Press Releases

Media Statement on the United States Trade Representative’s (USTR) Section 301 Determination on Forced Labour

The Singapore Business Federation (SBF) notes the outcome of the United States Trade Representative’s (USTR) Section 301 determination on forced labour. The USTR has imposed a 12.5% tariff on imports from Singapore, with exclusions for certain pharmaceutical, aerospace and other specified products. The determination reflects the USTR’s assessment that Singapore does not currently have a forced labour import prohibition regime in place.

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Press Releases

RTS Link Could Reshape Cross-Border Consumer Spending, Spotlighting Both Opportunities and Challenges for Singapore Retail and F&B

The Singapore Business Federation (SBF), Restaurant Association of Singapore (RAS) and Singapore Retailers Association (SRA) today released findings from their jointly commissioned study, “Impact of RTS on Singapore Retail and F&B Sector”. The study examines how the Johor Bahru-Singapore Rapid Transit System (RTS) Link could affect consumer spending, tourism flows, and business competitiveness in Singapore’s retail and food and beverage (F&B) sectors.<br />

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SBF Deepens Collaboration with KADIN To Catalyse ASEAN SME Cross-Border Trade

The Singapore Business Federation (SBF) and the Indonesian Chamber of Commerce and Industry (KADIN) have signed a two-year Memorandum of Understanding (MOU) to help Small and Medium Enterprises (SMEs) in Indonesia trade more easily across borders, strengthening intra-ASEAN trade linkages.  

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Six in Ten Businesses Taking Climate Action, but Skills and Emissions Measurement Gaps Remain

The Singapore Business Federation (SBF) released findings from its National Business Survey 2026 – Sustainability Supplement, which highlighted both progress and persistent challenges in Singapore’s corporate sustainability journey.

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Businesses Outlook Turned More Cautious Amid Global Uncertainty; Confidence in Access to Financing Support Held Steady

The Singapore Business Federation (SBF) released findings from its National Business Survey 2026 – Q1 Business Sentiments Edition, which revealed that overall business confidence has weakened at the start of the year as firms contend with ongoing global energy volatility and supply chain disruptions.

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Mr Mark Lee Elected Chairman of SBF for 2026-2028 Term

The Singapore Business Federation (SBF) held its 24th Annual General Meeting (AGM) today, where it welcomed the 13th Council for the 2026-28 term. The new Council comprises 12 elected members, 1 co-opted member and 11 representatives from Trade Associations and Chambers, bringing the total to 24 Council Members.

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