BIZSpoke | SBF wishes all our valued members a joyful holiday season filled with peace and happiness!

13 DECEMBER 2024

From left: Chief Policy Officer, Advocacy & Policy, Musa Fazal, Executive Director, Human Capital, Thian Tai Chew, Chief Strategic Partnership Officer, Strategic Partnerships & Events, Annie Wang, Chief Executive Officer of SBF Foundation & Chief Social Impact Officer, Jean Tan, Executive Director, HR & Transformation, Peggy Ng, Executive Director, Membership & Corporate Services, Cheryl Kong, Executive Director, Centre for the Future of Trade & Investment, Heng Peng Kwang, Chief Executive Officer, Kok Ping Soon, Chief Information Officer, Information Technology, Ong Chin Ann, Chief Marketing & Communications Officer, Marketing & Communications, Carolina Ng, Executive Director, International Business, Samantha Teo, Senior Director, SBF Business Institute, Mabel Tang, Chief Smart Technologies and Sustainability Officer, Smart Technologies Programme, Lee Yee Fung, Executive Director, International Business, Kelvin Kee

WHAT'S NEW

SBF Partners with Accenture to Reskill 10,000 Women for Tech Careers

SBF has partnered with Accenture to launch the Women of Worth (WoW) programme, offering free tech training to 10,000 female Singapore citizens and PRs not employed by Accenture, who are returning to work after maternity leave or career breaks. Aligned with the SG Women in Tech campaign, the initiative supports workforce reintegration and helps tackle the global tech talent gap.

Challenges Ahead for Singapore’s E-Commerce Industry Amid Evolving Trends

Singapore’s e-commerce sector faces challenges like competition and shifting consumer behaviors. To help local SMEs, platforms like Shopee and Amazon have launched initiatives. The Amazon Global Selling Singapore Cross-border Launchpad, in partnership with Enterprise Singapore and SBF, aims to support 100 Singapore SMEs entering the U.S. market and equip 300 local companies with cross-border e-commerce skills by 2025.

Building a Resilient Business Collective by Empowering SMEs In Uncertain Times

SMEs drive Singapore’s economy, making up 99% of businesses and employing 71% of the workforce. While sectors like F&B are recovering, challenges in internationalisation persist. According to SBF National Business Survey 2024, nearly half of SMEs seek help with internationalisation and regulatory compliance. In response, SBF has refreshed its brand identity to better align with the evolving needs of local businesses, focusing on collaboration and collective growth.

ASEAN Leads as Top Expansion Region for Singapore Businesses

The SBF SME Internationalisation Index highlights that ASEAN is the top region for Singapore businesses, both in terms of current overseas presence and future expansion interest. Key factors driving this appeal include market potential, trade infrastructure, and market readiness. Additionally, companies with existing international operations are more likely to express interest in further expanding abroad compared to those without such operations.

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SUPPORTED EVENT

Partnering You For Business Success Through IHRP CPP

SBF invites you to join the IHRP Corporate Partner Programme (CPP) to empower your organisation’s HR and stay compliant with upcoming Workplace Fairness Legislation. Access curated HR resources, knowledge-sharing sessions, networking, job postings on IHRP’s website, and savings on certification fees. Seize this opportunity to strengthen your HR, manage risks, and stay competitive!