Singapore PM’s Dire Warning: Global Trade War Looms as U.S. Tariffs Shatter the Old Order
Singapore Prime Minister Lawrence Wong, campaigning for Saturday’s election, warned of a “new storm” from US President Donald Trump’s trade war, necessitating a “major restructuring” of Singapore’s trade-reliant economy. Speaking at a rally, Wong, who became premier in 2024, urged voters to support the People’s Action Party (PAP) to maintain stability amid global economic turbulence caused by Trump’s tariffs, paused for most countries except China.
He highlighted opportunities in Asia’s growing market for supply chain reconfiguration. The opposition, particularly the Workers’ Party, criticizes PAP over rising living and housing costs, gaining support but unlikely to unseat the long-ruling PAP.
Read More News on Business News Malaysia
Read More News on Business News Malaysia
Pavilion REIT posts higher Q1 2026 DPU at 2.80 sen, supported by stronger net property…
In 2026, we expect Malaysia’s economy will grow at +4.2%, underpinned by continued expansion in domestic…
Tambadana, a Malaysian financing company, enhances customer loyalty through engaging seasonal campaigns, promoting financial literacy…
PNB appoints Rizal Rickman Ramli as new President & Group CEO, succeeding Dato’ Abdul Rahman…
AMD unveiled MRC to strengthen AI networking. The protocol ensures GPUs stay synchronized under real‑world…
Frontken posts RM38.9m profit, driven by Malaysia O&G surge and Taiwan semicon demand; TP raised…
This website uses cookies.