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Commentaries

Commentary: Green bonds and other ideas for sustainability in the Budget
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by Simon Tay and Lau Xin Yi Some credit the recent Singapore Budget as being responsible and responsive. Many ministries face spending cuts, while infrastructure spending will increase to position Singapore for "vibrant and innovative" economic growth. Other comments focus on the goods and services tax, which...

Commentary: Trump’s presidency and Asia’s climate battle
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By Chen Chen Lee and Lau Xinyi The fight against climate change has notably taken a hit during US President Donald Trump's first year in office. Besides rolling back domestic policies and regulations from the era of his predecessor Barack Obama, Mr Trump also announced plans to withdraw...

Commentary: Singapore goes for quiet ASEAN diplomacy
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By Simon Tay and Cheryl Tan City-state seeks cooperation boost despite differences over Trump, China and Myanmar refugees Singapore is settling into its one-year rotating chairmanship of the Association of Southeast Asian Nations at a time when the region's economic growth is outperforming the world. But the...

Commentary: Powering S’pore’s growth through green finance
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by Simon Tay and Yeo Lian Sim President Donald Trump has withdrawn the United States from the Paris Agreement for fear that it gives the world's top polluting countries an edge over his country. Others, like the European Union and China, however, remain committed to combating...

Commentary: Seeing Green
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by Simon Tay, Cheryl Tan and Lau Xinyi There is growing interest for the “red dot” to become a green finance superstar. What might speed this transition? Singapore is a leading financial hub, fast to adapt to new trends and regulations. Its financial sector has been progressive,...

Commentary: AEC Must Anticipate and Respond to Megatrends
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by Simon Tay  The ASEAN Economic Community (AEC) has helped bring focus to the region’s growth. The 2008 global financial crisis notwithstanding, ASEAN economies have continued to grow at an average of around 5%, outperforming global rates. The region is not only a production base but...

Commentary: When the haze comes from Singapore’s own backyard
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by Simon Tay and Pek Shibao for The Straits Times Looking out of the window a fortnight ago, you could be forgiven for wondering if the seasonal haze had returned. Pollutant Standards Index (PSI) readings across the island exceeded the "Good" range for a full week....

Commentary: What will motivate companies to source palm oil responsibly?
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Being more sustainable is good for a company’s bottom line and reputation. So why are companies, as seen in WWF’s recent Palm Oil Scorecard for Singapore and Malaysia, dragging their feet on sustainability? SIIA researchers discuss. By Fawziah Selamat and Pek Shibao For several years, the Singapore Institute of...

Commentary: Managing great expectations of the new Myanmar
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The world’s expectations of Myanmar have swung wildly in recent years. Hopes were sky-high following the National League of Democracy’s (NLD) victory at the 2015 elections, led by Ms Aung San Suu Kyi. But now, these have given way to a somewhat more downcast outlook. Some projects...