Singapore will remain an open economy, approach ‘has not and will not change’: Ong Ye Kung

August 24, 2021 Channel News Asia 0 Comments

Singapore’s approach to running its economy, which is being open to the world, “has not and will not change”, said Health Minister Ong Ye Kung on Friday (Aug 20).

With a good geographical location and a resourceful population as its two advantages, he said the COVID-19 pandemic has underlined “a fundamental reality” about Singapore.

“We are too small to survive on our own and we must tap into global markets,” Mr Ong said in a speech delivered before a closed-door dialogue session with members from the European Chamber of Commerce in Singapore (EuroCham). Read More.

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