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In his recent working paper titled “Electronic Toll Collection (ETC) Deployment on Highways: Global Patterns, Estimated Gains from the Case of Vietnam, and Policy Discussion,” Associate Professor Vu Minh Khuong explores the shift towards ETC systems on highways, examining global patterns and the specific case of Vietnam. The study highlights the significant benefits of ETC,...
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Singapore’s Digital Economy is significant and has experienced strong growth in recent years. It contributed an estimated S$106 billion or 17.3% of Singapore’s gross domestic product (GDP) in 2022, up from S$58 billion or 13% of GDP in 2017. These are among several key findings published in the inaugural Singapore Digital Economy (SGDE) Report, developed...
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In a rapidly evolving digital landscape, the resilience and security of critical information infrastructure (CII) are paramount to ensure the continuous delivery of essential services. Recognising this imperative, Singapore’s Ministry of Communications and Information (MCI) has taken a proactive step by announcing the formation of an inter-agency Taskforce on the Resilience and Security of Digital Infrastructure and...
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In a world increasingly shaped by technology, Singapore is taking proactive steps to ensure its workforce remains at the forefront of innovation. At the heart of this endeavour lies the Infocomm Media Development Authority (IMDA), which has embarked on a comprehensive initiative to expand and elevate the nation’s pool of tech talent, with a particular emphasis...
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The integration of advanced technologies like 5G into healthcare systems has the potential to revolutionise patient treatment and teaching capabilities, according to Malaysia’s Communications Minister Fahmi Fadzil. His recent visit to the Norwegian Radium Hospital, where a dedicated 5G indoor solution was showcased, highlighted the possibilities for innovation in patient care and healthcare solutions. Image credits: Bernama...
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The Ministry of Public Security is spearheading a groundbreaking initiative with the introduction of a draft proposal for Vietnam’s Data Law. This pivotal legislation addresses the pressing need for a centralised national data centre, marking a significant stride towards cohesive data management infrastructure. Currently, several ministries grapple with inadequate infrastructure to support vital information technology systems....
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In a landmark move to solidify Singapore’s position as a global leader in Artificial Intelligence (AI) innovation, the Ministry of Communications and Information (MCI) has announced an ambitious suite of initiatives designed to drive economic growth through AI-driven advancements. Revealed during the Committee of Supply (COS) Debates 2024, these initiatives mark a strategic commitment towards harnessing...
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The European Commission is establishing a new European Industrial Alliance aiming to accelerate the development, demonstration and deployment of Small Modular Reactors (SMRs) in Europe by the early 2030s. Following up on this week’s Communication ‘Securing our future: Europe’s 2040 climate target and path to climate neutrality by 2050 building a sustainable, just, and prosperous society‘, which underlined that...
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FOR decades, countries worldwide – and particularly in Asia – have experienced huge rewards from globalisation. Trade has boosted economies and livelihoods, helping to pull millions out of poverty. However, that trajectory may be at risk. The 2023 Hinrich-IMD Sustainable Trade Index noted signs of what it described as “slowbalisation”, linked to heightened geopolitical tensions,...
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A recent report by the Global Energy Monitor (GEM), titled “Race To The Top SE Asia 2024,” reveals that Southeast Asia is rapidly becoming a frontrunner in the global pursuit of clean energy. The region is poised to achieve its ambitious renewable energy goals, fueled by a significant surge in the deployment of solar and...
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