Singaporeans Should Leave Israel As Soon As Possible Through Available Commercial Options: MFA
Singaporeans in Israel should leave the country as soon as possible via available commercial options, said the Ministry of Foreign Affairs (MFA) on Tuesday (Oct 10).
Those who choose to remain are urged to stay vigilant and monitor local developments closely, as well as avoid areas where large crowds gather.
The latest advisory comes after MFA issued one on Sunday, which urged Singaporeans to avoid all travel to the Gaza Strip, the West Bank, and Israel’s borders with the Gaza Strip, Lebanon and Syria.
GIC Must Tap New Opportunities in Changing World: DPM Wong
Singapore’s sovereign wealth fund GIC must grasp new opportunities in a changing world of stubbornly high interest rates and sharp-edged geopolitics, said Deputy Prime Minister and Minister for Finance Lawrence Wong after attending the fund’s closed-door meetings.
“We are in a different world – where interest rates are likely to be higher for longer; where we are moving from benign globalisation to great power competition,” DPM Wong said on Monday (Oct 9), as he opened the first in-person GIC Investment Forum since the Covid-19 pandemic in New York.
Wong took over as GIC deputy chairman on Oct 1.
Singapore Is Fighting Rising Seas to Save S$70 Billion in Real Estate
During a half-century of independence, Singapore has fought to expand its territory, inch by hard-won inch. On the tip of the Malaysian peninsula, the island city-state piled up sand to expand its coastline and reclaim land from the sea.
In that time, Singapore has grown by one-quarter, adding landmass more than twice the size of Manhattan. At 735.6 sq km, Singapore is now approaching the size of all five boroughs of New York City. It plans to grow an additional 4 percent by 2030. It is a striking accomplishment, given that many other coasts are receding because of rising sea levels, a result of climate change.
“We are not planning to lose any inch of land permanently,” says Ho Chai Teck, a deputy director at PUB, the government agency coordinating the effort to save the nation’s shores. “Singapore will build a continuous line of defence along our entire coast. This is something that we take very seriously.”
