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The World Economic Forum will hold its 2021 annual meeting in Singapore instead of its traditional home of Switzerland, which is battling a rising number of coronavirus infections. The high-profile gathering, which attracts leaders across government, finance and economics, will be held in the Asian financial hub May 13-16 and return to Davos-Klosters, Switzerland, in 2022, the World Economic Forum said. The meeting will also include a virtual component to allow greater participation, according to Singapore’s Ministry of Trade and Industry. Singapore was chosen because it has a relatively low rate of Covid-19 cases, and has recently started experimenting with modified versions of large-scale conference. Earlier this year, the World Economic Forum had said it would move the location of its 2021 meeting within Switzerland to the resort of Bürgenstock.

Singapore Living

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Singapore has long been the city of choice for Western expats wanting an easy entrée into Asia. Clean, efficient, with low tax rates, it’s often seen as rivaling Hong Kong, especially with that city hit by street protests and unrest over China’s new national security law.

Singapore Living