luv2trade
2023-02-16
Keeping a long-term focus, Singapore announced measures to promote innovation by topping up the national productivity fund by S$4 billion. Businesses will enjoy tax deductions of up to 400% (previous 250%) of qualifying innovation expenditure under the new Enterprise Innovation Scheme. This brings positives for companies that invest in R&D, for instance $AEM HOLDINGS LTD(AWX.SI)$ ,$VENTURE CORPORATION LIMITED(V03.SI)$,$UMS HOLDINGS LIMITED(558.SI)$, $ISDN HOLDINGS LIMITED(I07.SI)$ and $Nanofilm(MZH.SI)$ @Tiger_SG

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