Singapore values the continued trust British firms give it as business hub, says Chan Chun Sing

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SINGAPORE - Singapore values the continued confidence and trust of British companies in the country as a business hub, said Trade and Industry Minister Chan Chun Sing on Thursday (Oct 29).. Read more at straitstimes.com.

SINGAPORE - Singapore values the continued confidence and trust of British companies in the country as a business hub, said Trade and Industry Minister Chan Chun Sing on Thursday .

Speaking at the chamber's annual awards ceremony, which was held virtually this year, Mr Chan said that Singapore will continue to value and welcome international companies and talent in the country. This is even as Singapore will at times make adjustments to its manpower policies in accordance with the economic and employment situation, he added.

There is much the United Kingdom and Singapore can do together to position themselves for recovery amid the coronavirus pandemic, he said. More on this topic "All these reflect the strong mutual interest on the part of Singapore and UK companies to collaborate on projects together," Mr Chan said. In his speech, Mr Chan also highlighted that Singapore is interested to pursue further digital economy agreements with like-minded economies, including the UK.

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Brexit will probably mean many British companies will be lured back home with more attractive terms.

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