Singapore's openness places it in good stead amid supply chain reshuffling: Chan Chun Sing

  • 📰 BusinessTimes
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Qulity Score:
  • News: 12%
  • Publisher: 51%

SINGAPORE'S long-term policy posture of openness will stand it in good stead amid the global reshuffling of supply chains, said Minister for Trade and Industry Chan Chun Sing on Wednesday. Read more at The Business Times.

Singapore Headlines News

Singapore Latest News, Singapore Headlines

Christopher Clague, managing editor for The Economist Intelligence Unit's thought leadership division in Asia, asked Mr Chan about Singapore's near to medium-term trade outlook, in light of the bleak second-quarter gross domestic product growth figures released on Tuesday.

The other factors are structural forces such as geopolitical tensions and reshuffling of global supply chains. In facing these challenges, however, Singapore's continued openness to trade will give it an edge, said Mr Chan. Apart from working to uphold the rules-based trading system represented and enforced by the World Trade Organization , Singapore is also working with partners to keep borders open to the free flow of data.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 15. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Singapore 'not returning to a pre-Covid-19 world': Chan Chun SingSINGAPORE cannot afford to wait out the coronavirus crisis, as permanent changes mean that there will be no going back to a pre-Covid-19 economy. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

No returning to pre-Covid world, with trade and business changed ‘irrevocably’, says Chan Chun SingSINGAPORE — The nature of trade and business has changed “irrevocably” since Covid-19, and that will stay true even after the global economy recovers, Trade and Industry Minister Chan Chun Sing said on Tuesday (Aug 11).
Source: TODAYonline - 🏆 1. / 99 Read more »

Singapore will not return to pre-Covid 19 world, must chart a new path now: Chan Chun SingHe also cautioned that the current crisis is unlike the 1998 Asian financial crisis or 2009 global financial crisis, where “if we hunker down, things will improve in a few months”.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »

'We are not returning to a pre-COVID-19 world': Chan Chun Sing maps out 'new path' for SingaporeSINGAPORE: “We are not returning to a pre-COVID-19 world … We must chart a new direction now,” said Trade and Industry Minister Chan Chun Sing on ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

S’pore must chart a new direction now, even though it doesn’t have all the answers yet: Chan Chun SingSINGAPORE — Singapore must chart a new direction now for a very different and uncertain future, said Minister for Trade and Industry (MTI) Chan Chun Sing.
Source: TODAYonline - 🏆 1. / 99 Read more »

S’pore must chart a new direction now, even though it doesn’t have all the answers yet: Chan Chun SingSINGAPORE — Singapore must chart a new direction now for a very different and uncertain future, said Minister for Trade and Industry (MTI) Chan Chun Sing.
Source: TODAYonline - 🏆 1. / 99 Read more »