The announcement of the annual budget — one of the most closely watched political events in Singapore — is expected to contain fewer handouts than 2025, when Singapore was headed into an election and was celebrating its 60th anniversary. It’s the first in a new five-year parliamentary term, within which the government is required by law to balance the budget. In January, Micron Technology Inc said it will invest a further US$24 billion in Singapore because of AI-related demand. Among the budget recommendations submitted by the Singapore Business Federation is increased access to foreign labor. Cash handouts and rebates, however, will likely be targeted to lower-income households following the sweeping measures offered in the 2025 budget.

Source: The Edge Markets February 11, 2026 03:03 UTC