Singapore has to respond to key global transitions, says Chan
The Straits Times, page B10
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.
The three-day conference kicked off at Hilton Singapore in Orchard Road, bringing together academics and business leaders to discuss the opportunities and challenges of accelerating economic growth in a post-Covid-19 world.
It is organised by the Singapore Economic Review journal, whose editor is NTU's Albert Winsemius chair professor of economics Euston Quah. Prof Quah said in his opening address: "We are in the closing chapter of the pandemic, but the world and its global economy are facing new challenges. "Other issues emerge or persist such as disrupted supply chains, inflation and rising inequality, uncovering vulnerabilities of our interconnected world."
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