Looks like Singapore is rolling out the red carpet for the entertainment industry. To promote Singapore as a travel destination, the Singapore Tourism Board (STB) and Infocomm Media Development Authority (IMDA) have announced a new joint fund of $7.5 million ($10 million Singapore dollars) to support international film and TV projects that showcase the city-state, as per The Hollywood Reporter.
Singapore's Infocomm Media Development Authority (IMDA) is launching a S$5 million ($3.7 million) fund to assist local companies in developing virtual production capabilities.