Media OutReach
IMDA Refreshes Skills Framework for Media and Continues to Support Virtual Production Capabilities and Training
– New company-led apprenticeship programme with media companies to expand job and training opportunities in the industry
– 28 Virtual Production projects supported, and 650 media professionals trained to date under the Virtual Production Innovation fund
SINGAPORE – Media OutReach Newswire – 4 December 2024 – The Infocomm Media Development Authority (IMDA) has worked closely with the media industry to introduce a refresh to the Skills Framework for Media, which will provide up-to-date sector information, job roles and existing and emerging skills for media practitioner, in new tech areas such as Virtual Production (VP) and Generative Artificial Intelligence (GenAI). To provide locals with more job and training opportunities in new tech areas, another new initiative is the company-led apprenticeship programme with media companies.
2. IMDA has been advancing VP applications in Singapore’s media industry since 2023. To date, there have been 28 VP content projects, and 650 media professionals trained in VP through these content projects and workshops, supported by the S$30 million VP Innovation Fund announced last year. These updates were made by Singapore’s Senior Minister of State for Digital Development and Information (MDDI) & Ministry of National Development (MND), Mr Tan Kiat How at the opening of the Asia TV Forum and Market (ATF) today, an event of the Singapore Media Festival (SMF). Hosted by IMDA, the SMF celebrates its 11th edition with the theme “Make It Here“, inspiring the region’s media community to create, connect, and realise their visions.
Refreshed Guide for the Future of Media Careers
3. As Singapore’s media market expands, employment opportunities are also on the rise. There were 24,960 media professionals employed across the economy in 2023, reflecting a compound annual growth rate of 7% since 2018[1]. The refreshed Skills Framework for Media provides a comprehensive roadmap for these media professionals, charting the future of media careers and talent development. This framework was developed by IMDA in partnership with SkillsFuture Singapore (SSG), industry associations like the Singapore Association of Motion Picture Professionals, Institutions of Higher Learning (IHLs), after extensive consultation with around 150 media representatives across industry, training providers, IHLs and freelancers. This ensures the framework meets the needs of a dynamic media landscape.
4. The refreshed Skills Framework identifies 195 job roles across 9 tracks, with 230 technical skills and competencies in existing and emerging skills in Media like VP, GenAI, content production, production technical services, and more. Media practitioners can use the Skills Framework to upskill and remain relevant in today’s media landscape, while employers and training providers can tap on it to structure learning and training opportunities. The framework was first launched in 2018 jointly by IMDA, SSG, Workforce Singapore (WSG) and in consultation with Singapore’s media industry.
5. IMDA will also offer more company-led on-the-job training opportunities through apprenticeships with media companies in line with the new skills added into the refreshed framework including VP. This is a new initiative and, as a start, IMDA will partner seven media companies to offer over 70 apprenticeship opportunities across content production, business management and technical roles that will further deepen practical skills development and ensuring talent is industry ready.
6. In his opening speech, SMS Tan Kiat How said, “The Asia TV Forum and Market and the Singapore Media Festival are platforms for networking and collaborations. As Asia’s entertainment content industry grows, Singapore will be your partner to tell our stories to the world, and for the world to find discover the talents and gems in Asia. Today, we are taking an important step to do so by investing in the future of media – our media professionals so that they are equipped with the right skills, technology, and platforms to excel in this dynamic industry.”
New Virtual Production Projects and Talent Supported
7. The use of VP in Singapore’s media industry continues to progress with the launch of three full-scale VP studios that can support international projects developed with VP technology. These are Aux Infinite Studios, Oceanus Media Global and X3D Studio and they are also providing VP training. Next year, media professionals can look forward to specialised training opportunities for job roles such as VP supervisors from local and overseas VP experts.
8. There have also been 28 VP content projects which leveraged VP technology to open creative possibilities and overcome physical limitations. For example, film director Ian Wee from Reelisations Pte Ltd tapped on VP in his latest content project “Time Apart”, to execute challenging time lapse sequences across different time periods. Ian was a participant of the National Film and Television School (NFTS) Certificate in Virtual Production course in April 2023. Another example, Glenn Chan from Sonder Films used 3D scanning technology to develop and integrate 3D CGI characters into virtual environments for his short-form VP project “The Old World”. Glenn was a participant of the Aux-XON SG x Korea VP Masterclass conducted earlier this year.
9. For more details on the Singapore Media Festival and the Asia TV Forum and Market please visit www.imda.gov.sg/smf. To read the latest Skills Framework for Media, visit https://www.imda.gov.sg/how-we-can-help/media-manpower-plan/skills-framework-for-media-sfw-for-media.
Hashtag: #SGMediaFest
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The issuer is solely responsible for the content of this announcement.
About the Singapore Media Festival
The Singapore Media Festival, hosted by the Infocomm Media Development Authority (IMDA), proudly returns for its 11th edition as one of Asia’s premier international media industry platforms. From 28 November to 8 December 2024, Singapore will be the focal point for Asia’s media community, showcasing diverse media innovations, forging industry deals, and presenting Singapore’s world-class content. This year’s festival, themed “Make It Here,” aims to inspire the region’s media talent to create, connect, and realise their visions. The event will bring together media professionals, industry leaders, creators, and consumers through the Singapore International Film Festival (SGIFF), Asia TV Forum & Market (ATF), Singapore Comic Con (SGCC), and Nas Summit Asia (NAS).
For more information, please visit: www.imda.gov.sg/smf.
About Asia TV Forum & Market (ATF) 2024
3 December 2024: The ATF Leaders Dialogue
4 – 6 December 2024: Market & Conference
Into its 25th edition, Asia TV Forum & Market (ATF) – the region’s co-production & entertainment content market and conference – is the proven industry platform to acquire knowledge, network, buy, sell, finance, distribute and co-produce across all platforms. It is the premier stage in Asia to engage with the entertainment industry’s top players from around the world. It’s where the best minds meet, and the future of Asia’s content is shaped.
For more information, please visit www.asiatvforum.com
About Infocomm Media Development Authority
The Infocomm Media Development Authority (IMDA) leads Singapore’s digital transformation by developing a vibrant digital economy and an inclusive digital society. As Architects of Singapore’s Digital Future, we foster growth in Infocomm Technology and Media sectors in concert with progressive regulations, harnessing frontier technologies, and developing local talent and digital infrastructure ecosystems to establish Singapore as a digital metropolis.
For more news and information, visit www.imda.gov.sg or follow IMDA on LinkedIn (IMDAsg) and Instagram (@imdasg).
Media OutReach
UU Wallet Secures U.S. MSB License, Embarking on a New Chapter of Global Compliance with Security at Its Core
Security and Compliance: Driving Global Strategy
The U.S. MSB license, issued by the Financial Crimes Enforcement Network (FinCEN) under the Department of the Treasury, is a critical entry requirement for international financial institutions to provide monetary services. Passing the license audit indicates that UU Wallet has met stringent U.S. regulatory standards in areas such as anti-money laundering (AML), risk control systems, and user asset protection.
Since its establishment in 2023, UU Wallet has rapidly grown into a Web3 payment ecosystem covering over 160 countries and regions, thanks to its technological innovation and commitment to security. With a team of over 100 professionals, UU Wallet focuses on four core businesses: digital currency and fiat exchange, prepaid cards, enterprise wallet services, and Web3 wealth management. Its daily transaction volume has surpassed $20 million.
Four Core Features Redefining Secure Payment Experiences
Instant Fiat Exchange, Secure and Frictionless
UU Wallet supports instant conversions between mainstream fiat currencies such as the Philippine Peso (PHP), South Korean Won (KRW), Japanese Yen (JPY), US Dollar (USD), Hong Kong Dollar (HKD), and Malaysian Ringgit (MYR), and digital currencies. Utilizing intelligent routing and multi-signature cold wallet technology, users can complete cross-border fund transfers within 5 seconds, with end-to-end data encryption and a zero-risk incident record.
Global Prepaid Cards: USDT Real-Time Circulation, Balancing KYC Efficiency and Security
Users can instantly recharge prepaid cards with USDT, which are accepted in over 160 countries and regions for both online and offline purchases. The platform supports both virtual and physical cards, as well as B2B client integration. UU Wallet’s unique “tiered KYC” mechanism allows basic consumption scenarios to complete identity verification in just 3 minutes, while larger transactions are secured through dynamic facial recognition and blockchain address tracking, striking a balance between convenience and security.
Enterprise Wallet Services: Comprehensive Fund Protection
For Web3 enterprises, UU Wallet offers payment and fund management solutions covering 50+ public chains and 10,000+ tokens. Through secure multi-party computation (MPC) technology, real-time risk warning systems, and monthly third-party audits, UU Wallet ensures transparent and traceable fund flows, mitigating risks of operational errors and hacker attacks.
Web3 Asset Wealth Management: Balancing Returns and Risk Control
The platform provides a variety of value-added services, including flexible staking, structured products, and compliant stablecoin wealth management. All products are executed automatically via smart contracts, with code security verified by top-tier auditing firms. Historical annualized returns range from 3% to 15%, ensuring users’ assets grow steadily and securely.
“Security is the lifeline of financial services,” said a UU Wallet spokesperson. “With the MSB license, we will accelerate collaboration with global regulators and traditional financial institutions, driving deeper integration of Web3 payments with mainstream economic systems.”
Hashtag: #UUWallet
The issuer is solely responsible for the content of this announcement.
About UU Wallet
UU Wallet is a security-focused Web3 payment infrastructure provider dedicated to lowering the barriers to digital asset usage through technological innovation. The company has obtained financial licenses in the United States and the Philippines, serving over 500,000 individual users and 2,000 enterprises with a zero-security-incident record.
Media OutReach
KVB Wins the Most Popular Broker 2024 Award – Rising Above 300+ Brokers
About Followme
Followme is an open community trading platform where traders and investors worldwide share experiences, exchange ideas, and publish trading strategies in real-time. Their real accounts have been connected to more than 4,300 brokers worldwide via Followme. Users who join as followers can get help from the information posted to enhance their advantages in trading. To date, more than 900,000 users worldwide have joined Followme.
A Commitment to Excellence
KVB’s achievement is a testament to its unwavering commitment to providing traders with an unparalleled trading experience. The company stands out for its dedicated customer support, ensuring that clients receive timely assistance and expert guidance whenever needed.
In addition, KVB offers a versatile platform for traders of all levels. Whether using Actstrade, its advanced desktop platform, or the KVB App for mobile trading, clients benefit from powerful tools, intuitive interfaces, and real-time market insights. KVB also offers some of the lowest spreads in the industry, creating optimal trading conditions for both new and experienced traders. Combining low-cost trading with a feature-rich platform and exceptional customer service, KVB remains a top choice for traders worldwide.
2025 and Beyond
Looking ahead to 2025, KVB is set to expand its reach into new markets, bringing its top-tier trading services to a broader global audience. With a strong commitment to continuous improvement, the company is also focused on enhancing its systems, ensuring a more seamless, efficient, and secure experience for traders.
In addition, KVB plans to launch exciting new promotions, providing traders with greater value and incentives while enhancing its customer service program with faster response times and more personalized support. With these initiatives, KVB aims to deliver an even better trading experience and strengthen its global presence in 2025.
For more information, please visit www.kvbplus.com.
Hashtag: #KVB
The issuer is solely responsible for the content of this announcement.
Media OutReach
High Marks for Hong Kong’s University Degree Courses

The 2025 QS World University Rankings by Subject rated six local degree courses among the world’s top 10, up from three last year, while 68% of 231 programmes from nine Hong Kong institutions rose in the rankings.
In the field of data science and artificial intelligence (AI), five Hong Kong universities are ranked among the world’s top 50, the highest number in Asia and second-highest globally.
This demonstrates the city’s immense potential and competitiveness in technological innovation, providing crucial support for the city’s future economic transformation and upgrading. The Government has also rolled out various supportive policies and initiatives to attract talent and businesses to Hong Kong to participate in driving related products to market and engaging in innovation.
The surge up of Hong Kong’s rankings was contributed by the comprehensive three-pronged approach involving the HKSAR Government, the efforts by universities in teaching and research, as well as social resource collaboration.
The leap up the rankings also further enhanced the “Study in Hong Kong” brand, helping world-leading academic disciplines in the city attract top-tier students for advanced studies.
“The Education Bureau will also continue to collaborate with institutions to attract more students from around the world to build Hong Kong into an international hub for high-calibre talent,” said Secretary for Education Dr Choi Yuk-lin.
According to the QS release, about 80% of subjects of the city’s universities had shown improvement in academic reputation, with significant progress across most indicators. This highlighted Hong Kong’s continued leadership in the field of higher education, serving as a global model of success.
This year’s ranking compared over 21,000 academic offerings, taken by students at more than 1,700 universities across 100 countries and territories in 55 subjects.
Hashtag: #hongkong #brandhongkong #asiasworldcity #QS #Talents
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The issuer is solely responsible for the content of this announcement.
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