The World Economic Forum (WEF) annual meeting, which will take place in Singapore this year instead of traditional Alpine resort Davos, has been postponed until August 17-20 from the end of May, the organizers announced Wednesday.
According to an official release the meeting would now be postponed to August 17-20, citing the challenges related posed by the coronavirus pandemic.
"The Special Annual Meeting 2021 was scheduled for 25-28 May. Although the World Economic Forum and Government of Singapore remain confident of the measures in place to ensure a safe and effective meeting, and local transmission of COVID-19 in Singapore remains at negligible levels, the change to the meeting's timing reflects the international challenges in containing the pandemic," read the official statement.