Press Releases

SBF Signs MOUs with 11 Partners to Strengthen Employment Facilitation, Workforce Development & Industry Capability Building for Wholesale Trade Sector; 700 companies and 1,000 workers expected to benefit

The Singapore Business Federation (SBF) has strengthened the workforce transformation ecosystem for the Wholesale Trade sector, with the signing of Memoranda of Understanding (MOUs) with 11 partners. As part of its Jobs Skills Integrator for Wholesale Trade (JSIT-WST) initiative, this strategic partnership creates a coordinated workforce ecosystem, providing companies with end-to-end support to bridge skills gaps and drive business growth.

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Ministerial Dialogue Calls for Greater Partnership to Strengthen Economic and Energy Resilience

The Singapore Business Federation (SBF) organised the Singapore Budget Symposium 2026 earlier today, with the support of the Ministry of Finance, the Ministry of Trade and Industry, and the Ministry of Manpower. Attended by over 850 participants, from senior policymakers to business leaders and professionals, the forum served as a platform to address businesses feedback on the Budget and strengthen public-private alignment on Singapore's economic strategies.

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Business Sentiment Shows Early Signs of Stabilisation in Q4 2025, Firms Remain Cautiously Positioned for 2026

The Singapore Business Federation (SBF) today released findings from its National Business Survey 2025 – Q4 Business Sentiments Edition indicating early signs of stabilisation in business sentiments, as firms navigate persistent global cost and trade pressures while positioning for measured recovery.

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SBF welcomes the 2026 Budget as a forward-looking and pragmatic roadmap for Singapore

Singapore Business Federation (SBF) welcomes the 2026 Budget as a forward-looking and pragmatic roadmap for Singapore to strengthen competitiveness and our hub status, particularly as we look forward to Singapore Chairmanship of ASEAN in 2027.

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AI, Data Analytics and IoT Set to Shape the Next Phase of Digitalisation for Singapore Businesses

The Singapore Business Federation’s (SBF) National Business Survey (NBS) 2025 – Digitalisation Supplement reports that four in five businesses are actively engaged in digital transformation, with widespread adoption of foundational technologies such as e-payment, cloud computing and cybersecurity. Looking ahead, businesses are increasingly prioritising Artificial Intelligence (AI), data analytics and IoT as strategic enablers over the next 12 months.

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SBF helped 13,800 businesses build future ready capabilities amid global trade headwinds and economic uncertainties; Membership increased to 34,200

The Singapore Business Federation (SBF) supported 13,800 companies in 2025 through programmes across its six Action Agendas, an increase of more than 70% from 2024. Despite a challenging global environment shaped by trade tensions and economic uncertainty, SBF’s membership grew by about 7% to 34,200 members.

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