NMP Mark Lee on Co-operative Societies (Amendment) Bill

Speaking in Parliament on 3 April, NMP and SBF Council Member Mark Lee advocates for prudent implementation of proposed cooperative (co-ops) amendments, stressing the importance of robust risk management. He highlights concerns over potential risks to credit co-ops' institutional capital with proposed dividend utilisation from reserves. He also proposes shared services to aid smaller trade associations in governance as well as address collective concerns such as cybersecurity threats and technology adoption.

NMP and SBF Council Member Neil Parekh also spoke in Parliament on this Bill, where he highlighted the benefits and concerns of Section 72A for co-ops. Hear more from his speech in the second video here.

Appointment of CEO for SBF Foundation

SBF is excited to announce Ms Jean Tan as the new CEO of the SBF Foundation (our social impact arm) and Chief Social Impact Officer of SBF with effect from 1 April 2024!

Jean's dual role strengthens our commitment to corporate social responsibility. Under her leadership, businesses will be empowered to make a positive difference in Singapore's economy, workforce, and society. She also brings a wealth of experience, having previously led the Singapore International Foundation (SIF) with award-winning initiatives. Her expertise will be invaluable as we drive social impact forward.

SBF CEO Highlights Southeast Asia's Sustainable Employment Future

In a Mediacorp Channel 8 interview on 27 March, SBF CEO Kok Ping Soon highlighted that by 2030, Southeast Asia could potentially generate up to 30 million sustainability-related jobs, with employers seeking individuals possessing regulatory expertise and competencies in climate and environmental awareness. Furthermore, Singapore prioritises the development of its green economy, necessitating the navigation of challenges and capitalisation on opportunities, particularly within the financial sector, renewable energy production, and professional services.

-- Interview segment: 04:48 to 07:45

Charting ASEAN's Economic Development in the Evolving Trade Landscape

SBF recently met with Mr George Yeo, former Minister for Trade & Industry and for Foreign Affairs at the Lee Kwan Yew School of Public Policy. Mr Yeo provided valuable insights on the shifting global trade landscape as well as rising geopolitical tensions and economic fragmentation that threaten the stability businesses rely on. At the Asia Competitiveness Institute Annual Research Conference 2024 held on 8 March, Guest-of-Honour and SBF CEO Kok Ping Soon highlighted the resurgence of industrial policy amid rising trade barriers and emerging strategies like nearshoring. Despite ASEAN's potential as a preferred destination, global economic fragmentation poses challenges for Singapore and the region.

Thinking about expanding your business regionally?

Based on insights from the SBF National Business Survey 2023/2024, a significant 66% of surveyed businesses are eyeing expansion into ASEAN countries. Explore our Insights Report on Internationalisation produced by the SBF research team, to uncover the keys to thriving in the dynamic ASEAN market. Understand firsthand strategies, insights, and hurdles faced by businesses as they venture into new territories.

Are you keen on doing business in Saudi Arabia?

Discover the allure of Saudi Arabia with our tailored country infographics, thoughtfully crafted by SBF. Delve into the economic landscape, regulatory environment, and cultural intricacies that offer abundant opportunities for business growth. Empower your decision-making and seize the myriad opportunities awaiting in the Saudi Arabian market. For a deeper dive into this emerging market, please reach out to us at [email protected].

Singapore Apex Corporate Sustainability Awards 2024

Presented by the UN Global Compact Network Singapore, the Singapore Apex Corporate Sustainability Award stands as one of the highest accolades for corporate sustainability within the nation's business landscape. Apply today to:

• Unlock new business opportunities.
• Earn recognition with this esteemed sustainability award.
• Access the expansive UN Global Compact network.

If your company demonstrates outstanding sustainable practices or offers innovative solutions for a better world, seize the opportunity to apply now and inspire others to embrace responsible business practices. Registration closes on 30 April 2024.

World HR Congress 2024

The 19^th World HR Congress, recognised as the premier and largest global event convening world-class thought leaders, practitioners, and innovators in HR and Strategic Workforce Planning, is set to occur over three days in Singapore from 14 to 16 May at the Marina Bay Sands Convention Centre.

Under the theme "People. Possibilities. Paradoxes: Scripting the Frontier of Work," the congress will explore critical issues and topics influencing work environments and aim to inspire participants. Discussion topics will encompass inclusive workplaces, technology integration in HR, strategic talent attraction and retention, and sustainable practices within HR.

SBF members will get a 30% discount when they register using the code SBF2024.

[16 April 2024]

Eyeing Asia: Investment Law in Vietnam

[19 April 2024]

Understanding Incoterms 2020 *Popular*

[24 April 2024]

FTA: Export Control and Strategic Trade (Module 4)

[25 April 2024]

Masterclass: Singapore's Workplace Fairness Legislation

[26 April 2024]

Managing ESG : From Strategy Planning To Integration

[30 April 2024]

Masterclass: Practical Guide to Winning Public Sector Tenders