- Singapore Budget 2026 aims to
- advance Singapore’s refreshed economic strategy,
- harness AI as a strategic advantage,
- build a resilient and skilled workforce,
- provide families more support and greater assurance,
- protect security and sustainability, and 6) renew and strengthen the Singapore spirit.
- - Read this at SGinvestors.io -
Takeaway # 1: Tech stocks benefit from Singapore’s advanced manufacturing focus
- Building leadership in frontier technologies – with advanced manufacturing as one of the key pillars of National AI Missions – reinforces Singapore’s positioning within high-value segments of global technology supply chains. Budget 2026’s reaffirmation of the S$37bn Research, Innovation and Enterprise (RIE2030) commitment (around 1% of GDP annually) signals sustained policy support for research, advanced manufacturing and knowledge-intensive activities.
- - Read this at SGinvestors.io -
- Potential beneficiaries include semiconductor equipment players such as AEM (SGX:AWX), Frencken (SGX:E28) and UMS (SGX:558), which are exposed to global wafer fab and/or AI-driven capex cycles. As demand for AI chips supports continued investment in semiconductor production, these companies stand to benefit from stronger equipment spending and higher manufacturing activity by their multinational customers. Venture Corp (SGX:V03) is also well positioned to benefit from Singapore’s push into frontier technologies, given its strong R&D capabilities and expertise in high-end, complex manufacturing. Its engineering depth and focus on advanced technology segments place it firmly within high-value global supply chains.
Takeaway # 2: Measures to drive AI adoption underpins Singtel, Capitaland Ascendas REIT.
- Read more at SGinvestors.io.
