Economy & Policy

COMMENTARY

Should landlords worry? Singapore’s new inequality data suggests tough conversations will continue

With a clearer – and less flattering – picture of income and wealth inequality, the discussion can shift to what should be done

Budget 2026 is expected to focus on strengthening Singapore’s economic resilience amid heightened geopolitical uncertainty, says Rohan Solapurkar, tax and legal leader at Deloitte Singapore.
SINGAPORE BUDGET 2026

Budget 2026 may give firms more targeted, strategic support to navigate global uncertainty

Observers say AI adoption will be a major focus of this year’s Budget, alongside renewed emphasis on internationalisation and sustainability

The upward revision of gross domestic product in 2025 comes as Q4 growth is adjusted upwards to 6.9%, from an advance estimate of 5.7%.

Singapore revises 2025 GDP growth to 5% from 4.8% earlier, bolstered by a strong Q4

MTI raises 2026 forecast economic expansion to 2% to 4%, compared to 1% to 3% previously

EnterpriseSG says key exports growth will be supported in part by electronics amid strong AI-related demand.

Singapore upgrades 2026 key exports growth forecast to 2-4% as global outlook improves

OCBC raises its forecast to the same range; non-oil domestic exports up 4.8% in 2025

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Home equity – property value less outstanding mortgages – forms over half of average household wealth across all wealth quintiles.

Top 20% of Singapore households hold average wealth of S$5.3 million: MOF

The first set of official wealth data shows that property and CPF savings form the bulk of assets across all wealth groups

Household coverage will now include non-employed households alongside employed households.

Singapore median household market income up 6.8% in real terms; definition includes rent and investment incomes

2025 figure is first time SingStat applies expanded coverage capturing ‘market’, or non-employment sources of income like CPF payouts

Senior Minister of State for Trade and Industry Low Yen Ling (in orange suit) and director of Kwong Cheong Thye Alvin Choo (in pink suit) observing an autonomous guided vehicle in operation at Kwong Cheong Thye’s new factory.

Refreshed Food Manufacturing Industry Digital Plan to simplify digital adoption, support scaling efforts

The second iteration plan allows companies to adopt the right solutions to enhance their operations and thrive in a competitive market

Corporate income tax and personal income tax collections are higher year on year.
SINGAPORE BUDGET 2026

Singapore’s strong GDP growth to see higher full-year fiscal surplus of up to S$13.8 billion: economists

For the first 9 months, corporate and income tax, GST collections are all up

EDB chairman Png Cheong Boon (left) and managing director Jermaine Loy giving an update on the agency's investment commitments in 2025.

Singapore’s 2025 investment pledges rise 5.3% to S$14.2 billion; related job creation dips 16%

Over a third of fixed asset investment is in electronics; total 2025 commitments expected to create 15,700 jobs over 5 years

SME leaders note that clearer carbon tax guidance and the ability to pay for AI tools on a fractional basis could help businesses manage costs.

SMEs ‘screaming for help’, panellists say, as they urge Budget support on costs and overseas push

Enhanced internationalisation schemes, greater access to government financing facilities among measures that could make a difference