Press Releases

New localised emission factors in SEFR to improve carbon accounting and more community-centric features on NetZeroHub.SG

At the United Nations Global Compact Network Singapore (UNGCNS) Summit today, Second Minister for Finance Ms Indranee Rajah announced the addition of five new categories of emission factors to the SEFR. Covering cleaning, security, and professional services, information and communications technology, as well as product carbon footprint, these new factors will enable companies to measure and track their carbon footprint with greater accuracy. NetZeroHub.SG Resource Portal, the portal hosting the SEFR, will also have enhanced community-centric features to foster greater collaboration among businesses in their decarbonisation journey and climate action efforts.

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SBF Leads Overseas Market Workshop to Egypt, Deepening Expansion Opportunities and Strategic Partnerships for Singapore Businesses

SBF led a 27-member delegation comprising 20 Singapore companies to Egypt coinciding with President Tharman Shanmugaratnam’s state visit. The visit marks SBF’s renewed engagement with Egypt, a strategic gateway to the Middle East and Africa.

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SBF Leads Top Singapore Firms in Showcasing Digital Innovation and Trade Opportunities at the 22nd China-ASEAN Expo

The Singapore Business Federation (SBF) leads a strong delegation of Singapore enterprises at the 22nd China-ASEAN Expo (CAEXPO), taking place in Nanning, Guangxi, China.Themed "Digital Intelligence and Innovation Empower Development — Leveraging China-ASEAN FTA 3.0 to Build an Even Closer China-ASEAN Community with a Shared Future", this year's Expo highlights the pivotal role of technology and innovation in driving regional growth and strengthening economic collaboration.

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SBF’s CFOTI Secures Six Partners and Launches World’s First Generative AI Tool to Help Businesses Navigate Trade Regulations

Close to 600 business leaders, policymakers, and trade experts convened today at the Orchard Hotel Singapore for a seminar on 'Navigating US Tariff: Adapt and Advance', where the Singapore Business Federation (SBF)’s Centre for the Future of Trade and Investment (CFOTI) announced partnerships with six organisations – DBS Bank Ltd, DHL Express (Singapore), Pacific International Lines, PwC Singapore, Rajah & Tann Singapore LLP, and Temasek Foundation – to deepen regional trade and investment connectivity, build enterprise capabilities, and co-develop practical solutions for businesses navigating today’s turbulent global trade environment.

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SBF Hosts the First-Ever SBF Ghana-Singapore Business Dialogue 2025

The Singapore Business Federation (SBF) convened the inaugural SBF Ghana–Singapore Business Dialogue on the occasion of the State Visit of H.E. John Dramani Mahama, President of the Republic of Ghana, to Singapore from 26–28 August 2025. The Dialogue formed part of a broader programme that included high-level meetings with Singapore leaders and President Mahama’s keynote address at the 8th Africa–Singapore Business Forum.

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Business Confidence Weakened, with Softening Outlook for Hiring and Wages

The Singapore Business Federation’s (SBF) National Business Survey 2025 – Manpower and Wages Edition revealed Singapore businesses’ bearish outlook on the current state of economy. Businesses are lowering revenue and profitability expectations, holding off expansion and hiring due to the uncertain macroeconomic outlook. More companies expect conditions to worsen (35%) than improve (14%) over the next 12 months. The overall Business Sentiment Index (BSI), which measures business confidence, softened by 1.1 points from 56.5 in Q1 2025 to 55.4 in Q2 2025.

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