Trade is increasingly shaped by security considerations as competition between great powers intensifies, and conflicts raise the risk of miscalculation and escalation, said Prime Minister Lawrence Wong in his National Day Rally speech on Sunday (Aug 23). He said these shifts are the “new normal” that Singapore will have to endure and survive for many years to come. Singapore’s response cannot be to retreat or turn inward, he added. He stressed that trust remains one of the country’s greatest strengths. “When Singapore gives our word, we keep it,” he said. #NDR2026 #sgnews #singapore 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