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ANNUAL REPORT 2012Scan QR code with your mobile device to
connect to SBF’s website.
CONTENTSAbout Us 01 2012 Facts & Figures 02Chairman’s Message 04
FEDERATION PROFILEBoard of Trustees 06Council Members 07SBF Committees & SME Committee 13SBF Secretariat – Management Team 14
SBF TURNS 10 16 A Decade of Serving the Business Community 20
YEAR IN REVIEWBusiness Voice Representation 24Business Networking & Facilitation 34Capacity Building
Business Continuity Management 46Human Capital, Mentorship & Productivity 48Sustainable Development Business Group 50Global Asia Hub Programme 51
SBF’s Overseas Partners 54List of Activities 57
OUR BEGINNINGS• Inthelate1990s,amidtherapidlychanging
globaleconomicandbusinesslandscape,thegovernment,inconsultationandwiththesupportofbusinessleaders,calledforamorecomprehensiveorganisationandrepresentationoftheSingaporebusinesscommunity.
• WiththepassingoftheSBFActbyParliamentinJuly2001,allSingapore-registeredcompanieswithapaid-upsharecapitalof$0.5millionandabovebecamemembersoftheSingaporeBusinessFederation(SBF).LocalchambersofcommerceandindustryrepresentingtheinterestsandwelfareoflocalorforeignbusinessgroupsjoinedasConstituentMembers.
• SBFwasestablishedon1April2002andofficiallylaunchedbythethenPrimeMinisterGohChokTongon11April2002.
OUR OBJECTIVES• Toenhancetheorganisationofthebusiness
communityinSingapore.
• Torepresent,advance,promoteandprotect,inSingaporeandabroad,themajorbusinessinterests(suchasinvestment,tradeopportunitiesandlabourmanagement)ofbusinessentitiescarryingoncommerceandindustryinSingapore.
OUR VISION TobetheapexbusinesschamberchampioningtheinterestsofthebusinesscommunityinSingaporeintrade,investmentandindustrialrelations.
OUR MISSION ToactasthebridgebetweenthegovernmentandbusinesscommunityinSingaporetocreateandenhanceaconducivebusinessenvironment.
SBFrepresentsthebusinesscommunityinbilateral,regionalandmultilateralforaforthepurposeofpromotingtradeexpansionandbusinessnetworking.
ASSIST COMPANIES TO ACCESS GLOBAL OPPORTUNITIES
BUILD RELATIONS
BETWEEN BUSINESS AND GOVERNMENT
TO ENHANCE A PRO-ENTERPRISE
BUSINESSENVIRONMENT
SUPPORT BUSINESS
COMPETITIVENESSTHROUGH CAPACITYBUILDING
GLO
BAL BUSINESS G
ROU
P
MEM
BER
REL
ATIONS & SERVICES GR
OU
P
CA
PA
CITY BUILDING GROU
P
STRUCTURE TO SUPPORT
MISSION
STRATEGIC FOCUS
SINGAPORE BUSINESS FEDERATION ANNUAL REPORT 2012 01
MANUFACTURING
SERVICESCONSTRUCTION
OTHERS
BANKING & INSURANCE
LOGISTICS & TRANSPORTATION
PROFESSIONAL SERVICES
REAL ESTATE ACTIVITIES
RETAIL TRADE
IT & RELATED SERVICES
HOTELS & RESTAURANTS OIL & GAS
WHOLESALE TRADE
BYINDUSTRY
BYPAID-UP/AUTHORISED
SHARECAPITAL
MEMBERSHIP PROFILE
As of 31 December 2012, the Federation had more than 19,000 corporate members, with SMEs comprising 70% of the membership base.
38% 40%
15%
7%
26%
16%
12%9%
8%
8%
7%
3%3%
3%
1%2%
2%
$10M & ABOVE
$1M TO LESS THAN $5M
$5M TO LESS THAN $10M
$0.5M TO LESS THAN $1M
117 IN-COMING DELEGATIONS
FROM MORE THAN 50 COUNTRIES
470 EVENTS & ACTIVITIES
MORE THAN
70,000 PARTICIPANTS
SINGAPORE BUSINESS FEDERATION
2012FACTS & FIGURES
21 OUT-GOING BUSINESS MISSIONS
TO 24 COUNTRIES
MESSAGEFROMTHECHAIRMAN
2012wasabreakthroughyearforSBF.Ittookonamoreprominentroleinbusinessadvocacy,engagingitsmembersandthegovernmentonissuesthatimpactedSingaporebusinesses.
TheFederationinauguratedseveralkeyinitiativesduringtheyear,suchastheformationoftheSMECommitteetolookintotheconcernsandaspirationsofsmallandmedium-sizedenterprises.EightofitsrecommendationsforSingaporeBudget2012wereacceptedbythegovernment.
SINGAPORE BUSINESS FEDERATION ANNUAL REPORT 201204
Manpower,productivityandrisingbusinesscostscontinuetobekeyconcernsforbusinesses.TheFederationheldnumerousconsultationswithmembersandgovernmentagenciesduringtheyearthatconcludedintheSMEConventioninOctober,whereActingMinisterforManpowerMrTanChuan-Jinengagedthebusinesscommunityinadialogueonmanpowerissues.SBFwasalsoinvitedtobeamemberoftheNationalProductivityandContinuingEducationCouncil,chairedbyDPMTharmanShanmugaratnam,togalvanisethenationalefforttoboostskillsandenterpriseproductivity.
SBFwasprivilegedtobeinvitedbytheNationalPopulationandTalentDivisioninthePrimeMinister’sOfficetoprovideaPositionPaperonPopulation,citingthebusinesscommunity’sperspectiveonworkforcematters.OurPositionPaperreiteratedtheimportanceofsustainingapoolofhighqualitymanpowertocontinuedrivingSingapore’seconomyandcompetitiveness.
Duringtheyear,theFederationorganisedandsupportedsome470eventsandactivitiesthatwereattendedbymorethan70,000participants.Itled21businessmissionsoverseas,withspecialfocusonMyanmarandAfrica.Italsoreceived117incomingbusinessandofficialdelegationskeentoexploretradeandinvestmentopportunitieswithmembers.
Aspartofits10thanniversarycelebrations,SBFputtogetheraseriesofhigh-leveleventsthroughouttheyearthatconcludedwithaGalaDinnerinrecognitionofadecadeofservicetoitsmembers.TheFederationorganisedabusinessdialoguewithEmeritusSeniorMinisterGohChokTong,andalsoarrangedforitsmemberstobeupdatedontheglobaleconomicoutlookbyexecutivesfromTemasekHoldings.
TheGESBusinessLeaders’SummitandtheRussiaSingaporeBusinessForumcontinuetoholdgreatinterestfor‘C’levelexecutives,enablingthemtoconverge,exchangeviewsandsharegrowthstrategies.
Duringtheyear,theFederationwelcomedMsFangAiLianasthenewChairmanoftheSBFBoardofTrusteesandMrLucienWongasMember.IthankMrSatPalKhattarforhisleadership,invaluableguidanceandgreatcommitmentduringthe10yearsthatheservedasMemberandChairmanoftheBoardofTrustees.
Anewcouncilwaselectedatthe10thAGMforthe2012–2014term.IwouldliketotakethisopportunitytothankMrDesmondHill,immediatePast-President,SingaporeContractorsAssociationLtdforservingontheCouncil.IwouldalsoliketowelcomeMrGrahamLee,President,AustralianChamberofCommerce(Singapore),andMrShankerIyer,ChairmanSingaporeInternationalChamberofCommerceasnewmembersoftheSBFCouncil.
DuringtheAGM,membersconsentedtotheformationoftheSBFFoundationwhichaimstohelplowerwageworkers,assistmembersincorporatesocialresponsibilityandsustainabilityefforts,andspurcorporatephilanthropy.
Inthenextphaseofitsdevelopment,SBFaimstobeastrongervoiceandvaluecreatorbridgingthebusinesscommunityandgovernmentforthelongertermgrowthofSingapore.IurgememberstogivetheirfullsupporttotheFederation’sinitiativestoservethembetter. Tony Chew Leong-Chee
Chairman Singapore Business Federation
SBF was privileged to be invited by the National Population and Talent Division in the Prime Minister’s Office to provide a Position Paper on Population, citing the business community’s perspective on workforce matters.
SINGAPORE BUSINESS FEDERATION ANNUAL REPORT 2012 05
FEDERATIONPROFILEBOARD OF TRUSTEES
AsprescribedbytheSBFAct2001,theBoardofTrusteesisresponsibleforensuringthat:
• TheSingaporeBusinessFederationactsinfurtheranceofitsobjectsassetoutintheActandinitsConstitution;
• ThefundsandassetsoftheFederationareproperlyaccountedforandsafeguarded;and
• ThepersonswhoaremembersoftheCouncilarefitandpropertoholdsuchoffice.
TheMinisterforTrade&IndustryhasappointedMrs.FangAiLianastheChairman.Mrs.TheresaFoo-YoMieYoenandMr.LucienWongaretheothertwomembersoftheBoard.
FANG AI LIAN Chairman
• Chairman,GreatEasternHoldings–Group
• BoardMember,Oversea-ChineseBankingCorporationLimited
• BoardMember,SingaporeTelecommunicationsLimited
• BoardMember,BanyanTreeHoldingsLimited
• BoardMember,MetroHoldingsLimited
• BoardMember,MediaCorpPrivateLimited
• ChairmanofCharityCouncil
THERESA FOO-YO MIE YOEN Member
• Chairman,TheEsplanadeCoLtd
• Chairman,GardensbytheBay
• Chairman,BritishMalayanTrusteesLtd
• Chairman,VivaFoundationforChildrenwithCancerLimited
• Member,SingaporeBusinessAdvisoryConsultants&Council
• Member,IncomeTaxBoardofReview,MinistryofFinance
• Member,BoardofTrusteesofSingaporeNationalEmployersFederation
• BoardDirector,EcquariaLimited
LUCIEN WONG Member
• ChairmanandSeniorPartnerofAllen&GledhillLLP,Advocates&Solicitors,Singapore
• Director,HapSengPlantationsHoldingsBerhad
• Director,SingaporeAirlinesLimited
• Director,SingaporePressHoldingsLimited
• Director,SingaporeHealthServicesPteLtd
• Chairman,MaritimeandPortAuthorityofSingapore
SINGAPORE BUSINESS FEDERATION ANNUAL REPORT 201206
TONY CHEW LEONG-CHEE Chairman
• ExecutiveChairman,AsiaResourceCorporation
• Chairman,KFCVietnamandMacondray&CoInc
• IndependentDirector,KeppelCorporation
• GoverningBoardChairman,Duke-NUSGraduateMedicalSchool
• GoverningBoardMember,EconomicResearchInstituteforASEAN&EastAsia
• Member,NationalProductivityandContinuingEducationCouncil
• Member,EnterpriseDevelopmentAdvisoryCouncil
• Member,ChineseDevelopmentAssistanceCouncil
• Adviser,SingaporeInstituteofInternationalAffairs
• ConferredPublicServiceStarin2008
ABDUL ROHIM SARIP PBM ViceChairman
• President,SingaporeMalayChamberofCommerce&Industry
• LawyerandManagingPartner,ARohimNoorLila&Partners
• Member,SBF-ledSMECommittee
• Member,MalaysiaSingaporeBusinessCouncil
• BoardMember,MalayHeritageFoundation
• Member,MuslimLawPracticeCommittee
• Director,InstituteofSouthEastAsianStudies
• BoardMember,SingaporeCorporationofRehabilitativeEnterprises(SCORE)
• Member,MalayLanguageLearningandPromotionCommitteeunderMinistryofEducation
GAUTAM BANERJEE ViceChairman
• SeniorAdvisortotheBlackstoneGroupandChairmanofBlackstoneSingapore
• BoardMemberofthefollowing:
– APECBusinessAdvisoryCouncil
– EconomicDevelopmentBoard
– GovernmentofSingaporeInvestmentCorporationPteLtd
– SingaporeAirlinesLimited
– StraitsTradingCompanyLimited
• BoardofGovernors,Yale-NUSCollege
• BoardofTrustee,SingaporeIndianDevelopmentAssociation
• Member,IndianHeritageCentre,NationalHeritageBoard
• Member,SingaporeBusinessAdvisorsandConsultantsCouncil
• FormerNominatedMemberofParliament
FEDERATIONPROFILECOUNCIL MEMBERS (2012 – 2014)
TheSBFCouncil,whichmanagestheaffairsoftheFederation,includesnominated,electedandco-optedrepresentatives.TheCouncilhasaminimumof20andamaximumof26members.
Thethreelocalethnicchambersi.e.SingaporeChineseChamberofCommerce&Industry,SingaporeIndianChamberofCommerce&Industry,andSingaporeMalayChamberofCommerce&IndustryhavepermanentrepresentationintheCouncil.
TherestoftheCouncilMemberswouldbenomineesoflocalchambers,representativesfromforeignchambersofcommerce,electedrepresentativesofmembercompanies,andco-optedmembers.
SINGAPORE BUSINESS FEDERATION ANNUAL REPORT 2012 07
SHABBIR H. HASSANBHAI ViceChairman
• Singapore’sNon-ResidentHighCommissionertotheFederalRepublicofNigeria,MFA
• Director(Finance&Investment),IndoStraitsTradingCo(Pte)Ltd&relatedcompanies,S’poreandAlBadawiGeneralTradingLLC,UAEandOman
• Director,GatewayDistriparksLtd&Groupofcompanies,India
• Chairman,Africa-SingaporeBusinessGroup,Co-Chairman,Singapore-OmanBusinessCouncil,ViceChairmanofMiddleEastBusinessGroupandSingapore-SaudiBusinessCouncil,SBF
• Member,Oman-SingaporeJointCommittee,MFA
• Member,Asean-IndiaBusinessCouncil,MTI
• ViceChairman,SINDA
• Member,FinanceandInvestmentCommittee,AngMoKio-ThyeHuaKwanHospital
RANGARAJAN NARAYANAMOHAN ViceChairman
• Chairman,SingaporeIndianChamberofCommerce&Industry
• SeniorPartner,Natarajan&Swaminathan,CertifiedPublicAccountant
• Board-of-TrusteesoftheInstituteofSoutheastAsianStudies(ISEAS)
• MemberofPeople’sAssociation’sTalentsAdvisoryCouncil
• Member,NationalWagesCouncil
• CouncilMember,IndianBusinessLeadersRoundtable(SINDA)
• ViceChairman,TamilLanguageCouncil(MCYS)
• Patron,TheInstituteofCharteredAccountantsofIndia(SingaporeChapter)
• SingaporeCouncilMember,Malaysia-SingaporeBusinessCouncil(MSBC)
• Singaporeco-chairofMSBCServicesCommittee
• Member,SBF-ledSMECommittee
TANG KIN FEI ViceChairman
• GroupPresident&CEO,SembcorpIndustriesLtd
• Director,SembcorpMarineLtdandvariousotherSembcorpcompanies
• CouncilMember,SingaporeChineseChamberofCommerce&Industry
• Co-chairman,Saudi-SingaporeBusinessCouncil
• Member,AbuDhabi-SingaporeBusinessForumandSaudi-SingaporeEconomicCityBusinessForum
• RepresentsSembcorpIndustriesontheSingapore-JiangsuCooperationCouncil,Singapore-ZhejiangEconomic&TradeCouncilandSingapore-TianjinEconomic&TradeCouncil
• Chairman,NgeeAnnPolytechnicCouncil
• ViceChairmanandtrustee,KwongWaiShiuHospital
TEO SIONG SENG ViceChairman
• President,ChineseChamberofCommerce&Industry
• NominatedMemberofParliament
• ManagingDirector,PacificInternationalLines(Pte)Ltd
• ChiefExecutiveOfficer&President,SingamasContainerHoldingsLtd,HongKong
• Chairman,TheStandardSteamshipOwners’Protection&IndemnityAssociation(Asia)Ltd
• Chairman,SingaporeMaritimeInstitute
• Director,BusinessChina
• IndependentNon-ExecutiveDirector,ChinaCOSCOHoldingsCoLtd
• BoardMember,Duke-NUSGraduateMedicalSchool,SingaporeGoverningBoard
• BoardMember,Sino-SingaporeGuangzhouCityInvestmentDevelopmentCo.Ltd,GuangzhouStandingCouncilMember,ChinaOverseasExchangeAssociation,Beijing
• HonoraryCitizenofFoshanCity,GuangdongProvinceandYixingCityinJiangsuProvince,China
SINGAPORE BUSINESS FEDERATION ANNUAL REPORT 201208
DR ROBERT YAP CHIN KOK ViceChairman
• Chairman&CEOofYCHGroupPteLtd
• SingaporeChairman,ASEANBusinessAdvisoryCouncil
• Chairman,SBFASEANBusinessGroup
• FoundingChairmanofSupplyChainAsia
• CouncilMember,Singapore-ZhejiangEconomicandTradeCouncil(SZETC),Singapore-TianjinEconomic&TradeCouncil(STETC),Singapore-SichuanTrade&InvestmentCommittee(SSTIC),Singapore-JiangsuCooperationCouncil(SJCC)andSingapore-GuangdongCollaborationCouncil(SGCC)
• BoardMember,ASEANSMEAdvisory(SPRING)
• BoardMember,InternationalEnterpriseSingapore(IES)&MaritimeandPortAuthorityofSingapore(MPA)
• BoardAdvisortoSingaporeCustoms&SchoolofInformationSystemsinSMU
PHILIP NG CHEE TAT HonorarySecretary
• ChiefExecutiveOfficer,FarEastOrganization
• Director,SinoGroup(HongKong)
• TheSingapore-ChinaFoundationBoardofGovernors
• AdvisoryBoardfortheCentreforLiveableCities(CLC)
• Chairman,BoardofTrusteesoftheSingaporeUniversityofTechnologyandDesign
• Co-optedMemberandChair,SingaporeHealthServicesPteLtd(SingHealth)PropertyCommittee
• Member,ManagementBoardofInstituteofRealEstateStudies,NationalUniversityofSingapore
• Member,BoardofDirectorsoftheLeeKuanYewExchangeFellowship
• Member,ClimateChangeNetwork
• Member,BoardofTrusteesoftheChineseDevelopmentAssistanceCouncil(CDAC)
• Member,BoardofTrusteesofMITCorporation
OLIVIA LUM DeputyHonorarySecretary
• ExecutiveChairman&GroupCEO,HyfluxGroup
• MemberoftheSingapore-OmanBusinessCouncil,SingaporeBusinessFederation
• MemberoftheSingapore-TianjinEconomic&TradeCouncil,Singapore-JiangsuCooperationCouncilandSingapore-ZhejiangEconomicandTradeCouncil,IESingapore
• Advisor,SingaporeInstituteofInternationalAffairs
• TrusteeMember,ChineseDevelopmentAssistanceCouncil
• Patron,SingaporeProductivityAssociation
• FormerNominatedMemberofParliament
• FormerAPECBusinessAdvisoryCouncilmember
BOB TAN BENG HAI HonoraryTreasurer
• Chairman,JurongEngineeringLimited
• ChairmanoftheInstituteofTechnicalEducation
• Chairman,SingaporeLNGCorporationPteLtd
• Director,SMRTCorporationLtd
• Director,SINGEXGroupofCompanies
• Director,AsiaPacificBreweriesLimited
• VicePresidentofSingaporeNationalEmployersFederation
• BoardMemberandChairmanofAuditCommittee,OngTengCheongLabourLeadershipInstitute
• MemberofNTUCClubManagementCouncil
• President,SingaporeGolfAssociation
• GeneralCommitteeMemberandCaptain,SentosaGolfClub
SINGAPORE BUSINESS FEDERATION ANNUAL REPORT 2012 09
CHONG SIAK CHING DeputyHonoraryTreasurer
• PresidentandCEO,AscendasPteLtd
• DirectorofAscendasPteLtd&itssubsidiaries
• DeputyChairman,SPRINGSingapore
• IndependentBoardDirector,SingaporePressHoldings
• Director,NationalUniversityofSingapore(NUS)BoardofTrustees
• BoardMember,JurongHealthServices
• BoardMember,InstituteofRealEstateStudiesatNUS
• Member,NanyangBusinessSchoolAdvisoryBoard
• Member,Yale-NUSGoverningBoard
• AwardedGoldMedalbytheSingaporelnstituteofSurveyorsandValuesin1981
• ConferredNUSDistinguishedAlumniServiceAwardin2009
• ConferredNUSDistinguishedAlumniAwardbytheFacultyofArchitecture&BuildingManagementin1999
• OutstandingCEOoftheYear,SingaporeBusinessAwards2009
CHAN CHONG BENG Member
• President,AssociationofSmallandMediumEnterprises(ASME)
• Chairman,GoodrichGlobalPteLtd
• Member,SBF-ledSMECommittee(SMEC)
• Chairman,RisingBusinessCostsSub-committee,SMEC
• TopEntrepreneuroftheYear
PIYUSH GUPTA Member
• CurrentChairmanoftheAssociationofBanksinSingapore
• ChiefExecutiveOfficerandDirectorofDBSGroup,aswellasDirectorofDBS’subsidiarycompanies,TheIslamicBankofAsiaLimitedandDBSBank(HongKong)Limited
• BoardMemberoftheInstituteofInternationalFinance,Washington
• DirectorofTheInstituteofBanking&Finance
• BoardMemberoftheHumanCapitalLeadershipInstitute
• AdvisoryBoardMemberoftheSimKeeBoonInstituteforFinancialEconomics
• ManagingCouncilMemberoftheIndianBusinessLeadersRoundtable
• DirectoroftheMasterCardAsia/Pacific,MiddleEastandAfricaRegionalAdvisoryBoard
GEORGE HUANG CHANG YI Member
• President,SingaporeManufacturingFederation
• ManagingDirector,AmoyCanningCorporation,(S)Ltd
• HonoraryConsul-GeneraloftheFederalDemocraticRepublicofEthiopia
• President,CharteredManagementInstituteSingaporeBranch(CMI)
• Chairman,BusinessPracticesCommittee,ConsumersAssociationofSingapore(CASE)
• Chairman,SingaporeBusinessAdvisors&ConsultantsCouncil
• Chairman,AdvisoryCommittee,SingaporeEnvironmentCouncil(SEC)
• Member,BoardofGovernors,TemasekPolytechnic
• Chairman-SchoolAdvisoryCommittee,BalestierHillSecondarySchool
SINGAPORE BUSINESS FEDERATION ANNUAL REPORT 201210
SHANKER IYER Member
• Chairman,SingaporeInternationalChamberofCommerce
• Chairman,TheIyerPractice,AccountantsandBusinessConsultants
• Chairman,InternationalFiscalAssociation(SingaporeBranch)
SIMON KAHN Member
• Chairman,AmericanChamberofCommerceinSingapore
• CMO,AsiaPacific,GoogleInc
KAY KUOK OON KWONG Member
• President,SingaporeHotelAssociation
• ExecutiveChairman,Shangri-LaHotelLimited,Singapore
• ManagingDirector,Shangri-LaHotels(M)Bhd
• Director,Kuok(Singapore)Limited
• Director,AllgreenPropertiesLimited
• Chairman,NationalHealthcareGroupPteLtd
• Member,NUSBoardofTrustees
• Chairperson,Yale-NUSCollegeGoverningBoard
• Trustee,WildlifeReservesSingaporeConservationFund
• Member,NorthlightSchoolBoardofGovernors
KIYOFUMI KUSAKA Member
• President,JapaneseChamberofCommerce&Industry(JCCI)Singapore
• CouncilMember,SingaporeNationalEmployersFederation
• AssociateSeniorVicePresident,NECCorporation
• ChiefExecutiveOfficer,NECAsiaPacificPteLtd
• President,NECPhilippines,Inc.
• BoardMember,NECSTEECloudServicePteLtd
SINGAPORE BUSINESS FEDERATION ANNUAL REPORT 2012 11
GRAHAM LEEMember
• President,AustralianChamberofCommerce,Singapore
• Partner,PricewaterhouseCoopersLLP
• Fellow,InstituteofCertifiedPublicAccountants,SingaporeandMember,InstituteofCharteredAccountantsinAustralia
LAWRENCE LEOW CHIN HIN Member
• ImmediatePastPresident,AssociationofSmallandMediumEnterprises
• ExecutiveChairmanoftheCrescendasGroup
• Chairman,SBF-ledSMECommittee(SMEC)
• ViceChairman,SBFASEANBusinessGroup
• DeputyPresident,SingaporeBadmintonAssociation
• MemberofCustomsAdvisoryCommittee,SingaporeCustoms
• PatronofSingaporeTaekwondoFederation
• PatronofYewTeeCitizens’ConsultativeCommitteeandConstituencySportsClub
• FormerNominatedMemberofParliament
STEFANO POLI Member
• President,EuropeanChamberofCommerce(Singapore)
• Chairman,EU-ASEANBusinessCouncil,Asean
• CEO&Shareholder,ELECTROPowerSystemsSpa,Italy
• Boardmember,ItalianChamberofCommerceinSingapore
• Member,Economist’sIntelligenceNetwork,AsiaPacific
• MemberofAspenInstitute,Italy
ALVIN YEO Member
• SeniorCounsel
• SeniorPartner,WongPartnershipLLP
• MemberofParliament
• Chairman,GovernmentParliamentaryCommitteeforHomeAffairsandLaw
• Member,AppealsAdvisoryPaneloftheMonetaryAuthorityofSingapore
• Member,ICCCommissiononArbitration
• Member,SingaporeInternationalArbitrationCentre’sCouncilofAdvisors
• Director,UnitedIndustrialCorporationLtd
• Director,SingaporeLandLtd
• Director,TuasPowerLtd
• Director,KeppelCorporationLtd
SINGAPORE BUSINESS FEDERATION ANNUAL REPORT 201212
SBF-LedSMECommittee(SMEC)
No Name Sector Organisation/Company Designation
SMEC Chairman
1 LawrenceLeow RealEstate CrescendasGroup ExecutiveChairman
SMEC Members
2 TonyChew Overall SingaporeBusinessFederation Chairman
3 DouglasFoo EmployersSingaporeNationalEmployers’Federation
Councilmember
4 ChanChongBeng SMEsAssociationofSmall&MediumEnterprises
President
5 GeorgeHuang ManufacturingSingaporeManufacturingFederation
President
6 LauTaiSan ChineseEnterprisesSingaporeChineseChamberofCommerceandIndustry
Vice-President
7 AbdulRohimSarip MalayEnterprisesSingaporeMalayChamberofCommerceandIndustry
President
8RangarajanNarayanamohan
IndianEnterprisesSingaporeIndianChamberofCommerceandIndustry
Chairman
9 EdwinKhoo Bank/FinanceTheAssociationofBanksinSingapore
SeniorAdvisor&ManagingDirectorofDBSBankLtd
10 HoNyokYong(Dr) Construction SingaporeContractors’Association President
11 RoderickChia InfocommSingaporeInfocommTechnologyFederation
Chairman,DigitalMediaChapter
12 QuekKengLiang Logistics SingaporeLogisticsAssociation Chairman
13 RickySouw(Dr) PrecisionEngineering SanwaPlasticIndustryPteLtd CEO
14 WongSioeHong Retail SingaporeRetailersAssociation VicePresident
15 MelvinTanEngineering,SystemIntegration
CyclectGroup ManagingDirector
16 SusanChongEnvironment/Sustainability
Greenpac(S)PteLtd CEO
17 GlenndleSim Marine MencastHoldingsLtd ExecutiveChairman&CEO
18 CynthiaPhua Retail KnightFrankPteLtdExecutiveDirector&Head,RetailServices
SBFCOMMITTEESEXECUTIVE COMMITTEEChairman: Mr.TonyChewMembers: Mr.TeoSiongSeng
Ms.ChongSiakChingMr.TangKinFeiDr.RobertYap
APPOINTMENTS AND REMUNERATION COMMITTEEChairman: Mr.TonyChewMembers: Mr.BobTan
Mdm.KayKuok
AUDIT COMMITTEEChairman: Mr.GautamBanerjeeMembers: Mr.ShankerIyer
Mr.StefanoPoli
FINANCE & INVESTMENT COMMITTEE Chairman: Mr.BobTanMembers: Mr.RNarayanamohan
Dr.RobertYapMr.PiyushGuptaMr.ChanChongBeng
INTERNATIONAL RELATIONS COMMITTEEChairman: Mr.ShabbirHassanbhai
Mr.MarkHongVice
Chairmen:Mr.ChengWaiKeungMr.SimonKahnMr.MichaelCheokMr.M.RajaramMr.TanSengChyeMr.PhilipForrestMr.KiyofumiKusakaMr.FreddyLamMr.GrahamLee
MEMBER RELATIONS COMMITTEEChairman: Mr.LawrenceLeowMembers: Mr.SimonKahn
Mr.AbdulRohimSaripMr.GeorgeHuangMr.GrahamLee
NOMINATIONS COMMITTEEChairman: Mr.TonyChewMembers: Mr.GautamBanerjee Mr.PhilipNg
SINGAPORE BUSINESS FEDERATION ANNUAL REPORT 2012 13
SBFSECRETARIAT–MANAGEMENTTEAM GLOBAL BUSINESS DIVISION
RENEE KOH DeputyDirector
HO MENG KIT ChiefExecutiveOfficer
VICTOR TAY ChiefOperating
OfficerMABEL TANG DeputyDirector
CHERYL KONG AssistantExecutiveDirector
ALAN TAN Director
EDITH CHEONG Assistant
ExecutiveDirector
JEFFREY LIEW Director
MARTIN YUOON Assistant
ExecutiveDirectorCODY LEE Director
Americas, Middle East & Africa, Europe & Oceania
ASEAN, China, North & South Asia
MEMBER RELATIONS & SERVICES DIVISION
CEO OFFICE
SINGAPORE BUSINESS FEDERATION ANNUAL REPORT 201214
CORPORATE COMMUNICATIONSGERALD DE COTTA
Director
CAPACITY BUILDING DIVISION
CORPORATE SERVICES DIVISION
ESTHER CHONG AssistantExecutive
DirectorTOUW JUNE WAH DeputyDirector
JOSHUA ONG Director
THIAN TAI CHEW AssistantExecutiveDirector
Mentorship & Productivity IRENE CHEN SeniorManager
SME COMMITTEE
LAM KONG HONG Director
SUSTAINABLE DEVELOPEMENT
CRISPIAN LYE DeputyDirector
GLOBAL-ASIA HUB
FINANCESHIRLEY LIM
SeniorManager
INFORMATION TECHNOLOGY
QUEK KENG OEI SeniorManager
Business Continuity & Financial Management
SINGAPORE BUSINESS FEDERATION ANNUAL REPORT 2012 15
SBF TURNS 10
SBFcelebratedits10thanniversaryin2012withaseriesofsignatureeventsandactivitiesfromMarch,concluding
withaGalaDinneron10thOctoberwithPresidentTonyTanKengYamasGuestofHonour.OthernotableeventsincludedaBusinessDialoguewithEmeritusSeniorMinisterGohChokTong,theSBF-TemasekForum,GESBusinessLeaders’Summit,InternationalCleantechNetwork(ICN)Asiameeting,andSingaporeSustainabilityAwards.
Itpublisheda20-page10thanniversarycommemorativesupplementintheBusinessTimeswhichincludedits10-yearmilestoneandcongratulatorymessagesfrompublicandprivatesectororganisationsfromSingaporeandoverseas.SBFalsopublishedaspecialeditionofBusinessQuotient(BiZQ),itsflagshipmagazineformembers,onthe10thanniversarytheme.
Toremembertheoccasion,SBFproduceda10thanniversaryvideo,capturingitsprogressthroughtheyears.ScreenedattheGalaDinner,thevideoalsoincludedsharingandwellwishesbyfourfoundingfatherswhoplayedsignificantrolesintheformationofSBF.TheyareEmeritusSeniorMinisterGohChokTongwho,asPrimeMinister,mootedtheideaofanapexbusinesschamberin1998;MrKwekLengJoo,PresidentoftheSingaporeFederationofChamberofCommerceandIndustry,whowasinstrumentalingettingmemberstosupporttheformationofthenewFederation;MrGeorgeYeo,thethenMinisterforTradeandIndustrywhofacilitatedthepassingoftheSBFActinParliamentin2001;MrStephenLee,PresidentoftheSingaporeNationalEmployersFederationwhowasappointedthepro-temChairman
ofSBFandsubsequentlyitsChairmanforthreeconsecutivetermsfrom2002to2008.TheyeachreceivedaspeciallycommissionedphotobookwhichhighlightedtheirinvolvementwithSBF.
TheGalaDinneralsosawthelaunchofTheSBFDistinguishedPartnerAwards,atwhichfivenotablepartnerswererecognisedfortheircontributionstotheFederation.Thefiveare:
• MrPohChoonAnn,ChairmanandCEOofPohTiongChoonLogistics.HelednumerousSBFbusinessmissionsoverseas,receivedbusinessdelegationsfromChina,andactsasamentortoyoungerentrepreneursintheSBFnetwork.
SINGAPORE BUSINESS FEDERATION ANNUAL REPORT 2012 17
• MrWongFongFui,GroupCEOofBousteadSingapore.Heledseveralbusinessmissions,isamentortoSBFmembers,andisalsoanactivememberoftheMalaysia-SingaporeBusinessCouncilwhichpromotestradeandbilateraleconomicrelationsbetweenthetwocountries.
•TheSingaporeNationalEmployersFederation(SNEF).IthasbeencollaboratingwithSBFsincethelatter’sfoundingin2002.Throughbriefingsandsurveys,SBFandSNEFupdatemembersandconveytheirfeedbacktotheGovernmentonimportanthumanresourceissuessuchastheEmploymentAct,foreignworkerpoliciesandNationalWagesCouncilguidelines.
• Publicaccountingfirm,RSMChioLim.ItsupportsSBFinitiatives,suchastheannualSBFseminarontheSingaporeBudget,atwhichitshareswithSBFmemberskeystrategies,incentivesandpracticaltax-planningmeasures.ItisalsoanactivepartnerofSBF’sGlobalAsiaHubProgramme.
•StandardCharteredBank.Since2010,SBFhastappedonthebank’sexpertiseanditsnetworkofcontactsandclientsinAfricatohelpopendoorsandcreatenetworkingandmatch-makingopportunitiesforSBFmembers.
Earlierintheyear,the10thSBFAnnualGeneralMeetingsaw23businessleadersfrombusinesschambers,tradeassociationsandbusinessesinSingaporeinstalledasSBFCouncilMembersforthe2012–2014term.AttheAGM,membersconsentedtotheformationoftheSBFFoundationwhichaimstohelplowerwageworkers,assistmembersincorporatesocialresponsibilityandsustainabilityefforts,andspurcorporatephilanthropy.
Recipients of the SBF Distinguished Partner Awards at the Gala Dinner.
SINGAPORE BUSINESS FEDERATION ANNUAL REPORT 201218
SBF’sflagshipevent,Global Entrepolis @ Singapore (GES) Business Leaders’ Summit 2012attractedclosetoathousanddelegatesfromsome40countries.Theevent,theninthintheseries,featured132internationalspeakersandsawtheparticipationofeightSingaporegovernmentministers.Themed“CapitalisingonFastChangingMarkets”,theaimoftheSummitwastopropelfreshideasandbusinessexchangesamidahighlydynamicandvolatileglobaleconomicenvironment.
Aspartofthe10thanniversaryinitiative,theFederationfirmedupitsStrategicPlan2012–2016.TheplanoutlinesSBF’saimtobeamoreissue-centricorganisation,withstrongerengagementofthebusinesscommunityandthegovernment.Itwillbeacrediblevoiceofbusinessandavaluecreatorhelpingbusinessestobuildcapabilitytoaccessinternationalmarkets.
Well-wishes from foreign business chambers and trade associations in SBF’s 10th anniversary commemorative supplement.
SINGAPORE BUSINESS FEDERATION ANNUAL REPORT 2012 19
SBF A DECADE OF SERVING THE
BUSINESS COMMUNITY
Officially launched by then Prime Minister
Goh Chok Tong on 11th April 2002
Organised more than 50 events and activities, which catered to some
10,000 members
Focused on promoting business
and investment opportunities both in Singapore and abroad
Doubled its offerings of activities and events
for members
Launched the inaugural issue of BiZQ to update members on
business and industry insights
Formation of the Malaysia-Singapore Business Council (MSBC) to forge closer economic ties between both countries
Jointly presented Global Entrepolis @ Singapore with Economic Development Board (EDB), attracting participants from
over 40 countries
Supported the World Economic Forum
(WEF) in partnership with EDB
Participation in the Federation’s events
reached 22,000, double that of 20042002
2007
2004
2008
2003
2005
2006
Reached out to 5,800 member companies
through its activities
Introduced the Mentoring Programme
Recognised both locally and overseas as an apex
chamber of the Singapore business community
Launched the Middle East
Business Group
Hosted and co-organised the ASEAN Business and Investment
Summit, and the inaugural ASEAN Business Awards
2007
2008
20
11
2012 AND BEYOND
2010
2009
Strengthened three-pronged focus of
representing the voice of the business community, helping members build
resilience and facilitating business opportunities
Received ownership of GES from EDB
Hosted the APEC CEO Summit and the APEC
Business Advisory Council (ABAC) meetings in Singapore, held in
conjunction with the APEC Leaders’ Summit
Reached out to 48,300 participants through its activities
Inaugurated five dedicated geographic business groups to
further help members gain valuable insights and tap into
regional opportunities
Launched a series of initiatives in support of
Economic Strategies Committee (ESC) recommendations
Organised Singapore Sustainability Awards to recognise companies for
their eco-friendly practices
Increased its outreach, with the 408 activities
benefitting 62,000 participants
Reviewed and finalised SBF’s strategic
plan for 2012 – 2016
Increased engagement of emerging markets
Established the SME Committee (SMEC) to
better represent the voice of members and the wider
SME community
A more issue-centric organisation
Strengthen international linkages to secure benefits for
Singapore businesses
Partner government unions, trade associations
and chambers to help companies restructure
VOICE REPRESENTATION
FACILITATING DIALOGUE
AND FEEDBACK ON IMPROVING SINGAPORE’S BUSINESS ENVIRONMENT
REPRESENTING ENTERPRISES ON THEIR BUSINESS
NEEDS AND CONCERNS
PROMOTING ENGAGEMENT
BETWEEN THE BUSINESS COMMUNITY AND POLICYMAKERS
SERVING AS A UNIFIED VOICE FOR THE BUSINESS COMMUNITY
YEARINREVIEW
ADVOCACY/VOICE REPRESENTATION (LOCAL)
SBF-LED SME COMMITTEE (SMEC)
SBFtookasignificantstepinadvocacyandvoicerepresentationwiththesettingupoftheSBF-ledSMECommittee(SMEC)inDecember2011.TheCommittee,whichlooksintotheneedsandconcernsofSMEsinlightofmountingchallenges,servesasakeyplatformforengagementbetweentheSMEcommunityandpolicymakers.Itwillalsofacilitatedialogue,feedback,researchandanalysisonSMEbusinessissuestoeffectbusiness-friendlypoliciesinSingapore.
MrLawrenceLeow,SBFCouncilMemberandImmediatePastPresidentoftheAssociationofSmallandMediumEnterprises,waselectedChairmanofSMEC,supportedbyaSecretariatheadedbySBFCEOMrHoMengKit.MinisterofStateforTrade&IndustryMrTeoSerLuckagreedtoserveasitsadvisor,toengenderpublicsectorsupportfortheworkofSMEC.The18-memberSMECiscomprisedofrepresentativesfromkeybusinesschambersandtradeassociations,aswellasprominentbusinessleadersacrosswide-rangingindustrysectors.Foursub-committeesweresetupasfollows:
SINGAPORE BUSINESS FEDERATION ANNUAL REPORT 201224
Rising Business Costs Sub committee
• Chairman:MrChanChongBeng,President,AssociationofSmallandMediumEnterprises(ASME)
Manpower and Productivity Sub committee
• Chairman:MrLauTaiSan,Chairman,Industry&CommerceCommittee,SingaporeChineseChamberofCommerceandIndustry(SCCCI)
Internationalisation and Market Access Sub committee
• Chairman:DrRickySouw,Chairman,SingaporePrecisionEngineering&ToolingAssociation(SPETA)
Finance Sub committee
• Chairman:MrEdwinKhoo,SeniorAdvisor&ManagingDirectorofDBSBankLtd
SMEC Budget 2012 Wish-list
SMECgotofftoanearlystartinJanuary2012withthesubmissionofitsrecommendationsforSingaporeBudget2012togovernment.ItsoughtassistanceandreliefinfourareasaffectingSMEs–costofdoingbusiness,productivityandmanpower,financing,andinternationalisationandmarketaccess.Itsrecommendationswereaggregatedfromfeedbackfromitsmemberswhorepresentmajorlocaltradeassociationsandbusinesschambers,aswellasqualifiedindividualsrepresentingSMEinterests.
SMECfoundearlytraction,witheightofits17recommendationsacceptedinBudget2012.DeputyPrimeMinisterandMinisterforFinanceTharmanShanmugaratnamcommendedtheSMECommitteeinhisbudgetspeechnotingthat“WehavereceivedusefulsuggestionsonhowwecanimprovetheProductivityandInnovationCreditschemefurther,frombusinessgroupssuchastheSingaporeBusinessFederation–SMECommittee”.
Followingthebudgetannouncement,outreachsessionswereheldwithmembersoftradeassociations,aswellasSBFmembers,drawing137and1,200participantsrespectively.Participantswerebriefedonthehighlightsofthebudgetanddialogueontheassistanceandincentiveschemesbyrepresentativesfromvariousgovernmentagencies.ThesessionsforSBFmembersalsoincludedsharingbyprivatesectorknowledgepartners.
SBF-led SME Committee (SMEC) facilitates dialogue, feedback, research and analysis on SME business issues to effect business-friendly policies in Singapore.
SINGAPORE BUSINESS FEDERATION ANNUAL REPORT 2012 25
SMEC Advocacy Efforts
Duringthecourseoftheyear,SMECmetforfivemaincommitteemeetings,whilstthefoursub-committeesmeton20occasions.Theextensivedeliberationsatthesemeetings,inadditiontoconsultationsessionswithgovernmentagenciesanddialoguewithbusinessesthroughouttheyear,enabledSMECtogainamorein-depthandcomprehensiveperspectiveofSMEissues.
ThesessionswithgovernmentagencieswereusefulinhelpingSMECclarifyissuesraisedbyitssub-committees.ConsultationswereheldwithMinistryofTradeandIndustry,MinistryofManpower,IESingapore,SPRINGSingapore,JurongTownCorporation,NationalProductivityAssociation,WorkforceDevelopmentAuthority,SingaporeBusinessAdvisorsandConsultantsCouncil,andNationalProductivityandContinuingEducationCouncil.
A key outcome of the many months of dialogue with government and businesses was the submission of 33 recommendations by SMEC for the Singapore Budget 2013, covering a spectrum of business issues.
SINGAPORE BUSINESS FEDERATION ANNUAL REPORT 201226
Policy Engagement
Aspartofitsroletobeabridgebetweenbusinessesandthegovernment,SBForganisednumerouspolicyengagementsessions,includingbriefingsonBudget2012,theenhancedProductivityandInnovationCreditscheme,NationalWagesCouncilGuidelines2012/2013,consultationsessiononreviewoftheEmploymentAct,ChangestoEmploymentofForeignManpowerAct,CommunityEngagementProgramme,NationalSecurityConvention,andPro-EnterprisePaneldialogue,amongstothers.
SBF-Temasek Forum, 15 June 2012
Asidefromoutreachsessions,SMECalsoorganisedotheractivitiessuchassurveysandseminars.WhenthesituationintheEurozoneturnedfortheworseinearly2012,SMECorganisedabriefingforSBFmembersonthelatestsituationthere.AttheSBF-TemasekForum,ahighlevelteamfromTemasekHoldingssharedinsightswithmembersontheirassessmentofthesituationintheEurozone,theUS,China,aswellasthetopicofglobalinflation.
SINGAPORE BUSINESS FEDERATION ANNUAL REPORT 201228
ADVOCACY/VOICE REPRESENTATION (INTERNATIONAL)
Duringtheyearunderreview,SBFinitsroleasapexbusinesschamber,providedsecretariatsupporttoSingapore’srepresentativesattheASEANandAsiaPacificEconomicCooperation(APEC)BusinessAdvisoryCouncilmeetings.SBFalsorepresentedtheinterestsofthebusinesscommunityinotherregionalandinternationalforaincludingtheEastAsiaBusinessCouncil,AsianBusinessSummit,andtheInternationalChamberofCommerceforwhichitservesastheSingaporeNationalCommittee.SBFChairmanTonyChewledadelegationtotheAsianBusinessSummitinThailandinAugust.
APEC Business Advisory Council (ABAC)
Singapore’sparticipationatAPECBusinessAdvisoryCouncil(ABAC)wasledbyMrGautamBanerjee,ExecutiveChairmanofPricewaterhouseCoopers(PwC)Singapore;MrJacksonYap,GroupMDandCEOofUnitedEngineersLimitedandMrHoMengKit,CEOofSBF.AsthenationalsecretariatforABACSingapore,SBFplayedanimportantroleinprovidingthelinkagebetweenthebusinesscommunityandthegovernmentonissuesdiscussedatABAC.
ABACmadeprogressonitsprioritiesfor2012.OnadvancingregionaleconomicintegrationtorealiseaFreeTradeAreaoftheAsia-Pacific,ABACurgedAPECLeaderstotakeresoluteactiontoguardagainstfinancialandsovereignrisksandtheriseofprotectionism.Italsoadvocatedthepursuitoftradeliberalisationandrobustgrowth.Separately,ABAC’sproposaltoestablishanAsia-PacificFinancialForumwasendorsedbyAPECFinanceMinisters.Theforumwillserveasaplatformforstrongerpublic-privatepartnershipinthedevelopmentandintegrationoftheregion’sfinancialmarketsthatarevitaltothesustainablefundingofinfrastructure,expansionofenterprises,growthofdomesticconsumptionandtheregion’sresiliencetoexternalshocks.
Onfoodsecurity,ABACurgedconcreteactiontoexpandglobalfoodsupply,nutritionalcapacityandfacilitatetradeinfood.Ontransportationinfrastructureandsupplychainsconnectivity,itproposedacomprehensivesetofpracticalrecommendationstoAPECleadersonharmonisationofcustomsrequirementsandmeasures,introductionofthesinglewindowconceptandstandardisedcodesformarkingandtrackinggoods.
SINGAPORE BUSINESS FEDERATION ANNUAL REPORT 2012 29
Business Outreach on the Trans Pacific Partnership (TPP) Negotiations
AspartofitssupportfortheTransPacificPartnership,SBFandtheUSNationalCentreforAPECorganisedaseminarinMayattendedbyrepresentativesfromlocalandforeignenterprises.SpeakersincludedH.E.PeterHamilton,HighCommissionerofNewZealand,NgBeeKim,DirectorGeneral(Trade)atSingapore’sMinistryofTradeandIndustry,NickReilly,ChairmanEmeritusoftheNationalCentreforAPEC(NCAPEC),amongstothers.
TheTPP,whichaimstobeahigh-qualityFTAthatisbroaderinscope,depthandmembershipcomparedtobilateralFTAs,willgobeyondtariffreductionsintobehind-the-borderissues,providingcompanieswithamoreconduciveenvironmenttooperatein.
Duringtheseminar,SBFandtheNCAPECsignedacooperationagreementtoraiseawarenessaboutAPEC,strengthentiesbetweentheregionalbusinesscommunitiesandencouragegreatertradeandinvestmentthroughtheAPECforum.
ECONOMIC INTEGRATION TOWARDS AN ASEAN ECONOMIC COMMUNITY
InpreparingSingaporecompaniesforanintegratedASEANeconomythroughtheintroductionoftheASEANEconomicCommunity(AEC)in2015,SBFhasbeenactivelyengagingitsmembersontheASEANplatform.
ASEAN Business & Investment Summit (ASEAN-BIS), 17 – 18 November 2012
SBFleda21-memberdelegationtoASEAN-BIS,whichwasattendedbypoliticalandbusinessleadersfromtheregion.DelegatesparticipatedindiscussionsonASEANconnectivity,ASEANasacompetitiveinvestmenthub,itsrenewableenergypotentialandgreaterconnectivitywithmarketsinEastAsia.
AhighlightofthesummitwastheASEANBusinessAdvisoryCouncilBusinessAwards.SingaporecompaniesclinchednineawardsfortheirachievementsinestablishingandpromotingASEAN-widebusinessoperations.
ParticipantsalsotookpartintheBusinessRoundtableSessiononASEANSingleWindow(ASW).SBFnotedthatknowledgeofASWwasmainlyconfinedtoMNCsbasedinSingapore.ItwillsharewithSingaporecompaniestheopportunitiesarisingfromtheASWin2013.
Theactivitiesconductedin2012werecriticalincreatinggreaterheadwayinSBF’seffortstoprepareSingaporecompaniestoexploitnewandmanybusinessopportunitiescreatedbytheonsetofAEC2015.TheChairmanshipofASEANbyMyanmarin2014alsoaugursmanymorenewopportunitiesforSingaporecompaniesinextendingtheirintra-ASEANbusinessintothenewlyopenedMyanmareconomy.Attendees at the TPP seminar.
SINGAPORE BUSINESS FEDERATION ANNUAL REPORT 201230
Singapore business delegation at the ASEAN Business & Investment Summit.
SINGAPORE BUSINESS FEDERATION ANNUAL REPORT 2012 31
PROVIDING MEMBERS WITH NUMEROUS OPPORTUNITIES TO NETWORK AND TAP INTO EMERGING MARKETS
>19,000 MEMBERS IN 2012
BUSINESS NETWORKING
BUSINESS NETWORKING & FACILITATION
Duringtheyear,SBFled21overseasbusinessmissionsandreceived117incomingbusinessandofficialdelegationskeenonexploringtradeandinvestmentwithmembers.TheFederationbrokenewgroundbymountingthreemissionstoMyanmarandcontinuedtoassistmemberstoexploreopportunitiesinthefrontiermarketsofAfrica,Asia,LatinAmerica,theMiddleEastandCentralandEasternEurope.
AMERICAS, EUROPE, MIDDLE EAST & AFRICA EXPANDING SINGAPORE’S FOOTPRINT IN SUB-SAHARAN AFRICA
SBFledsixmissionsto11Africaneconomiesin2012tohelpSingaporebusinessesexploreopportunitiesinnewmarkets.TheseincludedCongoandDRCongo,Togo,Djibouti,andsomeoftheworld’sfastestgrowingeconomies–GhanaandEthiopia.
Throughthesemissions,theFederationendeavoredtoincreasemarketaccessforbusinessesbyrequestingforeigngovernmentstoappointHonoraryConsulsinSingaporetofacilitatethewaiverofvisasforSingaporeancitizens.
Cape Verde-Singapore Business Forum, 21 September 2012
TheForumwasheldinconjunctionwiththeinauguralvisitofH.E.JoseMariaPereiraNeves,PrimeMinisterofCapeVerde,andwasattendedbysome120membersfromthebusinesscommunity.Duringtheforum,SBFsignedanMOUwiththeCapeVerdeInvestmentPromotionAgencytoincreasebusinessexchangesandpromotetradeandeconomicrelationsbetweenbothcountries.
ThisinitialengagementalsoresultedinboththeSingaporeandCapeVerdegovernmentssigningtheOpenSkiesAgreement,whichallowsunlimitedpassengerandcargoservicesbetweenbothsides.BothcountriesarealsoembarkingondiscussionstoinkaDoubleTaxDeductionandInvestmentGuaranteeAgreement(IGA).Separately,SBFsuccessfullyrequestedforavisawaiverforSingaporeansintoCapeVerde.
SINGAPORE BUSINESS FEDERATION ANNUAL REPORT 201234
2nd Africa-Singapore Business Forum (ASBF), 29 – 30 August 2012
Over500participantsattendedtheForum,withsome200participantsfrom34Africacountries,doublethenumberofcountriesrepresentedinthe2010forum.SevenministersfromsixAfricacountrieswerealsopresent.
TwoMOUsweresignedatASBF:InternationalEnterpriseSingaporewiththeInternationalFinanceCorporation,wherebothagreedtoextendassistancetoSingaporecompanieskeentoventureintoAfrica;andSingaporeCooperationEnterprisewiththeGovernmentofCongotojointlydeveloptheNationalProgrammeofIndustryRedeployment.
LEVERAGING ON THE IMPORTANCE OF TURKEY
Turkey’slocationatthecrossroadsofAsiaandEuropeisgeneratingstronginterestfromSingaporebusinesseskeentotapintotheuniquebusinessopportunitiesthere.Themutualinterestbybusinesscommunitiesofbothcountrieshasspawnedfourroundsofengagementsthroughouttheyear,involvingmorethan400Singaporebusinessmen.
Turkey Business Mission, 28 May – 3 June 2012
Thebusinessmissioncomprising27SingaporecompanyrepresentativeswasjointlyledbySBFChairmanMrTonyChewandIESingaporeCEOMrTeoEngCheong.HeldinconjunctionwiththevisitofDPMTharmanShanmugaratnamtoTurkeyandtheopeningofanIESingaporeOverseasOffice,participantsalsoattendedtheSBF-organisedTurkey-SingaporeBusinessForumwhichsawtheparticipationofover80Turkishbusinessmen.
SBFalsodeepeneditsengagementwithTurkey,makingdirectcontactforthefirsttimewiththeIzmirMetropolitanMunicipalityandtheAegeanRegionChamberofIndustry.IzmirisTurkey’ssecondlargestcommercialcentre.
SINGAPORE BUSINESS FEDERATION ANNUAL REPORT 2012 35
Turkey-Singapore Business Forum, 23 July 2012
TheForumwasorganisedinconjunctionwiththevisitofH.E.ZaferCaglayan,MinisterofEconomyoftheRepublicofTurkeyandanaccompanyingbusinessandgovernmentdelegation.Over220SingaporeandTurkishparticipantsattendedthesessiongracedbyMrSIswaran,MinisterinPrimeMinister’sOfficeandSecondMinisterforHomeAffairsandTrade&Industry,andMrTeoSiongSeng,ViceChairmanofSBF.
Held in conjunction with the visit of DPM Tharman Shanmugaratnam to Turkey and the opening of an IE Singapore Overseas Office, participants also attended the SBF-organised Turkey-Singapore Business Forum which saw the participation of over 80 Turkish businessmen.
SINGAPORE BUSINESS FEDERATION ANNUAL REPORT 201236
CREATING PLATFORMS FOR ENDURING PARTNERSHIPS
3rd Singapore-Oman Business Council Meeting, 7 November 2012
33SingaporeandOmanbusinessmencongregatedtodiscussbusinesspartnershipsbetweenbothcountriesandsolutionstomarketentrychallenges.Themeetingwasco-chairedbyMrShabbirHassanbhai,SBFViceChairmanandDirectorofIndoStraitsTradingCoPteLtd,andMrSaudAhmedAlNahari,CEOofPortServicesCorporation.ThemeetingfocusedonpromotingcooperationforSMEdevelopmentandsectorialpartnershipbetweenbothcountries.
TheOmanInvestmentForum,convenedonthesidelinesofthemeeting,attractedcloseto170attendees.ItbroughttogetherproposalsfromOmantoseekpartnersforOmaniprojects,intransport,infrastructureandspecialeconomiczones.
4th Singapore-Saudi Business Council Meeting, 17 September 2012
ThemeetingwaschairedbyMrShabbirHassanbhai,ViceChairmanoftheBusinessCouncilandDirectorofIndoStraitsTradingCoPteLtd,andMrAbdullahZ.Almelehi,Co-ChairmanandCEOofAlRamezGroup.Itwasattendedby17SingaporeandSaudibusinessrepresentatives.
SomeoftheproposedinitiativesincludedassistingSingaporeandSaudicompaniestocollaborateonintegratedprojectsinAsiaandAfrica;settingupaSingaporesectioninasupermarketchaintobuildawarenessoftheSingaporebrand,therebyfacilitatingentrybyfoodcompanies;andpartneringtheCouncilofSaudiChamberstoorganisethefirstSaudiwomenbusinessownersdelegationtoexplorepartnershipswithSingaporecompanies.
SINGAPORE BUSINESS FEDERATION ANNUAL REPORT 2012 37
Held at the Marina Bay Sands Expo and Convention Centre, RSBF 2012 attracted more than 800 participants.
The RSBF Opening Reception was held at Gardens by the Bay, Singapore’s waterfront icon and tourist attraction.
INCREASING MINDSHARE OF RUSSIA WITH SINGAPORE
Russia-Singapore Business Forum (RSBF), 24 – 27 September 2012
The7theditionoftheforumwasorganisedinconjunctionwiththe3rdRussia-SingaporeInter-GovernmentalCommission(IGC)andplayedhosttoover800participantsfrom23countries.HighlightsincludedtheMinisterialDialogueSessionfeaturingtheco-chairsoftheIGC,MrTharmanShanmugaratnam,DeputyPrimeMinisterofSingapore,andMrIgorShuvalov,FirstDeputyPrimeMinisterofRussia,aswellasan‘InConversation’segmentfeaturingMrLeeKuanYew,FormerPrimeMinisterofSingapore.
ThreefeatureeventsonIndustrialParks,TechnologyandInnovation,andRealEstatefacilitatedsector-specificnetworkingopportunitiesforparticipants.31businessmatchingmeetingswereorganisedonthesidelinesofRSBF.
“Russia and Singapore have a huge potential for cooperation. Today, we discussed with our Singaporean counterparts a number of specific projects, such as agriculture and innovation. Singapore can play an important role by sharing its experience of good governance. The Russian government is ready to consider the interests of Singaporean investors and offer them a stake in the companies that they will manage.”
– Mr Igor Shuvalov, First Deputy Prime Minister of Russia
SINGAPORE BUSINESS FEDERATION ANNUAL REPORT 201238
Mr Tony Chew, Chairman of SBF, opened the forum proceedings and hailed Russia’s recent ascension to the WTO as a positive step for increasing global trade and investment.
In conjunction with the high-level Russia-Singapore Inter-Governmental Commission, Deputy Prime Minister of Singapore Tharman Shanmugaratnam and 1st Deputy Prime Minister of Russia Igor Shuvalov took part in the first-ever Ministerial Dialogue at RSBF.
The “In Conversation with Mr Lee Kuan Yew” segment at RSBF.
RSBF 2012 also included three feature events across Real Estate, Industrial Parks and Innovation/R&D. These sector-specific sessions presented more in-depth discussions and facilitated synergistic networking opportunities.
SINGAPORE BUSINESS FEDERATION ANNUAL REPORT 2012 39
8th Joint Meeting of Malaysia-Singapore Business Council (MSBC), 4 June 2012
Co-ChairedbyDatoLimSayChongfromtheFederationofMalaysianManufacturesandMrChengWaiKeungfromSBF,thesessionledtotheformationofaServicesCommitteefocusingonsixsub-sectors;aTourismandHospitalitySub-committeetoexploreareasofjointcooperation;andemphasisonIskandarMalaysiaasaninvestmentdestinationforMalaysia-Singaporecollaborations.TheMSBCfacilitatedanumberofSingaporecompaniessuchasOldChangKeeandKingslandDevelopmentinsettingupoperationsthere.
Representatives of the SBF-led business delegation calling on President Thein Sein.
MOU-signing session between SBF and its counterpart chamber, Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI).
Singapore Chairman of MSBC Mr Cheng Wai Keung with Malaysia Chairman Dato Lim Say Chong.
ASIAEXPLORING EMERGING MARKETS AND DEEPENING RELATIONSHIPS
SlowingdemandfromkeyexportmarketsandthegrowthimpetusinAsialedtoanincreaseinSingaporecompanies’participationinbusinessmissionstoemergingmarketsinAsia.
Myanmar Business Mission, 12 – 18 February 2012
FollowingthevisitofMyanmar’sPresidentTheinSeintoSingaporeandthesigningoftheSingapore-MyanmarTechnicalCooperationProgramme,SBForganiseditsinauguralbusinessmissiontoMyanmarwitharecord115delegates.
Thedelegation,ledbySBFChairmanTonyChew,metwithPresidentTheinSein,keyUnionMinistersandseniorgovernmentofficialsandwerebriefedonMyanmar’splansforgrowthanddevelopment.AnMOUtopromoteclosertradeandeconomicrelationsbetweenbothbusinesscommunitieswassignedwiththeFederation’scounterpartchamber,UnionofMyanmarFederationofChambersofCommerceandIndustry.
TwosubsequentmissionswereorganisedinJuneandNovemberinvolving267businessmenfrom178companiesintotal.
SINGAPORE BUSINESS FEDERATION ANNUAL REPORT 201240
India Business Mission, 10 – 13 July 2012
InconjunctionwithPrimeMinisterMrLeeHsienLoong’sstatevisit,SBFViceChairmanMrGautamBanerjeeleda28-strongdelegationtoNewDelhi.ThedelegationengagedtheIndianbusinesscommunityina‘BusinessMeeting’sessionhelmedbyPrimeMinisterLee.SBFalsoreneweditsexistingMOUwiththeFederationofIndianChambersofCommerce&Industry(FICCI)tofurtherstrengthenanddevelopeconomicrelationsbetweenbothcountries.
The delegation engaged the Indian business community in a ‘Business Meeting’ session helmed by Prime Minister Lee.
Prime Minister Lee Hsien Loong chairing the ‘Business Meeting’ session with the Indian business community. Renewal of the SBF-FICCI MOU between Mr Gautam Banerjee and Ms Naina Lal Kidwai.
SINGAPORE BUSINESS FEDERATION ANNUAL REPORT 2012 41
Sri Lanka Business Mission, 26 – 31 May 2012
Organisedinresponsetothesustainedinterestofmembers,a21memberdelegationvisitedSriLankainconjunctionwiththeofficialvisitofMinisterofForeignAffairsandLawMrK.Shanmugam.LedbySBFViceChairmanMrTeoSiongSeng,thedelegationparticipatedintheinauguralSriLanka-SingaporeBusinessForum,whichwasgracedbyMinisterShanmugam.
SBFalsosignedanMOUwiththeSriLanka-SingaporeBusinessCouncil(SLSBC)tofostercloserbilateralbusinesslinks.SLSBCplanstoleadadelegationtoSingaporeandconvenethesecondforumhere.
Mongolia Business Mission, 30 July – 4 August 2012
MrPohChoonAnn,ViceChairmanoftheSBFChinaBusinessGroupleda35-memberdelegationtoMongolia.ParticipantsmetwiththeMongolianForeignInvestmentandForeignTradeAgencyandlocalbanks,andalsocalledonthenewlyappointedMayorofUlaanbaatar.Inresponsetointerestfromcompanies,SBFwillfacilitatetheformationofa‘consortium’forbusinessestobetterexploreopportunitieswithalocalrepresentativeinMongolia.
An MOU was signed between SBF and SLSBC, which was presided over by Minister K. Shanmugam.
SINGAPORE BUSINESS FEDERATION ANNUAL REPORT 201242
Democratic People’s Republic of Korea (DPRK) Business Mission, 27 August – 4 September 2012
32SingaporebusinessmenparticipatedinSBF’sthirdvisittoDPRK.ThemissionwasledbyMsDorothySeet,ChairpersonofSingCham.Whilstlargelyanexploratorytripformany,avisittotheChinesebordercityofDanongprovidedcompanieswiththeoptionoftappingonitsconnectivitytofacilitatebusinessventures.
ToexpeditemarketaccessforSingaporecompanies,SBFalsoworkedwiththeDPRKEmbassyinSingaporetoissue‘LettersofConfirmation’forbusinessmentoenterandstayinDPRKfor30days.Thisarrangementcommencedon1July2012.40suchletterswereissuedin2012.
9th China-ASEAN Exposition (CAEXPO), 21 – 25 September 2012
CoordinatedbySBFastheleadagencyforSingapore’srepresentationatCAEXPO,the9thCAEXPOsawtheparticipationof18Singaporecompanies,ofwhich13werenewparticipants.Thesecompaniesgeneratedsome360businesscontactswithconfirmedsalesofS$2.39millionandfurtherexpectedsalesof$6million.
TenleadingSingaporecompaniesshowcasedtheircapabilitiesundertheCAEXPOtheme“ScienceandTechnologyCooperation”.
Singapore business delegation with DPR Korea Chamber of Commerce officials in Pyongyang.
Senior Minister of State for Trade and Industry & National Development, Mr Lee Yi Shyan at the 9th CAEXPO.
VIPsgracingCAEXPOincludedChineseVicePresidentMrXiJinping,MyanmarPresidentUTheinSein,PrimeMinistersofLaoPDRandVietnam,DeputyPrimeMinistersofMalaysiaandThailand,inadditionto107ASEANministerialleaders.
SINGAPORE BUSINESS FEDERATION ANNUAL REPORT 2012 43
INCREASING EFFORTS TO ASSIST MEMBERS IN MANAGING RISKS AND ENHANCING
THEIR RESILIENCE AND COMPETITIVENESS
CAPACITY BUILDING
HUMAN CAPITAL,
MENTORSHIP & PRODUCTIVITY
BUSINESS CONTINUITY
MANAGEMENTSUSTAINABLE
DEVELOPMENTGLOBAL
ASIA HUB
CAPACITY BUILDING
BUSINESS CONTINUITY MANAGEMENT‘Risk’ as a Growing Concern across Industries
Uncertaintyintheglobaleconomiclandscapehasledtoanemphasisonriskmitigation,monitoringandmanagementacrossbusinessfunctionsandindustries.Inresponse,SBFincreaseditseffortstohelpitsmemberscopewiththesechangesbyfocusingonseveraltargetedareas.
Supply Chain Leadership Forum, 25 October 2012
Localandinternationalthoughtleaderssharedtheirinsightswithover150seniorbusinessmenonthefuturetrends,businessvalueextractionandsustainablepracticesofsupplychainfromacrisismanagementperspective.
Discussion panel comprising business leaders from the private and public sectors.
Dr Robert Yap, SBF Vice-Chairman, sharing his experience on supply chain logistics.
Participants at the Supply Chain Leadership Forum.
National Security Conference, 22 August 2012
Some650businessrepresentativesattendedtheFederation’sannualNationalSecurityConferencewhichaddressedcybersecurityandpreparedness.Privateandpublicsectorspeakerssharedontherisksposedbyincreasinginterconnectedness,andattacksoncriticalinfrastructurethroughcyberspaceimpactingbusinessesandday-to-daylife.
SINGAPORE BUSINESS FEDERATION ANNUAL REPORT 201246
Participants at one of the many Workplace Safety and Health workshops, “I Should Not Have Assumed! – How to Provide a Safe and Conducive Work Environment”.
SBF benefitted over 350 senior management executives through its financial workshops.
The inaugural Financial Management Journal, of which over 5,000 copies have been distributed.
bizSAFE
Apartfrommakingsafetyanintegralpartofbusinessprocesses,properWorkplaceSafetyandHealthmanagementalsohelpsdriveproductivity.Anincreasingrecognitionofthiscorrelationspurreddemandforthecertificationcourse,whichhadninerunsin2012.
SBFwasalsoreappointedastheRiskManagementAssistedFundagentforasecondtwo-yeartermtohelpbusinessesachievebizSAFEstatus.TheFederationprocessed56applicationsin2012.
Financial Management
Tohelpmembersimprovetheirfinancialmanagementcapability,resilienceandknowledge,aseriesofconferences,seminarsandworkshopswereconductedwithknowledgepartners,attractingover350seniormanagementexecutives.Positiveresponseresultedineightrunsoffinancialworkshops,whichcateredtomanagersfrom60companies.
SBFalsolauncheditsFinancialManagementJournal,‘ShrinkingLiquidityinanInflationaryWorld’.Itcomprisesinsightsfromindustryexperts,andhighlightsthelatestfinancialstrategies,services,innovationandbestpracticesbusinessescanemployinmanagingtheirfinances.5,000copieshavesincebeendistributed.
SINGAPORE BUSINESS FEDERATION ANNUAL REPORT 2012 47
HUMAN CAPITAL, MENTORSHIP & PRODUCTIVITYDriving Productivity-led Growth
Singapore’sshiftintoaneweconomicparadigmcallsforbusinessestorestructuretoreducerelianceonforeignworkers.Helpingcompaniestotransformandachieveproductivity-ledgrowthisakeynationalagenda.ThroughitsrepresentationontheNationalProductivityandContinuingEducationCouncil,SBFprovidesleadershipindrivingnationalproductivityimprovement.
Toenhancecompanies’innovationandproductivity,SBFpartneredtheSingaporeWorkforceDevelopmentAgency(WDA)toraiseindustrycapabilityandcompetitivenessthroughtheEmpoweringEfficiencyandExcellence(3E)Productivityprogramme.Theprogrammefocusesontraining“productivitychampions”andhelpscompaniestoimproveproductivityandqualitythroughbusinessprocessimprovementinkeyareasthatimpactcosts,cycle-time,quality,productivityandcustomersatisfaction.
CompaniesandPMEs(professionals,managers,andexecutives)whoattendedtheprogrammefounditbeneficialandeffectiveinimprovingworkprocesses.
MsLeeChing,OperationsDirectorofValueMaxGroupsaid“ValueMaxrecognisestheimportanceofimprovingproductivityatouroperationslevelandhence,tookupthe3Eproductivityprogramme.IthasgreatlybenefittedValueMaxintermsofimprovingthequalityofprocessesandstreamingouroperations.Theprogrammehashelpedtoempowerefficiencyandexcellenceinourorganisation.”
Launch of PRIME Initiative, 25 May 2012
Tofurtherourefforttodriveproductivity,SBFcollaboratedinaprivate-publicpartnershipwiththeSingaporeWDA,EmploymentandEmployabilityInstitute(e2i),andHumanCapitalSingapore(HCS)–inaProductivity,ResilienceandInnovationforManpowerExcellence(PRIME)programme.ThelaunchoftheprogrammewasgracedbyGuest-of-HonourMrsJosephineTeo,MinisterofStateforFinanceandTransport.
PRIMEisaone-stopholisticplatformforcompaniestoseekconsultancy,humancapitalmanagementandtrainingtocultivatethecultureandskillsetstosustainproductivitygrowth.
Launch of the PRIME initiative with partners and Guest-of-Honour Mrs Josephine Teo, Minister of State for Finance and Transport.
To enhance companies’ innovation and productivity, SBF partnered the Singapore Workforce Development Agency (WDA) to raise industry capability and competitiveness through the Empowering Efficiency and Excellence (3E) Productivity programme.
SINGAPORE BUSINESS FEDERATION ANNUAL REPORT 201248
Sustaining Leadership and Productivity amidst Population Challenges, October 2012
TheseminarwasorganisedbySBF,togetherwithitsPRIMEProgrammepartnersWDA,e2iandHCSattheGlobalEntrepolis@Singapore2012Summit.Attendedbysome130businessleaders,theseminarstimulatedideasandfeedbackthroughapaneldiscussion,whichfeaturedleadingindustryplayerssuchasSBFMentorsMrLimSoonHock,FounderandManagingDirectorofPLAN-B-ICAGPteLtdandChairmanofNationalFamilyCouncil,andMrColinLow,President&CEOofSingaporeInvestmentDevelopmentCorporation.Guest-of-HonourDrAmyKhor,MinisterofStateforHealthandManpower,sharedontheimportanceofbuildingcapabilities,leveragingonolderworkersandproductivity-driveninitiatives.
“While the full impact of the ageing population, or the ‘silver tsunami’ as some may say, may still be some 10 years away, some companies have already come to the realisation that their best and most experienced workers are getting older. Companies need to start building up the capabilities to tackle these challenges now. Companies can automate work process or redesign jobs to reduce the physical strain among older workers.” said Guest-of-Honour Dr Amy Khor, Minister of State for Manpower and Health.
Enabling Business Leaders and Accelerating Growth InsupportoftheEconomicStrategiesCommittee’srecommendationstogrowgloballycompetitivecompanies,SBFhasbeencollaboratingwithSPRINGSingaporeonaMentorshipProgrammethataimstomatchsuccessfulbusinessmentorstopromisingcompanies.Thepurposeistoacceleratebusinessgrowththroughmentoringroundtablesessionsandone-to-onematching.Theprogrammehasattractedfamilyrunbusinesseswhichshareuniquechallenges,suchassuccessionplanningandorganisationalprofessionalisation.SBFMentorswhohelpedfamilybusinessesincludeMrPohChoonAnn,Chairman&CEOofPohTiongChoonLogisticsLtd,MrShabbirHHassanbhai,DirectorofIndoStraitsTradingCoPteLtd,andMrTanPuayHiang,ChairmanofHighvestPteLtd.
Inviewofthesignificanceoffamilybusinessestooureconomy,SBFwillcontinuetoassistandenhancetheircapabilitiesforthebenefitofsucceedinggenerations.Assuch,SBFalsoconductedaSBF-BDOFamilyBusinessworkshopseriesaimedatenhancingthecapabilitiesoffamilybusinessowners.
Vietnam-Singapore Family Business Owners Networking Dinner, 21 June 2012
SBFhostedabusinessnetworkingdinnerforover60VietnamandSingaporefamilybusinessownersaspartofaprogrammeonfamilybusinessmanagement.Participantssharedbestpracticesandexploredpotentialpartnerships.
ThesessionwasgracedbyGuest-of-HonourMrTranHaiHau,AmbassadoroftheSocialistRepublicofVietnam.MentorsfromtheMentorshipProgrammeMrShabbirHassanbhaiandMrPohChoonAnnwerealsopresentandsharedtheirviews.
SBF hosted a business networking dinner for Vietnam and Singapore family business owners.
Dr Amy Khor, Minister of State for Manpower and Health delivering the opening address.
SINGAPORE BUSINESS FEDERATION ANNUAL REPORT 2012 49
SUSTAINABLE DEVELOPMENT BUSINESS GROUP (SDBG)More Singapore industries and sectors adopting sustainable practices
Singapore Sustainability Awards, 3 July 2012
ThethirdSingaporeSustainabilityAwardssawtheparticipationof39companiesfrom18sectors.17localcompanieswererecognisedbyGuest-of-HonourMinisterSIswaranfortheiroutstandingbusinesspracticesandgreenbusinesssolutionsintheSustainableBusinessAwardsandGreenTechnologyAwardscategories.
Green Technology Awardees.
Sustainable Business Awardees.
Delegates at the International Cleantech Network Managers’ Meeting.
Opportunities in the Asia Region and Cross-Country Collaborations
International Cleantech Network Managers’ Meeting, (ICN), 22 – 24 October 2012
AstheSingaporeSustainabilityAlliance’sSecretariat,SDBGhosteddelegatesfrom10countriesattheregion’sfirstICNManagers’meeting.Organisationalsharingandinter-countrycollaborationswerediscussed,resultinginHyfluxbeinginvitedbyCopenhagentoparticipateinalarge-scaleEuropeantrustdemonstrationsiteforwater.
Tohelpbusinessesimprovetheirenvironmentimpactandempowerindustriestoimprovecollectively,SBFwillalsobeintroducingaseriesofsustainabilitydiagnosticworkshops.Thisknowledgewillhelpcompaniesbenchmarkexistingsustainabilityeffortsagainstothercompaniesandindustrybestpractices.
SINGAPORE BUSINESS FEDERATION ANNUAL REPORT 201250
Minister Vivian Balakrishnan delivering the opening address.
Asia Pacific Sustainability Leadership Forum, 25 October 2012
Over30speakersand140participantsfromtheregioncongregatedattheforumwhichfocusedongreengrowthintegration.Paneldiscussionsincludedcommercialisationandcollaborationstrategies,technologyandenergysystemsandfutureprojectionswhichshowcasedSingapore’surbandevelopmentmodel,‘livinglaboratory’projectsandinnovationstomeetresourceconstraints.Aspecialfeaturewasthesharingofbusinessopportunitieswithattendeesbyexpertsfrom12countries,includingtheUS,EuropeandAsia.
“By the end of this (APSLF) session, we hope that you will have visited us, seen us through unfiltered eyes, and be able to go home and say: ‘I have seen the future and it works’.”
– Dr Vivian Balakrishnan, Minister for the Environment and Water Resources.
GLOBAL ASIA HUB PROGRAMME SingaporeiswellpositionedatthecentreofAsia’srisingconsumerandproductionbase.Singaporehasconsistentlybeenrankedastheworld’seasiestplacetostartabusinessandishometomanyforeignenterprises.TheSBFGlobalAsiaHub(GAH)ProgrammeassistsforeigncompaniestoestablishtheirpresenceinSingaporeandexpandintoAsia.
GAHhasdevelopedastrongnetworkofpartnersandin-marketmultiplierstopromoteSingaporeasabaseforforeignenterprises.ItalsorefersforeigncompanieslookingforlocalpartnerstoSBF’smembershipbaseofmorethan19,000companies.
Extensive Outreach to Foreign Enterprises
In2012,GAHreachedouttoover1000foreignenterprisesthrough44localandoverseasoutreachevents.58ofthemwereglobalmid-sizedcompanieswithmorethanS$100mturnover;16establishedtheirpresenceinSingaporeduringtheyear.
Global In-Market Outreach
GAHdeepeneditsin-marketoutreachengagementactivitieswiththelaunchof“SingaporeDay”seminarseriesinChina,IndiaandJapantotapforeignenterpriseskeentoexpandintoAsiathroughSingapore.
GAHconductedfivein-marketseminarsin2012:
a. April2012–Seminaron“Singapore:GatewaytoASEANforChineseCompanies”attheCCPIT6thChineseEnterprisesOutboundInvestmentConferenceinBeijingtoengageChinesecompaniesventuringoverseas.Morethan100Chinesecompaniesattendedtheseminar.
b. June2012–Seminaron“Singapore:GatewaytoAsiaforIndianCompanies”toagroupofmorethan50IndiancompaniesinNewDelhi.TheeventwasheldinconjunctionwithPMLee’svisittoIndia.
c. September2012–“SingaporeDaySeminar”inconjunctionwiththe9thChina-ASEANExpoinGuangxi,Nanningattendedbymorethan60Chinesecompanies.
d. November2012–JointseminarwithCROSSCOOPSingaporeandJapanChamberofCommerceandIndustry(JCCI)tobriefapproximately300JapanesecompaniesonthebenefitsofusingSingaporeastheirAsiahub.
SINGAPORE BUSINESS FEDERATION ANNUAL REPORT 2012 51
Creating New Opportunities Through Business Matching
In2012,GAHfacilitatedfourbusiness matching sessionsbetweenSingaporeenterprisesandthefollowingvisitingdelegations:
a. JapanDieandMouldIndustryAssociation–20Japanesecompaniesand70Singaporecompanies
b. KoreaInternationalTradeAssociation–40Koreancompanieswith56representativesfromSingaporeinthemedicalsector.
c. USCommercialOffice(2events)–50Americancompaniesfrommainlytheaerospaceandotherhigh-techsectorswith60Singaporecompanies.
Helping Representative Offices Upgrade
GAHpartneredbusinessprovidersintax/advisory,legal,HRandfinancialservicestobriefseniormanagementfromRepresentativeOffices(RO)ontheprocess,requirementsandbenefitsofincorporatingacompanyinSingapore.GAHorganisedsevenRObriefingsattendedby127representatives.In2012,some60ROshaveupgradedtheirpresenceinSingaporetoeitherasubsidiaryorabranchcompany.
Deepening Singapore’s Value Proposition as a Business Hub
GAHconductedmorethan20seminarsforvisitingforeigndelegationsfromChina,Russia,theCommonwealthofIndependentStates,VietnamandJapantofamiliarisethemwithdoingbusinessinSingapore.
a. InJanuary2012,GAHhostedagroupof25delegatesfromtheAll-ChinaFederationofIndustryandCommerce(ACFIC),atwhichSingaporeManufacturingAssociation,AssociationofSmallandMediumEnterprisesandSingaporeFurnituresIndustriesCouncilwereinvitedtoconnectandinteractwiththedelegates.
b. Hosteda30-strongdelegationfromAigoEntrepreneurAlliancelookingforaSoutheastAsiancountryasabusinesshubfortheircompanies’expansion.Delegatesweregivenapresentationon“SettingUpBusinessOperationsinSingapore”,followedbyanetworkingsessionwithleadingcorporateadvisory,taxandlegalfirms.
c. FacilitatedbusinessnetworkingsessionsfordelegationsfromYiwuandLianyungang,aswellas30C-LevelexecutivesfromKingdee,oneofChina’slargestsoftwarefirms.
d. Hostedagroupof30VietnamesefamilybusinessesinJune2012toapresentationondoingbusinessinSingapore,followedbyanetworkingdinnerwithSingaporecompanies.
Dialogue with C-Level executives from Kingdee.Networking session with visiting delegation from All-China Federation of Industry and Commerce.
SINGAPORE BUSINESS FEDERATION ANNUAL REPORT 201252
Developing Tools to Engage Foreign Companies
Business Services Resource Guide
TofacilitatebetterunderstandingofSingapore’sbusinessenvironment,GAHpublishedtheBusinessServicesResourceGuideinEnglish,ChineseandJapanese.TheGuide,whichprovidesessentialinformationondoingbusinessinSingapore,waspublishedincollaborationwithGAH’spartners–RSMChioLim,OCBCBank,KnightFrank,WongPartnershipandJCCI.
TheChineseandJapaneseGuideswerepublishedtocatertotherisingnumberofChineseandJapanesecompaniesexploringSingaporeastheirregionalbusinesshub.
Singapore Top Enterprises Directory
SBFalsopublishedaninauguralBusinessReferenceofSBFMemberCompaniestitled“Singapore–TopEnterprises”.Rankedbypaid-upcapital,thedirectoryisahandyreferenceforforeigncompanieslookingforbusinesspartnersinSingapore.
SINGAPORE BUSINESS FEDERATION ANNUAL REPORT 2012 53
SINGAPOREBUSINESSFEDERATION’SOVERSEASPARTNERS
TRADE ASSOCIATIONS, BUSINESS CHAMBERS & ORGANISATIONS
ASEAN • ASEANBusinessAdvisoryCouncil
• BoardofInvestmentThailand
• BoardofTradeofThailand
• CambodiaChamberofCommerceandIndustry
• FederationofMalaysianManufacturers
• IskandarRegionalDevelopmentAuthority
• LaoNationalChamberofCommerceandIndustry
• MakatiBusinessClub,Philippines
• MalaysiaExternalTradeDevelopmentCorporation
• MalaysiaInternationalChamberofCommerce&Industry
• MalaysianInvestmentDevelopmentAuthority
• PhilippineChamberofCommerceandIndustry
• ThaiChamberofCommerce
• TheIndonesiaChamberofCommerceandIndustry
• TheNationalChamberofCommerceandIndustryofMalaysia
• UnionofMyanmarFederationofChambersofCommerceandIndustry
• VietnameseChamberofCommerce&Industry
OCEANIA • AustralianChamberofCommerceandIndustry
• NewZealandInternationalBusinessForum
SOUTH ASIA• ConfederationofIndianIndustry
• FederationofBangladeshChambersofCommerceandIndustry
• FederationofIndianChamberofCommerceandIndustry
• TheAssociatedChambersofCommerceandIndustryofIndia
• TheBoardofInvestmentofSriLanka
• WestBengalIndustrialDevelopmentCorporation
NORTHEAST ASIA • All-ChinaFederationofIndustry&Commerce
• ChinaCouncilforthePromotionofInternationalTrade
• China-ASEANExpoSecretariat
• ChineseNationalFederationofIndustries,Taiwan
• DPRKoreaChamberofCommerce
• EastAsiaBusinessCouncil
• FederationofKoreanIndustries
• HongKongGeneralChamberofCommerce
• HongKongTradeDevelopmentCouncil
• KoreaInternationalTradeAssociation
• MacaoChamberofCommerce
• NipponKeidanren
• TheChineseInternationalEconomicCooperationAssociation,Taiwan
CENTRAL ASIA • ChamberofCommerceandIndustryof
Uzbekistan
• KurdistanChamber-Sullimaniah
• TheUnionofTheChamberofCommerceandIndustryoftheRepublicofKazakhstan
AFRICA • AlgerianChamberofCommerce&Industry
• BoardofInvestmentofMauritius
• CapeVerdeInvestmentPromotionAgency
• ChamberofCommerceofPointeNoire
• ConfederationofEnterprisesofMorocco
• Coted’Ivoire’sChamberofCommerceandIndustry
• GabonChamberofCommerceandIndustry
• GeneralAuthorityforInvestmentandFreeZones,Egypt
• LibyanBusinessCouncil
• MauritiusChamberofCommerceandIndustry
• TunisianEmployer’sAssociationforIndustry,Trade&Handicrafts
SINGAPORE BUSINESS FEDERATION ANNUAL REPORT 201254
MIDDLE EAST• AbuDhabiChamberofCommerceandIndustry
• AjmanChamberofCommerceandIndustry
• BahrainChamberofCommerce
• DubaiChamberofCommerceandIndustry
• EgyptianBusinessmen’sAssociation
• IranChamberofCommerce,IndustriesandMines
• JordanChamberofCommerce
• OmanChamberofCommerceandIndustry
• QatariBusinessmenAssociation
• SharjahChamberofCommerceandIndustry
• TheCouncilofSaudiChambersofCommerceandIndustry
• TheKuwaitChamberofCommerceandIndustry
• TheQatarChamberofCommerceandIndustry
• TheTradePromotionOrganizationofIran
EUROPE• AllRussiaBusinessUnion“DelovayaRossia”
• AllRussiaPublicOrganizationandSmall&MediumBusiness“OporaRussia”
• AustrianFederalEconomicChamber
• BulgarianChamberofCommerceandIndustry
• ChamberofCommerce&IndustryofRomania
• ConfederationofFinnishIndustriesEK
• ConfederationofIndustryoftheCzechRepublic
• EconomicandCommercialOfficeSpain
• EstonianChamberofCommerceandIndustry
• ForeignEconomicRelationsBoard(DEIK),Turkey
• ForeignTradeChamberofBosniaandHerzegovina
• InternationalChamberofCommerceLithuania
• InvestMacedonia
• ITDHungary
• PolishChamberofCommerce
• SwissBusinessFederationEconomiesuisse
• TheChamberofCommerceandIndustryoftheRussianFederation
• TheIrishBusinessandEmployersFederation
• TheUkrainianNationalCommitteeoftheInternationalChamberofCommerce
• TheUnionofChambersandCommodityExchangesofTurkey
• UkrainianLeagueofIndustrialistsandEntrepreneurs
• UkrainianChamberofCommerceandIndustry
AMERICAS• AsiaPacificFoundationofCanada
• Chile-PacificFoundation
• Export-ImportBankoftheUnitedSates
• NationalAssociationofProfessionalEmployerOrganizations
• ProMéxicoTradeandInvestment
• SociedaddeComercioExteriordelPerú
• USandForeignCommercialService
• USDepartmentofCommerceInternationalTradeAdministration
INTERNATIONAL • APECBusinessAdvisoryCouncil
• Asia-PacificEconomicCooperationSecretariat
• ChineseTaipeiAPECStudyCentre
• ConfederationofAsia-PacificChambersandIndustry
• InternationalChamberofCommerce
• NationalCenterforAPEC
• RussiaNationalBusinessCentreforAPEC
SINGAPORE BUSINESS FEDERATION ANNUAL REPORT 2012 55
SINGAPOREBUSINESSFEDERATIONLISTOFACTIVITIES2012
SEMINARS, WORKSHOPS, DIALOGUE SESSIONS ORGANISED BY SBF
VOICE REPRESENTATION
JANUARY
• ASEAN–IndiaCEOBusinessOutlookForum2012:EconomicGrowthOpportunities&BusinessProspectsinSoutheastAsia&India
• BriefingonEnhancedGuidelinesonFairEmploymentPractices
FEBRUARY
• ASEANSingleWindowRoundtableSession
• InternationalBusinessFellowship:10thExecutiveProgrammeonVietnamPre-departureBriefing
• ASEANFeedbackSessionwithSingaporeFoodManufacturersAssociation
• ASEANFeedbackSessionwithAssociationofSmallandMediumEnterprises
• SeminaronBudget2012
• BriefingonBudget2012forBusinessChambers&TradeAssociations
• ConsultationonImplementationofImportRequirementsforWoodPackagingMaterials
MARCH
• ConsultationSessiononACRAXBRLRequirementStudy
• BriefingonBudget2012:ImplicationsonHR
• BriefingonAmendmentstoWorkInjuryCompensationActandEnhancedGuidelinesonFairEmploymentPractices
APRIL
• LunchwithVisitingVietnamMinisterforPlanningandInvestmentMrBuiQuangVinh
• SingaporeSustainabilityAllianceMeeting(Quarterly)
• BriefingontheEnhancedProductivity&InnovationCredit(PIC)SchemeforConstructionSector
• BriefingontheEnhancedProductivity&InnovationCredit(PIC)Scheme
MAY
• BriefingonNationalWagesCouncil(NWC)Guidelines2012/2013
• BriefingonProductivityIncentivesforTrainingServiceProviders
• TransPacificPartnership:TowardsaSeamlessCommercialEnvironmentintheAsia-Pacific
• SeminaronWork,Family&Wellness–ABusinessImperative
JUNE
• SBF-TemasekForum
• NationalClimateChangeStrategyCommunityDialogue
• BriefingontheProposedEnhancedXBRLSystemandPublicConsultationPaper
• 2ndBriefingonNationalWagesCouncil(NWC)Guidelines2012/2013
JULY
• SeminaronTaxSavingandIncentiveOpportunitiesfortheFoodServices&ManufacturingIndustries
AUGUST
• DialoguewithEmeritusSeniorMinisterGohChokTong
• BriefingonCPFContributionRateChanges2012andtheCapabilityDevelopmentGrant
• BriefingonEnhancedConstructionSafetyOrientationandWorkplaceHealthPromotion
• 2012NationalSecurityConference:“SecuringYourBusinessintheCyberFuture”
SEPTEMBER
• SBFBreakfastDialogueSessionwithH.E.Mr.NguyenPhuTrong,GeneralSecretaryofTheCommunistPartyofVietnam
• BriefingontheChangestoEmploymentofForeignManpowerAct,HRCapabilityProgrammeandCapabilityDevelopmentGrant
• BriefingonFinancialManagementCapabilityProgramme(FMCP)forSMEs
• BriefingonCompany’sTaxObligations,EnhancedProductivityandInnovationCredit(PIC)SchemeandtheEnhancediSPRINT
SINGAPORE BUSINESS FEDERATION ANNUAL REPORT 2012 57
OCTOBER
• SBFSMEConvention
• SharingonCountryInformationinEmergingMarkets–Myanmar&Nigeria
• BriefingontheConstructionProductivityandCapabilityFunds(CPCF)andtheEnhancedProductivityandInnovationCredit(PIC)Scheme
NOVEMBER
• PEP-SBFPro-EnterpriseAwards2012&Dialogue:FosteringCloserPrivate-PublicPartnershiptoEnhanceBusinessSustainability
• ConsultationSessiononReviewoftheEmploymentAct
• FocusGrouponEnhancementstotheProductivityInnovationCredit(PIC)Scheme
BUSINESS FACILITATION & NETWORKING
JANUARY
• DialogueSessionwithAll-ChinaFederationofIndustry&Commerce
• NetworkingSessionwithJCCI/TokyoBusinessChamber
• BusinessNetworkingwithKoreanMedicalDeviceIndustry
MARCH
• SouthAfricaEconomic&BusinessLandscape2012Forum
• SeminaronBusinessOpportunitiesInKazakhstan’sTransport&LogisticSector
• BusinessMatchingSessionwithJapanDie&MoldCompanies
• DialogueSessionwithChineseCEOsDelegation
• DialoguewithGermanFoodDelegation
APRIL
• MiddleEastSeries:SpotlightonQatar
• Brazil2012:MarketOutlook,BusinessandInvestmentOpportunities
• LuncheonwithVisitingNewZealandPrimeMinister
• CCPITOverseasInvestmentForum(Beijing)
• IE–SBFBusinessOpportunitiesinSriLankaSeminar
• MiddleEastCountryBriefingandUpdateSeminar:SpotlightontheKingdomofSaudiArabia
MAY
• CEOBreakfastTalk:NetherlandsasaStrategicPartnerinEurope
• Portugal–SingaporeBusinessForum2012
• NetworkingSessionwithUSTradeDelegation
• NetworkingSessionwithJiangsuProvincialWaterConservancyCommitteeDelegation
• MongoliaBusinessForum
JUNE
• BusinessSeminaronIslamicBanking&OpportunitiesinQatar
• Vietnam–SingaporeFamilyBusinessNetworkingDinner
JULY
• Turkey-SingaporeBusiness&InvestmentForum2012
• Iran–SanctionsandExportControls:WhatItMeansforBusinesses?
• NetworkingSessionwithDanishDelegation–WaterSector
• Singapore-IndiaBusinessForum
• NetworkingSessionwithDelegationfromKunshan,China
• SingaporeSustainabilityAwards2012
• EuropeandChinaSeminar:HowtoProtectYourbusinessandTradeSafely,WhileMinimizingRisks
SINGAPORE BUSINESS FEDERATION ANNUAL REPORT 201258
AUGUST
• SpotlightonCameroon–RoundtableonTradeandInvestment(includingOpportunitiesinDjibouti)
• NetworkingSessionwithH.E.MesfinSeyoum,AmbassadorofEthiopiatoSingapore
• Indonesia-SingaporeBusinessForum
• Access2SuccessIntegratedProgramme:MarketEntrytoVietnamHealthSectorWorkshop
• NetworkingSessionwithDelegationfromYiwu,China
• NetworkingSessionwithDelegationfromHebei,China
• DialogueonFuturePakistan–BusinessToday
SEPTEMBER
• Russia-SingaporeBusinessForum
• TomskRegionSeminar(RussianFederation)–BusinessSeminarandNetworkingSession
• CapeVerdeSingaporeBusinessForum
• SaudiArabiaBusinessMatchingSession
• Singapore-MyanmarLuncheonDialogue
• NetworkingSessionwithHainanDelegation
OCTOBER
• GlobalEntrepolis@Singapore2012
• GlobalEntrepolis@Singapore–MiddleEast(SharjahSegment)Forum
• GlobalEntrepolis@Singapore–UkraineForum
• GlobalEntrepolis@Singapore–SupplyChainLeadershipForum
• GlobalEntrepolis@Singapore–SustainingLeadershipandProductivityamidstDemographicChallenges
• AsiaPacificSustainabilityLeadershipForum
• The7thKoreaSingaporeBusinessRoundtable–BusinessNetworkingwithKoreanMedicalDeviceIndustry
• InternationalCleantechNetworkManager’sMeeting
• BreakfastTalkwithAutodesk
• SBF10thAnniversaryGalaDinner
NOVEMBER
• InnovativeSweden:BusinessSeminar&Networking
• 6thUzbekistan-SingaporeBusinessForum
• OmanInvestmentForum
• SpotlightonZambiaForum
• NetworkingSessionwithChineseDelegationfromXinjiang
• NetworkingSessionwithRussianSkolkovoDelegation
• NetworkingSessionwithChineseDelegationfromTianjinDongli
DECEMBER
• NetworkingSessionwithDelegationLianyungang,China
CAPACITY BUILDING
JANUARY
• WorkshoponLetterofCredit–AnIn-depthUnderstandingforImporters&Exporters
• WorkshoponNEWIncoterms2010
• SeminaronSimplifiedFinancialReportingStandardsforSMEs
• WorkshoponPreparationofFinancialStatementsusingFSManager
FEBRUARY
• Profit-MaximizationStrategies:UsingFinancialEngineeringandOtherTools
• SBF–BDOFamilyBusinessWorkshop–SucceedingGenerations,PreservingTies
• CommunityEngagementProgrammeWorkshop:TheKeytoProtectYourBusiness–AHarmoniousandResilientWorkplace
MARCH
• SBF–HayGroupWorkshop:ThinkReward–RewardingTalentforHighPerformanceGrowth
• ThePrinciplesofBCM&TheSS540:2008BCMTrainingCourse
• SBFGlobalAsiaHubRepresentativeOfficeSeminar
• BreakfastTalkonHighPerformanceCompanies
• SBFWorkshoponLettersofCredit:AnIn-depthUnderstandingforImporters&Exporters
• WorkshoponEmploymentTermination&Dismissal
SINGAPORE BUSINESS FEDERATION ANNUAL REPORT 2012 59
• CXONetworkingLunch:WhereistheCommercialPropertyMarketHeadingin2013?
• AssociationManagementExecutiveCertificateCourse
APRIL
• SovereignDebts,EmergingAsia&CorporatePaymentRisksWorkshop
• WorkshoponTheArtofDraftinganEmploymentHandbook
MAY
• ManagingFinancialRisks:ProtectingYourBottom-LinefromErosion
• ComponentBusinessModelling:IdentifyingStrategicCapabilitiesofYourCoreBusiness
• WhenDisasterStrikes,It’sStillBusinessAsUsual:BuildingResilientRecoveryBlueprintwithIBM
• MentoringRoundtableSessionswithMrTanPuayHiang
• WorkshoponGoods&ServicesTax:UnderstandingGSTtoAvoidCommonPitfallsandManageAuditQueries
• BusinessResilienceChampionsCourse
JUNE
• CEOWorkshop–BizSafeLevel1
• WorkshoponCase-Studieson30Pitfalls,Tricks&TrapsinLettersofCreditTransactions
• WorkshoponSecuringProjectFundingfromInternationalFinancialInstitutions
JULY
• 24x7BusinessContinuity:TheCost-effectiveIBMCloud-basedSolutionforYourBusiness
• SeminaronCorporateGovernanceandDirectors’Duties&Liabilities
• WorkshoponMarineCargoInsurance
• WorkshoponPRCEmploymentLaw
AUGUST
• RiskManagementCourse–BizSafeLevel2
• WorkshoponRetirementandRe-EmploymentAct
• WorkshopOnUnderstandingTheUCP600&ISBP2007
SEPTEMBER
• CapabilityDevelopmentSeminar(ProductivityRoadmap,HumanResource&FinancialManagement)
• StrategicRiskLeadershipWorkshop
• Seminaron“IShouldNotHaveAssumed!HowtoProvideaConduciveandSafeEnvironment”
• CorporateSocialResponsibilityTrends,ThreatsAndOpportunities
NOVEMBER
• BusinessContinuityManagementManagerCourse
DECEMBER
• WorkshoponEmploymentofForeignWorkers–LegalObligations
• SBF–WDAEfficiencyandExcellenceProgramme(3EProgramme)
• WorkshoponAccountingfortheEffectsofForeignExchangeRates
SINGAPORE BUSINESS FEDERATION ANNUAL REPORT 201260
EVENTS SUPPORTED BY SBF
JANUARY
• MeettheExpert–StartitRightandStartitRightNow
• RegionalOutlookForum2012
• Diversity@Work:DevelopingCross-CultureCompetence
• Pre-Budget2012e-TownhallWebchatwithREACH
FEBRUARY
• PeruPiscoFestival–NetworkingSession
• iAdvisorySeminarSeries:DoingBusinessinSouthAfrica
• 14thAPCChEIndustrialSeminars(SustainabilityinPracticeSeminarandProcessSafetyManagementSeminar)
• CorporateSocialResponsibility:BuildingBusinessResilience
MARCH
• DubaiAirportFreezoneConnectingMiddleEast&Asia
• Europe’sEconomy:BetweenCrisisandRecovery,RisksandOpportunities
• JapaneseKabuki–OrganizedbySOTAandVividCreations
• IESingapore–SBFBangladeshSeminar
• 2012–13IndiaBudgetandProspectsfortheIndianEconomy
• IndiaBudget2012Seminar
• BuildingOrganisationalLeadershipThroughExecutiveDevelopment
• BusinessMissiontoBrazil
• iAdvisorySeminarSeries:EmergingbusinessopportunitiesinBangladesh
• AsiaPacificICTSummit2012:SuccesswithDigitalEngagement
• CairoInternationalFair2012
• SME-SMPForum2012:SmallandMedium-SizedBusinesses:HowtoGrowAmidstMarketUncertainties
• Work-LifeExcellenceAward2012
• BusinessMissiontoIndia
• SingaporeBrandConference
APRIL
• LatinAmericaInvestmentSummit
• INTERMOLD2012
• WorldITShow2012(Seoul,Korea)
• “AdvantageKarnataka”:OpportunitiesforBusinessandInvestment
• EthicsinBusinessandLeadership–TheTimeisRight,Now!
• LunchForum:FutureofTechnologyanditsImpactonInnovationandProductivity
• 2012SabahOil&GasConference
• iAdvisorySeminarSeries:DoingBusinessinRussia
• SingaporeMICEForum2012
MAY
• SCCCIExploratoryTriptoBintanIndustrialEstate
• iAdvisorySeminarSeries:DoingBusinessinVietnam
• SeminaronMyanmarandVietnam:UnderstandingBusiness&InvestmentLegalFramework
• AEISBusinessMissiontoHanoi
• EuropeDayCelebrationLuncheon
• SingaporeXBRLNationalConference2012
• BusinessMatchingwithU.S.companies/TradeWindsForumAsia
• VolunteerismConference
• AmChamTransPacificPartnership(TPP)NetworkingNight
JUNE
• KPMG–SPRINGCEORoundtable:BuildingUpYourFinancialManagementCapability
• iAdvisorySeminarSeriesonCanada:TradeandInvestmentOpportunitiesinCanada
JULY
• SIWWSoutheastAsiaBusinessForum
• JakartaInvestmentForum
• TheWorldCitiesSummit
• German-SingaporeBusinessForum2012
• OpportunitiesForBusinessInChina’sRegionalCities
• InformationSecuritySeminar
SINGAPORE BUSINESS FEDERATION ANNUAL REPORT 2012 61
• Inter-AssociationNetworkingNight2012
• SingaporeCompetitionLawConference2012–Antitrust,Business&Compliance–AsEasyasABC?
AUGUST
• AfricaSingaporeBusinessForum
• 5thASEANandAsiaForum
• TaxandTransferPricingandForeignContractorTaxSeminar
• “FootballWithaHeart”–ExecutiveFootballCharityFund-raiser
• NationalSecurityConference(SecuringyourBusinessintheCyberFuture)
• FuturePakistan–BusinessToday
• CrisisAsiaExecutiveDevelopment–CrisisSimulationExercises
• Vietnam’sNewRegulationonForeignContractorTaxandtheDTAwithSingapore
SEPTEMBER
• SpotlightSingaporeYoungEntrepreneurSeries–BratislavaandPragueMission
• IESingaporeiAdvisorySeminarSeries:ThailandBeyondBangkok
• Biomass-to-chemicalsIndustryForum
• NationalDayRally2012–FeedbackExercise
• BusinessIntelligenceAsiaPacificSummit&Awards2012
• SingaporeBusinessMissiontoChileandPeru
• Myanmar2012Tax&InvestmentConference
• CaseStudiesonMarketExit,DivestmentandRepatriatingTrappedCashfromIndochina
• WorkshoponWorkplaceInclusionandJobAccommodationforPersonswithDisabilities
OCTOBER
• LatinAsiaBusinessForum2012
• RiauIslandsProvinceBusinessandInvestmentOpportunitiesForum
• AutodeskManufacturingConference2012
• NationalInfocommAwards2012
• Ernst&YoungEntrepreneurOfTheYear
• InfraOman–2012Oman’sSecondInternationalExhibitionforInfrastructureandIndustrialProjects
• BritCham13thAnnualBusinessAwards–GalaDinner
• FinancialManagementCapabilityProgramSeminar
• BusinessOpportunitiesinEcuador
• 14thMUSIADInternationalFairand16thInternationalBusinessForum
• GlobalSocialInnovatorsForum
• NationalInfocommAwards2012GalaDinner
NOVEMBER
• BusinessLuncheonwithH.E.JohannSchneider-Ammann–Switzerland
• IESingaporeIndonesiaiAdvisorySeminar
• 10thAsiaBusinessContinuityConference
• SingaporeShowcaseinVietnam
• OmanInvestmentForum2012
• SupplyChainWorldSouthEastAsia2012
• SeminaronIPConsultSeriesIntellectualPropertyforSMEs
• SeminaronAccelerateBusinessGrowthThroughHR
• 2012Enterprise50Awards
DECEMBER
• BloombergGlobalGreenBusinessSummit
• BriefingonFairEmployment
• InauguralBangladeshInvestmentSummitUnlockingOpportunitiesforAsianInvestors
• PhilippinesSingaporeBusinessCouncilSeminar
• Trans-PacificPartnership(TPP)Negotiations
• ItalianChamberofCommerceandIndustrySingapore(ICCS)BreakfastTalkonLombardyRegion
• 2ndINDIA–ASEANBusinessFair(IABF)andBusinessConclave
SINGAPORE BUSINESS FEDERATION ANNUAL REPORT 201262
DELEGATION VISITS HOSTED BY SBF
JANUARY
• RoundtablewithChairmanofOmanTenderBoard
• CourtesyCallonSBFChairmanbySingaporeAmbassadortoThailand
• NetworkingSessionwithChineseCEOsDelegationAll-ChinaFederationofIndustryandCommerce
FEBRUARY
• DialogueandDinnerwithFrenchBusinessLeaders
• DialogueandNetworkingSessionwithHEAntonioVillegas,AmbassadorofMexicotoSingapore
• CourtesyVisitbySabahStateMinisterforIndustrialDevelopment,DatukRaymondTan
MARCH
• LuncheonwithH.E.EdmondHaxhinato,DPMofAlbania
• VisitofHerExcellencyMrsCristinaDuarte,MinisterofFinanceandPlanningoftheRepublicofCapeVerdeandHerDelegation
• VisitoftheEasternBlackSeaDevelomentAgency
• LuncheonwithH.E.SerzhSargsyan,PresidentofArmenia
• CourtesyVisitbyNewlyAppointedIndonesiaAmbassadorAndriHadi
• SBFRoundtableSessionwithChineseNationalFederation
• NetworkingSessionwithChineseCEOsDelegation
• NetworkingSessionwithGermanFoodDelegation
APRIL
• RoundtablewithPublicAuthorityforInvestmentPromotionandExportDevelopment–Oman
• RoundtablewithAfBGandSingaporeCompaniesinAfricaforInternationalPressTour
• RoundtablewithSingaporecompanieswithExistingBusinessInterestsinAngola
• MeetingofSingaporeMembersoftheMalaysia-SingaporeBusinessCouncil
MAY
• RoundtablewithAmbassadoroftheRepublicofAngola
• CourtesyCallbyIncheonFreeEconomicZone
• CourtesyCallbyRepresentativeofTaipeiRepresentativeOfficeinSingaporeMrFadahHsieh
JUNE
• VisitbySteveBodjona,Charged’AffairesforTogoEmbassyinJapan
• VisitbyPauloGomes,PresidentandManagingPartnerofConstelorInvestmentsHolding
• DialogueSessionwithHEHussainAlShahristani,DeputyPrimeMinisterforEnergyfortheRepublicofIraq
• PostMissionBusinessNetworkingDinnerwithH.E.AbdulazizAl-Adwani,KuwaitAmbassadortoSingapore
• The8thJointMeetingofMalaysia-SingaporeBusinessCouncil
• Malaysia-SingaporeBusinessCouncilSupportedNetworkingSessiononICTSectorwithSiTFandPIKOM
• SBFNetworkingDinnerwithVietnameseFamilyBusinessesDelegation
JULY
• Chile:TradeandInvestmentRoundtable
• SiteVisitbyPortSultanQaboos(Oman)
• DialogueSessionwithHEUmaruTanoAlMakura,GovernorofNasarawaStateofNigeria
• CourtesyCallonCEObySingaporeAmbassadortoVietnam
• IncomingDelegationfromSocTrang,Vietnam
• IncomingDelegationfromCambodia
• DiscussionSessionwithincomingIndonesiaTaxTreatyFocusGroup
• DelegationfromKunshan,China
AUGUST
• RoundtableonTradeandInvestmentOpportunitiesinDjibouti
• DialogueSessionwithH.E.Luc-AdolpheTiaoPrimeMinisterofBurkinaFaso
• DelegationfromYiwu,China
SINGAPORE BUSINESS FEDERATION ANNUAL REPORT 2012 63
• DelegationfromHebei,China
• DelegationLianyungang,China
• CourtesyCallbyICCImmediatePastPresident,MrRaghuModyonSBFChairman
SEPTEMBER
• RoundtableMeetingwithCllrKgosientsoRamokgopa,ExecutiveMayor,Tshwane
• 4thSingaporeSaudiBusinessCouncilSSBC
• RoundtableMeetingwithMrJohnManzella
• VisitbyHainanDelegation
OCTOBER
• AfBGRoundtablewithChina–AfricaDevelopmentFund
• RoundtablewithH.E.SheikhSultanBinAhmedAlQassimiandSharjahDelegation
NOVEMBER
• 3rdSingaporeOmanBusinessCouncilMeeting
• 1stMeetingofMSBCServicesSub-CommitteeforSingaporeMembers
• ChineseDelegationfromXinjiang
• RussianSkolkovoDelegation
• ChineseDelegationfromTianjinDongli
DECEMBER
• DialogueonSlovakRepublic
• DelegationfromLianyungang,China
OVERSEAS BUSINESS MISSIONS
FEBRUARY
• BusinessMissiontoCongoandDRCongo
• BusinessMissiontoPenang
• IE–SBFBusinessMissiontoMyanmar
MARCH
• InternationalBusinessFellowship:10thExecutiveProgrammeonVietnam
• BusinessMissiontoEurope
MAY
• BusinessMissiontoNigeriaandBenin
• BusinessMissiontoUAE&Kuwait
• BusinessMissiontoTurkey
• BusinessMissiontoSriLanka
JUNE
• BusinessMissiontoMyanmar
JULY
• 19thSouthernAfricanInternationalTradeExhibition
• GermanSingaporeBusinessForum:BusinessMissiontoIndonesia:Jakarta&Batam
• BusinessMissiontoMongolia
• BusinessMissiontoIndia
AUGUST
• SBF&SMaJointMissiontoPyongyang,DPRKorea&Dandong,China
SEPTEMBER
• BusinessMissiontoEthiopiaandDjibouti
• BusinessMissiontoGhanaandTogo
• BusinessMissionto9thChina-ASEANExpo,Nanning,China
OCTOBER
• BusinessMissiontoZambiaandZimbabwe
NOVEMBER
• BusinessMissiontoMyanmar
• BusinessMissiontoCambodia(PhnomPenh)
SINGAPORE BUSINESS FEDERATION ANNUAL REPORT 201264
SINGAPORE BUSINESS FEDERATION10 Hoe Chiang Road #22-01 Keppel Towers Singapore 089315
Tel +65 6827 6828 Fax +65 6827 6807
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