In terms of trade, Brexit might only have marginal impact on Singapore as it is only 22ndĀ on the overall list of Singaporeās trading partners. Hence, one can argue that Singapore wouldn't really be affected since we are not exactly dependent on trade wih the UK.
However, in the long term, Singaporeās economy might suffer if UK companies scaled back their investments in manufacturing, which could well happen if Brexit takes its toll on the British economy. A continually weak pound will also exacerbate this issue, particularly if it continues to struggle against the Singapore dollar.
In terms of trade, Brexit might only have marginal impact on Singapore as it is only 22ndĀ on the overall list of Singaporeās trading partners. Hence, one can argue that Singapore wouldn't really be affected since we are not exactly dependent on trade wih the UK.
However, in the long term, Singaporeās economy might suffer if UK companies scaled back their investments in manufacturing, which could well happen if Brexit takes its toll on the British economy. A continually weak pound will also exacerbate this issue, particularly if it continues to struggle against the Singapore dollar.