Singaporean Prime Minister Lee Hsien Loong (Photo: AFP/VNA)
Singapore (VNA)🍸 – The Singaporean Government plans to spend 19 billion SGD (about 13.2 billion USD) on supporting research and development efforts from now to 2020.
The city state’s Prime Minister Lee Hsien Loong unveiled the Research, Innovation and Enterprise 2020 Plan on January 8, saying that it is important to secure Singapore’s future by helping workers to thrive amidst technological changes, improving health care and transforming the urban landscape.
The plan will focus on four core technological domains: advanced manufacturing and engineering, health and biomedical sciences, services and digital economy, and urban solutions and sustainability.
The health and biomedical sciences sector gets the largest share with 4 billion SGD, or 21 percent of the overall amount. It is followed by advanced manufacturing and engineering at 3.3 billion SGD, urban solutions and sustainability at 900 million SGD, and services and digital economy at 400 million SGD.
Funding will also be given to programmes that cut across all sectors, including academic research, manpower, innovation and enterprise, totalling 8 billion SGD (5.57 billion USD).
There will also be 2.5 billion SGD (1.74 billion USD) set aside for “white space” research, compared to 1.6 billion SGD used between 2011 and 2015. It is dedicated to new or emerging areas of research that may arise in the next five years.
PM Lee said the 19 billion SGD is higher than the UK’s funding and equal to the US’s, noting that he wants the private sector to spend more on research and innovation.
According to Singapore’s National Research Foundation, 7.6 billion SGD was spent on research and development in the country in 2013, including 4.5 billion SGD (about 1.2 percent of GDP) from the private sector.-VNA
Singapore will focus on three sectors – jobs, resources and technology – to boost the economy’s competitiveness and generate opportunities and jobs for its people.
Singapore’s economic growth in 2016 will be modest, fluctuating between 1 and 3 percent, according to the country’s Ministry of Trade and Industry (MTI).
The Monetary Authority of Singapore (MAS) has announced the issue of 4 billion SGD (2.85 billion USD) worth of savings bonds in 2016 on a monthly basis.
The Singaporean government has been working hard to draw up policies and introduce measures to help its businesses to tap opportunities offered by AEC, expected to be formed on December 31.
In his article, Oscar Sanchez Serra highlighted President Ho Chi Minh’s founding of the Thanh Nien (Young People) newspaper on June 21, 1925, which marked the birth of Vietnam's revolutionary press rooted in a bold and far-sighted vision.
Several ASEAN meetings are scheduled to take place in Port Dickson this September, including the Senior Officials' Meeting (SOM) for ASEAN Plus Three (APT), the East Asia Summit (EAS), the 15th ASEAN Maritime Forum, and the 13th Expanded ASEAN Maritime Forum.
Thailand's Prime Minister Paetongtarn Shinawatra has ordered the urgent implementation of a national policy to crack down on all forms of call centre scams, online fraud, and illegal gambling, which are now considered threats to national security.
Coordinating Minister for Economic Affairs Airlangga Hartarto and EAEU Trade Minister Andrey Slepnev jointly declared the conclusion of FTA talks on the sidelines of the 28th St. Petersburg International Economic Forum (SPIEF 2025), according to the statement.
The article stressed that throughout his revolutionary career, the founder of modern Vietnam consistently regarded the revolutionary press as a vital part of the Vietnamese Party’s and nation’s revolutionary struggle.
Pichai said the trade talks with the US are important and need to move forward professionally, without regard for any political changes in Thailand, believing that Thailand has clear principles, guidelines and procedures in place.
The tax adjustment supports the Malaysian Government’s strategy to reduce reliance on foreign food supply chains and to assist domestic farmers, a finance official has said.
The proposed venue is located in the Chatuchak area of Bangkok, featuring eight public sites, including Krungthep Aphiwat Central Terminal and several nearby parks.
Connectivity is expected to improve further with the completion of the fifth Laos–Thailand Friendship Bridge by the end of 2025, facilitating logistics and agricultural exports to Vietnam, Thailand, and China.
Two naval gunboats intercepted a fishing vessel carrying 1.5 tonnes of methamphetamine hydrochloride off the coast of the main island of Luzon just before dawn, in a joint operation with the Philippine Drug Enforcement Agency.
In the today context of socio-economic development and growth, the professionalism of Vietnam’s revolutionary journalists continues to rise, guided by exemplary mastery of new information technologies and the modernisation of their founding principles to preserve the enduring values of revolutionary journalism.
Thai Permanent Secretary of the Ministry of Commerce Vuttikrai Leewiraphan Thailand's formal proposal will be substantial enough for the US to consider further detailed negotiations. He hoped for a tariff rate not exceeding 10% and suggested that the US might extend the negotiation period if an agreement is not reached by the July 8 deadline.
Organised by the Ministry of Culture and the Association of Thai Silk & Culture Promotions, the event honors Her Majesty the Queen on her 47th birthday anniversary and promotes Thai craftsmanship on an international stage.
Prensa Latina's recent article on Vietnam’s assurance of smooth and effective transition to a leaner structure highlighted Prime Minister Pham Minh Chinh’s latest directions on implementing 28 resolutions regarding the decentralisation and delegation of authority.
The lab focuses on four key thematic areas: energy transition and green innovation, sustainable agriculture, circular economy and sustainable cities, and nature-based solutions and biodiversity.
The key content of the document titled "Accelerating Innovative Strategies: Addressing the OOSCY Challenges" will be refined further in a seminar preceding the 47th ASEAN Summit in Kuala Lumpur this October.
This follows Telegram’s serious failure to address the content that has been repeatedly reported to them, despite various efforts of negotiation and cooperation made by MCMC, it said.
Singaporean Prime Minister Lee Hsien Loong (Photo: AFP/VNA)
