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Singapore’s Budget 2025 isn’t just about more cash in your wallet - it’s about how to design strategic measures to support our local companies.

With a strong focus on financial relief, workforce transformation, and technological advancement, these initiatives are set to benefit small and medium enterprises (SMEs) in numerous ways.

Click on the button to see how the Budget 2025 can help SMEs tap on growth opportunities:

Of course, there is also this bold plan to revive the SGX stock market as well.

At the time of writing this, MAS has just unleashed a S$5 billion programme designed to boost liquidity and rally fund managers to invest in local companies:

• Tax incentives for IPOs - companies listing locally can enjoy a 20% corporate tax rebate (or 10% for secondary listings)

• Lower tax rates for fund managers who invest heavily in Singapore stocks

• Min. $50 million must be deployed by Family Officies into qualifying SG investments

• Expand the research development grant scheme under its Grant for Equity Market Singapore (Gems) - lets hope we get to work with the government to bring more local stocks coverage to you too 🤭

• Streamline IPO process and many more…

Can these measures turn the tide and "Make Singapore Great Again?" Only time will tell!

Nonetheless, I have included 3 analyst reports which outlined the SG stocks that could benefit from all these. Go check out our “Free Tool of the Week” section below…

Moving on, here are the news that shocked the world…

Amazon: There’s a new sheriff in town. Amazon’s latest quarterly revenue of US$188 billion was bigger than Walmart’s US$181 billion for the first time. [Read More]

Intel: Intel’s share price rose by 16% as rumors circulate about potential acquisition by Broadcom and TSMC [Read More]

Palantir: CEO Alex Karp is planning to sell US$1.2 billion worth of Palantir stocks [Read More]

Apple: Apple is launching a cheaper iPhone 16e that has AI intelligence to recoup back lost market share in India and China [Read More]

Bumble: Bumble is bumbling down as share price dropped by 28% as the company forecasts a weak financial quarter ahead [Read More]

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Here are the news covering the Asia market…

Alibaba: Alibaba’s share price jumped by 8% after its 4Q 2024 financial results exceeded expectations. Revenue jumped by 13%. [Read More]

Singapore Airlines: Earnings for 3Q 2025 are up by a whopping 147% to SG$1.6 billion mainly due to gains from the disposal of Vistara [Read More]

Genting Singapore: Genting’s profits are down by 5% to SG$579 million for 2024 driven by weakness in its non-gaming business segment [Read More]

Wilmar: Wilmar reported a dip of 39% in its profits for 2H 2024, bringing 2024’s decline to 23%. Weak sugar merchandising business was a drag. [Read More]

Seatrium: Seatrium is finally profitable since 2017 as it generated a profit of SG$157 million as its orderbook increased by 43% for the year [Read More]

See below for our handpicked analyst reports:

The world is big. No, this is not a ‘your mama so fat’ joke.

It is no surprise that the U.S. was the biggest market for IPOs. Despite the ongoing U.S.-China tensions, Chinese companies still want to list themselves in the U.S. markets.

But what’s surprising is India. In 2024, it generated IPO proceeds of US$20 billion, surpassing Europe and Hong Kong / China.

Guess the biggest IPO in the Indian market? 3 … 2 …. 1

It’s South Korean company, Hyundai Motor. It raised Rs.27,870 crore or about US$3.2 billion, making it the biggest IPO.

If you didn’t know, India’s population of 1.44 trillion has recently exceeded China’s 1.41 trillion. It has also been relatively removed from the U.S.-China trade tensions, which makes it an attractive market to list in.

However, something is amiss here. Where is Singapore?

In 2024, the SGX had its lowest number of listings of 4 IPOs - the lowest since 2011 and also in the whole of Southeast Asia.

Let’s hope 2025 will be a better year and the recent Singapore Budget can reinspire confidence in the markets.

I got the scoop! Not ice cream but the scoop on Singapore’s Budget 2025!

Honestly, i think we are on a good headstart - check out the 3 analyst reports below for more juicy stock ideas:

Hope the above is fruitful for you all!

Cheers,
James Yeo