Budget 2025: How Singapore will maintain economic edge in AI, innovation & business
To encourage innovation and enterprise, Singapore Prime Minister and Finance Minister Lawrence Wong announced the following in Budget 2025: Top-up of National Productivity Fund by S$3 billion; up to S$150 million set aside for new Enterprise Compute Initiative and a new S$1 billion Private Credit Growth Fund. PM Wong also announced tax incentives for Singapore-based companies and fund managers who invest in Singapore-listed equities.
To encourage innovation and enterprise, Singapore Prime Minister and Finance Minister Lawrence Wong announced the following in Budget 2025: Top-up of National Productivity Fund by S$3 billion; up to S$150 million set aside for new Enterprise Compute Initiative and a new S$1 billion Private Credit Growth Fund. PM Wong also announced tax incentives for Singapore-based companies and fund managers who invest in Singapore-listed equities.
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