SBF Annual Report 2013

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WE ARE SBF WE CHAMPION ENTERPRISE ANNUAL REPORT 2013 WE ENGAGE THE COMMUNITY WE CARE FOR SOCIETY WE LINK BUSINESSES WE SERVE AND SUPPORT WE SPEAK FOR OUR MEMBERS

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Transcript of SBF Annual Report 2013

WE ARE SBFWE CHAMPION ENTERPRISE

ANNUAL REPORT 2013WE ENGAGE THE COMMUNITY

WE CARE FOR SOCIETY

WE LINK BUSINESSESWE SERVE

AND SUPPORT

WE SPEAK FOR OUR MEMBERS

MissionAct as the bridge between the government and businesses 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.

VisionApex business chamber championing the interests of the business community in Singapore in trade, investment and industrial relations.

ContentsABOUT US Our Beginnings, Our Objectives 012013 Facts & Figures 04Chairman’s Message 06

YEAR IN REVIEW 2013 Milestones 10Voice Representation 14Business Networking & Facilitation 21Capacity Building 32SBF Milestones (2002-2013) 38

FEDERATION PROFILEBoard of Trustees 42Council Members (2012-2014) 43SBF Committees 51SBF-led SME Committee 52SBF Secretariat – Management Team 53Singapore Business Federation Partners 56List of Activites 2013 59

ABOUT US

Our Beginnings• In the late 1990s, amid the rapidly changing global

economic and business landscape, the government, in consultation and with the support of business leaders, called for a more comprehensive organisation and representation of the Singapore business community.

• With the passing of the SBF Act by Parliament in July2001, all Singapore-registered companies with a paid-up share capital of $0.5 million and above became members of the SBF. Local chambers of commerce and industry which represent the interests and welfare of any local or foreign business group(s) join as Constituent Members.

• SBF was established on 1 April 2002 and officiallylaunched by then Prime Minister Goh Chok Tong on 11 April 2002.

STRUCTURETO SUPPORTMISSION

STRATEGICFOCUS

CA

PA

CITY BUILDING GROU

P

SUPPORT BUSINESSCOMPETITIVENESS

THROUGH CAPACITYBUILDING

MEM

BER

R

ELATIONS & SERVICES GR

OU

P

BUILD RELATIONS BETWEEN BUSINESS AND GOVERNMENT

TO ENHANCE A PRO-ENTERPRISE BUSINESS

ENVIRONMENT

GLO

BAL BUSINESS GROU

P

ASSIST COMPANIES TO

ACCESS GLOBAL OPPORTUNITIES

Our Objectives• Toenhancetheorganisationofthebusinesscommunity

in Singapore.

• To represent, advance, promote and protect, inSingapore and abroad, the major business interests (such as investment, trade opportunities and labour management issues) of business entities carrying on commerce and industry in Singapore.

SINGAPORE BUSINESS FEDERATION Annual Report 2013 1

WE CARE FOR SOCIETY

WECHAMPION ENTERPRISE

WE SERVE AND SUPPORT

SINGAPORE BUSINESS FEDERATION Annual Report 20132

WECHAMPION ENTERPRISE

WE ENGAGE THE COMMUNITY

WE SPEAK FOR OUR MEMBERS

WE LINK BUSINESSES

SINGAPORE BUSINESS FEDERATION Annual Report 2013 3

550Total number of activities

74,500Total number of participants engaged

10239 Total

number of out-going missions

Total number of in-coming delegations

2013 Facts & Figures

SINGAPORE BUSINESS FEDERATION Annual Report 20134

WholesaleTrade23.41%

Manufacturing 14.97%

Others (e.g. holding/investment companies) 12.74%

Services 9.60%

Construction and Civil Engineering

8.76%

Professional Services6.95%

Logistics & Transportation

5.72%

Banking&Insurance4.51%

IT&RelatedServices4.21%

Retail Trade3.52%

Real Estate Activities3.06%

Hotels, Restaurants & Accommodations

2.37%

Oil & Gas0.18%

INDUSTRY PROFILE OF

SBF MEMBERS

SHARE CAPITAL OF SBF

MEMBERS $0.5m to less than $1m 37.32%

$1m to less than $5m40.56%

$5m to less than $10m7.00%

$10m & above15.12%

As of 31 December 2013, the Federation had 20,919 corporate members.

2013 Facts & Figures

SINGAPORE BUSINESS FEDERATION Annual Report 2013 5

Chairman’s Message

“SBFCONTINUEDTOPROACTIVELYSUPPORTMEMBERS’EFFORTSTOINTERNATIONALISETHEIRBUSINESSES.SBFLED39OVERSEASBUSINESS MISSIONS TO ASIA, AFRICA AND CENTRAL ANDEASTERNEUROPEINRESPONSETOMEMBERS’STRONGINTERESTTO EXPLORE THESE MARKETS.”

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2013 was an eventful year for the Singapore Business Federation.

We launched the SBF Foundation, established the NTU-SBFCentre for African Studies and inaugurated the SBF Business Institute.Webecameamoreeffectiveadvocateofbusiness.

The Federation engaged some 74,500 participants in 550 events and activities organised and supported by SBF. These included incoming and outgoing business missions, seminars, policy briefings, workshops and surveys.

SBF continued to proactively support Members’ efforts tointernationalise theirbusiness.We led39overseasbusinessmissions to Asia, Africa and Central and Eastern Europe in response to Members’ interests in these markets. We alsoreceived 102 in-coming delegations from some 40 countries. These enabled our Members to make valuable contacts, access information and help forge strong links with their overseas partners.

There was heightened interest in Africa, with four outgoing missions covering seven African countries and 19 incoming African missions during the year. Our market activities for Africa were capped by the inaugural Africa Asia Oil & Gas Summit whichweorganised.At thisSummit, theNTU-SBFCentre forAfricanStudieswasinaugurated.IamverythankfultothefiveSBF Members who have donated $1 million each to help fund this Centre.

SBF also led a business delegation to Hungary, Czech Republic and Slovak Republic in conjunction with President Tony Tan Keng Yam’s State visits. Another SBF mission accompaniedPrimeMinisterLeeHsienLoongonhisofficialvisit toFranceand Poland.

During the year, SBF made further progress as a voice of business. In 2011, we formed the SBF-led SME Committeeto provide our SME Members with a more coordinated voice to Government. Through this Committee, the Federation continued to engage Government Agencies on issues relating to business costs, manpower crunch, financing and productivity.

We are heartened that a significant proportion of the33 recommendations to the Minister for Finance by the SBF-led SME Committee were included in Singapore Budget 2013. The Singapore Government has recognised our constructive role, wide representations, good data research and careful deliberations.

Internationally, SBF actively pushed for further trade andinvestment liberalisation. We were delighted that ourcollectiveeffortswiththeinternationalbusinesscommunityplayed a role in the successful conclusion of the Trade

Facilitation Agreement byWTOMembers at itsMinisterialMeeting inBali inDecember.Welookforwardtothespeedyimplementation of this Agreement which will increase global trade and create more jobs benefitting businesses, governments and workers. At ASEAN and APEC, we continued to advocate for greater regional integration of our economies to allow our Members better access to a larger and more efficientmarket.

AspartofoureffortstohelpMembersbuildcapability,theSBFMentorship Programme facilitated dialogue sessions between SMEbossesandexperiencedCaptainsofIndustries,allowingthe sharing of valuable experience and tips for success. SBF alsocollaboratedwithpartnerstolaunchtheYoungBusinessLeaders Alliance to support young entrepreneurs and business leaders.

The launch of the SBF Foundation by the Prime Minister in NovemberisanewmilestoneforSBF.Itprovidesaplatformforbusinesses to do their part in inclusive growth by promoting corporate social responsibility and corporate philanthropy. Many Founding Donors have contributed generously to the Foundation. I thankthemagain for theirdonationsandtheirbelief in the good works that the Foundation will do.

Another milestone will be the opening of the permanent headquartersforSBFinlate2016.Itwillbelocatedinaprimedowntown development named the “SBF CENTER”. We aregrateful to Far East Organization, led by Mr Philip Ng, for this landmark contribution.

SBF has made steady progress since its founding in 2002. The Federation rests on a firm footing to serve the varied needs andaspirationsofits21,000Members.Iamheartenedthatthelevel of our activities and Members’ participation have grown steadily over the years. Importantly, we are receiving morepositive feedback from our Members of the benefits they have received. SBF is playing a more important role for Singapore businesses,andIencourageMemberstocontinuetosupportthe activities of the Federation to build a vibrant and resilient business community.

IwishtoexpressmydeepappreciationtotheBoardofTrustees,my fellow Council Members, the SBF Secretariat, business partners and you, our Members, for your commitment and dedicationoverthispastyear.Ihopethatyouwillcontinuetosupport and shape the SBF in the years ahead.

Tony Chew Leong-CheeChairmanSingapore Business Federation

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YEAR IN REVIEW

Launch of SBF FoundationPrime Minister Lee Hsien Loong launched the SBF Foundation (SBFF) on 12 November 2013. SBFF aspires to encourage a compassionate and pro-active business community, playing itsparttobuildan inclusiveSingapore. Itsmissionis to encourage, enable and enhance the contributions of the business community to the social, vocational and educational upliftment of all in Singapore.

The Foundation, which was mooted by Mr Tony Chew, Chairman, Singapore Business Federation, hopes to encourage businesses to become more actively involved in community development. As the apex business chamber, SBF believes it has a role to play in encouraging businesses to become more involved in contributing to the well-being of society. In particular, SBFF will work with the businesscommunity to promote corporate social responsibility and corporate philanthropy to uplift the less privileged and improveourenvironment.Italsoaimstopromotethewelfareof the low-wage, elderly and other disadvantaged employees, as well as education to enhance the employability of needy and disadvantaged youths through partnerships with the business community.

The Foundation was incorporated on 20 June 2013, andreceived its InstitutionsofaPublicCharacter (IPC)statuson15July2013.In2013,SBFFreceived$18mindonationsandpledges from 24 founding donors.

The SBF Foundation is governed by an independent Board of Directors chaired byMrs Theresa Foo-YoMieYoen, whois a Member of the SBF Board of Trustees and Chairman of The Esplanade Co Ltd and Gardens by the Bay. The other Board of Directors includes:

• Mr Peter Chay Fook Yuen, Deputy Managing Partner, KPMG LLP

• MrChengWaiKeung,Chairman,WingTaiHoldings• MsFooMeeHar,MemberofParliamentoftheRepublic

of Singapore• Mr Ho Meng Kit, Chief Executive Officer, Singapore

Business Federation• MrKohSeowChuan,Founder,DPArchitectsPteLtd• Mr Kwee Liong Keng, Managing Director, Pontiac Land

Pte Ltd• MrNSreenivasan,SeniorCounselandManagingDirector,

Straits Law Practice LLC

“ASTHEAPEXBUSINESSCHAMBER,SBFBELIEVESITHASAROLETO PLAY IN ENCOURAGING BUSINESSES TO BECOME MOREINVOLVEDINCONTRIBUTINGTOTHEWELL-BEINGOFSOCIETY.”- Mr Tony Chew, Chairman, SBF

2013 Milestones

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At the launch, SBF gratefully acknowledged the generous gifting by Far East Organization of 22,000 square feet of officespaceatSBFCenter,undertheCommunityandSportsFacilities Scheme, to the Foundation. It also thanked itsfounding donors for their generous donations.

Founding Donors

• MrPhilipNg,FarEastOrganization• DrStephenRiady,StephenRiadyFoundation• DatoSriDrAlbertHong,RSPArchitectsPlanners

and Engineers Ltd• MrSukantoTanoto,TanotoFoundation• MrKuokKhoonHong,WilmarInternational

Limited• DrMelanieChew,AsiaResourceCorporation

Pte Ltd• MrWongFongFui,BousteadSingaporeLimited• MrKweeLiongKeng,PontiacLand• MrLawrenceLeow,CrescendasGroup• MrChanChongBeng,GoodrichGlobal

Pte Ltd• MrTeoSiongSeng,PacificInternationalLines• DBSBank• DymonAsiaCapital(Singapore)PteLtd• KeppelCorporationLtd• SembcorpIndustriesLtd• SingaporeHotelAssociation• MdmKayKwok,Shangri-LaHotel

Singapore Ltd• AscendasPteLtd• MrPohChoonAnn,PohTiongChoon

Logistics Ltd• UOBBank• JurongEngineeringLimited• MsOliviaLum,HyfluxGroup• MrHoMengKit• MrShabbirH.Hassanbhai,IndoStraitsTrading

Co. (Pte) Ltd

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Inauguration of NTU-SBF Centre for African StudiesThe Singapore Business Federation and the Nanyang Technological University signed a Memorandum ofUnderstanding (MOU) on 27 November 2013 to establishtheNTU-SBFCentre forAfrican Studies.The first of its kindin South-East Asia, it will provide in-depth insights on the diverse African market through research, workshops and programmes.TobehostedatNTU’sNanyangBusinessSchool,the Centre aspires to build knowledge on business, politics and social economics to strengthen the capabilities of policy makers and businesses for their engagement with Africa.

Signing of MOU between SBF CEO Mr Ho Meng Kit and NTU Dean of Nanyang Business School, Professor Ravi Kumar

The signing, which took place at the Africa Asia Oil and Gas Summit 2013, was witnessed by Mr Lee Yi Shyan, SeniorMinister of State for Trade and Industry and NationalDevelopment, Mr Tony Chew, Chairman, SBF, and Professor GillianYeo,AssociateDeanofNBS,andsome270governmentofficialsandoilandgasplayersfromAfricaandAsia.

The Centre will be launched by the second half of 2014. At the Summit, five of Singapore’s leading investors in Africa were recognised for their contributions to the Centre’s funding. Indorama Group, Olam International, Pacific InternationalLines,TolaramGroup andWilmar International, have eachdonated S$1 million to the Centre’s endowment fund.

Government response to the Budget 2013 Recommendations Since its inception in 2011, the SBF-led SME Committee (SMEC) has provided an effective platform to analyse cross-cuttingSME issues. For its Budget 2013 Recommendations, SMEC prepared a 54-page submission with 33 recommendations. At the SME Convention 2013 organised by SBF, Minister of StateforTradeandIndustryTeoSerLuckcommendedSMECfor its effort, noting that the majority of the Budget 2013Recommendations were adopted. He also acknowledged that the introduction of the Quality Growth Programme had drawn reference from the business issues surfaced by SMEC.

Budget 2014 RecommendationsIn September 2013, SMEC set up a fifth sub-committee tospearhead SME issues related to Innovation, in addition toits existing focus on Cost of Doing Business, Manpower & Productivity,FinancingandInternationalisation&MarketAccess.

Budget 2014 recommendations were submitted on 30 December 2013, urging the Government to allow more time for economic restructuring and not exacerbate the already challenging conditions. A more targeted approach was proposed for SMEs in three situations: those seeking growth, those in survival mode and those in sectors with specialneeds.Indevelopingitsrecommendations,SMEChasworked closely with the Singapore Contractors Association Limited (SCAL), Singapore Retailers Association (SRA) and Restaurant Association of Singapore (RAS). These sectors were highlighted as those with special needs, as they are more severely impacted by rising costs and tightening of manpower policies.

2013 Milestones

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WESPEAKFORTHEBUSINESS COMMUNITY

VOICE REPRESENTATIONServing as a unified voice for Singapore’s ever-growing business sector, SBF represents and upholds the interests of member businesses, and promotes engagement with policymakers and other sectors.

Voice Representation

SBF STEPPED UP ITS EFFORTS IN ADVOCACY AND VOICEREPRESENTATIONIN2013The SBF-led SME Committee (SMEC) presented its Recommendations for Budget 2013 to government in late December 2012, following which, several major events were organised to engage the interests of members and the wider business community.

SBF organised two post-Budget outreach sessions for members and one for trade associations and chambers, featuring panel discussions with representatives from government agencies who elaborated on the help schemes unveiled in Budget 2013. The Federation also arranged for Deputy Prime Minister and Minister for Finance (DPM) Tharman Shanmugaratnam, to meet with captains of industry from key business sectors for specific feedback on Budget 2013.

Seminar on Budget 2013 on 4 March 2013

Seminar on Budget 2013 (2nd Run) on 13 March 2013

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Business Dialogue with DPM Tharman Shanmugaratnam on 19 March 2013InJuly,SBFengagedDPMTharmaninahighleveldialogueonexternalmacro-economicconditionsandtheimpactofturbulencein global financial markets on Singapore and the business community. The session, which also included a presentation on the global economic outlook, was attended by some 180 C-level executives.

Eminent Leaders Series: Dialogue with DPM Tharman Shanmugaratnam on 29 July 2013

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Voice Representation

During the year, SMEC’s main and sub-committees met on 19 occasions to deliberate challenges facing SMEs. The meetings provided the basis for discussion with government agencies as well as inputs for Budget 2014. SMEC also collaborated with Singapore Contractors Association Limited, Singapore Retailers Association, and Restaurant Association of Singapore on recommendations to advocate on issues in the construction, retail and F&B sectors respectively.

The Strategic Planning Session in March helped foster closer relationships with trade associations and chambers not represented on SMEC and provided a platform for future collaboration. SMEC also inaugurated the Innovation Sub-committee to help SMEs adopt innovation and technology to raise productivity at the workplace. This is in addition to the existing Sub-committees on Cost of Doing Business, Manpower&Productivity,FinancingandInternationalisation& Market Access.

Members’ Briefing: Amendments of the Employment Act (Phase 2) and the Industrial Relations Act on 6 December 2013

Members’ Briefing: Company’s Tax Obligations and Wage Credit Scheme on 19 September 2013

National Security Conference 2013

SBF engaged members on policy updates such as National Wages Council Guidelines 2013/14, Wage Credit Scheme,Foreign Manpower Policy and the Personal Data Protection Act,amongstothers.ItalsopartneredtheNationalSecurityCoordination Secretariat, Ministry of Health and the Ministry of Home Affairs to organise the 2013 National SecurityConferenceonthetheme“SecuringYourBusinessHealth–withPandemicPreparedness”.MrGanKimYong,MinisterforHealth, addressed some 500 business leaders on the critical roles businesses and individuals play to better prepare and mitigate the impact of pandemic threats.

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In conjunction with the APEC Business Advisory Council(ABAC) meeting in Singapore hosted by SBF in April, SMECorganisedanAPECSMEForumonInnovation.Themed‘Driving Heartware for Innovation-Oriented Growth’, theforum explored the underlying drivers of innovation and the shift in corporate behaviour and attitude towards becoming pro-innovation enterprises that are competitive in international markets. The event was attended by 175 local SME representatives and ABAC delegates. The SBF SME Convention in October capped a busy year of engagement and advocacy for SMEs. The event was an important platform to reach out to business leaders and to gauge key issues impacting the business community. Some 320 C-level participants benefitted from the lively dialogue with SMEC Advisor, MOS Teo Ser Luck and prominent SME leaders. The session enabled SMEC to collect constructive feedback from the business community to validate its recommendations for Budget 2014.

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REGIONAL ECONOMIC INTEGRATION – ASEAN AND APEC ASEAN Business Advisory Council (ASEAN BAC)SBF was actively involved in key projects of ASEAN BAC in 2013:

• SBFsecuredsponsorshipsandhelpedtogarnerresponsesfrom businesses for the ASEAN Competitiveness Survey 2013 conducted by NUS Lee Kuan Yew School of PublicPolicy (NUS-LKYSPP). The2013Surveywas the third in aseries that started in 2010 by ASEAN BAC, in collaboration withNUS-LKYSPP.

• SBFfacilitatedtheparticipationof18Singaporecompaniesin the ASEAN BAC Business Awards (ABA) 2013.

Singapore companies at ABA 2013 • ASEAN Business & Investment Summit (ABIS) 2013,

Brunei (August 2013) -Dr RobertYap, Singapore’sASEANBAC member and SBF Vice Chairman, led a delegation of nine companies to participate in the ASEAN Business & Investment Summit and ASEAN BAC Business Awardsceremony.

• ASEANYoungEntrepreneursAssociation(AYEA)–SBFwasappointed as the Singapore representative secretariat organisation, as the AYEA would be formed under theauspices of the ASEAN BAC of which SBF is the national Singapore secretariat.

APEC Business Advisory Council (ABAC)• Being the apex business chamber, Singapore Business

Federation (SBF) served as the national secretariat to ABAC for Singapore, and played an important role in providing the linkage between the business community and our government on business issues discussed at ABAC.

• ABAC’s theme for 2013 under Indonesia’s chairmanshipwas “Partnership, Resilience and Bridges to Growth”. Singapore hosted the 2nd ABAC Meeting for 2013 from 3-6 April, attended by over 270 delegates, including top businessleadersandseniorgovernmentofficialsfromthe 21 APEC economies.

Plenary session of the 2nd ABAC Meeting

Guest of honour Deputy Prime Minister Mr Teo Chee Hean interacting with guests at the ABAC Gala Dinner

Voice Representation

• Singapore ministers who hosted the meeting took theopportunity to reiterate the city state’s commitment to APEC, shared views on Asia-Pacific developments, and promoted Singapore as a Global Asia Hub. The regional forum provided various networking opportunities for SBF members to meet prominent businessmen from the APEC economies.

On the right: Mr Ho Meng Kit, CEO of SBF, at the 2nd ABAC Meeting

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• At the concluding meeting in Bali in October, membersof the APEC Business Advisory Council (ABAC) met with the 21 APEC Leaders in a private dialogue to present their 2013 recommendations and inputs to APEC’s work. ABAC members also took this opportunity to ask the Leaders for their assessment on the progress made towards attaining the Bogor Goals 2020 of an open and free trade area in the region, with special focus on services liberalisation, increasing foreign direct investments and enhancing the competitiveness of small, medium and micro enterprises.

• In its Report to Leaders, ABAC called on APEC to have a

more ambitious agenda on trade, investment and services liberalisationtargets.Itstronglyadvocatedtheachievementof a Free Trade Area of the Asia-Pacific (FTAAP) and urged APEC governments to continue to engage in activities that accelerate trade and investment liberalisation.

ABAC Dialogue in Bali

• Onglobaltrade,ABACsupportedtheDohanegotiations,and welcome the successful conclusion of the Trade FacilitationAgreementbyWTOMembersatitsMinisterialMeeting in Bali in December. Businesses now look forward to the speedy implementation of this Agreement which will increase global trade and create more jobs benefitting businesses, governments and workers.

• The three ABAC Singapore Member were Mr GautamBanerjee,ChairmanofBlackstoneSingapore;MrJacksonYap,GroupManagingDirector&CEOofUnitedEngineersLimited; and Mr Ho Meng Kit, CEO of SBF. Mr Ho also served as the Co-Chair of the Action Plan & Advocacy WorkingGroup.

Group photo of APEC Leaders with their spouses in Bali

ABAC Dialogue with Leaders in Bali in October 2013

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BUSINESS NETWORKING AND FACILITATION SBF provides members with opportunities to network, establish partnerships, tap into emerging markets and link up to the rest of the world.

WEBUILDBRIDGESTONEW OPPORTUNITIES

Business Networking & Facilitation

AMERICAS, EUROPE, MIDDLE EAST & AFRICABusiness Mission to France and Poland, 27 October – 2 November 2013

SBF led a 35-strong business delegation to France and Poland inconjunctionwithPrimeMinisterLeeHsienLoong’sofficialvisit to the two countries.

The following key events were organised during the business mission:

• SBF-UBIFRANCE ‘Singapore and France: Linking Asia &EuropeThroughTradeandInvestment’Seminar

• France-SingaporeBusinessForum• Poland-SingaporeBusinessForum

The business mission provided delegates a first-hand understanding of the overall market dynamics and opportunities for France and Poland against the backdrop of theEU-SingaporeFTA(EUSFTA)thatisexpectedtocomeintoforce by 2015. The visit also helped participants to establish usefulbusinessandofficialcontactsinFranceandPoland.

The mission helped to generate several high-level business leads, with some S$12 million of sales confirmed and another S$55 million under negotiation.

DURINGTHEYEAR, SBF LED39OVERSEASBUSINESSMISSIONSAND RECEIVED 102 INCOMING BUSINESS DELEGATIONS KEENON EXPLORING TRADE AND INVESTMENT OPPORTUNITIESWITHMEMBERS.SBFCONTINUEDTOASSISTMEMBERSTOPLUGINTOEMERGINGMARKETSINAFRICA,ASIA,ANDCENTRALANDEASTERNEUROPE

SBF Business Delegation to France & Poland

France-Singapore Business Forum – Prime Minister Lee Hsien Loong (3rd from left), Minister for Trade and Industry Lim Hng Kiang (2nd from left) and Second Minister for Foreign Affairs Grace Fu (left) engaged in a dialogue with French companies

The SBF-led Singapore business delegation with PM and Minister Lim Hng Kiang

Business Mission to Central Eastern Europe: Hungary, Czech Republic and Slovak Republic, 11 – 20 November 2013InconjunctionwithPresidentTonyTanKengYam’sstatevisittoCentralEasternEuropetolobbyfortheratificationoftheEU-SingaporeFreeTradeAgreement(EUSFTA),SBFledabusinessdelegation to Hungary (11 – 13 Nov), Czech Republic (14 – 16 Nov) and Slovak Republic (17 - 19 Nov). A bilateral Business Forum was organised in each country, and a Memorandum ofUnderstandingwasalsoinitialedattheSingapore-HungaryBusiness Forum between SBF and Budapest Chamber of Commerce and Industry. The business mission generated

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Business Networking & Facilitation

some 90 business leads. The linkages forged during the visit enabled SBF to extend its reach of the region, especially for specific markets such as Hungary which is doing well in terms of economic performance and pro-business policies.

Deepening Engagement with Africa Emerging markets in Africa present numerous opportunities for Singapore companies and interest in the continent is growing.In2013,SBFmountedbusinessmissionstoAngola,Mozambique, Ghana, Ivory Coast, South Africa, TanzaniaandUgandatoexploretradeandinvestmentopportunities.These missions helped create greater awareness and interest for our companies and generated some S$30 million in new business opportunities.

SBF received 19 incoming high-level delegations from Africa in 2013. Prominent dignitaries included the President of Tanzania;Nigeria’sMinisterofIndustry,TradeandInvestment;Ethiopian State Minister for Industry; Niger’s Minister ofState for Planning, Territorial and Community Development; EquatorialGuinea’sMinister forMines, IndustryandEnergy;Africa’s richest black businesswoman Mrs Folorunso Alakija, Executive Vice Chairman of FAMFA Oil. Through these engagements, SBF was able to create numerous high level

The Singapore business delegation with President Tony Tan Keng Yam

The Hungary-Singapore Business Forum was well attended by more than 130 Hungarian participants

networking and matching opportunities for companies and helped in increasing access to business ventures. Our engagementwith topAfricanofficials andbusiness leadersalso enabled us to build mindshare, foster stronger trade and investment linkages, and serve as a platform for dialogue to increase economic ties between Singapore and Africa.

Africa Asia Oil and Gas Summit, 27 – 28 November 2013The inaugural Africa Asia Oil and Gas Summit (AAOGS) organised by SBF served as a platform for African and Asian governments, leading oil and gas stakeholders and related businesses to share, develop and gain insights into the latest developments and opportunities available in Africa.

The Summit helped to profile Singapore / Asia companies’ oil and gas developmental experience and capabilities, and provided Africa delegates access to expertise in developing a more vibrant oil, gas and petrochemicals ecosystem.

The summit was attended by some 270 high-level government and private sector representatives from 29 countries, including four African Ministers.

The Singapore business delegation with H.E. Jakaya Kikwete, President of the United Republic of Tanzania

A MOU signed between SBF, represented by Vice Chairman Mr Teo Siong Seng, and Mr Martin Okumu, Acting Secretary General for the Uganda National Chamber of Commerce and Industry

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Welcome address by SBF Vice Chairman and Africa Business Group Chairman Mr Shabbir Hassanbhai

Ministerial Panel moderated by SBF Africa Business Group Advisor Mr Zainul Abidin Rasheed

MOU signed between SBF and NTU to establish the Centre for African Studies

OneofthehighlightsofthesummitwastheinkingofaMemorandumofUnderstanding(MOU)betweenSBFandNanyangTechnologicalUniversity(NTU)toestablishtheCentreforAfricanStudies.TheCentre,whichaimstohelpAsianfirmsexpandinto the continent, will provide thought leadership on Africa, help governments and businesses build capabilities and foster an integrated Africa-Singapore network.

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Business Networking & Facilitation

Signing ceremony for a joint project between Sportmaster and NTU Institute for Sports Research

SBF Chairman Mr Tony Chew giving the welcome address

President of the Republic of Tatarstan Rustam Minnikhanov speaking at RSBF

“OURCENTRALLOCATIONINTHEHEARTOFASIAAND

EXCELLENT CONNECTIONS WITH FAST-GROWING

SOUTH-EAST ASIA, ASWELL AS THE LARGEMARKETS

OF CHINA AND INDIA, MAKE SINGAPORE AN IDEAL

LOCATIONFORMANYMULTINATIONALANDREGIONAL

COMPANIES. OUR FAMILIARITY WITH SOUTH-EAST

ASIA,INPARTICULAR,ALSOMEANSTHATWEAREWELL-

PLACED TO SERVE AS AN ENTRY POINT INTO ASEAN

ANDITSCOMBINEDMARKETOF600MILLIONPEOPLE.”

- Deputy Prime Minister Tharman Shanmugaratnam

PILOTING OPPORTUNITIES IN EMERGING REGIONAL MARKETSRussia-Singapore Business Forum (RSBF), 23 – 26 September 2013The 8th edition of the forum aimed to foster greater connectivity between the regions of Russia/Commonwealth of Independent States (CIS) and Singapore/Asia. RSBF2013 leveraged on the success of previous forums to facilitate greater business networking and matchmaking opportunities for both regions. Singapore’s Deputy Prime Minister Tharman Shanmugaratnam, along with some 500 ministerial and business elites from Asia and Russia/CIS,attended the forum. RSBF 2013 also featured a first-of-its-kind technology investment roundtable with young Russian and Singaporean start-ups to ignite and convert the best new ideas to reality.

During RSBF 2013, a partnership between Nanyang Technological University (NTU) and Russian sports giantSportmaster to start a sports research innovation centre here was inked.

SINGAPORE BUSINESS FEDERATION Annual Report 201324

MOS Mr Teo speaking at a Singapore Day Seminar at CIFTIS, aimed at attracting Chinese companies to use Singapore as a Global Asia Hub

Deputy Prime Minister (DPM) Mr Tharman Shanmugaratnam, accompanied by Minister of State for Trade and Industry (MOS) Mr Teo Ser Luck, led the Singapore official delegation to CIFTIS

DPM Tharman speaking to Mr Poh Choon Ann, Vice-Chairman of SBF’s China Business Group

The Singapore National Pavilion at CAEXPO

DPM Teo touring the Singapore National Pavilion

ASIA2nd China Beijing International Fair for Trade in Services (CIFTIS), 28 May – 1 June 2013WiththesupportoftheMinistryofTradeandIndustry(MTI),SBF successfully organised Singapore’s participation in the 2ndCIFTISheldinBeijing.TheaimwastoprofileandpromoteSingapore services companies expanding their business in China and to increase trade in exportable services between Singapore and China. SBF’s business delegation, totalling some 150 delegates, was the largest foreign delegation to the2ndCIFTIS.Closeto138,000tradevisitorsandofficialsfrom 117 countries and regions around the world visited the fair and a total of 415 projects valued at US$78.69 billionwere concluded.

SME’s 2013, The International Spring Trade Fair (Mongolia), 7 – 11 June 2013The International Spring Trade Fair is the largest trade fairorganised by the Mongolia National Chamber of Commerce &Industry.SBF,withthesupportof IESingapore,organiseda Singapore Pavilion at the Misheel Expo Center in Ulaanbaatar. SBF led a total of 11 Singaporean companiesfrom the building materials and food & beverage industry to participate as exhibitors in the trade fair. The expo attracted more than 10,000 trade visitors and consumers with a focus on enhancing international standards of imported brands and to demonstrate new technology and products into Mongolia.

10th China-ASEAN Exposition (CAEXPO), 3 – 6 September 2013 SBF, with the support of MTI, led Singapore’s participationat the 10th CAEXPO, attended by 85 businessmen. To commemorate CAEXPO’s 10th anniversary, awards were presented to companies that contributed to the exposition’s success over the last 10 years. Singapore companies won seven outstanding awards and SBF picked up the best supporting organisation award.

Mr Teo Chee Hean, DPM and Coordinating Minister for National SecurityandMinisterforHomeAffairs ledSingapore’sofficialdelegation comprising senior officials from the Ministry ofTradeand Industry,MinistryofForeignAffairsandeconomicagencies to CAEXPO.

SINGAPORE BUSINESS FEDERATION Annual Report 2013 25

(Third from left) SBF’s Chief Operating Officer Mr Victor Tay, DPM Teo, Guangxi Zhuang Autonomous Region Vice Chairman Mr Liang Shengli, and delegates at the Singapore National Pavilion

Panel discussion during the Singapore Day Seminar at CAEXPO

International Business Fellowship Executive Programmes (Vietnam, Indonesia, Myanmar and India)In2013,SBFsuccessfullylaunchedfourInternationalBusinessFellowshipExecutiveprogrammes(IBF)focusingonVietnam,Indonesia, Myanmar and India attended by 69 participants. The programmes which targeted C-suite level participantsprovided an important business platform for like-minded business leaders to network and discuss new business opportunities among themselves.

Delegates at a site visit during the Vietnam IBF Sharing session on “Leadership in Indonesia” by Mr Ahmad Yuniarto, Chairman of Schlumberger Group Indonesia at the Indonesia IBF

Delegates at a site visit to Thilawa Industrial during the Myanmar IBF Site visit to Tata Chemical Innovation Centre (Pune) during the India IBF

Business Networking & Facilitation

SINGAPORE BUSINESS FEDERATION Annual Report 201326

CEO Business Mission to Myanmar, 3 – 5 April 2013 SBF Chairman Mr Tony Chew led a 32-member CEO business delegation of prominent businessmen from leading Singapore companies for this visit. The mission, which was in conjunctionwithPresidentTonyTanKengYam’svisit,wastoadvance business-to-business relations between Singapore and Myanmar. A networking lunch reception was organised for President Tan to interact with Singapore delegates.

From left: SBF Chairman Mr Tony Chew, President Tony Tan Keng Yam, Union of Myanmar Federation of Chambers and Commerce and Industry President U Win Aung, and IE Singapore CEO Mr Teo Eng Cheong at the networking lunch

President Tony Tan accompanied by SBF Chairman Mr Tony Chew, speaking to a UOB representative, Mr Ivan Wong

Participants at the Singapore-Myanmar Business Forum in Yangon

Minister Lim Hng Kiang (sixth from right) with dignitaries from Vietnam and Singapore at the Opening Ceremony of the Vietnam–Singapore Business Forum in Ho Chi Minh City

Business Mission to Vietnam, 16 – 20 April 2013 To commemorate the 40th anniversary of Singapore-Vietnam Diplomatic Relations, SBF organised a business mission to Ho Chi Minh City and co-hosted a Vietnam-Singapore Business Forum. The forum focused on real estate financing, tourism, healthcare services, manufacturing and logistics.

“THERE IS STILL SIGNIFICANT INTEREST IN VIETNAM

FROM SINGAPORE BUSINESSES. THE KEY OBJECTIVE OF

THIS BUSINESS MISSION IS TO BOOST THE BUSINESS-

TO-BUSINESS RELATIONS BETWEEN SINGAPORE AND

VIETNAM. THROUGH REGULAR EXCHANGES SUCH AS

SINGAPORE’SPARTICIPATIONINTHEVIETNAMSINGAPORE

BUSINESSFORUM,WECANANDWILLDEVELOPGREATER

BUSINESSLINKSWITHVIETNAM.”

- Mr Ho Meng Kit, SBF CEO

Markets Insights Series at GES Business Leaders’ Summit 2013, 28 – 31 October 2013A highlight of the 10th edition of the Global Entrepolis @ Singapore (GES) Business Leaders’ Summit 2013, the Market Insights Series focused on trade and investmentopportunities in Japan, Myanmar, China and Indonesia.Themed ‘Connecting Businesses to New Frontiers’, the GES Summit featured discussions on the latest outlook on global markets, business trends, innovative ideas and approaches to growth in an ever shifting economic landscape. The event, which saw the participation of 80 international speakers, attracted over a thousand delegates.

SINGAPORE BUSINESS FEDERATION Annual Report 2013 27

Business Networking & Facilitation

Panel discussion on ‘An Integrated ASEAN – The Dream of ASEAN Economic Community 2015’ led by Dr Sanchita Basu Das (far right), Lead Researcher of Economic Affairs at the Institute of Southeast Asian Studies

Panel discussion on key success factors & challenges of doing business in Indonesia led by Dr Robert Yap (right), Chairman, ASEAN Business Group, during the Indonesia Market Insights session

Mr Poh Choon Ann, Vice Chairman of SBF China Business Group giving the welcome address at the China market insights Seminar at GES

Panel discussion on China’s new economic growth model offering new business opportunities and challenges to Singapore and Southeast Asia at the China Market Insights Seminar

Mr Haruhisa Takeuchi, Ambassador of Japan to Singapore, giving the opening address at the Japan Market Insights seminar

Participants networking at GES

SINGAPORE BUSINESS FEDERATION Annual Report 201328

GLOBAL ASIA HUB In2013,theGlobal-AsiaHub(GAH)initiativereachedouttoover 1,200 foreign enterprises through 20 events including RepresentativeOfficeBriefings, Singapore Business Insightssessions for visiting business delegates and overseas “Singapore Day Seminars”. In addition, GAH also hosted 49incoming visits that comprised 27 group and 22 individual companyvisits. In the last three years,GAHhas assisted28foreign mid-sized companies to incorporate their operations in Singapore.

ACCESSASIA@SINGAPORE ProgrammeLaunched in April 2013, the ACCESSASIA@SINGAPOREprogramme is an initiative by SBF that provides a single point of entry for foreign enterprises to access Asia through Singapore. It enables companies to tapon the expertise ofleading professional service providers combined with a suite of one-stop services and wide networks to support business start-ups and expansion into the region. AccessAsia brings together 18 leading Singapore-based professional service companies to provide services such as banking, legal and taxation advice, expatriate relocation, HR strategy consulting for global companies looking to set up business operations in Singapore. Deepening Singapore’s Value Proposition as a Business Hub Featured events:

• GAH organised a Kyushu-Singapore Business Forum inJuly 2013 at which a Memorandum of Understanding(MOU)wasinkedbetweenSBFandtheKyushuEconomicFederation to boost trade and investment in both regions. The discussions centred on Singapore as a business hub for Kyushu companies while a “Singapore Day Seminar” was held in Fukuoka the following week attended by some80Japanesecompanies.

• GAHorganisedaSingaporeBusinessInsightsprogrammefor a group of 18 Korean start-up companies from the Infocom technology industry. Site visits to IDA andA*STAR were conducted to help the Korean visitors better understand Singapore’s infocomm technology developments, business opportunities and R&D initiatives.

• GAH hosted 13 delegations from major cities of ChinaincludingChongqing,Beijing,Yunnan,Guangxi,Shandong,Jiangsu,Zhejiang,ShanghaiandSuzhoutobriefingsessionson Singapore’s business environment and using Singapore as the springboard to ASEAN.

Chairman of Kyushu Economic Federation Mr Mr Yutaka Aso and SBF Chairman Mr Tony Chew sealing the MOU

Delegates networking at the forum

Briefing on “The Future of Infocomm Technology” for the Korean ICT companies

SINGAPORE BUSINESS FEDERATION Annual Report 2013 29

Business Networking & Facilitation

Singapore companies UOB, Rajah & Tann, A.S. Louken and RSM Chio Lim at CIFIT

Global In-Market Outreach GAHdeepeneditsoutreacheffortsbyorganising“SingaporeDay” seminars in Japan and China to encourage Chinesecompanies to set up business operations in Singapore. Leading Singapore-based professional service companies were present at the seminars to help promote Singapore as a gateway to ASEAN.

The seminars that took place were:

• April 2013 - SingaporeDay Seminar at theChinaCouncilfor the Promotion of International Trade during the 7thChineseEnterprisesOutboundInvestmentConference,Beijing, China.

• May 2013 - Singapore Day Seminar at the 16th ChinaInternational Investment and Global Sourcing Fair inChongqing, China.

• July 2013 - Singapore Day Seminar at the KyosokanConferenceinFukuoka,Japan,inpartnershipwithKyushuEconomic Federation.

• September 2013 - Singapore Day Seminars at the ChinaInternational Fair for Investment and Trade (CIFIT) atXiamen, China, and the 10th China-ASEAN Expo 2013, Nanning, China.

Helping Representative Offices UpgradeGAH partnered business providers in tax/advisory, legal, HR and financial services to brief Senior Management from RepresentativeOffices(RO)basedinSingaporeontheprocessand benefits of incorporating a company in Singapore. Strategic Partners of AccessAsia were also invited to provide and market their services to the ROs during the briefings.

GAH organised five Representative Offices (RO) briefingsthatwereattendedby97corporaterepresentatives.In2013, 10 ROs have upgraded their presence in Singapore to either a subsidiary or a branch company.

Panel discussion involving Singapore Economic Development Board, SBF, WongPartnership and UOB at the seminar

Delegation visit from Vietnam

DEVELOPING STRATEGIC TOOLS TO ENGAGE FOREIGN COMPANIES Business Services Resource GuideTo facilitate better understanding of Singapore’s business environment and regulations, GAH published the Business Services Resources Guide in English, Chinese and Japaneselanguages.TheGuideservestoprovideessentialinformation on doing business in Singapore, and was published in collaboration with partners such as RSM Chio Lim, StandardCharteredBank and JapaneseChamberofCommerceandIndustry.

SINGAPORE BUSINESS FEDERATION Annual Report 201330

CAPACITY BUILDINGSBF empowers member businesses by providing assistance in managing risks, enhancing competitiveness and reinforcing resilience.

WEEMPOWERENTERPRISES

Capacity Building

BUSINESS CONTINUITY MANAGEMENT Preparing Businesses for a Globally-Connected Economy

IN A SMALL AND HIGHLY CONNECTED COUNTRY LIKESINGAPORE,DISRUPTIONSTOTHEGLOBALSUPPLYCHAINCANBEDETRIMENTALTOBUSINESSES.THENEEDFORBUSINESSESTO BEWELL-PREPARED AND MORE RESILIENT TO ECONOMICTHREATS IS INCREASING. IN2013,ASPARTOFSBF’SBUSINESSCONTINUITYMANAGEMENT(BCM)EFFORTS,THEFEDERATIONRANATOTALOF31BCMEVENTSANDWORKSHOPS,PROVIDINGTRAINING TO OVER 1,600 PARTICIPANTS FROM SOME 1,200COMPANIES,RESULTINGIN183BCMAPPLICATIONS.

Asia-Pacific Economic Cooperation (APEC) Public Symposium on Business Continuity Planning, 7 - 9 May 2013 As the national BCM focal point, SBF was invited to participate as a key resource member at the APEC symposium to provide inputs as to how APEC members and the Vietnamese business community can enhance their economic resilience. Held in Vietnam, the symposium was well-attended by over 30 APEC members and 50 members of the Vietnamese business community. SBF was commended by the European Parliament WorkingGroup(EPWG)andtheAustralianGovernmentforitsexpertise and contributions.

International and Local Delegates at the APEC EPWG symposium

Panel discussion at the APEC EPWG symposium

SINGAPORE BUSINESS FEDERATION Annual Report 201332

Business Continuity Management Award 2013, 24 January 2013Through the Business Continuity Management (BCM) Award, SBF acknowledged 20 enterprises who have committed their efforts and resources inensuring that their companyis BCM-ready.

Over 160 senior management executives learned how BCM and Enterprise Risk Management (ERM) can increase the reliability of a company’s operation, build its resilience to crisis, and foster conditions for a sustainable and profitable performance. SBF also launched the BCM Ambassador programmme and appointed its first batch of BCM Ambassadors who will share first-hand experiences and encourage other businesses to build up critical capabilities.

Supply Chain Leadership Forum, 31 October 2013Local and international thought leaders discussed the latest outlook on global supply chain, challenges and risks faced, as well as new approaches to sustainable, resilient and innovative growth at the Supply Chain Leadership Forum. The forum allowed for sharing of best practices and tested methodologies in today’s global supply chain, benefitting about 100 leading businessmen. 24 BCM-ready enterprises were also recognised at the event for adopting best practice in BCM.

Six newly appointed BCM Ambassadors

BCM Awardees

Panel discussion at the forum

Dr Robert Yap, Chairman & CEO of YCH Group and Vice Chairman of SBF, speaking at the forum

BCM Awardees at the forum

SINGAPORE BUSINESS FEDERATION Annual Report 2013 33

Workplace Safety and Health booklet

3rd Edition of the BCM booklet on evolving business excellence

BizSAFEProper Workplace Safety and Health (WSH) managementenables companies to make safety an integral part of their businessandalsodriveproductivitywithWSHinnovations.In2013, SBF was reappointed as the Risk Management Assisted Fund (RMAF) agent, assigned to help businesses achieve the BizSAFE Level 3 status. The federation rolled out 12 runs of bizSAFE courses to help members adopt certification. Financial ManagementA series of conferences, seminars and workshops were conducted with knowledge partners, attracting over 690 senior management executives. Participants were able to gain a better understanding on how to improve their financial management capabilities and resilience.

HUMAN CAPITAL MENTORSHIP & PRODUCTIVITYEmpowering Businesses through Greater Innovation and Productivity SBF plays an active role in helping companies become more productive. With productivity-led growth still highon the National agenda, SBF enhanced its programmes to further strengthen members’ capabilities in the increasingly competitive business arena.

Mentorship Programme: Enabling Business Leaders and Accelerating Business Growth The Mentorship Programme was initiated in 2010 with the commitment to accelerate growth for members and help groom businesses into globally competitive companies.

Capacity Building

Through the programme’s roundtable sessions and one-to-one mentoring, participants benefit from the sharing and advice of eminent and successful business personalities. Since its launch, there has been growing interest from family-owned businesses, mainly from Chinese-speaking backgrounds, to understand diverse business issues, ranging from dispute resolutiontotalentretention.In2013,theFederationembarkedon conducting mentorship sessions in Mandarin.

Through the year, SBF conducted 10 mentorship events, engaging more than 150 C-level executives. The Mentorship Programme was facilitated by distinguished industry veterans, including Mr Poh Choon Ann, Mr Shabbir H Hassanbhai and Mr WongFongFui.

Mentor, Poh Choon Ann, Chairman & CEO of Poh Tiong Choon Logistics Ltd

Mentor, Shabbir H Hassanbhai, Director of Indo Straits Trading Co Pte Ltd

“THE SIZE OF THE ROUNDTABLE IS JUST RIGHT FOR

EVERYONETOSHARE.THEMENTORCOMESWITHGOOD

EXPERIENCEANDHEISVERYKNOWLEDGEABLE!”

-FrancisWong,ManagingDirector,CapitolOptical

Mentor, Wong Fong Fui, Chairman and Group Chief Executive Officer of Boustead

Responding to Haze (BCM and Workplace Safety Booklets)InresponsetothehazeepisodeinJune2013,SBFproducedtheBCMandWorkplaceSafetyBookletswhichincorporatedbest practices that can be adopted by businesses in Singapore. Containing over 50 success stories, the booklet aims to help the business community deal with the haze situation in Singapore.

SINGAPORE BUSINESS FEDERATION Annual Report 201334

Productivity Programmes: Enhancing Productivity-led and Quality-driven GrowthInpartnershipwithgovernmentagencies,SBFisrepresentedin the National Productivity and Continuing Education Council (NPCEC), which aims to boost skills and enterprise productivity, as well as develop a comprehensive system for continuing education and training. Led by Chairman Tony Chew, SBF provides strategic leadership in driving the national productivity agenda. One such initiative from the council is the Empowering Efficiency and Excellence (3E) ProductivityProgramme, supported by the Singapore WorkforceDevelopment Agency (WDA). The programme focuses ontraining “Productivity Champions” who will be equipped with productivity know-how and tools over a three-month period.

Since its launch in 2nd quarter of 2012, the Federation has sinceassistedsome30companies fromdifferent industries.Over 150 productivity champions received consultation from productivity specialists and underwent training through a series of in-house projects. The programme garnered positive feedback from participating companies, resulting in new applicationsfrommoreprojectgroupsandstaff.

Participants at a Productivity programme

“THE PROGRAMME INTRODUCES TECHNIQUES THAT

ENABLEUSTOIMPROVETHEUNDERSTANDINGOFHOW

THE PROCESS OPERATES, AND DETERMINE POTENTIAL

TARGETS FOR PROCESS IMPROVEMENT THROUGH

REMOVING WASTES AND INCREASING EFFICIENCY.

ASSUCH,ITHELPSUSTOUNDERSTANDANDELIMINATE

UNNECESSARYEXPENSESINCURREDINTHEPROCESSOF

CREATING A GOOD OR SERVICEWITHOUT SACRIFICING

CUSTOMERSATISFACTION.”

– Equiptest Engineering Pte Ltd

Young Business Leaders Alliance (YBLA)In 2013, SBF formed the YoungBusiness Leaders Alliance (YBLA)to foster better network support for young business leaders and entrepreneurs. The YBLA was

created in collaboration with five ethnic chambers and organisations, namely Business Leaders Alumni Club, three YoungEntrepreneurNetworksatSingaporeChineseChamberof Commerce and Industry, Singapore Malay Chamber ofCommerce and Industry, Singapore Indian Chamber ofCommerceandIndustryandagroupof22-individualYBLs.

The YBLA will create a common platform for promisingyoung leaders to benefit from peer learning and represent business interests locallyand internationally. Itwill serveasa convergence point for Singapore’s young business leaders to foster friendships, share experience and network.

TheYBLAwaslaunchedattheGlobalEntrepolis@Singapore2013 SME Convention by Guest of Honour, Mr Teo Ser Luck, MinisterofStateforTradeandIndustry.

The YBLA launch at the SME Convention

“ENTREPRENEURSHIP IS IMPORTANT AS IT SERVES AS

A RENEWAL FOR THE SME SECTOR, THEREFORE, NEW

BUSINESSESHAVETOBECREATED.START-UPANDYOUNG

COMPANIESARENIMBLEANDCANADAPTQUICKLYTO

CHANGES IN THE BUSINESS ENVIRONMENT. AS SUCH,

THEGOVERNMENT PLACES EMPHASISONNURTURING

YOUNG BUSINESSES AND YOUNG BUSINESS LEADERS.

THESE ARE THE PEOPLE WHO CONTRIBUTE TO THE

VIBRANCY AND DYNAMISM OF OUR LOCAL BUSINESS

SECTOR,ANDWILLSPEARHEADTHEDEVELOPMENTAND

GROWTHOFOURCOMPANIESONTHEGLOBALSTAGE.”

– Guest of Honour, Mr Teo Ser Luck, Minister of State for Trade

andIndustry.

SINGAPORE BUSINESS FEDERATION Annual Report 2013 35

Capacity Building

SUSTAINABLE DEVELOPMENTSince the release of the Sustainable Singapore Blueprint in 2009,Singaporecontinuesto increase itsefforts inbuildinganefficient,cleanandgreensociety.2013sawthelaunchofnew initiatives by the Federation, further spreading the reach anddeepeningtheeffortsincreatingasustainablecity.

Asia Pacific Sustainability Leadership Forum (APSLF), 31 October 2013APSLF 2013 presented modern day issues on the topic of sustainable development and how such concepts can be adopted and applied to different businesses. The forumaddressed sustainability challenges facing the region, highlighted emerging cleantech solutions and discussed prevalent issues on regional haze and the sustainable business outlook for the future. It attracted some 150 attendees,including industry professionals, entrepreneurs, researchers, aswellasgovernmentofficials.

Dr Vivian Balakrishnan in a panel discussion with representatives of the palm oil community on “Environmental Sustainability for the Future: Envisioning a Haze Free ASEAN “

Guest of Honour Dr Vivian Balakrishnan, Singapore Minister for the Environment and Water Resources, giving the welcome address at the forum

Singapore Sustainability Awards, 31 October 2013The Singapore Sustainability Awards is an initiative of SBF that aims to strengthen Singapore’s position as a global and regional hub in Sustainable Development. The awards serves as a yardstick for enterprises to benchmark against leading companies’ sustainable business practices and solutions. Through the awards, 14 companies from various industries were recognised for exemplifying business excellence in embracing sustainable practices.

Winners of the Singapore Sustainability Awards 2013 with Guest of Honour, Mr S Iswaran, Minister in the Prime Minister’s Office, Second Minister for Home Affairs and Second Minister for Trade and Industry

SINGAPORE BUSINESS FEDERATION Annual Report 201336

Singapore Sustainability Awards Winners’ Case Study HandbookSBFincollaborationwiththeNationalUniversityofSingapore(NUS) Business School published a handbook whichdocumented successful case studies of the 2012 winners of the Singapore Sustainability Awards. The handbook was launched by Dr Vivian Balakrishnan, Singapore’s Minister for the Environment and Water Resources, at the Asia PacificSustainability Leadership Forum on 31 October 2013.

The Case Studies Handbook provides insights on the motivations and experiences of the Awards winners’ sustainability journeys, and serves as a source of reference to inspire companies towards greater excellence in their sustainability practices

SBF-NUS Executive Leadership Programme, 20 - 29 June 2013 Organisedby SBF and theNationalUniversityof Singapore(NUS) Business School, participants of the five-day courseengaged in in-depth discussions and learned critical sustainability concepts which they could apply to their own business endeavours. As part of the programme, participants developed bespoke Sustainability Plans for their own organisations, which they would thereafter implement.

Singapore Sustainability Directory 2013To complement SBF’s sustainability efforts, the Federation publishedthe 2013 Singapore Sustainability Directory to profile Singapore-based enterprises in the sustainability sector. The Directory, which lists more than 3,000 providers of green products and services, is a comprehensive reference to

facilitate the matching of businesses’ sustainability needs with corresponding solution providers. It features an extensiverangeofgreen companies thatoffer energyefficient / eco-friendly products and services, across all major Sustainable Development sectors.

Singapore International Arbitration Centre TheSingaporeInternationalArbitrationCentre(SIAC)enteredinto an alliance with SBF in 2003 to strengthen its ties with the business community and step up its promotion of arbitration services for businesses. This was a collaboration aimed to develop Singapore as a centre for international arbitration.

SIAChasmadesteadyprogressovertheyearsasaproviderof arbitration services to the global business community and has seen a robust increase in case filings in 2013. Mr Lucien Wong,ChairmanandSenior PartnerofAllen&Gledhill LLPand Member of the SBF Board of Trustees, was appointed ChairmanoftheBoardofDirectorsofSIACin2013.

International Chamber of Commerce As the Singapore National Committee representative of the International Chamber of Commerce (ICC), SBF supportedand promoted several ICC activities and initiatives in 2013including the following:

• SoughtthesupportoffiveSingaporecompaniestosignanopen letter calling for a trade facilitation agreement at the BaliWTOMinisterialConference inDecember2013at therequestofICCChairman

• SupportedICCinpolicymakingandadvocacyeffortswithSingapore representatives in ICC International Court ofArbitration and ICC Commission on Arbitration, BankingTechnique and Practice and Customs and Trade Facilitation

• RaisedviewsandprovidedinputsonBankingCommissionDraft Opinions and Articles

In 2013, SBF also facilitated numerous workshops and thesaleofICCpublicationstoitsmemberstoenhancetheirtradefinance knowledge.

SINGAPORE BUSINESS FEDERATION Annual Report 2013 37

SBF Milestones 2002 - 2013

20

02

20

03

20

04

20

05

20

06

20

07

• Officiallylaunchedbythen Prime Minister Goh Chok Tong on 11 April 2002

• MrStephenLeeassumedthechairmanship of the Singapore Business Federation

• Organisedmorethan50eventsand activities, which catered to some 10,000 members

• Focusedonpromotingbusinessand investment opportunities both in Singapore and abroad

• Doubleditsofferingsofactivities and events for members

• LaunchedtheinauguralissueofBiZQtoupdatemembersonbusiness and industry insights

• FormationoftheMalaysia-Singapore Business Council (MSBC) to forge closer economic ties between both countries

• JointlypresentedGlobalEntrepolis@ Singapore with Economic Development Board (EDB), attracting participants from over 40 countries

• SupportedtheWorldEconomicForum(WEF)inpartnership with EDB

• ParticipationintheFederation’s events reached 22,000, double that of 2004

• IntroducedtheMentoringProgramme

• Recognisedbothlocallyandoverseas as an apex chamber of the Singapore business community

• LaunchedtheMiddle East Business Group

• Hostedandco-organised the ASEAN Business and InvestmentSummit,and the inaugural ASEAN Business Awards

SINGAPORE BUSINESS FEDERATION Annual Report 201338

20

08

20

09

20

10

20

11

20

12

20

13

• MrStephenLeehandsoverthe chairmanship of SBF to Mr Tony Chew

• Strengthenedthree-pronged focus of representing the voice of the business community, helping members build resilience and facilitating business opportunities

• Receivedownershipof GES from Economic Development Board

• HostedtheAPECCEOSummitand the APEC Business Advisory Council (ABAC) meetings in Singapore, held in conjunction with the APEC Leaders’ Summit

• Reachedoutto48,300participants through its activities

• Inauguratedfivededicatedgeographic business groups to further help members gain valuable insights and tap into regional opportunities

• Launchedaseriesofinitiatives in support of Economic Strategies Committee recommendations

• OrganisedSingaporeSustainability Awards to recognise companies for their eco-friendly practices

• Increaseditsoutreach,withthe 408 activities benefitting 62,000 participants

• ReviewedandfinalisedSBF’sstrategic plan for 2012 – 2016

• Increasedengagementofemerging markets

• EstablishedtheSMECommittee (SMEC) to better represent the voice of members and the wider SME community

• CommemoratedSBF’s10thanniversary

• Newdirectiontobeamoreissue-centric organisation representing the concerns and needs of our members – stronger voice representation

• LaunchofSBFFoundation• LaunchofNTU-SBFCentrefor

African Studies • Deeperengagementof

emerging markets, particularly Africa

• Betteradvocateforbusinessesthrough SMEC

SINGAPORE BUSINESS FEDERATION Annual Report 2013 39

As prescribed by the SBF Act 2001, the Board of Trustees is responsible for ensuring that:• TheSingaporeBusinessFederationactsinfurtheranceofitsobjectsassetoutintheActandinitsConstitution;• ThefundsandassetsoftheFederationareproperlyaccountedforandsafeguarded;and• ThepersonswhoaremembersoftheCouncilarefitandpropertoholdsuchoffice.

TheMinisterforTrade&IndustryhasappointedMrsFangAiLianastheChairman.MrsTheresaFoo-YoMieYoenandMrLucienWongaretheothertwomembersoftheBoard.

FANG AI LIANChairman• BoardMember,Singapore

Telecommunications Limited• BoardMember,BanyanTree

Holdings Limited• BoardMember,MetroHoldings

Limited• BoardMember,MediaCorp

Private Limited• ChairmanofCharityCouncil

THERESA FOO-YO MIE YOENMember• Chairman,GardensbytheBay• Chairman,TheEsplanadeCoLtd• Chairman,SingaporeBusiness

Federation Foundation• Chairman,VivaFoundationfor

Children with Cancer Limited• Member,SingaporeBusiness

Advisory Consultants & Council• Member,BoardofTrusteesof

Singapore National Employers Federation

• BoardDirector,EcquariaLimited

LUCIEN WONGMember• ChairmanandSeniorPartnerofAllen

& Gledhill LLP, Advocates & Solicitors, Singapore

• Director,HapSengPlantationsHoldings Berhad

• Director,SingaporeAirlinesLimited• Director,SingaporeHealthServices

Pte Ltd• Director,SingaporePressHoldings

Limited• Director,TemasekHoldings

(Private) Limited• Chairman,MaritimeandPort

Authority of Singapore• Chairman,SingaporeInternational

Arbitration Centre

Board Of Trustees

SINGAPORE BUSINESS FEDERATION Annual Report 201342

FEDERATION PROFILE

The SBFCouncil,whichmanages the affairs of the Federation, includes nominated, elected and co-opted representatives. The Council has a minimum of 20 and a maximum of 26 members.

The three local ethnic chambers i.e. Singapore Chinese Chamber of Commerce & Industry, Singapore Indian Chamber ofCommerce&Industry,andSingaporeMalayChamberofCommerce&IndustryhavepermanentrepresentationintheCouncil.

The rest of the Council Members would be nominees of local chambers, representatives from foreign chambers of commerce, elected representatives of member companies, and co-opted members.

TONY CHEW LEONG-CHEEChairman• ExecutiveChairman,AsiaResource

Corporation • Chairman,KFCVietnam,Macondray

Holdings,AllianceAsiaInvestmentPte Ltd

• IndependentDirector,KeppelCorporation

• Member,NationalProductivityandContinuing Education Council

• Member,EnterpriseDevelopmentAdvisory Council

• Member,ChineseDevelopmentAssistance Council Board of Trustees

• Adviser,SingaporeInstituteofInternationalAffairs

• ConferredMeritoriousServiceMedal(2013), Public Service Star (2008), PublicServiceMedal(2001),NUSOutstanding Service Award (2011)

ABDUL ROHIM SARIP PBMVice Chairman• ImmediatePastPresident,Singapore

Malay Chamber of Commerce &Industry

• LawyerandManagingPartner, A Rohim Noor Lila & Partners

• Member,SMECommittee,SBF• Member,MalaysiaSingapore

Business Council • BoardMember,SCORE• CommitteeMemberACCORD• Director,InstituteofSouthEast

Asian Studies• VicePresident,CasaRaudha

WomenHome• Member,MedishieldLife

Review Committee• Volunteer,JamiyahLegalClinic

GAUTAM BANERJEEVice Chairman• SeniorAdvisortotheBlackstoneGroup

and Chairman of Blackstone Singapore• BoardMemberofthefollowing:

- Economic Development Board- Government of Singapore

InvestmentCorporationPteLtd- Singapore Airlines Limited- SingaporeInternationalArbitration

Centre- Singapore Legal Service Commission- Straits Trading Company Limited- PiramalEnterprisesLtd(India)

• GoverningBoardMember, Yale-NUSCollege

• TermTrustee,SingaporeIndianDevelopment Association

• Member,IndianHeritageCentreSteering Committee, National Heritage Board

• GoverningCouncilMember, Singapore Business Advisors and Consultants Council

• FormerExecutiveChairman,PricewaterhouseCoopers LLP, Singapore

• FormerNominatedMember of Parliament

Council Members (2012 – 2014)

SINGAPORE BUSINESS FEDERATION Annual Report 2013 43

Council Members (2012 – 2014)

SHABBIR H. HASSANBHAIVice Chairman• Director,IndoStraitsTradingCo(Pte)

Ltd & related companies• Director,AlBadawiGeneralTrading

LLC,UAEandOman• Director,GatewayDistriparksLtd

&Groupofcompanies,India• Director,IntracoLimited• Director,SingaporeBusinessAdvisors

and Consultants Council• ChairmanAdvisoryBoard,NTU-SBF

Centre for Africa Studies• Chairman,Africa-SingaporeBusiness

Group, Middle East Business Group, Co-Chair Singapore-Oman Business Council, SBF

• VicePresident,SingaporeIndianDevelopmentAssociation(SINDA)

• Member,Oman-SingaporeJointCommittee, Ministry of Foreign Affairs

• Member,ManagementBoardMiddleEastInstitute,NUS

• Member,FinanceandInvestmentCommittee, Ang Mo Kio-Thye Hua Kwan Hospital

• Singapore’sNon-ResidentHighCommissioner to the Federal Republic of Nigeria, Ministry of ForeignAffairs

• ConferredPublicServiceMedal(PBM) in 2010

RANGARAJAN NARAYANAMOHANVice Chairman• Chairman,SingaporeIndian

ChamberofCommerceandIndustry• SBFMember-Finance&Investment

Committee• SeniorPartner,Natarajan&

Swaminathan, Charted Accountant Singapore

• BoardofTrustees,InstituteofSouth East Asian Studies, Member Executive Committee & Fund Raising Committee.

• MemberofthePeople’sAssociationTalents Advisory Council 2009/2011

• ViceChairman,TamilLanguageCouncil(MCYS)

TANG KIN FEIVice Chairman• GroupPresident&CEO,Sembcorp

IndustriesLtd• Director,SembcorpMarineLtdand

various other Sembcorp companies• CouncilMember,SingaporeChinese

ChamberofCommerce&Industry• Chairman,SBFChinaBusinessGroup• Member,AbuDhabi-Singapore

Business Forum and Saudi-Singapore Economic City Business Forum

• Chairman,NgeeAnnPolytechnicCouncil

• ViceChairmanandTrustee, KwongWaiShiuHospital

• Co-chairman,Saudi-SingaporeBusiness Council

• RepresentsSembcorpIndustriesontheSingapore-JiangsuCooperationCouncil,Singapore-ZhejiangEconomic & Trade Council

SINGAPORE BUSINESS FEDERATION Annual Report 201344

TEO SIONG SENGVice Chairman• NominatedMemberofParliament

(NMP) Singapore• ManagingDirector,Pacific

InternationalLines(Pte)Ltd• Chairman&CEO,Singamas

Container Holdings Limited• ImmediatePastPresidentof

Singapore Chinese Chamber of Commerce&Industry

• HonoraryConsulofTheUnitedRepublic of Tanzania in Singapore

• ChairmanofSingaporeMaritimeInstituteGoverningCouncil

• ChairmanofTheStandardSteamshipOwners’ProtectionandIndemnityAssociation (Asia) Ltd

• Director,BusinessChina• IndependentDirector,China

Shipping Container Lines Company Ltd

• BoardMember,Duke-NUSGraduateMedical School Governing Board

• JointChairman,AfricaSouthEastAsia Chamber of Commerce & Industry(ASEACC)

DR ROBERT YAP CHIN KOKVice Chairman• Chairman&CEOofYCHGroup• ASEANBusinessAdvisoryCouncil,

Singapore Chairman • FoundingChairmanofSupply

Chain Asia • VicePresident,SingaporeNational

Employers Federation• BoardMemberofInternational

EnterpriseSingapore(IE) & Maritime and Port Authority of Singapore (MPA)

• BoardofAdvisorsatSingaporeNational Committee for Pacific EconomicCooperation(SINCPEC),ASEANSMEAdvisoryBoardandSMUSchoolofInformationSystems.

PHILIP NG CHEE TATHonorary Secretary• ChiefExecutiveOfficer,FarEast

Organization• Director,SinoGroup(HongKong)• TheSingapore-ChinaFoundation

Board of Governors• AdvisoryBoardfortheCentrefor

Liveable Cities (CLC)• Chairman,BoardofTrusteesofthe

SingaporeUniversityofTechnologyand Design

• Co-optedMemberandChair,Singapore Health Services Pte Ltd (SingHealth) Property Committee

• Member,BoardofDirectorsoftheLeeKuanYewExchangeFellowship

• Member,MOHHoldingsHealthcareInfrastructureandPlanningCommittee(HIPC)

SINGAPORE BUSINESS FEDERATION Annual Report 2013 45

OLIVIA LUMDeputy Honorary Secretary• ExecutiveChairman&GroupCEO

ofHyfluxLtd• BoardMemberoftheInternational

Enterprise Singapore• MemberoftheSingapore-Oman

Business Council, Singapore Business Federation

• MemberoftheSingapore-ZhejiangEconomic and Trade Council, Singapore-JiangsuCooperationCouncil & Singapore-Tianjin Economic & Trade Council

• BoardofTrusteeMemberofTheChinese Development Assistance Council

• PatronofTheSingaporeProductivityAssociation

• AdvisertoSingaporeInstitute ofInternationalAffairs

• FormerNominatedMember of Parliament

• FormerMemberoftheAPECBusiness Advisory Council

• FormerPresidentoftheSingaporeCompact for Corporate Social Responsibility

• FormerDirectoroftheNationalUniversityHealthSystemPteLtd

• FormerBoardofTrusteesMemberoftheNationalUniversityofSingapore

BOB TAN BENG HAIHonorary Treasurer• Chairman,JurongEngineering

Limited• Chairman,InstituteofTechnical

Education• Chairman,SingaporeLNGPteLtd• Chairman,SINGEXholdingsPteLtd• DirectorofSMRTCorporationLtd• DirectorofCapitaMallsAsiaLtd• VicePresidentofSingaporeNational

Employers Federation • Co-ChairmanofTripartiteAlliance

for Fair Employment Practices • MemberofNationalWagesCouncil• BoardMemberofOngTengCheong

LabourLeadershipInstitute• MemberofNTUCClub

Management Council

CHONG SIAK CHINGDeputy Honorary Treasurer• ChiefExecutiveOfficer,National

Gallery Singapore• BoardMemberofSingaporePress

Holdings Limited• BoardMemberofNational

Arts Council• BoardMemberofJurongHealth

Services Private Limited• MemberofNationalUniversityof

Singapore(NUS)BoardofTrustees• MemberofYale-NUSCollege

Governing Board

Council Members (2012 – 2014)

SINGAPORE BUSINESS FEDERATION Annual Report 201346

CHAN CHONG BENGMember• President,AssociationofSmalland

Medium Enterprises (ASME)• Chairman,GoodrichGlobalPteLtd• Member,SBF-ledSMECommittee

(SMEC)• Chairman,RisingBusinessCosts

Sub-committee, SMEC• TopEntrepreneuroftheYear

PIYUSH GUPTAMember• ChiefExecutiveOfficerandDirector

of DBS Group, as well as Director of DBS Bank (Hong Kong) Limited and TheIslamicBankofAsiaLimited

• CouncilMemberofTheAssociationof Banks in Singapore

• DeputyChairmanofSPRINGSingapore

• BoardMemberoftheInstituteofInternationalFinance,Washington

• DirectorofTheInstituteofBanking & Finance

• BoardMemberoftheHumanCapitalLeadershipInstitute

• AdvisoryBoardMemberoftheSimKeeBoonInstituteforFinancialEconomics

• ManagingCouncilMemberoftheIndianBusinessLeadersRoundtable

• DirectoroftheMasterCardAsia/Pacific, Middle East and Africa Regional Advisory Board

GEORGE HUANG CHANG YIMember• President,SingaporeManufacturing

Federation• ManagingDirector,AmoyCanning

Corporation, (S) Ltd• HonoraryConsul-General

of the Federal Democratic Republic of Ethiopia

• Patron,TampinesCentralCitizens’Consultative Committee

• President,CharteredManagementInstituteSingaporeBranch

• Chairman-SchoolAdvisoryCommittee, Balestier Hill Secondary School

• Chairman,SchoolofHumanities&Social Sciences, Temasek Polytechnic

• Chairman,BusinessPracticesCommittee, Consumers Association of Singapore

• Chairman,AdvisoryCommittee,Singapore Environment Council

• Chairman,SingaporeBusinessAdvisors & Consultants Council

SINGAPORE BUSINESS FEDERATION Annual Report 2013 47

SHANKER IYERMember• ImmediatePastChairman,Singapore

InternationalChamberofCommerce• Chairman,TheIyerPractice,

Accountants and Business Consultants

• Chairman,InternationalFiscalAssociation (Singapore Branch)

SIMON KAHNMember• Chairman,AmericanChamber

of Commerce in Singapore• CMO,AsiaPacific,GoogleInc

KAY KUOK OON KWONGMember• President,SingaporeHotels

Association• ExecutiveChairman,Shangri-La

Hotel Limited, Singapore• ManagingDirector,Shangri-LaHotels

(M) Bhd• Director,Kuok(Singapore)Limited• Director,AllgreenPropertiesLimited• Chairman,NationalHealthcare

Group Pte Ltd• Member,NUSBoardofTrustees• Chairperson,Yale-NUSCollege

Governing Board• Trustee,WildlifeReservesSingapore

Conservation Fund• Member,NorthlightSchoolBoard

of Governors• Chairman,Yale-NUSLiberal

Arts College

Council Members (2012 – 2014)

SINGAPORE BUSINESS FEDERATION Annual Report 201348

MITSUHIRO AKIYAMA Member• President,JapaneseChamberof

Commerce&Industry,Singapore• CouncilMember,SingaporeNational

Employers Federation• CommitteeMember,Japanese

Association Singapore• Director&GeneralManager,

Sumitomo Mitsui Banking Corporation

GRAHAM LEEMember• Partner,PricewaterhouseCoopersLLP• Fellow,InstituteofSingapore

Chartered Accountants and Member, InstituteofCharteredAccountants in Australia

• ImmediatePastPresident,AustralianChamber of Commerce, Singapore

• Member,InternationalRelationsCommittee, Singapore Business Federation

LAWRENCE LEOW CHIN HINMember• ExecutiveChairman,Crescendas

Group• Chairman,SBFSMECommittee

(SMEC) • DeputyPresident,Singapore

Badminton Association• PastPresident,AssociationofSmall

and Medium Enterprises• Chairman,SchoolAdvisory

Committee, Gong Shang Primary School

• ViceChairman,SBFASEAN Business Group

• Patron,SingaporeTaekwondoFederation

• Patron,YewTeeCitizens’ConsultativeCommittee and Constituency Sports Club

• FormerNominatedMemberofParliament (10th Parliament)

SINGAPORE BUSINESS FEDERATION Annual Report 2013 49

STEFANO POLIMember• President,EuropeanChamberof

Commerce (Singapore)• Secretary,EU-ASEANBusiness

Council Asean• CouncilMember,GersonLehrman

Group(USA)• AdvisoryBoardMember,FFAAsia

Pte Ltd • Member,AspenInstitute(Italy)• President&CEO,AntaeusPteLtd• Shareholder,ElectroPowerSystems

Spa(Italy)• Shareholder,VASSSrl(Italy)

ALVIN YEOMember• SeniorCounsel• SeniorPartner,WongPartnershipLLP• MemberofParliament• Member,AppealsAdvisoryPanelof

the Monetary Authority of Singapore • Member,CourtoftheSingapore

InternationalArbitrationCentre• Director,UnitedIndustrial

Corporation Ltd • Director,SingaporeLandLtd• Director,KeppelCorporationLtd• Director,NeptuneOrientLines

Limited

Council Members (2012 – 2014)

SINGAPORE BUSINESS FEDERATION Annual Report 201350

SBF Committees

SINGAPORE BUSINESS FEDERATION Annual Report 2013 51

No. Committee Composition of Members

SBF Council Committees 2012-2014

1 Executive Committee Mr Tony Chew (Chairman)

Mr Teo Siong Seng

Mr Tang Kin Fei

DrRobertYap

Ms Chong Siak Ching

2 Audit Committee Mr Gautam Banerjee (Chairman)

MrShankerIyer

Mr Stefano Poli

3 Finance&InvestmentCommittee Mr Bob Tan (Chairman)

Mr R Narayanamohan

DrRobertYap

Mr Piyush Gupta

Mr Chan Chong Beng

4 InternationalRelationsCommittee Mr Shabbir Hassanbhai (Chairman)

Mr Graham Lee (Vice Chairman)

Mr Simon Kahn (Vice Chairman)

Mr Kiyofumi Kusaka (Vice Chairman)

MrPhilipWForrest*

Mr Michael Cheok *

Mr Tan Seng Chye *

Mr Freddy Lam *

*Non-Council Members

5 Member Relations Committee Mr Lawrence Leow (Chairman)

Mr Simon Kahn

Mr Graham Lee

Mr George Huang

Mr Abdul Rohim Sarip

6 Appointments & Remuneration

Committee

Mr Tony Chew (Chairman)

Mr Bob Tan

Madam Kay Kuok

7 Nominations Committee Mr Tony Chew (Chairman)

Mr Gautam Banerjee

Mr Philip Ng

No. Name Sector Organisation/Company Designation

SMEC Chairman

1 Lawrence Leow Real Estate Crescendas Group Executive

Chairman

SMEC Members

2 Tony Chew Apex Chamber Singapore Business Federation Chairman

3 Douglas Foo Employers Singapore National Employers Federation Council

Member

4 KurtWee SMEs Association of Small and Medium Enterprises President

5 George Huang Manufacturing Singapore Manufacturing Federation President

6 Lau Tai San Chinese Enterprises Singapore Chinese Chamber of Commerce and

Industry

Chairman

7 Abdul Rohim

Sarip

Malay Enterprises SingaporeMalayChamberofCommerceandIndustry

(SMCCI)

ImmediatePast

President

8 Rangarajan

Narayanamohan

IndianEnterprises SingaporeIndianChamberofCommerceandIndustry

(SICCI)

President

9 Linus Goh Banking/Finance The Association of Banks in Singapore (ABS) Head of Global

Commercial

Banking, OCBC

Bank

10 HoNyokYong(Dr) Construction Singapore Contractors’ Association Ltd President

11 Roderick Chia Infocomm SingaporeInfocommTechnologyFederation Chairman,

rodVENTURE

12 Quek Keng Liang Logistics Singapore Logistics Association Chairman

13 Ricky Souw (Dr) Precision Engineering Singapore Precision Engineering & Tools Association ImmediatePast

President

14 WongSioeHong Retail Singapore Retailers Association Vice-President

15 Ernie Koh Furniture SingaporeFurnitureIndustriesCouncil President

16 Susan Chong Environment/

Sustainability

Greenpac (S) Pte Ltd CEO

17 R Dhinakaran Retail JayGeeMelwaniGroup Managing

Director

18 Cynthia Phua Real Estate Singbridge Corporate Pte Ltd Executive Vice

President

19 Glenndle Sim Offshore,Marineand

Oil & Gas

Mencast Group Executive

Chairman &

CEO

20 Melvin Tan Engineering, System

Integration

Cyclect Group Managing

Director

21 Nanz Chong-

Komo

Entrepreneur NanzIncGroupPteLtd Founder

SBF-led SME Committee

SINGAPORE BUSINESS FEDERATION Annual Report 201352

CEO OFFICE

HoMengKit,ChiefExecutiveOfficer

GLOBAL BUSINESS DIVISIONChina & North Asia

AMERICAS, MIDDLE EAST & AFRICA, EUROPE & OCEANIA

VictorTay,ChiefOperatingOfficer

Edith Cheong, Assistant Executive Director

JeffreyLiew,Director

MartinYuoon,AssistantExecutiveDirector

Cody Lee, Director Renee Koh, Deputy Director

SBF Secretariat Management Team

SINGAPORE BUSINESS FEDERATION Annual Report 2013 53

ASEAN & SOUTH ASIA / GLOBAL-ASIA HUB

Thian Tai Chew, Assistant Executive Director

CAPACITY BUILDING

SUSTAINABLE DEVELOPMENT

JoshuaOng,Director(GlobalAsiaHub)

Neo Kian Siong, Assistant Executive Director

Business Continuity & Financial ManagementTouwJuneWah,DeputyDirector

Mentorship & Productivity IreneChen,DeputyDirector

Crispian Lye, Deputy Director Stephen Phoon, Deputy Director

Alan Tan, Director ( ASEAN & South Asia)

SBF Secretariat Management Team

SINGAPORE BUSINESS FEDERATION Annual Report 201354

MEMBER RELATIONS & SERVICES

Cheryl Kong, Assistant Executive Director

CORPORATE COMMUNICATIONS

HUMAN RESOURCE

Mabel Tang, Deputy Director

Gerald De Cotta, Director Esther Chong, Assistant Executive Director

Shirley Lim, Deputy Director

Lynette Kueh, Senior Manager Quek Keng Oei, Senior Manager

SME COMMITTEE

Lam Kong Hong, Director

CORPORATE SERVICES FINANCE

INFORMATION TECHNOLOGY

SINGAPORE BUSINESS FEDERATION Annual Report 2013 55

LOCAL PARTNERSTrade Associations And Business Chambers (SBF Council – Past And Present) • AmericanChambersofCommerce,Singapore• AssociationofBanksinSingapore• AssociationofSmallandMediumEnterprises• AustralianChamberofCommerce,Singapore• BritishChamberofCommerce,Singapore• EuropeanChamberofCommerce,Singapore• JapaneseChamberofCommerce&Industry,Singapore• KoreanChamberofCommerce,Singapore• SingaporeChineseChamberofCommerce&Industry• SingaporeContractorsAssociationLtd• Singapore-GermanChamberofIndustryandCommerce• SingaporeHotelAssociation• SingaporeIndianChamberofCommerce&Industry• SingaporeInfocommTechnologyFederation• SingaporeInternationalChamberofCommerce• SingaporeMalayChamberofCommerce&Industry• SingaporeManufacturingFederation• SingaporeNationalEmployersFederation• SingaporeShippingAssociation

TRADE ASSOCIATIONS, BUSINESS CHAMBERS & ORGANISATIONS (OTHERS) • AfricaSouthEastChamberofCommerce• AssociationofCompaniesandProfessionalsintheOil,

GasandRelatedIndustries,AsiaPacific• ChinaEnterpriseAssociation,Singapore• EnergyStudiesInstitute,NationalUniversityofSingapore• FrenchChamberofCommerceinSingapore• GasAssociationofSingapore• InstituteofCertifiedPublicAccountantsofSingapore• ItalianChamberofCommerceinSingapore• MarineOffshoreOil&GasAssociationofSingapore• MiddleEastInstitute,NationalUniversityofSingapore• NanyangBusinessSchool,NanyangTechnological

University• NationalAssociationofTravelAgentsSingapore• NewZealandChamberofCommerce,Singapore• RealEstateDevelopers’AssociationofSingapore• RestaurantAssociationofSingapore• SingaporeChemicalIndustryCouncil• SingaporeFoodManufacturers’Association• SingaporeFurnitureIndustriesCouncil• SingaporeHumanResourceInstitute• SingaporeLogisticsAssociation• SingaporeNationalCo-operativeFederation• SingaporeNightlifeBusinessAssociation• SingaporePrecisionEngineering&ToolsAssociation• SingaporeRetailersAssociation• Singapore-TurkeyBusinessAssociation• TextileandFashionFederation

OVERSEAS PARTNERSTrade Associations, Business Chambers & Organisations ASEAN • ASEANBusinessAdvisoryCouncil(ASEANBAC)• ASEANChambersofCommerce&Industry• ASEANYoungEntrepreneursAssociation• BoardofTradeofThailand• CambodiaChamberofCommerce• DanangInvestmentPromotionCenter• FederationofMalaysianManufacturers• HimpunanPengusahaMudaIndonesia• IndonesianChamberofCommerceandIndustry

(KADINIndonesia)• IskandarRegionalDevelopmentAuthority• LaoNationalChamberofCommerceandIndustry• MakatiBusinessClub,Philippines• MalaysiaInternationalChamberofCommerce&Industry• NationalChamberofCommerceandIndustry,Malaysia• PhilippineChamberofCommerceandIndustry• ThaiChamberofCommerce• TradeandTourismPromotionCentreofLamDong

Province• UnionofMyanmarChambersofCommerceandIndustry• VietnamChamberofCommerce&Industry

OCEANIA • SingaporeChamberofCommerce(WesternAustralia)

SOUTH ASIA• CeylonChamberofCommerce• ConfederationofIndianIndustry• FederationofBangladeshChambersofCommerceand

Industry• FederationofIndianChamberofCommerceandIndustry• TheAssociatedChambersofCommerceandIndustryof

India• TheBoardofInvestmentofSriLanka• WestBengalIndustrialDevelopmentCorporation

NORTH ASIA • All-ChinaFederationofIndustry&Commerce• ChinaCouncilforthePromotionofInternationalTrade• ChineseInternationalEconomicCooperationAssociation,

Taiwan• ChineseNationalFederationofIndustries,Taiwan• ChamberofCommerceDPRofKorea• EastAsiaBusinessCouncil• FederationofKoreanIndustries• GuangdongChamberofCommerce• HongKongGeneralChamberofCommerce• HongKongTradeDevelopmentCouncil• InternationalChamberofCommerceChina• JapanChamberofCommerceandIndustry

Singapore Business Federation Partners

SINGAPORE BUSINESS FEDERATION Annual Report 201356

• Keidanren,Japan• KoreaInternationalTradeAssociation• KyushuEconomicFederation,Japan• MacaoChamberofCommerce• SingaporeChamberofCommerceandIndustryinChina

(SingCham)

CENTRAL ASIA • ChamberofCommerceandIndustryoftheRepublicof

Kazakhstan • ChamberofCommerceandIndustryofUzbekistan• KurdistanFederationofChambersofCommerceand

Industry

AFRICA • AlgerianChamberofCommerceandIndustry• AssociationofGhanaIndustries• BoardofInvestment,Mauritius• BotswanaExportDevelopment&InvestmentAuthority• BurkinaFasoChamberofCommerceandIndustry• CapeVerdeInvestmentPromotionAgency• CEORoundtable-Tanzania• ChamberofCommerceandIndustryofIvoryCoast• ChamberofCommerce,IndustryandCraftsofNiger• ConfederationofEnterprisesofMorocco• GeneralAuthorityforInvestmentandFreeZones,Egypt• IvorianBusinessChamber• LibyanBritishBusinessCouncil• TanzaniaPrivateSectorFoundation• TanzaniaInvestmentCentre• TogoChamberofCommerceandIndustry• TunisianUnionforIndustry,Commerce&Handicrafts• UgandaInvestmentAuthority• UgandaNationalChamberofCommerce&Industry

MIDDLE EAST• AbuDhabiChamberofCommerceandIndustry• AjmanChamberofCommerceandIndustry• BahrainChamberofCommerce&Industry• CouncilofSaudiChambersofCommerceandIndustry• DubaiChamberofCommerceandIndustry• DubaiGovernment,DepartmentofTourismand

Commerce Marketing• DuqmSpecialEconomicZoneAuthority,Oman• EgyptianBusinessmen’sAssociation• IranChamberofCommerce,IndustriesandMines• JordanChamberofCommerce• KuwaitChamberofCommerce&Industry• KurdistanChamberofCommerce-Sulaimani• OmanChamberofCommerceandIndustry• PublicAuthorityforInvestmentPromotionandExport

Development, Oman• QatarChamberofCommerceandIndustry• QatariBusinessmenAssociation• SharjahChamberofCommerceandIndustry

EUROPE• AllRussiaPublicOrganization“DelovayaRossiya”• AllRussianNon-GovernmentalOrganizationofSmalland

Medium-Sized Business “OPORA Russia” • AustrianEconomicChamber• BelarusianChamberofCommerceandIndustry• BudapestChamberofCommerceandIndustry• BulgarianChamberofCommerceandIndustry• ChamberofCommerce&IndustryofRomania• ChamberofCommerceandIndustryoftheRussian

Federation• ConfederationofFinnishIndustries• ConfederationofIndustryoftheCzechRepublic• EstonianChamberofCommerceandIndustry• ForeignEconomicRelationsBoardofTurkey• ForeignTradeChamberofBosniaandHerzegovina• HungarianForeignTradeAssociation• InvestMacedonia• InternationalChamberofCommerceLithuania• IrishBusinessandEmployersFederation• MEDEFInternational• PolishChamberofCommerce• Romania-SingaporeChamberofCommerceandIndustry• RussianBusinessIncubator• SwissBusinessFederation• UnionofChambersandCommodityExchangesofTurkey• UkrainianNationalCommitteeoftheInternational

Chamber of Commerce • UkrainianLeagueofIndustrialistsandEntrepreneurs• UkrainianChamberofCommerceandIndustry

AMERICAS• ComexperuTheForeignTradeAssociationofPeru• CommissionforthePromotionofPeru• Export-ImportBankoftheUnitedSates• FederationofIndustriesofRioGrandedoSul• FederationofIndustriesoftheStateofSãoPaulo• MexicanBusinessCouncilforForeignTrade,Investment

and Technology• ProChileTradeandInvestment• ProMéxicoTradeandInvestment• SãoPauloChamberofCommerce• SociedaddeComercioExteriordelPerú• U.S.ChamberofCommerce

INTERNATIONAL • APECBusinessAdvisoryCouncil• Asia-PacificEconomicCooperation• ChineseTaipeiAPECStudyCenter• ConfederationofAsia-PacificChambersofCommerce

andIndustry• InternationalChamberofCommerce• NationalCenterforAPEC• U.S.NationalCenterforAPEC• U.S.–ASEANBusinessCouncil

SINGAPORE BUSINESS FEDERATION Annual Report 2013 57

GOVERNMENT PARTNERSLocal• Accounting&CorporateRegulatoryAuthority• AgencyforScience,TechnologyandResearch• BuildingConstructionAuthority• CompetitionCommissionSingapore• HousingDevelopmentBoard• InfocommDevelopmentAuthorityOfSingapore• InstituteofPolicyStudies,NationalUniversityofSingapore• InstituteofSouthAsianStudies,NationalUniversity

of Singapore• InlandRevenueAuthorityofSingapore• InternationalEnterpriseSingapore• JTCCorporation• LandTransportAuthority• MinistryofCommunicationsandInformation• MinistryofDefence• MinistryofFinance• MinistryofForeignAffairs• MinistryofHealth• MinistryofHomeAffairs• MinistryofManpower• MinistryofTheEnvironmentandWaterResources• MinistryofTradeandIndustry• NationalSecurityCoordinationSecretariat• SingaporeCustoms• SingaporeCustomsAcademy• SingaporeEconomicDevelopmentBoard• SPRINGSingapore(Standards,Productivityand

InnovationBoard)• UrbanRedevelopmentAuthority• WorkforceDevelopmentAuthority

Foreign• AnshunMunicipalPeople’sGovernment,China• AustralianTradeCommission,Singapore• BadanKoordinasiPenanamanModalIndonesia• BatamIndonesiaFreeZoneAuthority• BoardofInvestments,Thailand• EastCoastEconomicRegionDevelopment

Council, Malaysia• FujianProvincialDepartmentofForeignTrade

& Economic Cooperation • GuangzhouDevelopmentDistrict,China• HungarianInvestmentandTradeDevelopmentAgency• InvestinFranceAgency• InvestinSpain• IskandarRegionalDevelopmentAuthority,Malaysia• ItalianTradeCommissioninSingapore• MalaysianInvestmentDevelopmentAuthority• MalaysianExternalTradeDevelopmentCorporation• MinistryofInternationalTrade&Industry,Malaysia• NetherlandsForeignInvestmentAgency• PhilippineDepartmentofTrade&Industry• PhilippineEconomicZoneAuthority• PolishInformationandForeignInvestmentAgency• SabahDevelopmentCorridorandInvestmentAuthority• SlovakInvestmentandTradeDevelopmentAgency• SwissBusinessHub• ThailandConvention&ExhibitionBureau• ThailandDepartmentofInternationalTradePromotion• U.S.DepartmentofCommerce• UBIFRANCE

Singapore Business Federation Partners

SINGAPORE BUSINESS FEDERATION Annual Report 201358

VOICE REPRESENTATION February• 2013GlobalOutlook-What’sinitforSingaporeBusiness?• BriefingontheEnhancedMarriage&ParenthoodPackage• BriefingonSingaporeBudget2013forTradeAssociations

and Chambers

March• SME Committee Strategic Planning Session with Trade

Associations and Chambers• SeminaronBudget2013• Briefing on Wage Credit Scheme: Implications on HR &

Employers• BriefingonTradeSchemesandRegulations• Briefing on Workplace Safety and Health Scheme &

Programmes• BriefingontheEmploymentAct,ForeignManpowerPolicy,

and Fair Employment Practices

April • 20132ndAPECBusinessAdvisoryCouncil(ABAC)Meeting

May• BriefingonWork-LifeSchemesandPractices• BriefingonNationalWagesCouncilGuidelinesfor2013/2014

and the Legal Framework for Union Representations forPMEs

June• 2nd Briefing on NWC Guidelines for 2013/2014 and

TripartiteGuidelinesontheJobFlexibilityScheme

July• Briefingon iSPRINTSchemeandPersonalDataProtection

Act• BriefingonEnhancedPICScheme&PICBonusandWDA’s

Programmes & Activities• BriefingonWorkplaceIntegration&DiversityManagement• Eminent Leaders’ Series: Dialogue with Deputy Prime

Minister Tharman Shanmugaratnam

September• Briefing on Company’s Tax Obligations andWage Credit

Scheme

October • NationalSecurityConference2013• GlobalEntrepolis@Singapore:SMEConvention• BriefingonFairConsiderationFramework

November• BriefingonCreatingaHealthyWorkplace• Briefing on Revised XBRL Filing Requirements & HR and

Finance Management Strategies for Business

SEMINARS,WORKSHOPS,DIALOGUESESSIONSORGANISEDBYSBF

December• BriefingonAmendmentsoftheEmploymentAct(Phase2)

andtheIRAct• FocusGroupDiscussiononTaxIssues

BUSINESS FACILITATION & NETWORKING February• SBFASEANBusinessGroupBreakfastNetworkingSession

with IE Singapore Centre Directors:Malaysia & IndonesiaMarkets

• Singcham-SBFLunarNewYearNetworkingReception

March• Belarus-SingaporeBusinessForum• Spain and Italy: Trade, Business, Franchise & Investment

Opportunities• Trans-PacificPartnershipCocktailReception• Mongolia-SingaporeBusinessForum

April • ChinaCouncilforthePromotionofInternationalTrade:7th

ChineseEnterprisesOutboundInvestmentConference• MENAInsightsSeries-UpdateonEgypt• ‘DubaiMeansBusiness’Seminar• BriefingonNewU.S.SanctionsonIranandImplicationsfor

Singapore Businesses• ABACSeminaronBusinessOpportunities inChile,Peru&

Mexico• BangladeshTradeandInvestmentSeminar

May• Seminaron Lille Region in France:The Smart Place todo

Business in Europe • Netherlands: Launchpad to the EU-Singapore Free Trade

Agreement• Brazil Transport Infrastructure and Investment

Opportunities• Saudi Delegation Networking Session with Singapore

Business Community• SBFAfricaBusinessGroupAwarenessSeminar:Spotlighton

Mauritius • OpportunitiesofDoingBusinessinSriLanka

June• Tanzania-SingaporeBusinessForum• NetworkingLuncheonforTanzaniaPresidentialDelegation

and Forum Sponsors• VietnamMarket Insights Seminar: BusinessOpportunities

in ThanhHoa Province

List of Activites 2013

SINGAPORE BUSINESS FEDERATION Annual Report 2013 59

July• Kyushu-SingaporeBusinessForum• SBFAfricaBusinessGroupAwarenessSeminar:Spotlighton

Mozambique• OpportunitiesinBrazil’sPre-SaltandInlandGasAreas• Cameroon-SingaporeBusinessForum• SBFAfricaBusinessGroupAwarenessSeminar:Spotlighton

Kenya• SeminaronMyanmar:Progress,PotentialandPromise

August• MENAInsightsSeries:UpdatesonIraq

September• Russia-SingaporeBusinessForum• SpotlightonDuqmSpecialEconomicZone,Oman• GulfCooperationCouncil–SingaporeFreeTradeAgreement

Outreach Seminar• Invest inWestern Australia Seminar Series: Business and

InvestmentOpportunitiesinWesternAustralia• SBFAfricaBusinessGroupAwarenessSeminar:Spotlighton

Ukraine

October • GlobalEntrepolis@Singapore2013• Global Entrepolis @ Singapore: Supply Chain Leadership

Forum• Global Entrepolis@ Singapore: IndonesiaMarket Insights

Track• Global Entrepolis @ Singapore:MyanmarMarket Insights

Track• GlobalEntrepolis@Singapore:ChinaMarketInsightsTrack• GlobalEntrepolis@Singapore:JapanMarketInsightsTrack• AsiaPacificSustainabilityLeadershipForum• SBFAfricaBusinessGroupAwarenessSeminar:Spotlighton

Botswana• Focus on Hungary: First Hungary-Singapore Business to

Business Meeting• ImplementingtheEuropeanUnion–SingaporeFreeTrade

Agreement: Opportunities for European and Singapore Businesses

• DubaiAirportFreezoneSeminar

November• Africa-AsiaOil&GasSummit• Business Horizon Series: Exploring Merger & Acquisition

Opportunities in Europe• Investment Opportunities in Central Java Province,

Indonesia• CEO Roundtable with Singapore Ambassador to the

People’s Republic of China Mr Stanley Loh• SingaporeBusinessInsightsbriefingorganisedforKorean

InfoComTechnology

CAPACITY BUILDINGJanuary• PowerfulSolutionsforBusinessResilience–EnterpriseRisk

ManagementorBusinessContinuityManagement?• SBF-WDA Empowering Efficiency & Excellence (3E)

Productivity Programme• BusinessContinuityManagementAward2013:Optimising

Between Business Opportunities and Risks• MarketingROI:ACostBenefitAnalysis• CEOWorkshop:bizSAFELevel1• Accounting101:ACrashCourseforNon-Accountants• AcceleratingProductivityGrowththroughMobileStrategies• RiskManagementCourse:bizSAFELevel2• CEOBreakfastRoundtableWorkplaceSuccesses:Embracing

Families in Businesses• VietnamLabourLaw

February• BusinessContinuityManagementManagerCourse• SBF-BDO Family Business Workshop: Succeeding

Generations, Preserving Ties• Unravelling Financial Statements: The Art of Interpreting

Published Numbers• WorkshoponCase-Studieson30Pitfalls,Tricks&Traps in

Letters of Credit Transactions• WorkshoponDraftingEmploymentContract• Workshop on Employment of Foreign Workers: Legal

Obligations

March• ProductivityInformationSession:ImprovingProductivity–

WhereCanYouJumpstart?• BreakfastTalk:EmbarkonaSuccessfulCloudJourney• Leading with Business Continuity: 2-Day ISO 22301 BCM

Standard Manager• HavingtheEndinMind:FinancialPlanning&Budgeting• SingaporeSustainabilityAllianceMeeting• SustainablePlusSeminar• WorkshoponChinaValue-AddedTax• WorkshoponFinancialReportingStandardsUpdates• MinimisingPaymentDefaultsforBusinessSuccess

April • APECSMEForumonInnovation• BreakfastTalk:BusinessTransformation–TransformToday’s

Businesses and Master the Challenges of the Future• HeightenBusinessProductivity,ReduceBusinessRisks• VI2:Vietnam,Indonesia&India-CountryRisksSeries• ASEANFinancialThoughtLeadership• IntegratedReportingDialogue• WorkshoponMalaysiaEmploymentAct

List of Activites 2013

SINGAPORE BUSINESS FEDERATION Annual Report 201360

May• APEC Emergency PreparednessWorking Group: Business

Continuity Planning – Policies, Practices and Programs• Implementing BCM according to ISO 22301…..A

Practitioner’s Perspective• Breakfast Talk: The Business Solution to Increasing

Productivity,SavingTangible&IntangibleCosts&ReducingRisk

• Mentoring Roundtable on Business Restructuring byMentor Mr Lim Soon Hock: Business Restructuring: Tough Measures for Tough Times

• CEO Challenges 2013: Human Capital & OperationalExcellenceFindOutWhy?

• WorkshoponUCP600&ISBP2007

June• APACCountryRisksSeries:PaymentTrends&CreditRiskof

Asia Pacific• Mandarin Mentoring Roundtable on Family Business by

Mentor Mr Poh Choon Ann• Mentoring Roundtable Session on Family Businesses

hosted by Mr Shabbir Hassanbhai • In Dialogue Session with Mentor Mr Wong Fong Fui:

Sustaining Unbroken Lineage over Business Cycles – AMythorRealityinChallengingTimes?

• Roundtable with Professor John Ruggie - Business andHuman Rights

• WorkshoponApplyingNewFRSConsolidationStandards• SeminaronMergersandAcquisitions

July• IsYourCurrentCloudWorkingOutForYou?• Transformational Strategies to Resilient & Proactive

Business: Breakfast talk on Optimising Business Value and Achieving Operational Excellence

• Harnessing Supply Chain Productivity to Drive BusinessProfits

• QuantifyingReturnsonGrowthInitiatives• Productivity & Cost Management: An Activity-Based

Approach• WorkshoponCorporateGovernanceandDirectors’Duties

& Liabilities• SeminaronManagingDistributors• WorkshoponThailandEmploymentAct• WorkshoponVietnamEmploymentAct

August• Breakfast talk on Regional Business Profitability : Analyse

YourBusinessProfitandAchieveRealBusinessProfit• Improving Business Resiliency & Productivity Through

Cloud Technology-Revolutionary Solutions• EffectiveReceivablesManagement:AHolisticPre-Emptive

Approach

• G4 Sustainability Reporting Guidelines Workshop:CommunicatingWhatMatters

• Community Engagement Programme: Workshop on theKeytoProtectYourBusiness-AHarmoniousandResilientWorkplace

• WorkshoponWithholdingTax

September• BreakfastTalk:AWorldImmersedinDisruptiveTechnology• Stakeholder Consultation on Haze and Sustainable

Agriculture• CSR Thought Leaders Lecture Series: International

RegulatoryTrendsincludingtheUKBriberyAct:Wherearewenow?

• ComplexitiesinSimplePracticalCorporateTax• IndonesiaLabourLaw• WorkshoponProductivity&InnovationCredits• SeminaronTransferPricing• CEO Networking Night: Previewing the Singapore Sports

Hub• WorkshoponTermination&Dismissal• WorkshoponWorkInjuryCompensationAct

October • Sustainability Reporting Training Seminar: A Practical

Approach• WorkshoponEmploymentAct• WorkshoponLettersofCredit:AnIn-depthUnderstanding

forImporters&Exporters• WorkshoponRetirement&Re-EmploymentAct• WorkshoponTheArtofDraftinganEmployeeHandbook• IslamicFinanceServicesConference

November• Optimise Business Value and Achieve IT Operational

Excellence• CrisisManagementandCommunications• TaxMatters:AMatterofDueDiligence• ManagementReportingforAccountability&Insight• CSR101forSMEs:AchievingEconomicSustainabilitywith

Social and Environmental Sustainability • CEO Breakfast Talk on Monetising Leadership Quality:

Leadership Equity Through The Analysts’ Lens• WorkshoponGoods&ServicesTax (GST):Understanding

GST to Avoid Common Pitfalls and Manage Audit Queries

December• WorkshoponIncoterms• WorkshoponDisciplineHandlingattheWorkplacefromHR

& Legal Perspective• Workshop on Drafting and Negotiating Commercial

Contracts

SINGAPORE BUSINESS FEDERATION Annual Report 2013 61

EVENTS SUPPORTED BY SBF January• SMEDevelopmentConference

February• TheOutlook for New Zealand business in Singapore and

Southeast Asia in 2013• ICPASInternationalisationSeminar:Internationalisationfor

Growth – Partnering for Success into China Market

March• BusinessPowerUp:LinkedIn• iAdvisorySeminarSeries:DoingBusinessinJapan

April • Briefing on New U.S. Sanctions on Iran for Singapore

ShippingIndustry• WomeninBusiness:MarketingandBranding• BusinessPowerUp:TwitterTactics• SeniorBatamOfficialExperientialLearningProgrammeon

Singapore-IndonesiaInvestment• China (Yunnan)-Singapore Economic Cooperation and

China-South Asia Expo Promotion Seminar• iAdvisorySeminarSeries:DoingBusinessinTaiwan• “WininCityofWealth–Chengdu”InvestmentForum

May• NewZealand&AsianEconomicUpdateand2013Budget

Review Breakfast• HongKongTradeDevelopmentCouncilNetworking cum

Luncheon Talk in Singapore• TianjinEco-CityInvestmentSeminar

August• FinlandEducationBusinessNetworkingEvent• Start-upEnterpriseConference

September• Business BreakfastwithBill English,NewZealandDeputy

Prime Minister and Minister of Finance

October • BeautyRendezvous–UbiFranceDelegation• GES:SpecialFeatureonDoingBusinessinEstonia• GES–Nigeria Singapore Business and Investment Forum

2013• ForumonSino-SingaporeGuangzhouKnowledgeCity

November• Seminar on Opportunities for Singapore Companies in

Eastern Germany• SBFAfricaBusinessGroup-AfricaSouthEastAsiaChamber

of Commerce Roundtable• TaiwanBusinessForum• MalaysiaBusinessForum

December• SeminaronBusinessInvestmentOpportunitiesinItaly

DELEGATION VISITS HOSTED BY SBFJanuary• CEORoundtable inConjunctionwithStateVisitofQueen

Beatrix of the Netherlands• DialogueSessionwithAmadouBoubacarCissé,Ministerof

State for Planning, Territorial and Community Development, Niger

• BusinessRoundtablewithEthiopiaDelegation• DelegationfromYantai,China• Delegation from Ningbo Foreign Trade & Cooperation

Bureau

March• CEO Roundtable with Singapore High Commissioner

to Malaysia, Mr Ong Keng Yong, on Malaysian GeneralElections

• DelegationfromAnshan,China

April • SBFAfricaBusinessGroupBusinessHorizonSeries–“Africa

- From the Hopeless to a Hopeful Continent (The History, Politics & Economic Transition)”

• CourtesyCallfromEstoniaForeignAffairsCommittee• Industry Engagement Session on Business Interests in

Turkey• SBF Middle East Business Group Ambassadorial Talks:

Dialogue Session with Dr Ismieal Shafiq Muhsin,AmbassadoroftheRepublicofIraq

• DelegationfromYancheng,China• VisitbyChinaAseanExpositionSecretariatTeambyMr.Shi

Zhuyao,ViceSecretaryGeneral• DelegationfromGuizhou• DelegationfromNantong,China• DelegationfromChongqing,China

May• DelegationfromChongqingBusinessFederation

List of Activites 2013

SINGAPORE BUSINESS FEDERATION Annual Report 201362

June• RoundtableSessionwithHungarianITCompanies• Roundtable on Challenges and Opportunities in Cuba’s

Economic Reforms• Tanzania-SingaporeBusinessRoundtableMeeting• DelegationfromThanhHoa,Vietnam• DelegationfromSuzhouIndustrialPark

July• Singapore-CostaRicaFTAOutreachRoundtable• DelegationfromRizhao,China• Visit by China-Malaysia Qinzhou Industrial Park

Management Committee • VisitbyStandardCharteredKoreaDelegation• DelegationfromShanghai,China• DelegationfromZhejiang,China• DelegationfromDeloitte,Chongqing

August• Queensland-Singapore Trade & Investment Roundtable

with Queensland Trade Minister and Treasurer Tim Nicholls• Courtesy Call on SBF Chairman by Republic Of Korea

Ambassador Suh Chung Ha • Courtesy Call on SBF Chairman by Republic Of Korea

CongressmanKimJung-HoonandDelegation• Delegation from China Council for the Promotion of

InternationalTrade(CCPIT)• DelegationfromChengdu,China• DelegationfromTaicang,Jiangsu,China• DelegationfromHuizhouZhongkaiHigh-techZone

September• DelegationfromYantai,China• SBF-IndonesianChamberofCommerce&IndustryMeeting

on Haze • DelegationfromSweden• Delegation from the Federation of Indian Export

Organisations,India

October • DelegationfromJiangsu(TaicangCity),China• VisitbyGuangxiForeignAffairsOffice• Visit by China Council for the Promotion of International

Trade(CCPIT)• DelegationfromShaoguan,China• DelegationfromShandong,China• DelegationfromVietnam• RoundtablesessionwithPhilippineTradeSecretaryGregory

L. Domingo• DelegationfromGermanMaritimeIndustry• Delegation from UK Trade & Investment, South East and

London

November• LuncheonwithFrenchBusinessLeadersfollowingBusiness

Mission to France• Delegation from Guangxi Beibu Gulf International Port

Group • DelegationfromKoreaTradeInvestmentPromotionAgency• DelegationfromTama,Japan• DelegationfromKitakyushu,Japan• DelegationfromTaiwan

December• DelegationfromYunnan,China• DelegationfromXi’an,China• DelegationfromGuangxiTradePromotionAgency

OVERSEAS BUSINESS MISSIONS March• BusinessMissiontoIraq• InternationalBusinessFellowshipExecutiveProgrammeon

Vietnam: Danang & Ho Chi Minh City

April • BusinessMissiontoHoChiMinhCity,Vietnam• SBF-Singapore Airlines Business Mission to Iskandar

Malaysia• BusinessMission to the China Council for the Promotion

ofInternationalTrade–7thChineseEnterprisesOutboundInvestmentConferencefortheSingaporeDaySeminar

May• 2ndChinaInternationalFairforTradeInServices• BusinessMissiontoAngolaandMozambique• GreentechBusinessMissiontoYangzhou,China• GreentechBusinessMissiontoGermany• InternationalBusinessFellowshipExecutiveProgrammeon

Indonesia:Jakarta• BusinessMissiontoShandong• BusinessMission to Chongqing, China, for the Singapore

Day Seminar at the 16th China International Investmentand Global Sourcing Fair

June• 20THSouthernAfrican InternationalTradeExhibitionand

Africa’sBigSeven–Johannesburg,SouthAfrica• InternationalBusinessFellowshiponRussia:MoscowandSt

Petersburg • SMU-SBFBusinessMissiontoMyanmar• 18th SME’s 2013, The International Spring Trade Fair

(Mongolia)• 5thEastAsiaBusinessForum@Tianjin,China• SingaporeUrbanSolutionsBusinessMissiontoRussia

SINGAPORE BUSINESS FEDERATION Annual Report 2013 63

July• BusinessMissiontoGhanaandIvoryCoast• BusinessMissiontoFukuoka,JapanfortheSingaporeDay

Seminar at the Kyosokan Conference

August• BusinessMissiontoTanzaniaandUganda

September• 10thChina-ASEANExposition• BusinessMissiontoLaos:Vientiane• InternationalBusinessFellowshipExecutiveProgrammeon

Turkey:Istanbul• InternationalBusinessFellowshipExecutiveProgrammeon

Middle East: Doha & Abu Dhabi • GreentechBusinessMissiontoJapan–TokyoandKyushu

October • BusinessMissiontoFrance&Poland• InternationalBusinessFellowshipExecutiveProgrammeon

Myanmar:Yangon• BusinessMission toXiamen,China for theSingaporeDay

SeminarattheChinaInternationalFairforInvestmentandTrade

November• BusinessMission to Hungary, Czech Republic and Slovak

Republic• AgriLiveStockMyanmar’13• InternationalBusinessFellowshipExecutiveProgrammeon

India• SBF-Taipei Business Association in Singapore Business

MissiontoIskandar,Malaysia

OVERSEAS BUSINESS MISSIONS SUPPORTED BY SBF March• BusinessMissiontoMedini,IskandarMalaysia

April • CEOBusinessMissiontoYangon,Myanmar• BusinessMissiontoGuizhou,China

May• BusinessMissiontoShandong,China

July• FamilyBusinessLearningJourneytoEstonia&Helsinki

List of Activites 2013

SINGAPORE BUSINESS FEDERATION Annual Report 201364

SINGAPORE BUSINESS FEDERATION10 Hoe Chiang Road #22-01 Keppel Towers Singapore 089315Tel +65 6827 6828 Fax +65 6827 6807www.sbf.org.sg