Singapore a bigger draw for investment amid global uncertainties: Analysts

Trade and Industry Minister Chan Chun Sing (centre) at Linde's ground-breaking event with (from left) ExxonMobil Asia-Pacific managing director Gan Seow Kee; Linde CEO Steve Angel; Linde Asia-Pacific CEO Sanjiv Lamba; and Economic Development Board e
Trade and Industry Minister Chan Chun Sing (centre) at Linde's ground-breaking event with (from left) ExxonMobil Asia-Pacific managing director Gan Seow Kee; Linde CEO Steve Angel; Linde Asia-Pacific CEO Sanjiv Lamba; and Economic Development Board executive director Damian Chan.PHOTO: LINDE

Singapore will likely remain an attractive investment destination over the medium to long term, especially for firms making capital-intensive moves amid global uncertainties and an escalating trade war, analysts told The Straits Times.

Among the reasons cited are the Republic's stable political landscape and pro-business environment, as well as its infrastructure such as an extensive network of free trade agreements, they said.

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A version of this article appeared in the print edition of The Straits Times on August 28, 2019, with the headline 'S'pore a bigger draw for investment amid global uncertainties: Analysts'. Print Edition | Subscribe