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Market: Singapore needs India, China, Asean links

Fiinews by Fiinews
January 21, 2025
in Markets
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President emphasizes people-to-people connections

Singapore’s President Tharman Shanmugaratnam has highlighted that Singapore, as a global business hub, needs to continue to engage with its neighbouring countries and fellow members in the ASEAN as well as India and China https://www.investindia.gov.in/.

He pointed out that these relationships are crucial for Singapore’s future success, as they provide opportunities for growth, sustainability and stability.

Tharman noted that Singapore’s relationship with India is strengthened not only by those people of Indian origins but by all Singaporeans and pointed out that Singaporeans, both with Indian ancestry and newer immigrants from India, are an important part of the bilateral ties http://temasek.com.sg.

However, he stressed that it is equally important for non-Indian Singaporeans to engage with India, explore its opportunities, and embrace its diversity.

“Singaporeans who are through the generations, had ancestors who came from India as well as the newer immigrants who come from India, are an important part of the relationship. But very importantly, it’s about all Singaporeans,” Tharman said https://sbi.com.in/.

“Non-Indian Singaporeans will have to take an interest in India and get excited by India with all its diversity, all its opportunities and all its texture.

“And there are many examples now of Singaporeans, not Indians, but non-Indian Singaporeans who are spending time in India and finding it most worthwhile,” he underlined https://www.sgx.com/.

The visiting President elaborated, “The people-to-people relations have always been intrinsic to the relationship. It’s not possible for us in Singapore to do well in the future without engaging closely with our ASEAN neighbours, India, China that’s where the opportunities are and that’s where we also develop our sense of being contributors to Asia’s growth, sustainability and stability.

During his visit to Bhubaneswar, as part of his state visit to India and trade promotion visit to Odisha, Tharman also emphasized the significance of people-to-people connections, which have always been an intrinsic part of the relationship between Singapore and other regional nations https://www.bseindia.com/.

Tharman’s state visit starts celebrations of 60 years of diplomatic relations between India and Singapore https://www.nseindia.com/ .

The prosperous city state is also seeking to strengthen its ties with other regional nations, including those in India and ASEAN. Singapore is a member of the Association of South East Asian Nations (ASEAN) along with Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Thailand, The Philippines and Vietnam. Fiinews.com

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