Investor confidence to tide Singapore over Covid-19 crisis: Chan Chun Sing

Singapore

MINISTER for Trade and Industry Chan Chun Sing says that investor confidence in Singapore remains strong due to its open economy, infrastructure and stability, and this will enable the country to ride through uncertain times.

In his national broadcast on Sunday, he said that is why in the first four months of this year, the Economic Development Board has already captured S$13 billion of investment commitments from companies such as ExxonMobil, Micron, and ST Microelectronics, while some companies continue to hire and grow their businesses, such as Innosparks, Secretlab, and Shopee.