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Singapore puts budget focus on transformation, innovation

Singapore puts budget focus on transformation, innovation
After tilting last year s budget towards emergency support in light of the global pandemic, Singapore s government will spend SG$24 billion ($18.1 billion) over the next three years to help local businesses innovate and build capabilities needed to take them through the next phase of transformation.
February 16, 2021 18:17 GMT (10:17 PST)
| Topic: Innovation
Singapore is setting aside SG$24 billion ($18.1 billion) over the next three years to help local businesses innovate and build capabilities needed to take them through the next phase of transformation. The financial boost will go towards various initiatives such as the Emerging Technology Programme, which will see the government co-fund the cost of trials and adoption of emerging technologies including 5G, artificial intelligence (AI) and cybersecurity. ....

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Budget 2021: $24b channelled to firms and workers to boost transformation efforts

The Straits Times
The funds will go towards building a more vibrant business sector and innovation ecosystem.ST PHOTO: LIM YAOHUI
https://str.sg/JHGP
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$24b to help firms, workers adapt to global changes

Around $24 billion will be spent over the next three years to help companies and workers adapt to changes in the global landscape brought on in part by the pandemic.. Read more at straitstimes.com. ....

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