WEF postpones its special annual meeting in Singapore

The World Economic Forum (WEF) has postponed its special annual meeting in Singapore from May to August due to the global COVID situation, Report informs referring to the Straits Times.

The meeting will now take place from Aug. 17 to 20, the WEF said in a statement on Feb. 3.

"Although the WEF and Government of Singapore remain confident of the measures in place to ensure a safe and effective meeting, and local transmission of Covid-19 in Singapore remains at negligible levels, the change to the meeting's timing reflects the international challenges in containing the pandemic," said the organization.

It noted that current global travel restrictions have made planning for an in-person meeting in the first half of the year challenging.

"Furthermore, differing quarantine and air transport regulations have increased the lead time necessary to ensure that participants globally can make arrangements to join," it said.