Singapore Business Federation (SBF)

Almost two-thirds of Singapore businesses see the local economy’s activities continuing at their current low pace for the next year, according to a survey by the Singapore Business Federation.

“How fast our economy is able to bounce back from this crisis is also dependent on how adaptable and agile our businesses are to change amidst adversity,” says SBF chairman

Businesses say the government’s $48.4 billion Resilience Budget have been timely and impactful in helping to meet pressing concerns such as wage costs and cash flow issues, according to an online poll of some 380 participants conducted by the Singapore Bu

With business optimism sinking to all-time low levels, and landlords being pushed to pass on their full tax rebates to their tenants, here's what's going on in the market this week.

“These are unprecedented times for the business community. We’re facing one of the worst outbreaks in history, unprecedented border closures of entire countries and growing uncertainty in the global financial markets,” says SBF CEO Ho Meng Kit.

Quoteworthy: In today’s world of social media, fear, uncertainty and panic spread a lot faster on social media than the truth, which is boring and nobody wants to share. — Minister Lawrence Wong, co-chair of the Multi-Ministry Taskforce on Covid-19,

“In a time like this, we should look out for and help one another. Together, we can overcome this obstacle,” says Teo S. S., chairman of SBF.

Quoteworthy

SINGAPORE (July 30): Nearly one in three multinational corporations are currently involved in projects related to China’s Belt and Road Initiative (BRI), according to preliminary findings from a joint survey by the Singapore Business Federation (SBF) an

This includes the launch of a one-billion dollar Makara Innovation Fund (MIF) by the Intellectual Property Office of Singapore (IPOS) and homegrown private equity firm, Makara Capital.