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    Singapore set for US$12 billion surplus as Wong unveils AI ambitions in budget

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    Source: South China Morning Post
    Published: 2026-02-12 19:30 UTC+10:00
    Section: General
    Factuality Score: 100
    Opinion Category: Neutral
    Topics: Military & Defence, Technology & AI, Economy & Finance, Tax & Budget, World News, Business & Economy, War & Conflict, Asia Pacific
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    Snippet:
    PM Lawrence Wong says while defence spending will be kept at about 3 per cent of GDP, Singapore is prepared to spend more if the need arises
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