Minister of Trade and Industry Chan Chun Sing

If it means that Singapore will emerge out of Covid-19 in pole position, it is a necessary commitment to run a budget deficit.

Under the FTA, Singapore and UK companies will enjoy the same benefits that they are receiving under the EU-Singapore FTA.

News this week: US formally exits Paris Accord, China's Xi pledges to import more goods

Singapore must transform its economy immediately to avoid losing its hub status

“The greatest uncertainty and the downside risks at this point in time is the global external demand, and I don’t think fiscal measures alone will be the most appropriate for this kind of challenge.” - Trade and Industry Minister Chan Chun Sing

Since its inception in 1972, Singapore Airlines (SIA) has weathered through all kinds of downturns that had im­pacted air travel. This included the Sept 11 terrorist attacks in 2001, the SARS epidemic in 2003 and the global finan­cia