Budget could focus on digital transformation, productivity

An autonomous robot that can tow garbage bins at Jewel Changi Airport. In recent years, research and development incentives have helped drive the adoption of cutting-edge technologies and innovative business models, tools and applications to engage w
An autonomous robot that can tow garbage bins at Jewel Changi Airport. In recent years, research and development incentives have helped drive the adoption of cutting-edge technologies and innovative business models, tools and applications to engage with customers and vendors.ST FILE PHOTO

Targeted measures such as R&D incentives, tax deductions more likely than one-off rebate

Beyond some pre-election goodies and coronavirus-related relief measures, the upcoming Budget is likely to keep the focus on spending tax dollars where they count.

One of the key focus areas of the Budget will be yet another push towards digital transformation as a means to boost economic productivity and competitiveness.

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A version of this article appeared in the print edition of The Straits Times on February 10, 2020, with the headline 'Budget could focus on digital transformation, productivity'. Print Edition | Subscribe