Singapore Budget 2016: Firms seek more help on innovation: KPMG poll

Singapore

ALTHOUGH Singapore firms are recognising the pressing need to innovate, they want more help from the government to become future-ready, said a KPMG Singapore report on Wednesday.

According to the audit firm's pre-Budget 2016 poll, 87 per cent of respondents ranked innovation and value creation within the top three areas of importance over the next five years. Still, 81 per cent said there is insufficient support for value-creation activities.