Download - AmCham Singapore Annual Report 2010 2011

Transcript
Page 1: AmCham Singapore Annual Report 2010 2011

www.amcham.org.sg

Shaw Center, 1 Scotts Road, #23-03/04/05 Singapore 228208Tel: +65 6235 0077 Fax: +65 6732 5917

The American Chamber of Commerce in Singapore (AmCham Singapore)

ANNUAL REPORT 2010/2011THE AMERICAN CHAMBER OF COMMERCE IN SINGAPORE

Job no: 81286 Title: Annual Report-2011Scn: #175 Size: 420(w)297(h)mm Co: M4 C0Dept: DTP D/O: 12.04.11(Job no: 81286C1 D/O: 12.04.11 Co: CM11)

Cvr 81286C1_AmCham Cover.indd 181286C1_AmCham Cover.indd 1 4/12/11 5:59:54 PM4/12/11 5:59:54 PM

Page 2: AmCham Singapore Annual Report 2010 2011

www.amcham.org.sg

ANNUAL REPORT2010/2011

Inside Cvr

Job no: 81286 Title: Annual Report-2011Scn: #175 Size: 420(w)297(h)mm Co: M4 C0Dept: DTP D/O: 12.04.11(Job no: 81286C1 D/O: 12.04.11 Co: CM11)

81286C1_AmCham Cover.indd 281286C1_AmCham Cover.indd 2 4/12/11 6:00:24 PM4/12/11 6:00:24 PM

Page 3: AmCham Singapore Annual Report 2010 2011

Our Mission is to promote the interests of

AmCham members in Singapore and the

region by providing advocacy, business

information and networking opportunities.

CONTENTS02 Chairman’s Message

04 Board of Governors

06 Membership

10 Events

15 Committees

23 AmCham Executive Offi ce

24 The Year in Pictures

Job no: 81286 Title: AmCham_Annual Report 2010-2011 Client: 13099Scn: #175 Size: 210(w)297(h)mm Co: M11Dept: DTP D/O: 12.04.11(Job no: 81286C1 D/O: 12.04.11 Co: CM11)

p181286C1_AmCham AR_ins.indd 181286C1_AmCham AR_ins.indd 1 4/12/11 6:10:30 PM4/12/11 6:10:30 PM

Page 4: AmCham Singapore Annual Report 2010 2011

2

CHAIRMAN’S MESSAGE

AmCham Singapore recorded numerous achievements over the

past 12 months. We have done so by being focused on our

key mission: providing insights to our members, creating more

opportunities to network, and advocating to the governments in

the region and in the U.S. on their behalf.

These results occurred because of the work and leadership

of the entire Board of Governors, the Committee Chairs, the

Executive Offi ce staff, and all our dedicated members for their

contributions to the Chamber.

Working together, we strengthened our position as the leading

foreign business chamber in Singapore and the largest AmCham

in Southeast Asia in terms of membership and activities.

By the start of 2011, our overall membership increased from

3,700 to 4,400 members and our corporate membership

surpassed 700 members – both all-time highs.

We organized 280 events and committee meetings to match

the growth of our membership, providing more networking

opportunities and platforms for exchanging business insights.

To engage new industries, we created two new committees –

the Legal Committee and the Property Committee.

A total of 3,326 people attended our events last year. Key events

include the Welcome Reception for the U.S. Ambassador to

Singapore, the East Plays West fundraising concert, the Charity

Gala for the Special Olympics, and our annual Corporate

Community Day.

With increased membership and activities, we increased our

team and sought to reach and engage members and the public

in new ways. Last year marked an aggressive foray into social

media. We created an AmCham YouTube channel, and increased

our presence on Facebook, LinkedIn and Twitter. This increased

AmCham’s ability to reach its members, increased the amount

of traffi c on our website, and garnered more and better brand

exposure.

Last year was also a strong year for advocacy. AmCham hosted

events for top U.S. government offi cials such as Timothy

Geithner, U.S. Secretary of the Treasury, and Kurt Tong, U.S.

Senior Offi cial for APEC. At the end of 2010, we organized a

business mission to Vietnam, led by the U.S. Ambassador to

Singapore David Adelman.

Corporate Community Day, our annual community initiative,

was stronger than in previous years. Over 950 volunteers from

34 organizations worked with 5,400 local benefi ciaries in 31

separate volunteer events. The Young Professionals series of

events raised $5,000 for Spastic Children’s Association of

Singapore and the Golf Committee raised $11,000 for Club

Rainbow. To top it off, the Charity Gala Dinner raised $53,153

for the Special Olympics, and AmCham itself donated an

additional $20,000.

And the fi rst quarter of 2011 was possibly the most active and

engaged in AmCham’s history.

We began the year with the U.S.-India Business Forum in

February, attended by more than 150 people. This led the way

for our mid-March trade mission to India led by U.S. Ambassador

to Singapore, David Adelman. The mission included high-profi le

meetings with government offi cials, briefi ngs on doing business

in India, and networking opportunities.

Dear Members:

Steven R. OkunChairman

The American Chamber of Commence in Singapore

Job no: 81286 Title: AmCham_Annual Report 2010-2011 Client: 13099Scn: #175 Size: 210(w)297(h)mm Co: M11Dept: DTP D/O: 12.04.11(Job no: 81286C1 D/O: 12.04.11 Co: CM11)

p2 81286C1_AmCham AR_ins.indd 281286C1_AmCham AR_ins.indd 2 4/13/11 9:55:55 AM4/13/11 9:55:55 AM

Page 5: AmCham Singapore Annual Report 2010 2011

3

CHAIRMAN’S MESSAGE

As a regional chamber, AmCham served a strategic role in

facilitating dialogue on how the U.S. can leverage key markets

by hosting the U.S.-Asia Pacifi c Regional Business Summit - this

year’s annual meeting of The Asia-Pacifi c Council of American

Chambers of Commerce (APCAC). The Summit attracted over

250 delegates and created a platform for U.S. companies to

tackle business and policy issues in Asia. The stellar line-up

of speakers included Minister for Trade and Industry Lim Hng

Kiang, the U.S. Ambassador to Indonesia, Scot Marciel, the

U.S. Ambassador to Thailand, Kristie Kenney and along with

senior U.S. business offi cials from across the region.

AmCham Singapore’s hosting of APCAC is a part of the advocacy

it conducts for its members. This year marks the convergence

of the U.S. Chairmanship of APEC, the focused implementation

of the National Export Initiative to increase U.S. exports to

Asia, and the negotiations of the Trans Pacifi c Partnership, a

trade agreement which one day could serve as the basis for a

free trade area of the Asia Pacifi c.

AmCham’s plans for the rest of the year include making our

hit networking event Young Professionals a monthly event. We

aim to strengthen our Corporate Citizenship efforts further by

raising even more money for the Spastic Children’s Association.

Other events in the pipeline include a cultural event and a

charity gala dinner. In May, as part of the Women’s Network

Series, we will organize a lunch with CNN Hero of 2010, social

activist Anuradha Koirala. Part of the proceeds will go to Maili

Nepal, which protects Nepali women from abuse.

To continue providing great value for our members, we increased

membership rates this year. This increase will provide for

additional staff to better serve our members, and to prepare

for further expansion and investment in AmCham facilities and

equipment.

Following this year’s Annual General Meeting, a new leadership

team will be taking over AmCham Singapore. After three terms,

AmCham Singapore will be electing a new Chairman next week

as I will not seek a fourth term. After more than two years of

Laura Deal’s transformative leadership, AmCham will have a

new Executive Director this year as well.

I have so many people to thank for making the past three years

some of the most enjoyable and rewarding of my professional

career. Most importantly, I thank Laura for her passion for

AmCham, and for the entire Executive Offi ce to always working

to enable the members to get as much out of the Chamber as

they put into it – and that is a lot.

With the commitment of the Board, the hard work and expertise

of the Committee Chairs, and the dedicated and talented staff

of the Executive Offi ce, AmCham Singapore will continue to

grow and lead the U.S. business community in Singapore and

the region in the coming years.

Steven R. OkunChairman

The American Chamber of Commence in Singapore

p381286C1_AmCham AR_ins.indd 381286C1_AmCham AR_ins.indd 3 4/13/11 9:56:32 AM4/13/11 9:56:32 AM

Page 6: AmCham Singapore Annual Report 2010 2011

4

1

10

2

11

3

12

4

13

5

14

6

15

7

16

8

17

9

THE BOARD OF GOVERNORS WORKS AS:

STRATEGISTS, seeking out opportunities to develop AmCham

to its fullest potential

POLICY MAKERS, formulating strategies for AmCham

IMPLEMENTER OF STRATEGIES, deciding priorities and

getting things done through committees

VISIONARIES, sensing new opportunities for AmCham and

developing action plans, and

AMBASSADORS, presenting the public voice of AmCham’s

leadership to members, external organizations and potential

members

Front Row from Left:

Simon Kahn

Cynthia Owens

Laura Deal

Former Executive DirectorJanice Armstrong

Steven R. Okun

Laurence W. Chin

Janet Young

Sam Kim

Andrea K. Muller

Back Row from Left:

David M. Boden

Kevin Thieneman

Christopher A. Muessel

Noel Williams

Craig J. Gledhill

Scott Douglas

Former Board MemberDan Thompson

David (Dave) Peck

1 10

5

14

3 12

7 16

2 11

6

15

4

13

8 17

9

Not present:

Colin Low, Kristin E. Paulson & Robert D. Whitehead

2010/2011 BOARD OF GOVERNORS

p4 Job no: 81286 Title: AmCham_Annual Report 2010-2011 Client: 13099Scn: #175 Size: 210(w)297(h)mm Co: M11Dept: DTP D/O: 12.04.11(Job no: 81286C1 D/O: 12.04.11 Co: CM11)

81286C1_AmCham AR_ins.indd 481286C1_AmCham AR_ins.indd 4 4/12/11 6:10:48 PM4/12/11 6:10:48 PM

Page 7: AmCham Singapore Annual Report 2010 2011

5

GOVERNORS

U.S. EMBASSY LIAISON

EXECUTIVE COMMITTEE

JANICE ARMSTRONGRegional Director for Government Affairs –

Asia-Pacifi cGlaxo Smith Kline

SAMUEL KIMVice President ASEAN and Asia Development Markets,

Procter & Gamble Asia Pte Ltd

DAVID M. BODENDirector - CPG and Retail,

Asia Pacifi c-Japan Hewlett-Packard Asia

Pacifi c Pte Ltd

LAURENCE W. CHINGM, Singapore & Pacifi c

Offl ine Sales United Airlines Inc.

CRAIG J. GLEDHILLVice President, AP J

Cisco Consumer Products Pte Ltd

DAVID FERNANDEZMD and Head, Emerging

Asia Research,JP Morgan Chase Bank, NA.

KEVIN THIENEMANPresident

Caterpillar Asia Pte Ltd

CHRISTOPHER MUESSELPartner

Rajah & Tann LLP

ROBERT D. WHITEHEAD Managing Director,

Accounts & Business Development Ernst & Young

KRISTIN E. PAULSON Director, Energy Policy for

ASEANGE Energy

JANET YOUNGManaging Director and

Regional Head MNCs AsiaBank of America Merrill Lynch

DAVID (DAVE) PECKPresident/CEO and

Founder Arrow Technologies (S)

Pte Ltd

DAN THOMPSONSenior Commercial Offi cer

U.S. Commercial Service, Singapore

CHAIRMANSTEVEN R. OKUN

Director of Public AffairsAsia Pacifi c,

KKR Asia Ltd.

HONORARY SECRETARYANDREA K. MULLERChief Executive, Asia

Principal Global Investors

HONORARY TREASURERNOEL WILLIAMS

Vice President for Business Development, Pacifi c RegionThe Dow Chemical Company

VICE CHAIRMAN COLIN LOW

President & CEO,Singapore Investment

Development Corporation

EXECUTIVE COMMITTEE MEMBER AT-LARGE

SIMON KAHNCountry Manager,American Express International Inc

VICE CHAIRMANCYNTHIA OWENS

Senior Vice President,Organisation Solutions

BOARD OF GOVERNORS

p581286C1_AmCham AR_ins.indd 581286C1_AmCham AR_ins.indd 5 4/12/11 6:10:52 PM4/12/11 6:10:52 PM

Page 8: AmCham Singapore Annual Report 2010 2011

6

MEMBERSHIP

MEMBERSHIP

Membership increased from 3,781 executives from 670 companies in December 2009 to 4,400 executives from 700 companies

in February 2011. In 2010, a record 15 companies joined in August, September and October.

Figure 2– Total Employee Members (2008-2011)

Figure 1 – Total Member Companies (2008-2011)

720

640

680

600

540

700

620

560

660

580

520

JAN APR JUL OCTFEB MAY AUG NOVMAR JUN SEP DEC

2008 2009 2010 2011

5000

3000

1000

4000

2000

0

2008

2009

2010

2011

JAN APR JUL OCTFEB MAY AUG NOVMAR JUN SEP DEC

p6 Job no: 81286 Title: AmCham_Annual Report 2010-2011 Client: 13099Scn: #175 Size: 210(w)297(h)mm Co: M11Dept: DTP D/O: 12.04.11(Job no: 81286C1 D/O: 12.04.11 Co: CM11)

81286C1_AmCham AR_ins.indd 681286C1_AmCham AR_ins.indd 6 4/12/11 6:11:08 PM4/12/11 6:11:08 PM

Page 9: AmCham Singapore Annual Report 2010 2011

7

MEMBERSHIP

Figure 3 – Number of Members

Figure 5 – Total New Members Per Year (2008-2010)

Figure 4 – New Member Companies per month (2008-2011)

2008

2009

2010

2011

20

8

16

4

12

0

18

6

14

2

10

JAN APR JUL OCTFEB MAY AUG NOVMAR JUN SEP DEC

NEW MEMBERS 2008 NEW MEMBERS 2009 NEW MEMBERS 2010

105 156 160

EMPLOYEE MEMBERS

MEMBER COMPANIES

DEC 2006

DEC 2006

DEC 2007

DEC 2007

DEC 2008

DEC 2008

DEC 2009

DEC 2009

FEB 2011

FEB 2011

2,490

618

2,672

646

2,935

635

3,781

670

4,400

702

p781286C1_AmCham AR_ins.indd 781286C1_AmCham AR_ins.indd 7 4/12/11 6:11:11 PM4/12/11 6:11:11 PM

Page 10: AmCham Singapore Annual Report 2010 2011

8

MEMBERSHIP

MEMBERSHIP PROFILE

Figure 6 – Nationality and size of companies

Most of AmCham’s corporate members are large U.S. companies.

In terms of size, 62% of our members are large companies and

30% are small companies.

Figure 7 – Nationality of Executives

38% of AmCham executives are Singaporean and

17% of AmCham executives are American.

CORPORATE (U.S.) LARGE

ASSOCIATE (NON U.S.) LARGE

ASSOCIATE (NON U.S.) SMALL

OTHERS

CORPORATE (U.S.) SMALL

OTHERS

INDIAN

AUSTRALIAN/NEW ZEALAND

SINGAPOREAN

AMERICAN

EUROPEAN

MALAYSIAN

NATIONALITY OF

EXECUTIVES

17%

18%12%

38%7%

4%

4%

46%

10%

18%

12%

14%

NATIONALITY OF COMPANIES

p8 Job no: 81286 Title: AmCham_Annual Report 2010-2011 Client: 13099Scn: #175 Size: 210(w)297(h)mm Co: M11Dept: DTP D/O: 12.04.11(Job no: 81286C1 D/O: 12.04.11 Co: CM11)

81286C1_AmCham AR_ins.indd 881286C1_AmCham AR_ins.indd 8 4/12/11 6:11:16 PM4/12/11 6:11:16 PM

Page 11: AmCham Singapore Annual Report 2010 2011

9

MEMBERSHIP

59%

41%

78%

12%

FORTUNE 500 COMPANIES BASED

IN SINGAPORE

AMCHAM MEMBERSAMONG FORTUNE500 COMPANIES

Figure 8 and 9 – Fortune 500 companies in Singapore

59% of Fortune 500 companies are based in Singapore. Out of the Fortune 500 companies based in Singapore,

78% of them are AmCham members.

p981286C1_AmCham AR_ins.indd 981286C1_AmCham AR_ins.indd 9 4/12/11 6:11:22 PM4/12/11 6:11:22 PM

Page 12: AmCham Singapore Annual Report 2010 2011

10

EVENTS

Here is a list of events from April 2010 to March 2011 grouped by series. Sponsored invitation-only CEO Roundtables are

not included in this list.

AUTHORS SERIES

Breakfast with Mark Okoth Obama: Social Responsibility in •

the East

Breakfast with Robert Greene, author of international •

bestseller The 48 Laws of Power

Collapse of Distinction: Stand Out and Move Up While Your •

Competition Fails

Conversations with Lee Kuan Yew •

Dealing with Corruption and Financial Crime in China •

Emerging As A Global Leader in 2020 •

Hot Commodities •

Lessons from Warren Buffett’s Top Business Leaders •

Losing Control - The Emerging Threats to Western Prosperity•

You Can Sell: Results are Rewarded Efforts Aren’t •

AEROSPACE & DEFENSE

Aerospace Industry Networking Night•

Cocktail with Admiral Patrick M. Walsh Commander, U.S. •

Pacifi c Fleet

Lunch Briefi ng with General Gary North, Commander Pacifi c •

Air Forces

BUSINESS MISSIONS

Business Mission to India•

Business Mission to Vietnam •

CORPORATE CITIZENSHIP

Corporate Community Day 2010•

Doing Good Can Do You Good •

East Plays West Concert •

Gala Dinner for the Special Olympics•

ENERGY

Aviation Emissions & Alternative Fuels•

Outlook for Energy and Sustainable Opportunities •

Outlook for Global LNG Energy Market •

The Evolving Role of Green in Asia and Globally•

FINANCIAL SERVICES

APAC Economic Outlook 2011: Opportunities and Challenges•

Breakfast with The Economist•

Developing Effective Repatriation Strategies from a •

Singapore Income Tax Perspective

IRS Investigations And the Voluntary Disclosure Program •

Harsher Headwinds In 2011?•

How Islamic Finance Can Help Grow Your Organization•

Lunch with the Export-Import Bank of the United States•

Singapore Budget 2010: How Will It Affect Your Business?•

U.S. International Tax Reform: Impact on Businesses in Asia •

p10 Job no: 81286 Title: AmCham_Annual Report 2010-2011 Client: 13099Scn: #175 Size: 210(w)297(h)mm Co: M11Dept: DTP D/O: 12.04.11(Job no: 81286C1 D/O: 12.04.11 Co: CM11)

81286C1_AmCham AR_ins.indd 1081286C1_AmCham AR_ins.indd 10 4/12/11 6:11:28 PM4/12/11 6:11:28 PM

Page 13: AmCham Singapore Annual Report 2010 2011

11

EVENTS

GLOBAL LEADERS SERIES

Breakfast with Carl J Lukach, President, Dupont•

Breakfast with Glenn J. Rufrano, President and CEO, •

Cushman & Wakefi eld

Breakfast with Keith Williams, President, CEO and Trustee, •

Underwriters Laboratories

Breakfast with Kristian P. Moor, President and CEO, Chartis•

Breakfast with Peter Handal, Chairman & CEO, Dale •

Carnegie & Associates

Breakfast with Scott Thompson, President, Paypal•

Breakfast with Steve Vickers, President & CEO, FTI-•

International Risk

Dialogue with Tom Glocer, CEO, Thomson Reuters•

Lunch with Piyush Gupta, CEO, DBS Group•

Lunch with Sheldon G. Adelson, Chairman, Las Vegas •

Sands Corp.

Lunch with Steve Green, Regional General Manager and •

Vice President, Eastman Kodak Company

HEALTHCARE

Healthcare Industry Networking Night•

ICT

ASEAN Telecommunications Industry: Hitting Saturation or •

Poised for the Next Leap?

Cyber Attack Prevention•

Leveraging Cloud Computing to Improve fl exibility and •

Reduce IT costs

State of the Internet•

Who Will Win the Battle for Content?•

PERSONAL INTEREST SERIES

Don’t Shoot the Whistle Blower•

Managing Your Boss in the Upturn•

The Art of Developing and Managing Sales Teams•

Next Generation Nationwide Broadband Network and How •

It Will Affect Your Business

Confl ict - Do You Manage it or Does it Manage you?•

The Art of Business Negotiation•

Achieve Excellence Through Neuro-Lingustic Programming•

The Complexities of Working Effectively in Asia Pacifi c •

I am the Best Candidate! The Truth about Job Seekers in •

ASEAN

Fostering Customer Loyalty to Drive Business Growth•

What’s on the Minds of Middle Managers?•

Leadership That Gets Results•

Low Budget, No Budget: Creative Ways To Market Your •

Business

Looking Like a Leader: A Signature Style Workshop•

The Impossible is Possible•

Protecting Yourself From Sexual Harassment•

The Art of Persuasion•

p1181286C1_AmCham AR_ins.indd 1181286C1_AmCham AR_ins.indd 11 4/12/11 6:11:32 PM4/12/11 6:11:32 PM

Page 14: AmCham Singapore Annual Report 2010 2011

12

EVENTS

REGIONAL OUTLOOK SERIES

Doing Business In Cambodia •

Doing Business In India: A Discussion on Changes Impacting •

Investors

Global Crisis and Asia’s Rise: Shifts in Production Networks•

Handling Fraud Risks in China Business Operations•

Intellectual Property Enforcement In Indonesia - The Current •

Reality

M&A and JVs in South East Asia- What Diligence is Due? – •

sponsored by Control Risks

Malaysian Maverick•

Philippines: Prospects for Change - sponsored by Control •

Risks

Political and Economic Developments in Bangladesh & How •

w it Can Affect Your Business

Sri Lanka – Dawn of a New Era•

Thailand since May 19: Reconciliation or Smoldering Fires?•

The U.S.-China Economic Relationship and Prospects for •

U.S. Action Against the Yuan

Unlocking Vietnam’s Investment Potential and Pitfalls - •

sponsored by Control Risks

GENERAL EVENTS

AmCham 101: How to Optimize Your Membership•

Breakfast with New York Cosmos Soccer Legends: Pelé, •

Cantona and Cobi Jones

Capitalizing on the Success of the Integrated Resorts•

Current Relocation Trends and Implications for Relocation •

Management

Economic and Technological Changes in U.S. Media and •

Impact on International Coverage

How Asia Can Shape the World•

Inter-Chamber Networking Cocktail•

Selling B-to-B Solutions to C-Level Executives•

Super Bowl XLV•

The Pathway to Successful PR and Communications in •

Vietnam

U.S.-Asia Pacifi c Regional Business Summit•

U.S.-India-Singapore Business Forum•

LEGAL

Becoming a Singapore Permanent Resident – What You Need •

To Know

Counterfeits: Measuring it and Fighting it•

Foreign Corrupt Practices Act - An Update•

Intellectual Property Enforcement In Indonesia - The Current •

Reality

p12 Job no: 81286 Title: AmCham_Annual Report 2010-2011 Client: 13099Scn: #175 Size: 210(w)297(h)mm Co: M11Dept: DTP D/O: 12.04.11(Job no: 81286C1 D/O: 12.04.11 Co: CM11)

81286C1_AmCham AR_ins.indd 1281286C1_AmCham AR_ins.indd 12 4/12/11 6:11:38 PM4/12/11 6:11:38 PM

Page 15: AmCham Singapore Annual Report 2010 2011

13

EVENTS

MARKETING & COMMUNICATIONS

Breakfast with SPIN Selling Creator Neil Rackham•

Digital Communication: A Key Driver of Public Engagement•

Edelman Trust Barometer 2011 – Is the Spotlight on Asia •

Too Much of a Good Thing?

From Malaysia to Saudi Arabia: Marketing to Muslim Markets•

Image and Reputation in the Age of Digital Communication•

Low Budget, No Budget: Creative Ways To Market Your •

Business

Managing the Media In A Crisis•

The Brutal Truth About Asian Brands•

MANUFACTURING & SUPPLY CHAIN MANAGEMENT

The Future of Supply Management•

ENTREPRENEUR

Big Ideas for Small Businesses•

Innovative Leadership for Growth•

The World In Your Hands: Connecting Local SMEs with •

International Opportunities

SPECIAL TOURS

Tour of Iskandar, Malaysia•

Tour of International SOS •

WOMEN’S NETWORK SERIES

Finding Your Passion – A Panel Discussion•

How Women Mean Business •

Rethinking the Future - Leadership 2020•

Take Your Daughter (or Son) To Tea •

Women as Transformational Leaders•

Women’s Network Series: Worldwide Network of Women •

Business Owners

SOCIAL EVENTS

Beers & Burgers at the U.S. Embassy•

Bowling Night: The Strike & Spare Challenge•

Movie Screening of Up In The Air – sponsored by American •

Airlines

So You Think You Can Salsa?•

Wine Tasting & Networking Night•

p1381286C1_AmCham AR_ins.indd 1381286C1_AmCham AR_ins.indd 13 4/12/11 6:11:42 PM4/12/11 6:11:42 PM

Page 16: AmCham Singapore Annual Report 2010 2011

14

EVENTS

U.S. CITIZENS SERIES

2009 Political Year in Review and 2010 Election Preview•

2010 Mid-term Elections: Prognostication Prep Session•

2010 Mid-Term Elections – Analysis and the Aftermath•

Estate Planning for U.S. Taxpayers•

Introduction to Singapore tax for U.S. Expatriates•

Keeping Straight with Uncle Sam in 2010•

Panel Discussion on the New U.S. Healthcare Bill•

Planning for College•

The Obama Administration - Domestic Policies and the Mid-•

term Elections

U.S. 2010 Mid-term Elections: What Will Happen and What •

Will the Results Mean?

U.S. Embassy Briefi ng•

U.S. Individual Income Tax 2011 and Beyond•

U.S. Policy on Avoidance of Double Taxation Agreements•

Welcome Back American Community – sponsored by Delta •

Airlines

YOUNG PROFESSIONALS

Networking Night at 360 Degree•

Networking Night at ARTSPACE@Helutrans•

Networking Night at Boulevard Bar•

Networking Night at Durty Nelly’s•

Networking Night at Face to Face•

Networking Night at Graze•

Networking Night at Kinki•

GOVERNMENT AND REGIONAL AFFAIRS

Breakfast Event with Admiral Patrick M. Walsh, Commander •

U.S. Pacifi c Fleet

Lunch with the U.S. Chamber of Commerce•

Lunch with the U.S. Department of Commerce: Trade and •

Investment in Southeast Asia

Profi t from U.S. Government Assistance to Grow Your Asia •

Sales

Roundtable Discussion with Barbara Weisel, Assistant U. S. •

Trade Representative for Southeast Asia and the Pacifi c

Security Trends and the Obama Administration’s Approach to •

Counter Terrorism

The New Stage of China-U.S. Relations: A Business Perspective•

U.S. Embassy Briefi ng•

Update on China - ASEAN Free Trade Agreements •

Welcome Cocktail for the New U.S. Ambassador to •

Singapore, David Adelman

What You Should Know About U.S. Non-Immigrant Business •

Visas

p14 Job no: 81286 Title: AmCham_Annual Report 2010-2011 Client: 13099Scn: #175 Size: 210(w)297(h)mm Co: M11Dept: DTP D/O: 12.04.11(Job no: 81286C1 D/O: 12.04.11 Co: CM11)

81286C1_AmCham AR_ins.indd 1481286C1_AmCham AR_ins.indd 14 4/12/11 6:11:59 PM4/12/11 6:11:59 PM

Page 17: AmCham Singapore Annual Report 2010 2011

15

Committees are a platform for members to meet and network with other members from the industry, discuss current

industry issues, and share business insights. It is one of the ways the chamber actively engages its members. Each

committee is led by its Committee Co-Chairs. It is part of the Chairs responsibility to provide direction by coming up with

committee business plans, suggest and liaise with potential speakers, and moderate committee meetings.

Energy

Co-Chair:

Michael McNeill

McNeill Legal Pte Ltd

Co-Chair:

Byron Wong

Chevron Corporation

Co-Chair:

John Viverito

Gibson, Dunn & Crutcher LLP

The Committee serves as a primary networking tool for the energy

sector of Singapore. Along with regularly scheduled internal briefi ngs

and networking events, the Committee is also active in tracking

legislation, regulations and studies, with regards to policies towards

the industry and its relations to the American business community.

The Committee hosted the event titled “Outlook for Energy and

Sustainable Opportunities” featuring Dr. Chris Chan, Associate

Professor, University of Hong Kong and Jeffery W. Davis, Asia Pacifi c

Manufacturing Director, ExxonMobil Chemical AsiaPacifi c:

Most successfully attended meetings include:

Greg Leveille, ConocoPhillips’ President, Global LNG and Asia •

Pacifi c Commercial presented on the topic “Energy Consumption

in Asia: The Growing Role of Natural Gas”.

Aerospace and Defense

Co-Chair:

Ray Corrigan

Raytheon International

Co-Chair:

Torbjorn Karlsson

Heidrick & Struggles

Co-Chair:

Cass Meyers

Werner Aero Services

The Committee’s purpose is to enhance U.S. aviation and defense

business in Singapore by improving government to industry

relationships, increasing understanding of U.S. and Singapore

aviation and defense priorities and regulations; and increasing the

U.S. defense industry’s ability to compete for Singapore business.

The Committee was one of the most active committees this year with

a total of nine events; eight meetings of which one was held jointly

with the Legal committee and one with the GRAC and two with SCM

Committee, two networking nights and hosted one luncheon event

with General Gary North, Commander Pacifi c Air Forcers who spoke

of the challenges the U.S Air Force is facing today.

Most successfully attended meetings were on the following topics:

“Singapore Airlines: Flying High Despite Competition” with Nick •

Ionides, Vice President of Public Affairs Singapore Airlines

“Managing Export Control in Multiple Jurisdictions with John •

Robinson, Managing Partner, Asia, PricewaterhouseCoopers WMS

Pte Ltd, Fauziah A. Sani, Head of Strategic Goods Control, Singapore

Customs, Dora Syn, Trade Compliance Manager, Symantec Asia

Pacifi c Pte Ltd, and Ashley Yean, Assistant Manager, Customs &

Trade, Bryan Cave International Trade Pte Ltd.

COMMITEES

p1581286C1_AmCham AR_ins.indd 1581286C1_AmCham AR_ins.indd 15 4/12/11 6:12:08 PM4/12/11 6:12:08 PM

Page 18: AmCham Singapore Annual Report 2010 2011

16

Financial Services

Co-Chair:

Tom McCabe

DBS Bank Pte Ltd

Co-Chair:

Gwynne Master

Barclays Bank PLC

The Committee enables exchange of information on local and regional

fi nancial issues through presentations by speakers and informal

networking opportunities. Representatives of major American and

international fi nancial institutions also exchange views on issues for

potential advocacy to local or regional authorities.

The Committee held seven committee meetings and two planning

meetings.

Most successfully attended meetings include:

“EM Asia and the Global Economy in 2010” with Matt Hildebrant, •

economist at JPMorgan Chase Bank

“Global Outlook 2010” with Prakriti Sofat, Regional Economist •

at Barclays Capital

“Asian Commodities Trade Benchmarking: From Price Taker to •

Price Maker” presented by Thomas McMahon, Chief Executive

Offi cer for Singapore Mercantile Exchange

Entrepreneur

Co-Chair:

Robert Haak

Insight InterAsia Pte Ltd

Co-Chair:

Sarath Menon

Orissa Associates

The Committee represents the interests of small and medium-

sized enterprises within AmCham through informative committee

meetings with guest speakers, educational seminars and government

advocacy.

The Entrepreneur committee is one of the most active committees at

the AmCham with two planning meetings, nine committee meetings

and a position paper on “Financial Institution Loan Access for the

SME Sector”.

The Entrepreneur Committee held joint meetings on a rotational basis

with the Legal, IT, Finance and GRAC committees. They also held

an 0nter-chamber meeting with Singapore International Chamber of

Commerce and BritCham.

Most successfully attended meetings include:

“Online Trends - Harvesting Business Opportunities Online” •

with Ghislain Le Chatelier from Google

“Crucial Elements in Determining a Brand’s Success” with •

Shauna Li Roolvink, the founder and CEO of Brandhub

COMMITEES

p16 Job no: 81286 Title: AmCham_Annual Report 2010-2011 Client: 13099Scn: #175 Size: 210(w)297(h)mm Co: M11Dept: DTP D/O: 12.04.11(Job no: 81286C1 D/O: 12.04.11 Co: CM11)

81286C1_AmCham AR_ins.indd 1681286C1_AmCham AR_ins.indd 16 4/12/11 6:12:16 PM4/12/11 6:12:16 PM

Page 19: AmCham Singapore Annual Report 2010 2011

17

Government and Regional Affairs

Co-Chair:

Elizabeth Hernandez

Hewlett-Packard Asia Pacifi c Pte Ltd

Co-Chair:

Andrew McGuire

Caterpillar Asia Pte Ltd

The Committee assists members with identifying and responding to

economic and commercial matters taking place in Singapore, the

region, and in the U.S. Members maintain contact with Singapore

and U.S. Governments on matters of mutual concern and conduct

programs based on member interests, including region-wide and

country-specifi c information programs. It also serves as the focal

point for developing AmCham positions on regional issues.

The Committee held two planning meetings and nine committee

meetings, of which two were held jointly with the Healthcare and

ICT committees.

Most attended meetings include:

“Update and Outlook on Free Trade Agreements in Asia” with •

Ed Sim, partner at Appleton Luff

“Promoting a Common Market for Information: the Role of •

Trade Policy and Cloud Computing with John Galligan, Regional

Director, Internet Policy, Microsoft Asia Pacifi c

“The Quality of Death Index: Healthcare Quality in Singapore” •

with Tony Nash from the Economist’s Intelligence Unit

Healthcare

Co-Chair:

Gilberto de Lima Lopes

John Hopkins Singapore

International Medical Center

Co-Chair:

Tommy Tan

GE Healthcare

Co-Chair:

Jeff Weisel

Abbott Laboratories (S) Pte Ltd

The Committee promotes and represents the healthcare industry

in Singapore and the region by helping to shape healthcare policy,

providing a channel for communication between members and

government, and providing a platform for information sharing among

various sectors, including service provision, pharmaceuticals, and

medical device and equipment manufacturers.

The Committee held one planning meeting, 10 committee meetings

and one networking event. One of the most effective and active

committees at AmCham, the Healthcare committee has two new

co-chairs to support Jeff Weisel, Tommy Tan from GE and Gilberto

Lopes from Johns Hopkins.

Most attended meetings include:

“Healthcare Reforms in the Asia Pacifi c” with Rajiv Biswas•

“Singapore’s National Electronice Health Record—The Journey •

to 2011” presented by Dr. Sarah Muttitt, CIO, MOH Holdings

Pte Ltd

COMMITEES

p1781286C1_AmCham AR_ins.indd 1781286C1_AmCham AR_ins.indd 17 4/12/11 6:12:20 PM4/12/11 6:12:20 PM

Page 20: AmCham Singapore Annual Report 2010 2011

18

Human Capital

Co-Chair:

Varun Bhatia

Kraft Foods Asia Pacifi c Services Ltd

Co-Chair:

Sattar Bawany

DBM Asia Pacifi c

The Committee aims to keep AmCham members abreast of the

current trends on Human Capital especially related to Leadership

& Talent Management across Asia Pacifi c with focus on Singapore

and provides member input to the Singapore government on various

Human Capital issues.

The Committee held nine meetings and one planning meeting.

Most successful topics included:

“Leveraging on Diversity for Greater Results” with Robert Lim, •

Director of Strategic Workface Solutions & Country Manager

for Right Management Malaysia

“Next Generation Leader Program” with Varun Bhatia, Vice •

President Human Resources, Asia Pacifi c, Kraft Foods

“The Disengaged Star: Four Imperatives to Re-engage High-•

Potential Employees” with Tim Silverman, Senior Director,

Executive Advisor, Corporate Leadership Council

Hospitality

Co-Chair:

Dan Durkin

The American Club

Co-Chair:

Tracy Waldorf

International Executive

Education Center

The Hospitality Committee works with local and American companies

in Singapore that conduct or support business in the food & business

and hospitality industries.

The Committee, through alignment with the AmCham Singapore

mission, focuses on delivering: education and information related to

hospitality in the Asia Pacifi c region; business networking and peer

group forums; access to industry leaders, government agencies,

and other related businesses; relationships with other chambers,

committees and organizations for opportunity to network and

increase AmCham’s exposure among the business community; and

to support and initiate advocacy efforts as related to the hospitality

industry in Singapore.

Tracy Waldorf has recently joined Dan Durkin as co-chair of the

committee. In 2011, the committee has already held two meetings

and hosted one event.

COMMITEES

p18 Job no: 81286 Title: AmCham_Annual Report 2010-2011 Client: 13099Scn: #175 Size: 210(w)297(h)mm Co: M11Dept: DTP D/O: 12.04.11(Job no: 81286C1 D/O: 12.04.11 Co: CM11)

81286C1_AmCham AR_ins.indd 1881286C1_AmCham AR_ins.indd 18 4/12/11 6:12:27 PM4/12/11 6:12:27 PM

Page 21: AmCham Singapore Annual Report 2010 2011

19

Information Communications & Technology (ICT)

Co-Chair:

Arnaud Blandin

Intalio

Co-Chair:

Sheena Jacob

ATMD Bird & Bird LLP

Co-Chair:

Yves Nolin

Hewlett-Packard Asia Pacifi c Pte Ltd

The Committee provides a forum for interaction and advocacy

regarding information technology and telecommunications

development. ICT Committee also presents several annual

educational series that focus on keeping the AmCham Membership

current on the latest and still-emerging trends in the industry.

Arnaud Blandin from Intalio joined Yves Nolin and Sheena Jacobs as

co-chair of the committee.

The Committee held nine meetings, hosted two events and had one

planning meeting.

The topics that generated the most interest were:

“Leveraging Cloud Computing to Improve Flexibility and Reduce •

IT Costs” Andy Jassy, Worldwide Senior Vice President for

Amazon Web Services and Amazon Payments

“Promoting a Common Market for Information: the Role of •

Trade Policy and Cloud Computing” with John Galligan, Regional

Director, Internet Policy, Microsoft Asia Pacifi c

“Online Trends - Harvesting Business Opportunities Online” •

with Ghislain Le Chatelier, Head, Google’s Online Sales &

Operations for Southeast Asia

Legal

Co-Chair:

Geoffrey Grice

Freehills

Co-Chair:

Michael Lee

International Centre for Dispute Resolution

(ICDR)

Co-Chair:

Wendell Wong

Drew & Napier LLC

The Legal Committee monitors signifi cant legal developments in

Singapore, Southeast Asia and the U.S. affecting U.S. business

interests in the region and Asian investments in the United States.

The Committee conducts seminars and speaker programs designed

to increase awareness of major legal issues and it also serves as a

focus for the interests of Singaporean and international law fi rms

practicing in Singapore and the region.

Newly re-established in January 2010, the Legal Committee held nine

meetings. One of the topics that generated the most interest was:

“Foreign Corrupt Practices Act” presented by Robert Cullen III, •

ASEAN Practice Leader for Business Risk Services at Ernst &

Young LLP

COMMITEES

p1981286C1_AmCham AR_ins.indd 1981286C1_AmCham AR_ins.indd 19 4/13/11 9:57:01 AM4/13/11 9:57:01 AM

Page 22: AmCham Singapore Annual Report 2010 2011

20

Property

Co-Chair:

Stephen E. Atherton

NAI Global

Co-Chair:

Arsh Chaudhry

Cushman & Wakefi eld

Co-Chair:

Michael de Jong-Douglas

Mapletree Logistics Trust Management

The Property Committee is an active forum for sharing best practices

and allowing networking opportunities for companies in the Property

sector throughout the Asia Pacifi c region. The Committee represents

all sectors of Property through regular Committee meetings that

feature a series of speakers, and development of AmCham position

papers on relevant advocacy issues.

Newly-created in 2010, the committee has hosted fi ve committee

meetings and held two planning meetings.

The Committee held a very successful panel discussion with

Priyaranjan Kumar, Regional Director of C&W Capital Markets

Richard Stockton, Managing Director and Co-Head of Asia Pacifi c

Real Estate Banking and Chua Tiow Chye, Group Chief Investment

Offi cer (Group CIO), Mapletree Investments Pte Ltd presented on the

topic “Investment Trends in Asian Real Estate: Views from Investors,

Bankers and Advisors”.

Marketing & Communications

Co-Chair:

Helene Blanchette

Fuji Xerox Singapore Pte Ltd

Co-Chair:

Corinna Cox

Duke-NUS Graduate Medical School

Singapore

Co-Chair:

Cindy Payne

Asia-Pacifi c Connections Pte Ltd

The Marketing & Communications Committee (MCC) serves as a voice

of marketing and communications interests of American and other

companies in Singapore. The MCC focuses on delivering education

and information related to marketing and communications in the

Asia Pacifi c region, business networking and peer group forums,

relationships with other chambers, committees and organizations,

and advocacy efforts as related to marketing and communications

in Singapore.

The Marketing & Communications Committee is the most active

committee at the AmCham. In 2010 the Committee hosted 13

meetings and held one planning meeting.

The topics that generated the most interest were:

“Brand Building: Critical Steps in Launching a New Business •

or Rebranding an Established Brand” with Shauna Li Roolvink,

Founder and CEO of BrandHub

“Mobile Marketing: how the Mobile Platform can Boost Branding •

and Play an Integral Part in Your Marketing Strategy” with Rohit

Dadwal, Managing Director Asia-Pacifi c, Mobile Marketing

Association

COMMITEES

p20 Job no: 81286 Title: AmCham_Annual Report 2010-2011 Client: 13099Scn: #175 Size: 210(w)297(h)mm Co: M11Dept: DTP D/O: 12.04.11(Job no: 81286C1 D/O: 12.04.11 Co: CM11)

81286C1_AmCham AR_ins.indd 2081286C1_AmCham AR_ins.indd 20 4/12/11 6:12:37 PM4/12/11 6:12:37 PM

Page 23: AmCham Singapore Annual Report 2010 2011

21

In addition to the Committees listed above, we have a group

organizing committees that counsel AmCham’s Executive

Offi ce on specifi c topics and areas of expertise. If you are

interested in joining these groups, please contact the AmCham

staff listed below:

Overseas Security Advisory

Committee (OSAC)Anne Marie Brooks

[email protected]

Asia-Pacifi c Council of American Chambers of

Commence (APCAC) Anne Marie Brooks

[email protected]

Social & Cultural Organizing Committee Nellie Yeoh

[email protected]

Young Professionals Organizing Committee Farah Shahab

[email protected]

Corporate Citizenship CouncilIsabel Gonzalez

[email protected]

Women’s Network Steering Committee Isabel Gonzalez

[email protected]

Supply Chain Management

Co-Chair:

Frank Debets

PricewaterhouseCoopers

The Committee provides members with opportunities to share

information and network, and advocates issues relevant to the

supply chain management sector. It focuses on the industrial and

trade policies in Singapore and the region that have a direct effect

on supply chains, including policy changes related to WTO, APEC,

and ASEAN (AFTA and AICO) trade and investment commitments.

The Committee held eight meetings and one planning meeting.

Most attended meetings were:

Panel discussion on “Managing Export Control in Multiple •

Jurisdictions” held jointly with the Legal and Aerospace/Defense

Committees. The speakers were John Robinson, Managing

Partner, Asia, PricewaterhouseCoopers WMS Pte Ltd, Fauziah

A. Sani, Head of Strategic Goods Control, Singapore Customs,

Dora Syn, Trade Compliance Manager, Symantec Asia Pacifi c

Pte Ltd, and Ashley Yean, Assistant Manager, Customs & Trade,

Bryan Cave International Trade Pte Ltd

Chain Transformation: Optimizing the Tax Footprint of •

your Supply Chain with Matthew Andrew, Partner at

PricewaterhouseCoopers Singapore

COMMITEES

p2181286C1_AmCham AR_ins.indd 2181286C1_AmCham AR_ins.indd 21 4/12/11 6:12:41 PM4/12/11 6:12:41 PM

Page 24: AmCham Singapore Annual Report 2010 2011

22For more information visit www.amcham.org.sg

Membership is open to companies of all nationalities.

It’s easy to understand

why 60% of Fortune

500 companies based

in Singapore are AmCham

members and 53% of our

members have been with

us for 5 years or more.

The AmericAn chAmber of commerce in SingApore by the numberS...

13 CommItteeS

38yeArS oF experIenCe

leAdIng the buSIneSS

CommunIty

4,400memberS

700 CompAnIeS

120 CommIttee

meetIngS A yeAr

160 eventS A yeAr

p22 Job no: 81286 Title: AmCham_Annual Report 2010-2011 Client: 13099Scn: #175 Size: 210(w)297(h)mm Co: M11Dept: DTP D/O: 12.04.11(Job no: 81286C1 D/O: 12.04.11 Co: CM11)

Page 25: AmCham Singapore Annual Report 2010 2011

23

..

PARISSA KHAYAMI

Communications & Committees Executive

[email protected]

AISYAH ARIFFIN

Front Offi ce Executiveaariffi [email protected]

LIYANA OTHMAN

Corporate Communications Manager

[email protected]

STEPHANIE PAO

Events [email protected]

ANNE MARIE BROOKS

Government Relations [email protected]

FARAH SHAHAB

Senior Events [email protected]

APRIL CHAN

Acting Executive [email protected]

DORCAS FOO

Member Services & Business Development Executive [email protected]

NELLIE YEOH

Membership & Sponsorship Manager

[email protected]

KATHY HERDER

Accounts [email protected]

OUR MISSION:

To provide the membership and the organization with services through a strong executive staff•

To provide the membership with an opportunity for participation in an expanded level of chamber •

activities and an increased number of relevant services;

To broaden the chamber's perspective in relation to the expanding regional role of Singapore and •

member organizations of the chamber.

EXECUTIVE OFFICE

ISABEL GONZALEZ

Committees [email protected]

p2381286C1_AmCham AR_ins.indd 2381286C1_AmCham AR_ins.indd 23 4/12/11 6:12:49 PM4/12/11 6:12:49 PM

Page 26: AmCham Singapore Annual Report 2010 2011

THE YEAR IN PICTURES 2010/2011

p24 Job no: 81286 Title: AmCham_Annual Report 2010-2011 Client: 13099Scn: #175 Size: 210(w)297(h)mm Co: M11Dept: DTP D/O: 12.04.11(Job no: 81286C1 D/O: 12.04.11 Co: CM11)

81286C1_AmCham AR_ins.indd 2481286C1_AmCham AR_ins.indd 24 4/12/11 6:13:07 PM4/12/11 6:13:07 PM

Page 27: AmCham Singapore Annual Report 2010 2011

www.amcham.org.sg

ANNUAL REPORT2010/2011

Inside Cvr

Job no: 81286 Title: Annual Report-2011Scn: #175 Size: 420(w)297(h)mm Co: M4 C0Dept: DTP D/O: 12.04.11(Job no: 81286C1 D/O: 12.04.11 Co: CM11)

81286C1_AmCham Cover.indd 281286C1_AmCham Cover.indd 2 4/12/11 6:00:24 PM4/12/11 6:00:24 PM

Page 28: AmCham Singapore Annual Report 2010 2011

www.amcham.org.sg

Shaw Center, 1 Scotts Road, #23-03/04/05 Singapore 228208Tel: +65 6235 0077 Fax: +65 6732 5917

The American Chamber of Commerce in Singapore (AmCham Singapore)

ANNUAL REPORT 2010/2011THE AMERICAN CHAMBER OF COMMERCE IN SINGAPORE

Job no: 81286 Title: Annual Report-2011Scn: #175 Size: 420(w)297(h)mm Co: M4 C0Dept: DTP D/O: 12.04.11(Job no: 81286C1 D/O: 12.04.11 Co: CM11)

Cvr 81286C1_AmCham Cover.indd 181286C1_AmCham Cover.indd 1 4/12/11 5:59:54 PM4/12/11 5:59:54 PM