Transformation Map for Singapore’s Infocomm Media sector aims to grow the industry’s value-add by 6% annually
The ITM has 3 thrusts: investing and building
capabilities in AI/ data analytics, cybersecurity, immersive media and IoT;
ensuring availability of skilled manpower; and supporting other sectors in adopting digital technology.
The State Government is assisting the rollout with a $2
million grant and $30 million loan from the Renewable Technology Fund. Approximately
half of all systems will be installed on Housing Trust properties.
Singapore’s Sea Transport Industry Transformation Map aims to grow value-add by S$4.5 billion by 2025
Innovation will continue to be a key area of focus as Singapore develops future capabilities built on emerging technologies such as autonomous systems, robotics, data analytics and artificial intelligence.
A new Digitalised Property Transactions Workgroup is working on is to make it easier for industry to access Government property-related data to enable firms to automate administrative processes such as time-consuming due diligence checks.
MPA Singapore signs multiple MOUs to drive innovation, digitalisation, automation and human capital development
A 3-way MOU has been signed between MPA, Singapore Customs and Singapore Shipping Association to look into the digitalisation of
trade and maritime documentation in the industry.