Tax & Spend

Here Are the Key Winners From Singapore’s Budget 2026

All Singaporean households will get a handout of S$500 ($397) in January 2027 that can be used at supermarkets and food stalls. — All Singaporean households will get a handout of S$500 ($397) in January 2027 that can be used at supermarkets and food stalls.
Photographer: SeongJoon Cho/Bloomberg

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By Bernadette Toh

February 12, 2026 at 11:27 AM UTC

Updated on

February 13, 2026 at 9:05 AM UTC

Singapore’s spending plan to address high cost of living will likely benefit consumers and the retail sector, potentially giving local stocks another boost after they hit an all-time high.

Prime Minister Lawrence Wong on Thursday unveiled cash handouts for households and fresh support for workers, the elderly and small businesses in his budget speech. The city-state will also look into efforts to integrate artificial intelligence in key areas and allow companies to claim AI expenditure for tax deductions and allowances, among other measures.