Singapore's Prime Minister Lee Hsien Loong said there is a lot of synergy between the two regions, and that Asia and Europe start from a good base to deepen cooperation.
During the two-day summit, political leaders aim to further strengthen ties and economic cooperation, as well as partnership in areas such as sustainability.
Of the 120 firms polled, 72 per cent believe that Singapore's economy is improving, a sharp climb from 31 per cent in the previous survey.
The number of M1 customers fell to 1.9 million in the third quarter from 2.1 million a year ago, resulting in a drop of market share to 23.9 percent from 25.6 per cent.
A better quality of life and lower cost of living were cited among the key reasons for choosing to retire overseas, with countries such as Australia and Malaysia emerging as popular retirement destinations for Singaporeans.
New centre by the US management consultancy is said to provide research, bench-marking tools and technology-based solutions to help companies drive productivity. It is an initiative under the McKinsey Innovation Campus, a partnership with the EDB.
The Minister for Culture, Community and Youth says while efforts focused on the environment and sustainable business are important, companies can do more to tailor their CSR initiatives to impact the local community.
Retailers must have a culture of continuous improvement to innovate and transform themselves to stay ahead of competition, Minister of State for Trade and Industry Teo Ser Luck says.
It is offering 30 million shares priced at 23 cents each. Out of these, 28.5 million will be placed out, and the remaining 1.5 million set aside for retail investors.
The response focuses on two proposed regulatory changes - the Minimum Trading Price of 20 cents and the Enforcement Frameworks that MAS and SGX first proposed in February this year.