Singapore DPM urges greater effort to surpass Dubai
Singapore has accelerated its efforts to strengthen its position as a global wealth management center, aiming to compete with major hubs such as Dubai, Hong Kong, London, and New York. The Deputy Prime Minister of Singapore affirmed that updating regulations and developing cross-border clean electricity trade are among the top priorities for maintaining the country's leadership, as it seeks to leverage changes in global supply chains and investment flows. He also indicated that implementing an integrated energy grid among ASEAN countries could take decades, amid growing interest in clean electricity trade.
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