Press Releases

IPS-SBF Conference “Global-City Singapore: SG60 and Beyond”

In a landmark collaboration between a leading public policy think tank and the apex business chamber, the Institute of Policy Studies (IPS) at the National University of Singapore, and the Singapore Business Federation (SBF) are jointly organising the IPS-SBF Conference “Global-City Singapore: SG60 and Beyond” on Tuesday, 29 July 2025, with pre-conference events spanning from 22 July to 25 July 2025.

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Singapore businesses outlook weakened amid rising economic uncertainty; Number of businesses expecting economy to worsen over the next 12 months doubled

The Singapore Business Federation (SBF) today released the findings of the National Business Survey 2025 – Singapore Budget Edition that included its inaugural Business Sentiment Index (BSI), a new indicator that consolidates key measures that capture business confidence. The overall BSI stands at 56.5, reflecting a generally cautious sentiment among businesses amid ongoing global economic uncertainty. While Budget 2025 has been largely well-received, significant concerns about the broader economic outlook persist.

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SBF launches actionable Playbook to help Singapore businesses navigate rising trade barriers amidst greater economic uncertainty

The Singapore Business Federation (SBF) today launched its “Navigating U.S. Tariffs” Playbook, a practical guide designed to help Singapore businesses understand, respond to, and plan for the impact of recent tariff changes introduced by the United States (U.S.). This initiative comes as an SBF poll reveals significant concerns among local companies about the potential negative effects of these new tariffs on their operations and financial health.

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SBF Announces Leadership Transition: Mr S.S. Teo Succeeds Mr Lim Ming Yan as Chairman

The Singapore Business Federation (SBF) today announced that Mr Lim Ming Yan has stepped down as Chairman of the SBF Council, concluding a five-year tenure that began in 2020. Succeeding him is Mr Teo Siong Seng (S.S. Teo), Executive Chairman of Pacific International Lines, who has been elected Chairman effective today. Mr Teo previously held the role from 2014 to 2020.

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Singapore Business Federation welcomes National Task Force on Reciprocal Tariffs

The announcements by US and the retaliatory moves by China are deeply concerning for businesses, which have already raised concerns about the ongoing uncertainty and disruption.

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Impact of US Tariffs on Singapore and SG Businesses

The unprecedented scale of the scope and speed of implementation of the import tariffs have presented a seismic-grade shock to the world trading system. 

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