EconomySingapore expects 'economic nationalism' to weigh on investment flow
Government agency seeks to diversify industries and sources amid headwinds
Singapore Economic Development Board Managing Director Jacqueline Poh, left, and Chairman Png Cheong Boon hold a news conference on Feb. 6. (Photo by Tsubasa Suruga)
TSUBASA SURUGA
February 6, 2025 17:38 JST
SINGAPORE -- Singapore's investment promotion agency is bracing for "significant headwinds" from global uncertainties as companies reassess or take longer in investment decisions in response to rising protectionism, exemplified by U.S. President Donald Trump's trade policies.