21 Mar 2016   

ISCA CEO, Mr Lee Fook Chiew, was interviewed by The Business Times on the question of "As a business leader, what would you like to see in the upcoming budget?" This is what he has to share: 

To remain competitive, Singapore businesses must seek new growth avenues, including venturing overseas. The ISCA Pre-Budget 2016 survey showed that accounting firms and the business community are aware of the government’s internationalization schemes. The respondents wish for greater support in facilitating access to overseas markets, and acquiring knowledge on overseas regulatory and tax regimes.
 
The formation of the Asean Economic Community is expected to lead to increased regional economic activities, along with added demand for accountancy services. The accountancy sector has been investing in human capital development to broaden and deepen the talent pipeline so as to tap such opportunities. In this regard, at the national level, the SkillsFuture scheme is laudable for encouraging continuous learning, with more pathways for professional development. We look forward to more of such initiatives.

- Lee Fook Chiew, Chief Executive Officer, Institute of Singapore Chartered Accountants (ISCA)

First published in "Views From the Top" in The Business Times on 21 March 2016