Authority of Singapore from 1980 to 1985.; deputy chairman of the Monetary Authority of Singapore (1985–92); chairman of the Singapore Totalisator Board (1988–94); adviser to the United Overseas Bank group (from 1993); chairman of N.M. Rothschild & Sons (Singapore) Ltd. (from 1994); and vice-chairman of Hong Leong Asia Ltd. (from 1995).