Why strict online regulation will boost Singapore’s digital economy
Digital safety protects consumers’ trust in businesses, boosting competitiveness
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IN JUNE, Singapore regained first place in the 2026 IMD World Competitiveness Ranking. Eleven days later, the Online Safety Commission began operations.
The two developments may appear unrelated. One is a survey run by the Institute for Management Development (IMD), an international organisation that assesses economic performance. The other is a government agency that provides victims with faster relief from online harassment, doxxing, stalking and image-based abuse.
But they are connected by a principle. In an economy conducted through digital platforms, safety, institutional credibility and competitiveness cannot be separated.
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