Transforming our Economy through Enterprise and Innovation

1. Addressing Near-Term Concerns

Assessment of the Singapore Economy

Transforming Enterprises

Transforming Industries

Transforming through

Innovation

3. Supporting Our People through Change

• Continued Fiscal Support

• Corporate Income Tax Rebate

• Special Employment Credit

• SME Loan Assistance• Revitalisation of

Shops Scheme• Foreign Worker Levy

Changes

• Near-term cyclical weaknesses

• Medium-term challenges and opportunities

• Business Grants Portal

• Automation Support Package

• Financing and Tax Incentives to Support Scale-Ups

• Support for Internationalisation

• National Trade Platform

• Leveraging New Technologies

• Increasing outreach through Trade Associations and Chambers

• Deepening Innovation Capabilities

• Strengthening Innovation and Enterprise Networks

• Jurong Innovation District

Investing in SkillsFuture

Helping Our People to Adjust• Adapt and Grow

Initiative

Enabling Our People to Seize New Opportunities• TechSkills

Accelerator

2. Industry Transformation ProgrammeIntegrated · Sector-focused · Partnerships · Technology

PartneringFuture

for the

Building a Caring and Resilient Society

2. Caring for Our Low Wage Workers and Persons with Disabilities

1. Caring For Our Young

3. Caring for our Seniors

4. Other Measures Affecting Households

5. Building a Caring Society

• Enhancements to Workfare• Supporting Persons with

Disabilities at Work

Supporting Families with Children • Child Development Account

First Step Grant• KidSTART• Fresh Start Housing Scheme

Building Resilience in our Youth• National Outdoor Adventure

Education Masterplan

• Implementation of Silver Support Scheme• Community Networks for Seniors

• Public Assistance and Singapore Allowance

• GST Voucher• Service & Conservancy Charges

Rebate• Personal Income Tax Relief Cap

• Business and Institutions of a Public Character Partnership Scheme

• Supporting Community Chest Giving• Our Singapore Fund

PartneringFuture

for the