Almost 200 Chinese and non-Chinese organizations have banded together under the auspices of the Electronic Information Division of the Ministry of Industry and Information Technology to form the Industry of Virtual Reality Alliance (IVRA.com), billed as 'The only official, government-endorsed VR organization in China.'

Read more: China aims for VR leadership with new VR industry alliance

Singapore has joined Japan and the UK in sponsoring the CyberGreen Institute, an organization dedicated to making transparent the '˜health' of the world's Internet network providers. And two security companies, Palo Alto Networks, have ramped up their presence in Singapore.

Read more: Singapore joins CyberGreen initiative to boost ISPs' security

The Singapore Government has launched the Government Technology Agency (GovTech) to spearhead its digital and data strategy, saying it will partner public agencies, industry and citizens to transform public service delivery through the use of technologies such as data science and analytics, artificial intelligence and machine learning.

Read more: New Singapore Government agency to oversee digital strategy

IT security company, Cylance, which claims to be revolutionizing cyber security through the use of artificial intelligence to proactively prevent advanced persistent threats and malware, has expanded its international operations with the opening of an office in Singapore, and the appointment of three security industry veterans.

Read more: Cyber security specialist Cylance sets up in Singapore

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