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The Official e-Newsletter of the
Singapore International Chamber of Commerce

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Issue 180, 20 Feb 2018

Dear Members and Friends


What did you make of yesterday’s budget announcement? I think it is fair to say that there was relief that the expected and necessary GST hike will not take effect until after the next general election. Relief too that measures were announced to support R+D which your Chamber called for in its budget wish list.

Your Chamber was mentioned early in the Minister’s speech when he said:
“Industry partners like the Singapore International Chamber of Commerce and the Big 4 accounting firms have given us useful suggestions. We have studied and will implement some of them.”

My thanks to all members, including those from the Big 4 accounting firms, who contribute to our annual budget wish list.

Click here to read the Chamber’s media statement on Budget 2018.

Seats are filling up very fast for your Chamber’s Post-Budget Event which will be held on 27 February 2018. Attend to hear in-depth analyses of the key measures, tax changes and policy directions of Budget 2018 from our expert speakers:

  • Mr Khoon Goh, Head of Asia Research, Australia and New Zealand Banking Group
  • Mr Shanker Iyer, Founder & Chairman, Iyer Practice
  • Mr Francis Tan, Economist, United Overseas Bank

Join a conversation after the speakers’ presentations moderated by
Mr Devadas Krishnadas, CEO of Future-Moves Group.

Warmest regards
Victor Mills
Chief Executive


Post-Budget Breakfast Talk, 27 February 2018
How will Budget 2018 affect your business? Get all the answers at the Chamber’s annual Post-Budget Breakfast talk. You will hear concise analyses of the key measures, tax changes and policy directions from our expert speakers. Read more

Driving HR Automation, 28 February 2018
C-suite executives and HR Directors and professionals are invited to this CNY Luncheon to gain insights into the latest HR automation trends. Discover how HR automation can result in improved productivity for your teams and better employee engagement. 
Read more

ATA Carnet Seminar: The Passport for Goods, 28 March 2018
Understand how the ATA Carnet works, and how your business can benefit from using it. This half-day seminar will equip participants with all they need to know to apply for and use the ATA Carnet. 
Read more

Leadership Series: Achieving Excellence in Execution with DBS as a Case Study, 4 April 2018
Drawing insights from DBS, learn useful tips and practical lessons on what leaders need to address to achieve excellence in strategy execution. Read more

2018 SICC Awards Ceremony & Gala Dinner, 9 May 2018
Expect a gathering of a high-profile audience comprising business leaders, innovators and thought leaders at the awards ceremony & gala dinner to be held at Marina Bay Sands.  Guest of honour Mr Ong Ye Kung, Minister for Education (Higher Education and Skills) and Second Minister for Defence will grace the event. Read more

Featured Ad

For advertising enquiries,
please email
[email protected]

SICC Welcomes New Members


  Premium Member:
Singapore University of Technology and Design
  BIPO Service (Singapore) Pte Ltd
  Inv Nylon Singapore
Pte Ltd
  One X Group Pte Ltd
  tryb Group

Membership Benefits Scheme

Special discounts at Fairmont Singapore’s
Willow Stream Spa
Click for more

Committee Meetings





9 February 2018,
Human Capital
Committee Meeting Highlights

12 February 2018,
Collaborative Innovation Committee Meeting Highlights

Click here for meeting schedule

Members who are interested to attend the meetings may contact 
[email protected].


 Partners' Events & Initiatives


Business Summit:
2 Mar

Find out more

Don't Be Tripping Over Transfer Pricing Risks:
8 Mar

Find out more

Click here for more


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Singapore International Chamber Of Commerce
6 Raffles Quay #10-01 Singapore 048580 | www.sicc.com.sg | [email protected]




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