"The AIC is very concerned by the recent move by the government to introduce a licensing regime for online news sites. The Asia Internet Coalition strongly believes in the potential of Internet enabled communications to benefit society, the economy and citizens. We continue to believe that we are well aligned with Singapore in this regard and have welcomed Singapore’s aim to further establish itself as a cloud computing and data analytics hub in the region. However, this new regulation and the regulatory trend that this may be indicative of could unintentionally hamper Singapore’s ability to continue to drive innovation, develop key industries in the technology space and attract investment in this key sector. We also believe that the scope of the regulation and manner in which it was introduced have negatively impacted Singapore’s global image as an open and business friendly country. " The Asia Internet Coalition (AIC) is an industry association formed by eBay, Facebook, Google, Salesforce and Yahoo! Incorporated.
Posted on: Wed, 03 Jul 2013 06:22:58 +0000
Trending Topics
Recently Viewed Topics
© 2015