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Investment screening is new normal but it’s still possible to protect business interests
Many countries have become wary of foreign investments on account of security concerns. This has implications for Singapore firms and investors.
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Investment screening is emerging as a vital policy tool that many countries have adopted.
ST PHOTO: KUA CHEE SIONG
There was a time, not very long ago, when most nations were chasing foreign direct investments (FDIs) and throwing open their doors to investors. But national security concerns and supply chain disruptions have changed the picture dramatically, and many countries no longer automatically welcome foreign investors without first considering the implications for security and economic resilience.
These considerations are pertinent for Singapore, too, and our firms and investors will have to adapt to the new regulatory environment when they consider venturing abroad.
