SINGAPORE, Aug 1 – Communications Minister Fahmi Fadzil expressed confidence that the new regulatory framework for a safe internet will not discourage investments in the country.
He said that, on the contrary, investors will be more encouraged by the new regulations, which are set to be implemented next year, as they provide a much clearer regulatory framework.
“We believe that if anything, this might spur further investments because the regulatory landscape becomes much clearer when these boundaries are there.
“I believe that if we’re able to do this, perhaps this is something that can be studied by other countries, other jurisdictions,” he told Bernama and Nikkei Asia in an interview at the end of his three-day working visit in Singapore on Tuesday.
Explaining the government’s decision to introduce licensing, Fahmi said it stemmed from the need to curb scams, child sexual abuse material and cyberbullying on these platforms, especially after the suicide of social media influencer A. Rajeswary, also known as Esha, which sparked public outcry.
