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WEF Opts for Singapore Over Davos in 2021 as Europe Cases Surge

  • Annual meeting scheduled for Asian financial hub May 13-16
  • Singapore’s low number of Covid cases led to location change
Singapore's Central Bank Sees 'Gradual and Uneven' Recovery
Photographer: Lauryn Ishak/Bloomberg
Updated on

The World Economic Forum will hold its 2021 annual meeting in Singapore instead of its traditional home of Switzerland, which is battling a rising number of coronavirus infections.

The high-profile gathering, which attracts leaders across government, finance and economics, will be held in the Asian financial hub May 13-16 and return to Davos-Klosters, Switzerland, in 2022, the World Economic Forum said. The meeting will also include a virtual component to allow greater participation, according to Singapore’s Ministry of Trade and Industry.