23 JANUARY 2026

What Singapore Businesses Are Calling For in Budget 2026

 

Ahead of Budget 2026, SBF and PwC have submitted 18 recommendations across five priority areas to strengthen Singapore’s economic resilience and unlock new growth. Grounded in business surveys, industry feedback and insights from national economic reviews, the proposals address IP financing, decarbonisation, senior employment, targeted access to foreign manpower, and regional integration as Singapore prepares to assume the ASEAN Chair in 2027.

While Singapore posted strong growth in 2025, SBF cautioned that external uncertainties and rising cost pressures — including higher carbon taxes — underscore the need for forward-looking, pro-enterprise policy support.

 

WHAT'S NEW

Practical Benchmark for Workforce Growth

 

SBF has spotlighted the Singapore Opportunity Index (SOI) as a practical benchmarking tool for employers to strengthen career progression and workforce development. Developed with government and academic partners, the SOI helps businesses assess human capital practices and respond to evolving talent needs—reinforcing SBF’s commitment to responsible employment and building resilient, competitive organisations.


 

SMART-ENABLED

Are You Ready For Disruptions?

In support of Exercise SG Ready 2026, SBF is collaborating with the Ministry of Defence to strengthen business resilience. SBF, together with partners including Mapletree Management, will co-organise a Total Defence tabletop exercise and a phishing simulation to help businesses, including SMEs, test preparedness for digital, power and operational disruptions across key sectors.

 

The SBF website will be placed under maintenance on 1 February, from 4:00pm to 5:00pm, in support of Exercise SG Ready 2026.

 

 

 

SUSTAINABILITY-CENTRIC

New SEFR Update Gives Businesses Clearer Emissions Insights

SBF has updated the Singapore Emission Factors Registry (SEFR) with 94 new Singapore-specific factors, now totalling 319. Covering key service sectors like cleaning, security, professional services, and ICT, the enhanced SEFR enables more accurate Scope 1, 2, and partial Scope 3 reporting. It provides businesses with practical insights to improve compliance, operational efficiency, and decarbonisation efforts.


 

 

TRAININGS BY SBF BUSINESS INSTITUTE

[03 February 2026]

 

[05 February 2026]

 

[05 - 06 February 2026]

 

[06 February 2026]

 

[11 February 2026]

 

[12 February 2026]