Singapore beating fresh path to the world of e-commerce

Singapore

AT A time when traditional trade relations come under strain, Singapore's move to build data corridors with other small, open economies for greater digital connectivity is the new frontier in global liberalisation, Ravi Menon, managing director of the Monetary Authority of Singapore (MAS), has said.

"This is going to be the way of the future," he told The Business Times in a recent interview. "If most of the commerce and economic activity is going to be conducted on digital platforms, that is where the next stage of liberalisation needs to take place."