Security and stability 'crucial for Asean trade to flourish'
Singapore
SECURITY and stability are crucial for trade to flourish, said Defence Minister Ng Eng Hen on Sunday (June 4). "We must be mindful that security and stability are preconditions and mutually reinforcing steps toward greater prosperity and progress," he said, at the closing session of the IISS Shangri-La Dialogue.
As Singapore assumes chairmanship of Asean next year, it will do its best to balance security and trade interests, Dr Ng said.
TRENDING NOW
Ohmyhome Ltd sells real estate business for token US$1 due to poor business and continued losses
Indonesia bets on creative economy, IP for growth amid rising global competition
Malaysian tycoon Vincent Tan’s sell-downs point to pruning rather than an exit plan
Fintech titans GCash and Maya test IPO goals as Philippine market thins