Singapore has planted a fresh flag to promote global trade – in stark contrast to what it sees as a “dark shift” toward protectionism in other developed markets.
The city-state’s Committee on the Future Economy (CFE) on Thursday released its long-awaited report on how the island-nation will address challenges from stagnant economic growth as key industries, such as trade and commodities, suffered from a slowdown and digital disruption.
The CFE was set up last year to develop strategies to prepare the workforce for economic and social challenges, including digital disruption and an aging population.
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