Singapore Budget 2025
Singapore Institute of Directors (SID) and KPMG in Singapore are pleased to collaborate for the first time on the Singapore Budget 2025 proposal, titled "Designing Singapore's future together: Ready, refreshed and resilient for tomorrow." As Singapore navigates the complexities of 2025 and beyond, staying competitive in a rapidly evolving global landscape requires decisive action. This framework highlights the nation's pathway to:
- Ready: Leading with sustainable impact to drive the green transition.
- Refreshed: Uplifting the workforce through innovative skills and adaptable policies.
- Resilient: Accelerating innovation and fortifying digital capabilities for global competitiveness.
The Proposal charts strategic recommendations to position Singapore as a global leader in value creation, emphasising the nation’s ability to attract talent, investments, and innovation while leveraging the capital markets to generate a cascading impact across the economy. Transformational changes initiated within the capital markets will enable Singapore enterprises to align with these shifts, fostering their growth and driving Singapore’s collaborative, long-term ambitions.
A key component of this vision is enhancing corporate governance standards to build investor confidence, positioning enterprises as global benchmarks for integrity and transparency. By nurturing trust and accountability across the business ecosystem – from multinational corporations to small and medium enterprises (SMEs) – Singapore can lay the foundation for inclusive, sustained growth. In addition, we recommend stimulating greater organic innovation through research and development, supported by incentives and green financing, to further drive this transformation.
View Singapore Budget 2025 Proposal
View press release