SINGAPORE (The Straits Times/ANN): The World Economic Forum (WEF) is cancelling its special annual meeting that was scheduled to be held in Singapore in August, with organisers citing the uncertain travel outlook and new Covid-19 variants as reasons for their decision.
"Regretfully, the tragic circumstances unfolding across geographies, an uncertain travel outlook, differing speeds of vaccination roll-out and the uncertainty around new variants combine to make it impossible to realise a global meeting with business, government and civil society leaders from all over the world at the scale which was planned," the WEF said in a statement on Monday (May 17).