Government will keep making bold moves to stay as a key hub: PM Wong
Rising US tariffs and growing nationalism threaten Singapore's economy, but Prime Minister Lawrence Wong says there are still opportunities in clean energy and advanced technology. Speaking at a conference organised by the Institute of Policy Studies and the Singapore Business Federation on the future of Singapore, he says the government will keep making bold moves to embrace artificial intelligence, support businesses and stay a key hub for global investment. Meanwhile, Deputy Prime Minister Gan Kim Yong says the US is in "no mood" to discuss any cuts to the 10 per cent baseline tariffs on Singapore. But he adds that Singapore is still open to negotiations. Nadirah Zaidi and Caitlin Ng report.
Rising US tariffs and growing nationalism threaten Singapore's economy, but Prime Minister Lawrence Wong says there are still opportunities in clean energy and advanced technology. Speaking at a conference organised by the Institute of Policy Studies and the Singapore Business Federation on the future of Singapore, he says the government will keep making bold moves to embrace artificial intelligence, support businesses and stay a key hub for global investment. Meanwhile, Deputy Prime Minister Gan Kim Yong says the US is in "no mood" to discuss any cuts to the 10 per cent baseline tariffs on Singapore. But he adds that Singapore is still open to negotiations. Nadirah Zaidi and Caitlin Ng report.
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