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A new World Bank report says that while the internet, mobile phones and other digital technologies are spreading rapidly throughout the developing world, the anticipated digital dividends of higher growth, more jobs and better public services have fallen short of expectations, and 60 percent of the world's population remains excluded from the ever-expanding digital economy.

Read more: Billions missing out on comms technology's benefits

Singapore's Ministry of Communications And Information (MCI) is to restructure the Infocommunications Development Authority of Singapore (IDA) and the Media Development Authority of Singapore (MDA) to form the Infocommunications Media Development Authority of Singapore (IMDA) and the Government Technology Organization (GTO), both to be formed in the second half of 2016.

Read more: Singapore to restructure comms and media bodies