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ANNUAL REPORT

2010

LEVERAGING ON EMERGING OPPORTUNITIES


CONTENTS Our Beginnings, Our Objectives

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Message from the Chairman

02

Federation Profile

Board of Trustees

SBF Council Members

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SBF Committees

12

SBF Secretariat

14

SBF Vision and Mission

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Review of 2010

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Business Voice

Representation Capacity Building and Industry Development Networking and Business Facilitation List of 2010 Activities

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SINGAPORE BUSINESS FEDERATION ANNUAL REPORT 2010

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 July 2001, all

Singapore-registered companies with a paid-up share capital of $0.5 million and above become 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 officially launched by the then

Prime Minister Goh Chok Tong on 11 April 2002.

OUR OBJECTIVES To enhance the organisation of the business community in Singapore. To represent, advance, promote and protect, in Singapore 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.

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SINGAPORE BUSINESS FEDERATION ANNUAL REPORT 2010

MESSAGE FROM THE CHAIRMAN

2010 TAPPING INTO EMERGING OPPORTUNITIES The Singapore economy rebounded strongly in 2010. With overall annualised growth at 14.7%, Singapore was Asia’s fastest growing economy – a dramatic recovery from the negative growth recorded in 2009.


MESSAGE FROM THE CHAIRMAN

In tandem with the buoyant economic conditions and improved business sentiment, SBF organised and supported some 400 activities and programmes in 2010 to help its members and the wider business community to tap into emerging opportunities. An important national initiative supported by SBF was the Economic Strategies Committee’s (ESC) recommendations for the longer term growth of Singapore. As apex business chamber, SBF: led a series of activities including a high level ministerial dialogue with the business community to discuss the ESC recommendations worked with the Economic Development Board to anchor Singapore as a Global-Asia Hub for international mid-sized companies and Asian enterprises collaborated with the Workforce Development Agency to launch the Innovation Improvement Initiative programme, and Motorola University to introduce the Business Process Improvement workshops to help businesses enhance innovation and raise productivity launched the SBF Mentorship Programme with SPRING Singapore and the SBF – Hay Human Capital Series of seminars aimed at nurturing the next generation of SME leaders In 2010, SBF engaged its members in a myriad of activities including the National Security Dialogue and other key policy briefings, dialogues, surveys, overseas missions, as well as networking and business matching sessions. These activities benefitted some 62,000 participants from SBF member companies and the wider business community. One third of these activities were organised in partnership with government ministries and agencies, as well as trade associations and local and foreign representative business chambers.

During the year, SBF led 22 business missions to markets in Asia, Middle East, Africa and Europe to help members tap into business opportunities. SBF received 60 visiting official and business delegations from across the globe, including Heads of State and Ministers. SBF inaugurated four business groups during the year to facilitate more targeted exchanges between companies here and those in ASEAN, North and South Asia and Africa. On the international front, SBF represented the interests of the Singapore business community at the meetings of the ASEAN and APEC Business Advisory Council as well as the Asian Business Summit. In the area of sustainable development, SBF organised the Singapore Sustainability Awards in 2010 to recognise companies for their innovative eco-friendly practices. As the Business Continuity Management focal point for businesses, SBF launched the BCM online toolkit and resource centre to facilitate awareness and the adoption of SS540 certification. SBF will continue to help its members grow in reach, capability and resilience, and serve as their collective voice to government as well as internationally.

Tony Chew Leong-Chee Chairman Singapore Business Federation

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SINGAPORE BUSINESS FEDERATION ANNUAL REPORT 2010

FEDERATION PROFILE

BOARD OF TRUSTEES As prescribed by the SBF Act 2001, the Board of Trustees is responsible for ensuring that:

the Singapore Business Federation acts in furtherance of its objects as set out in the Act and in its Constitution; the funds and assets of the Federation are properly accounted for and safeguarded; and the persons who are members of the Council are fit and proper to hold such office. The Minister for Trade & Industry has appointed Mr. Sat Pal Khattar, Chairman of Khattar Holdings Group of companies as the Chairman. Mrs. Theresa Foo-Yo Mie Yoen, Chairman, The Esplanade Company Ltd, and Mrs. Fang Ai Lian, Chairman, Great Eastern Holdings – Group are the other two members of the Board.


FEDERATION PROFILE

Sat Pal Khattar (Chairman) Member, Presidential Council of Minority Rights Chairman, Khattar Holdings Group of companies Chairman, IMAA Awards Council Chairman, Guocoland Ltd Director, Guoco Group Ltd, GuocoLeisure Ltd, Haw Par Corporation Ltd, OUB Centre Ltd and Lee Kuan Yew Exchange Fellowship Co-Chairman, Singapore India Partnership Foundation Director, Institute of South Asian Studies Management Board Life Trustee, Singapore Indian Development Association

Theresa Foo-Yo Mie Yoen (Member) Chairman, The Esplanade Co Ltd Chairman, Viva Foundation for Children with Cancer Limited Member of Garden City Fund (National Parks Board) Member, Income Tax Board of Review, Ministry of Finance Member, Board of Trustees of Singapore National Employers Federation Board Director, Ecquaria Limited

Fang Ai Lian (Member) Chairman, Great Eastern Holdings – Group Board Member, Oversea-Chinese Banking Corporation Limited Board Member, Singapore Telecommunications Limited Board Member, Banyan Tree Holdings Limited Board Member, Metro Holdings Limited Board Member, MediaCorp Private Limited Chairman of Charity Council

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SINGAPORE BUSINESS FEDERATION ANNUAL REPORT 2010

FEDERATION PROFILE

SBF COUNCIL MEMBERS (2010-2012) The SBF Council, which manages 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 Malay Chamber of Commerce & Industry and Singapore Indian Chamber of Commerce & Industry have permanent representation in the Council. Up to one quarter of the total number of the Council Members shall be representatives from foreign chambers of commerce and industry. In addition, up to six members could be co-opted by the Council. The rest of the Council Members would be nominees of local chambers or elected representatives of member companies.

Tony Chew Leong-Chee (Chairman) Executive Chairman, Asia Resource Corp Chairman, KFC Vietnam and Macondray & Co Inc Independent Director, Keppel Corporation Chairman of Governing Board, Duke-NUS Graduate Medical School Singapore Governing Board Member, Economic Research Institute for ASEAN & East Asia Member of Economic Strategies Committee Adviser, Singapore Institute of International Affairs Conferred the Public Service Star in 2008

Dato’ Mohd Zain Abdullah (Vice Chairman) Vice Chairman, Middle East Business Group, SBF and Member, Malaysia – Singapore Business Council Immediate Past President, Singapore Malay Chamber of Commerce & Industry Director, Prestige Marine Services Group of companies (in Singapore and Malaysia) Board of Trustee, Rahmatan Lil Alamin Foundation Ltd Conferment of Datoship 2004 – Darjah Dato’ PadukaTuanku Ja’afar (D,.P.T.J) Awards: Berita Harian Achiever of the Year (Jauhari) 2008, Malay Entrepreneur of the Year 1998 by Singapore Malay Chamber of Commerce & Industry


FEDERATION PROFILE

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R.Narayanamohan

Teo Siong Seng

Philip Ng

Kay Kuok Oon Kwong

(Vice Chairman)

(Vice Chairman)

(Honorary Secretary)

(Deputy Honorary Secretary)

Chairman, Singapore Indian Chamber of Commerce and Industry Senior Partner, Natarajan & Swaminathan, Certified Public Accountant Member, National Wages Council Board of Trustees, Institute of South East Asian Studies, Member Executive Committee & Fund Raising Committee Member of the People’s Association Talents Advisory Council 2009/2011 Honorary Treasurer, Tamil Language Council (MCYS) Honorary Treasurer, Singapore Indian Association Honorary Treasurer, The Indus Entrepreneurs Singapore Chapter Council member of Indian Business Leaders Roundtable – SINDA (IBR)

Managing Director, Pacific International Lines (Pte) Ltd President, Chief Executive Officer, Singamas Container Holdings Limited, Hong Kong Nominated Member of Parliament, Singapore President, Singapore Chinese Chamber of Commerce & Industry Chairman, The Standard Steamship Owners’ Protection & Indemnity Assn (Asia) Ltd Chairman, Singapore Maritime Institute Board of Directors and Chairman of the Governing Council Director, Maritime and Port Authority of Singapore Director, Business China Independent Non-Executive Director, China COSCO Holdings Co. Ltd Standing Council Member China Overseas Exchange Association, Beijing Board Member Duke-NUS Graduate Medical School Singapore Governing Board

Chief Executive Officer, Far East Organization Executive Chairman, Orchard Parade Holdings Limited Director, Sino Group (Hong Kong) Chairman, Board of Trustees of the Singapore University of Technology and Design The Singapore – China Foundation Board of Governors Advisory Board for the Centre for Liveable Cities (CLC) Exco Member, ULI (Urban Land Institute) South Asia District Council

President, Singapore Hotels Association Executive Chairman, Shangri-La Hotel Limited, Singapore Managing Director, Shangri-La Hotels (M) Bhd Director, Kuok (Singapore) Limited Director, Allgreen Properties Limited Chairman, National Healthcare Group Pte Ltd Member, NUS Board of Trustees Trustee, Wildlife Reserves Singapore Conservation Fund Member, Northlight School Board of Governors


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SINGAPORE BUSINESS FEDERATION ANNUAL REPORT 2010

Bob Tan

Lawrence Leow

Gautam Banerjee

Chong Siak Ching

(Honorary Treasurer)

(Deputy Honorary Treasurer)

(Council Member)

(Council Member)

Chairman, Jurong Engineering Limited Chairman, Institute of Technical Education Chairman, Singapore LNG Corporation Pte Ltd Chairman, SINGEX Group of companies Director, SMRT Corporation Ltd and Asia Pacific Breweries Limited Vice President of Singapore National Employers Federation Board Member of Ong Teng Cheong Labour Leadership Institute Member of NTUC Club Management Council President, Singapore Golf Association Conferred the Public Service Star in 2010

President, Association of Small and Medium Enterprises Executive Chairman of the Crescendas Group Vice Chairman, SBF ASEAN Business Group Member of Central Provident Fund Board Member of Customs Advisory Committee, Singapore Customs Adviser of People’s Association – Youth Movement (PAYM) Patron of Singapore Taekwondo Federation Patron of Yew Tee Citizens’ Consultative Committee and Constituency Sports Club Former Nominated Member of Parliament

Executive Chairman, PricewaterhouseCoopers LLP, Singapore Board Member, National Heritage Board Board Member, Economic Development Board Member, APEC Business Advisory Council Member, Board of Governors of Singapore International Foundation Member, Corporate Governance Council, Monetary Authority of Singapore Member, Companies Act Reform Steering Committee Director, Singapore Arts School Ltd Former Nominated Member of Parliament

President and CEO, Ascendas Pte Ltd Director of Ascendas Pte Ltd & its subsidiaries Independent Director, Singapore Press Holdings Deputy Chairman, SPRING Singapore Board Member, Jurong Health Services Member of the NUS Board of Trustees Awarded Outstanding CEO of the Year in the Singapore Business Awards 2009 Conferred NUS Distinguished Alumni Service Award in 2009


FEDERATION PROFILE

Micheal Collins

Desmond Hill

Shabbir H Hassanbhai

(Council Member)

(Council Member)

(Council Member)

President, European Chamber of Commerce, Singapore Founder, Collins Kumarasinghe Associates Founder, EU ASEAN Business Council Director, The Prep Zone, Kraken Media Founder, Asia Pacific Ireland Business Forum Former Executive Director, Irish Chamber of Commerce, Singapore

Immediate Past President, Singapore Contractors Association Ltd Deputy General Manager, Penta-Ocean Construction Co Ltd President, Singapore Squash Rackets Association Council Member, Singapore Accreditation Council Council Member, National Crime Prevention Council Council Member, Advisory Council on Community Relations in Defence Member, Water Network Panel, PUB Member, Building & Construction Standard Committee, SPRING Chairman, Technical Committee on Construction Management, SPRING Treasurer, ASEAN Constructors Federation Accredited Adjudicator and Evaluator, Singapore Mediation Centre

Singapore’s Non-Resident High Commissioner to the Federal Republic of Nigeria Director (Finance & Investment), Indo Straits Trading Co (Pte) Ltd & related companies, Singapore, UAE and Oman Director, Gateway Distriparks Ltd and Group of companies, India Member, Oman – Singapore Joint Committee, MFA Member, Asean-India Business Council, MTI Chairman, Africa – Singapore Business Group, Co-Chairman, Singapore – Oman Business Council and Vice Chairman Middle East Business Group and Saudi – Singapore Business Council, SBF Board Member, National Council of Social Services, Singapore Conferred Public Service Medal (PBM) in 2010

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George Huang Chang Yi (Council Member) President, Singapore Manufacturers Federation Honorary Consul-General of Ethiopia Vice Chairman, Steering Committee, Network Indonesia, I.E. Singapore Committee Member, Singapore National Committee for Pacific Economic Co-operation President, Chartered Management Institute (Singapore) Chairman, Business Practices Committee, CASE Council Member, Singapore – Liaoning Economic & Trade Council Chairman, Advisory Committee, Singapore Environment Council Patron, Tampines Central Citizens’ Consultative Committee Board Member, Singapore Corporation of Rehabilitative Enterprises Member, Board of Governors, Temasek Polytechnic


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SINGAPORE BUSINESS FEDERATION ANNUAL REPORT 2010

Jung Young Soo

Edwin T.F. Khew

Seiji Kino

Steven Royce Okun

(Council Member)

(Council Member)

(Council Member)

(Council Member)

Chairman, The Korean Chamber of Commerce in Singapore Global Business Advising Director, CJ Group Board Director, Singapore International Chamber of Commerce Executive Advisor, World Federation of Overseas Korean Traders Association Civil Legislative Consultant, Ministry of Government Legislation, Korea Auditor, Singapore Life Lines Advisor, Investment of JeJu Special Self-Governing Province Council Member, The Corean Dongpo News

Former Nominated Member of Parliament Director, IUT Singapore Pte Ltd Chairman, Sustainable Energy Association of S’pore, S’pore Standards Council (Spring) Member, Climate Change Network (NCCS), Enterprise Development Advisory Committee (Spring), Supervisory Board of Solar Energy Research Institute of Singapore (NUS) Co-Chair, ADB’s E4ALL Partnership Steering Committee and Chairman of its Enterprise Development Working Group VP, Exco & Council Member of The Institution of Engineers S’pore and Chairman of Environment Group

Vice President, Japanese Chamber of Commerce & Industry, Singapore 2011-2012 President, Japanese Chamber of Commerce & Industry, Singapore 2010-2011 Managing Director, Tokio Marine Insurance Singapore Ltd Senior General Manager, Tokio Marine & Nichido Fire Insurance Co., Ltd (Japan) Advisor, Chado Urasenke Tankokai Singapore Association

Board Member and Past Chairman (2008-2011), The American Chamber of Commerce in Singapore Chairman, The Asia-Pacific Council of American Chambers of Commerce (APCAC) Director of Public Affairs, KKR Asia Pacific Advisor to Bedrock Hotels Pte Ltd Serves on the Industry Advisory Panel of the SP Jain Center of Management Former Vice President – Public Affairs, United Parcel Service in Asia Pacific Served in the Administration of President Bill Clinton at the Department of Transportation as Deputy General Counsel and Aviation Advisor to the Secretary Former Co-Chair of the 21st Century Leaders program of the Boao Forum for Asia Awarded Honored Beta Gamma Sigma Inductee by the City University of New York, Baruch College


FEDERATION PROFILE

Tang Kin Fei

Wee Ee Cheong

Robert Yap

Alvin Yeo

(Council Member)

(Council Member)

(Council Member)

(Council Member)

Group President & CEO, Sembcorp Industries Ltd Deputy Chairman, International Enterprise Singapore Director, Sembcorp Marine Ltd President, Singapore Water Association Member, APEC Business Advisory Council and Chairman – Sustainable Growth Working Group Co-chair, Saudi – Singapore Business Council Member, Abu Dhabi – Singapore Business Forum Chairman, SBF China Business Group Council member, Singapore Chinese Chamber of Commerce & Industry, and Chairman, External Relations Committee Member, Ngee Ann Polytechnic Council Director and Trustee, Kwong Wai Shiu Hospital

Deputy Chairman & CEO, United Overseas Bank Ltd Director of several UOB subsidiaries and affiliates, including Far Eastern Bank, United Overseas Insurance & United International Securities Chairman of the Association of Banks in Singapore Director of the Institute of Banking & Finance and Chairman of the Financial Industry Competency Standards (FICS) Steering Committee Honorary council member of the Singapore Chinese Chamber of Commerce & Industry Member of the Board of Governors of the Singapore – China Foundation Member of Visa International Senior Client Council, India – Singapore CEO Forum, and the Advisory Board of the INSEAD East Asia Council

Chairman & CEO of YCH Group Pte Ltd ASEAN Business Advisory Council, Singapore Chairman ASEAN SME Advisory Board Member Chairman, SBF ASEAN Business Group Founding Chairman of Supply Chain Asia Board Member of International Enterprise Singapore & Maritime and Port Authority of Singapore Board of Advisors of School of Information Systems in SMU, Member of Singapore Customs Advisory Committee & Honorary Advisor of Singapore Computer Society

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Senior Counsel Senior Partner, WongPartnership LLP Member of Parliament Chairman, Government Parliamentary Committee for Home Affairs and Law Member, Appeals Advisory Panel of the Monetary Authority of Singapore Director, United Industrial Corporation Ltd Director, Singapore Land Ltd Director, Tuas Power Ltd Director, Keppel Corporation Ltd Director, Thomson Medical Centre Ltd


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SINGAPORE BUSINESS FEDERATION ANNUAL REPORT 2010

SBF COMMITTEES Executive Committee

Audit Committee

International Relations Committee

(formerly known as Finance and Audit Committee)

The committee acts for the Council in policy, procedural, programme and administrative issues and decisions. It sets the overall goals, short and long term objectives, policies, programmes and activities of SBF for the Council’s approval.

The primary function of the Audit Committee is to assist the Council in fulfilling its oversight pertaining to the Federation’s systems of internal controls including financial, operational, compliance and risk management which Management and the Council have established.

Chairman:

Mr. Tony Chew

Its terms of reference include:

Members:

Mr. Teo Siong Seng Mr. Lawrence Leow Mr. Tang Kin Fei Dr. Robert Yap

to review the accounting policies of the Federation to ensure that they are in compliance with accounting standards and in accordance with the law to review, with the internal and external auditors, the adequacy of the Federation’s internal controls, with the purpose of safeguarding the Federation’s assets to review the financial statements of the Federation and to submit them to the Council and the Board of Trustees to nominate and review the appointment or re-appointment of the external auditors Chairman:

Mr. Bob Tan

Members:

Mr. Lawrence Leow Mr. Gautam Banerjee Mr. Micheal Collins

The committee oversees SBF’s efforts in developing and promoting trade and investment activities for Singapore companies. It also fosters the development and promotion of bilateral and multilateral interaction between SBF and international business chambers/organisations to build goodwill and create a positive image for SBF. The committee leads SBF’s international relations marketing activities e.g. promotional visits to overseas countries and in receiving visiting delegations. Chairman:

Mr. Tang Kin Fei

Co-Chairman: Mr. Koh Boon Hwee Members:

Mr. Cheng Wai Keung Mr. Chua Thian Poh Mr. Michael Cheok Mr. Mark Hong Mr. V. K. Rajan Mr. Tan Seng Chye Mr. Jung Young Soo Mr. Seiji Kino Mr. Steven Royce Okun Mr. Shabbir Hassanbhai Mr. M. Rajaram Mr. Philip Forrest Mr. Freddy Lam


SBF COMMITTEES

Member Relations Committee

Finance and Investment Committee

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Appointments and Remuneration Committee

(formerly known as Commercial Ventures Committee)

The Member Relations Committee oversees SBF’s work in building close relationships with our member companies. The committee approves all voluntary membership applications, procedural programmes, and administrative issues pertaining to membership matters. The committee is also tasked to develop close working relations with all the major chambers and business associations that are SBF’s constituent members so as to enhance the organisation of the business community in Singapore. Chairman:

Mr. Edwin Khew

Members:

Dato’ Mohd Zain Abdullah Mr. George Huang

The Committee reviews policies relating to investments and other financial matters and recommends to the Council for approval. It reviews, advises and makes recommendations on commercial ventures relating to the core business of SBF that would be suitable for the Federation to invest or participate in. Chairman:

Ms. Chong Siak Ching

Members:

Mr. R Narayanamohan Mr. Desmond Hill Mr. Wee Ee Cheong Dr. Robert Yap Mr. Alvin Yeo

The Committee assists the SBF Council and Management with a more structured process on HR compensation matters and appointment of key personnel including: to periodically review the adequacy of staffing for various units in the Federation to determine the overall Remuneration Policy of the Federation to periodically review the remuneration packages and terms & conditions provided by the Federation, to ensure that it is in line with the Remuneration Policy and keeps pace with changes in the employment market to approve the appointment, confirmation, promotion and termination of the Chief Executive Officer, Chief Operating Officer and Deputy Executive Directors to determine the annual increment and bonuses to be paid to the Chief Executive Officer, Chief Operating Officer and Deputy Executive Directors Chairman:

Mr. Tony Chew

Members:

Mr. Bob Tan Mdm. Kay Kuok


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SINGAPORE BUSINESS FEDERATION ANNUAL REPORT 2010

SBF SECRETARIAT CEO

Global Business Division

Teng Theng Dar

ASEAN, CHINA, NORTH & SOUTH ASIA

C0O

Edith Cheong

Victor Tay

Jeffery Liew

Chief Executive Officer

Chief Operating Officer

Assistant Executive Director Director

Alan Tan Director

Member Relations & Services Division

Juliana Seah

Cheryl Kong

Delia Wu

Assistant Executive Director

Senior Executive

Roland Teo

Candy Chio

Director

Executive

Mabel Tang

Iris Wang

Deputy Director

Executive

Siow Ching Ching

Teo Weina

Manager

Serene Tan

Assistant Manager

Ho May Er

Senior Executive

Assistant Executive

AMERICAS, MIDDLE EAST & AFRICA, EUROPE & OCEANIA Martin Yuoon

Assistant Executive Director

Cody Lee Director

Renee Koh

Deputy Director

George Chan

Senior Executive

Cindy Chua Executive

Alvyn Lim Executive

Sarah Wong Executive

Andrew Woo Executive

Claire Lim

Assistant Executive

Executive

Kelly Lim Executive

INTERNATIONAL BUSINESS ADVISORY

Jeslyn Heng

Juliana Giam

Assistant Executive

Deputy Director


SBF SECRETARIAT

(AS AT 31 DECEMBER 2010) Capacity Building Division

Corporate Services Division

Neo Kian Siong

Evelyn Heng

Assistant Executive Director

MARKETING David Setiawan

Marketing Executive

Linda Christina

Marketing Executive

Senior Vice President

BUSINESS CONTINUITY & FINANCIAL MANAGEMENT

FINANCE

ADMINISTRATION

Touw June Wah

Shirley Lim

Finance Manager

Tan Poh Khim

Dominic Sim

Hilda Ng

June Teu

Ramlah Binte Mohamed

Razima Yahya

Zainal Abidin Bin Wahid

CORPORATE SECRETARIAT

HUMAN RESOURCE

Lai Li Peng

Assistant Manager

Deputy Director

Eady Ng

Executive

MENTORSHIP Irene Chen Manager

Esmond Ng Executive

Josephine Ong

Accountant

Finance Executive Accounts Assistant

Executive

Industry Development Division

Senior Executive

Director

Joanne Wong

Senior Executive

INFORMATION TECHNOLOGY Quek Keng Oei Senior Manager

Corporate Communications

Genette Koh

Senior Executive

Executive

Driver cum Office Assistant

Tan Hwee Ting Huang Simin

Assistant Executive

Patrick Chan

Director

Administrative Executive

Executive

Freda Yuin

Gerald De Cotta

Administrative Executive

Joshline Rajkumar

Analyst Programmer

Oh Khiam Beng Support Engineer

Samsuri Bin Mohamed Jalil Support Engineer

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SINGAPORE BUSINESS FEDERATION ANNUAL REPORT 2010

SBF VISION AND MISSION

VISION

Act 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.

SE RV I

CA PA

Facilitate business-government relations to enhance pro-enterprise business environment

Partner businesses to enhance competitiveness through capacity building

ROUP NG G ILDI BU

MISSION

P OU R SG E C

Y CIT

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

STRATEGIC FOCUS

MEMBER REL ATIO NS &

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Support businesses to access international business opportunities

GLO BAL BU UP SINESS GRO

STRUCTURE TO SUPPORT MISSION


REVIEW OF 2010 TAPPING INTO NEW FRONTIERS


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SINGAPORE BUSINESS FEDERATION ANNUAL REPORT 2010

REVIEW OF 2010

408 ACTIVITIES BENEFITTING 62,000 PARTICIPANTS As of 31 December 2010, the Federation has 17,000 members. This is 2,054 more than on 31 December 2009. Economic Strategies Committee & Budget 2010 Ministerial Dialogue

National Security Dialogue, 27 July

SBF organised and supported 408 activities and programmes in 2010 benefitting more than 62,000 participants from SBF member companies and the wider business community. Aside from key policy briefings, seminars, dialogues, surveys and overseas missions, incoming visits by high level official and business delegations provided numerous networking opportunities for members. One third of these activities were organised in partnership with local and foreign representative business chambers, trade associations and government agencies. The wide coverage of interests provided members with updates on policy issues, business leads, as well as market outlook and sentiments. Through SBF’s facilitation efforts, member companies were able to access $1.5 billion worth of business opportunities in 2010.

Indonesia Business Forum, 31 March


REVIEW OF 2010

BUSINESS VOICE REPRESENTATION High level dialogue with government and international organisations SBF organised a ministerial dialogue in July between its members and representatives of the Economic Strategies Committee to provide businesses with insights on government’s focus and priority for the long term sustainable growth of Singapore. Other key policy briefings included the National Security Dialogue and updates on the Foreign Workers Levy, Workplace Safety & Health Act and the Re-employment Law.

Economic Strategies Committee Ministerial Dialogue

On the international front, SBF represented the interests of the Singapore business community at the meetings of the ASEAN and APEC Business Advisory Council as well as at the Asian Business Summit hosted by Nippon Keidanren.

Seminar on Budget 2010

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SINGAPORE BUSINESS FEDERATION ANNUAL REPORT 2010

CAPACITY BUILDING & SUSTAINABLE DEVELOPMENT Enabling enterprises to build competitiveness and resilience As part of its alignment to the ESC recommendations, SBF partnered the WDA to launch the i3 Productivity Programme to help businesses increase efficiency through Business Process Improvement methodology. The Federation also inaugurated the SBF Mentorship Programme and the SBF – Hay Human Capital Series aimed at grooming the next generation of SME leaders. As the Business Continuity Management (BCM) focal point for businesses, SBF launched the BCM online toolkit & resource centre, and initiated various activities to facilitate adoption of SS540 certification. In Sustainable Development, SBF stepped up its engagement of government agencies, industry verticals, partners and companies to encourage the adoption of green practices, as well as facilitate the take up of business solutions and opportunities in this sector. It launched the Singapore Sustainability Awards in 2010 to recognise companies for their innovative eco-friendly practices.

BUSINESS FACILITATION SBF’s business facilitation efforts enabled companies to tap into $1.5 billion worth of deals SBF led 22 business missions to markets in ASEAN, North, South & Central Asia, Middle East and Africa to facilitate networking and help members tap into business opportunities. It also received some 60 visiting official and business delegations from these markets including Europe and Latin America. The Global Entrepolis@Singapore 2010 Summit saw close to 800 local and overseas participants come together to address key issues facing organisations. Other key conferences supported by SBF include the Russia – Singapore Business Forum and the Latin Asia Business Forum.


REVIEW OF 2010

BUSINESS VOICE REPRESENTATION VOICE OUTREACH (LOCAL) National Policy Briefings SBF organised 12 national policy briefings on government assistance schemes, wages, manpower, security and workplace safety issues benefitting some 10,200 participants. Members gained a better understanding of these latest developments, and their feedback was forwarded to the relevant government agencies.

Aside from the annual National Security Dialogue chaired by Prof S Jayakumar, Senior Minister and Coordinating Minister for National Security, SBF organised 12 policy briefings including Budget 2010, National Wages Council Guidelines 2010/2011, Extension of the Workplace Safety & Health Act, Re-employment Law, and Foreign Workers Levy.

Seminars/Conferences/ Workshops

SBF initiated an important forum in July between its members and representatives of the Economic Strategies Committee to provide businesses with insights on government’s focus and priority for the long term sustainable growth of Singapore. The panel comprised four Ministers, namely Mr. Tharman Shanmugaratnam, Mr. Lim Swee Say, Mr. Gan Kim Yong and Mrs. Lim Hwee Hua. Mr. Tony Chew and Mr. Gautam Banerjee represented SBF.

In addition to policy briefings, 80 seminars, conferences and workshops were organised in 2010 covering trading, tax, human resource, and management issues, benefitting 3,150 participants.

Surveys SBF initiated an important quarterly survey — the SBF – DP SME Index — in 2010 to provide its members and the wider business community with a heads up on business sentiments. The findings of this survey as well as the 2010/2011 SBF National Business Survey on members needs were shared with relevant government ministries and agencies.

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SINGAPORE BUSINESS FEDERATION ANNUAL REPORT 2010

VOICE OUTREACH (REGIONAL/INTERNATIONAL) Championing and safeguarding our business interest in APEC Business Advisory Council (ABAC)

Asian Business Summit, Tokyo

SBF Chairman Mr. Tony Chew led a Singapore delegation to Tokyo to attend the first Asian Business Summit hosted by Nippon Keidanren. As the Singapore Secretariat of APEC Business Advisory Council, SBF CEO Mr. Teng Theng Dar represented Singapore at the various meetings APEC Business Advisory Council Meeting, of APEC BAC, including the dialogue Tokyo with APEC Leaders in Japan. SBF also supported the ASEAN Economic Integration 2015 initiative as well as those of the International Chamber of Commerce and the Economic Research Institute for ASEAN and East Asia.

As apex business chamber, SBF served as the national secretariat to APEC Business Advisory Council (ABAC) for Singapore, and played an important role in providing the linkage between the business community and our government on issues discussed at ABAC. SBF CEO Mr. Teng Theng Dar was ABAC Co-Chair in 2010, with Mr. Tang Kin Fei, Group President and CEO of Sembcorp Industries and Chairman of the ABAC Sustainable Development Working Group as the other Singapore representative.


REVIEW OF 2010

ASEAN Economic Community

Against the backdrop of a recovering global economy, ABAC sought to provide feedback on ways to address the economic crisis and to focus on achieving APEC’s long term vision of free and open trade and investment in the region. ABAC supported the pursuit of a Free Trade Area of the Asia Pacific (FTAAP) as the most practical means to achieve regional economic integration in the region. ABAC also urges APEC to continue to focus on accelerating the growth of Small, Medium and Micro Enterprises, and enhancing regional food and energy security, as part of a comprehensive growth strategy that is balanced, inclusive, sustainable, innovative and secure. 

ASEAN Business Awards 2010

The ASEAN Business Advisory Council presented its survey findings on ASEAN’s competitiveness to ASEAN Leaders at the ASEAN Summit in Hanoi in October. The study, suggested by SBF in its capacity as the national secretariat to ASEAN Business Advisory Council for Singapore, and conducted in each of the 10 member states, was aimed at improving SME competitiveness in ASEAN and nurturing a climate of growth opportunities.

ASEAN Connectivity & Logistics Roadmap Seminar

Separately, SBF organised a dialogue on ASEAN competitiveness vis-a-vis China and India, as well as an ASEAN Economic Community 2015 seminar in the context of ASEAN Connectivity, logistics, trade and customs facilitation issues. It also co-hosted an ASEAN Day Business Discussion with updates on the political and security; economic; socio-cultural dimensions of the grouping. Some 80 members of the business community benefitted from these three events.

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SINGAPORE BUSINESS FEDERATION ANNUAL REPORT 2010

CAPACITY BUILDING AND INDUSTRY DEVELOPMENT CAPACITY BUILDING INITIATIVES During the year under review, the SBF Capacity Building Group organised several initiatives to assist businesses to enhance their resilience and competitiveness.

Human Capital Development Two new initiatives — the SBF Mentorship Programme and SBF – Hay Group Human Capital Series — were launched to help companies develop top-notch human capital through best practice frameworks. Both programmes are part of SBF’s strategic efforts to help Singapore companies build stronger leadership skills and adopt business best practices in human resource development and overall business management. These initiatives are aimed at helping companies face up to globalisation and ride the next wave of growth in the most productive manner.

The SBF – Hay Group Human Capital Series, a joint initiative between SBF and knowledge partner, Hay Group, aims to help companies build sound people strategies and harness the full potential of their human capital resources. It delivers robust frameworks and practical insights through workshops involving the leaders of growth oriented companies. Designed to be practical, insightful and relevant, the workshops will cover topics on how to organise for growth, building globally competitive teams and rewarding high-performance growth.

SBF Productivity Programme The SBF Mentorship Programme, which is supported by SPRING Singapore, matches eminent and experienced business mentors with aspiring business leaders to help growth-oriented companies shorten their learning curve to achieving success. The programme offers companies a robust platform to receive strategic guidance on business management, human capital related matters and all other best business practices from a pool of experienced and influential business leaders in Singapore. Through this programme, mentees will have access to a conducive environment for innovative cross learning, enabling them to identify business gaps, develop stronger management skills, acquire new ideas, business opportunities and market contacts. They will be mentored by prominent business leaders who form the SBF Mentor Club.

The Innovation Improvement Initiative (i3) is a joint initiative between SBF and Singapore Workforce Development Agency (WDA) to help companies enhance innovation and productivity in a sustainable way. It is a springboard of thematic solutions that will make innovative productivity accessible with the help of reputable training institutions, industry practitioners, diagnostics consultancy, mentorship and showcasing of productivity initiatives.


REVIEW OF 2010

INDUSTRY DEVELOPMENT INITIATIVES

Under the i3 programme, companies go through the Business Process Improvement (BPI) Advisory & Workshop conducted by Motorola University to review and redesign an existing process or design a new process to improve productivity and quality.

National Business Continuity Management (BCM) Programme As the appointed National BCM focal point for businesses, and the Programme’s key driver, SBF has been working closely with SPRING Singapore as well as industry partners to cascade BCM awareness to the business community leading to BCM readiness and certification. This initiative aims to encourage early adoption of BCM by SMEs and to help businesses build resilience and capability for an effective response to disruptions. Since its launch, SBF has organised some 90 BCM events benefitting more than 7,000 enterprises over the course of the programme. SBF has, through its BCM outreach activities, been encouraging companies to tap into the $30 million government funding to attain SS540 certification.

To make BCM more accessible to companies, SBF launched the National Business Continuity Management (BCM) online Resource Library, inclusive of a BCM self-assessment tool in October. The initiative enhances companies’ knowledge on how to evaluate their vulnerabilities and safeguard against potential risks which may hamper their business operations. Enterprises can utilise this assessment to gauge their scores for the Singapore Standard 540 (SS540) certification and whether there is a strong resilience framework within the organisation. In addition, the online assessment is able to diagnose the enterprise’s current risk gaps and suggest areas for improvement.

The increasing focus on clean energy and sustainable development has spawned interest in solar, fuel cell, biofuels, energy efficiency, and green urban ecocity solutions. Formed in 2009, the SBF Sustainable Development Business Group (SDBG) is an interest group for member companies interested in adoption and/or commercialisation of clean, efficient and green solutions spanning clean energy and sustainable development. SDBG connects members to various industry verticals and technology partners, links them to business leads in the clean energy and sustainable development sector and facilitates access to available help schemes, incentives, and sources for funding for their clean energy and sustainable development plans. SDBG works with various organisations to facilitate members’ adoption or commercialisation of clean and green solutions in areas such as Energy Efficiency, Green Building and Facilities Management, Environmental Management, Waste Recycling, Green IT & Data Centre, Sustainable Water Solutions, Sustainable Manufacturing and Sustainable Business Practices.

Carbon Disclosure Forum, 16 March

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SINGAPORE BUSINESS FEDERATION ANNUAL REPORT 2010

Singapore Sustainability Awards 2010

Key activities in 2010 include the inaugural Singapore Sustainability Awards, the development of Singapore Green IT Adoption Index, the initiation of Singapore Sustainability Alliance, and collaboration with technology partners to enable our members to tap into emerging opportunities. The winners of SBF’s inaugural Singapore Sustainability Awards (SSA) 2010 were acknowledged at a gala dinner cum awards presentation in May. The awards, which comprise the Outstanding Sustainability Awards (OSA) and Green IT (GIT) Awards, recognise enterprises in both the private and public sectors with top sustainable business practices. The Outstanding Sustainability Awards which was co-presented by the SBF and Local Global Exhibition & Trade Pte Ltd, with KPMG as the knowledge partner, saw City Developments Limited and Senoko Power as the winners in the Enterprise Green Adopter category, with Samwoh Corporation Pte Ltd and TetraPak as the winners in the Enterprise Green Technology/Service Enabler category. The Green IT Awards, organised jointly by SBF, IBM and the Institute of Technical Education, with Frost & Sullivan as the knowledge partner, saw Land Transport Authority (LTA) and Inland Revenue Authority of Singapore (IRAS) as winners of the Enterprise Green IT Award, while Trusted Hub was the winner for the SME category.

Mr. Andrew Tan, CEO of National Environment Agency announcing the launch of the SSA Awards at GES

SBF launched the 2011 Singapore Sustainability Awards (SSA) at the Global Entrepolis @Singapore Summit (GES) 2010, and hosted the inaugural Sustainable Development CEO Roundtable featuring a prominent academic, corporate head and activist as speakers.

Winners of the Outstanding Sustainability Awards

Winners of the Green IT Awards


REVIEW OF 2010

Dr. Amy Khor and British High Commissioner Paul Madden at the Carbon Footprint & Disclosure Forum, 16 March

In March, SBF together with ASrIA (the Association for Sustainable & Responsible Investment in Asia) and Singapore Compact for CSR organised the Carbon Footprint and Disclosure Forum which focused on the business case for responding to climate change. The event brought together some 120 industry leaders and experts to share useful insights on carbon strategies to mitigate climate change related risks as well as tap into opportunities in the sector. The SBF partnered the Singaporean German Chamber of Industry and Commerce in a Singapore – Germany Business Seminar on Environmental Investment Opportunities & Technology Collaboration in June attended by some 100 participants representing the clean technology, water and environment, and solar energy sectors.

German Ambassador to Singapore, H.E. Jorg Ranau speaking at the Singapore – Germany Business Seminar

Signing of MOU SBF CEO Mr. Teng Theng Dar and Mr. Chia Mia Chiang, Principal of Ngee Ann Polytechnic

The highlight of the event was the signing of MOUs between SBF and Singapore Water Association, Ngee Ann Polytechnic and Environmental Management Association of Singapore. In other developments, SBF has been invited by the Economic Development Board to lead Singapore’s participation in the International Cleantech Network, comprising industry vertical partners from Sustainable Energy Association of Singapore, Waste Management & Recycling Association of Singapore and Singapore Water Association. Separately, SBF also serves as the secretariat for the Singapore Sustainability Alliance that brings together various industry vertical, government agency and NGO partners together with companies looking at both the commercialisation of sustainability solutions and adoption of sustainable business practices, locally and overseas.

Business mission to Canada, March 2010

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SINGAPORE BUSINESS FEDERATION ANNUAL REPORT 2010

Business mission to Israel, June 2010

In the year under review, SBF’s Sustainable Development Business Group led the following business missions to help members network and tap into green opportunities: Business Mission to GLOBE 2010 Conference & Exhibition in Vancouver, Canada, 22 – 26 March. Participating delegates garnered close to 200 business contacts, with some $64 million worth of sales under consideration.

Business mission to China, September 2010

In addition to the above five business missions, SBF’s Sustainable Development Business Group also helmed 21 networking events and published the Singapore Sustainability Directory. Its collaboration with Temasek Polytechnic in the Clean Energy Test-bedding Community facilitated more than 10 projects connecting some 50 companies with various fuel cell and cleantech opportunities both locally and overseas.

Singapore CleanTech Business Mission to Israel, 27 June – 1 July. Participants made close to 120 business contacts, and are following up on some $125 million worth of sales leads. Joint Business Mission by SBF & BCA targeting Green & Sustainable Urban Solutions in Cities of China, 24 September – 3 October. Delegates acquired 500 business contacts, with more than $11 million worth of sales under negotiation. Business Mission to Germany 24 – 30 October. Participating delegates garnered close to 20 business contacts with $1 million worth of sales under negotiation. Business Mission to APEC Green Showcase & Green Device 2010 in Japan, 8 – 14 November. Delegates made 315 business contacts as a result of the mission, and SBF is looking to facilitate joint collaboration between Singapore and Japanese companies in the energy, environment and sustainability sector.

Business mission to Japan, November 2010


REVIEW OF 2010

NETWORKING AND BUSINESS FACILITATION SBF led 22 overseas business missions to countries in Asia, the Middle East, Africa, as well as Canada, Germany and Israel. It received 60 incoming official and business delegations from 42 countries across the globe. The networking and business matching activities benefitted some 6,500 participants and enabled members to access $1.5 billion worth of business opportunities in 2010. High level networking events included: breakfast dialogue between South Korean President Lee Myung-bak and Singapore business leaders

Breakfast dialogue between South Korean President Lee

business seminar cum networking session in conjunction with the state visit of H.E. Emomali Rahmon, President of Tajikistan briefing by Bapak Gita Wirjawan Chairman of the Investment Coordinating Board of the Republic of Indonesia (BKPM) on Indonesia’s new investment climate and business opportunities

Bapak Gita Wirjawan Chairman of the Investment Coordinating Board of the Republic of Indonesia

State visit of H.E. Emomali Rahmon, President of Tajikistan Myung-bak and Singapore business leaders

briefing by Dato’ Sri Mustapa Mohamed, Minister of International Trade & Industry, and Dato’ Sri Idris Jala, Minister, Prime Minister’s Office, on Malaysia’s Economic Transformation Programme the inaugural Africa – Singapore Business Forum featuring 17 of Africa’s 53 countries, with representation by eight African ministers from Angola, Cameroon, Republic of Congo, Gabon, Mauritius, Nigeria, Togo 2010 also witnessed the launch by SBF of four business groups with focus on ASEAN, North Asia, South Asia and Africa.

Dato’ Sri Mustapa Mohamed and Doto’ Sri Idris Jala of Malaysia

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ASEAN There was strong focus on the ASEAN market in 2010.

Indonesia

Bapak Gita Wirjawan, Chairman of BKPM fielding questions during the panel discussion

SBF together with the Indonesia Investment Coordinating Board (BKPM) organised an important forum on New Investment Climate and Business Opportunities in Indonesia. The event was held in conjunction with the visit of its newly appointed Chairman, Bapak Gita Wirjawan, who led a high level trade and investment delegation to Singapore in March to discuss emerging opportunities in the new growth provinces of the Riau Islands, Gorontalo and the cities of Bandung and Balikpapan in East Kalimantan. This was followed by a SBF – BKPM Ministerial Dialogue Session in November where Singapore business leaders with key interests in Indonesia met with Bapak Gita to discuss issues related to doing business and investing in Indonesia. The session was fruitful in facilitating frank feedback from the Singapore participants, and provided a Dialogue between Bapak Gita better understanding of Indonesia’s Wirjawan and Singapore business latest policies. leaders in November

Malaysia The 5th joint meeting of Malaysia – Singapore Business Council (MSBC) was hosted and co-chaired by the newly appointed Malaysian Co-Chairman of MSBC, Dato’ Lim Say Chong. The Singapore Co-Chairman of MSBC, Mr. Cheng Wai Keung led the Singapore Council delegation comprising 13 company representatives, including SBF Chairman Mr. Tony Chew. The meeting discussed the Malaysia Singapore Third Country Business Development Fund (MSBF), development of Iskandar Malaysia, the Green Lane initiative and joint collaboration on Tourism promotion.

5th Malaysia – Singapore Business Council meeting, December 2010

5th Malaysia – Singapore Business Council meeting, December 2010


REVIEW OF 2010

SBF led three business missions to Iskandar Malaysia between June and September benefitting 326 representatives of Singapore companies. The missions enabled participants to obtain updates on the latest developments and business opportunities in Iskandar Malaysia from Malaysian Investment Delevopment Authority (MIDA), Johor State Investment Center (JSIC), Iskandar Investment Berhad (IIB), Johor Corporation, UEM Land and MMC Group. Mission participants also visited available land areas and newly-built factories in Iskandar Malaysia.

SBF, in partnership with MITI, MIDA, MATRADE and IE Singapore organised the annual Seminar on Business Opportunities in Malaysia in August. The event was held in conjunction with the Trade & Investment Mission to Singapore led by H.E. Dato’ Sri Mustapa, Minister, International Trade & Industry. The seminar and business matching session was attended by 340 representatives from Singapore companies. In December, SBF facilitated a forum on Malaysia’s Economic Transformation Program (ETP) helmed by two Malaysian ministers – Dato’ Sri Mustapa Mohamed, Minister of International Trade & Industry, and Dato’ Sri Idris Jala, Minister, Prime Minister’s Office. The event, attended by 350 Singapore ­­and 50 Malaysian participants was organised by SBF with the support of other trade associations and chambers in Singapore – SMA, ASME, SICCI, SCCCI, SMCCI, Amcham, Eurocham, JCCI, KCCI, Dutchcham, AusCham and Britcham.

Vietnam SBF, in collaboration with International Enterprise Singapore, co-organised the 6th and 7th intake of the International Business Fellowship: Executive Programme on Vietnam (iBF-EPV) with 52 participants from 45 companies. Held in May and September, the programme was designed to provide a comprehensive overview of Vietnam’s business regimes, prevalent commercial practices and success strategies in engaging Vietnam’s business opportunities. The programme received a satisfaction rating of over 90% from participants.

Seminar on Business Opportunities in Malaysia, August 2010

Panel discussion on Malaysia’s Economic Transformation Programme, December 2010

SBF and Mapletree Group jointly organised a seminar for 80 participants to apprise Singapore companies about Binh Duong province, one of the key growth areas in Vietnam. Binh Duong is ranked favourably in terms of business climate and competitiveness among Vietnam provinces, and attracts significant foreign direct investment, after Hanoi and Ho Chi Minh City.

International Business Fellowship: Executive Programme on Vietnam

Vietnam Seminar – Engaging Binh Duong Province

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Lao PDR & Cambodia SBF, the Container Depot Association (Singapore), and International Enterprise Singapore jointly organised a business mission to Vientiane, Lao PDR. The mission, comprising 21 participants from 18 companies, was keen on identifying trading opportunities and new business and investment in logistics, and agriculture. The delegates were upbeat on their assessment of the market, with some 127 business matches generated. SBF, USAID and an USAID-funded project – Cambodia MSME Project, organised a seminar on investment opportunities in Cambodia in December. H.E. Mr. Sun Chanthol, Senior Minister and Vice Chairman of the Council for the Development of Cambodia (CDC), and a delegation of senior government officials and private sector representatives from the provinces of Kampong Cham and Svay Rieng provinces discuss investment opportunities in Cambodia with more than 70 Singapore participants.

Business mission to Vientiane, Lao PDR, March 2010

H.E. Mr. Sun Chanthol (3rd from left) talking to participants

NORTH ASIA China SBF jointly led a Business Mission with the Singapore Manufacturers Federation to Zhejiang (Hangzhou, Ningbo, and Zhoushan) and Shanghai in August. Led by Dr. Robert Yap, SBF Council member and Chairman of SBF ASEAN Business Group, and Mr. Poh Choon Ann, Vice Chairman of SBF China Business Group and Vice President of SMa, the delegation of 73 business representatives showed interest in developing trade relations with Zhejiang enterprises.

Participants of the business mission to Zhejiang province, August 2010

Parliamentary Secretary Mr. Sam Tan touring the Singapore Pavilion at CAEXPO


REVIEW OF 2010

The 7th China – ASEAN Business Investment Summit was held in conjunction with the 7th CAEXPO. Parliamentary Secretary (MTI & MICA) Mr. Sam Tan attended the opening ceremony. Vice President Xi Jinping made an official visit to Singapore in conjunction with the celebration of the 20th anniversary of Singapore’s diplomatic ties with China. A gala lunch was organised for the local business community to welcome Mr. Xi.

Opening of 7th China – ASEAN Business Investment Summit

SBF was appointed by the Ministry of Trade and Industry as the lead agency to organise Singapore’s participation at the 7th China – ASEAN Exposition (CAEXPO) in Nanning, 20 – 24 October. Mr. Lee Yi Shyan, Minister of State (MTI and MOM) and Mr. Sam Tan, Parliamentary Secretary (MTI and MICA) attended the 7th CAEXPO. The Singapore National Pavilion featured urbanisation and environmental solutions which are new business opportunities in China and ASEAN countries brought about by rapid urbanisation. In addition to 16 companies exhibiting in CAEXPO, a Singapore Brand Gallery featured some 20 prominent Singapore brands. The Singapore Pavilions won the “Best Brand Display Award” and the “Best Exhibitors Organiser Award”. In conjunction with the 7th CAEXPO 2010, SBF, SMa, ASME and SingCham organised a 31-member business mission to Guangxi led by Mr. Simon Li, Vice President of SMa, with participation from companies across various industry clusters. Through the participation in CAEXPO, more Singapore companies have become aware of the business potential of Guangxi.

Frank Debets, Partner, PriceWaterhouseCoopers WMS Pte Ltd speaking at the Singapore – China FTA seminar, 17 March

As part of its on-going FTA outreach programme, SBF teamed up with IE Singapore and Singapore Customs to conduct a seminar on China – Singapore Free Trade Agreement and ASEAN – China FTA. The seminar, which covered trade in goods and services and investment opportunities, as well as the practical issues of doing business with their Chinese counterparts, was attended by 134 participants.

SBF, Singbridge International Singapore Pte Ltd and SCCCI co-organised a seminar on the Singapore – Guangzhou Knowledge City to brief Singapore companies on the developments of the Knowledge City project. The Knowledge City is positioned as a model and catalyst for Guangdong Province’s industrial upgrading and its efforts to spur ecologically sustainable growth. Mr. Lui Tuck Yew, Acting Minister for Information, Communications and the Arts of Singapore, and Mr. Wan Qingliang, Vice Governor of Guangdong Province and Mayor of Guangzhou Municipality, addressed some 250 participants.

His Excellency Xi Jinping (4th from left) at the Gala Lunch held in honour, 15 November

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Korea

Japan

SBF Chairman Mr. Tony Chew hosted a breakfast dialogue for H.E. Lee Myung-bak, President of the Republic of Korea to meet with leading Singapore businessmen on 5 June. The high level business dialogue, aimed at enhancing economic co-operation between the two countries, contributed to the progress of Singapore – Korea economic co-operation.

SBF Chairman Mr. Tony Chew led a delegation to participate in the inaugural Asia Business Summit in Tokyo, Japan, 14 – 15 March. He spoke on the “Path to the Growth of the Global Economy – Expanding Trade and Investment through Regional Economic Integration”, whilst SBF Council Member Dr. Robert Yap and SBF CEO, Mr. Teng Theng Dar participated in two other summit sessions. The Summit provided a good opportunity for the leading business chambers in Asia to discuss common issues and challenges. It also fostered close collaboration between the Asian business community.

H.E. Lee Myung-bak at the Breakfast Dialogue with Singapore business leaders, 5 June

SBF, the Korea International Trade Association (KITA), Singapore Infocomm Technology Federation (SiTF) and International Enterprise Singapore organised a business matching session for 14 Korean IT companies to showcase their products to representatives of 86 Singapore companies. The networking session generated 116 business consultations, with an expected USD2.7 million worth of deals. KITA and SiTF inked an MOU to promote further growth and development of the ICT industries of Singapore and Korea.

2010 Business Meeting – Korean ICT Services and Software 7 September

SBF led a 19-member business delegation to the 2010 Korea Products Sourcing Event in Seoul, 23 – 25 November. Mr. V K Rajan, SBF Vice Chairman for International Relations Committee led the Singapore delegation. The Singapore delegation had the opportunity to network with close to 2,000 Korea business representatives and over 100 overseas delegates.

Between June and October, SBF facilitated five business matching sessions, bringing together 306 Singapore and 64 Korean companies to network and explore business tieups. The incoming Korean delegations resulted in 379 consultations and business deals under negotiation worth over USD6 million.

Asian Business Summit, Tokyo, 14 – 15 March

Taiwan SBF hosted the 10th Joint Conference between SBF and the Chinese International Economic Cooperation Association (CIECA) in Singapore on 8 November. The event was co-chaired by Mr. Peter Seah, Chairman of DBS Bank, Singapore and Mr. Douglas Tong Hsu, Chairman and CEO of Far Eastern Group, Taiwan.


REVIEW OF 2010

The Conference which was attended by 58 Singapore and 37 Taiwan representatives, provided a platform for businessmen in Singapore and Taiwan to network and learn more about business opportunities in both markets as well as to explore joint collaborations in third countries.

Co-Chairman Mr. Peter Seah delivering his Opening Remarks at the SBF – CIECA Conference on 7 November

Singapore and Taiwan speakers at the SBF – CIECA Conference

Democratic People’s Republic of Korea (DPRK) SBF led a business mission to Pyongyang, DPRK, from 15 – 20 May, headed by Mr. Poh Choon Ann, Vice Chairman of the SBF China Business Group. The mission, which coincided with the 13th Pyongyang Spring International Trade Fair, offered overseas businesses and investors numerous prospects for trade and investment in economic zones in the DPRK. A business matching session arranged by DPRK Chamber of Commerce enabled our delegates to meet with 66 DPRK companies. The meetings and site visits provided participants with useful insights on the opportunities and the challenges of doing business in the North Korean market. Several companies expressed interest to expand their business to DPRK.

SOUTH ASIA SBF’s South Asia Business Group facilitated a total of 473 business matches for Singapore companies through a series of seminars and business missions covering India, Bangladesh, Sri Lanka and Bhutan. These business exchanges bore fruit for four companies. 2010 saw the establishment of the South Asia Business Group (SABG) with Mr. Karan Singh Thakral, Executive Director of Thakral Group of Companies as its first Chairman. He is assisted by five Vice Chairmen – Mr. Ravi Manchanda of Standard Chartered Bank, Mr. Soumen Mitra of Tata Capital, Mr. Vivek Chhabra of Asia Pacific Breweries, Mr. Vikas Gore of DP Architects and Mr. V K Rajan of Chesterton Suntec International. SABG is currently finalising the integration of IE Singapore’s Network India into SABG. SBF stepped up its market development efforts on Sri Lanka via a business forum in May, followed by a business mission to Colombo in July. The iAdvisory Seminar Series on Business Opportunities in Sri Lanka was attended by 192 Singapore participants and 15 Sri Lankan contacts. Separately, the mission enabled delegates to cultivate 80 Sri Lankan contacts and 94 business matches. It also provided several mission participants an opportunity to finalise their business plans for Sri Lanka, with one company inking a joint-venture deal with a local partner to establish a logistics facility in Colombo.

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As part of its initiative to develop frontier markets, SBF organised the first-ever Bhutan Investment Seminar. The visiting Bhutan official and business delegation comprised senior officials of the Ministry of Industry, Bhutan Chamber of Commerce & Industry, and Tourism Council of Bhutan. It was led by Dasho Sonam Tshering, Secretary, Ministry of External Affairs and Mr. Sonam P. Wangdi, Director, Department of Trade. The seminar provided participants with useful insights on the economic conditions and potential business opportunities in Bhutan. Based on the high interest level of participants, SBF will be planning a business mission to Bhutan in September or October 2011.

MIDDLE EAST & AFRICA There was strong focus on Africa in 2010, with the inauguration of the Africa – Singapore Business Forum (ASBF) and the launch of the SBF Africa Business Group (AfBG).

Inaugural Africa – Singapore Business Forum

Business mission to Sri Lanka, 11 – 16 July

Bhutan Investment Seminar, 5 October

Driven by the growing interest in Africa’s unexplored potential, the Forum, jointly organised by SBF and International Enterprise (IE) Singapore, provided SBF members and the Singapore business community with business and networking opportunities in Africa.

SBF continued its strong engagement of the Indian market via the following business facilitation activities: Seminar on the ASEAN – India Free Trade Agreement on 28 January which drew in 78 participants. Invest in India Seminar: Update on the Delhi – Mumbai Industrial Corridor on 9 February which attracted 123 participants. Seminar on Opportunities in the SEZ Sector in India on 23 March attended by 202 participant. India – Singapore Trade & Investment Business Forum on 7 June, organised together with Federation of Indian Chambers of Commerce and Industry which attracted 250 participants. SBF’s South Asia Business Group also organised the following events on Bangladesh in response to interest expressed by the Singapore business community: Roadshow on the Power & Energy Sector in Bangladesh, 25 January which drew 126 Singapore participants. Seminar on the Investment Climate and Business Opportunities in Bangladesh on 23 February which drew 92 Singapore participants.

Mr. Lee Yi Shyan, Minister of State, Ministry of Trade and Industry


REVIEW OF 2010

The event which was graced by Mr. Lee Yi Shyan, Minister of State, Ministry of Trade and Industry, and eight African ministers from Angola, Cameroon, Republic of Congo, Gabon, Mauritius, Nigeria and Togo, also featured prominent Pan-African leaders such as Dr. Mo Ibrahim, Chairman of Mo Ibrahim Foundation. The Forum was attended by some 400 participants, approximately one-third of whom hailed from 17 African countries.

Dr. Mo Ibrahim, Chairman, Mo Ibrahim Foundation

Ms. Obiagelli Ezekwesili, Vice President Africa Region, The World Bank

Launch of Africa Business Group The highlight of the Forum was the launch of the Africa Business Group (AfBG), an initiative of the SBF to strengthen and consolidate Singapore’s business interests and economic presence in the emerging Sub-Saharan Africa region. The AfBG is headed by Mr. Shabbir Hassanbhai, SBF Council Member and Singapore’s High Commissioner to the Federal Republic of Nigeria. Through the ASBF and the AfBG, companies now have an effective business platform for assistance when venturing into Africa. AfBG will organise programmes to assist its members to establish contacts, build market knowledge, and enhance advocacy efforts. AfBG will work with government agencies to build a stronger profile for Singaporean companies in Africa, and help facilitate more partnerships between Singaporean and African businesses.

Panel discussion: Doing Business in Africa – Mitigating risks and navigating the business environment

Launch of SBF Africa Business Group

Panel discussion: Singapore – Your link to Africa – Asia

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Business Missions to Africa Following the launch of the Africa Business Group in July, SBF led two high profile outbound missions covering six African countries (Angola, South Africa, Botswana, Kenya, Rwanda & Uganda); with Senior Minister of State for Foreign Affairs Zainul Abidin Rasheed participating in the mission to East Africa. The objectives of the missions were to discover and explore business opportunities in Africa, understand the overall business environment and emerging sectors, meet key government officials, chamber officials and businessmen and strengthen chamber to chamber co-operation. The missions attracted 39 participants representing industries such as oil and gas, ICT and telecommunications, maritime and shipping, construction and building materials, financial and professional services, food and consumer products, agricultural products and services.

Business mission to Southern Africa, 13 – 22 September

SBF’s facilitation efforts enabled participants to gain a broad understanding of the different business environments and economic landscapes in the markets visited. Vast opportunities were identified for Singapore companies, including construction, oil and gas (Angola), professional services, transportation and logistics (South Africa) and ICT, healthcare and education (Botswana).The two missions generated 684 useful contacts, 370 business matchings for our companies and achieved projected sales of more than $21 million.

Business mission to East Africa, 4 – 15 December

Business matching session in progress

Business Forum with Uganda Investment Authority


REVIEW OF 2010

Cementing business ties with Middle Eastern Countries As the lead business chamber driving our companies’ internationalisation effort into the Middle East, SBF acts as the national secretariat to the Saudi – Singapore Business Council (SSBC) and the Oman – Singapore Business Council (OSBC). Both councils were established under the auspices of the respective governments, as a business-to-business platform to foster closer economic linkages between the business communities of both countries.

Saudi Arabia The 3rd meeting of the SSBC took place in Riyadh on 17 January. Singapore’s delegation was led by Mr. Tang Kin Fei, SBF Council member and Singapore Co-Chairman of the SSBC. The meeting sought solutions to business challenges faced by companies from both countries in each other’s market; it also identified specific sectors of opportunity to develop partnerships. A business mission to Riyadh and Jeddah was also organised in conjunction with the 3rd SSBC meeting, attended by 35 representatives from 24 companies. A key recommendation of the SSBC Meeting was the focus on high potential sectors and the creation of taskforces to match capabilities and requirements to tap the following sectors in Saudi Arabia – energy and water, info-communication technology, transportation and logistics, services (tourism, healthcare, education) and business processes. The business mission also generated 268 useful contacts for the delegation and achieved projected sales of more than $67 million.

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SINGAPORE BUSINESS FEDERATION ANNUAL REPORT 2010

Oman The inaugural Oman – Singapore Business Council (OSBC) meeting was held in Singapore on 14 June. Co-Chaired by Mr. Shabbir Hassanbhai, Vice Chairman of the SBF Middle East Business Group and Mr. Saud Ahmed Al-Nahari, CEO, Port Services Corporation SAOG from Oman, the meeting set out the guiding principles and goals to be achieved by the Council. The Singapore – Oman Business Forum, which was organised in conjunction with the meeting, offered Singaporean and Omani companies opportunities to explore projects that can be jointly pursued in the Sultanate or in other countries in the Gulf region.  Participants from 122 Singapore companies networked with the 22-member business delegation from the Sultanate of Oman, led by the Oman Chamber of Commerce and Industry (OCCI). The 1st OSBC meeting identified and formed 5 priority industry clusters (Environment & Energy, Information & Communications Technology, Infrastructure & Urban Solutions, Transportation & Logistics and Education) as a focused approach to develop these sectors in Oman and to further grow Singapore companies’ trade and investment interests in the country. The Forum generated 108 matching business interests for both sets of participants.


REVIEW OF 2010

CENTRAL ASIA, AMERICAS & EUROPE Promoting Central Asia as a new business destination As part of its efforts to introduce new sources of business to members, SBF organised several networking activities to highlight the business potential of Central Asia.

Tajikistan

Uzbekistan

The inaugural Tajikistan – Singapore Business Forum was organised in conjunction with the state visit of H.E. Emomali Rahmon, President of Tajikistan. He was accompanied by a 32-member strong business delegation comprising key appointment holders of state owned enterprises and elite businessmen. These delegates, primarily from banking & financial services, ICT, infrastructure and agriculture networked with 113 Singapore participants.

SBF together with International Enterprise (IE) Singapore, led a business mission to the Republic of Uzbekistan from 22 – 28 April. The 17-member delegation comprised companies from the oil and gas, engineering, automotives and aftermarket, commodity trading, pharmaceutical, transport and logistics, industrial equipment and spare parts, and green energy technology and solutions industries.

Through the various presentations at the forum, our companies were informed on some key projects in Tajikistan, including energy and transport infrastructure projects amounting to over US$1 billion. Singapore businesses were encouraged to capitalise on the two free economic zones – “Panji Poyon” and “Sugd” and to H.E. Emomali Rahmon, invest in priority sectors like President of Tajikistan construction, hydropower, agriculture, tourism and hospitality. An SBF member company signed an MOU with Tajikistan’s State Committee on Investments and State Property Management to deepen the bilateral investment relationship.

Delegates benefitted from the Singapore – Uzbekistan Business Forum and Business Matching session attended by more than 80 state-owned companies, business associations and private companies from diverse industries. A 3-party MOU was signed by a member company to conduct a preliminary feasibility study on the establishment of turnkey “dry ports” logistic hub project in Uzbekistan. Business sales attributable to the mission are expected to be $1.19 million. Singapore delegates had an average of four face-to-face business meetings with their Uzbek counterparts during the mission and made 130 contacts.

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Latin America

Germany

In partnership with the respective embassies, government agencies and private companies, SBF organised a 5-part market profile series focused on key markets in Latin America, including Brazil, Peru, Paraguay and Venezuela. The series also highlighted the vast potential of business prospects across Latin America. Singapore businesses were informed that Latin America, which was not affected by the global financial crisis, offers numerous trade and investment opportunities in areas such as infrastructure, energy, oil and gas, R&D, biotechnology, hospitality and transportation.

SBF led a business mission to Germany, in conjunction with the Germany – Singapore Business Forum (GSBF) 2010, with focus on Precision Engineering, Medical Technology and Environmental Technology. The forum was attended by 28 German companies and 36 Singapore companies with an over-arching focus on forging successful Singapore-German SME partnerships for business growth. The Singapore delegates of elite businessmen from the Precision Engineering and Environmental Technology field attended Global Connect 2010 in Stuttgart, as well as other business meetings and briefings during visits to various business chambers and manufacturing facilities.

The exchanges enabled some 200 Singapore businessmen to network with more than 30 visiting delegates from overseas government agencies, including 20 key regional companies and trade organisations. In particular, the Rio de Janeiro Investment Opportunities Road Show highlighted special projects in Rio in the run-up to the upcoming 2014 World Cup and 2016 Olympic Games.

Business mission to Germany, 24 – 30 October

Aside from the economic briefings, the delegates also attended sectoral-based plenary sessions and panel discussions on innovation and internalisation challenges and opportunities. In addition to GSBF, the delegation had the opportunity to witness the Global Connect 2010 opening ceremony and visited the Global Connect Fair during their stay in Stuttgart. Participants were generally very satisfied with the mission, with total expected value of sales amounting to $850,000 based on the feedback collected from participants.

Company Visit to Andreas Stihl AG & Co. KG


LIST OF 2010 ACTIVITIES SUMMING UP GROWTH


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SINGAPORE BUSINESS FEDERATION ANNUAL REPORT 2010

Seminars, Workshops, Dialogue Sessions organised by SBF JANUARY Workshop on Incoterms 2000 Seminar on Total Rewards – Aligning rewards to organisational goals Post-Copenhagen Conference on Climate Change and Land Use Focus Group Discussion for Review of the Companies Act Russia – Singapore Business Conference Briefing & Networking Session with visiting Kenyan Delegation Singapore Meet-The-Experts Seminar: Jumpstart your SS540 Compliance Pandemic Flu Business Continuity Plan Seminar on Business Opportunities in Czech Republic & Networking Session 2010 Islamic Banking & Finance Seminar EBIS Seminar – Secrets and Strategies of Successful Regional Expansion Hands-on Workshop on Preparation of Financial Statements using FS Manager Seminar on ASEAN – India Free Trade Agreement (AIFTA) – Achieving Breakthrough With Your Business Workshop on Financial Reporting Standard 21 – The Effects of Changes in Foreign Exchange Rates

FEBRUARY Briefing on Proposed PMEs Dispute Resolution Process Seminar on Negotiating, Drafting & Managing Commercial Contracts Seminar on Investment Climate and Business Opportunities in Bangladesh Workshop on GST – What you need to know about GST to avoid common pitfalls and manage audit queries The Canada – Singapore Seminar on Business of Energy and Environment Doing Business in Thailand Seminar

MARCH Seminar on Budget 2010 Seminar on Enhancing Crisis Preparedness at Workplaces Workshop on Employment Law Clean Energy & Sustainable Development Industry Business Networking Series – Highlights on Clean and Green Opportunities in China Seminar on Egypt Day in conjunction with visit by Egyptian Minister of Investment Flu Pandemic Seminar: Food & Beverage Industry Introduction to SS540:2008 (Business Continuity Management) CAPEXIL – Buyer Seller Meet Carbon Footprint & Disclosure Seminar Seminar on China – Singapore Free Trade Agreement & ASEAN – China Free Trade Agreement Briefing on Foreign Workers Levy

Seminar on Director’s Duties & Liabilities Flu Pandemic Awareness Course Botswana – Seminar & Business Matching Workshop on Understanding the UCP 600 & ISBP 2007 The Principles of BCM & The SS540:2008 BCM Training Course India SEZ Show Investment Opportunities @ Hangzhou – Qianjiang Economic Development Area and Hangzhou – Singapore Eco-Park Seminar on Improving ProductivityBridging Sales & Credit Management through Business Process Management EEPC – Buyer Seller Meet Seminar on Building Resilience in your Organisation Indonesia New Investment Climate & Business Opportunities Forum 2010 Tajikistan – Singapore Business Forum & Networking Session 2010

APRIL Luncheon Talk on Directors’ Responsibilities for BCM Briefing on GST E-Filing Workshop on China Employment Contract Law Developments and Business Opportunities in Sino-Singapore Tianjin Eco-city Flu Pandemic Awareness Course Workshop on Accounting for Business Combinations under FRS 103


LIST OF 2010 ACTIVITIES

Workshop on Advance Letters of Credit – Case Studies – 30 Trap in Letters of Credit Operations SBF Orientation Programme for New Members Seminar on Understanding International Trade Finance in a Nutshell Paraguay & Brazil – An Exceptional Entrepreneurial Opportunity in South America Asia’s Next Emerging Gem? A closer look into the investment potential of Vietnam and Cambodia Turkey Seminar & Networking Lunch

MAY Presentation of SBF Outstanding Sustainability Awards Presentation of SBF Green IT Awards Thailand update – what next for business ventures Workshop on Incoterms 2000 Workshop on Compensation and Benefits – Building and Sustaining Competitive Business Advantage Overview of the Workplace Safety and Health Act Workshop on GST Workplace Safety and Health for the Service, Hospitality and Retail Sectors Indonesia Now: Business Opportunities and Success Strategies – Featuring Singapore Case Study Jilin Agricultural Corporation Food Zone Signing Ceremony & Project Presentation

Workshop on Integrity at Work Briefing on National Wages Council (NWC) Guidelines for 2010/2011 Workshop on Letters of Credit – An in-depth understanding for Importers & Exporters Seminar on New Direct Tax Code and Recent FDI Guidelines in India Insights into an Investor’s Mindset Furniture Learning Institute Workshop Series For Furniture Companies

JUNE SBF – Lamdong Province MOU Signing Ceremony Effective Strategies to BCM SS540 & BS 25999 Certification The Business Continuity Management (BCM) Global Standards Breakfast Dialogue with South Korea President H.E. Lee Myung-bak KITA – SBF Business Matching Seminar on driving innovation and productivity through people practices Shaping up for the Economic Upturn – Work-life Tools for Personal and Corporate Success Oman business forum GREEN 2010 Series Incorporating Singapore – Germany Business Seminar on Energy, Environment & Water MOU Signing with Environmental Management Association of Singapore, Ngee Ann Polytechnic Centre of Innovation for Environment & Water Technologies and Singapore Water Association during GREEN 2010

CEO Workshop – BizSafe Level 1 Workshop on Letters of Credit – An in-depth understanding for Importers & Exporters 7th CAEXPO Trade & Business Promotion Conference Malaysia: Growth Within Reach? – Get First Mover Advantages on New Business Opportunities Laos Business Forum 3P Public Private Partnership Closing the Gap between Emergency Management and Corporate First Responder The European Debt Crisis: Economic Impact on Asian Businesses CEO Breakfast Talk – Seizing the White Space

JULY Workshop on Employment Act Briefing on the Government Schemes Economic Strategies Committee Ministerial Dialogue Seminar on Corporate Governance & Directors’ Duties and Liabilities Seminar on Practical Ways to Improve Productivity and Competitiveness Briefing on Extension of Workplace Safety & Health Act BCM Seminar – Aerospace Industry Seminar on Singapore Guangzhou Knowledge City Briefing on Auto Inclusion Scheme for Employment Income Africa – Singapore Business Forum

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SINGAPORE BUSINESS FEDERATION ANNUAL REPORT 2010

Young Business People Association of Ho Chi Minh City (YBA) Business Matching BCM Through SS540 – Are you game for it BizSAFE for Your Workplace Health & Safety Dialogue Session on ASEAN Competitiveness Seminar on Development and Opportunities in Logistics Sector in the Kingdom of Bahrain CEOs Roundtable on Sustainability Solutions for the Manufacturing Sector Seminar on Business Process Management & Office Productivity Measures To Improve Efficiency Seminar on Sustainability Reporting – Global Developments Iran Investment Opportunities Forum Networking session with Iran delegation led by QIETAI Iran Oil, Gas & Petrochemical Workshop on Accounting for Financial Instruments: Measurements and Classification Introduction to Workplace Safety and Health Act for Senior Management National Security Dialogue Seminar on Improving Corporate Governance with Risk Management Systems CEO Workshop on bizSAFE Level 1 Oman – Trade and Friendship Experience Networking

AUGUST Enhancing Your Business Resilience and Sustainability via BCM

Business Networking Tea Session with CEO East Economic Region CEO Seminar on Business Opportunities in Malaysia Indonesia Biz know-how: Legal & Tax workshop SDBG Informal Networking Session – “The Business of Sustainability” Growing overseas with SBF Missions, Just Beer & Dinner Get-together Workshop on Free Trade Agreements APEC Outreach Seminar Business Continuity Management: Tourism Sector Workshop on Productivity – The Basics & Leveraging on 6 Sigma Workshop on Understanding the UCP 600 & ISBP 2007 Networking Session on China Clean and Green Sector Briefing on Company Tax Obligation Seminar on Productivity through Effective Management System CEO Dialogue on Mergers and Acquisitions Workshop on Crisis Management Vietnam Business Know-how Seminar

SEPTEMBER Investment Opportunities Seminar in Shandong – Zibo (Boshan) and MOU Signing of Qilu – Singapore Low Carbon Residential & Hotel Development Park Korea Exports Promotion Mission – Marine Parts & Accessories “One to One Business Matching”

Briefing on Proposed Re-employment Law & PME Dispute Resolution Framework Business Continuing Management Manager Course CEO Workshop – bizSAFE level 1 Risk Management Course – bizSAFE Level 2 Seminar on Corporate Governance & Directors’ Duties & Liabilities

OCTOBER

Introduction to Angel Investments SBF – KITA Business Meeting Bhutan Investment Seminar Launch of Singapore Sustainability Awards 2011 @ GES Opening Reception Sustainbility CEOs Roundtable During Global Entrepolis@Singapore 2011 Global Entrepolis@Singapore 2011 – Risk Management CxO Briefing Global Entrepolis @ Singapore Summit 2010 BCM Briefing to SPRING Marine LIUP Enterprises CXO Seminar “Becoming the Most Admired Business Leaders & Companies” Networking Session on Opportunities in Environment and Sustainability Sectors in Germany and Japan Business Credit Management Workshop Series – Effective Business Credit Management SBF – WDA Conference “Gearing Towards An Innovative and Productive Economy”


LIST OF 2010 ACTIVITIES

SBF – KOTRA Business Matching Korea Exports Promotion Mission: One-on-One business matching Cash Flow Management Workshop Series – “How Businesses Can Get Out of “Money Not Enough” Situation Critical Success Factors for Business Continuity Management Seminar on Electronic Agreement

NOVEMBER 5th Uzbekistan – Singapore Business Forum Briefing on Brunei Market Business Risk Management Seminar: Globalisation – Growth versus Risks Business Credit Management Workshop Series – Business Credit Management to Improve Cash Flow Productivity Programme: Business Process Improvement (BPI) Advisory & Workshop Training ASEAN Connectivity & Logistics Roadmap Seminar Launch of Singapore’s National Solar Repository and Solar Pioneer Awards Presentation

DECEMBER Workshop on Incoterms 2000 Investment Opportunities in Cambodia Seminar Workshop China Employment Contract Law Seminar on Business & Currency (RMB & USD) Outlook for 2011 Workshop on Employment Act (EA) Forum on Malaysia’s Economic Transformation Programme

Seminars, Workshops, Dialogue Sessions supported by SBF JANUARY Sustaining Business Success through Quality Management Standards CrisisAsia Executive Development – Business Impact Analysis (Programme 2200) Roadshow on Power Sector in Bangladesh 10th Doing Business in Japan Seminar: Japan – Increasing FDI and New Business Opportunities Leaders’ Forum 2010 on “The Way of Growth in Adversity” by Dr. Yu Shiwei The Business of Going Green – Post Copenhagen Dialogue CrisisAsia Executive Development – Table Top Exercises (Programme 4101)

FEBRUARY bizSAFE Convention 2010 Meeting Session with U.S. Aerospace Trade Mission Delegates Turkish Buying Mission Programme: Istanbul Fashion Week 2010 Invest in India Seminar – Update on the projects of Delhi Mumbai Industrial Corridor Asia Green IT Seminar Seminar on Standardisation and Greenhouse Gas Management – Making the Right Strategic Connection

MARCH Briefing on Fair Employment ICT Business Outlook Forum 2010 – Sustainability in a Recovering World South Africa Business Seminar & Matching Implementing Corporate Carbon Management Programme Roundtable on Busan Port – Platform to Expand your business World Continuity Congress Singapore 2010 Visit by Luanda International Trade Fair Israeli Cleantech Seminar SPRING’s IDG – Business Risk Management Seminar for Food Industry Essentials for Business Seminar Singapore Brand Conference

APRIL Roadshow by government of Kamataka ECO World @ Singapore 2010 Business Excellence for Organisations in Asia 2010 Doing Business in India Seminar BCA – IFMA Sustainable Facility Management Conference “How to do Business with Venezuela” Seminar Singapore Certified Energy Manager (SCEM) Professional Level – 5th Intake

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MAY Seminar on Investment Opportunities in Sri Lanka SIMTech Maunfacturing Forum – Sustainable Manufacturing Project Presentation for Jilin City, China Food Processing Opportunities in India Seminar France – ASEAN Conference on Clean Energies Are your businesses as sturdy as your furniture seminar

JUNE Briefing on Fair Employment Practices Zheng Zhou Logistic Park Promotion Conference TUSKON World Trade Bridge 2010 Seminar ASEAN – Guangzhou Trade & Economic Week Launch Ceremony cum Service and Trade Projects Exchange Tianjin Key Development Regions Promotion Seminar Canada ICT Forum FLA – developing wise strategies to take advantage of China’s economic growth Singapore International Water Week – Workshop on Canadian Pipeline Technologies Singapore International Water Week – Water Convention 2010 Coface Country Risk Conference 2nd Ningbo Inport & Export Fair

JULY India Business Forum Singapore International Water Week – Americas Business Forum Hai Phong Food Processing Zone: Opportunities for Food Processing & Distribution Seminar NEC – IE Singapore Green ICT Day Suzhou – Singapore Industrial Park Symposium CII – IBF Session on India – Singapore, Enhancing Trade & Economic Co-operation Dialogue Session on ISO Draft International Standard on Energy Management System Thai Spa Companies B@B Matching Session SNEF 30th Anniversary CEO & Employers Summit National Sustainability Conference Delegation from Bergamo, Italy: B2B Meetings & Business Matching Session

AUGUST Germany Information Sharing Session SPRING Training Workshop on Greenhouse Gas Management Leveraging on ISO 14064 Series Standards Life that Loves to Happen Seminar PAYM Policy Forum Series – Can We Survive? Singapore’s Economy in the Next Decade Work-Life Conference 2010

Official Launch of 2nd edition of: Major Issues in Company Law Vibrant Gujarat Global Investors Summit Doing Business in Cambodia & Lao PDR Seminar on Operation Sustainability for Transport and Logistics Sector

SEPTEMBER Video Conference “Peru Investment Opportunities” World Green Building Council (WGBC) International Congress Building Council (SGBC) International Conference BCLE-AUD-SS540 BCM Lead Auditor Training Course Sichuan – Singapore Trade and Investment Promotion Seminar China Hubei Province (Singapore) Investment Seminar Sichuan – Guang An Trade and Investment Promotion Seminar Business Mission to Beijing, China International Auto Parts Expo Russia – Singapore Business Forum 2010 Business Continuity Management Internal Auditor Course Ports & Maritime Seminar Singapore Human Capital Summit

OCTOBER Carbon Forum Asia Singapore International Energy Week


LIST OF 2010 ACTIVITIES

Turkey Buying Mission Programme: 13th MUSIAD International Fair Workshop on Climate Markets and the Business of Climate Change UK East Midlands Networking Session

NOVEMBER Andhra Pradsh Investment Roadshow MICCI – Johor 12th Annual Golf Open & Networking Dinner Clean Energy Expo Asia 2010 Launch of ASEAN Competition Handbooks BCLE-AUD-SS540 BCM Lead Auditor Training Course Singapore – Austria Economic Forum Gala Lunch in honour of His Excellency Xi Jinping, Vice President of the PRC by SCCCI New Zealand Minister of Commerce Simon Power Speaking Engagement Production Technology of the Future Forum & Business-Matching Workshop Brazil Business Delegation Led by Minister of Port Pedro Brito

DECEMBER Malaysia – International Chinese Business Forum

Delegation visits hosted by SBF JANUARY Visit by Tianjin Delegation Visit by The Bureau of Commerce of Anhui Province Roundtable Dinner with Bapak Gita, Chairman BKPM Roundtable with Egyptian Assistant Minister Visit by CAEXPO Secretariat Networking Session with Jilin Delegation led by Jilin Vice Governor

MARCH Session with Ms Arlinda Ariff, President / CEO of Iskandar Investment Berhad Meeting with Jilin Municipality Delegation Spain – Singapore Roundtable Session “Strategic Partnerships and Collaborative Ventures into Latin America”

APRIL Visit Programme and Faciliation for BEC Consultants Delegation from Tianjin City China Oman – Singapore Business Council: 2nd Singapore Meeting

MAY Pre-Mission Briefing For Singapore Business Mission to Pyongyang, DPR Korea Delegation from Xiamen Visit of Bahrain Chamber of Commerce and Industry Roundtable meeting with Bahrain business leaders at SBF Visit of Bahrain Chamber of Commerce and Industry – SBF Luncheon with Bahrain business leaders Visit of Bahrain Chamber of Commerce and Industry – Networking Dinner with Singapore Businesses Federation SBF Roundtable with HE Dato Sri Mustapa, Minister for International Trade & Industry

JUNE China – ASEAN Business & Investment Summit Secretariat CCPIT Guangzhou Delegation Visit India – Singapore Trade & Investment Business Forum Dialogue Session with The Right Honorable Mrs. Ama Benyiwa Doe, Central Regional Minister, Chairperson of CEDECOM Board of Central Regional Development Commission SBF Briefing: The readiness of Singapore biz communities in the implementation of the ASEAN – China Free Trade Area

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Visit by Iran delegation – 14 to 15 June 2010 Luncheon and Roundtable session with Iranian Minister of Commerce Visit by Oman delegation – 14 to 16 June 2010 Visit by Iran delegation – 14 to 15 June 2010 Dialogue Meeting with Philippines CICT, PTIC-embassy of Philippines & G2iX Delegates

JULY Delegation accompanying Mr. Anand Sharman, Minister of Commerce & Industry, India

AUGUST Breakfast Dialogue Session with MITI Minister Dato Seri Mustapa Mohamed Dialogue Session with Young Entrepreneurs Association of Cambodia Visit of Nanjing Delegation (Lishui Municipality Nanjing) Korea Chamber of Commerce & Industry Meeting with CEO

SEPTEMBER DPRK Incoming Delegation mission received by Mr. Poh Choon An

OCTOBER Informal MSBC Meeting Meeting with Myanmar Delegation

NOVEMBER 10th Joint Meeting Between SBF & CIECA Visit by Gabon delegation (In conjunction with State Visit of Gabon President) Incoming Visit by the Industry & Commerce Association of Macau Business Roundtable with Fidelity Bank of Ghana SBF – BKPM Ministerial Dialogue Session Preliminary MSBC Meeting for Singapore Council Members

DECEMBER 5th Joint meeting of MSBC Meeting with CAEXPO Vice Secretary General Mr. Nong Rong Meeting with Shanghai Pudong Party Secretary Xu Lin and his delegation Joint Meeting of SBF with Friends of Building Sustainability – Green Knowledge Exchange Roundtable Dialogue

Overseas Business Missions JANUARY Mission to Saudi Arabia

MARCH SBF Delegation to the Asian Business Summit, Tokyo, Japan Business Mission to Vancouver and Globe 2010 Conference & Exhibition in Canada Business Mission to Lao PDR (Vientiane)

APRIL Mission to Uzbekistan

MAY International Biz Fellowship – Executive Programme on Vietnam Business Mission to Pyongyang, DPRK Korea

JUNE Business Mission to Iskandar Malaysia Business Mission to Cleantech 2010 in Tel Aviv, Israel Business Mission to Hoi An, Vietnam


LIST OF 2010 ACTIVITIES

JULY Business Mission to Sri Lanka

AUGUST Business Mission to Zhejiang Province & Shanghai (World Expo 2010)

SEPTEMBER SBF Economic Agencies Business Mission to Iskandar Malaysia SBF Business Mission to Southern Africa – Angola, South Africa and Botswana International Business Fellowship: Executive Programme on Vietnam Business Mission Targeting Green and Sustainable Urban Solutions in Cities of China 2nd SBF Business Mission to Iskandar Malaysia

OCTOBER 7th China – ASEAN EXPO 7th China – ASEAN Business & Investment Summit Mission to Saudi Arabia & Bahrain Business Mission to Germany / Italy (9) Joint Business Mission with WMRAS to Germany – Singapore Business Forum with Focus on Environment

NOVEMBER Singapore Business Mission to APEC Green Showcase and Green Device 2010 in Japan (Tokyo + Yokohama) Business Mission to Mumbai

DECEMBER Mission to Kenya, Rwanda & Uganda 25th International Autumn Trade Fair, Dubai Business Mission to Yen Bai, Vietnam

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Singapore Business Federation 10 Hoe Chiang Road #22-01 Keppel Towers Singapore 089315 Tel: +65 6827 6828 Fax: +65 6827 6807 www.sbf.org.sg

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