SINGAPORE - To help the economy recover from the severe blows of Covid-19, Singapore will keep investing in technology and innovation to safeguard its competitive edge globally and create opportunities for workers and businesses.. Read more at straitstimes.com.
SINGAPORE - To help the economy recover from the severe blows of Covid-19, Singapore will keep investing in technology and innovation to safeguard its competitive edge globally and create opportunities for workers and businesses.
"We will scale up innovation platforms to drive S&T adoption across industry, and enhance the translation of research outcomes into globally competitive and marketable S&T solutions that will derive greater value for Singapore and the world." The Foundation will continue to develop S&T areas in which Singapore is strong, Mr Heng said, citing advanced manufacturing and engineering, health and biomedical sciences, sustainability and urban solutions.
The Foundation's agenda also includes plans to keep on building a base of capable scientists and engineers in Singapore, with strong links to global communities, plus encourage more young Singaporeans to pursue careers built around S&T to spur more innovation. "We are building a secure and resilient 5G communications network, which will provide the foundation for innovative applications and services. We will grow indigenous capabilities in technologies that drive value creation."
Senior Minister Tharman Shanmugaratnam said on Wednesday that an estimated 1,000 fintech firms are now based in Singapore, following five years of investment in digital transformation and innovation of the financial sector.
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