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Call of the wild: Singapore businesses still keen on emerging markets

Overseas trips, trade fairs set to resume despite pandemic hiatus, global uncertainties

Annabeth Leow

Annabeth Leow

Published Tue, May 3, 2022 · 05:50 AM
    • Of the overseas projects that Enterprise Singapore facilitated for 315 companies in 2020, some 30 per cent of the deals involved the Middle East and Africa; Central and Eastern Europe and Central Asia; and Latin America and the Caribbean.
    • Of the overseas projects that Enterprise Singapore facilitated for 315 companies in 2020, some 30 per cent of the deals involved the Middle East and Africa; Central and Eastern Europe and Central Asia; and Latin America and the Caribbean. PHOTO: LIANHE ZAOBAO

    IT WAS late 2019, and Singapore biotech startup Stratificare was all set to begin clinical studies in partnership with experts in Mexico, for a test that might prove able to predict severe cases of dengue.

    The tie-up arose from Stratificare's participation in a business delegation accompanying Prime Minister Lee Hsien Loong on his official visit to that country.

    But the novel coronavirus hit – and that made it “very difficult for us to run any clinical study there”, Stratificare chief executive Anthony Chua told The Business Times.

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