To strengthen Singapore’s value proposition as a regional and modern services hub, the Government has begun work on the Singapore Intellectual Property Strategy 2030, or SIPS 2030, for short. SIPS 2030 is a national effort to guide the on-going development of Singapore as a global intellectual property hub. One of the key thrusts of SIPS 2030 is to build Singapore as a trusted and credible hub for intangible asset valuation. More information about SIPS 2030 will be made available to the public on World IP Day held on 26 April 2021.  Celebrated by over 190 member states of the World Intellectual Property Organization (WIPO), World IP Day (WIPD) is an annual event to honour the role of IP in encouraging innovation and creativity. Themed “IP & SMEs: Taking your ideas to market”, this year’s WIPD looks at how IP assets can drive business development, economic recovery and human progress. More information about SIPS 2030 is available at this link: https://www.ipos.gov.sg/media-resources/media/updates/viewdetails/strategy-to-boost-singapore-s-position-as-a-global-intangible-assets-ip-hub-unveiled