a breakthrough year amidst challengesdownload.sbf.org.sg/sbfannualreport/sbfannualreport2009.pdfa...

A BREAKTHROUGH YEAR AMIDST CHALLENGESANNUAL REPORT 2009

Singapore Business Federation

10 Hoe Chiang Road #22-01 Keppel Towers Singapore 089315

Tel: +65 6827 6828 Fax: +65 6827 6807

www.sbf.org.sg

CONTENTS Our Beginnings, Our Objectives 01

Message from the Chairman 02

Federation Profile Board of Trustees 04 SBF Council Members 06

SBF Committees 12

SBF Secretariat 14

SBF Mission and Vision 16

Review of 2009 17 Representing the Voice of Business 20 Capacity Building and Industry Development 25 Networking and Business Facilitation 29

List of 2009 Activities 41

OUR BEGINNINGS Inthelate1990s,amidtherapidlychanging

globaleconomicandbusinesslandscape,thegovernment,inconsultationandwiththesupportofbusinessleaders,calledforamorecomprehensiveorganisationandrepresentationoftheSingaporebusinesscommunity.

WiththepassingoftheSBFActbyParliamentinJuly2001,allSingapore-registeredcompanieswithapaid-upsharecapitalof$0.5millionandabovebecomemembersoftheSBF.Localchambersofcommerceandindustrywhichrepresenttheinterestsandwelfareofanylocalorforeignbusinessgroup(s)joinasConstituentMembers.

SBFwasestablishedon1April2002andofficiallylaunchedbythethenPrimeMinisterGohChokTongon11April2002.

OUR OBJECTIVES Toenhancetheorganisationofthebusiness

communityinSingapore.

Torepresent,advance,promoteandprotect,inSingaporeandabroad,themajorbusinessinterests(suchasinvestment,tradeopportunitiesandlabourmanagementissues)ofbusinessentitiescarryingoncommerceandindustryinSingapore.

01SingaporeBusinessFederationAnnualReport2009

MESSAGE FROM THE CHAIRMAN

AgainstthebackdropofachallengingenvironmentandtheglobalH1N1outbreakinsecondquarter2009,theSingaporeBusinessFederationactivatedaslewofprogrammesandactivitiestotidemembersovertheirdifficulties.Overall,SBForganisedandsupported275activities,benefitting48,300participants.

A Breakthrough Year Amidst Challenges

SingaporeBusinessFederationAnnualReport200902

TheglobaleconomicslowdownandtheconsequentdeclineinconsumerdemandandinternationaltradeadverselyimpactedSingapore’sexport-orientedeconomy.Companiesfacedthetwinchallengesofdecliningrevenuesandhighbusinesscosts.

AgainstthebackdropofachallengingenvironmentandtheglobalH1N1outbreakinsecondquarter2009,theSingaporeBusinessFederationactivatedaslewofprogrammesandactivitiestotidemembersovertheirdifficulties.Overall,SBForganisedandsupported275activities,benefitting48,300participants.

SBFlauncheditsFundsAssist@EBISprogrammetofacilitatemembers’accesstotheS$5.8billiongovernmentloanspackage.Itorganisedbusinessbriefingstoupdatemembersontheeconomicoutlookandgovernmenthelpschemes.Thefederationtookabusinesssentimentssurveyofitsmembers,theresultsofwhichweresharedwiththetradeandfinanceministries.WearepleasedthattheresiliencepackageunveiledbythegovernmentinBudget2009hadhelpedtoaddresssomeoftheconcernsofourmembers.

SBFalsosteppedupitsengagementofmarketslessimpactedbytheglobalslowdown.Itfacilitatedbusinessexchangesbetweenmembers,andoverseascompaniesandgovernmentagenciesintheMiddleEast,AfricaandsecondtiercitiesinChina,amongstothers.SBFalsowelcomedmorethan50visitingbusinessandofficialdelegationsfromoverseas,providingnetworkingandbusinessopportunitiesforourmembers.TheseinternationalisationeffortsresultedinourmembersgarneringmorethanS$550millionworthofdealsin2009.

Othernotableachievementsin2009includedthesuccessfulhostingoftheAPECCEOSummitandtheAPECBusinessAdvisoryCouncil(ABAC)meetingsinSingapore.HeldinconjunctionwiththeAPECLeaders’SummitchairedbySingapore,thesetwoeventsprovidedkeysoundingboardsforbusinessleadersintheAsiaPacificregion.TheyprovidedfeedbacktoAPECleadersontheprimacyoffreeandopentrade,andmeasurestofacilitatebusiness.2009alsosawthereturnofGlobalEntrepolis@Singapore,aregionalbusinessnetworkingplatformforbusinesscollaborationandinternationalisation.

InNovember2009,SBFinitiatedanimportantforumbetweenourmembersandrepresentativesoftheEconomicStrategiesCommitteeonthenextphaseofSingapore’seconomicdevelopment.ArisingfromthereleaseoftheESC’srecommendationsinFebruary2010,SBFislookingintoinitiativesandschemestoassistbusinessesinproductivityandcompetitivenessthroughskillsupgradingandinnovation.SBFwillalsoincreaseeffortstopromoteSingaporeasaglobalhubandhelpmembersseekgrowthinnon-traditionalmarkets,aswellasinnewbusinessgrowthareassuchasgreentechnologyandsolutions.

Welooktobettertimesin2010.

Tony ChewChairmanSingaporeBusinessFederation

Thefirstninemonthsof2009werechallengingforbusiness.

MESSAGEFROMTHECHAIRMAN 03

AsprescribedbytheSBFAct2001,theBoardofTrusteesisresponsibleforensuringthat:

the Singapore Business Federation acts in furtherance of its objects as set out in the Act and in its Constitution;

the funds and assets of the Federation are properly accounted for and safeguarded; and

the persons who are members of the Council are fit and proper to hold such office.

TheMinisterforTrade&IndustryhasappointedMr.SatPalKhattar,ChairmanofKhattarHoldingsGroupofcompaniesastheChairman.Mrs.TheresaFoo-YoMieYoen,Chairman,TheEsplanadeCompanyLtd,andMrs.FangAiLian,Chairman,GreatEasternHoldingsLimited–GrouparetheothertwomembersoftheBoard.

FEDERATION PROFILE

Board of Trustees


Sat Pal Khattar(Chairman)

MemberofPresidentialCouncilofMinorityRights

ChairmanofKhattarHoldingsGroupofcompanies

ChairmanofIMAAAwardsCouncil

ChairmanofGuocolandLtd.

DirectorofGuocoGroupLtd,GuocoLeisureLtd,HawParCorporationLtd,OUBCentreLtdandLeeKuanYewExchangeFellowship

Co-ChairmanofSingaporeIndiaPartnershipFoundation

Director,InstituteofSouthAsianStudiesManagementBoard

LifeTrusteeofSINDA(anon-profitbodyfortheIndiancommunityinSingapore)

Fang Ai Lian(Member)

Chairman,GreatEasternHoldings–Group

BoardMember,Oversea-ChineseBankingCorporationLimited

BoardMember,SingaporeTelecommunicationsLimited

BoardMember,BanyanTreeHoldingsLimited

BoardMember,MetroHoldingsLimited

BoardMember,MediaCorpPrivateLimited

President,HomeNursingFoundation

President,BreastCancerFoundation

ChairmanofCharityCouncil

Theresa Foo-Yo Mie Yoen(Member)

Chairman,TheEsplanadeCoLtd

Chairman,VivaFoundationforChildrenwithCancerLimited

DeputyChairman,NationalParksBoard

BoardMember,IncomeTaxBoardofReview,MinistryofFinance

Member,BoardofTrusteesofSingaporeNationalEmployersFederation

BoardDirector,EcquariaLimited

FEDERATIONPROFILE 05

FEDERATION PROFILE

SBF Council Members (2008 -2010)

TheSBFCouncil,whichmanagestheaffairsoftheFederation,includesnominated,electedandco-optedrepresentatives.TheCouncilhasaminimumof20andamaximumof26members.

Thethreelocalethnicchambersi.e.SingaporeChineseChamberofCommerce&Industry,SingaporeMalayChamberofCommerce&IndustryandSingaporeIndianChamberofCommerce&IndustryhavepermanentrepresentationintheCouncil.UptoonequarterofthetotalnumberoftheCouncilMembersshallberepresentativesfromforeignchambersofcommerceandindustry.Inaddition,uptosixmemberscouldbeco-optedbytheCouncil.TherestoftheCouncilMemberswouldbenomineesoflocalchambersorelectedrepresentativesofmembercompanies.


Tony Chew Leong Chee(Chairman)

ExecutiveChairman,AsiaResourceCorp

Chairman,KFCVietnamandMacondray&CoInc

IndependentDirector,KeppelCorporation

ChairmanofGoverningBoard,Duke-NUSGraduateMedicalSchoolSingapore

GoverningBoardMember,EconomicResearchInstituteforASEAN&EastAsia

Adviser,SingaporeInstituteofInt’lAffairs

ConferredPublicServiceStarin2008

Chua Thian Poh(ViceChairman)

Chairman&CEOofHoBeeInvestmentLtd

ImmediatePastPresidentofSingaporeChineseChamberofCommerce&Industry

ChairmanofBusinessChina

ChairmanRenCiHospital&MedicareCentre

ChairmanofBishanEastCitizens’ConsultativeCommittee

DeputyPresidentofSingaporeHokkienHuayKuan

MemberofBoardofTrusteesandChairmanofFinance&EstablishmentCommitteeofChineseDevelopmentAssistanceCouncil

Barry Desker(ViceChairman)

Dean,S.RajaratnamSchoolofInternationalStudies,NanyangTechnologicalUniversity

DirectorofInstituteofDefenceandStrategicStudies,NanyangTechnologicalUniversity

ChairmanofSingaporeTechnologiesMarineLtd

WasChiefExecutiveOfficeroftheformerSingaporeTradeDevelopmentBoard(1994-2000)andSingapore’sAmbassadortoIndonesia(1986-1993)

Vijay Iyengar(ViceChairman)

ImmediatePast-Chairman,SingaporeIndianChamberOfCommerce&Industry

ManagingDirector,AgrocorpInternationalPteLtd

Director,SingaporeMercantileExchangePteLtd;IndiaInternationalInsurancePteLtd;RamcoSystemsPteLtd;SriKowshikiInternationalPteLtd;AsianMediaEducationCentrePteLtd;ParameswaraHoldingsLtd;CompassPointToursPteLtdandAmbit(S)PteLtd

MemberofEnterpriseDevelopmentCouncil-SpringSingapore

MemberofTamilLanguageCouncil;MemberofNetworkIndiaSteeringCommittee;AlternateMemberoftheNationalWagesCouncil;MemberofResourcePaneloftheGovernmentParliamentaryCommittee(GPC);Subcommittee6memberoftheEconomicStrategiesCommittee(ESC);MemberofPATalentsAdvisoryCouncil;andPatronofNarpaniPearavai


Lawrence Leow(DeputyHonorarySecretary)

President,AssociationofSmallandMediumEnterprises

ExecutiveChairmanoftheCrescendasGroup

MemberofCentralProvidentFundBoard

MemberofCustomsAdvisoryCommittee,SingaporeCustoms

AdviserofPeople’sAssociation–YouthMovement(PAYM)

MemberofPro-EnterprisePanelsetupbyMinistryofFinance

PatronofYewTeeCitizens’ConsultativeCommitteeandConstituencySportsClub

FormerNominatedMemberofParliament

Bob Tan(HonoraryTreasurer)

Chairman,JurongEngineeringLimited

ChairmanoftheInstituteofTechnicalEducation

DirectorshipsinothercompaniesincludingSMRTCorporationLtd

VicePresidentofSingaporeNationalEmployersFederation

Co-ChairmanofTripartiteAllianceforFairEmploymentPractices

MemberofNationalWagesCouncil

BoardMemberofOngTengCheongLabourLeadershipInstitute

MemberofNTUCClubManagementCouncil

Cheng Wai Keung(HonorarySecretary)

ChairmanandManagingDirector,WingTaiHoldingsLimited

Chairman,NeptuneOrientLinesLtd

Vice-Chairman,Singapore-SuzhouTownshipDevelopmentPteLimited

Director,SingbridgeInternationalSingaporePteLtd

Member,TemasekAdvisoryPanel

ConferredthePublicServiceStar(BBM)in1987,thePublicServiceStar(Bar)(BBM-Lintang)in1997andtheDistinguishedServiceOrder(DUBC)inAugust2007

AppointedJusticeofthePeacesince2000

Dato’ Mohd Zain Abdullah (ViceChairman)

ViceChairman,MiddleEastBusinessGroup,SBFandMember,Malaysia-SingaporeBusinessCouncil

ImmediatePastPresident,SingaporeMalayChamberofCommerce&Industry

ExecutiveChairman,PrestigeMarineServicesPteLtd,PrestigeEnergyPteLtd,PrestigeAir&LogisticsPteLtd,PetaMarineServicesPteLtd,YamHoldingsSdnBhd,VandaTankers(S)PteLtd,AvilaTankers(S)PteLtd,AravindaTankerSdnBhd,E.A.MarineServicesSdnBhdandPMMarineServicesSdnBhd

BoardofTrustee,RahmatanLilAlaminFoundationLtd

Director,JOasisLogisticsPteLtd

ConfermentofDatoship2004–DarjahDato’PadukaTuankuJa’afar(D,.P.T.J)


Desmond Hill(CouncilMember)

DeputyGeneralManager,Penta-OceanConstructionCoLtd

ImmediatePastPresident,SingaporeContractorsAssociationLtdandSingaporeSquashRacketsAssociation

CouncilMember,SingaporeAccreditationCouncil

CouncilMember,NationalCrimePreventionCouncil

CouncilMember,AdvisoryCouncilonCommunityRelationsinDefence(ACCORD)

Member,BuildingandConstructionStandardCommitteeSPRING;WSH(Construction&Landscaping)Committee,WSHCouncil,MOM;andWaterNetwork3rdPanel,PUB

Treasurer,ASEANConstructorsFederation(ACF)

AccreditedAdjudicatorandEvaluator,SingaporeMediationCentre

Simon Cheong(CouncilMember)

ChairmanandCEOofSCGlobalDevelopmentsLtd

ChairmanofAVJenningsLimited

PresidentofRealEstateDevelopers’AssociationofSingapore(REDAS)

BoardoftheRafflesGirlsSecondaryschoolinSingapore,1999-2007

ExecutiveChairmanofMPHLtd(nowknownasVantageCorporationLtd),2002-2004

BoardmemberofSingaporeTurfClub,2001-2002

BoardmemberofSingaporeDanceTheatre,2003-2006

Kristin Paulson(DeputyHonoraryTreasurer)

PastChairmanofAmericanChamberofCommerceinSingapore

GovernorofAmericanChamberofCommerceinSingaporeBoardofGovernors

BoardMember,AccountingandCorporateRegulatoryAuthorityofSingapore(ACRA)

GEEnergyASEANGovernmentRelationsLeader

Trustee,AsiaFoundationSingapore

Francois Guibert (CouncilMember)

ExecutiveVicePresidentandPresidentGreaterChina&SouthAsiaRegion,STMicroelectronics

PresidentoftheEuropeanChamberofCommerce(EUROCHAM),Singapore

Member,SingaporeEconomicDevelopmentBoard(EDB)

Director,VeredusLaboratoriesPteLtd

KnightoftheNationalOrderofMerit(France)


Philip Ng(CouncilMember)

ChiefExecutiveOfficer,FarEastOrganization

ExecutiveChairman,OrchardParadeHoldingsLimited

Non-ExecutiveDirector,SuperCoffeemixManufacturingLimited

Director,SinoGroup(HongKong)

GoverningBoardofTheLeeKuanYewSchoolofPublicPolicy

TheSingapore-ChinaFoundationBoardofGovernors

AdvisoryBoardfortheCentreforLiveableCities(CLC)

ExcoMember,ULI(UrbanLandInstitute)SouthAsiaDistrictCouncil

Chairman,BoardofTrusteesoftheSingaporeUniversityofTechnologyandDesign

Yasuhiko Kitagawa(CouncilMember)

GeneralManager,MitsubishiCorporationSingaporeBranch

President,JapaneseChamberOfCommerce&Industry,Singapore2008-2009

President,JapaneseAssociationSingapore2007-2008

BoardDirector,SingaporeInternationalChamberofCommerce

Director,MitsubishiElevator(Singapore)PteLtd,MCLTSingaporePteLtd,Mi-MiInvestmentSingaporePteLtd,Petro-DiamondSingaporePteLtd,MCFinance&ConsultingAsiaPteLtd,AgrexAsiaPteLtd,DiamondTankerPteLtd,MCDevelopmentAsiaPteLtdandSingapore-SuzhouTownshipDevelopmentPteLtd

Jung Young Soo(CouncilMember)

Chairman,KoreanChamberofCommerce(Singapore)

GlobalBusinessAdvisingDirector,CJGroup

BoardDirector,SingaporeInternationalChamberofCommerce

Auditor,SingaporeLifeLines

Advisor,InvestmentofJeJuSpecialSelf-GoverningProvince

CouncilMember,TheCoreanDongpoNews

Edwin T.F. Khew(CouncilMember)

FormerNominatedMemberofParliament

Director,IUTSingaporePteLtd;CEO&ManagingDirector,IUTGlobalPteLtd

Chairman,SustainableEnergyAssociationofS’pore,S’poreStandardsCouncil(Spring)

Member,NationalClimateChangeCommittee(MEWR),ESCOAccreditationCommittee(NUS),EnterpriseDevelopmentAdvisoryCommittee(Spring),German-S’poreBusinessForumSteeringCommittee(Spring),SupervisoryBoardofSolarEnergyResearchInstituteofSingapore(NUS)

Member,ADB’sE4ALLPartnershipSteeringCommitteeandChairmanofitsEnterpriseDevelopmentWorkingGroup

VP,Exco&CouncilMemberofTheInstitutionofEngineersS’poreandChairmanofManufacturingGroup


Tang Kin Fei(CouncilMember)

GroupPresident&CEO,SembcorpIndustriesLtd

DeputyChairman,InternationalEnterpriseSingapore

Director,SembcorpMarineLtd

President,SingaporeWaterAssociation

Member,APECBusinessAdvisoryCouncil

Co-chair,Saudi-SingaporeBusinessCouncil,andMember,Singapore-TianjinEconomic&TradeCouncil,AbuDhabi-SingaporeBusinessForumandSaudi-SingaporeEconomicCityBusinessForum.RepresentsSembcorpIndustriesontheSingapore-JiangsuCooperationCouncilandSingapore-ZhejiangEconomic&TradeCouncil

Director,SchoolofScienceandTechnology,Singapore

Directorandtrustee,KwongWaiShiuHospital

Robert Yap(CouncilMember)

Chairman&CEOofYCHGroupPteLtd

ASEANBusinessAdvisoryCouncil,SingaporeChairman

FoundingChairmanofSupplyChainAsia

BoardMemberofInternationalEnterpriseSingapore&MaritimeandPortAuthorityofSingapore

BoardofAdvisorsofSchoolofInformationSystemsinSMU,MemberofSingaporeCustomsAdvisoryCommittee&HonoraryAdvisorofSingaporeComputerSociety

Renny Yeo(CouncilMember)

President,SingaporeManufacturers’Federation(SMa)

Chairman,EPCGlobal(SMa)

Director,EDC@SMa

Director,SingaporeCablesManufacturersPteLtd

BoardMember,OakwellEngineeringLtd

Director,SinHengHeavyMachineryPteLtd

Chairman,TheSingaporeAccreditationCouncil(SPRING)

CouncilMember,StandardsCouncil(SPRING)

Chairman,Electrical&ElectronicProductStandardsCommittee(SPRING)

Member,EnterpriseDevelopmentAdvisoryCouncil(SPRING)

ConferredthePingatBaktiMasyarakat(PublicServiceMedal)in2000

Patron,SingaporeProductivityAssociation

Wee Ee Cheong(CouncilMember)

DeputyChairman&CEO,UnitedOverseasBankLtd

DirectorofseveralUOBsubsidiariesandaffiliates,includingFarEasternBank,UnitedOverseasInsurance&UnitedInternationalSecurities

CurrentChairmanoftheAssociationofBanksinSingapore

DirectoroftheInstituteofBanking&Finance

CouncilmemberoftheSingaporeChineseChamberofCommerce&Industry

MemberoftheBoardofGovernorsoftheSingapore-ChinaFoundation

MemberofVisaIncAsiaPacificAdvisoryCouncil,India-SingaporeCEOForum,andtheAdvisoryBoardoftheINSEADEastAsiaCouncil

HasservedasDeputyChairmanofHousing&DevelopmentBoard,DirectorofPortofSingaporeAuthority


SBF COMMITTEESExecutive Committee

ThecommitteehastheauthoritytoactfortheCouncilinpolicy,procedural,programmeandadministrativeissuesanddecisions.Itsetstheoverallgoals,shortandlongtermobjectives,policies,programmesandactivitiesofSBFfortheCouncil’sapproval.

Chairman: Mr.TonyChew

Members: Mr.ChuaThianPoh Mr.LawrenceLeow Ms.KristinPaulson Mr.TangKinFei

Finance and Audit Committee

TheprimaryfunctionoftheFinanceandAuditCommittee(FAC)istoassisttheCouncilinfulfillingitsoversightpertainingtotheFederation’ssystemsofinternalcontrolsincludingfinancial,operational,complianceandriskmanagementwhichManagementandtheCouncilhaveestablished.

Itstermsofreferenceinclude:

toreviewtheaccountingpoliciesoftheFederationtoensurethattheyareincompliancewithaccountingstandardsandinaccordancewiththelaw;

toreview,withtheinternalandexternalauditors,theadequacyoftheFederation’sinternalcontrols,withthepurposeofsafeguardingtheFederation’sassets;

toreviewthebalancesheetandprofitandlossaccountoftheFederationandtosubmitthemtotheCouncilandtheBoardofTrustees;

tonominateandreviewtheappointmentorre-appointmentoftheexternalauditors.

Chairman: Mr.BobTan

Members: Ms.KristinPaulson Mr.SimonCheong Mr.DavidConner Mr.HansJoachimIhrcke

International Relations Committee

ThecommitteeoverseesSBF’seffortsindevelopingandpromotingtradeandinvestmentactivitiesforSingaporecompanies.ItalsofostersthedevelopmentandpromotionofbilateralandmultilateralinteractionbetweenSBFandinternationalbusinesschambers/organisationstobuildgoodwillandcreateapositiveimageforSBF.ThecommitteeleadsSBF’sinternationalrelationsmarketingactivitiese.g.promotionalvisitstooverseascountriesandinreceivingvisitingdelegations.

Chairman: Mr.BarryDesker

Co-Chairman: Mr.KohBoonHwee

Members: Mr.MichaelCheok Mr.MarkHong Mr.V.K.Rajan Mr.TanSengChye Mr.PhilipNg Mr.JungYoungSoo Mr.M.Rajaram Mr.PhilipForrest Mr.FreddyLam


Appointments and Remuneration Committee

TheCommitteewillhelpprovidetheSBFCouncilandManagementwithamorestructuredapprovalprocessonHRcompensationmattersandappointmentofkeypersonnelincluding:

ToperiodicallyreviewtheadequacyofstaffingforvariousunitsintheFederation.

Toperiodicallyreviewtheremunerationpackagesandterms&conditionsprovidedbytheFederation,toensurethatitisinlinewiththeRemunerationPolicyandkeepspacewithchangesintheemploymentmarket.

TodeterminetheoverallRemunerationPolicyoftheFederation.

Toapprovetheappointment,confirmation,promotionandterminationoftheChiefExecutiveOfficerandDeputyExecutiveDirectors.

TodeterminetheannualincrementandbonusestobepaidtotheChiefExecutiveOfficerandDeputyExecutiveDirectors.

Chairman: Mr.ChengWaiKeung

Members: Mr.TonyChew Mr.BobTan

Commercial Ventures Committee

TheCommitteewassetuptoreview,adviseandmakerecommendationsoncommercialventuresrelatingtothecorebusinessofSBFthatwouldbesuitablefortheFederationtoinvestorparticipatein.

Chairman: Mr.EdwinKhew

Members: Mr.DesmondHill Mr.VijayIyengar Dr.RobertYap

Member Relations Committee

TheMemberRelationsCommitteeoverseesSBF’sworkinbuildingupcloserelationshipswithourmembercompanies.Thecommitteeapprovesallvoluntarymembershipapplications,proceduralprogrammes,andadministrativeissuespertainingtomembershipmatters.

ThecommitteeisalsotaskedtodevelopcloseworkingrelationswithallthemajorchambersandbusinessassociationsthatareSBF’sconstituentmemberssoastoenhancetheorganisationofthebusinesscommunityinSingapore.

Chairman: Mr.TangKinFei

Members: Mr.ChengWaiKeung Dato’MohdZainAbdullah

SBFCOMMITTEES 13

SBF SECRETARIAT(AS AT 31 DECEMBER 2009)

CEO

Teng Theng DarChief Executive Officer

Member Relations Group

Cheryl KongAssistant Executive Director

Mabel TangSenior Manager

Siow Ching ChingManager

Serene TanAssistant Manager

Chen ShilingExecutive

Kelly LimExecutive

Celest ChiaAssistant Executive

Jeslyn Heng Assistant Executive

Global Business Group

Tan Poh TeckDeputy Executive Director

ASEAN, China, South & North Asia

Edith CheongAssistant Executive Director

Boey Keng ChewDirector, China & North Asia

Alan TanDirector, ASEAN & South Asia

Juliana GiamDeputy Director, ASEAN

Loong Lai YongSenior Executive, ASEAN

Juliana SeahSenior Executive, China & North Asia

Teo Chi HoweSenior Executive, South Asia

Luan WeiExecutive, China & North Asia

Rafiliah RahimExecutive, ASEAN

Iris WangExecutive, ASEAN

Lim Yue TingAssistant Executive, ASEAN

Teo WeinaAssistant Executive, China, North & South Asia

Americas, Middle East & Africa, Europe & Oceania

Martin YuoonAssistant Executive Director

Cody LeeDirector

Renee KohDeputy Director

George ChanSenior Executive

Cindy ChuaExecutive

Lim ShuzhenExecutive

Claire LimAssistant Executive

ABAC Singapore Secretariat

Quek ShiyunSenior Executive

Alvyn LimProject Executive

Juliana ChongExecutive

Hilda NgAdmin Executive


Corporate Services Division

Esther TanExecutive Vice President

FinanceShirley Lim Finance Manager

Dominic SimAccountant

June TeuFinance Executive

Razima Binte YahyaAccounts Assistant

Corporate SecretariatLai Li PengAccountant

Information TechnologyJohnny SongManager

Evon ChengExecutive (Web Design)

Joshline RajkumarAnalyst Programmer

Oh Khiam BengSupport Engineer

Samsuri Bin Mohamed JalilSupport Engineer

HR & AdminTan Hwee TingSenior Executive

Tan Poh KimAdmin Executive

Huang SiminAssistant Executive

Ramlah Binte MohamedReceptionist cum Admin Assistant

Zainal Abidin Bin A. WahidDriver-cum-Office Assistant

Capacity Building Group

Rita KingSenior Director

MarketingDavid SetiawanMarketing Executive

Linda ChristinaMarketing Executive

Business Continuity ManagementRoland TeoDeputy Director

Eady Ng Executive

Esmond NgAssistant Executive

EnterpriseOne Business Information Services

Veon ChiaSenior Manager

Ivy HuangExecutive

Industry Development

Patrick ChanDirector

Eugenia XuSenior Executive

Corporate Communications

Gerald De CottaDirector

Genette KohExecutive

SBFSECRETARIAT 15

Support businesses to

access international business opportunities

Facilitate business-related

government relations to enhance

pro-enterprise business environment

Partner businesses to enhance competitiveness through capacity building

MEM

BER

RELA

TION

S&SE

RVICESGROUPCAPACITYBUILDINGGROUP

GLOBALBUSINESSGROUP

STRUCTURETOSUPPORTMISSION

VisionAs APEX business chamber, SBF will be the voice of the Singapore business community locally and to the world, and create business value for its members.

MissionAct as the bridge between the government and business in Singapore to create and enhance a conducive business environment.

SBF represents the business community in bilateral, regional, multilateral fora for the purpose of promoting trade expansion and business networking.

SBF MISSION AND VISION

STRATEGICFOCUS


CREATING OPPORTUNITIES THROUGH CHALLENGING TIMESREVIEW OF 2009

CAPACITYBUILDINGGROUP

2009 WAS AN EVENTFUL YEAR FOR SBF.

Overall,2009sawincreasedmembershipparticipationatSBFevents.

Thefederationorganisedandsupported275 activitiesandprograms,includingseminars,workshops,overseasmissions,dialogue,networkingandbusinessmatchingsessionswithvisitingdelegationsbenefittingsome48,300 participants.

Morethan60oftheseactivitieswereorganisedinpartnershipwithvarioustradeassociations,chambersandgovernmentagencies.

Thewidecoverageofinterestsprovidedmemberswithclarityonpolicyissues,marketoutlookaswellasusefulbusinessupdates,networkingopportunitiesandbusinessleadstopursue.

AsSecretariatforAPECBACSingapore,SBFhostedthe2009concludingmeetingoftheAPEC Business Advisory CouncilandorganisedtheAPEC CEO SummithereinSingapore.Italsorepresentedtheinterestsofthebusinesscommunityinotherregionalforums,includingASEANBusinessAdvisoryCouncilandEastAsiaBusinessCouncil.

National Security Dialogue, 4 AugustEconomic Strategies Committee Forum

Ourthree-prongedfocusof:

representingthevoiceofthebusinesscommunity,

helpingmembersbuildcapabilityandresilience,and

facilitatingtheireffortstotapintobusinessopportunitiesworldwide

wasinstrumentalinassistingmemberssecuremorethanS$550millionworthofdeals.

Business Voice Representation275 activities benefitting 48,300 participants

APEC CEO Summit, 12 to 14 November


SBFled16 overseas missionstocountriesinNorthandSouthAsia,ASEAN,theMiddleEastandAfrica.Itreceived51 business and official delegations from 34 countriesincludingTheNetherlands,SriLanka,India,Iran,Turkey,ChinaandseveralAfricanandLatinAmericancountrieswithwhomtheSBFhasdevelopedrapport.2009alsosawthereturnofGlobalEntrepolis@Singapore,aregionalbusinessnetworkingplatformaimedatfosteringtradeandinvestment.

Duringtheyear,SBF’sCapacity Building GrouphelpedmembercompaniestoenhancetheircompetitivenessthroughcapacitybuildinginitiativessuchasEnterpriseOne

BusinessAdvisoryServices,FundsAssist@EBIS,BusinessContinuityManagementandseveralsustainabledevelopmentinitiatives.

Intheareaofsustainable development,SBFhasbeenworkingcloselywithstrategicknowledgeandtechnologypartnerstofacilitateawarenessoflocalandglobalgreenissues.TheSBFSustainableDevelopmentBusinessGroup(SDBG)connectedbusinessestogreenbusinessbestpractices,knowledge,grants,greenprojectopportunitiesandsolutionsinthissector.

Business FacilitationS$550 million worth of deals attributed to SBF’s business facilitation efforts

Capacity Building and Industry Development initiativesEnabling enterprises to build competitiveness and resilience

MOU with Sustainable Energy Association of S’pore Seminar on Doing Business in Europe, 13 February

Business Mission to Oman, 13 to 24 March

FundsAssist@EBIS facilitation service

REVIEWOF2009 19

REPRESENTING THE VOICE OF BUSINESS

National Policy BriefingsIn2009,SBF’sMemberRelationsandServicesGrouporganised14 key national policy briefingsongovernmenthelpschemes,wages,manpower,securityandhealthissuesbenefittingsome13,500participants.Thebriefingswereusefulinupdatingmembersonthelatestdevelopments,andinfacilitatingfeedbacktotherelevantgovernmentagenciesfortheirdecisionmaking.

NotableamongtheseweretheNationalSecurityDialogue;thebriefingonamendmentstotheForeignManpowerPolicy;andtheH1N1briefingwithMOH.ThefederationalsoinitiatedanimportantforumbetweenitsmembersandrepresentativesoftheEconomic Strategies Committee,chairedbyMinisterforFinance,Mr.TharmanShanmugaratnam,aimedatprovidingfreshinsightsandmomentumforthelong-termsustainablegrowthofSingapore.Asamemberofthe25-memberCommittee,SBFhadsoughtsuggestionsfromitsmembersonnewgrowthstrategiesthatthegovernmentandbusinesscommunitycancollectivelychampiontohelpSingaporegrowandmaintainitscompetitiveedge.

Seminars/Conferences/WorkshopsInadditiontopolicybriefings,76seminars,conferencesandworkshopswereorganisedin2009coveringtrading,tax,humanresource,andmanagementissues,benefittingsome2,000participants.

VOICE OUTREACH (LOCAL)

BCM Dialogue with Minister for Health

Surveys/Feedback/Dialogues Surveyswereconductedregularlytounderstandmembers’concerns,sentimentsonbusiness,aswellastogatherfeedbackongovernmentalregulationsandpolicies.

Economic Strategies Committee Forum


Atotalof11surveysand4consultationdialogueswereconductedin2009onBudget2009,theJobsCreditScheme,FluPandemicBusinessGuideforSMEs,NationalWagesCouncilGuidelines2009/2010,BusinessContinuityManagement,CommunityEngagementProgramme,TradeFinance,APECBusinessAdvisoryCouncilSurveyonPriorityRegulatoryImpediments,SurveyonAsia–PacificEconomicCooperationTradeMeasures,aswellastheSBFNationalBusinessSurvey2009.SBFwasalsoinstrumentalincoordinatingandfacilitatingajoint15-chambersurveyonBusinessClimate2009and2010.Thefindingsofthesesurveysweresharedwithmembers,aswellastherelevantauthoritiesandministries.

NWC Guidelines Update, 3 June Post-Budget briefing & Economic Update

VOICE OUTREACH (REGIONAL/INTERNATIONAL)

APEC AstheappointednationalsecretariatfortheAPECBusinessAdvisoryCouncil(ABAC)Singapore,SBFplayedamajorroleinchairingtheABACmeetingsin2009,andhostingtheAPECCEOSummitinSingaporeinNovember.BotheventsarekeysoundingboardsforbusinessleadersinAsiaPacificandactasabusinessplatformtocontributeimportantfeedbacktoAPECleaders.

SBFalsoworkedwithgovernmentagencies(ACRA,MOMandREACH)inorganisingfeedbacksessionsformembers.ParticipatingSBFmembersgavetheirviewsontheaccountingservicesinSingapore,taxrelatedissuesandsharedtheirviewsonbusinessconditions,keymanpowertrendsandchallengesinthewholesaletradeindustry.MemberswerealsoinvitedtoparticipateandcontributecommentsinaPre-BudgetDialogueSessionorganisedbyREACHforBudget2010.

Other ServicesTheSBFBusinessExchangeportal(BIZX),aweb-basedbusinessdirectorywhichenablesmemberstoshowcasetheirproductsandservicestolocalandoverseasmarketsfeaturedlistingsby6,144members.AsSBFisthenationalCommitteeofInternationalChamberofCommerce(ICC)inSingapore,membersenjoyedtheconvenienceofpurchasingICCPublicationsfromSBFwithouttheneedtoorderfromICCParis.

REVIEWOF2009 21

ThemeetingscaponeyearofactivitieswhichincludedfourAPECSMESummits,fivedialoguesessionswithSBFmembers,theBusinessLuncheonwithAPECTradeMinistersandanEaseofDoingBusinessSurveyofthe21APECeconomies.Collectively,theseactivitiesweretargetedatexhortingAPECleadersandtheglobalcommunitytochampionfreeandopentrade,andnotresorttoprotectionismtosolvetheireconomicwoes.

APEC Business Advisory Council AstheABACSingaporeSecretariat,SBFprovidedassistancetotheABAC2009ChairaswellasthetwootherABACSingaporemembers–Ms.ChongSiakChing,PresidentandCEOofAscendasandChairoftheAPECCEOSummit2009,andMr.TangKinFei,GroupPresidentandCEOofSembcorpIndustriesandCo-ChairoftheABACSustainableDevelopmentWorkingGroup.

APEC Partnering for Success Seminar, 2 March

APEC CEO SummitThethemeforABAC2009was“BuildingTowardstheBogorGoalswithOneCommunity”,withthefollowingfocusareas:

AcceleratingRegionalEconomicIntegrationandexploringstepstowardsaFreeTradeAreaoftheAsiaPacific(FTAAP),

ChampioningtheneedforamodelofSustainableDevelopmenttosupportgrowth,

StrengtheningCapacityBuildingforSMEs,and

EnhancingConnectivitytofacilitatetradingacrossborders

Againsttougheconomiccircumstanceswiththeonsetoftheglobalrecession,ABACsoughttonotonlyprovidefeedbackonwaystoaddresstheeconomiccrisis,butalsotofocusonachievingAPEC’slongtermvision–theBogorGoals–offreeandopentradeandinvestmentintheregion.

APEC Business Advisory Council Meeting

HeldannuallyinconjunctionwiththeAPECLeadersSummit,theAPECCEOSummitbringstogethertopbusinessleaders,politicaldecisionmakersandthoughtleadersovertwodaysofdiscussionontopicspertinenttotheglobaleconomyandthebusinesscommunity.Itisanexemplaryshowcaseofclosepublic-privatepartnershipwithintheAPECregion.

Themed“RebuildingtheGlobalEconomy:CrisisandOpportunity”,thisyear’sSummitwasacalltoactionforallparticipants,tothink,shareandlearnto“leadthechange”towardsanewpost-crisiseconomicenvironment.TheSummitsoughttoexaminetheeconomicpracticesofthepast,strengthentheinstitutionstosupporttheglobaleconomicrecoveryprocess,seeknewbusinessmodels,andprepareforsustainedgrowthinthefuture.


President Dmitry Medvedev, Russia

ASEAN Economic CommunityAspartofitsoutreachinsupportofASEANEconomicCommunity(AEC)2015,SBForganisedaseminaron“GrowingSingaporeSMEs”withinthecontextofASEANeconomicintegration,aswellasaworkshopon“ASEANCustomsTransitSystem–TowardsFreeMovementofGoods”,attracting200participants.

AEC2015wouldbenefitSMEsbywayofcloserproximitytomarkets,lowercostsofoverallbusinessoperations,cheaperandgreaterlabourmobilityacrossnationalborders,andfavourablefinancial/taxschemes.OneofthekeypillarstowardstherealisationoftheAECby2015istheimplementationoftheASEANCustomsTransitSystem,aimedateasingcurrentproceduresformovementofgoodstoandfromandthroughtheborderposts,portsandairportsoftheASEANcountries,leadingtosignificantsavingsinlogisticaltimeandcostforcompanies.

Workshop on ASEAN Customs Transit System

ArecordnumberofAPECLeaders,14intotal–includingPrimeMinisterLeeHsienLoong,PresidentDmitryMedvedevofRussia,PresidentHuJintaoofChina,PresidentMichelleBacheletofChile,andPrimeMinisterYukioHatoyamaofJapan–participatedintheSummittogetherwith46topbusinessleadersandworldrenownedthinkers.SomeofthesenamesincludedthelikesofMinisterMentorLeeKuanYew,Mr.PeterLoescher,PresidentofSiemens,Mr.JiangJianqing,ChairmanofICBC,Mr.RexTillerson,ChairmanofExxonMobil,andMr.RobertZoellick,PresidentoftheWorldBank.TheCEOSummitattractedsome1,600participantsfrom39economiesintheAsia-Pacificregionandbeyond.

President Hu Jintao, China

AEC 2015 Seminar, 22 April

REVIEWOF2009 23

ASEAN Business Advisory Council (ASEAN-BAC)Atthe6thASEANLeadersandASEAN-BACDialogueinFebruary2009inHuaHin,Thailand,ASEAN-BACrecommendedthesettingupofanASEANfundtoprovideASEANcompaniesaccesstoaffordablefinancingarisingfromthecreditsqueezebroughtaboutbytheglobaleconomicslowdown.

Additionally,ASEAN-BACproposedthedevelopmentofanASEANJVcompanytocapitaliseonthecomparativeadvantagesofASEANmembercountries,mainlyonagriculturalcommodities.ASEAN-BACalsosoughtsupportfromtheLeadersfortheimplementationoftheASEANGreenLanetoaddvaluetothemanufacturingbasesinASEAN.

SBFCouncilMemberandASEAN-BACCo-chairman,Dr.RobertYap,ledASEAN-BAC’srepresentationontheGreenLaneproject.Singapore’sotherASEAN-BACmembers,Ms.LowSinLengandMr.SunnyVerghese,participatedinASEAN-BACmeetingsandprovidedtheirsupport.

Theaforesaidproposalsweresubmittedasareportduringthe7thASEANLeadersandASEAN-BACDialogueinOctober2009.

East Asia Business Council (EABC) AtitsmeetinginAugust2009inBangkok,EABCdiscussedrecommendationstomaintaintheresilienceofEastAsiaamidsttheweakglobaleconomicclimate.OnerecommendationwasthecreationofmicrocreditfundsforSMEs,especiallymicro-enterprises,inASEANcountries.

EABCinitiatedtheenhancementofEABCwebsiteforB-to-BexchangesamongtheASEAN+3countries,aswellaspresenteditspositionontheSingapore-KunmingRailLink.TheB-to-BportalisaninitiativeofSingaporeEABC

member,Mr.KwekLengJoo,whoischairmanofEABCWorkingGrouponTradeandInvestment.Torealisetheproposal,SingaporeEABCmember,Mr.AylwinTan,isinvolvedintheimplementationoftheproject,whilstMr.ChoePengSum,supportedSingapore’scontributiontoEABC.

Economic Research Institute for ASEAN and East Asia (ERIA)Atthe2ndGoverningBoardMeetingandHigh-LevelSymposiumofERIAheldinJakarta,SBFChairman,Mr.TonyChew,asERIAGoverningBoardMemberfromSingapore,deliveredanaddressonthe“ImportanceofimplementingtheAECBlueprintinASEANandEastAsia–ExpectationsfromtheBusinessSector”.TheSymposium,attendedbyabout200participants,highlightedtheroleofEastAsiaintherecoveryoftheglobaleconomy.


CAPACITY BUILDING AND INDUSTRY DEVELOPMENTCAPACITY BUILDING GROUP

EnterpriseOne Business Information Services (EBIS)Launchedin2007andledbySingaporeBusinessFederation(SBF)togetherwithSPRING,IESingaporeandNationalLibraryBoard,EnterpriseBusinessInformationServices(EBIS)isasuiteofbusinessinformationandadvisoryservicesthatequipSingaporeSMEswiththeknowledgeandskillstocompeteeffectivelyinthelocalandglobalmarketplace.

Amidsttheglobaleconomiccrisisin2009,EBISsupportedthebusinesscommunitybyprovidingupdatedandrelevantbusinessintelligenceonindustrycompetitivelandscapeandmarketentryoptionsaswellasfinancingoptions,marketperformance,challengesandemergingopportunitiesviaaseriesofinsightfulbusinesssharingandnetworkingseminarsandconferences.EBIS’introductionofself-helpfacilitiessuchasonlinetutorialsthattraincompaniesontheuseofdatabasesformarketresearch,andthelaunchofseamlessloginimprovedtheuser‘sonlineexperienceandaccessibilitytobusinessresources.

Intoitsthirdyearofoperations,EBIShasrevampeditservices,providingtieredservicepackagesnamely,EBISGoldandEBISStandardthatwillcatertothevaryingneedsofSMEsevenbetter.Toaugmentserviceaccessibility,SBFhasextendedEBISGeneralServicestoallSBFmembersonacomplimentarybasis.Withtheseenhancements,EBISaimstocontinuetohelpandsupportcompaniesinmakingcriticalbusinessdecisionsontheiroverseasventures.

EBIS Conference, 7 May

REVIEWOF2009 25

FundsAssist @EBIS

Flu Pandemic Business Continuity Programme

Business Continuity Management (BCM)SBFwasappointedthenationalfocalpointin2009todrivetheBusinessContinuityManagementinitiativeto:

RaisethelevelofawarenessoftheimportanceofBCM

IncreasethesupplyofBCMspecialiststhatcansupportourenterprisestobeBCM-ready

MakeBCMmoreaccessibletothebusinesscommunity

Supportenterprises’effortstobecomeBCMcertifiedthroughanincentiveprogramme

ThekeydriverbehindtheinitiativeistheconvictionthataBCM-readyprivatesectorwillcontributetowardsagoodandefficientbusinessinfrastructure,thusenhancingSingapore’sreputationasaTrustedHubforreliableandqualityservice,aswellasimprovingthenation’spreparednessforcrises.TheultimateobjectiveistoencourageenterprisestoadopttheSingaporeStandard(SS540)inBusinessContinuityManagement.

SBForganisedandsupportedaslewofBCMseminarsandfeedbacksessionstospreadtheBCMmessageamongenterprises,particularlySMEs.Italsosupporteda4-partadvertorialinlocalmediainitiatedbySpringSingaporeonthebusinessimpactofBCM.AttheheightoftheH1N1outbreakinMay2009,SBFworkedinconcertwithSpringSingaporetoalertenterprisestotaketheircuefromtheFluPandemicBusinessContinuityGuidewhichitpublicisedonitswebsite,alongsidehealthadvisoriesfromtheMinistryofHealthandotheragencies.Italsoorganisedseveralseminarstokeepbusinessesupdatedontheoutbreak,aswellasmeasurestheyshouldtaketokeepH1N1atbay.

Tohelpcompaniestidethroughtheglobaleconomiccrisis,SBF’sFundsAssist@EBIS,afinancialfacilitationservice,waslaunchedtoassistcompaniesleveragegovernment’s$5.8billionloanpackage.Theprogrammeimpartedusefultipstomemberstohelpthemincreasetheirsuccessrateofaccessingcreditfromfinancialinstitutions.Italsoprovidesaservicetohelpmembersputtogetherabusinessplantofacilitatetheloanacquisition.Inthe10monthsfromFebruarytoNovember2009,SBFengagedandassisted131cases,29caseswereforloans,ofwhichsevenweresuccessful.


TheSingaporeBusinessFederationinauguratedtheSustainableDevelopmentBusinessGroup(SDBG)inAugust2009tofacilitatecommercialisationandadoptionofenergyefficientsolutionsandcleanandgreentechnologiesamongSingaporecompaniesandbusinesses.Italsofocusesoneco-cityorgreenurbansolutions,sustainablemanufacturing,sustainabletransportandlogisticsandenvironmentalpollution.

AsSingapore’sapexbusinesschamber,SBFworkscloselywithstrategicknowledgeandtechnologypartnerstoapprisethebusinesscommunityonthechallengesandthebusinessgrowthopportunitiesofgoinggreen.Itconnectsbusinessestogreenbusinessbestpractices,financing,governmentgrants&incentives,greenprojectopportunitiesandsolutionsinthissector.

In2009,throughtheCleanEnergyTestbeddingCommunityestablishedjointlywithTemasekPolytechnicFuelCellCommunity,theSDBGhelpedanumberofcompaniesinthepilotingandtest-beddingoffuelcellandcleanenergysolutions.

Besidescompanymatches,theSDBGalsofacilitatedcompanies’participationingovernmental-levelprojects,bothlocalandoverseas,includingtheCleanEnergyTest-beddingatPulauUbinwithEnergyMarketAuthority,aswellasSino-SingaporeTianjinEco-cityandtheHangzhou-SingaporeEco-ParkinChina.

INDUSTRY DEVELOPMENT INITIATIVES

Amongtheprogrammesundertakenin2009wastheFluPandemicBusinessContinuityProgrammetohelpatleast1,000companiesbecomeflupandemicpreparedbytheendof2010.SupportedbySpringSingapore,thisinitiativeispartoftheNationalBusinessContinuityManagement(BCM)ProgrammetostrengthenSingaporeenterprises’resilienceagainstthethreatofbusinessdisruptions.Undertheprogramme,companieshavetheirflupandemicpreparednessverifiedbyQualityManagementSystem(QMS)certificationbodies.Uponsatisfactoryreportbythecertificationbody,SBFissuesaverificationcertificateasproofofthecompany’sflupandemicpreparedness.SBFalsoworkedwithindustrypartnersliketheSingaporeComputerSocietytobriefbusinessesontheimportanceofcontinuityplansandcrisismanagementtoolstoaddressnaturalandman-madecalamities,diseaseoutbreaksandcybercrimes.

H1N1 Briefing, 11 May

REVIEWOF2009 27

Aspartofitsremit,theSBF-SDBG,

withthesupportofindustrypartners,initiatedaGreenITSurveyinQ22008,todetermineSingaporecompanies’currentlevelofinterests,adoptionandimplementationplansinGreenIT&Computing.

publishedtheSingaporeSustainableDevelopmentIndustryDirectory(nowinitssecondyear),featuringacomprehensivelistofcompaniesfocusedongreenpracticesandinthebusinessofprovidingcleanandgreensolutions.

isajointpresenteroftheinauguralGreenITAwards2009togetherwithIBMandInstituteofTechnicalEducationwithFrost&SullivanastheknowledgepartnertoraiseawarenessandpromotetheadoptionofgreenITpracticesundertheoverarchingthemeofSustainableDevelopment.TheawardsrecogniseSingapore-basedenterprisesthatchampionholisticgreenITsolutionsthatmeettheneedsofthebusiness,ecologyandsociety.

isajointpresenteroftheinauguralOutstandingSustainabilityAwardswhichrecogniseholisticgreenbusinesssolutionsthatencompasstheeconomic,socialandenvironmentaldimensions.ItaimstostrengthenSingapore’spositionasaninternationalhubinsustainabledevelopmentsolutions,andprovidesmomentumforbusinessgrowthandnewmarketopportunitiesinthesustainabledevelopmentsector.

ledtwobusinessmissionstoChinainlate2009toexploregreenbusinessopportunities,resultinginthesigningoftwoMOUsonthesettingupofaHangzhou-SingaporeEco-ParkandaGreenICTAdoptionInitiativeandJointCollaborationbetweenCleantechPartners,aSingaporeconsortiumandHangzhou-QianjiangAuthorities.

TheSingaporeBusinessFederationwillstepupeffortstofosteradoptionandcollaborationingreenbusinesspracticesandsolutions.Weaimtofacilitateabusinesscommunitythatiscommittedtosustainabledevelopmentwherenewideas,technology,networkingandbusinessopportunitiescanbesharedandpromoted.

Launch of SDBG Clean Energy Testbedding Community


NETWORKING AND BUSINESS FACILITATIONSBF’sGlobalBusinessDivisionled16overseasbusinessmissionsandreceived51visitingbusinessandofficialdelegationsfrom34countriesintheMiddleEastandAfrica,NorthandSouthAsia,ASEAN,Europe,LatinAmericaandCentralAsia.Thebusinessbriefings,networkingandone-to-onecompanymatchingsessionsbenefittedover6,000participants,enablingSingaporecompaniestotapintomorethan$550millionworthofdeals.

CountriesvisitedintheoutboundmissionsincludedOman,Qatar,UAE,Turkey,Iran,Vietnam,Cambodia,SouthAfrica,Angola,Nigeria,Ghana,India,SouthKoreaandtheChinesecitiesofGuangdong,Guangxi,HangzhouandTianjin.

VIPvisitorsfromtheincomingbusinessandofficialdelegationsincludedDutchPrimeMinister,H.E.Dr.JanPeterBalkenendewhohostedaninvestmentlunchforSingaporebusinessleaders.OtherVIPvisitorsincludedthePresidentofVietnam,NguyenMinhTriet;Malaysia’sInternationalTradeandIndustryMinister,Dato’Mustapa;Mr.AnuraPriyadarshanaYapa,SriLankaMinisterforEnterpriseDevelopment&InvestmentPromotion;andMr.FujioMitarai,Chairman,NipponKeidanren(JapanFederationofEconomicOrganisation).

Dutch Prime Minister Dr. Jan Peter BalkenendeBusiness mission to Oman

REVIEWOF2009 29

ASEANHighlightsofactivitiesbytheSBFASEANBusinessGroupin2009include:

MALAYSIASeminar & Dialogue Session on ‘Business Opportunities in Malaysia’ (6 August)TheannualconferencejointlyorganisedbySBF,MITI,MIDA,MATRADEandIESingaporetoenhancebusiness

collaborationbetweentheprivatesectorsofMalaysiaandSingapore,sawthenewlyappointedMITIMinister,Dato’MustapaMohamedleadingatradeandinvestmentmissiontoSingapore.

TheeventincludedadialoguesessionmoderatedbySBFChairman,Mr.TonyChewatwhichMr.LimHngKiang,MinisterforTrade&IndustryandDato’MustapaMohamedfieldedquestionsfromamongthemorethan800participants.Thebusinessmatchingsessionwhichfollowed,benefitted225SingaporeandMalaysiancompanies.

SBF,supportedbytheAssociationofBanksinSingapore,AssociationofSmall&MediumEnterprises,MonetaryAuthorityofSingapore,SingaporeMalayChamberofCommerceandIndustryandSingaporeIndianChamberofCommerceandIndustryorganisedaBusiness Dialogue with Tan Sri Dato’ Sri Dr. Zeti Akhtar Aziz, Governor, Bank Negara Malaysia on “Developments and Opportunities in Malaysia”.Theeventwhichwasattendedby133participantsfromthelocalbusinessandfinancialsectorswasmoderatedbyMr.TengThengDar,CEOofSBF.

SBF,inpartnershipwiththeEDBpresentedthe6theditionofGlobal Entrepolis @ Singaporeonthetheme“BuildingConnections,UnlockingOpportunities”.The2-dayconferenceattracted1,500participantsfromacrosstheAsiaPacificandbeyond,andfeatured67internationalandlocalspeakers.ThehighlightoftheconferenceprogrammewastheAPECSMESummit.TheothertracksweretheGlobalDiasporaBusinessSummit,IndoChinaBusinessLeadersForumandLatin-AsiaBusinessForum.TheForbesAsia“BestUnderABillion”Awards,apartnereventofGES,sawsome200Asiancorporates,includingfourSingaporecompanies,beingrecognisedforbusinessexcellencein2009.


INDONESIABusiness Dialogue with President of Republic of Indonesia H.E. Mr. Susilo Bambang Yudhoyono (19 January)

ThedialoguewasorganisedbySBFinresponsetoanofficialinvitationfromtheIndonesianAmbassadorandTheInvestmentCoordinatingBoardofIndonesia(BKPM)foraSingapore

businessdelegationtomeetIndonesianPresidentSusiloinBatam.ThedelegationwasledbySBFCouncilMemberandSBFASEANBusinessGroupChairman,Dr.RobertYap.HewasaccompaniedbySBFCouncilMembersDato’MohdZainAbdullahandMr.JoachimIhrckeand24participantsfrom21Singaporecompanies.

ThedelegationwasupdatedonBatam,Bintan&Karimun’s(BBK)statusasaFTZandonIndonesia’seconomicperformancein2008andfutureprospects.PresidentSusiloBambangYudhoyonoalsosharedhisgovernment’splanstofighttheglobaleconomiccrisis.

InJanuary,SBFwiththesupportofNetworkIndonesiaorganisedaBusiness Dialogue with Indonesia’s Coordinating minister for Economic Affairs, Dr. Sri Mulyani Indrawati.Sheupdatedagroup

ofSingaporeindustryandcorporateleadersontheIndonesianeconomy,actiontakentoaddresstheimpactoftheglobalfinancialcrisis,includingfiscalpolicyresponse.

Business Mission to Jakarta, Surabaya & Balikpapan (26 to 30 October)Themission,comprising25executivesfrom18companies,wasledbySBFandNetworkIndonesia,andsupportedbyBKPM(InvestmentCoordinatingBoard),KADIN(IndonesiaChamberofCommerceandIndustry),SingChamIndonesiaandHIPMI(IndonesianYoungEntrepreneursAssociation).Thenetworkingsessionsineachofthethreecitiesenableddelegatestoestablish190businesscontactsanddealsworthS$900,000.

VIETNAMInaugural SBF Eminent Leaders Lecture – Vietnam: Partnership for Progress by H.E. Nguyen Minh Triet President of the Socialist Republic of Vietnam (17 November)InhiskeynoteaddressattheVietnam-SingaporeBusinessCongress,PresidentTrietencouragedgreaterbusinesscollaborationbetweencompaniesfrombothcountries.SeniorMinisterS.Jayakumarwhohostedtheevent,deliveredthewelcomeremarks.

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CAMBODIASBFandASMEledaBusinessMissiontoCambodia,17to22August2009,withSBFCouncilMemberandPresidentofASME,Mr.LawrenceLeowasmissionleader.The25delegatesfrom20SingaporecompanieswereupdatedonCambodia’spotentialopportunities,financingoptions,projectfinancing,legal&taxissues,culture,andnorms.SBFalsoorganisedanetworkingteareceptiontolinkparticipantstoCambodianofficialsandbusinessleaders.Discussionsareunderwayforeconomiccollaborationsinvariousbusinesssectors,withthelong-termpossibilityofdirectinvestmentsaswellastradingdeals.

THAILANDSBFandtheThailandBoardofInvestmentandThailandConvention&ExhibitionBureauorganiseda“Thailand Trade and Investment Forum”,16July2009onbusinessopportunitiesandcurrenteconomicupdatesondoingbusinessinThailand.Mr.TanSengChye,formerSingaporeAmbassadortoThailand,inhiscapacityasVice-ChairmanInternationalRelationsCommitteeofSBF,hostedtheeventattendedby70Singaporeparticipants.

Thecongress,jointlyorganisedbySBFandVietnamChamberofCommerce&Industry,attracted237Singaporeparticipantsandrepresentativesfrommorethan80Vietnamesecompanies.Itwasausefulplatformforcompaniesfrombothsidestoexpandtheirnetworkofpotentialbusinesspartners,shareexperiencesandexplorebusinessopportunities.ParticipantsalsogainedabetterunderstandingoftheinvestmentclimateandvariousopportunitiesavailableinVietnam.ThreebusinessMOUsweresignedbetweenVietnameseandSingaporecompanies.

SBFledaBusiness Mission to Hanoi and Ho Chi Minh City, 20 to 25 April 2009toenhancetradeandinvestmentflowsbetweenVietnamandSingapore.The15delegatesfrom14SingaporecompaniesobtainedabetterunderstandingofVietnam’spotentialopportunities,businessethosandculture,aswellasthegroundrulesofbusinessengagementwithVietnam.

SBF,incollaborationwiththeInstituteofSoutheastAsianStudies,organisedtwoseminarson“New Growth Areas in Vietnam: Phu Yen and Lam Dong”.HeldinMarchandJuly,theseminarsprovidedanupdateontheopportunitiesandchallengesofdoingbusinessinthesetwoprovincesandsaw113localparticipantsnetworkingwith63Vietnameserepresentatives.

ParticipantswereapprisedonPhuYen’smasterplan,andwitnessedthesigningofthreeMOUsbetweenPhuYenagenciesandpublicandprivatesectororganisationsfromSingapore.LamDong,withalargeinlandmarket,goodconnectivitytothreebigeconomiccentresandLienKhuongAirport,offerspotentialforthedevelopmentofairlinks.


NORTH ASIA

CHINAGuangdong-Singapore Bilateral Enterprise Council (GSBEC), Guangdong, China (15 October)TheGSBECwassetupjointlybySBFandCCPITGuangdongCouncilastheB-to-BplatformforGuangdongandSingaporeenterprises.ThefirstGSBECMeetingco-chairedbySBFCEOTengThengDarandGuangdongCCPITPresidentChenWenJiewasheldinGuangdongon15October2009,withGuangdong’sViceGovernorWanQingliangastheGuestofHonour.Altogether,42Singaporerepresentatives,including27membersofSingCham,andsome120Guangdongenterprises’representativesattendedthemeeting.

6th China-ASEAN Exposition (CAEXPO) Nanning, Guangxi (20 to 24 October)SBFwasappointedbytheMinistryofTrade&IndustrytoleadSingapore’sparticipationatthe6thCAEXPOheldinNanningfrom20to24October2009.

TheSingaporeNationalPavilion,whichshowcasedSingapore’sadvancedcustomssystem,andexhibitsfromPSAandCrimsonlogic,featuredsevenlocalcompaniesandfourtradeassociations(SBF,SMa,ASMEandSingCham)asexhibitors.ParliamentarySecretaryMr.SamTanfromMTIandMICAtouredtheSingaporePavilion.Singaporewon2awardsforthe6thCAEXPOnamely:“BestExhibitionAward”and“BestTradeVisitorsOrganiserAward.”

SBFtogetherwithSMaandASMEalsojointlyorganisedaBusinessMissiontoGuangxitocoincidewiththe6thCAEXPO.ItwasledbyMr.PohChoonAnn,ChairmanofChinaBusinessCommitteeofSMaandVice-ChairmanofChinaBusinessGroupofSBF,tofostercloserbusinesstiesbetweenbothsides.

6th China-ASEAN Business Investment Summit (CABIS), Nanning, Guangxi (20 October)OrganisedbyPRC’sMinistryofCommerceandCCPITwithsupportoftheGuangxiZhuangAutonomousRegion,the6thCABISwasheldinconjunctionwiththe6thCAEXPO.SBFCEOTengThengDar,deliveredaspeechon“China-ASEANFreeTradeArea–Marketopeningandnewbusinessopportunities”atCABIStoabout100ASEANbusinessleadersandofficials.

ThisisthefirstB-to-BplatformsetupbetweenSingaporeandaprovincialorganisationinChina,enablingSBFmemberstoapproachourcounterpartCCPITGuangdongBranchdirectlyforin-marketsupportandassistancefortheirventuresintoGuangdongProvince.

REVIEWOF2009 33

Agreement on Cooperation between SBF and Fujian Foreign Trade and Economic Cooperation Department, Fuzhou (29 October)

JAPAN

SBF Meeting with Nippon Keidanren Mission (2 December)A26-memberdelegationfromNipponKeidanren(JapanBusinessFederation),ledbyitsChairman,Mr.FujioMitarai,metSBFChairmanMr.TonyChewand14leadingSingaporebusinessmen.ThemeetingdiscussedthepromotionofeconomicintegrationinAsia,advancingbroadregionalinfrastructuredevelopment,roleofthefinancialsector,thechangingAsianbankinglandscapeaswellastheinnovationstrategyinSingaporeandJapan.

AsafollowuptothevisitoftheFujianVice-GovernorMs.ChenHuatoSingaporeinearlyOct2009,SBFandFujianForeignTradeandEconomicCooperationDepartmentinkedanagreementoncooperationtoencouragemembercompaniestoparticipateinthedevelopmentoftheEconomicZoneontheWestCoastoftheTaiwanStraits.Mr.SamTan,ParliamentarySecretaryforTradeandIndustry&InformationCommunicationsandtheArtsandMr.YeShuangyu,ViceGovernorofFujianProvince,witnessedthesigningoftheagreement.

Seminar on China-Singapore Free Trade Agreement (10 February)TheseminarwasorganisedbySBF,IESingaporeandSingaporeCustomssoonaftertheFTAcameintoforceon1January2009.ThisisthefirstcomprehensivebilateralFreeTradeAgreementconcludedbyChinawithanAsiancountrycoveringareasrangingfromtradeingoodsandservicestoinvestmentandeconomiccooperation.159participantsfrom124companiesattendedthisevent.


KOREA4th Korea-Singapore Logistics Council Meeting (14 December)Themeeting,heldon14December2009inSeoul,comprisedfoursessions,namely,“ChallengesandOpportunitiesforLogistics/SupplyChainManagementinAsiaaftertheCrisis”,“Towardexcellenceinlogisticstechnologies:beyondthecurrenteconomyinturmoil”and“Korea-SingaporeLogisticscooperation”.Co-chairmenMr.ChungTae-SoonandDr.RobertYapconcludedthemeetingwiththesigningofanagreementonfuturecooperationinlogistics.

6th Korea-Singapore Business Roundtable (14 December)Theroundtable,heldon14December2009inSeoul,deliberatedfoursessions,namely,“ChallengesandOpportunitiesinKoreaandSingaporeaftertheGlobalEconomicCrisis”,“HowtoCapitalizeonFreeTradeAgreements”,“CooperationinLogisticsSector”and“CooperationinCleanEnergy/RenewableEnergy”.

AnMOUofcooperationbetweenSustainableEnergyAssociationofSingaporeandKoreaNew&RenewableEnergyAssociationwasconcludedattheKSBRTsettingtheframeworkforcooperationbetweenthetwoassociationsintheareaofcleanandrenewableenergy.Therewaspositivefeedbackfromthe29delegatesfrom23SingaporecompanieswhoattendedtheKSBRT.

Business Matching Sessions with Korean CompaniesThreereversemissionsfromKoreaorganisedbyKITA(KoreaInternationalTradeAssociation)visitedSingaporeinJune,SeptemberandNovember2009toexplorebusinesstie-upswithSingaporecompanies.Atotalof39SouthKoreancompaniesfromdiverseindustrieswerematchedwithabout140Singaporecompanies.

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SOUTH ASIALaunch of SBF SOUTH ASIA BUSINESS GROUP (SABG)SABGisahighlevelbusinessnetworkingplatformtoservetheneedsofmembercompaniesoftheSingaporeBusinessFederationandthewiderbusinesscommunitythroughvalue-addedinformationexchangesandservices.Itisopentoallcorporations,companiesandindividualsinterestedintheSouthAsianmarket.LaunchedinJanuary2009,thegroupingrecruited76membersbyyear’send.Altogether16events,twooutboundbusinessmissionsandsevenreversebusinessmissionswerecompletedontheSABGplatform,benefittingsome1,100participants,including232businessmatchesbetweencompaniesinSingaporeandSouthAsia.

INDIASingapore-India Partnership Foundation (SIPF) First Fellow Visit

INDIA Market FocusIndiaremainsthekeymarketinSouthAsiaandthefocus

ofSingaporecompaniesventuringintoSouthAsia.Twobusinessmissionswereorganisedin2009tosouthIndiaandNewDelhiNationalCapitalRegion(NCR)comprising26Singaporeparticipants.

ThreereversemissionsfromIndiawerealsohostedbySBF.TheIndianorganisationswereChemicalandPlasticExportPromotionCouncilofIndia,EngineeringExportPromotionCouncilofIndiaandTiEKerala.ApaneldiscussiononIndia’sengineeringsectorwasalsoorganised.In2009,SBFalsosupported7eventsorganisedbypartnerssuchasIESingapore,InstituteofSouthAsianStudies,SingaporeIndianChamberofCommerceandIndustry,FederationofIndianChambersofCommerceandIndustryandCII.Altogethermorethan750participantswereengagedfortheIndiamarketactivitiesin2009.

Collaboration with New Partner – India Chamber of Commerce (ICC)SBFcollaboratedwithKolkata-basedICCtoorganisean“IndiaInvest2009Conference”inSingaporeon21OctobergracedbyIndianMinisterforRoadTransportandHighways,Mr.KamalNathandMr.S.Iswaran,SeniorMinisterofState,MinistryofTradeandIndustry,andMinistryofEducation,Singapore.Theevent,whichattracted70Singaporeparticipants,isSBF’sfirstcollaborationwithICC,oneofthetopfourpan-Indianbusinessorganisations.TheotherthreeareCII,FICCIandAssochamwithwhomSBFhassignedMOUs.

Mr.LimCheeOnn,Chairman,SingbridgeInternationalSingaporePteLtdfrontedSIPF’sFirstIndiaFellowvisittoIndiainDecember2009.ThevisitmarkedamilestonebetweenSBFandtheConfederationofIndianIndustry(CII)inexploringnewareasofcollaboration,especiallyinthedevelopmentofeco-citiesinIndia.Mr.LimwasaccompaniedbyMr.SatPalKhattar,SingaporeCo-Chairman,SIPFandseveralotherdelegates.AsaresultofthevisitandthemeetingswithtopIndianbusinessleadersandgovernmentofficials,SIPFhadfacilitatedinstitutionallinksbetweenCIIandotherIndianorganisationswiththeirSingaporecounterparts.


SRI LANKAEmerging Market Focus – SRI LANKA

SingaporebusinessinterestinSriLankaincreasedwiththeendofitsmilitaryconflictin2009.Threeeventswereorganised

bySBFtodriveSingaporebusinessinterestsinSriLanka.Theyincludeda“Reconstruction&NewBusinessOpportunities”Seminaron26June,andareversebusinessmissionfromSriLankawhichinvolved122participantsinanetworkingsession.SBFalsosupportedSICCI’sbusinessmissiontoSriLankawhichtookplacefrom16-22November.Atotalof16businessmatcheswerefacilitatedfromthesetwomissions.

NEPAL AND BANGLADESHEmerging Market Focus – NEPAL AND BANGLADESHSBFalsoexploredbusinessopportunitiesinNepalandBangladesh,twonewlyemergingmarkets.Abusinessopportunitiescumnetworkingsessionwithavisiting12-memberConfederationofNepaleseIndustriesdelegationdrew69participantsandfacilitated17businessmatches.AseminarontradeandinvestmentopportunitiesinBangladeshinFebruarydrewin92participants.

MIDDLE EAST & AFRICA Two-wayexchangeswiththeMiddleEastcontinuetoremainstrong,whilstAfricaisemergingasthenextfrontierforSingaporecompanies.

MIDDLE EASTMission to Oman / Qatar / UAE (13 to 24 March)

InconjunctionwithPresidentS.R.Nathan’sstatevisittoOman,QatarandUAE,SBFledanaccompanyingbusinessmissioncomprising29seniorcompanyrepresentativesfromdiverseindustries.ThevisitresultedinthesigningofthreeMOUs,thefacilitationof340businesscontactsandpotentialsalesworthS$80million.

SBFandtheOmanChamberofCommerceandIndustry(OCCI)renewedtheMOUsignedon28March2005toincludenewarticlessuchastheformulationofajointactionplantohelpthebusinesscommunitiesfrombothsidestopromoteandtaponthebenefitsoftheGulfCooperationCouncil-SingaporeFTA.Themissionalsohelpedtoopendoorsandprovidedopportunitiesforcompaniesfrombothsidestoexplorebusinesspartnerships.TwoSingaporecompaniesinkedMOUswithOmanipartnersforjointventuresonthedevelopmentofdrydocksandcablemanufacturing.

REVIEWOF2009 37

Business Mission to Turkey (8 to 15 June)TheSingaporeBusinessFederationandInternationalEnterpriseSingaporejointlyorganisedabusinessmissionintandemwithPresidentNathan’sstatevisittotheRepublicofTurkey.Thedelegationof18seniorcompanyrepresentativesexploredbusinessopportunitiesintheInfrastructureServices,Marine&Offshore,Infocomm,Technology,ConsumerElectronicsandRetailsectors.Themission’sprogramconsistedofaseriesofbriefingsbytopeconomicagencies,andaspecial“Singapore-TurkeyBusinessCollaborations”seminarwhichenableSingaporecompaniestolearnaboutthebusinessandeconomicconditionsinTurkey,aswellascollaborativeopportunitieswithTurkishcompanies.

AnMOUwasalsosignedbetweenTurkey’sForeignEconomicRelationsBoardandSBFtosetuptheSingapore-TurkeyBusinessCounciltopromotebilateraltrade,andcontributetoindustrialandtechnologicalcollaborationbetweenSingaporeandTurkey.

Singapore-Oman Business CouncilThesuccessfulmissiontoOmaninMarch,andtheon-goingstrongeconomicrelationshipspurredtheformationoftheSingapore-OmanBusinessCouncil(SOBC).ApreliminarymeetinginOctober2009forSOBCSingaporeMembers,chairedbyShabbirHassanbhai,discussedthepossibleroadmapthatwouldsubsequentlybetabledatthe1stJointSOBCMeetingwithOmanicounterpartsin2010.Theproposedworkplanfor2010includedthesettingupofajointbusinessportal,businessopportunityconferenceineachcountry,generatingofbusinessleadsandidentificationofpotentialprojectsforjointventures.TheintentisforSOBCmembershiptobethecatalystforthedevelopmentofadatabaseforbusinessmatchmaking.

AFRICA

Business Mission to Angola, South Africa & Mozambique (23 July to 1 August)ThismissionwasorganisedaspartofSBF’sremittoassistmemberstoventureintonewfrontiers.Itcomprised12companiesfromoilandgas,info-communicationstechnology,constructionmachineryandequipment,defensesystemsandtechnologies,gemologicalinstruments,tradingandconsumerproducts.Theparticipatingdelegatesweresatisfiedwiththeoutcomeofthemissionwhichgenerated109businesscontactsandconfirmedcontractstotalingS$54million.


AMERICAS, EUROPE & CENTRAL ASIAMOU between SBF and Russian Business Incubator (14 January)

AMemorandumofUnderstandingwasinkedbetweentheSingaporeBusinessFederationandtheRussianBusinessIncubator(RBI)inJanuaryinconjunctionwiththeofficiallaunchofRBIinSingapore.

Thecooperationagreement,signedbySBFCEO,Mr.TengThengDarandtheCEOofRBI,Mr.SergeyObrezanov,waswitnessedby104membersoftheSingaporebusinesscommunityandahighlevelRussiandelegation

ofbusinessleadersandgovernmentofficialsheretopromotebilateraltradeandbusinessties.Akeyfocusofthiscollaborationisthedevelopmentofscience,technologyandengineeringcapabilitiesandproductsthathavepromotionpotentialintheinternationalmarkets.

ThecollaborationwithRBIisoneofseveralinitiativestopromotebusinessopportunitiesbetweencompaniesfromRussiaandSingapore.PreviouseffortsincludebusinessmissionstoMoscowinJune2008andSt.PetersburginSeptember2005.SBFremainscommittedtoplayingapivotalroleinfacilitatingthemarketdevelopmenteffortsofSingaporecompaniesinRussia.

Russia-Singapore Nanotechnology Conference (4 March)FollowingtheinkingoftheSBF-RBIMOU,SBFco-organisedtheRussia-SingaporeNanotechnologyConference2009todiscussandpromoteinvestmentandbusinessopportunitiesbetweenRussianandSingaporecompanies.

Business Mission to Nigeria and Ghana (12 to 18 October)SingaporeBusinessFederation,SingaporeChineseChamberofCommerceandIndustryandInternationalEnterpriseSingaporeorganisedabusinessmissiontoSub-SaharanAfrica,12to18October2009,ledbyMr.LeeYiShyan,MinisterofStateforTrade&IndustryandManpower.

Thedelegationof44representativesfrom31companies,participatedinabusinessopportunitiesseminar,amatchmakingsessionwith150Nigerianbusinessmen,briefingsbyeconomicagenciesandacallonGhana’sVicePresident.Theactivitieshelpedtheparticipantstoobtainfirst-handbusinessinformationandopeneddoorsforhigh-levelcontactsandleads.Themissionfacilitated164businesscontacts,aswellasfirmandpotentialsalesamountingtoS$140million.

REVIEWOF2009 39

Seniorlevelrepresentativesfrombusiness,governmentandacademiadiscussedinnovationstrategiesandinvestmentopportunitieswiththevisitingDutchdelegation.Traditionalandemergingsectorslikelogistics,waterandenvironmentalmanagement,lifesciencesandresearchandalternativeenergies,providenewpossibilitiesforcollaborationandpartnershipbetweenthetwomarkets.

Kazakhstan-Singapore Business Forum & Networking Session 2009 (17 November)SBF,togetherwiththeEmbassyofKazakhstaninSingapore,organisedtheinauguralKazakhstan-SingaporeBusinessForum2009&NetworkingSession,inconjunctionwiththevisitofa30-memberKazakhdelegationtoSingaporeledbyH.E.YerkhatIsskaliev,ViceMinisterofIndustryandTradeoftheRepublicofKazakhstan.

TheforumhighlightedKazakhstan’scurrenteconomicdevelopments,businessandinvestmentopportunitiesto84SingaporerepresentativesfromtheOil&Gas,Transportation&Infrastructure,Construction&RealEstate,ICT,BankingandFinance,andAutomotiveindustry.

Awiderangeofnanotechnology-relatedtopicssuchasbiomedicaldevices,industrialapplications,cleanenergy,manufacturing,manpower,financialsupport,joint-venturestrategies,infrastructuresandfacilitieswerekeenlydiscussedattheconferenceattendedbymorethan100participants.

ThecombinationofRussia’sexistingadvancedtechnologiesandSingapore’sabilitytobethesupportingplatformforIntellectualPropertyRegistration(IPR)andcommercialisation,andgovernmentfundingunderpinthevalueofthispartnership.

The Netherlands - Singapore: Connecting Innovative Gateway Luncheon (23 October)

SBFandtheNetherlandsForeignInvestmentAgencyjointlyhostedtheinvestmentlunch,inconjunctionwiththeofficialvisitofH.E.Dr.JanPeterBalkenende,PrimeMinisteroftheKingdomoftheNetherlandstoSingapore.HewasaccompaniedbyMrs.MariavanderHoeven,MinisterofEconomicAffairsandtheInnovationPlatformdelegates.

Participantswereencouragedtoexplorethemanyon-goingconstructionprojectsseekingtechnologyexpertisefromSingaporecompaniesforthedevelopmentofindustrialparks,transportinfrastructure,housingandeducationinthemaincitiesofKazakhstan.

Dialogue with Polish Information and Foreign Investment Agency (28 September)

ThedialoguewithThePolishInformationandForeignInvestmentAgency(PAIiIZ)ledbyVicePresidentMrs.BozenaCzajawasorganisedbySBFandtheEmbassyofPoland.H.E.WaldemarDubaniowski,theAmbassadoroftheRepublicofPolandtotheRepublicofSingaporehighlightedhiscountry’sstrongeconomyandvastopportunitiesfordevelopmentofitsurbanandtransportinfrastructure.SBFCEOMr.TengThengDar,whofacilitatedthedialoguediscussion,encouragedSingaporecompaniestolooktoPolandasabaseforinvestmentandexpansionintotheEuropeanmarket.


STEPPING UP AND RISING ABOVE UNCERTAINTIESLIST OF 2009 ACTIVITIES

Seminars/ Dialogue Sessions/ Workshops organised by SBF

JANUARYTripartiteConsultationSessionfor

WSH2018BusinessDialoguewithIndonesia

CoordinatingMinisterforEconomy&MinisterforFinanceIbuDr.SriMulyani

EmployersVisittoHomeTeamAcademy

WorkshoponIncotermsOfficialLaunchofRussian

BusinessIncubator&NetworkingSession

WorkshoponChinaTaxesSeminaronBusiness&

InvestmentOpportunitiesinRiauIsland

NWCBriefingSeminaronBusinessOutlook&

SentimentsDialoguewithHarvardEconomist,

ProfessorHausmannBusinessDialoguewith

IndonesianPresidentH.E.HSusiloBambangYudhoyono

SBF-TemasekPolytechnicCleanEnergyLaunch

Egypt:DialogueSessionwithMr.KarimHehal

Libya:DialogueSessionwithLibyanAmbassador

FEBRUARYSeminarontheExtraordinary

Budget2009WorkshoponUCP600byGary

CollyerBriefingonISO26000DraftDialogueSessionwithEuropean

TechnologyGroupChina-SingaporeFTASeminarWorkshoponEmploymentActEBISNetworkingSession:

InsightsonManagingtheCurrentEconomicDownturn

WorkshoponChinaNewEmploymentContractLaw(ECL)

SeminaronInsiders’ViewsofDoingBusinesswithEurope

SouthAfrica:RoundtableSessionwithPolicyMakers

SeminaronTradeandInvestmentOpportunitiesinBangladesh

BusinessRoundtablewithTianningDelegation

RoundtableSessionwithS’poreAmbassadortoAlgeria

EnhancedFinancingSchemesforLocalEnterprises

WorkshoponLettersofCredit–AnInDepthUnderstandingforImportersandExporters

WorkshoponFinancialReportingStandard21–TheEffectsofChangesinForeignExchangeRates

SeminaronGreenComputing&ITforEnergyEfficiency

TheInauguralbizSAFEConvention2009

BusinessOpportunitiesSeminaronCambodia&LaoPDR

MARCHAPEC2009SINGAPORE–

PartneringforSuccessBusinessSeminar

Russia-SingaporeNanotechnologyConference2009

WorkshoponIncotermsMorningTalk:ManagingRisk

Exposures–ForFinancialInstitutionsandFinancialProfessionalServiceOrganisationsduringthiseconomiccrisis

BriefingonChangestotheForeignWorkerPolicy

BriefingonJobsCreditScheme,SPURandSMEHRCapabilityScheme

BusinessSolutionsSeries:LicensingandEquityParticipationOpportunities

SeminaronPhuYenProvince,Vietnam

VietnamCEO&CIOWorkshop&NetworkingForum

InformalBusinessNetworkingSession:CleanEnergy&SustainableDevelopmentIndustry

EnhancedFinancingSchemesforLocalEnterprises


WorkshoponLettersofCredit–AnIn-depthUnderstandingforImporters&Exporters

DialogueSessionwithHisExcellencySheikhMohammedBinEssaAlKhalifa,CEOofBahrainEconomicDevelopmentBoard

BusinessManagementSeries:DueDiligenceinBuyingorSellingaBusiness

DialogueSessionwithH.E.OldemiroBaloi,ForeignMinisteroftheRepublicofMozabique

APRILDialogueSessionwithMr.

AlcantaroCorrea–PresidentofFederationofIndustriesofSantaCatarinaState

WorkshopontheNEWPRCCorporateIncomeTaxLaw,TransferPricingUpdate&TheirImpactsonBusiness

WorkshoponIncotermsBuyer–SellerMeetin

ConjunctionwiththeVisitingDelegationfromEEPCIndia

CEOBreakfastTalk:8LeadershipLessonsthatwillkeepHigh-PerformanceTeamsTogether

BriefingonGSTE-Filing“APECFORSMEs”Dialogue

SessionSeminaron“ChinaEconomy

andFranchisingBusinessOpportunities”

NetworkingSessionwithDelegationfromHarbin,Heilongjiang,China

ManagingTalentRiskattimesofEconomicDownturn–ISO10015+forStrategicAlignmentofTrainingInvestment

CleanEnergyTestbeddingCommunity(CETC)BusinessFacilitationSeries–“ReductionofBusinessCostsThroughEnergyEfficiencySolutions

NewMemberOrientationSBFSeminar“ASEANEconomic

Community–GrowingSingaporeSMEs”

SCSBusinessContinuityManagementConference

Hands-OnWorkshoponPreparationofFinancialStatementsusingFSManagerFileFinancialStatementswithEaseUsingFSManager

NetworkingSessionDelegationfromJilin,China

Managingset-upandpostset-upissues:10commonpitfallstoavoidinDoingBusinessinIndia

TurkeyBusinessOpportunitiesSeminarandNetworking

SBFBusinessNetworkingDinnerinHoChiMinhCity

MAYWorkshoponIncotermsRe-RunoftheNewMember

Orientation

EBISConference:BusinessFinancing&RevenueOpportunitiesforSingaporeSMEs

Seminar&NetworkingSessionwithTiEDelegationfromKerala(India)

BePrepared–UnderstandingtheNeedforBCM

SBFBusinessDialogueon“DevelopmentsandOpportunitiesinMalaysiawithTanSriDato’SriDr.ZetiAkhtarAziz

BriefingonInfluenzaA(H1N1-2009)&BusinessContinuityManagement

BriefingonCompanyTaxObligations&CompletionofFormC

MeetingwithCixi,ZheijingDelegation

AnOverviewoftheSingaporeFinancialReportingFrameworkForNon-AccountingDirectorsandManagers

CleanEnergy&SustainableDevelopmentIndustryBusinessNetworkingSeries

Hands-OnWorkshoponPreparationofFinancialStatementsusingFSManager

Malaysia-SingaporeBusinessCouncil(MSBC)RoundtablewithMalaysiaMinisterofTrade&Industry–Dato’MustapaMohamed

WorkshoponCaseStudieson30Pitfalls,Tricks&TrapsinLettersofCreditTransactions

LISTOF2009ACTIVITIES 43

EnhancingPersonalandCorporateResilienceDuringUncertainTimes

PostMissiondebrieftoMiddleEast

DoingBusinessinOmanSeminarBriefingontheNationalBusiness

ContinuityManagementProgramme(BCM)

JUNEBriefingonNWCNepalMarketSeminar

&NetworkingwiththeConfederationofNepaleseIndustries(CNI)Delegation

EBISNetworkingTeaSession:BetterBusinessInformation,GreaterMarketOpportunities

BusinessMatchingSessionwithSouthKoreanBusinessDelegation

WorkshoponLettersofCredit-LCExportDocumentation(UCP600&ISBP2007)

ManagingCreditRiskBusinessForum–Looking

beyondJakarta:DoingBusinessinRegionalIndonesia

Singapore-VietnamDaNangRoundtable

6thCAEXPOPromotionConference

RoundtablewithPresidentofBotswana

WorkshoponGST

SBFBusiness–InstitutesofHigherLearning(IHLs)Forum:GreenTechnologiesandSolutions–CleanEnergy,GreenBuildingandGreenIT

BusinessContinuityManagement:HowMuchdoyouknowandhowpreparedareyou?

WorkshoponChinaEmploymentLaw

WorkshoponPRCIndividualIncomeTax(IIT)

RussiaCleanRenewableEnergyForum

ReconstructionandNewBusinessOpportunitiesinSriLanka

BusinessOpportunitiesforSingaporeCompaniesinSino-SingaporeTianjinEco-City

7thAnnualGeneralMeeting

JULYBusinessCommunityDialogue

withMinisterforHealthcumUpdateBriefingonInfluenzaA

Uzbekistan-SingaporeBusinessForum

WorkshoponIncotermsBahrainBusinessSeminarWorkshopon“ASEANCustoms

TransitSystem–TowardsFreeMovementofGoods”

DialogueSessiononRemovingBarriersforBusinessGrowthinAPEC

SeminaronHowCompaniescanLeverageonthePowerofCreativeToolsandDesignDrivenThinkingtoGenerateNewIdeasthatLeadtoInnovation

CleanEnergy&SustainableDevelopmentIndustryBusinessNetworkingSeries

SeminaronOpportunitiesfromUnconventionalCollaborationforPharmaceutical&HealthcareIndustries

BriefingonAuto-Inclusion&SchemeforEmploymentIncome

InauguralMeetingofGSBECinGuangzhou

SafeguardReputation,RevenueandBrand–ImplementingBCMSS540fortheHotelIndustryanditpartners

ThailandTrade&InvestmentForum

RoundtablewithPenangDeputyChiefMinister,StateMinisterforReligiousAffairs,DomesticTrade&ConsumerAffairsandtheExcoofPenang

TheBusinessCaseforImplementingBCMSS540fortheChemicalIndustryanditspartner

BusinessContinuitybeyondFluPandemic

DialoguewithTradeMinister(SBF/IE)

BusinessLuncheonwithAPECTradeMinisters


SeminaronStayingMoreCompetitive&ProfitableintheFoodManufacturingIndustry

UnderstandingInternationalTradeFinanceinaNutshell

ChineseEnterprisesBusinessForum

WorkshoponLettersofCredit-LCExportDocumentation(UCP600&ISBP2007)

SeminaronIndiaBudget-KeyChanges

SeminaronVietnamNewGrowthAreas-DongLamProvince

LaunchofNUS-SBFBusinessAdvisorsProgram

AUGUSTWorkshoponAccountingfor

Long-LivedAssets:FRS16,FRS36,FRS38andFRS40

NationalSecurityDialoguePanelDiscussiononthe

EngineeringSectorinIndiaSeminaronBusiness

OpportunitiesinMalaysiaIndonesiaTaxBriefingThailandFoodExportersBriefing

SessionThailandFoodExporters

Networking2009SeminaronStandingOutamong

CompetitorsinConsumerGoods&RetailingIndustries

SingaporeMeet-The-ExpertsSeminar:ImplementinganAffordableandPainlessBCMwithSS540Certification

SeminaronIndonesiaInvestmentMarketingonTourismSector

SustainabilitySeminarwithLaunchofEcoWorldandOutstandingSustainabilityAward

WorkshoponCorporateTaxWork-LifeConference2009(in

Mandarin)CEOHighTeaTalk:ADialogue

withMichaelJenkins:“GettingthemostoutofLeadershipDevelopment

WorkshoponLettersofCredit-AnIn-deptUnderstandingforImportersandExporters

SEPTEMBEREmployer’sVisittoSAFOpen

HouseIndonesiaMarket“Know-How”

LegalWorkshopWorkshoponIncotermsBusinessMatchingSessionwith

KoreanCompaniesAPECSMESummitinHangzhou,

ChinaWorkshoponCase-Studieson30

Pitfalls,Tricks&TrapsinLettersofCreditTransaction

WorkshoponGoods&ServicesTaxes

OCTOBERBriefingonUpdatesonForeign

ManpowerPolicyWorkshoponIncotermsWorkshoponFRS28–

InvestmentsinAssociatesLaunchofFluPandemicBusiness

ContinuityProgrammeBusinessOutlook&Sentiments

Series:Forecastsfor2009Q4&2010

IndonesianMarket‘Know-How’LegalWorkshop:ServiceSectorFocusinTrading,Distribution,Logistics,RetailandF&B

ForumDiscussionwithGovernment&IndustryExpertPaneltoPromoteandGrowtheCleanandGreenSectorinSingapore

China-ASEANBusinessInvestmentSummit(CABIS)

China-ASEANExposition2009(CAEXPO)

SeminaronFutureTrendsSeminaronAttracting,Training

andRetainingtheGenYWorkshoponFluPandemic

BusinessContinuityProgrammeBusinessContinuityandDisaster

RecoveryStrategiesSeminarSeminaronThrivinginthe

EconomicUpturn–Work-LifeToolsforPersonalandCorporatesuccess


WorkshoponLettersofCredit–AnIn-depthUnderstandingforImporters&Exporters

SeminaronMarketOutlook2010forSMEs–PlanandStrategizeforOptimalReturns

WorkshoponUCP600-CACCIASEANBusinessGroup:

ThailandAutomotiveIndustrySeminar

NOVEMBERWorkshoponIncoterms4thABACMeetingGELeadershipProgrammeIndustrySeminaronESCSeminaronDoingBusiness

inPhilippines:40thYearofSingapore-PhilippinesBilateralRelations

GlobalEntrepolis@SingaporeAPECSMESummitWorkshoponFluPandemic

BusinessContinuityProgramme(2ndseries)

APECCEOSummitSBF-MSBCRoundtablewith

MITIMinisterDato’MustaphaWorkshoponEmploymentActASEANEminentLeader

Lecture:Vietnam–PartnershipforProgress

Kazakhstan-S’poreBusinessForum

LaunchofGreenITAward

Pre-BudgetDialogueSessionforBudget2010(withREACH&MOF)

SBF–KITA,BusinessMatchingSessionwithKoreanCompanies

SeminaronHumanResourceforShippingIndustry

DECEMBERWorkshoponFluPandemic

BusinessContinuityProgramme(3rdseries)

SeminarOnDosandDon’tsoftheCompetitionAct

CEOBreakfastTalkonImprovingSafety&Business

SeminaronEmbracingABrave,NewEconomy:Developingaproduct-ledEconomy

AnEveningTalkon“ResponsesbytheSingaporeCivilDefenseForce(SCDF)”and“TheNationalBusinessContinuityManagement(BCM)Programme”

“FinancingforSMEs”SeminarbySBFandNUSwithHighlightsonNUS-SBFBusinessAdvisorsProgram

SeminaronGlobalBusiness–EconomicRecovery?Incorporating:HowdoesthelatestDubaidebtcrisisaffecttheglobalrecovery

WorkshoponIncoterms2000

WorkshoponChinaEmploymentContractLaw(ECL)

Briefingon(i)TripartiteAdvisoryonManagingManpowerChallengesforEnhancedCompetitiveness&Sustainability(ii)DraftTripartiteGuidelinesontheRe-employmentofOlderWorkers

FeedbackandPartnershipMeetingwithBCMServiceProvidersonNationalBusinessContinuityManagementProgramme

Events Supported by SBF

JANUARY EmployersVisittoHomeTeam

Academy

NOVEMBER Argentina-SingaporeBusiness

Meet2009

DECEMBER TurkishBuyingMission

Programme:Food2009&IPACK2009Exhibitions


Visits Hosted by SBF

JANUARY BusinessDialoguewith

IndonesiaCoordinatingMinisterforEconomy&MinisterforFinance,IbuDr.SriMulyani

OfficialLaunchofRussianBusinessIncubator&NetworkingSession

FEBRUARY2-DayVisitbySaudiArabia

EasternProvinceChamberIncomingCAPEXILBusiness

DelegationfromIndiaVisitbyAssemRagghab,

ChairmanofGAFI,EgyptIncomingDelegationfrom

ChaoYangCity,Liaoning

APRIL NetworkingSession

DelegationfromJilin,China

JUNE VisitofAjmanChamberof

CommerceandIndustryandDelegation

JULYVisitbyMinistersofTatarstan

(ArrangedbyLKYSchool)InauguralMeetingofGSBECin

Guangzhou

RoundtablewithPenangDeputyChiefMinister,StateMinisterforReligiousAffairs,DomesticTrade&ConsumerAffairsandtheExcoofPenang

DialoguewithTradeMinister(SBF/IE)

ChineseEnterprisesBusinessForum

AUGUST SBF-SEASMOUSigningonClean

EnergyandEnergyEfficiencyCollaborationcumCARBONFORUMASIA2009NetworkingWorkshop

VisitbyChina-ASEANBusinessCouncilDelegation

VisitbyChineseNationalFederationofIndustriesfromTaiwan

Visitby6thCAEXPOOrganisingCommitteeSecretariat

VisitbyVietnamVCCIDelegation

SEPTEMBER NetworkingSessionwith

HangzhouDelegationPoland:DialgouewithPAlilZ:

NewOpportunitiesinPoland

OCTOBER BusinessRoundtablewithFujian

ViceGovernorChenHuaanddelegation

Netherlands:InnovationPlatformLuncheoninconjunctionwiththevisitoftheDutchPMtoSingapore

NOVEMBERChina-SingaporeBusiness

LeadersBanquet(SupportedbySBF)

GalaDinnerinHonourofHisExecellencyHuJintaoPresidentofThePeople’sRepublicofChina(SupportedbySBF)

DialoguewithH.E.StefanRozkopal:NewOpportunitiesinSlovakRepublic

SBF-MSBCRoundtablewithMITIMinisterDato’Mustapha

MeetingwithNipponKeidarenDelegation

ReverseBusinessMissionfromSriLanka

Overseas Business Missions

MARCHBusinessMissiontoOmar,Qatar

&UAE

APRILBusinessMissiontoVietnam

JUNEBusinessMissiontoHydrogen

+FuelCells2009,Vancouver,Canada

BusinessMissiontoTurkey


JULY BusinessMissiontoGuangdongBusinessMissiontoSouthAfrica

&Angola

AUGUSTBusinessMissiontoCambodiaBusinessMissiontoTamilNadu,

India

SEPTEMBER BusinessMissiontoTianjin

Eco-CityandChinaInternationalNewEnergyExpo2009

OCTOBER BusinessMissiontoIranBusinessMissiontoNigeria

andGhanaBusinessMissiontoGuangxi,

ChinaBusinessMissiontoIndonesia

NOVEMBER BusinessMissiontoHangzhou

withMOUSigningreHangzhou-SingaporeEco-Park

DECEMBER BusinessMissiontoSouthKorea

inconjunctionwith6thKorea-SingaporeBusinessRoundtable&4thKorea-SingaporeLogisticsCouncilMeeting

BusinessMissiontoNewDelhi

MOUs signed in 2009

JANUARY AsiaIncForumEnterpriseDevelopmentCentres

&EBIS@SBFSPRINGSingaporeRussianBusinessIncubatorTemasekPolytechnicInternationalEnterprise

SingaporeTheWorld&VietnamReport

(MinistryofForeignAffairs)SingaporeChamberofCommerce

andIndustryofChina

FEBRUARY NationalUniversityofSingapore

JUNE AjmanChamberofCommerce

andIndustry,UAETheUnionofChambers&

CommodityExchangesforTurkeyForeignEconomicRelations

Board,TurkeyBotswanaExportDevelopment&

InvestmentAuthority(BEDA)

JULY SingbridgeInternational

SingaporePteLtd&AdministrativeCommitteeofGuangzhouDevelopmentDistrict,China

AUGUST SustainableEnergyAssociation

ofSingapore

SEPTEMBER WorkplaceSafetyandHealth

Council

OCTOBER FujianProvincialDepartment

ofForeignTrade&EconomicCo-operation,PRC

DECEMBERRomania-SingaporeChamber

ofCommerce&IndustryKoreaInternationalTrade

Association


CONTENTS Our Beginnings, Our Objectives 01

Message from the Chairman 02

Federation Profile Board of Trustees 04 SBF Council Members 06

SBF Committees 12

SBF Secretariat 14

SBF Mission and Vision 16

Review of 2009 17 Representing the Voice of Business 20 Capacity Building and Industry Development 25 Networking and Business Facilitation 29

List of 2009 Activities 41

A BREAKTHROUGH YEAR AMIDST CHALLENGESANNUAL REPORT 2009

Singapore Business Federation

10 Hoe Chiang Road #22-01 Keppel Towers Singapore 089315

Tel: +65 6827 6828 Fax: +65 6827 6807

www.sbf.org.sg

a breakthrough year amidst challengesdownload.sbf.org.sg/sbfannualreport/sbfannualreport2009.pdfa...

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