#SGBudget2023: S$4 billion top-up for National Productivity Fund

Investments will include supporting businesses here in building new capabilities, adding greater value to the domestic ecosystem, and upskilling workers. https://bt.sg/5agG

New scheme enhances tax deductions for innovation activities

The tax deductions will now be raised to 400% of qualifying expenditure for five activities. https://bt.sg/5agf

S$1 billion top-up to Singapore Global Enterprises initiative; S$150 million for SME co-investments

This is to develop a “healthy pipeline” of large local enterprises with a strong track record of international success, and move them “to the next level”. https://bt.sg/5agM