Out of the S$16.1 billion the government has budgeted to spend on research and development from 2011 to 2015, 70 percent will be for projects aimed at achieving economic success, rising from 65 percent in the past five years, Lim said in a speech in the city-state yesterday. The budget for the period starting 2011 is 20 percent more than the previous level, he said. Full story
Singapore Plans $1 Billion Fund for Research, Focuses on Economic Returns
Bloomberg, 30 Sep 2010
Singapore will strengthen its research and development focus on money-making outcomes and set up a S$1.35 billion ($1 billion) fund to promote closer ties with the science and technology industries, Minister for Trade and Industry Lim Hng Kiang said.
Out of the S$16.1 billion the government has budgeted to spend on research and development from 2011 to 2015, 70 percent will be for projects aimed at achieving economic success, rising from 65 percent in the past five years, Lim said in a speech in the city-state yesterday. The budget for the period starting 2011 is 20 percent more than the previous level, he said. Full story
Out of the S$16.1 billion the government has budgeted to spend on research and development from 2011 to 2015, 70 percent will be for projects aimed at achieving economic success, rising from 65 percent in the past five years, Lim said in a speech in the city-state yesterday. The budget for the period starting 2011 is 20 percent more than the previous level, he said. Full story
