Ease of connectivity, not geography per se that determines economic relations, says Chan Chun Sing

“Historically, geographical distances have shaped economic cooperation,” Education Minister Chan Chun Sing said. “By virtue of Southeast Asia’s geographical position, goods, capital, people and culture have flowed between Southeast Asia and China for thousands of years. Physical proximity was a natural enabler of the development of interdependencies.” But is Geography still Destiny? Speaking at the […]

BioNTech to establish Regional HQ and first mRNA facility in Singapore

BioNTech Regional HQ Singapore

BioNTech SE announced on 10 May its plans to establish its Regional Headquarters for Southeast Asia in Singapore. This is a key milestone in the Company’s international expansion. It follows the establishment of of its U.S. Headquarters in Cambridge, MA in 2020. In addition to selecting Singapore as its future regional headquarters, BioNTEch also plans […]

Staying open and forging a way forward amidst uncertainties

trade, Singapore, economy

During The Economist’s Asia Trade Insight Hour series, a webinar was held on the economic outlook for trade. Mr Chan Chun Sing, Minister of Trade and Industry, noted that global trade has lifted millions out of poverty. There is, however, a growing number of people who oppose trade because of the uneven distribution of benefits. […]