BIZSpoke | 27 October 2023 - Merit, Management, and Mediation, 3 Takeaways from Recommendations on Workplace Fairness Legislation Dialogue in a Nutshell

27 OCTOBER 2023

Merit, Management, and Mediation – 3 Takeaways from Recommendations on Workplace Fairness Legislation Dialogue in a Nutshell

Singapore Business Federation with support from the Ministry of Manpower organised a Dialogue on Workplace Fairness Legislation Recommendations. Held on 16 October at SBF Center, it featured discussions involving approximately 70 business leaders, senior-level management representatives, and HR professionals, along with Senior Minister of State for Manpower Dr Koh Poh Koon and Deputy Executive Director at the Singapore National Employers Federation (SNEF) Mr Edwin Lye, elaborating on the TCWF Final Report recommendations.

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WHAT'S NEW

ESG Forum for Family Business 2023

Participate in the Environmental, Social, and Governance (ESG) Forum for Family Business 2023, where you can engage in a series of informative talks, panel discussions, and research presentations featuring renowned business leaders and scholars. Gain valuable insights into how family businesses can harness opportunities to effectively navigate and prosper within the ESG framework. Secure your spot today!

Welcome Programme for New Senior Employment Pass Holders

Senior business leaders newly posted to Singapore are invited to join the Welcome Programme for New Senior Employment Pass Holders. You will also get to engage in a dialogue with Minister for Manpower and Second Minister for Trade and Industry Dr Tan See Leng, and senior tripartite partners, as well as the opportunity to network with other business leaders and learn more about Singapore's workforce landscape.

6th Singapore-China Trade & Investment Forum

The 6th Singapore-China Trade and Investment Forum (SCTIF) serves as a high-level business platform for Singapore and Chinese companies to showcase their capabilities and forge collaborations. There will also be a Ministerial Dialogue with Guest-of-Honour, Minister of State Ms Low Yen Ling. Come join us either in person in Shanghai or virtually online and leverage this bilateral platform to strengthen your cooperation with Chinese entrepreneurs and businesses.

Seeking participants for SBF website's focus group discussion

Join our 90-minute focus group discussion to be held at our office at SBF Center and help us improve our website! We are looking for 15 members of the business community to share your feedback on what you would like to see on our website and how we can make it better for you. There will be 3 sessions (5 participants per session) to be held on 20 November (AM) and 21 November (1 PM, 4 PM). Participants will be given a $80.00 CapitaLand voucher upon completion of the focus group.

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Saudi Arabia, Singapore strengthen economic ties

Singapore and its businesses have significant opportunities in Saudi Arabia's transformation, particularly in logistics, transportation, green energy, and food sectors. In conjunction with Prime Minister Lee Hsien Loong’s official visit, SBF led a delegation of 32 high-level business representatives from 27 Singapore companies to Saudi Arabia and United Arab Emirates (UAE) to explore trade and investment opportunities. Two MOUs were inked by SBF with the Ministry of Investment Saudi Arabia (MISA) and the Federation of Saudi Chambers (FSC) at the 3^rd Saudi Arabia-Singapore Joint Committee Ministerial Meeting.

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FTA Survey 2023

Free Trade Agreements (FTAs) hold immense significance for Singapore. Through FTAs, Singapore-based exporters and investors gain access to a wide array of benefits, such as tariff concessions, preferential entry into specific sectors, expedited market access, and robust Intellectual Property protection.

We want to know your valuable business insights through our FTA Survey 2023, and by participating, you stand the chance to win prizes in a lucky draw!

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DIGITALISATION

Clearer pricing models could help firms manage rising cloud costs

As the adoption of generative artificial intelligence (gen AI) gains momentum, businesses are experiencing a surge in expenses related to cloud usage. SBF CEO Kok Ping Soon highlighted the challenges for local enterprises, especially SMEs, in managing expenses when modernising legacy systems during cloud migration. He stressed that while the pay-as-you-use model lowers initial investment, poor management can inflate cloud costs. He also recommended cloud vendors provide clear pricing and tiered solutions for better budgeting and choice.

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Implementing AI & Digitising Processes for a Construction Future

For Construction Industry Professionals: Join Implementing AI and Digitising Processes for a Construction Future to learn how to stay ahead of the curve. Explore the most recent AI and digitalisation developments, engage with key figures in the sector, and formulate a strategy for integrating AI and digitalisation into your operations.

INTERNATIONALISATION

SBF Company Case Study Series 13 – Lim Kee Food Manufacturing

SBF is proud to present the 13^th issue of our Company Case Study Series – Lim Kee Food Manufacturing. This case study delves into the remarkable journey of Lim Kee, highlighting the company's remarkable growth, resilience, and triumph over challenges from its modest origins to its current status as a beloved home-grown and international brand known for Chinese pau and food products. Discover the inspirational elements that underpin their success, explore their effective business strategies, and gain insights into how Lim Kee successfully navigated the complexities of international expansion.

SBF Budget Series: Malaysia

Join us at the SBF Budget Seminar Series focusing on Malaysia Budget 2024, under the theme "Madani Economy: Empowering the People." Gain insights into Malaysia's economic outlook, key initiatives and business opportunities from officials at MITI, alongside tax and legal experts, as well as an OCBC senior analyst. Don't miss the Q&A and panel discussion—acquire practical knowledge to navigate business expansion and broaden your network for sustained success in the local market.