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Economic Strategies Committee & Budget 2010:
i) Tapping on the Government Incentive Schemes
  ii) Ministerial Dialogue with the Business Community -
How ESC Strategies Affect Businesses
Date : 2 July 2010,Fri
Time : 9.00 am – 12.30 pm;
1.30 pm – 4.00 pm
Venue : Suntec Convention and Exhibition Centre,
Ballroom 2 (Level 2)

Fee per pax : SBF Members - S$38.00
Non Members - S$76 .00



With the announcement of the ESC recommendations and Budget 2010, several pro-business initiatives and incentive schemes such as Productivity and Innovation Credit, Infocomm@SME, Working Training Support Scheme, and Business Capabilities for Internationalisation have been introduced and more details are being unveiled as they were finalized.

SBF is pleased to organize this timely seminar where we have invited representatives from the various government agencies to share with members. A good understanding of the various initiatives and incentive schemes will enable companies to benefit optimally from them to build and upgrade enterprise capabilities.

To further encourage businesses to embrace the ESC recommendations and Budget 2010 initiatives and ride on opportunities in the new landscape, SBF is honoured to have invited the Ministers Mr Tharman Shanmugaratnam, Mr Lim Swee Say, Mr Gan Kim Yong and Mrs Lim Hwee Hua to dialogue with the business community.

SBF members are strongly encouraged to attend this most valuable session to dialogue with the Ministers.


Morning Programme
Time Programme
9.15 am Registration
9.30am Introduction by SBF
9.50 am Productivity and Innovation Credit (PIC) by IRAS
  • Significant tax deductions for investments in a broad range of activities
  • 250% of tax deduction for the first $300,000 of qualifying investment expenditure The tax deductions will be 250% of the eligible expenditures incurred on each of the activities
  • 10.10 am Working Training Support Scheme by WDA
  • Workfare Training Support (WTS) scheme encourages low-wage workers to upgrade their skills through training and comes into effect on 1 July 2010.
  • It covers training courses offered under the Singapore Workforce Skills Qualifications (WSQ) system, including courses on Employability Skills.
  • Three components to the WTS, namely (a) Employer Grant, (b) Training Commitment Award and (c) Workfare-Skill Up.
  • 10.30 am Refreshments

    10.50 am Infocomm@SME programme by IDA
  • An integrated approach to assist SMEs in adopting Infocomm technology (ICT) to improve their productivity and growth.
  • Include new initiatives like iSPRINT that provides one-stop assistance and funding to SMEs with differing infocomm needs.
  • Range from simple solutions to improve business operations to innovative use of technology that transforms businesses and sectors.
  • 11.10 am SME Productivity Roadmap (SME-PRO) by SPRING
  • Productivty@Work Website
  • Assistance for SMEs – Key Incentive Schemes
  • 11.30 am Business Capabilities for Internationalisation by IE Singapore
  • Market Access Capability
        - SME Market Access Programme (SME MAP)
  • Financing Capability - iFinance Programme
  • Alliances Capability - iPartners Programme
  • 11.50 am Q & A
    12.30 pm End

    Who Should Attend?
    All levels




    Afternoon Programme
    Time Programme
    1.30 pm Registration
    2.00 pm Economic Outlook of the Region and Singapore
    By Mr Song Seng Wun, Executive Director & Regional Economist, CIMB-GK Research
    2.20 pm Update of ESC Recommendations by Ministry of Finance

    2.40 pm Panel Discussion / Dialogue
    - Mr Tharman Shanmugaratnam, Minister for Finance
    - Mr Lim Swee Say, Secretary General, NTUC;Minister, Prime Minister’s Office
    - Mrs Lim Hwee Hua, Minister, Prime Minister’s Office; 2nd Minister for Finance and Transport
    - Mr Gan Kim Yong, Minister for Manpower
    - Mr Tony Chew, Chairman, SBF
    - Moderator: Mr Jonathan Auerbach, Managing Partner, McKinsey & Company, Southeast Asia
    4.00 pm End of Dialogue

    Who Should Attend?
    Senior & Mid level Management

    Programme is correct at time of print

    Administrative Details

    • Registration is on a first-come, first-served basis. Please fax registration form to reserve a seat and followed with mail, together with a cheque to SBF (10 Hoe Chiang Road, #22-00, Keppel Towers, Singapore 089315). Cheque should be made payable to “Singapore Business Federation”. Pls indicate the “Ref No., company Name and participant’s name at the back of the cheque.


    • Confirmation of your registration will be email to you upon receipt of full payment. Please present the email confirmation for admission to the ballroom.


    • We regret that no refund will be made for cancellation or non-attendance but a replacement is allowed. Full fees will be charged for cancellation or non-attendance


    Ref No: MBER 096/020710/05W
    REGISTRATION FORM Attn: MR Dept/Celest
    Fax:67340610 / 68276801
    (Closing date:30 June 2010)

    NOTE : As a precautionary measure, our advice is for members who are unwell not to attend the session.


    Registration
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