SBF and KPMG jointly proposed measures for Budget 2024 to sustain Singapore's position as a business hub and enhance company productivity and competitiveness. The recommendations focus on tax incentives to attract investments amidst global tax rule changes, digitalisation support, and addressing cybersecurity, AI adoption, and ESG concerns. Suggestions also include tailored grants for digital transformation, employee upskilling, and revising foreign worker quotas. Additionally, initiatives to foster overseas trade for small businesses, establish green finance initiatives, and prioritise sustainability were emphasised. Notably, SBF stressed the importance of ESG not just as a compliance measure but as a competitive edge for businesses. 

• The Straits Times Online, 9 January
• The Business Times Online, 8 January
• CNA Online, 8 January
• Zaobao Online, 8 January
• Berita Harian Online, 8 January
• The Edge Online, 8 January
• AsiaOne, 8 January
• Malay Mail, 8 January
• Berita Mediacorp, 9 January
• The Straits Times, 9 January
• The Business Times, 9 January
• The Business Times, 9 January
• CNA, 8 January
• Lianhe Zaobao, 9 January
• Berita Harian, 9 January