South Korean regulators recently released the results of their inspection of domestic cryptocurrency exchanges. The inspections highlighted that some previously inspected exchanges were still vulnerable to hacking attacks due to poor security.
The audit was carried out by the Ministries of Science and Finance, in collaboration with the Korea Internet and Security Agency (KISA). It was conducted from September to December 2018. This investigation was a follow up to previous reviews in 2017.
Audit examines different aspects of security
The exchanges were inspected in an audit that looked different aspects of administrative, network, system and operational security, as well as database backup and wallet management.
The government agencies responsible for the checks also investigated whether the identified issues in previous investigations had been corrected. In addition to this, 21 new platforms came under scrutiny under the same guidelines.
In addition to the exchanges that didn’t improve their security measures, some crypto exchanges lacked adequate system infrastructure such as dedicated security and management staff, a password management system, crypto deposit and withdrawal controls, and a system to monitor their crypto wallets.
Seven of the crypto currency exchanges passed the investigation – Upbit, Bithumb, Gopax, Korbit, Coinone, Hanbitco, and Huobi Korea
The remaining exchanges were found to be vulnerable to hacking attacks because of poor security. The Ministry of Economy and Finance did not name the platforms that did not get approval, but the agencies put down the security failures to insufficient establishment and management of security system such as basic PC and network security.
South Korea has lost many millions of dollars in cryptocurrencies through hacks at exchanges such as Coinrail (over $40 million) and Bithumb (over $30 million).
Last summer due to the many serious security hacks, South Korea’s Financial Services Commission, called on government to pass a bill regulating domestic cryptocurrency exchanges in order to regulate and improve security in the industry.
Crypto currency regulation trending in Government across Asia
Investigating and putting regulatory frameworks in place for digital trading is a huge trend in Government in Asia now. This week also saw Malaysia announce that all digital trading platforms and Initial Coin Offerings must have approval from Malaysia’s Securities Commission in order to operate. They are also developing a set of regulatory guidelines which will be released before end of the first quarter 2019.
The Thai Securities and Exchange Commission (SEC) announced last week the results of the applications for crypto business licenses. Seven companies applied for a license and have been allowed to operate their crypto businesses while the regulators reviewed their applications.
The country’s ministry of finance has granted digital asset business licences to four applicants, two applications have been rejected and one is still under review.
Three crypto exchanges and one broker-dealer have received approval. The three approved exchanges are Bitcoin Exchange Co. Ltd. (Bx), Bitkub Online Co. Ltd. (Bitkub), and Satang Corporation (Satang Pro). The approved broker-dealer is Coins Th Co. Ltd.
Thailand has also led the way in recognising the need for regulation in this industry in Asia. The SEC introduced a regulatory framework last year which defined rules for investing in digital assets offered in an initial coin offering (ICO).
The Cyberport Entrepreneurship Programmes’ 20th Anniversary Celebration and Graduation Ceremony was a major event attended by notable personalities, distinguished guests and budding innovators.
Cyberport is Hong Kong’s digital technology flagship and incubator for entrepreneurship with over 2,000 members including over 900 onsite and close to 1,100 offsite start-ups and technology companies. It is managed by Hong Kong Cyberport Management Company Limited, wholly owned by the Hong Kong SAR Government.
With a vision to become Hong Kong’s digital technology hub and stimulate a fresh economic impetus, Cyberport is dedicated to cultivating a dynamic tech environment. This commitment involves nurturing talent, encouraging youth entrepreneurship, aiding startups, fostering industry growth through strategic partnerships with local and international entities, and driving digital transformation across public and private sectors, bridging new and traditional economies.
Professor Sun Dong, the Secretary for Innovation, Technology, and Industry, Hong Kong highlighted Cyberport’s incredible journey and the achievements of its vibrant community. Expressing his delight in commemorating Cyberport’s two-decade-long legacy, he emphasised the institution’s pivotal role as an ICT powerhouse in Hong Kong.
From its humble beginnings to its present stature, Cyberport has emerged as a catalyst for innovation, nurturing over 2,000 technology companies and startups and showcasing an exponential growth rate over the past five years.
Cyberport’s community has attracted a staggering US$38 billion of investment, marking its significance as an ICT flagship in Hong Kong. The establishment takes pride in its contribution to nurturing numerous innovative ideas and fostering dynamic business ventures, with seven notable unicorns in fintech, smart living, and digital entertainment sectors.
Cyberport excelled at the prestigious Hong Kong ICT Awards, with 25 startups securing 28 accolades, including the esteemed Award of the Year. This achievement showcased the institution’s exceptional calibre and innovation prowess nurtured within its ecosystem.
Acknowledging the pivotal role of startups in Cyberport’s success story, Professor Sun Dong shared how these young enterprises, often starting with a simple idea at a small table, grow in tandem with Cyberport’s support. The institution provides not just financial aid but also a nurturing environment where entrepreneurs can leverage extensive networks, collaborative spaces, and expert guidance to cultivate their ideas into commercial successes.
The graduation of more than 200 startups from the Entrepreneurship Programme stood as a testament to Cyberport’s commitment to fostering entrepreneurial talent. This initiative empowers startups to translate their ideas into tangible commercial solutions and market breakthroughs, laying the foundation for their future success.
Looking ahead, Professor Sun Dong outlined Cyberport’s exciting plans, including the upcoming expansion block slated for completion in two years, aimed at providing additional space for the community’s development. He also highlighted Cyberport’s initiative to establish the Artificial Intelligence Supercomputing Centre, a pioneering endeavour set to commence in 2024, envisioned to be a pioneering and substantial facility in Hong Kong.
Cyberport’s extraordinary journey showcases significant achievements while charting a promising future, embodying the core values of innovation, collaboration, and collective growth.
Professor Sun expressed gratitude on behalf of the Government, acknowledging their hard work and contributions to the tech ecosystem emphasising the importance of collective participation for a better future.
The vibrant success of events like the Cyberport Venture Capital Forum 2023 resonates with Cyberport’s commitment to fostering innovation and collaboration, further cementing its role as a catalyst for technological advancement and entrepreneurial growth in Hong Kong.
The Cyberport Venture Capital Forum (CVCF) 2023 saw a turnout of over 2,500 participants during its two-day hybrid event. Themed “Venture Forward: Game Changing through Innovation,” the forum convened 80 global visionary venture experts, entrepreneurial pioneers, and influential thinkers. With more than 120,000 page views and over 300 fundraising meetings facilitated, it solidified its position as a pivotal platform fostering networking and collaborative opportunities.
Union Minister of State for Skill Development & Entrepreneurship and Electronics & IT, Rajeev Chandrasekhar, spoke at two influential tech events: the Indian Express Digifraud & Safety Summit 2023 and YourStory Techsparks’23. His engagements centred around India’s technological advancements, regulatory policies, and the nation’s promising future in the global tech landscape.
At these tech summits, Minister Rajeev Chandrasekhar outlined India’s ambitious technological trajectory, reinforcing the government’s dedication to fostering innovation, ensuring a safe digital environment, and harnessing the transformative power of technology for the nation’s progress.
Minister Rajeev Chandrasekhar articulated India’s journey in artificial intelligence (AI) and emphasised the government’s commitment to fostering innovation and the startup ecosystem. He expressed the government’s profound interest in further boosting India’s burgeoning startup landscape.
Minister Rajeev Chandrasekhar noted India’s transition from an unrestricted, eternally optimistic view of technology and the internet to a more nuanced approach. He highlighted the government’s aim to strike a balance between fostering innovation and growth while guaranteeing distinct rights for digital citizens.
The Minister emphasised the evolution from the phase of transforming India to the concept of ‘New India’ and now envisions witnessing the emergence of ‘Viksit Bharat’. He expanded on India’s transformation which resonated with the Prime Minister’s vision to raise India to a developed nation status, aiming to elevate the nation to the position of the world’s third-largest economy.
Highlighting the government’s initiatives, Minister Chandrasekhar stated, “Our focus is on startups, innovation, and funding, creating a computing infrastructure. In January, Prime Minister Shri Narendra Modi agreed to establish a significant amount of GPU capacity in India for startups to access and bring forth their innovation and foundational models.”
He advocated for decentralising the startup landscape, encouraging the emergence of successful ventures from various regions across India. “We want unicorns and successful startups to come from Meerut, Ghaziabad, Kohima, Srinagar, Kottayam, Belgaum, Dharwad, Visakhapatnam, Nagpur, and beyond,” he asserted, confirming the nation’s commitment to fostering innovation in diverse cities.
Addressing concerns about internet regulation and safety, the Minister explained the government’s evolved approach, focusing on ensuring safety and trust for digital citizens while holding platforms accountable. He clarified that “safety and trust are not for the Government; rather, they are initiatives aimed at safeguarding the vast majority of Digital Nagriks”.
Reflecting on his participation in the UK AI Summit, Minister Chandrasekhar underscored India’s commitment to a safe and trusted internet, aligning with the government’s guiding principles since 2021.
“We want the internet to be safe and trusted; it is an article of faith. We also aim for platforms to be legally accountable,” he reiterated.
He highlighted the need to embrace AI’s potential while managing risks, warning against a narrative that diminishes its innovation. The Minister emphasised that avoiding the overshadowing of AI’s benefits by its perceived risks is crucial for the digital economy and the populace.
“We don’t seek to demonise AI; rather, it’s vital to maintain a balance so that the discourse on its risks doesn’t eclipse its potential advantages,” he explains, clarifying India’s approach to artificial intelligence.
OpenGov Asia provided coverage of India’s expanding global influence, highlighting the country’s leadership roles across diverse international platforms. Prime Minister Narendra Modi has introduced the Global Digital Public Infrastructure Repository (GDPIR) and a Social Impact Fund (SIF). The GDPIR will be used for sharing information and best practices and the SIF is designed to advance Digital Public Infrastructure (DPI).
He unveiled the schemes during the Virtual G20 Leaders’ Summit. Chaired by the Ministry of Electronics and Information Technology (MeitY), the G20 Digital Economy Working Group (DEWG) has played a key role in progressing the global DPI agenda.
The New South Wales (NSW) Government is working to address the anticipated shortage of 85,000 digital workers in the region by 2030. In a collaborative effort, government officials, leaders from the digital industry, and education and training providers are joining forces to bridge the looming digital skills gap. The Minister for Skills, TAFE, and Tertiary Education, Steve Whan, recently officiated the launch of the NSW Digital Skills and Workforce Compact at NSW Parliament House, marking a significant milestone in the initiative.
The collaboration involves 37 compact partners, comprising the highest echelons of industry representation. Together, these partners hold a considerable reach, influencing 1.7 million students and representing over 340,000 digital workers in NSW.
The scope of the compact is extensive, aiming to promote digital careers across the state, with a specific focus on encouraging traditionally underrepresented groups such as women, First Nations people, and individuals in regional and remote areas to pursue tech-related professions.
At its core, the compact seeks to transform the perception of digital careers, fostering diversity in the sector and creating welcoming and productive workspaces. Recognising the urgency of the skills shortage, the partnership is committed to developing and implementing new employment pathways, providing on-the-job training experiences for individuals aspiring to embark on a long-term career in the digital industry.
The ambitious goals of the NSW Digital Compact are outlined in a comprehensive set of milestones. Firstly, the compact aims to alter societal perceptions of tech careers, emphasising diversity and inclusivity within the sector. By collaborating with industry partners, the initiative plans to expand and enhance new pathway programs for tech roles, including traineeships and work experiences. Additionally, efforts will be made to extend the reach of mentoring and networking programs to engage a more diverse audience.
Recognising the importance of continuous learning and adaptation in the rapidly evolving tech landscape, the compact seeks to provide increased opportunities for the people of NSW to reskill or upskill in tech-related roles. This not only addresses the immediate skills shortage but also positions the workforce to meet the evolving demands of the digital industry.
A crucial component of the collaborative effort is the establishment of a Digital Education Forum. This platform, created in collaboration with universities, TAFE institutions, school curriculum providers, and industry experts, is dedicated to enhancing tech education and fostering stronger industry partnerships. The forum serves as a proactive measure to ensure that educational institutions are aligned with industry needs and that students are equipped with the skills required to thrive in the digital workforce.
The Minister Steve Whan underscores the significance of this landmark agreement, emphasising the commitment of the NSW Government to shape a digitally empowered future for the state. Beyond just bridging the skills gap, the NSW Digital Compact is laying the foundation for a resilient and inclusive digital workforce.
The Minister highlights that the compact represents a substantial opportunity for government, industry, and education leaders to work together in changing people’s perceptions of ‘tech’ and expanding the inclusivity of the sector.
The Chair of the NSW Skills Board and CEO of ANZ branch of the partnering tech firm stressed the research commissioned by the NSW Skills Board, projecting a shortfall of 85,000 digital workers by 2030. To address this gap, the compact partners aim to achieve 20% of new hires coming from alternative pathways by the same year. The Chair believes that the compact will play a pivotal role in providing a pipeline of diverse talent to fill high-paying, secure jobs that are being created in NSW’s rapidly growing digital sector.
The NSW Digital Compact Partners include the NSW Government, several major global companies, the Institute of Applied Technology Digital, TAFE NSW, Tech Council of Australia, and all NSW/ACT universities. This diverse coalition reflects a collective commitment to building a robust and inclusive digital workforce, ensuring that NSW remains at the forefront of digital innovation in the years to come.
The Bureau of Industrial Parks (BIP), under the Ministry of Economic Affairs (MOEA) of Taiwan, is spearheading the University-Research Adoption Programme to propel companies into the field of digital and low-carbon transformation. Recognising the pivotal role of academia-industry collaboration in catalysing this evolution, BIP has enlisted the expertise of the Academia-Industry Consortium of Taichung Software Park in Taiwan (AiCTSP).
The consortium, known for its robust “One School, One Industrial Park” academic adoption programme, brings together technical experts from universities to bolster manufacturers in central industrial parks. Recently, the BIP orchestrated its annual pinnacle event at Hungkuang University, orchestrating a vibrant industry-academia cooperation exchange activity that drew nearly a hundred participants.
Yang Po-Keng, the Director-General of BIP, highlighted the pivotal role played by universities, AiCTSP, and businesses in parks during 2023, underscoring the abundance and diversity of industry-academia services rendered to businesses within the parks.
The range of services offered is impressive, encompassing in-depth technical counselling, talent training programmes, student internships, campus visits, and talent matching meetings. The collaboration also extended to assisting in the submission of ten research proposals to secure government project resources and subsidies.
Noteworthy initiatives such as the “Digital Innovation Award” competition were organised, providing a platform for businesses to showcase groundbreaking innovations. Besides, the BIP actively supported businesses in parks to establish talent development classes, sparking enthusiastic participation and yielding fruitful outcomes.
Cheng Tao-Ming, Chairman of AiCTSP and Principal of Chaoyang University of Technology, emphasised the pivotal role of AiCTSP as an industry-academia platform, acting as a conduit to bring industry and academia closer through various collaborative activities.
This strategic approach enables businesses to engage more profoundly with high schools and universities, fostering effective industry-academia collaboration. Looking ahead, in tandem with the organisational restructuring of industrial parks, the collaboration is set to deepen further as high schools, vocational schools, and colleges align with BIP’s planning to enhance industry-academia ties.
As countries join forces to address climate change and emphasise sustainability, the attention is on digital and low-carbon changes. These developments are critical solutions for mitigating the negative effects of glasshouse gas emissions and reshaping industries and economies.
The global trajectory involves a decisive shift toward cleaner technologies, renewable energy sources, and resource-efficient practices, not only as a response to climate change but also as catalysts for innovation and economic growth.
Businesses are increasingly acknowledging the need to align with environmental goals, integrating sustainability into their operations to meet the expectations of a thorough consumer base and socially responsible investors.
The ongoing global transition towards smart and sustainable urbanisation, coupled with the relentless advancement of digital technologies, is setting the stage for the creation of resilient cities capable of adapting to the multifaceted challenges posed by climate change.
The digital era facilitates unprecedented international collaboration, allowing nations to exchange best practices and work together toward shared environmental objectives. Governments worldwide are implementing policies and regulations to incentivise sustainable practices, propelling the momentum behind digital and low-carbon transformations.
The collaborative initiatives in Taiwan represent a significant stride towards fostering a more sustainable and resilient future. The multifaceted benefits of this collective effort extend beyond environmental conservation, promising positive impacts on societal well-being and progress.
Through the integration of cutting-edge technology, the advancement of industry-academia partnerships, and the adoption of a low-carbon principle, this deliberate effort not only tackles present issues but also establishes the groundwork for long-lasting positive transformation.
The StartmeupHK Festival 2023 concluded with a display of tech innovation, sustainability and global collaboration, cementing its status as a catalyst for propelling startups into an era of limitless opportunities. Hosted by Invest Hong Kong (InvestHK), the festival attracted over 12,000 in-person attendees and an additional 16,000 online viewers from 85 countries and territories, encompassing industry leaders, tech enthusiasts, investors, and governmental figures.
Under the banner of “A Future Unlimited,” the festival brought together speakers and facilitated one-to-one meetings, fostering collaborations and exploring growth avenues for startups with potential partners and investors.
The presence of senior government officials highlighted the Hong Kong Special Administrative Region (HKSAR) Government’s commitment to fortifying the city’s ecosystem through proactive measures and established funding schemes.
At Game On! 2023, the Acting Financial Secretary, Mr Michael Wong, applauded Hong Kong’s burgeoning startup community, citing significant growth in startup numbers and employment figures, showcasing the city’s potential to nurture these ventures.
Professor Sun Dong, the HKSAR Government Secretary for Innovation, Technology, and Industry, reinforced the government’s dedication to bolstering Hong Kong as an international innovation hub. This commitment was echoed by Ms Alpha Lau, Director-General of Investment Promotion at InvestHK, emphasising Hong Kong’s resilience and the government’s strategic initiatives to attract global talent and capital.
While spanning diverse tech domains like web3, healthtech, proptech, greentech, and AI, sustainability emerged as a central theme across the festival’s discourse. Visionaries and experts converged to underscore the need to integrate sustainable practices into business models.
Mr Bernard Chan, Chairman of Our Hong Kong Foundation, stressed the importance of sustainable business practices, advocating for collaboration within the region to achieve this goal. Panel discussions resonated with the unanimous sentiment that sustainability is not just an option but an essential facet of future success.
From the potential of generative AI in healthcare by Dr Frank Pun to insights about the colossal impact of web3 by Mr Jirayut Srupsrisopa, the discussions illuminated the trajectory of technological advancements and their transformative role in shaping Hong Kong’s future.
The festival was not just about discourse; it provided a platform for startups to shine. Pitching competitions like the Startup World Cup Asia Finale showcased innovative ventures like i2cool and Allegrow Biotech, representing Hong Kong’s prowess in green technology and biotech respectively.
Moreover, the festival’s unique events, such as investor-matching sessions on a Ferris Wheel and exclusive business matching at JUMPSTARTER 2023 Tech by The Harbour, underscored the innovative spirit driving connections and collaborations in unprecedented ways.
The StartmeupHK Festival 2023 has left a mark on the global startup landscape, especially in Hong Kong. Its influence resonates strongly, underscoring the city’s status as a vibrant hub where innovation flourishes, fostering an environment conducive to entrepreneurial pursuits.
This event played a pivotal role in showcasing ideas and nurturing and sustaining the spirit of innovation. Its momentum is poised to fuel sustained growth, fostering an environment where innovations continue to flourish.
Hong Kong aspires to become a prominent regional digital hub and is dedicated to nurturing both local talent and burgeoning startups. OpenGov Asia reported that the Bright Future Engineering Talent Hub (the Hub) at the City University of Hong Kong held the STEM Challenge and Summer Research Internship Presentation, drawing the participation of approximately 100 secondary students and representatives from educational institutions.
The Hub has been instrumental in organising diverse STEM activities, encompassing a Summer Research Internship, a STEM Carnival, a Student Project Exhibition and the STEM Challenge. These initiatives collectively aim to nurture young talent for the ever-evolving engineering industry and propagate STEM education. Over the past two years, the Hub has successfully engaged more than 1,600 secondary students in these activities. Various distinguished personalities were in attendance.
The fusion of telecommunications and IT, coupled with the rapid advancement of digital technology, is erasing the traditional demarcation lines between these sectors. This shift not only blurs boundaries but also brings forth a fresh set of demands necessitating a rethinking of institutional frameworks.
The approval of the amended Law on Telecommunications by the National Assembly, with an overwhelming 468 out of 472 yes votes, marks a pivotal juncture in Vietnam’s legislative journey. This comprehensive law spans 10 chapters and 73 articles, aligning itself with international standards while staying attuned to the evolving trends within the Vietnamese telecommunications sphere, as highlighted by the Authority of Telecommunications (AOT).
One of the law’s notable facets is the introduction of novel regulations governing the management of data centres, cloud computing, and fundamental internet-based telecommunications services. This move synchronises with the developmental trajectory of the telecommunications sector, particularly in response to the fusion of telecommunications with information technology.
The transformative surge in digital technology and its consequential impact on telecommunications infrastructure has redefined the paradigm. What was once conventional telecommunications infrastructure now assumes the mantle of a digital infrastructure underpinning the burgeoning digital economy.
This digital infrastructure encompasses an array of pivotal components, including broadband and universal telecommunication infrastructure, IoT networks, data centres, cloud computing facilities, and digital service and platform infrastructures. Recognising its pivotal role, stakeholders emphasise the multifaceted importance of digital infrastructure, delineating it as universal, sustainable, environmentally conscious, intelligent, and secure.
The trajectory of digital transformation has significantly elevated the stature of data as the most prized asset within the digital economy, rendering data centre infrastructure and cloud computing as indispensable pillars. As a result, stringent regulations and sustainable development policies become imperative to sustain and foster these critical components of digital infrastructure.
The advent of internet-enabled telecommunications services has unveiled new complexities in regulatory oversight. The traditional nexus between telecommunication network infrastructure and service provision has undergone a paradigm shift. Consequently, managing telecommunications services on the Internet and regulating cross-border services have emerged as pressing concerns.
Vietnam’s proactive engagement in next-generation free trade agreements since 2010 has spurred heightened commitments beyond the purview of the World Trade Organization (WTO). This evolution in global trade dynamics necessitates a commensurate evolution in domestic legislative frameworks. Consequently, revisiting and refining the Law on Telecommunications becomes imperative to ensure alignment with contemporary laws and regulations.
The impending enactment of this law is poised to serve as a foundational cornerstone, enabling Vietnam to actualise its ambitions of telecommunications development and fortification of its global standing in the telecommunications realm. This legislative stride not only solidifies Vietnam’s technological footprint but also aligns its regulatory landscape with the exigencies of a rapidly evolving digital era.
Vietnam has been robustly pushing its digital infrastructure agenda and has been putting in place strategies and policies to support this thrust. OpenGov Asia reported that the Ministry of Information and Communications is preparing to launch a strategic plan for international fibre-optic cable development, eyeing robust digital infrastructure growth and emphasising the country’s thriving internet economy. The Ministry is currently designing a strategy for Vietnam’s international fibre-optic cable development that will soon be released.
This initiative aims to guarantee the secure and sustainable advancement of Vietnam’s digital infrastructure, according to Pham Duc Long, the Deputy Minister of MIC. He pointed out that the existing lack of infrastructure presents an opportunity for Vietnam, as there is considerable room to develop it in new innovative and effective ways.
Singapore’s Institute of Technical Education (ITE) has emerged as a trailblazer with its innovative Work-Study Diplomas (WSDips) initiative. Launched five years ago, the programme has evolved into a crucial pathway for ITE graduates seeking to elevate their qualifications. According to Dr Mohamad Maliki Bin Osman, the Second Minister for Education, the success of WSDips lies in its ‘learning by doing’ approach, aligning seamlessly with ITE’s practice-based curriculum.
Since its inception with 100 trainees across four courses in 2018, the WSDips initiative has witnessed exponential growth. With over 1,000 trainees now enrolled in 40 courses, the programme has become a testament to its effectiveness. Graduates not only experience salary growth but also boast high employability, with more than 70% choosing to stay in their respective companies post-graduation.
ITE is set to expand its successful WSDips initiative by introducing five new courses in 2024. This move reflects ITE’s commitment to staying ahead of the curve in addressing the diverse needs of both individuals and industries.
The new additions, ranging from Accountancy and Artificial Intelligence (AI) to Nursing and Tourism Management, showcase ITE’s dedication to providing upskilling opportunities tailored to the evolving demands of the workforce.
The WSDip in Accountancy aims to sharpen expertise in in-house accounting functions, addressing the intricate financial management needs of businesses. Recognising the pivotal role of technology, the WSDip in AI and Data Intelligence is designed to support businesses in executing robust digital strategies by nurturing talent well-versed in AI and data intelligence.
The WSDip in Electronics and Computer Engineering responds to the increasing importance of optimised operational efficiency in digital work environments. This course focuses on cutting-edge electronics and computer engineering, producing skilled professionals ready to tackle the challenges of an increasingly tech-centric world.
In the healthcare sector, the WSDip in Nursing offers an apprenticeship-based progression pathway, addressing the growing demand for healthcare professionals. This programme provides a structured and hands-on learning approach, ensuring that graduates are well-prepared for the dynamic field of nursing.
The WSDip in Tourism Management recognises the significance of the evolving tourism industry. Going beyond traditional approaches, this diploma encompasses a spectrum of skills, from customer behaviour analytics to sustainable tourism practices, preparing trainees to navigate this transformative industry.
The expansion of the WSDips portfolio underscores ITE’s dedication to offering specialised courses that address the contemporary workforce’s needs. By providing upskilling opportunities in crucial areas, ITE ensures its graduates are not only job-ready but also positioned to thrive in their chosen fields.
The integration of digitalisation courses into study diplomas has become a strategic imperative. This move is not merely a reaction to industry trends; rather, it represents a proactive measure to bridge the gap between traditional education and the rapidly evolving technological landscape.
Study diplomas tailored to include digitalisation courses offer myriad benefits, from heightened employability to cultivating a workforce prepared for the challenges of the digital age. Graduates possessing digital literacy are not only better positioned for a wide array of careers but are also empowered to contribute to innovation and entrepreneurship.
Moreover, these programmes play a pivotal role in addressing the global competitiveness of individuals and industries, ensuring that professionals have the necessary skills to navigate a digitally interconnected world.
As educational institutions adapt to include digitalisation courses, Singapore paves the way for a future workforce that is not only adaptive to industry-specific requirements but also capable of driving technological advancements in various fields.