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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…
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