Singapore to super-charge innovation


Focus on innovation: The Merlion Park in Singapore. The government will set aside more than S$20bil (US$14.3bil) to support research in ‘high impact areas’ such as health and biomedical sciences, climate change and artificial intelligence, Deputy Prime Minister Heng Swee Keat said in a televised speech on Saturday. — Reuters

SINGAPORE: Singapore is positioning itself for a post-Covid world with massive investment in innovation, over and above the immediate support it’s giving to help the economy rebound from possibly its worst downturn on record.

The government will set aside more than S$20bil (US$14.3bil) to support research in “high impact areas” such as health and biomedical sciences, climate change and artificial intelligence, Deputy Prime Minister Heng Swee Keat said in a televised speech Saturday.

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