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 […]
No real regional cooperation if China does not have trust of its neighbours: ESM Goh

In a keynote speech, ESM Goh Chok Tong said that there can be no real regional cooperation if China does not have the confidence and trust of its neighbours. Achieving real cooperation requires more than a change in the tone, style and language of public communications, he said. Mr Goh outlined 3 principles to reinvigorate […]
BioNTech to establish Regional HQ and first mRNA facility in 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 […]
Why do some people want to empty their CPF accounts early when it will hurt them later?

They have illogical fears that if they leave any money behind in the CPF, they will not see it as the Government will allegedly come up with more reasons to deprive them of their money.
Staying open and forging a way forward amidst uncertainties

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. […]