The bigger economic story is what the Government does with its recurring fiscal capacity. FY2026 already includes substantial support for businesses and households, including enhanced corporate tax relief and InvoiceNow adoption grants.
For SMEs, the real opportunity is therefore not a one-off “windfall”, but policies that lower transformation costs, accelerate digitalisation and protect cash flow. For investors, I would watch productivity, business investment and corporate earnings rather than simply assuming forfeited assets will translate into higher spending.
In short: **S$3B strengthens the balance sheet; sustainable growth determines the long-term payoff.**
@Tiger_SG [得意]
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