This includes nurturing trust and accountability across the business ecosystem, from multinational corporations to small and medium enterprises (SMEs), as well as stimulating greater organic innovation through research and development, supported by incentives and green financing, to further drive this transformation.
In a joint Budget 2025 proposal, KPMG and the Singapore Institute of Directors (SID) have articulated a blueprint to secure Singapore’s position as a global leader in attracting talent, driving investments, and fostering innovation. By leveraging the nation’s capital markets and enhancing corporate governance, the proposal envisions a transformative ripple effect that will bolster the economy and ensure Singapore remains competitive on the global stage.
Titled “Designing Singapore’s future together: Ready, refreshed and resilient for tomorrow”, a key component of the proposal is to enhance corporate governance standards to build investor confidence, positioning enterprises as global benchmarks for integrity and transparency.
