Strong confidence in Singapore amid business challenges due to pandemic: Chan Chun Sing Singapore s Trade and Industry Minister Chan Chun Sing delivers the keynote speech at the Nikkei Forum Innovative Asia on Tuesday, 16 March 2021. (PHOTO: Nicholas Yong/Yahoo News Singapore)
SINGAPORE There is a strong signal of confidence in Singapore amid numerous business challenges posed by the ongoing pandemic, said Minister for Trade and Industry Chan Chun Sing on Tuesday (16 March).
Singapore attracted $17.2 billion of commitments in fixed asset investments in 2020, with Japan contributing more than 6 per cent. In recent years, companies like Google, Nestle, Philips and others have built on their regional HQ presence to set up multiple functions in Singapore, Chan said.