Economic Affairs: Building a bigger digital red dot

ST associate editor Vikram Khanna (left) speaking with Infocomm Media Development Authority chief executive Lew Chuen Hong last week. Mr Lew says embracing digital will be the key to Singapore’s next wave of growth. ST PHOTO: NG SOR LUAN

Amid the economic wreckage caused by Covid-19, one of the bright spots for Singapore has been the information and communications sector, which grew by 4.8 per cent last year even as the overall economy contracted by 5.4 per cent.

Similar trends occurred in other countries. This was partly down to the acceleration of digital adoption amid the rise of remote work and online commerce.

Please or to continue reading the full article.

Get unlimited access to all stories at $0.99/month

  • Latest headlines and exclusive stories
  • In-depth analyses and award-winning multimedia content
  • Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months*

*Terms and conditions apply.