Post by Singapore Economic Development Board (EDB)

Singapore will roll out a S$1b support package to help businesses, workers and households manage rising #energy and #logistics costs. The corporate income tax rebate announced at this year’s Budget will be increased from 40% to 50% for the Year of Assessment 2026, with benefits capped at S$40,000. To support more companies in adopting energy-efficient equipment, the base tier of the Energy #Efficiency Grant will also be expanded from the current six sectors – food services, retail, manufacturing, construction, maritime and data centres – to cover all areas. The scheme will be extended to end-March 2028. Read more: