SBF and KPMG Singapore have proposed a '3E framework' in their joint Budget 2024 proposal to secure Singapore's enduring prosperity amid global uncertainties. The framework focuses on Economic resilience, Environmental sustainability, and Enterprise transformation. Among the recommendations include strengthening the tax regime, introducing incentives for companies affected by the new global minimum tax, enhancing support for local enterprises, and streamlining business rules and processes. Specific measures cover financial support for digitalisation, expanding Environment Social Governance (ESG) expertise, promoting a net-zero future, environmental levies, tax incentives, and support for international trade through an Export-Import Bank.

• Singapore Business Review, 11 January
• ZDNET, 10 January