$160m boost for Singapore's media sector
March 16, 2009
The Media Development Authority (MDA) has confirmed that the Government aims to spend $160 million this year to sustain the growth momentum of Singapore's media sector amidst the economic downturn. This spending, which includes funding from the National Research Foundation (NRF) to boost research and development in interactive digital media, as well as support for public service programmes, is projected to support about 2,000 jobs when the projects come on stream in the coming year.