Close this search box.

We are creating some awesome events for you. Kindly bear with us.

Navigating Global Challenges: Singapore’s Blueprint for Success

Getting your Trinity Audio player ready...

The recent statements by Foreign Minister Dr Vivian Balakrishnan during the Annual Diplomatic Seminar at the Portuguese Ministry of Foreign Affairs illuminate the fundamental principles that have driven Singapore to its present position as a symbol of triumph, skillfully manoeuvring through the challenges of independence and globalisation.

Firstly, Singapore attributes its success to a hardworking and disciplined population. The human factor has been a critical element, driving the nation’s progress over the past six decades. The ethos of diligence and discipline has permeated the fabric of Singaporean society, forming a solid foundation for economic prosperity.

Secondly, the harmonious relationship between labour, employers, and the government has been a unique catalyst for success. The tripartite structure, fostering collaboration and understanding between these entities, has set Singapore apart. This cooperative model has not only contributed to economic growth but has also created an environment conducive to innovation and development.

Thirdly, Singapore’s focus on rapidly developing first-world infrastructure has attracted foreign investors. The foresight to build a modern and efficient infrastructure early on positioned Singapore as an attractive destination for global investments. This strategic decision laid the groundwork for economic growth and prosperity.

The fourth element contributing to Singapore’s success is a strong rule of law. The predictable legal framework provided a stable environment for businesses and investors, making Singapore an appealing global hub. This commitment to the rule of law has been a cornerstone of the nation’s economic success.

Forced into globalisation in 1965, Singapore embraced the opportunities it presented. The nation opened its doors to investments from around the world, welcoming technology, expertise, and connectivity. This forward-thinking approach propelled Singapore into the global arena, fostering economic growth and development.

Multilateralism and internationalism have been imperative for Singapore’s foreign policy. Active participation in organisations like the United Nations reflects a commitment to global cooperation. Singapore has played a significant role in discussions on cybersecurity, artificial intelligence (AI), climate change, sustainability, and marine biodiversity.

These engagements underline Singapore’s belief in the importance of multilateralism and international law. AI, quantum computing, synthetic biology, and renewable energy mark an inflexion point in history. The mastery of these technological breakthroughs will confer disproportionate economic and strategic power on the countries or regions that lead the way.

The Minister urged nations to recognise the significance of technological advancements. The race to master these technologies has far-reaching implications for global influence. Singapore positions itself at the forefront of this technological revolution, emphasising the importance of staying ahead in the fields of AI, quantum computing, and other cutting-edge fields.

Minister Vivian stressed the transformative power of technology. He believes in a collective focus on harnessing the potential of AI, quantum computing, synthetic biology, and renewable energy for the betterment of humanity.

Additionally, Singapore’s success story, rooted in a disciplined population, collaborative tripartite relationships, strategic infrastructure development, and a commitment to the rule of law, serves as a blueprint. As the world stands at the crossroads of technological advancements, nations must heed the call to embrace innovation, cooperation, and progress for a more promising future.

The Minister expressed the view that a new global convention is necessary for both AI and cybersecurity. He emphasised the importance of collective efforts, stating that while small countries cannot unilaterally dictate rules, they can collaborate to establish a fair, predictable, and consistent regime for all nations.


Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.


CTC Global Singapore, a premier end-to-end IT solutions provider, is a fully owned subsidiary of ITOCHU Techno-Solutions Corporation (CTC) and ITOCHU Corporation.

Since 1972, CTC has established itself as one of the country’s top IT solutions providers. With 50 years of experience, headed by an experienced management team and staffed by over 200 qualified IT professionals, we support organizations with integrated IT solutions expertise in Autonomous IT, Cyber Security, Digital Transformation, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Well-known for our strengths in system integration and consultation, CTC Global proves to be the preferred IT outsourcing destination for organizations all over Singapore today.


Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview’s full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit


SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.


HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 


IBM is a leading global hybrid cloud and AI, and business services provider. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service.