Press Releases

PwC Singapore and SBF call for greater support to build globally competitive and sustainable businesses, upskill workforce through enterprises and alleviate business cost

PwC Singapore and the Singapore Business Federation (SBF) are pleased to present our joint Budget 2025 Proposal titled “Forging Ahead with Confidence in Uncertain Times” aimed at fostering resilience and growth for Singapore against a backdrop of global uncertainties.

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Singapore Business Federation Leads Delegation to Hong Kong and Shenzhen to Unlock New Trade Opportunities

SBF led business delegation to Hong Kong and Shenzhen, underscoring its commitment to fostering greater collaboration between Singapore and regional economies. 

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Business Optimism Increased for 2025, but Manpower Costs and Demand Uncertainty Remain Key Concerns

The Singapore Business Federation (SBF) today released the National Business Survey (NBS) 2024 – Annual Business Sentiments Edition, revealing a more positive outlook for the Singapore economy. 

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Singapore-Sweden Royal Business Forum 2024: A Step Forward in Sustainable Innovation

The Singapore-Sweden Royal Business Forum 2024, themed “Innovating for a Sustainable Future” successfully concluded yesterday with impactful discussions, new partnerships, and significant agreements that solidified the collaborative spirit between the two nations. The Forum was honoured by the presence of His Majesty King Carl XVI Gustaf, marking his first state visit to Singapore. His attendance, alongside a distinguished delegation of Swedish ministers and prominent figures from industry, government, and academia, underscored the importance of this bilateral initiative.

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New Overseas Markets Immersion Programme Launched to Support Companies to Expand Overseas

Workforce Singapore (WSG) has launched the Overseas Markets Immersion Programme (OMIP) to support companies to expand into overseas markets. This is also part of the Government’s commitment to build a globally competitive workforce by enabling more Singaporeans to gain overseas experience. The Singapore Business Federation (SBF) has been appointed as the first OMIP programme partner and will work with companies to explore internationalisation opportunities.

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Overseas Accounts for Over 40% of Total Revenue for 1 in 2 Businesses; More Businesses Have Expansion Plans Beyond ASEAN

In a promising sign of resilience and growth, the Singapore Business Federation’s (SBF) National Business Survey (NBS) 2024 – Scaled Internationally Edition reveals that the proportion of Singapore businesses with overseas expansion plans increased from the past year (59% versus 57% in 2023), with Vietnam (25%), Indonesia (25%) and Thailand (21%) as the top three markets.

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