Budget 2023

SINGAPORE - Offering incentives for early-stage investments in climate tech solutions and schemes to refine capital risk charge with respect to green ...

There is also a need to invest in upskilling programmes for employees that also touch on interpersonal and non-technical skills, such as problem solving, creative thinking, innovation and emotional intelligence, to navigate increasing complexities. To avoid these taxes, SIngapore exporters would need to demonstrate that their production processes in Singapore or imported materials meet the required environmental standards. It noted that businesses should not be subject to additional goods and services tax (GST) if they choose to trade in DPTs, something that traders of other financial instruments are not subject to.