Economy
Experts warn of security gap as Singapore accelerates AI missions
Experts warn of security gap as Singapore accelerates AI missions
Factory and medical sensors face cyber risk as the National AI Council drives digital overhaul.
MAS expands equity market programme to $6.5b to attract top asset managers
$3.95b have so far been deployed across nine managers under the programme.
STI retreats below 5,000 despite $4b Budget 2026 market boost
Prime Minister Lawrence Wong allocated $1.5 b to the Anchor Fund and $1 b to startups for SGX listings.
How do the Big Four read Budget 2026’s AI drive?
They cite $1.5b fund boost and 400% AI tax break as Budget 2026 accelerates adoption.
Budget 2026: 250% corporate volunteer tax deduction extended to 2029
Singapore is also launching a $50m SG Partnerships Fund for community initiatives.
Budget 2026: Firms to get 400% tax deduction for AI spending
PM Wong revealed the government is expanding on the ‘Enterprise Innovation Scheme’.
Budget 2026: Budget surplus estimated at $8.5b for 2026
In 2025, the higher surplus is driven by more corporate tax collections.
Budget 2026: Tobacco excise duty raised by 20%
The higher tax is effective immediately.
Budget 2026: MNC tax rates to be raised to 15%
Singapore anticipates higher spending on healthcare and infrastructure.
Budget 2026: SG to launch national AI missions across four sectors
Key areas are advanced manufacturing, connectivity, finance, and healthcare.
Budget 2026: All households get $500 vouchers from January 2027
Half the vouchers go to supermarkets with the rest for heartland merchants and hawkers.
Budget 2026: PARF rebate cap halved to $30,000 on increasing EV adoption
The rebate is given out to cars deregistered before they turn 10 years old.
Budget 2026: Large Family Scheme grants up to $16,000 per child
Benefits apply to every third or subsequent child under the existing support structure.
Budget 2026: Singapore, New Zealand to sign pact on critical trade
The government is also setting up embassies in fast-growing markets.
Budget 2026: Firms to get 40% corporate income tax rebate
Eligible companies will receive a minimum of $1,500.
MAS to tighten policy in April amidst 2.5% output gap
Analysts cite the 5% growth surge in 2025 as the primary driver for a steeper S$NEER slope.
AI boom and falling rates trigger upgrades to Singapore GDP outlook
Major financial institutions have raised Singapore’s growth outlook to as much as 3.6%.
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