Jeffrey Siow's keynote dialogue at 18th ASEAN & Asia Forum | In full

In a period of intensifying geopolitical rivalry and global economic disruption, how does a small, resource-constrained nation like Singapore secure its future? Speaking at the 18th ASEAN & Asia Forum on Monday (Aug 3), Singapore’s Minister for Transport and Second Minister for Finance, Jeffrey Siow, outlines the roadmap for Singapore's economy over the next five to 10 years. Mr Siow discussed the findings of the government’s Economic Strategy Review and introduces the "VAR" framework — Value, Agility, and Resilience — as the core pillars to navigate a highly volatile global landscape. The session was hosted by the Singapore Institute of International Affairs (SIIA) and moderated by its chairman Mr Simon Tay. 0:54 Mr Siow on Singapore's Economic Strategy Review (ESR) and the "VAR" model 5:50 Deepening ASEAN integration, transport networks, and regional energy initiatives 9:41 What more can private sector do during this transition? 15:00 Audience Q&A: What are Singapore's hardest trade-offs? 20:53 Audience Q&A: "Minister, I like your socks" 22:30 On regeneration of regional leadership in Malaysia, Indonesia 26:00 Audience Q&A: How can ASEAN help address future events 30:24 Audience Q&A: Can Singapore double down on many more competitive opportunities globally? 35:31 Personal reflections: Shifting from "product developer" (civil service) to "salesman" (politician) Subscribe to our channel here: https://cna.asia/youtubesub Visit our website: https://cna.asia Download our app: https://cna.asia/app Get our editors' picks of stories via chat apps: Telegram: https://cna.asia/telegram WhatsApp: https://cna.asia/whatsapp Follow us on these platforms: https://www.facebook.com/channelnewsasia https://www.instagram.com/channelnewsasia https://www.tiktok.com/@channelnewsasia