As we move into the final quarter for 2018, we have seen increased focus from various government bodies and media up-playing Singapore as an integral place for Innovation & Technology.
Straits Times Article – Singapore needs foreign tech talent: Ong Ye Kung – 21 September 2018
Straits Times Article – Singapore ranked second-best Asian city for tech firms: Report – 20 September 2018
In another insightful article, EDB highlights Singapore as the center for Artificial Intelligence and other R&D innovations. According to the Global Innovation Index, Singapore was ranked #1 in Asia and #7 globally among the world’s most innovative countries of 2017.
Both global corporate giants and local start-ups thrive in Singapore where R&D is concerned (particularly in technology and biomedical science).
“An inviting business climate and a talented workforce are attracting technology companies to Singapore”.
In another quote,
“The nation will maintain little restriction on foreign labour for high-end jobs such as in artificial intelligence, while keeping a quota system for lower-skilled industries including construction”