Press Releases

SBF Welcomes Economic Strategy Review and Calls for Strong Implementation to Support Business Transformation and Keep Singapore Competitive

The Singapore Business Federation (SBF) welcomes the Economic Strategy Review (ESR) and supports its broad direction to strengthen Singapore’s competitiveness, resilience and long-term growth.

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Two in Three Businesses Hit by Middle East Conflict; SMEs Feel Strain Most

The Singapore Business Federation (SBF) today released findings from a new business poll, highlighting that two in three Singapore businesses have been moderately to severely affected by the ongoing Middle East conflict, as rising energy and logistics costs affect operations and demand. While firms are actively managing costs and pivoting strategies, the findings point to a widening gap in how businesses are coping, with SMEs facing sharper disruptions and expressing significantly lower confidence as compared to larger firms.

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Singapore Business Federation Urges U.S. Trade Representative to Recognise Singapore’s Market Oriented Economy and Robust Labour Enforcement in Section 301 Investigations

The Singapore Business Federation (SBF), the apex business chamber representing more than 34,000 companies, has submitted formal comments to the United States Trade Representative (USTR) on the Section 301 investigations into structural excess capacity (Docket No USTR-2026-0067) and forced labour import enforcement (Docket No USTR-2026-0133).

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TAC Alliance 2.0 Unites TACs to Deliver More Targeted Support for TACs and Businesses

More than 200 Trade Association and Chamber (TAC) and industry leaders gathered at the TAC Summit 2026 to strengthen collaboration and identify practical ways to help Singapore businesses stay competitive in a more volatile global environment.

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Singapore Launches New Public-Private Partnership to Strengthen Business Competitiveness in the Climate Transition

Singapore will establish the Council for a Competitive Climate Transition (C3T), a new public-private platform led by the National Climate Change Secretariat (NCCS) and the Singapore Business Federation (SBF), to help strengthen businesses’ climate resilience and competitiveness. The Council will be co-chaired by Mr Ravi Menon, Singapore’s Ambassador for Climate Action and Senior Adviser at NCCS, and Mr Kok Ping Soon, Chief Executive Officer of SBF.

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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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