PRE-MARKET SINGAPORE STOCK NEWS: Singapore PM Wong confirmed in his Budget speech on Thursday that the government will invest SGD 37bn in tech and AI incentives for businesses under the five-year Research, Innovation and Enterprise 2030 plan

Singapore's commitment to invest SGD 37 billion in tech and AI over the next five years signals a strong push towards innovation, which could enhance its economic competitiveness.

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PRE-MARKET SINGAPORE STOCK NEWS: Singapore PM Wong confirmed in his Budget speech on Thursday that the government will invest SGD 37bn in tech and AI incentives for businesses under the five-year Research, Innovation and Enterprise 2030 plan

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Singapore PM Wong confirmed in his Budget speech on Thursday that the government will invest SGD 37bn in tech and AI incentives for businesses under the five-year Research, Innovation and Enterprise 2030 plan.

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US and Taiwan signed a reciprocal trade agreement with Taiwan to eliminate or reduce 99% of tariff barriers on US goods, while the US confirmed a 15% tariff rate on Taiwanese goods. (Newswires)

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This investment is likely to attract foreign capital and could invigorate local tech sectors, impacting equities and currency performance in the region.

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