About UsThe Singapore Business Federation (SBF) is the apex business chamber championing the interests of the Singapore business community in the areas of trade, investment and industrial relations. It represents 24,200 companies, as well as key local and foreign business chambers.
In July 2001, the Minister for Trade and Industry introduced a Bill in Parliament to establish the SBF Act, which was passed by Parliament and became law on 5 Oct 2001. The Federation was then established on 1 April 2002, with the aim of representing the business community’s interests both locally and overseas. Under the SBF Act, all Singapore-registered companies with share capital of S$0.5 million and above are members of SBF.
Our 3 Key Functions
The federation serves three key functions – all of which are essential for business improvement and expansion.
SME Committee (SMEC) – a platform for SMEs to raise their concerns with policymakers – and regular business climate surveys.
- We are the bridge between Singapore’s business community and the Government
- We are the business community’s representative in building bilateral, regional and multi-lateral relationships
- We are a key provider of capability-building initiatives and services for Singapore businesses
Internationally, SBF also champions its members’ needs on the global stage through participation in prominent international business forums. These include the ASEAN Business Advisory Council, Asia Pacific Economic Cooperation Business Advisory Council, B20 and the International Chamber of Commerce.
The Africa, ASEAN, China-North Asia, Middle East and South Asia Business Groups in SBF serve as geographical platforms for the Singapore business community and their counterparts in the respective regions for business exchanges and information sharing.
Through the AccessAsia programme, SBF also helps international companies extend their global footprint into Singapore and Asia. SBF Members would also have the opportunity to collaborate with these companies for local and overseas expansion.
In assisting members to expand overseas, SBF has also avail various dispute resolution channels to members such as the ICC Court of Arbitration, the Singapore International Arbitration Centre, the Singapore International Mediation Centre and the Singapore Mediation Centre.
SBF also serves as the National Committee representative of the International Chamber of Commerce (ICC) and supports ICC initiatives, including the facilitation of ICC Arbitrations, workshops and the sale of ICC publications to SBF members.
The Federation offers programmes through several initiatives such as the Business Continuity Programme, Empowering Efficiency and Excellence (3E) programme, Mentorship for Accelerating Productivity (MAP) Programme, Mentorship Programme and Partnership for Capability Transformation. Members can also obtain training through the SBF Business Institute.
For businesses interested to venture into and learn more about the African business climate can tap on the NTU-SBF Centre for African Studies – a think-tank formed in collaboration with Nanyang Technological University.
Through SBF's Sustainable Development Business Group, the Federation connects Singapore-based clean technology firms with member companies, providing them access to industry events, business matching services and more.