Singapore, February 24, 2026 — Singapore is doubling down on creating globally competitive, innovation-led businesses. This is evident in the announcement of the Singapore Budget 2026, which included improvements to the Market Readiness Assistance (MRA) Grant, increased support under the Double Tax Deduction for Internationalisation (DTDi) Scheme, high support levels for internationalisation grants, and the launch of the Champions of AI Program.
The government is indicating significant support for businesses growing abroad and entering new markets with grant support of up to 70% for SMEs, an increased DTDi ceiling of $400,000, and improvements to the Enterprise Financing Scheme.
The proper cross-border financial infrastructure will be essential for companies looking to benefit from these policies. Singapore-based companies who manage foreign receivables, payables, and treasury operations across several regions are already supported by Payoneer, a worldwide financial technology platform that serves multi-entity SMBs and corporations.
Many Singaporean businesses are becoming multi-entity companies with more intricate financial and operational needs as they expand outside of their home markets. The emphasis on global expansion and AI-powered change in Budget 2026 highlights the necessity of infrastructure that permits companies to function seamlessly across national boundaries.
Crossing Boundaries: Setting Up Infrastructure for Multi-Entity Development
Complexity rises as Singaporean businesses expand regionally, from managing several legal entities and currencies to supervising cross-border payables, receivables, and treasury visibility. Businesses will need more than just financial support to properly benefit from the expanded Double Tax Deduction for Internationalisation program, the improved Market Readiness Assistance Grant, and the larger loan amount under the Enterprise Financing Scheme. They require a cross-border, integrated financial infrastructure designed for multi-entity SMBs and businesses with more complex operating requirements.
These companies may pay suppliers and partners worldwide, collect in numerous currencies, manage cash across entities, and centralise financial visibility on a single platform with Payoneer, which eases the process of entering new markets backed by Budget 2026 initiatives.
Innovation in Practice: Future-Ready and AI-First Commerce
The next stage of corporate growth will be influenced by intelligent systems and modernised financial rails, as Budget 2026 highlights Singapore’s goal to become an AI-powered economy through the National AI Council, the Champions of AI program, and increased access to AI tools.
The goal of Payoneer’s ongoing investments in AI-driven capabilities, enhanced platform infrastructure, and innovations like stablecoin-enabled solutions is to increase the use, flexibility, and global reach of money. This guarantees that companies may maximise working capital, transfer funds across borders more quickly, and react quickly to global possibilities.
Budget 2026 and the Case for Modern Cross-Border Infrastructure
Singapore SMEs and high-growth companies’ aspirations to expand internationally are expected to be accelerated by the measures unveiled today, which include corporate tax refunds, enhanced enterprise grants, strengthened equity market development, and new finance support for growth-stage companies. The capacity to effectively handle financial complexity becomes crucial as more businesses join regional and international markets under Singapore’s updated economic strategy.
In this context, financial infrastructure serves as a growth enabler rather than a back-end function. Businesses that operate across several entities and jurisdictions are currently supported by Payoneer’s platform, which enables them to grow with assurance while preserving operational flexibility and clarity.
Payoneer supports the underlying financial infrastructure that these companies rely on by aligning with Singapore’s drive to create globally competitive, innovation-led businesses. This allows for faster cross-border capital flows, centralised treasury management, and increased operational agility as these businesses expand internationally.
Nagesh Devata, SVP of APAC at Payoneer, stated, “Budget 2026 reinforces Singapore’s ambition to scale globally competitive, innovation-driven businesses. As companies expand across markets, they need financial infrastructure that matches their complexity. Payoneer is already enabling multi-entity businesses to manage cross-border operations seamlessly, with future-ready capabilities built for global growth.”
