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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
SingaporeBusinessFederationAnnualReport200904
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.
SingaporeBusinessFederationAnnualReport200906
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
FEDERATIONPROFILE 07
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)
SingaporeBusinessFederationAnnualReport200908
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)
FEDERATIONPROFILE 09
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
SingaporeBusinessFederationAnnualReport200910
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
FEDERATIONPROFILE 11
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
SingaporeBusinessFederationAnnualReport200912
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
SingaporeBusinessFederationAnnualReport200914
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
SingaporeBusinessFederationAnnualReport200916
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
SingaporeBusinessFederationAnnualReport200918
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
SingaporeBusinessFederationAnnualReport200920
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.
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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.
SingaporeBusinessFederationAnnualReport200924
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.
SingaporeBusinessFederationAnnualReport200926
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
SingaporeBusinessFederationAnnualReport200928
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.
SingaporeBusinessFederationAnnualReport200930
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.
SingaporeBusinessFederationAnnualReport200932
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.
SingaporeBusinessFederationAnnualReport200934
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.
REVIEWOF2009 35
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.
SingaporeBusinessFederationAnnualReport200936
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.
SingaporeBusinessFederationAnnualReport200938
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.
SingaporeBusinessFederationAnnualReport200940
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
SingaporeBusinessFederationAnnualReport200942
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
SingaporeBusinessFederationAnnualReport200944
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
LISTOF2009ACTIVITIES 45
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
SingaporeBusinessFederationAnnualReport200946
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
LISTOF2009ACTIVITIES 47
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
SingaporeBusinessFederationAnnualReport200948
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
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