Singapore

June 2005 | Risk Summary

The narrow Strait of Malacca, a vital sea lane in Southeast Asia, remains under threat from terror attacks according to Prime Minister Lee Hsien Loong. Speaking at a regional security conference, Lee said terrorists were still eyeing the major trade route and that a disruption would have global economic repercussions since it carries 30% of world trade and half the world's oil. Though counter-terror operations have reduced the threat, he believes further resources and training are required. But Lee's call for security support from countries outside the region risks aggravating Singapore's neighbours, who prefer to patrol the straits without external

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