Singapore focussing majorly on research and development

Livemint.com, 24 Dec 2008

Singapore: Singapore spent $9.14 billion on research and development last year, putting the republic closer to establishing itself as an R&D powerhouse.

The republic’s overall expenditure on R&D last year increased by 26.5% from the 2006 level of $7.3 billion, announced the Agency for Science, Technology and Research (A*STAR) that conducts the annual national survey of R&D in Singapore.

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