Singapore Is Seeking Business With Startups to Spur Them
- Government to make open data platforms accessible to firms
- Reskilling people is key to preventing middle class erosion
Singapore Minister-in-charge of the Smart Nation Initiative Vivian Balakrishnan discusses the country's 'smart nation' push. He speaks with Haslinda Amin on 'Bloomberg Daybreak: Asia.' (Source: Bloomberg)
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Singapore’s government will support technology startups by doing business with them rather than having them rely on grants as the city-state pushes ahead with a plan to become a high-tech hub, a top minister said.
The government wants to fuel private-sector innovation, especially among small and medium-sized firms, in a bid to create a digitally integrated economy, Vivian Balakrishnan, the minister in charge of the country’s "Smart Nation" initiative, said in an interview in Singapore on Tuesday.