Budget 2025: How effective are the new business support measures in driving growth and innovation?

The Singapore Budget 2025 has unveiled a range of measures designed to support businesses as they navigate rising costs, labor challenges, and global competition.

With a 50% corporate tax rebate, enhanced Progressive Wage Credit Scheme, and a new S$150 million Enterprise Compute Initiative, the government aims to provide both immediate relief and long-term growth opportunities.

But are these measures enough? What more can be done to address fundamental challenges businesses are facing today?

On Money Matters’ 2025 Post-Budget Panel Discussion, Hongbin Jeong speaks to Chen Ze Ling, Head of Corporate Banking, DBS Singapore, Toby Koh, Group MD, Ademco Security Group, and Vick Aggarwala, President & CEO, Supreme Components International, to find out more.

 

Presented by: Hongbin Jeong

Produced and Edited by: Alexandra Parada (alexparada@sph.com.sg), Hongbin Jeong, and Naz

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