As Reported by the Straits Times, this November, Michael Bloomberg will host an inaugural business forum in Singapore, namely The New Economy Forum.
This forum will be attended by prominent leaders and thinkers who are included on a long list of top names, such as an American statesman Henry Kissinger, former United States Federal Reserve chair Janet Yellen and former Australian prime minister Kevin Rudd. And then former US Treasury Secretary Henry Paulson, General Motors chairman, and chief executive Mary Barra, Mr David Rubenstein, co-founder and co-CEO of private equity investment firm The Carlyle Group, and Infosys chairman Nandan Nilekani.
In sum, the forum has prepared a guest list of those who have dedicated their works to business and politics realms.
Initially, the forum would be set in Beijing from 6 until 8 of November. However, the schedule of the forum was changed due to the US-China trade war, and during those days Chinese President Xi Jinping had already set and agenda for an import expo.
When Mr. Bloomberg's Chinese partner, the China Centre for International Economic Exchanges think tank, asked last month that the event be changed to next November, the forum organizers immediately arranged a new venue and settled on Singapore.
In response to this, Global CEO of the Bloomberg Media Group Justin Smith commented, “The conversation can’t wait.”
"Read the newspaper every day and look what's happening across all the key areas that this forum is going to focus on. What is the future of global governance? How are the US and China going to come together to agree on a global system? What institutions are going to be created?"
The aim is to bring together the top minds and managers to devise "actionable solutions" to pressing issues - global governance, trade, technology, inclusion, finance, urbanization and climate change.
"If governments cannot solve them, Mike Bloomberg believes the private sector should step up and lead," Mr. Smith told The Straits Times.
To equip and better prepare the forum, the prominent management consulting company McKinsey Global Institute has been appointed to work with the forum organizers to develop business-related solutions that will later be adopted by chairmen and CEOs at the two-day discussion in Capella Singapore, from 6th until 7th of November 2018.
Besides the aforementioned big names, there will no doubt be great interest in Mr Bloomberg's presence after he stated on 14th of September that he is considering running for US president as a Democrat in 2020.