Singapore Sees Fiscal 2026 Budget Surplus of 1% of GDP

Main Budget Story

10-Year Yield Edges Lower

Budget to Stay Balanced Over Time

Budget Surpluses Seen

Tobacco Tax Hiked

Assesses Carbon Tax Rate

Defense Spending to Rise

Handouts for Households

More Low-Income Assistance

Singapore Raises Salary Floor for Foreign Financial Staff

Singapore Raises Minimum Qualifying Salary for Foreigners

Boosts Co-Funding Support for Lower-Wage Workers

AI Tax Deductions

Warns Against ‘Fear’ of AI

PM to Lead New AI Council

Singapore to Use AI to Boost Innovation

S$1.5 Billion for Fund to Attract Listings

S$1 Billion for Start-Up Equity Scheme

Targets Higher End of 2%-3% Growth Over Decade

Corporate Tax Rebate

PM Sees More Risk-Taking in Markets

Wong Warns of ‘More Dangerous’ World

Key Events

ImageLede

Singapore Bureau Chief

Asia Equities Reporter

Senior Editor:Newsdesk

Macro Strategist

Reporter:Southeast Asia Government

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