Singapore unveils key economic strategies

New approach: A file picture showing people during their lunch break at the financial business district of Raffles Place in Singapore. New growth areas such as agri-tech, biomedical sciences, electronics and infocomm, as well as media, will be given attention. — AFP

SINGAPORE: While the Economic Development Board (EDB) has done well to secure US$17.2bil of fixed-asset investments in an exceptionally difficult year, the road ahead will be challenging, according to Trade and Industry Minister Chan Chun Sing.(pic below)

Speaking at a media briefing ahead of EDB’s annual year-in-review, Chan outlined the hurdles anticipated and the republic’s key economic strategies for 2021 as the world grapples with the impact of the Covid-19 pandemic.