How does the PDPA benefit business?
The PDPA is intended to support business innovation while ensuring that businesses use personal data responsibly and consumer interests are safeguarded. This will strengthen Singapore's overall economic competitiveness and enhance Singapore's status as a trusted hub and choice location for global data management and processing services.
The law provides clarity on the rules and requirements for businesses hosting personal data in Singapore. This will complement Singapore's existing strengths, such as geographical location, reliability and advanced telecommunications infrastructure, to create a conducive environment for the fast-growing global data management and data processing industries, such as cloud computing, to thrive in Singapore.