Deputy Prime Minister Heng Swee Keat has on July 13 announced the launch of the Singapore Trade Data Exchange (SGTraDex).

The exchange, described as a common data infrastructure for the supply chain eco-system, will enable stakeholders and firms to share data securely. It is expected to support an ecosystem-wide digital transformation.

"The launch of SGTraDex is most timely, as we see a reconfiguration of global trade flows and supply chains," Heng says, speaking at the Asia Tech x Singapore (ATxSG) summit event. 

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