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Issue 203, 31 Jul 2018

Dear Members and Friends

Not so long ago whenever I mentioned the words "circular economy" I'd get blank looks from business people. That's changing. And a good thing too. More business people are focussed on survival: the survival of our planet and our species. They know that in less than 12 years there will be 9 billion humans on this planet. They know the pressure on resources of all kinds will increase exponentially. They also know the business community has to act in its own interests and those of children and succeeding generations everywhere.

Most of the world's environmental problems have been caused by us humans. We can rectify many of these challenges by taking a different approach. Instead of producing ever-increasing amounts of waste that typify the existing linear economic model, we have the capabilities and the opportunity to create goods and services which produce materials for recycling. That is the definition of the circular economy: a virtuous cycle rather than a vicious one.

Keep 17 October 2018 free from 8.30am to 2.00pm for the inaugural SICC Circular Economy Forum. That's where industry leaders, innovators, organisations and governments which understand the urgency to act will come together to discuss, debate and share creative solutions on how we can all create a practical, commercial roadmap to achieve a circular economy. Be there! For further information, speaking and sponsorship opportunities, please contact [email protected].

Have a thinking week ahead.
With warmest regards
Victor Mills
Chief Executive


Dialogue with the Ministry of Finance, 3 August 2018
Ms. Doreen Tan, Chief Tax Policy Director, MOF and Ms. Chow Wai Yee, Assistant Commissioner, Corporate Tax Division, IRAS will share the key highlights of Budget 2018 tax changes as well as Singapore's responses to ongoing international developments.
Read more

Workplace Safety and Health Seminar, 17 August 2018
Join us and our guest speakers from the Ministry of Manpwoer, Workplace Safety and Health Council, insurance and SGSecure for a seminar on workplace safety and health.
Read more

ATA Carnet Seminar: The Passport for Goods, 24 August 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


Australia Fare, 31 Aug
Find out more

Break the CeilingTouch the Sky 2018, 10 Sep
Find out more

Featured Ad

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[email protected]
Membership Benefits Scheme

Special discounts for treatments at Fairmont Singapore's Willow Stream Spa
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Committee Meetings

26 Jul 2018,
Human Capital
Committee Meeting

6 Aug 2018,
Circular Economy
Committee Meeting

16 Aug 2018,
Tax Policy
Committee Meeting

20 Aug 2018,
Corporate Governance
& Regulatory Committee Meeting

23 Aug 2018,
Marketing Committee

27 Aug 2018,
Collaborative Innovation Committee Meeting

Click here for meeting schedule

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


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Singapore International Chamber Of Commerce
6 Raffles Quay #10-01 Singapore 048580 |  |   [email protected]