The Ministry of Trade and Industry seems to think so too, with them commenting that the move shows that the WEF has confidence in Singapore’s management of the pandemic. THE planet's most powerful people have descended on the small Alpine town of Davos in Switzerland for the annual World Economic Forum (WEF). Previously, Singapore has expressed its goal to help the meetings, incentives, conferences and exhibitions (MICE) sector recover. It is only the second time the event, known informally as Davos after the Swiss ski resort where it is usually held … 2011: The WEF began to address the lack of women represented at the annual forum and introduced a quota of at least one female for every five senior executives who attended. The billionaire is to be among 70 heads of state or government who are expected to be on hand, along with hundreds of business executives, academics, government officials, and artists. While there are still a steady number of protests every year, the number has gradually decreased since 2003. 1973: For the first time, the event discussed global events such as the Arab-Israeli war and widened its focus to economic and social issues. Minister for Trade and Industry Chan Chun Sing echoed the sentiments in a Facebook post uploaded last night and added that Singapore is appreciative of the trust placed in Singapore. What do you do when you don't know the meaning of the word "obscurantism", or want to learn more... Today is the third consecutive day whereby there is no community case. Let's take a look at the event, held this week from January 23 until 26, where business leaders mingle with politicians to discuss a range of topics such as the global economy and the environment. ), Everything About the Row Between Google & Australia Simplified for You, 44 COVID-19 Cases Today (25 Jan); All Are Imported Cases, Everything About the New Wave of COVID-19 Infections in Taiwan So Far, Cat Owner Transferred $300 to Scammer Who Claimed to Have Found Her Lost Cat, Korea Actress Song Yoo-jung Passed Away at 26 Years Old. They’ll then continue with a summit in Japan in April 2021. 2014: CNN reported that businesses have to pay around $40,000 to send a single delegate to the event. ZURICH (Reuters) -The World Economic Forum (WEF) will be held in Singapore instead of Switzerland next year as the COVID-19 pandemic would make it difficult to ensure the health and … During the usual “Davos week” in January 2021, the forum will hold a virtual event. 1971: German-born Klaus Schwab, professor of business at the University of Geneva, arranged the first meeting between business leaders to discuss global management practices. It noted how President Trump "delivered on some of his unilateralist campaign pledges" by pulling the US out of the Paris climate accord and a trans-Pacific trade pact. This will be the second time the annual forum is held anywhere else other than Switzerland and the first in Asia. Click here to upload yours, Woman, 45, who dumped husband for toyboy, 24, stunned as he pockets her £1.5k, Matt Hancock to hold a press conference at 5pm TONIGHT, Boris Johnson confirms some UK lockdown rules could be lifted in THREE WEEKS, 5-month-old baby killed and mum fighting for life after being hit by a van, Teen who battered lover, 15, to death over £2k blackmail plot is jailed, ©News Group Newspapers Limited in England No. It also said "identity politics" could fan geopolitical and domestic risks. "In addition to the 'America First' platform of President Trump, variations on this theme can be seen in numerous countries from China to Japan, Russia, Turkey, Saudi Arabia, the Philippines and elsewhere. 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