Singapore Remains Focused on Globalization

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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Craig Erlam

Craig Erlam

Senior Market Analyst - UK & EMEA at OANDA
Based in London, Craig Erlam joined OANDA in 2015 as a Market Analyst. With many years of experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while producing macroeconomic commentary. His views have been published in the Financial Times, Reuters, The Telegraph and the International Business Times, and he also appears as a regular guest commentator on the BBC, Bloomberg TV, FOX Business and BNN. Craig holds a full membership to the Society of Technical Analysts and is recognised as a Certified Financial Technician by the International Federation of Technical Analysts.
Craig Erlam