Davos event switches to safer Singapore next year

ZURICH/SINGAPORE－The World Economic Forum's annual gathering of political and business leaders will move from Switzerland to Singapore next year as the COVID-19 pandemic would make it challenging to host the event safely in Europe, organizers said on Monday.

It is only the second time the event, known informally as Davos after the Swiss ski resort where it is usually held every January, will be hosted outside Switzerland since its inception in 1971, and mark its debut in Asia.

"The World Economic Forum will convene the Special Annual Meeting 2021 in Singapore from 13-16 May. It will return to Davos-Klosters, Switzerland, for the Annual Meeting 2022," the organizers said in a statement.