Press Releases

Business Confidence Rebounds in Q2, Buoyed by AI Momentum and Resilient Domestic Growth

The Singapore Business Federation (SBF)’s National Business Survey 2026 – Q2 Business Sentiments Edition revealed a rebound in business confidence in the second quarter, even as businesses continue to navigate near-term headwinds. The upturn was supported by resilient domestic growth, strong Artificial Intelligence (AI) momentum and the Middle East conflict having a less severe impact than anticipated.  

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Press Releases

SBF’s 10th ASEAN Conference Calls on Businesses to Turn Global Fractures into Regional Opportunity

The Singapore Business Federation (SBF) today convened the 10th edition of its ASEAN Conference at Resorts World Convention Centre, marking a decade of bringing together the region's business and policy leaders - and setting out a growth agenda for ASEAN businesses in an increasingly fragmented world. 

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Media Statement on Further Assistance for Businesses and Singaporean Households in Second Package of Support Measures

We welcome these timely measures and are glad that the Government continues to stand by our businesses during this difficult and uncertain period.

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Media Statement on the United States Trade Representative’s (USTR) Section 301 Determination on Forced Labour

The Singapore Business Federation (SBF) notes the outcome of the United States Trade Representative’s (USTR) Section 301 determination on forced labour. The USTR has imposed a 12.5% tariff on imports from Singapore, with exclusions for certain pharmaceutical, aerospace and other specified products. The determination reflects the USTR’s assessment that Singapore does not currently have a forced labour import prohibition regime in place.

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RTS Link Could Reshape Cross-Border Consumer Spending, Spotlighting Both Opportunities and Challenges for Singapore Retail and F&B

The Singapore Business Federation (SBF), Restaurant Association of Singapore (RAS) and Singapore Retailers Association (SRA) today released findings from their jointly commissioned study, “Impact of RTS on Singapore Retail and F&B Sector”. The study examines how the Johor Bahru-Singapore Rapid Transit System (RTS) Link could affect consumer spending, tourism flows, and business competitiveness in Singapore’s retail and food and beverage (F&B) sectors.<br />

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SBF Deepens Collaboration with KADIN To Catalyse ASEAN SME Cross-Border Trade

The Singapore Business Federation (SBF) and the Indonesian Chamber of Commerce and Industry (KADIN) have signed a two-year Memorandum of Understanding (MOU) to help Small and Medium Enterprises (SMEs) in Indonesia trade more easily across borders, strengthening intra-ASEAN trade linkages.  

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