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The Official e-Newsletter of
Singapore International Chamber of Commerce

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Issue 290, 31 Mar 2020
Dear Members and Friends

The business community asked the government for help with salaries and costs. The government responded with a significantly larger than anticipated stimulus package in last week’s Resilience Budget. It is now time for all of us to our part.
  • Those of you who can, protect your teams’ jobs. Take full advantage of the myriad of available schemes to develop your skills and those of your teams and those schemes which help your business survive. If you need help navigating the schemes, give a shout to me at [email protected] or to my colleague Philip at [email protected].

  • Those of you who have to retrench workers, do so with empathy and in consultation with MOM and the relevant unions. Update yourselves on the multi-pronged help available for retrenched workers and provide it to them.

  • Private sector landlords, it is time to step up. Support your tenants by passing on the full property tax rebates and sign fair tenancy agreements with your tenants. Do it now.

  • Businesses which have the financial capabilities look beyond your own company and provide work to others. Now is the time to retrofit your offices, to tidy up your branding and to support the less well off in our society.
We are all in the same boat. We’ve had the bail out. Don’t sink the boat by failing to act with empathy and responsibility. #SGUnited

Keep safe and well.

Yours faithfully
Victor Mills
Chief Executive



*Webinar* Trade Matters: Shifting Supply Chains in Economic Uncertainty, 19 May 2020
Deborah Elms, Executive Director of Asian Trade Centre will share insights on seizing opportunities to create new supply chains that are less exposed to economic uncertainties and risks.
Read more

SICC Annual General Meeting, 26 August 2020
The Chamber's 2020 Annual General Meeting will take place on 26 August at the Pan Pacific Singapore. This meeting is open to members only.
Read more

SICC Awards Gala, 18 November 2020
Winners of the 2020 SICC Awards will be announced at this high-profile gala dinner graced by Guest of Honour Mr Chee Hong Tat, Senior Minister of State, Ministry of Trade & Industry.
Read more

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Interest Group Meetings

3 Apr 2020,
Digitalization Interest
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7 Apr 2020,
Circular Economy Interest Group Meeting

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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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