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Transforming our Economy through Enterprise and Innovation
1. Addressing Near-
Term Concerns
Assessment of the
Singapore Economy
Transforming
Enterprises
Transforming
Industries
Transforming
through
Innovation
3. Supporting
Our People
through Change
•	 Continued Fiscal
Support
•	 Corporate Income
Tax Rebate
•	 Special Employment
Credit
•	 SME Loan Assistance
•	 Revitalisation of
Shops Scheme
•	 Foreign Worker Levy
Changes
•	 Near-term cyclical
weaknesses
•	 Medium-term
challenges and
opportunities
•	 Business Grants
Portal
•	 Automation
Support Package
•	 Financing and
Tax Incentives to
Support Scale-Ups
•	 Support for
Internationalisation
•	 National Trade
Platform
•	 Leveraging New
Technologies
•	 Increasing
outreach through
Trade Associations
and Chambers
•	 Deepening
Innovation
Capabilities
•	 Strengthening
Innovation
and Enterprise
Networks
•	 Jurong Innovation
District
Investing in
SkillsFuture
Helping Our People
to Adjust
•	 Adapt and Grow
Initiative
Enabling Our
People to Seize
New Opportunities
•	 TechSkills
Accelerator
2. Industry Transformation Programme
Integrated · Sector-focused · Partnerships · Technology
Partnering
Future
for the
Building a Caring and Resilient Society
2. Caring for Our Low Wage Workers
and Persons with Disabilities
1. Caring For Our Young
3. Caring for our Seniors
4. Other Measures Affecting Households
5. Building a Caring Society
•	 Enhancements to Workfare
•	 Supporting Persons with
Disabilities at Work
Supporting Families with Children
•	 Child Development Account
First Step Grant
•	 KidSTART
•	 Fresh Start Housing Scheme
Building Resilience in our Youth
•	 National Outdoor Adventure
Education Masterplan
•	 Implementation of Silver Support Scheme
•	 Community Networks for Seniors
•	 Public Assistance and
Singapore Allowance
•	 GST Voucher
•	 Service & Conservancy Charges
Rebate
•	 Personal Income Tax Relief Cap
•	 Business and Institutions of a Public
Character Partnership Scheme
•	 Supporting Community Chest Giving
•	 Our Singapore Fund
Partnering
Future
for the

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Budget Summary FY2016

  • 1. Transforming our Economy through Enterprise and Innovation 1. Addressing Near- Term Concerns Assessment of the Singapore Economy Transforming Enterprises Transforming Industries Transforming through Innovation 3. Supporting Our People through Change • Continued Fiscal Support • Corporate Income Tax Rebate • Special Employment Credit • SME Loan Assistance • Revitalisation of Shops Scheme • Foreign Worker Levy Changes • Near-term cyclical weaknesses • Medium-term challenges and opportunities • Business Grants Portal • Automation Support Package • Financing and Tax Incentives to Support Scale-Ups • Support for Internationalisation • National Trade Platform • Leveraging New Technologies • Increasing outreach through Trade Associations and Chambers • Deepening Innovation Capabilities • Strengthening Innovation and Enterprise Networks • Jurong Innovation District Investing in SkillsFuture Helping Our People to Adjust • Adapt and Grow Initiative Enabling Our People to Seize New Opportunities • TechSkills Accelerator 2. Industry Transformation Programme Integrated · Sector-focused · Partnerships · Technology Partnering Future for the
  • 2. Building a Caring and Resilient Society 2. Caring for Our Low Wage Workers and Persons with Disabilities 1. Caring For Our Young 3. Caring for our Seniors 4. Other Measures Affecting Households 5. Building a Caring Society • Enhancements to Workfare • Supporting Persons with Disabilities at Work Supporting Families with Children • Child Development Account First Step Grant • KidSTART • Fresh Start Housing Scheme Building Resilience in our Youth • National Outdoor Adventure Education Masterplan • Implementation of Silver Support Scheme • Community Networks for Seniors • Public Assistance and Singapore Allowance • GST Voucher • Service & Conservancy Charges Rebate • Personal Income Tax Relief Cap • Business and Institutions of a Public Character Partnership Scheme • Supporting Community Chest Giving • Our Singapore Fund Partnering Future for the