Sharing some news—Singapore’s AI policies
https://www.cnbc.com/amp/2026/02/12/singapore-2026-budget-ai-measures-ai-support-workers-companies.html Hi, everybody. At first, I’m here to say Happy Lunar New Year! Then, let’s talk about the latest AI policies mentioned by Singapore Prime Minister Lawrence Wong. In the parliament, Wong said that he is going to make AI more accessible to enterprises and citizens by a few ways. Establishing a new AI council will be a way, more programs providing aids, free AI tools and AI skills courses, tax deduction of specific AI expenditures to companies will be other ways.These not only help entrepreneurs transform their business but also help workers be more efficient in workplaces with AI skills. What’s more, Singapore is going to invest more funds (about 1.18 billion USD) in the stock market. This fund is also used to develop fund management industry and to help more high-growth firms go public and establish a dual-listing bridge connecting Singapore’s stock market and Nasdaq. As for Singapore’s fiscal position, with constitution rules that the budget should be balanced, and only the president can approve to use the reservation (it only happened during 2008 global financial crisis and 2019 Covid-19 epidemic) , Singapore has a lot of reservations, and it predicts a surplus of SG 8.5 billion dollars in 2026. Moreover, Singapore predicts that asset-related revenues collection will be higher in 2026. In my opinion, Singapore is a country with prudent, comprehensive and advanced development plans and goals, and that’s why it is small but powerful. In the era that AI is developing so fast, I believe it’s time that our government make more comprehensive and prudent plans and goals to AI development. Haha thank you for reading all of this~ Happy Lunar New Year!