The Swiss-based World Economic Forum (WEF) has cancelled its 2021 annual meeting in Singapore this August due to continued global challenges in the management of the Covid-19 pandemic.
In a statement released on May 17 night, WEF said: “Regretfully, the tragic circumstances unfolding across geographies, an uncertain travel outlook, differing speeds of vaccination rollout and the uncertainty around new variants combine to make it impossible to realise a global meeting with business, government and civil society leaders from all over the world at the scale which was planned.”
WEF will host its next annual meeting in 1H2022, but has yet to determine a specific date and location. A decision will be made after an assessment of the situation this summer, noted the statement.
The cancellation follows two postponements ‚Äď from its initial schedule in May 13-16 to May 25-28 and later to August.
Meanwhile, other major events scheduled to take place in Singapore this year will remain as planned.