The Singapore Business Federation (SBF) has expressed its disappointment over the "underwhelming" short-term measures announced in the Budget to help companies. The federation's main concern is over the "inadequate" short-term support to lower business and compliance costs, an issue which the business community has raised repeatedly. It is natural for businessmen to focus on the present. However, this year's Budget has to accommodate not just Singapore's near-term needs, insistent as they are, but also the demands of preparing the nation for potentially destabilising changes lying in wait around the corner.
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