The annual meeting of the World Economic Forum has been postponed again, now scheduled for August

(CNN) – The annual World Economic Forum, to be held in Singapore in May, has been delayed again.

The event will now be held from August 17 to 20.

Although the World Economic Forum and the Government of Singapore continue to rely on measures in place to ensure a safe and efficient meeting, and local transmission of COVID-19 in Singapore remains negligible, the change in the meeting schedule reflects international challenges in containing the pandemic, “said the World Economic Forum (WEF) in a press release.

WEF added that the pushback is the result of current global travel restrictions that make it difficult to plan an in-person meeting in the first half of the year.

Last week, during the Davos virtual event, the WEF expressed confidence that the in-person meeting in Singapore would go ahead as planned in May.

This story was first published on CNN.com, “The annual meeting of the World Economic Forum has been postponed again, now scheduled for August.”