Exploring Global Trade and Singapore’s Place as a World Connector
Supply chain management has gained increased prominence in light of disruption caused by COVID-19, the unpredictable US-China trade war, and the Red Sea crisis. Furthermore, discussions surrounding deglobalisation, market bifurcation and supply chain decarbonisation raise questions about their potential impact on global trade.
In this three-part lecture series, former Group CEO of PSA International and 14th S R Nathan Fellow Mr Tan Chong Meng will examine the past, present and future of trade, and assess key drivers and significant outcomes arising from these profound changes, drawing on his perspectives as a business leader in ports, supply chains and energy. The lectures will also delve into the remarkable expansion in global trade, the role of ports and maritime shipping, and importantly, shed light on the anticipated trajectory for Singapore's role as a maritime hub. Amid uncertain environments driven by geopolitical tensions, climate risk and technological disruption, how can we ensure the sustainability and resilience of our supply chains? How can Singapore continue to play a role as a connector of the world through trade?
Lecture II — Mega Maritime Movements: Adjustments in Orbit
If there is an industry that has seen the ups and downs of globalisation and geopolitical shifts, grappled with changing consumer expectations on a global scale, and transformed according to the reverberations of the modern industrialised age, it would be shipping. We share an insider’s commercial perspective of the rapid changes in the world of shipping over the last decade, and how Singapore, despite these industry shifts, has maintained its position as the world’s top maritime centre, according to the Xinhua-Baltic International Shipping Centre Development (ISCD) Index.
Additionally, as the industry continues to evolve and weather through economic restructuring, technological revolutions and also nearshoring for resilience since the Covid-19 pandemic, we examine how PSA — as Singapore’s flagbearer and in its position as the world’s largest terminal operator by equity-weighted throughput — invests in new ports, intermodal inland facilities and logistics service provider capabilities to create reliable and resilient supply chains, in order to chart a strategic course that is future-oriented.
Mr Marcus Lam, Executive Chairman at PwC Singapore, will be moderating the Question-and-Answer session of this lecture.
To find out more about Mr Tan Chong Meng, the 14th S R Nathan Fellow, click here.
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