Country's new 10-year IP roadmap puts emphasis on the role of innovation in driving its digital economy, with anticipated legal changes involving the use of big data and artificial intelligence technologies.
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Its first such site outside the US, the Singapore hub is the result of a three-year $50 million investment that kicked off in 2019 and focuses on R&D work in digital transformation technologies, including edge computing, cybersecurity, and data analytics.
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.
Led by real estate group CapitaLand and an investment of up to SG$10 million, the Smart Urban Co-Innovation Lab aims to support 200 companies in the country over the next three years and has so far roped in 30 industry players, including AWS, Microsoft, and Schneider Electric.
Asian nation ranks at the top of the IMD-SUTD Smart City Index for the second year, where its use of technology has been described as pivotal in its ability to combat the coronavirus pandemic.
Country's government is setting aside more than SG$500 million ($352.49 million) to facilitate local businesses in their digital transformation efforts. Specifically, the adoption of e-payments, e-invoicing, as well as advanced digital tools.
Visitors to parks, gardens, and nature reserves may now run into Boston Dynamics' four-legged Spot robot that has been tasked to broadcast reminders about the need to observe safe distancing.
Both countries ink multiple agreements to collaborate on artificial intelligence, digital identities, e-payments, and cross-border data flow, among others, as part of a bilateral digital economy agreement, of which negotiations have just wrapped up.
Scientists from Singapore, South Korea, and Japan will study differences in blood cells across five major Asian population groups, including Chinese, Indian, and Malay, with the aim to understand why some are more susceptible to certain diseases and develop new blood-based diagnostic tests.
Scheduled to be ready for occupancy by December 2023, the 548-unit condominium will offer residents access to virtual medical consultations through a kiosk equipped with a webcam and sensors that can capture temperature, heart rate, and blood pressure.