No carbon tax imposed on petrol, diesel, CNG
THE government will not levy an additional carbon tax on petrol, diesel and compressed natural gas, Finance Minister Heng Swee Keat said on Monday.
S$250m set aside for sustainability projects
THE government will launch an Energy Grid 2.0 to develop next-generation energy grid architectures that can respond quickly and reliably to changes in energy demand and supply, Finance Minister...
S$800m over three years set aside for industry grants
THE government will set aside S$800 million over three years for three industry grants, Finance Minister Heng Swee Keat said on Monday.
Singapore to build skills in workforce for overseas expansion
THE government will continue with industry partners for the workforce to develop deep skills that can take more businesses abroad.
Singapore to restrict tax exemption for start-ups, small firms
THE government will, from the year of assessment 2020, restrict the tax exemption for smaller firms and startups, noting that while the existing tax schemes lower costs for such companies, they do...
New R&D programmes for aviation, maritime industries; expansion of robotics scheme
THE government will launch an Aviation Transformation Programme (ATP), and a Maritime Transformation Programme (MTP) this year, Finance Minister Heng Swee Keat said on Monday.
Singapore Budget 2018: Singapore to pilot innovation platform
THE government plans to pilot an Open Innovation Platform (OIP), a virtual crowdsourcing platform, where companies can list specific challenges that can be addressed by digital solutions, Finance...
Singapore Budget 2018: ITMs to take a more "cluster-based" approach
THE Industry Transformation Maps (ITMs) will be developed further by taking a "cluster-based approach", aimed at creating synergies and strengthen linkages across multiple industries, Finance...
Singapore Budget 2018: Singapore to boost corporate income tax rebate, to cost S$475m over 2yrs
THE government plans to raise the corporate income tax (CIT) rebate to 40 per cent of tax payable, capped at S$15,000, Finance Minister Heng Swee Keat said on Monday. This is for the year of...
Singapore Budget 2018: Singapore to build innovative economy, improve urban sustainability
THE Singapore Budget will build on its strong position as a well-connected country in four areas, Finance Minister Heng Swee Keat said on Monday.