Singapore can be Asia’s ‘super-connector’ and strengthen global trade
More than a hub connecting trade and investment, the Republic is shaping the rules for connectivity
THE global economy is increasingly fragmented. Countries are spending more time and effort to navigate geopolitical rivalry, supply shocks and retreating multilateralism.
“The realities of the global economy, going forward, are that there will be more disruptions, more shocks and more volatility,” said Prime Minister Lawrence Wong at the 48th Asean summit in Cebu in May.
Where uncertainty is becoming the new normal, both governments and firms seek the ability to operate across jurisdictions with greater certainty and lower risk. In this environment, predictability becomes a strategic asset.