In a positive sign of Israel’s expansion with new Asian alliances, Singapore’s Prime Minister, along with his wife, will be arriving in Jerusalem for an historic first visit.
By Nitsan Keidar, Ari Yashar
In recent years as Europe grows more hostile Israel has increasingly been turning to the East, building alliances with Japan, China, India, Taiwan and South Korea – an historically groundbreaking visit on Monday reveals that Singapore is the latest key Asian ally of the Jewish State.
Singaporean Prime Minister Lee Hsien Loong – Photo: Reuters
Singapore’s Prime Minister Lee Hsien Loong is to arrive on Monday in a four-day official visit to represent his southeast Asian technological powerhouse city-state, which has increasingly been doing business with Israel. Continue Reading »
Since both countries are high-tech nations with small populations, they have to turn to broader markets to expand and thrive.
Singapore is looking to increase its investments in Israel, and serve as a bridge to the wider Asian market.
A guest swims in the infinity pool of the Skypark that tops the Marina Bay Sands hotel towers in Singapore. – Photo: REUTERS
“We notice there’s a gap down there. Israeli companies don’t come to Asian that often. We realized that this is an opportunity for us,” said Alex Lim, Global Head of Infocomm Investments (IIPL), a new $200 million Singaporean Government backed fund to invest in start-ups & growth stage companies around the world. Continue Reading »
Israel diversifies economic eggs into new baskets by looking eastward – not only because of Europe’s economic situation, but also because of strong anti-Israel feelings, anti-Semitism and the growing Islamization in major segments of Europe.
With Europe becoming increasingly hostile toward Israel and Jews, the Jewish State needs to diversify its markets, Prime Minister Benjamin Netanyahu told the cabinet Sunday just hours before Japanese Prime Minister Shinzo Abe landed for the first visit by a Japanese premier in nine years.
Visitn Japanese Prime Minister Shinzo Abe and Prime Minister Benjamin Netanyahu, January 18, 2015. – Photo: MARC ISRAEL SELLEM/THE JERUSALEM POST
“Western Europe is undergoing a wave of Islamization, anti-Semitism and anti-Zionism,” Netanyahu said. Continue Reading »