HONG KONG — Singapore and the Philippines Tuesday signed a memorandum of understanding intended to spur greater collaboration between the two countries’ media industries.
Made public at the Asia Media Festival in Singapore, the memo was inked by Dr. Tan Chin Nam, the permanent secretary at the Ministry of Information, Communications and the Arts who is also chairman of Singapore’s Media Development Authority, and Ignacio R. Bunye, spokesman for the Philippines presidential office.
Singapore is promoting itself as a media hub and has recently struck co-production treaties and agreements with China, Australia, Italy and South Korea. Memorandums of understanding have been signed with Brunei, Indonesia and Thailand.
“The world is witnessing an unprecedented interest in Asian culture and media content,” Dr. Tan said. “There is great potential and promise to leverage our collective culture capital for the regional and global markets.”