It is estimated that the value of global intangible assets (IA) held by firms worldwide reached an all-time high of around US$74 trillion in 2021. This represented an increase in value.
A review of the most significant recent legal developments and trends affecting intellectual property owners in Singapore, along with future prospects.
The Road Ahead - Singapore s Intellectual Property Strategy 2030 | Dentons jdsupra.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jdsupra.com Daily Mail and Mail on Sunday newspapers.
The New Paper
TNP ILLUSTRATION: CHNG CHOON HIONG
The main points in Singapore s recovery plan from the Covid-19 crisis
1 BOOSTING COVID-19 DEFENCES
An $11 billion Covid-19 Resilience Package will focus on immediate and ongoing recovery efforts to tackle the pandemic.
Of this sum, $4.8 billion goes towards public health and safe reopening measures, including testing, clinical management and contact tracing, and vaccination for everyone living in Singapore.
Another $700 million goes to extending the Jobs Support Scheme to help firms retain workers, but support will gradually taper off. The hardest-hit sectors, such as aviation and tourism that now get 50 per cent wage support, will see this lowered to 30 per cent for April to June, and 10 per cent for July to September. Sectors like food services and retail, currently getting 30 per cent support, will see this reduced to 10 per cent for April to June.