The Straits Times
Singapore financial sector grew an estimated 6% in first half of 2021: MAS chief Ravi Menon
Singapore’s economic growth for 2021 can exceed the upper end of the 4 to 6 per cent forecast range, says MAS Ravi Menon.PHOTO: ST FILE
PublishedJun 30, 2021, 11:24 am SGT
https://str.sg/3oWH
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New academy to offer public service officers more digital skills training Toggle share menu
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New academy to offer public service officers more digital skills training
A woman wearing a protective mask walks across a bridge beneath the skyline of Singapore s business district amid the coronavirus outbreak, May 27, 2020. (Photo: Reuters/Edgar Su)
26 Feb 2021 07:00PM) Share this content
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SINGAPORE: A new academy will be launched in the second quarter of this year to help public service officers build up digital skills in areas such as data analytics and cybersecurity.
Driven by the Smart Nation and Digital Government Group (SNDGG), it aims to offer 95 training programmes and train more than 6,000 public service officers within the first year.
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Take, for example, their dealings with those in the building-related industry.
The interaction between the various government agencies and key stakeholders (such as building owners and managing agents) has to be more customer-centric to bring about greater productivity and cost savings.
A building owner or management agent has to navigate a labyrinth of platforms (including websites, circulars and portals) when dealing with various government agencies.
The owner or agent needs to visit about 10 different websites for Covid-19 safety measures and matters relating to buildings, fire safety, water service, public health, and lease/land issues.
It is a nightmarish experience for a new managing agent to navigate this maze of information, trying to sieve out the regulatory requirements from each government agency.
Singapore’s fintech industry continued its momentum in 2020 on the back of new regulations, fintech initiatives from regulators themselves and the introduction of the city state’s very first digital banks, according to the Singapore Fintech Report 2021 produced by Fintech News Singapore in partnership with Alibaba Cloud.
The Singapore Fintech Report 2021, released in January 2021, which can be downloaded here, looks at the state of the fintech industry in Singapore, highlighting the key developments made in 2020 that are set to shape the industry for the year to come.
The report indicated that 2020 was a fruitful year for Singapore’s fintech startups which continued to grow and attract funding. Fintech investment in Singapore reached US$346 million in 2020, representing 6.2% of all that was raised in Asia.