'Reliability, stability and transparency' key to Singapore's response to geopolitical shocks: Edwin Tong
Source: The Business Times
Published on: 2026-04-08 07:06
[SINGAPORE] Singapore's position as a safe harbour for businesses navigating an increasingly unpredictable global landscape is anchored by three core principles - reliability, stability and transparency - said Law Minister Edwin Tong on Wednesday (Apr 8). Speaking at the Singapore Corporate Counsel Association (SCCA) Asia-Pacific Legal Congress, he said these principles are "operating commitments" underpinning the Republic's legal and business ecosystem. "As a small, open economy, we feel the tremors more acutely than most," he said. "Supply chain fragmentation affects our businesses. Trade tensions raise costs across our economy". Against this backdrop, he stressed the importance of the three principles in responding to geopolitical shocks. On reliability, the minister pointed to the country's strong intellectual property protections, clear regulatory regimes and dispute resolution ...
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