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
New: Gift this subscriber-only story to your friends and family

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.

Already a subscriber? 

Read the full story and more at $9.90/month

Get exclusive reports and insights with more than 500 subscriber-only articles every month

Unlock these benefits

  • All subscriber-only content on ST app and

  • Easy access any time via ST app on 1 mobile device

  • E-paper with 2-week archive so you won't miss out on content that matters to you

Join ST's Telegram channel and get the latest breaking news delivered to you.