Singapore Government
COS 2026: Ensuring the sustainability of our legal profession
- Title
- COS 2026: Ensuring the sustainability of our legal profession
- Runtime
- 3:11
- Date posted
- 3 months ago
- Description
- A Committee on the Future of the Legal Profession will be formed to look at ensuring the long-term sustainability of Singapore's legal sector. Overseen by the Chief Justice and the Minister for Law, this committee will explore areas such as the impact of AI and technology on legal practice, mentorship initiatives, and cross-border practice.
Minster for Law Edwin Tong was speaking at the Committee of Supply Debates in Parliament on 2 March 2026.
- Title
- COS 2026: Advancing digital invoicing adoption
- Runtime
- 1:34
- Date posted
- 4 months ago
- Description
- To support businesses in raising productivity through digitalisation, all GST-registered businesses will be required to submit digital invoices to IRAS via InvoiceNow by April 2031. The transition will be implemented progressively, and support measures, such as free InvoiceNow-Ready solutions and grants, will help businesses defray adoption costs.
Senior Minister of State for Finance Jeffrey Siow was speaking at the Committee of Supply Debates in Parliament on 26 February 2026
- Title
- COS 2026: Driving efficient procurement for businesses
- Runtime
- 1:41
- Date posted
- 4 months ago
- Description
- MOF will expand Tender Lite to ICT procurement from April 2026, simplifying contract conditions and making Government procurement more accessible to businesses, especially SMEs. The GeBIZ system will also be comprehensively refreshed to streamline processes across sourcing and contract management, strengthen transparency and efficiency, and integrate AI tools where appropriate.
Senior Parliamentary Secretary for Finance Shawn Huang was speaking at the Committee of Supply Debates in Parliament on 26 February 2026.
- Title
- COS 2026: Public finance for a better Singapore
- Runtime
- 1:25
- Date posted
- 4 months ago
- Description
- Public finance is not just about keeping the books balanced. It is about stewarding public resources responsibly - maintaining discipline, ensuring value for money, and deploying funding in ways that enable growth, innovation and better outcomes for Singaporeans.
Second Minister for Finance Indranee Rajah was speaking at the Committee of Supply Debates in Parliament on 26 February 2026
- Title
- COS 2026: A marriage and parenthood reset
- Runtime
- 2:21
- Date posted
- 4 months ago
- Description
- The issue of raising the TFR (Total Fertility Rate) is not simply an economic one. Instead, a Marriage and Parenthood Reset will be needed to look into the issue holistically. A new Workgroup will be formed with relevant agencies to engage with members of the public, businesses and the people sector to develop the next bound of marriage and parenthood enhancements for Singapore.
Minister in the Prime Minister's Office Indranee Rajah was speaking at the Committee of Supply Debates in Parliament on 26 February 2026.
- Title
- COS 2026: Building our vision for families together
- Runtime
- 4:00
- Date posted
- 4 months ago
- Description
- Singapore's Total Fertility Rate dropped to 0.87 in 2025, the lowest on record, creating an existential challenge for the nation. While declining birth rates are a global issue not solved by economic measures alone, Singapore will launch a Marriage and Parenthood Reset through a new Workgroup.
Taking a four-pronged approach, this Workgroup will explore ways to enhance government support, cultivate positive mindsets, foster family-friendly workplaces, and engage the whole society. Building on recent measures like the Enhanced Baby Bonus and Shared Parental Leave, the Government will redouble efforts while recognising that reversing this trend requires participation from all sectors of society.
Minister in the Prime Minister's Office Indranee Rajah was speaking at the Committee of Supply Debates in Parliament on 26 February 2026.
- Title
- COS 2026: Supporting Singaporeans to aspire to marriage and parenthood
- Runtime
- 2:08
- Date posted
- 4 months ago
- Description
- Singapore's total fertility rate (TFR) has reached a new low. To address this challenge, the Government will redouble efforts to support Singaporeans to aspire to marriage and parenthood, while continuing to review our immigration intake and approach. Investments in key areas for Singaporeans, such as education, housing, healthcare and jobs, will be further strengthened.
Deputy Prime Minister Gan Kim Yong was speaking at the Committee of Supply Debates in Parliament on 26 February 2026.
- Title
- COS 2026: Staying the course in the low-carbon transition
- Runtime
- 1:30
- Date posted
- 4 months ago
- Description
- The effects of climate change are getting more pronounced, frequent, and costly. Some countries have even slowed down the implementation of climate actions and started to review their climate policies.
While global progress has been mixed, Singapore recognises that economics, technology, and nature will still push the world towards cleaner energy in the long run. As a climate realist, Singapore will monitor global developments and move at the right pace to ensure survival and success in a low-carbon future. Through steady decarbonisation and decisive adaptation, Singapore will stay competitive, liveable and resilient for decades to come.
Deputy Prime Minister Gan Kim Yong was speaking at the Committee of Supply Debates in Parliament on 26 February 2026.
- Title
- COS 2026: Understanding our people shapes the Public Service’s purpose
- Runtime
- 1:53
- Date posted
- 4 months ago
- Description
- The work of the Public Service goes beyond delivering transactions - it is about building trust and partnering Singaporeans to co-create solutions. The Government will do this by strengthening partnerships, improving access to services, and investing in public officers, so as to better serve Singaporeans today and into the future.
Coordinating Minister for Public Services Chan Chun Sing was speaking at the Committee of Supply Debates in Parliament on 26 February 2026.
- Title
- COS 2026: Understanding the world sharpens the Public Service’s clarity
- Runtime
- 1:10
- Date posted
- 4 months ago
- Description
- Public officers and leaders can better seize emerging opportunities and safeguard Singapore’s long-term interests if they have a better understanding of global developments. To facilitate this, the Public Service will ramp up overseas postings and exchanges, attachments to international organisations, and stints in the private and people sectors, for its officers.
Coordinating Minister for Public Services Chan Chun Sing was speaking at the Committee of Supply Debates in Parliament on 26 February 2026.
- Title
- COS 2026: Delivering as One Public Service, ready for the future
- Runtime
- 0:39
- Date posted
- 4 months ago
- Description
- The Public Service will equip its officers with skills to understand the world, technology and fellow Singaporeans. This will enable us to stay relevant and harness the latest advancements to be future-ready.
Coordinating Minister for Public Services Chan Chun Sing was speaking at the Committee of Supply Debates in Parliament on 26 February 2026.
- Title
- Planning for an uncertain world
- Runtime
- 4:02
- Date posted
- 4 months ago
- Description
- As a small open economy, Singapore faces challenges predicting economic outcomes due to volatile global conditions and unpredictable revenue streams like property transactions and COE premiums. Following widespread uncertainty after US Liberation Day tariffs, swift action by Deputy Prime Minister Gan Kim Yong's team to engage the US, deepen links with other countries and forge new agreements helped sustain investor confidence. Making difficult but responsible decisions during uncertain times has also positioned Singapore strongly for future challenges.
Prime Minister and Minister for Finance Lawrence Wong delivered his Budget Round-Up Speech in Parliament on 26 February 2026.
#SGBudget2026 #OurBudget2026
- Title
- Positioning Singapore for the future with our fiscal strategy
- Runtime
- 2:19
- Date posted
- 4 months ago
- Description
- GST remains the only broad-based and sustainable option to fund rising healthcare needs amid an ageing population, while also preserving Singapore's reserves. However, to keep our fiscal system fair and progressive, the Government has always sought to ensure that the majority of GST collections continue to be from higher-income households, tourists, and foreigners, while mitigating the impact on Singaporeans.
Prime Minister and Minister for Finance Lawrence Wong delivered his Budget Round-Up Speech in Parliament on 26 February 2026.
#SGBudget2026 #OurBudget2026
- Title
- Mitigating inequality
- Runtime
- 2:24
- Date posted
- 4 months ago
- Description
- Income inequality in Singapore has narrowed over the past decade, but efforts to strengthen fairness and mobility will continue. Singapore’s approach remains balanced - keeping taxes moderate but progressive, investing in people, and ensuring upward mobility remains central to our social compact.
Prime Minister and Minister for Finance Lawrence Wong delivered his Budget Round-Up Speech in Parliament on 26 February 2026.
#SGBudget2026 #OurBudget2026
- Title
- Addressing cost-of-living concerns
- Runtime
- 1:33
- Date posted
- 4 months ago
- Description
- Budget 2026 will provide broader support for Singaporeans to help households cushion the impact of higher price levels. Help will range from CDC Vouchers, cash support, utilities rebates, Child LifeSG credits, and CPF top-ups for seniors, and will lead to an increase in the Government's social spending.
Prime Minister and Minister for Finance Lawrence Wong delivered his Budget Round-Up Speech in Parliament on 26 February 2026.
#SGBudget2026 #OurBudget2026
- Title
- Adapting well to AI
- Runtime
- 1:25
- Date posted
- 4 months ago
- Description
- The Government will work closely with tripartite partners, especially NTUC, to empower every worker to be AI-ready and put in place stronger safeguards for workers. AI will be leveraged to grow the economy and the Government will ensure that this growth translates into good jobs and better wages for Singaporeans.
Prime Minister and Minister for Finance Lawrence Wong delivered his Budget Round-Up Speech in Parliament on 26 February 2026.
#SGBudget2026 #OurBudget2026
- Title
- Pursuing growth and creating jobs in a changed world
- Runtime
- 3:16
- Date posted
- 4 months ago
- Description
- While Singapore must continue to pursue growth in order to create new opportunities, growth must also lead to the creation of good jobs for Singaporeans. The Government will uplift the broader domestic economy, and raise productivity, wages, and career pathways across the services sector, including education, healthcare, and social services. This will enable jobs in these sectors to become more productive, professional, and attractive as careers.
Prime Minister and Minister for Finance Lawrence Wong delivered his Budget Round-Up Speech in Parliament on 26 February 2026.
#SGBudget2026 #OurBudget2026
- Title
- Helping Singaporeans adapt well to AI
- Runtime
- 1:44
- Date posted
- 4 months ago
- Description
- The Government will coordinate efforts through the National AI Council to align industry transformation and workforce upgrading so that AI will uplift workers.
While AI will be leveraged to grow the economy, the Government will ensure that this growth translates into good jobs and better wages for Singaporeans.
Prime Minister and Minister for Finance Lawrence Wong delivered his Budget Round-Up Speech in Parliament on 26 February 2026.
#SGBudget2026 #OurBudget2026
- Title
- Planning for an uncertain world
- Runtime
- 1:51
- Date posted
- 4 months ago
- Description
- Singapore's fiscal forecasting remains responsible and professional, with deviations comparable to other advanced economies despite global volatility.
Following the US Liberation Day tariffs and widespread uncertainty, Singapore achieved better-than-expected 5% growth through decisive government action and swift adaptation by agencies, businesses, and workers. Deputy Prime Minister Gan Kim Yong and his team moved quickly to engage the US, deepen international links, and forge new agreements that sustained investor confidence. These efforts, coupled with our economic resilience, have improved our fiscal position to benefit all Singaporeans.
Prime Minister and Minister for Finance Lawrence Wong delivered his Budget Round-up Speech in Parliament on 26 February 2026.
#SGBudget2026 #OurBudget2026
- Title
- What a budget surplus means
- Runtime
- 2:10
- Date posted
- 4 months ago
- Description
- Singapore recorded a Budget surplus, reflecting our healthy fiscal position. Addressing questions on the GST hike, Prime Minister Lawrence Wong said it was introduced to fund rising, structural healthcare expenditure for an ageing population.
He added that Singapore’s fiscal system remains progressive, with higher-income groups contributing more so that greater support can be provided to those who need it most.
Prime Minister and Minister for Finance Lawrence Wong delivered his Budget Round-Up Speech in Parliament on 26 February 2026.
#SGBudget2026 #OurBudget2026
- Title
- #SGBudget2026 has a plan for all Singaporeans!
- Runtime
- 2:17
- Date posted
- 4 months ago
- Description
- From cash support and CPF top-ups to AI upskilling, here’s a handy guide just for you. Learn more at gov.sg/budget2026 #OurBudget2026
- Title
- Budget 2026 Round-up: Full Speech by PM Lawrence Wong
- Runtime
- 1:04:37
- Date posted
- 4 months ago
- Description
- "The world may be more uncertain. But we are prepared. We are united. And together, we will shape our own destiny and secure a brighter future for every Singaporean."
Prime Minister and Minister for Finance Lawrence Wong delivered his Budget Round-up speech in Parliament on 26 February 2026.
#sgbudget2026 #ourbudget2026
Chapter markers:
00:00 - Introduction
02:17 - Securing continued economic success and good jobs for Singaporeans
20:34 - Easing cost pressures and ensuring every Singaporean can progress
42:30 - Upholding a sound and progressive fiscal system
01:02:32 - Conclusion
- Title
- Building a “We First” Society
- Runtime
- 2:25
- Date posted
- 4 months ago
- Description
- The Government will launch a new $50 million SG Partnerships Fund to catalyse ground-up initiatives and help them build sustained capabilities and impact. The fund will provide differentiated tiers of funding including grants of up to $1 million for larger, multi-year projects.
Tax deduction schemes for charitable donations and corporate volunteering will also be extended for another three years till end-2029, while new Youth Panels will enable more young Singaporeans to work with the Government on issues that matter to them. These initiatives will strengthen Singapore's "We First" society through a sense of shared responsibility and community partnerships.
Prime Minister and Minister for Finance Lawrence Wong delivered his Budget 2026 Speech in Parliament on 12 February 2026.
Watch more: go.gov.sg/budget-2026-clips
#SGBudget2026 #OurBudget2026
- Title
- Strengthening Assurance for Seniors
- Runtime
- 2:25
- Date posted
- 4 months ago
- Description
- As our population ages, the Government will provide more support for our seniors to help them age well and live with dignity, security and peace of mind. This includes helping them plan ahead for their later-stage careers and supporting them in refreshing their skills.
The Senior Employment Credit will be extended until end-2027 to support employers who continue to employ senior workers.
The Government will also strengthen retirement support through an enhanced CPF system. For instance, seniors will have higher CareShield Life premium subsidies to help cushion the impact of higher premiums. Singaporeans aged 50 and above, and with CPF retirement savings below the Basic Retirement Sum, will have a CPF top-up of up to $1,500.
Prime Minister and Minister for Finance Lawrence Wong delivered his Budget 2026 Speech in Parliament on 12 February 2026.
Watch more: go.gov.sg/budget-2026-clips
#SGBudget2026 #OurBudget2026
- Title
- Uplifting Lower-Wage Workers
- Runtime
- 1:32
- Date posted
- 4 months ago
- Description
- The Local Qualifying Salary (LQS) will be raised from $1,600 to $1,800 this year to strengthen support for our lower-wage workers. The LQS is the minimum salary that firms hiring foreign workers will have to pay its local employees. The Progressive Wage Credit Scheme (PWCS) will be enhanced and extended to 2028, to help businesses defray some costs.
The Workfare Skills Support scheme will also be enhanced, to support workers who upgrade their skills through long-form training courses.
Prime Minister and Minister for Finance Lawrence Wong delivered his Budget 2026 Speech in Parliament on 12 February 2026.
Watch more: go.gov.sg/budget-2026-clips
#SGBudget2026 #OurBudget2026
- Title
- #SGBudget2026: Driving Transformation through AI Missions
- Runtime
- 2:28
- Date posted
- 4 months ago
- Description
- Singapore must act with clarity and resolve, as it harnesses AI to serve its interests and its people. Clear rules must guide its responsible use and ensure benefits are shared widely across society. A new national AI Missions and a National AI Council will help drive coordinated action across society and the economy. Harnessed well, AI can help Singapore overcome structural constraints and strengthen our position as a trusted global hub.
Positioning Singapore as a global AI leader is a key area of focus for the Economic Strategy Review (ESR). To find out more about ESR's other key recommendations, head over to go.gov.sg/sert-esr
Prime Minister and Minister for Finance Lawrence Wong delivered his Budget 2026 Speech in Parliament on 12 February 2026
#SGBudget2026 #OurBudget2026
- Title
- Giving Families More Support and Greater Assurance
- Runtime
- 2:28
- Date posted
- 4 months ago
- Description
- Families remain the bedrock of society and Singapore's first line of support for every individual. The Government will provide another $500 in Child LifeSG Credits for each Singaporean child aged 12 and below, building on last year's initiative. From 2027, the monthly household income threshold for means-tested preschool subsidies will also be raised to $15,000, benefiting more families.
With these enhancements, a family with two children under ComLink+ can receive around $10,000 per year in cash and CPF top-ups, while their children are in preschool.
Prime Minister and Minister for Finance Lawrence Wong delivered his Budget 2026 Speech in Parliament on 12 February 2026.
Watch more: go.gov.sg/budget-2026-clips
#SGBudget2026 #OurBudget2026
- Title
- Taking SkillsFuture Forward
- Runtime
- 1:30
- Date posted
- 4 months ago
- Description
- The Government will merge SkillsFuture Singapore and Workforce Singapore into a new statutory board under the Ministry of Manpower and Ministry of Education, creating a one-stop shop for skills training, career guidance, and job matching. This will provide seamless support for workers and comprehensive workforce assistance for employers, strengthening Singapore's lifelong learning system to help citizens adapt and thrive amid constant change.
Prime Minister and Minister for Finance Lawrence Wong delivered his Budget 2026 Speech in Parliament on 12 February 2026.
Watch more: go.gov.sg/budget-2026-clips
#SGBudget2026 #OurBudget2026
- Title
- #SGBudget2026: Securing Our Future Together in a Changed World
- Runtime
- 1:55
- Date posted
- 4 months ago
- Description
- Singapore has come far from its humble beginnings because generations stepped forward as active participants, not mere spectators, in nation-building. This spirit remains alive today, especially among youths who demonstrate the same sense of shared responsibility that built our nation. Budget 2026 embodies this conviction by supporting Singaporeans today, preparing society for tomorrow, and enabling confident navigation of a changed world. Singapore can secure a stronger, fairer, and brighter future for all through collective participation and mutual care.
Prime Minister and Minister for Finance Lawrence Wong delivered his Budget 2026 Speech in Parliament on 12 February 2026.
#SGBudget2026 #OurBudget2026
- Title
- #SGBudget2026: Fiscal Outlook From FY2027
- Runtime
- 3:13
- Date posted
- 4 months ago
- Description
- Singapore's spending needs are expected to grow in areas like external relations and security, and social needs, including healthcare and retirement adequacy. The need to keep Singapore attractive in an increasingly competitive world also means rolling out more generous incentives to re-shore and on-shore investments.
Nevertheless, Singapore's sound public finances provides the ability to act decisively and invest where it matters most. This puts Singapore in a very different position from many other countries, where governments are constrained by debt and deficit.
Prime Minister and Minister for Finance Lawrence Wong delivered his Budget 2026 Speech in Parliament on 12 February 2026.
#SGBudget2026 #OurBudget2026
- Title
- #SGBudget2026: Building a “We First” Society
- Runtime
- 2:53
- Date posted
- 4 months ago
- Description
- The Government will launch a new $50 million SG Partnerships Fund to catalyse ground-up initiatives and help them build sustained capabilities and impact. The fund will provide differentiated tiers of funding including grants of up to $1 million for larger, multi-year projects.
Tax deduction schemes for charitable donations and corporate volunteering will also be extended for another three years till end-2029, while new Youth Panels will enable more young Singaporeans to work with the Government on issues that matter to them. These initiatives will strengthen Singapore's "We First" society through a sense of shared responsibility and community partnerships.
Prime Minister and Minister for Finance Lawrence Wong delivered his Budget 2026 Speech in Parliament on 12 February 2026.
#SGBudget2026 #OurBudget2026
- Title
- #SGBudget2026: Forging Our Shared Bonds
- Runtime
- 1:44
- Date posted
- 4 months ago
- Description
- Singapore's greatest strength lies in the spirit of our people and our multicultural identity that celebrates distinct traditions while building shared ground as Singaporeans. The Government will continue strengthening cultural institutions through a revamped Malay Heritage Centre, expanding the reach for the Singapore Chinese Cultural Centre, and enhancing programmes for the Indian Heritage Centre.
New sports facilities, like the Punggol Regional Sport Centre, Toa Payoh Integrated Development, and facilities in Farrer Park and Tengah, complemented by expanded programming for all ages and abilities, will also bring Singaporeans together.
Prime Minister and Minister for Finance Lawrence Wong delivered his Budget 2026 Speech in Parliament on 12 February 2026.
#SGBudget2026 #OurBudget2026
- Title
- #SGBudget2026: Charting a Sustainable Future
- Runtime
- 4:02
- Date posted
- 4 months ago
- Description
- A key pillar of Singapore's climate strategy is carbon tax, which sends a clear price signal to encourage emissions reduction. To cushion the impact of rising carbon tax, HDB households can tap on U-Save rebates, while businesses can tap on the extended Energy Efficiency Grant. Singapore is also actively exploring possibilities to further diversify our energy mix as well as greening our aviation and maritime sectors.
Prime Minister and Minister for Finance Lawrence Wong delivered his Budget 2026 Speech in Parliament on 12 February 2026.
#SGBudget2026 #OurBudget2026
- Title
- Empowering Workers in an AI-Enabled Economy
- Runtime
- 2:10
- Date posted
- 4 months ago
- Description
- There will be strong support for Singaporeans to acquire new skills, adapt to new roles, and use AI as a tool to be more productive at work. To help with the transition to an AI-enabled economy, the Government will strengthen AI literacy for students in Institutes of Higher Learning and help workers build practical AI capabilities through training and hands-on application. The SkillsFuture website will also be redesigned to make AI learning pathways clearer and easier to access, so that Singaporeans can quickly find courses to match their work needs and proficiency levels.
Encouraging AI adoption is a key area of focus for the Economic Strategy Review (ESR). To find out more about ESR's other key recommendations, head over to go.gov.sg/sert-esr
Prime Minister and Minister for Finance Lawrence Wong delivered his Budget 2026 Speech in Parliament on 12 February 2026.
Watch more: go.gov.sg/budget-2026-clips
#SGBudget2026 #OurBudget2026
- Title
- #SGBudget2026: Strengthening Defence and Cybersecurity Capabilities
- Runtime
- 2:28
- Date posted
- 4 months ago
- Description
- Singapore will invest decisively in defence capabilities such as strengthening our ability to deploy, counter and operate alongside unmanned systems across all domains. Additionally, Singapore will deepen partnerships with owners of critical information infrastructure to improve our preparedness and strengthen our collective cyber defence. Taken together, overall security-related expenditures are expected to rise in the coming years, which is necessary to keep Singapore safe in a more complex threat environment.
Prime Minister and Minister for Finance Lawrence Wong delivered his Budget 2026 Speech in Parliament on 12 February 2026.
#SGBudget2026 #OurBudget2026
- Title
- #SGBudget2026: Supporting Singaporeans
- Runtime
- 1:58
- Date posted
- 4 months ago
- Description
- Support for Singaporean households remains a priority and the Government will continue to do whatever is necessary to help Singaporeans manage cost pressures.
This year, additional support will be provided through a Cost-of-Living Special Payment of $200 to $400 in cash for eligible adults, enhanced U-Save rebates of up to $570 for HDB households, and $500 in CDC Vouchers for all Singaporean households in January 2027. We will also continue strengthening social support across education, housing, healthcare and retirement, to ensure Singapore remains an inclusive and united society.
Prime Minister and Minister for Finance Lawrence Wong delivered his Budget 2026 Speech in Parliament on 12 February 2026.
#SGBudget2026 #OurBudget2026
- Title
- #SGBudget2026: Enabling Seniors to Age Well
- Runtime
- 2:48
- Date posted
- 4 months ago
- Description
- As Singapore's population ages, support for seniors will be enhanced to help them age with dignity, security and peace of mind. The Government will top up the Long-Term Care Support Fund by $400 million to fund additional subsidies related to enhancements to CareShield Life. This will provide greater assurance against long-term care costs.
Singaporeans aged 50 and above with lower CPF retirement savings, and with CPF retirement savings below the Basic Retirement Sum, will receive a CPF top-up of up to $1,500. Planned CPF contribution rate increases for senior workers will proceed in 2027, with continued Government support for employers. More investment options will also be introduced to help CPF members grow their savings further.
Prime Minister and Minister for Finance Lawrence Wong delivered his Budget 2026 Speech in Parliament on 12 February 2026.
#SGBudget2026 #OurBudget2026
- Title
- #SGBudget2026: Empowering Families with Greater Needs
- Runtime
- 1:34
- Date posted
- 4 months ago
- Description
- The ComLink+ programme will be strengthened to help lower-income families with young children move towards greater stability, self-reliance, and social mobility.
Enhancements to the ComLink+ Progress Packages include a new quarterly payout of $500 for all ComLink+ families committed to working with family coaches and who are taking active steps to make progress, additional payouts for families that make concrete progress in maintaining stable employment and good preschool attendance, and increasing cash payouts alongside CPF contributions. These will help families meet immediate needs while building long-term financial security.
Prime Minister and Minister for Finance Lawrence Wong delivered his Budget 2026 Speech in Parliament on 12 February 2026.
#SGBudget2026 #OurBudget2026
- Title
- Accelerating AI Adoption by Enterprises
- Runtime
- 1:40
- Date posted
- 4 months ago
- Description
- A new Champions of AI programme will be launched to support firms to use AI to transform their businesses. All enterprises and SMEs will also receive strengthened support to encourage AI adoption. For example, the Enterprise Innovation Scheme will be expanded to provide businesses with tax deductions for AI expenditures, while the Productivity Solutions Grant will be widened to include digital and AI-enabled solutions.
Encouraging AI adoption is a key area of focus for the Economic Strategy Review (ESR). To find out more about ESR's other key recommendations, head over to go.gov.sg/sert-esr
Prime Minister and Minister for Finance Lawrence Wong delivered his Budget 2026 Speech in Parliament on 12 February 2026.
Watch more: go.gov.sg/budget-2026-clips
#SGBudget2026 #OurBudget2026
- Title
- #SGBudget2026: Supporting Families and Investing in Our Children
- Runtime
- 1:57
- Date posted
- 4 months ago
- Description
- The Government will strengthen support for families through $500 Child LifeSG Credits for each Singaporean child aged 12 and below, expand preschool subsidies for more families, increase infant care and childcare subsidies, raise the monthly household income threshold for Student Care Fee Assistance, and undertake a holistic review of the student care sector, to better meet the caregiving needs of families with primary school-aged children.
Prime Minister and Minister for Finance Lawrence Wong delivered his Budget 2026 Speech in Parliament on 12 February 2026.
#SGBudget2026 #OurBudget2026
- Title
- #SGBudget2026: Updating Foreign Worker Policies
- Runtime
- 2:38
- Date posted
- 4 months ago
- Description
- Singapore remains open to global talent while ensuring foreign workers complement a strong Singaporean core. From January 2027, Employment Pass minimum qualifying salaries will rise from $5,600 to $6,000, and from $6,200 to $6,600 for those in the financial services sector. Minimum salaries for S Pass holders will also increase from $3,300 to $3,600.
Prime Minister and Minister for Finance Lawrence Wong delivered his Budget 2026 Speech in Parliament on 12 February 2026.
#SGBudget2026 #OurBudget2026
- Title
- #SGBudget2026: Strengthening Assurance For Mid-Career Workers and Seniors
- Runtime
- 1:08
- Date posted
- 4 months ago
- Description
- Supporting workers at every stage remains a priority as Singapore navigates economic transformation. Enhanced measures include expanding the SkillsFuture Level-Up programme's Mid-Career Training Allowance to cover part-time training from March. The Senior Employment Credit will also be extended till end-2027 to support employers who continue to employ senior workers.
Prime Minister and Minister for Finance Lawrence Wong delivered his Budget 2026 Speech in Parliament on 12 February 2026
#SGBudget2026 #OurBudget2026
- Title
- #SGBudget2026: Taking SkillsFuture Forward
- Runtime
- 1:27
- Date posted
- 4 months ago
- Description
- SkillsFuture Singapore and Workforce Singapore will merge into a new statutory board, jointly overseen by MOM and MOE. This move will make the delivery of career guidance, job matching and skills training services more seamless for workers, while integrating hiring, workforce planning and job redesign support for employers.
Supporting lifelong learning is a key area of focus for the Economic Strategy Review (ESR).
To find out more about ESR's other key recommendations, head over to go.gov.sg/sert-esr
Prime Minister and Minister for Finance Lawrence Wong delivered his Budget 2026 Speech in Parliament on 12 February 2026.
#SGBudget2026 #OurBudget2026
- Title
- #SGBudget2026: Uplifting Lower-wage Workers
- Runtime
- 1:37
- Date posted
- 4 months ago
- Description
- The Local Qualifying Salary (LQS) will be raised from $1,600 to $1,800 this year to strengthen support for our lower-wage workers. The LQS is the minimum salary that firms hiring foreign workers will have to pay its local employees. The Progressive Wage Credit Scheme (PWCS) will be enhanced and extended to 2028, to help businesses defray some costs.
The Workfare Skills Support scheme will also be enhanced to support workers who upgrade their skills through long-form training courses.
Prime Minister and Minister for Finance Lawrence Wong delivered his Budget 2026 Speech in Parliament on 12 February 2026.
#SGBudget2026 #OurBudget2026
- Title
- #SGBudget2026: Empowering Workers in an AI-Enabled Economy
- Runtime
- 3:03
- Date posted
- 4 months ago
- Description
- There will be strong support for Singaporeans to acquire new skills, adapt to new roles, and use AI as a tool to be more productive at work. To help with the transition to an AI-enabled economy, the Government will strengthen AI literacy for students in Institutes of Higher Learning and help workers build practical AI capabilities through training and hands-on application. The SkillsFuture website will also be redesigned to make AI learning pathways clearer and easier to access, so that Singaporeans can quickly find courses to match their work needs and proficiency levels.
Encouraging AI adoption is a key area of focus for the Economic Strategy Review (ESR). To find out more about ESR's other key recommendations, head over to go.gov.sg/sert-esr
Prime Minister and Minister for Finance Lawrence Wong delivered his Budget 2026 Speech in Parliament on 12 February 2026.
#SGBudget2026 #OurBudget2026
- Title
- #SGBudget2026: Accelerating AI Adoption by Enterprises
- Runtime
- 2:15
- Date posted
- 4 months ago
- Description
- A new Champions of AI programme will be launched to support firms to use AI to transform their businesses. All enterprises and SMEs will also receive strengthened support to encourage AI adoption. For example, the Enterprise Innovation Scheme will be expanded to provide businesses with tax deductions for AI expenditures, while the Productivity Solutions Grant will be widened to include digital and AI-enabled solutions.
Encouraging AI adoption is a key area of focus for the Economic Strategy Review (ESR). To find out more about ESR's other key recommendations, head over to go.gov.sg/sert-esr
Prime Minister and Minister for Finance Lawrence Wong delivered his Budget 2026 Speech in Parliament on 12 February 2026
#SGBudget2026 #OurBudget2026
- Title
- #SGBudget2026: Advancing Our Refreshed Economic Strategy
- Runtime
- 4:17
- Date posted
- 4 months ago
- Description
- To secure better jobs and rising incomes for Singaporeans, we must move faster, compete smarter, and stay resilient in a changed world.
Our refreshed economic strategy strengthens global connections, builds leadership in key growth sectors, and deepens our enterprise ecosystem - from enhanced support for overseas expansion, to catalysing private capital and strengthening our equities market.
Deepening global connections is a key area of focus for the Economic Strategy Review (ESR). To find out more about ESR's other key recommendations, head over to go.gov.sg/sert-esr
Prime Minister and Minister for Finance Lawrence Wong delivered his Budget 2026 Speech in Parliament on 12 February 2026.
#SGBudget2026 #OurBudget2026
- Title
- #SGBudget2026: Securing Singapore's Future Together
- Runtime
- 3:13
- Date posted
- 4 months ago
- Description
- Singapore embarks on its next phase of development with Budget 2026, which sets out a comprehensive roadmap to navigate an increasingly complex global landscape. This budget represents the first major step in refreshing the nation's strategies and strengthening the social compact between the Government and citizens.
Prime Minister and Minister for Finance Lawrence Wong delivered his Budget 2026 Speech in Parliament on 12 February 2026.
#SGBudget2026 #OurBudget2026
- Title
- #SGBudget2026: Full Speech by PM Lawrence Wong
- Runtime
- 1:30:19
- Date posted
- 4 months ago
- Description
- In his Budget 2026 speech, Prime Minister and Minister for Finance Lawrence Wong shared six areas of focus to secure our future in a changed world.
Watch his full speech here, or jump to specific topics via the timecodes below.
#SGBudget2026 #OurBudget2026
--------------------
00:00 Introduction
06:13 Advancing our Refreshed Economic Strategy
21:35 Harnessing AI as a Strategic Advantage
35:28 Building a Resilient and Skilled Workforce
46:45 Giving Families More Support and Greater Assurance
1:00:47 Protecting our Security and Sustainability
1:12:03 Renewing and Strengthening our Singapore Spirit
1:19:38 Singapore's Fiscal Position
1:25:58 Conclusion
#SGBudget2026 #OurBudget2026
- Title
- Blueprint: Inside the Economic Strategy Review
- Runtime
- 18:23
- Date posted
- 4 months ago
- Description
- In this changing global economy, how should we reorientate ourselves to create growth and good jobs for Singaporeans?
Follow DPM Gan and the five committees of the Economic Strategy Review (ESR) as they explore what it takes to keep Singapore competitive and shape our economic future together.
Find out more about the ESR's key recommendations and how it will help you
➡️ https://go.gov.sg/sert-esr
#EconomicStrategyReview #ESR #SERT
Jump straight in:
00:00 A changing global economy
01:34 Sharpening Singapore's competitive edge
03:41 AI: The game changer
06:46 Nurturing entrepreneurship
10:07 Singaporeans: Our most critical natural resource
13:09 Leaving no one behind
16:12 Success is no longer linear
