SG needs to develop capacity to produce what the world needs in times of crisis

Singapore must entrench itself in the global value chain by developing the capacity to produce what the world needs in times of crisis, as well as being able to attract frontier companies, ranging from vaccine developers to firms in precision engineering. This will ensure that Singapore cannot get easily displaced, said Education Minister Chan Chun Sing at the 9th Singapore Economic Review Conference on Monday 1 August.

The three-day conference is organised by the Singapore Economic Review journal, whose editor is NTU's Albert Winsemius chair professor of economics Euston Quah.

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