Singapore Budget 2026


Watch the special MONEY FM 89.3 SG Budget Conversations panel

Ryan Huang speaks with the following panellists to unpack early signals from Budget 2026 – covering business sentiment and AI adoption to SME support, workforce transformation and the balancing act between stronger wages and long-term competitiveness.

Panellists:

  • Shawn Huang, Senior Parliamentary Secretary for Finance & Manpower
  • Lee Sze Yeng, Managing Partner, KPMG in Singapore
  • Ang Yuit, President at ASME
  • Max Loh, Vice-Chair, Singapore Institute of Directors

 


Singapore Institute of Directors (SID) and KPMG in Singapore are pleased to continue their collaboration for the second year with the Singapore Budget 2026 proposal, titled “Prospering in a New Global Landscape.” 

As the global economy grows more complex, few nations can afford to chart their path alone. For Singapore, prosperity will hinge on forging and sustaining strategic connections across markets, technologies and talent ecosystems to stay competitive and resilient.

The SG Budget 2026 proposal outlines three strategic priorities to strengthen Singapore’s position as a critical hub for global flows:

  • A new global order: Resilience as a pivotal growth strategy
    As a trusted hub, Singapore continues to attract businesses and investors with its connectivity, credibility and global leadership. However, with the global economy becoming more complex and differentiated – with supply chains, standards and markets increasingly shaped by geopolitics and technology – Singapore must embrace resilience as a pivotal growth strategy, rather than simply viewing resilience as a response to emerging challenges. This will be crucial for reinforcing Singapore’s hub status in the new global order.

  • The Intelligent Age: Smart solutions for an innovative era
    The world is entering a new epoch – the Intelligent Age – characterised by the convergence of advanced technologies, ubiquitous data and human ingenuity. Beyond digital transformation, this era marks an exponential shift in how businesses operate, compete and create value. Singapore is uniquely placed to lead this transformation, but must move from experimentation to enterprise wide innovation. By strengthening governance, advancing digital trust, and investing in capability building, the Budget can catalyse responsible AI adoption and enterprise led innovation anchored in accountability and long-term resilience.

  • Next-Gen talent: Empowering tomorrow’s leaders today
    In this Intelligent Age, Singapore is redefining the competencies its workforce must possess to position itself as a global leader and drive sustainable growth. Budget 2026 presents a strategic opportunity to accelerate the skills shift by embedding next-gen capabilities across the workforce and cultivating leaders, including board directors, who are equipped to navigate volatility, drive transformation and meet evolving national, regional and global demands. By future proofing talent and advancing equitable growth, Singapore can remain competitive, cohesive and inclusive in an increasingly intelligent and sustainable world.

 

VIEW SINGAPORE BUDGET 2026 PROPOSAL

View press release

 

To better understand the challenges and opportunities shaping Singapore’s business landscape, SID and KPMG in Singapore conducted a joint survey of 1,000 local business leaders and professionals in 2025. The findings reinforce the three strategic priorities identified in our Budget 2026 proposal – a New Global Order, the Intelligent Age and Next-Gen Talent – that underpin our recommendations for the year ahead.

View insights from SID-KPMG Survey

 

SID KPMG Post-Budget 2026 Insights event, 3 March 2026: Panel Discussion
Terence Quek, CEO, SID,  Ajay Sanganeria, Partner, Head of Tax, KPMG, Annie Koh, Professor Emeritus of Finance (Practice), Lee Kong Chian School of Business, SMU, Ooi Huey Tyng, Chair, Risk Management Committee, AIG AP; Chair, Nominating and Remuneration Committee, Maxis Berhad, Serene Sia, Country Director, Google Cloud Singapore & Malaysia

 

SID KPMG Post-Budget 2026 Insights event, 3 March 2026: Welcome address by Max Loh, Vice-Chair, SID