English.cri.cn, 12 Mar 2009, Xinhua
Singapore aims to spend 250 million Singapore dollars (about 162 million U.S. dollars) this year to boost the media sector amidst the economic downturn, the country's Media Development Authority (MDA) announced on Thursday.
The MDA said in a statement that the spending is projected to support about 2,000 jobs in the coming year, adding that it will focus on funding and developing high-value and exportable content and applications, with an emphasis on helping Singapore companies to leverage digital media and adopt an all-round approach to exploit original intellectual properties across multiple platforms and formats.
Read More
