
What is the outlook for the global economy over the next decade in this era of radical uncertainty?
How will the wavering faith in globalisation, rising geostrategic rivalry, the Intelligence Revolution, the climate crisis, and the cry for inclusive growth for all, affect the fortunes of developed and emerging economies, especially those in the Asia-Pacific (APAC) region? How will global cities, including Singapore, remain relevant in the new international and regional value chains?
The SG60 IPS-SBF Conference provides a platform for global thought-leaders, policymakers, business leaders and academics to analyse the interaction of complex trends. These include the fragmentation of the liberal multilateral order towards more mercantilist orientations in economic strategy; the shifting policy accent from multilateralism to “minilateralism” resulting in a realignment of global value chains, which are themselves responses to changes in international tax regimes on goods and digital services; and the mainstreaming of environmental sustainability, digitalisation and artificial intelligence, among other trends.
The questions we will address include:
- What are the likely scenarios for global economic and business development from 2025 to 2035?
- What are likely to be the most significant changes in the global economic order and international value chains as we knew them?
- What platforms should government, business and civil society leaders participate in or create to support an open, prosperous and inclusive global economy?
- What specific resets in national and corporate strategies are needed for “Global-City Singapore” to prosper beyond its 60th year of independence as a node in new global and regional value chains?
The conference comprises three plenary sessions, each featuring three speakers and a moderator. Prime Minister and Minister for Finance Lawrence Wong will start off with opening remarks and a dialogue with IPS Director Janadas Devan. Deputy Prime Minister and Minister for Trade and Industry Gan Kim Yong will participate in the closing dialogue at the conference. A special keynote address will be delivered by Mr John Denton, Secretary General of the International Chamber of Commerce – the session will be moderated by Ambassador-at-Large with the Ministry of Foreign Affairs, Ambassador Chan Heng Chee.
A curtain-raiser to the conference is a half-day forum featuring the release of new academic research on how Singapore companies are responding to important economic and technological trends. This forum, which will be held a week before the conference, will feature panel discussions with Singapore-based business leaders of both local and foreign firms.
There will also be a specially curated list of site visits called “Future-Ready Businesses Spotlight” to companies that are resetting their corporate strategies to address the global and regional megatrends which we will be discussing during the conference.
Click here to view the programme.
Click here to view the executive summary and here to view the full report.
Pre-Conference Forum
Introductory Remarks by Mr Kok Ping Soon
Session 1 — Singapore Business and its Response to Key Trends: Research Findings
• Slides of Soo Yeon Kim
• Slides of Edmund Malesky
Session 2 — Charting the Course to Global Value Chains of the Future: Leaders’ Views
• Slides of Jefferson Chen
• Slides of Liew Nam Soon
• Slides of Phyllis Ong
Future-Ready Businesses Spotlight
Conference
Introductory Remarks by Mr Teo Siong Seng
Dialogue with Prime Minister and Minister for Finance, Mr Lawrence Wong
Session 1 – Fragmenting Global Economy
Session 2 – New Economic Alliances
• Slides of Indermit Gill
• Slides of Jia Qingguo
Keynote Address by Mr John Denton
• Keynote Address by John Denton
Session 3 – New Pathways of Value
• Slides of Kojin Nakakita
• Slides of Tan Su Shan
Dialogue with Deputy Prime Minister and Minister for Trade and Industry, Mr Gan Kim Yong
Downloads
• Press Release
• Pre-Conference Report
Media Coverage
• Berita Mediacorp 2025. Syarikat SG lebih 'pragmatik' berhubung pelan automasi, AI masa hadapan berbanding negara Asia Tenggara lain. 22 Jul.
• Seithi Mediacorp. 2025. எதிர்காலத் தானியக்கமய திட்டங்கள் - சிங்கப்பூர் நிறுவனங்கள் பின்தங்கியுள்ளன. 22 Jul.
• Lianhe Zaobao. 2025. 调查:不到三成新加坡企业拥原产地证书 恐影响出口. 22 Jul.
• The Business Times. 2025. Trade deals offer limited value to Singapore manufacturing firms: study. 22 Jul.
• The Straits Times. 2025. Don’t count out globalisation, says former MAS chief Ravi Menon. 29 Jul.
• The Straits Times. 2025. US 'non-committal' on whether level of tariffs with Singapore will stay at 10 per cent: DPM Gan. 29 Jul.
• CNA. 2025. Singapore needs to 'think harder' on ways to integrate AI into work: PM Wong. 29 Jul.
• CNA. 2025. Government will keep making bold moves to stay as a key hub: PM Wong. 29 Jul.
• CNA. 2025. No clarity yet on baseline or pharmaceutical tariffs with US: DPM Gan. 29 Jul.
• 8world. 2025. 黄总理:我国须在强化优势和竞争力同时 更新经济战略. 29 Jul.
• The Business Times. 2025. Unclear if US will keep Singapore tariff rate at 10%; no talks on pharma, semicon exports during his trip: Gan Kim Yong. 29 Jul
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