Singapore to inject funding in Chinese medicine sector
The Ministry of Health (MOH) in Singapore announced that it will be developing the Traditional Chinese Medicine (TCM) sector by providing additional funding for TCM research and to support skills development and capability building for TCM professionals.
According to MOH, the government will provide a further funding of $5 million over the next five years for the Traditional Chinese Medicine Research Grant (TCMRG) to encourage collaborative research between researchers in public healthcare institutions, TCM industry players and institutes of higher learning.
This is in addition to the $3 million which had earlier been put aside for the TCM sector in December 2012 for the same purpose. To date, two grant calls have been made and we have received a total of 47 proposals. Another priority area MOH mentioned is to help TCM practitioners stay relevant with their professional knowledge and encourage continual professional learning. MOH will set up a $5 million TCM Development Grant (TCMDG) to support skills development and capability building for TCM professionals.