Singapore to create 10,000 high-tech jobs

Singapore To Create 10,000 High-tech Jobs

The Singapore government on June 26 said it has plans to create up to 10,000 jobs in the technology sector over three years including in engineering, software development and finance in an initiative to establish the city-state as a global hub for the digital industry.

The plan will be spearheaded by a new government office called Digital Industry Singapore (DISG), according to Minister for Communications and Information S Iswaran, who noted that the DISG would consolidate efforts by various existing public bodies to encourage investment from foreign tech firms, support local business and work with the industry to shape future policy.

The new office brings together 45 existing officers from the Economic Development Board, Enterprise Singapore and the Info-communications Media Development Authority (IMDA), according to statement by DISG.

Armed with lucrative grants and incentives, the island nation has in recent years been focusing on tech firms, investors and top talent – a sector that could help combat some of the slowest growth rates the city-state has seen in a decade.

“DISG will seek to achieve our mission to establish Singapore as a global-Asia technology hub,” said Kiren Kumar, DISG’s chief digital industry officer.

DISG will also assist companies in areas such as ride-hailing, e-commerce, fintech, cybersecurity and artificial intelligence. For example, DISG is supporting the establishment of the new headquarters of ride-hailing company Grab in Singapore, which will house up to 3,000 employees and its largest research and development center. 

Meanwhile, Singapore is also mooting the idea of “Digital Economy Agreements,” which are meant as a new form of agreement which anchors cooperation among like-minded countries on the digital economy.

They would put in place clear and harmonised rules for greater interoperability between digital frameworks and to guard against digital and data barriers. Furthermore, they will establish international rules and benchmarks to address new areas such as artificial intelligence and digital identities.

For instance, Singapore, Chile and New Zealand have initiated trilateral talks on a Digital Economy Partnership Agreement, while there are also talks with Australia to deepen cooperation for the digital economy.

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The Singapore government on June 26 said it has plans to create up to 10,000 jobs in the technology sector over three years including in engineering, software development and finance in an initiative to establish the city-state as a global hub for the digital industry. The plan will be spearheaded by a new government office called Digital Industry Singapore (DISG), according to Minister for Communications and Information S Iswaran, who noted that the DISG would consolidate efforts by various existing public bodies to encourage investment from foreign tech firms, support local business and work with the industry to shape future...

Singapore To Create 10,000 High-tech Jobs

The Singapore government on June 26 said it has plans to create up to 10,000 jobs in the technology sector over three years including in engineering, software development and finance in an initiative to establish the city-state as a global hub for the digital industry.

The plan will be spearheaded by a new government office called Digital Industry Singapore (DISG), according to Minister for Communications and Information S Iswaran, who noted that the DISG would consolidate efforts by various existing public bodies to encourage investment from foreign tech firms, support local business and work with the industry to shape future policy.

The new office brings together 45 existing officers from the Economic Development Board, Enterprise Singapore and the Info-communications Media Development Authority (IMDA), according to statement by DISG.

Armed with lucrative grants and incentives, the island nation has in recent years been focusing on tech firms, investors and top talent – a sector that could help combat some of the slowest growth rates the city-state has seen in a decade.

“DISG will seek to achieve our mission to establish Singapore as a global-Asia technology hub,” said Kiren Kumar, DISG’s chief digital industry officer.

DISG will also assist companies in areas such as ride-hailing, e-commerce, fintech, cybersecurity and artificial intelligence. For example, DISG is supporting the establishment of the new headquarters of ride-hailing company Grab in Singapore, which will house up to 3,000 employees and its largest research and development center. 

Meanwhile, Singapore is also mooting the idea of “Digital Economy Agreements,” which are meant as a new form of agreement which anchors cooperation among like-minded countries on the digital economy.

They would put in place clear and harmonised rules for greater interoperability between digital frameworks and to guard against digital and data barriers. Furthermore, they will establish international rules and benchmarks to address new areas such as artificial intelligence and digital identities.

For instance, Singapore, Chile and New Zealand have initiated trilateral talks on a Digital Economy Partnership Agreement, while there are also talks with Australia to deepen cooperation for the digital economy.

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