Singapore launches AI support measures, tax breaks in 2026 Budget

The Singapore government has announced a comprehensive suite of initiatives in its 2026 Budget to bolster AI adoption and support for workers and companies. Key measures include the launch of the ‘Champions of AI’ program to assist leading companies in transforming their businesses through AI, enhancements to the Productivity Solutions Grant to cover more digital and AI-enabled solutions, and the introduction of new AI training programs under the TechSkills Accelerator (TeSA) and SkillsFuture to equip workers with AI competencies. Additionally, the government plans to invest over S$1 billion from 2025 to 2030 under the National AI Research and Development Plan to strengthen AI research capabilities and position Singapore as a global AI hub. These efforts aim to drive economic growth, enhance business productivity, and prepare the workforce for the evolving digital landscape.

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