10 OCTOBER 2025

Helping Businesses Beat Tariffs: EnterpriseSG Launches
New Grant with CFOTI as Implementation Partner

 

Amid rising trade tensions and shifting tariff regimes, Singapore companies can now tap the new Business Adaptation Grant (BizAdapt) to cushion the impact of higher import costs. The grant was introduced following business feedback conveyed by SBF through the Singapore Economic Resilience Taskforce (SERT).

 

Launched by Enterprise Singapore (EnterpriseSG), the scheme allows affected firms to claim up to 50% of qualifying costs—and 30% for larger enterprises—capped at S$100,000 per company.

 

The Centre for the Future of Trade and Investment (CFOTI), a strategic initiative under SBF and the official implementation partner of BizAdapt, will work with EnterpriseSG to provide firms with trade intelligence, policy insights, and connections to trusted advisory partners.

 

Our CFOTI team will offer tailored guidance to businesses through:

 Eligibility checks

 Company-level tariff and reconfiguration advisory

 Guidance on the most suitable BizAdapt pathways

 

Not sure if your company qualifies? Contact [email protected] for a pre-application consultation with our advisors.

 

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WHAT'S NEW

Stronger ASEAN Cohesion Key to Boosting Regional Competitiveness and SME Growth

 

At the Asia Future Summit, SBF Chairman S.S. Teo underscored the urgent need for stronger ASEAN cohesion to unlock the region’s economic potential. Despite a 700 million-strong market, he noted that fragmentation and uneven development continue to hinder progress. Citing the Johor–Singapore Special Economic Zone as a model for deeper cooperation, Mr Teo called for collective action to ensure inclusive growth—emphasising that “there is no point to do well if your neighbours are not doing well.”

 

SBF SURVEYS

Shape Singapore’s Economic Future

SBF invites businesses to share feedback for the Economic Strategy Review (ESR) public consultation.

 

Your input will guide policy recommendations on competitiveness, technology adoption, entrepreneurship, workforce readiness, and economic restructuring to build a resilient, innovative, and inclusive economy for Singapore.

 

For queries, please reach out to

[email protected]

 

Have Your Say — Join SBF National Business Survey 2025

 

In a time of global shifts and rapid transformation, your perspective matters. Share your insights in the SBF National Business Survey 2025 – Annual Business Sentiments Edition. Your input will help shape SBF’s advocacy and influence policies that drive growth, innovation, and resilience. All responses are confidential and reported in aggregate—join us in charting the future of Singapore’s business community today.

 

SMART-ENABLED

50,000 SMEs to Get Free Cybersecurity Boost in National Digitalisation Push

Nearly 50,000 SMEs in Singapore will receive a year of complimentary cybersecurity protection starting November, under a national initiative to promote secure digital transformation. In collaboration with government agencies, Singtel’s programme shields businesses from malware and phishing threats while strengthening cyber awareness through training and resources.

 

SBF can also support your business with cybersecurity insights and solution integration — contact [email protected] to learn more.

 

SUSTAINABILITY-CENTRIC

SEFR Expands to Boost Corporate Sustainability Reporting

IMDA is enhancing tools to help companies accurately measure emissions from cloud services and data centres, supporting Singapore’s push for standardised sustainability reporting. SBF, which launched the Singapore Emission Factors Registry (SEFR) last year, highlights that expanded localised emission factors will simplify calculations and boost reporting credibility. Developed with A*STAR and IMDA, SEFR now aids over 700 companies, with new factors for cleaning, security, professional services, and ICT to be added by 2026.

 

SBF MEMBERSHIP

Expand Your Network, Multiply Your Growth

On 9 September, over 150 members joined our Orientation & Business Matching session — creating valuable connections and sparking new collaborations within hours. These sessions are designed to help you expand your network, discover partners, and unlock growth opportunities. Don’t miss the next round of Business Matching. If you’re not yet a member, now is the time — join us as an Associate Member and gain exclusive access to these opportunities.

 

SUPPORTED EVENT

SGTech Internationalisation Programmes and Market Interests

Got global ambitions? We want to hear from you. Share which markets interest you, so we can plan future programmes that align with your expansion goals and keep you informed of new opportunities.

 

TRAININGS BY SBF BUSINESS INSTITUTE

[17 October 2025]

 

[22 October 2025]

 

[23 October 2025]

 

[28 - 30 October 2025]

 

[29 October 2025]

 

[03 - 05 November 2025]