Budget 2025: How Singapore will maintain economic edge in AI, innovation & business

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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
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.

Read more: https://cna.asia/41hU0IW

#Budget2025 #SingaporeBudget

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