Act now, progress together

Singapore Budget 2025

“Nothing is certain except for death and taxes,” add “change” to the equation. Whether it’s change in global geopolitics, supply chains, technology or other areas, any country will need well-considered Budget measures that embraces such change while encouraging economic growth.

Likewise, any business will need to be not just reactive, but proactive – human led, tech enabled, and agile enough to embrace business transformation and reinvention to meet the future head on.

This Budget, we bring strategic insights for businesses aiming to capitalise on Singapore Budget 2025. It’s time to act now and progress together! Our goal is to support your transformation, equipping you to not only adapt, but to get ahead and stay ahead.

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Singapore Budget 2025 Commentary

Our commentary, 'Act Now, Progress Together', delves into the pivotal announcements and strategic initiatives outlined in Budget 2025. It is structured around the three core pillars that resonate deeply with our national ethos and future aspirations.

As we navigate the complexities of the present and chart our course for the future, let us embrace the spirit of never giving up and seize the opportunities that lie ahead. We can act now and progress together towards a brighter, more inclusive and resilient tomorrow.

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Op-ed

Everybody’s Budget; everybody’s birthday, again

Many business owners will undoubtedly appreciate such a carefully crafted Budget that enhances our technology and innovation engines, while providing respite from costs pressures.

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Prime Minister and Minister for Finance, Mr Lawrence Wong, delivered the Singapore 2025 Budget statement on Tuesday, 18 February 2025 in Parliament.

Marcus Lam

Today’s status quo may not be enough to get us where we need to go tomorrow. We can expect technological disruption, in particularly AI, will continue to compel companies to change the way they operate and deliver value.

Companies that have the flexibility and resilience to keep reinventing themselves – be it through their products and services, business or operating models – will be the ones that succeed. Government and industry support to help companies do this will go a long way as some industries continue to work through short term revenue and resourcing challenges.

Marcus Lam
Executive Chairman, PwC Singapore

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Marcus Lam

Executive Chairman, PwC Singapore

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Lennon Lee

Tax Leader, PwC Singapore

+65 8182 5220

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Patrick Yeo

Markets Leader, PwC Singapore

+65 8218 9225

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Tan Tay Lek

Partner, Corporate Tax, PwC Singapore

+65 9179 2725

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