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Singapore, the first international destination for Denmark’s new Minister for Industry, Business and Financial Affairs

05.09.2018  10:11

In June, politician, entrepreneur and teacher, Rasmus Jarlov, was appointed as Denmark’s new Minister for Industry, Business and Financial Affairs. On 9 September, the minister embarks to Singapore on his first international visit with focus on the maritime and fintech industries and on the Sustainable Development Goals as drivers for growth.

Accompanied by a Danish business delegation, Mr Rasmus Jarlov, the new Minister for Industry, Business and Financial Affairs, seeks to bridge the Singaporean-Danish fintech clusters and strengthen the collaboration within maritime innovation from 9-11 September.

 

A push for maritime innovation

To enhance growth and support the transition of the maritime industry from a rust belt industry to a digitized, innovative sector, Singapore’s Minister for Transport, Mr Khaw Boon Wan and the Danish Minister for Industry, Business and Financial Affairs will engage in a high-level dialogue to elevate the Danish-Singaporean collaboration agreement on green quality shipping. A step in this direction will be a tentative signing of a new MoU between the innovation environments Pier 71 (Singapore) and Pier 47 (Denmark) to further involve start-ups to push innovation and digitalization in the maritime industry.

 

Bridging the Singaporean-Danish fintech connection

Singapore and Denmark strive to be global fintech pioneers. The Danish Minister for Industry, Business and Financial Affairs will meet with Singapore’s Minister for Finance and Board Member of the Monetary Authority of Singapore, Mr Heng Swee Keat, to discuss political initiatives to promote fintech. A workshop in the startup environment at 80 RR will explore how fintech can support ending poverty, protecting our planet and ensure prosperity for everyone. With inclusion of start-ups from both nations, a new ‘fintech bridge’ between Singapore and Denmark will be launched to boost the entrepreneurial link and fintech as a tool to reach the SDGs.

 

Natural partners

This November, during the official visit of the Danish Prime Minister to Singapore, Prime Minister Lee Hsien Loong expressed that Denmark and Singapore are natural partners. A partnership that further expands with Minister for Industry, Business and Financial Affairs, Rasmus Jarlov’s visit to Singapore. The National University of Singapore (NUS) and Copenhagen Business School (CBS) will launch the International Board of Directors’ Programme and the International “Logistic Executive MBA” Education. Another collaboration between Nanyang Technological University (NTU) and the Technical University of Denmark (DTU) will set the scene for a smart city event at NTU’s Eco-Campus displaying solutions to improve citizen’s liveability through sustainable business.

For more information about the events and the visit in general, please contact Magnus H. Mernild, Royal Danish Embassy in Singapore, on magmer@um.dk or +65 9636 3819.