Singapore Budget 2026

SINGAPORE BUDGET 2026 - VIEWS

How Budget 2026 should affect Singaporean wallets

A wake-up call for early careerists, aspiring parents and middle-class professionals to master personal finance

Singapore’s Parf rebate cut may favour China EV brands as ownership and borrowing costs rise

Industry players say the move will have far-reaching consequences across the automotive value chain

A future-first Budget: invest, scale, compete

Singapore Budget 2026 targets critical gaps in AI and internationalisation to scale local firms for the long haul

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From Covid-19 to Trump tariffs, the last decade has shown how suddenly economic shocks can happen.
COMMENTARY

Budget 2026: With fiscal marksmanship now harder to achieve, tax changes need stronger justification

Amid growing uncertainty, it is safer to err on the side of fiscal caution – but the public will need to be convinced of this

For a small, open economy like Singapore, “growth outcomes can diverge significantly from forecasts as global conditions evolve”, says Prime Minister and Finance Minister Lawrence Wong.
SINGAPORE BUDGET 2026

Budget 2026: Fiscal forecasts are reasonable, not too conservative: PM Wong

GST hikes remain necessary to provide stable revenues for increased structural spending

Prime Minister and Finance Minister Lawrence Wong says wealth redistribution alone is insufficient to build a strong and resilient society.
SINGAPORE BUDGET 2026

Budget 2026: Over-reliance on taxing the rich risks shifting burden to middle class, says PM Wong

Singapore will not pursue ‘jobless growth’, the prime minister pledges in his round-up speech

Rental costs featured in PM Wong's round-up speech as he addressed concerns raised by several MPs over the pressure facing SMEs.
SINGAPORE BUDGET 2026

Budget 2026: Retail, F&B rents make up lower share of business costs in last few years

Rent increases have also trended below nominal GDP growth and inflation in recent years, says PM Wong

NTUC deputy secretary-general Desmond Choo cautioned that replacing juniors with AI could weaken Singapore’s future talent pipeline.
SINGAPORE BUDGET 2026

Budget 2026: Singapore risks ‘missing middle’ as AI squeezes out junior roles, warns Desmond Choo

Calls to tax wealth more heavily also come up on the second day of debate on the Budget

Labour chief Ng Chee Meng renews calls for advance retrenchment notifications.
SINGAPORE BUDGET 2026

Budget 2026: Raise jobseeker support scheme’s S$5,000 income cap to cover more retrenched PMEs, says NTUC chief

Income cap can be pegged to PMET median monthly income, which was around S$7,600 in 2025: Ng Chee Meng

Chen Ze Ling, DBS’ group head for corporate and SME banking, says the Budget's AI-related initiatives relieve the constraints SMEs face in scaling up AI adoption and integration.
SINGAPORE BUDGET 2026

Budget 2026 repositions SMEs for long-term tough environment: DBS

The bank’s group head for corporate and SME banking highlighted AI, internationalisation, workforce transformation and financing as four key areas the government wants SMEs to build capabilities in

Of the 31 MPs who spoke over seven hours on Feb 24, several highlighted barriers to AI adoption and proposed measures to ease the transition.
SINGAPORE BUDGET 2026

AI adoption, S$15.1 billion surplus dominate first day of Budget debate

Some MPs call for CDC Vouchers scheme to be refined into a recurring one to better reflect household needs

Workers' Party chief Pritam Singh warns that the government should be “conscious of the public cynicism and detachment” that grows when Singaporeans cannot see a clear accounting of how public funds are being used and the results that have been achieved.
BUDGET 2026

WP chief Pritam Singh calls for public ‘report cards’ on major spending, questions ministerial bonus metrics

He says publicly reporting outcomes would strengthen transparency and enable MPs to better scrutinise government spending

Budget 2026's AI ambitions can provide a big boost to the housing market as it can help Singapore overcome structural constraints.
THE LEVEL GROUND

Higher work pass salary thresholds for foreigners won’t dent housing market, AI push can power private home prices

Singapore’s AI ambitions can benefit top local and global talent