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Iran war a threefold test of governance for Singapore

Beyond managing the immediate disruption, Singapore must navigate ongoing geopolitical turmoil and uncertainty.

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Singapore moved early to cushion households and businesses from the worst effects of the crisis without imposing drastic curbs on energy consumption. 

Singapore moved early to cushion households and businesses from the worst effects of the crisis without imposing drastic curbs on energy consumption. 

PHOTO: ST FILE

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Mr Warren Buffett’s observation that crises expose the strengths and weaknesses of businesses also applies to countries today experiencing the disruption of the Iran war: “Only when the tide is out do you discover who’s been swimming naked.”

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