"Setting the Scene for a Future Singapore" represents the need for measures to remake Singapore while transforming our economy and society for a brighter future.

With this theme in-mind, our pre-Budget research this year investigates the concerns that Singapore-based businesses may have in the context of a volatile global macroeconomic environment, even as ongoing productivity initiatives in the domestic economy gather pace.

Between November and December 2015, KPMG conducted a series of focus groups with business leaders. This was supplemented by a poll of 106 companies, comprising small and medium enterprises (SMEs), large Singapore companies and foreign multinational companies (MNCs).

We hope that the insights gleaned from our research can play a part in the formulation of more targeted and focused policies in line with the aims articulated by the Committee for the Future Economy.