Singapore Faces Downside Risks in Coming Months: Trade and Industry Minister

The video discusses Singapore's economic resilience amid global challenges, highlighting the country's export growth and sectoral performance. It addresses potential risks, including recurring health crises, policy-induced risks, and fiscal constraints. The discussion extends to cross-border travel protocols and the importance of supply chain resilience. Singapore's role as an intermediary in global supply chains is emphasized, with a focus on maintaining interdependence despite geopolitical shifts.

What percentage of Singapore's workforce was working on-site during the circuit breaker period?

• 50%

• 70%

• 90%

• 30%

Which sector is mentioned as having a strong performance that could help Singapore's economy?

• Pharmaceuticals

• Retail

• Tourism

• Construction

What is one of the key risks mentioned that could affect the global economy?

• Increased tourism

• Protectionist measures

• Rising oil prices

• Technological advancements

Which countries is Singapore working with to restart cross-border travel?

• UK and France

• Brazil and Argentina

• Australia and New Zealand

• Japan and India

What are the two categories of people considered for essential business travel?

• Retail workers and farmers

• Healthcare workers and teachers

• Senior management and skilled technicians

• Tourists and students

What is the US's strategy regarding supply chains post-crisis?

• Increase dependence on China

• Restructure to reduce dependence on China

• Focus solely on domestic production

• Ignore supply chain issues

How does Singapore view its role in the global supply chain?

• As a competitor

• As an intermediary

• As a disruptor

• As a bystander