News

Budget 2026: MNC tax rates to be raised to 15%

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: Wong says $400m boost will fund longer-term care

A task force led by Goh Pei Ming will review disability support.

Budget 2026: LQS raised to $1,800 for lower-wage workers

PWCS core funding support also increases from 20% to 30%.

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: Solar deployment 2030 target raised to 3GW-peak

Singapore is also advancing plans to import low carbon electricity.

Budget 2026: Gov’t injects $1b to boost startup growth

Meanwhile, a new work group will strengthen the capital ecosystem.

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: Gov't pledges $37b in frontier tech under RIE 2030

PM Wong said public R&D spending will remain modest.

Budget 2026: Singapore hikes work permit levies hitting marine and process sectors

Manufacturing and services will move to a simpler tier structure starting in 2028.

Budget 2026: Singapore extends Senior Employment Credit through 2027

A tripartite workgroup will deliver senior job recommendations later this year.

Budget 2026: Singapore expands progressive wage training as job shifts intensify

Wong said hourly allowances will rise for long-form courses under the wage ladder scheme.

Budget 2026: Gov’t to boost grants for firms expanding abroad

SMEs can claim up to 70% support for their internationalisation initiatives.

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.

June 2026 BTO launches may draw demand after February moderation

Application rate eases as buyers await larger projects.