After an energetic month celebrating the Lunar New Year, we forge ahead with even greater enthusiasm and determination in our mission. Throughout this upcoming March, we will shine a spotlight on events commemorating International Women’s Day, as well as our exciting Sustainable construction event. In addition to that, EuroCham and the Singapore Business Federation are hosting a captivating array of events.

This event is not just a celebration of women's achievements but a call to action for creating a more inclusive and equitable world for everyone. Whether you're an advocate for gender equality or simply curious about the power of inclusion, we can guarantee you will leave this event with new insights. Don't miss this opportunity to be part of the conversation and gain valuable insights on how each one of us can contribute to building a more inclusive society.

Let's celebrate International Women's Day 2024 by coming together to inspire change and create a future where inclusion is at the forefront of our collective efforts.

About the event

This event is organised by DutchCham.

The construction industry, a cornerstone of societal development, finds itself at a crossroads where progress comes at the expense of a substantial environmental footprint.

In this panel discussion, the concept of sustainable construction will be defined, emphasizing the imperative use of recyclable and renewable materials, while also examining strategies to minimize energy consumption and waste production in building projects.

Furthermore, the panel will address waste management and pollution control, examining the generation of hazardous waste in construction and proposing effective waste disposal and management strategies to prevent pollution.

This panel discussion aims to foster a collaborative dialogue among industry experts, policymakers, and stakeholders to identify practical solutions and innovative approaches for promoting sustainable construction practices.

Join us in this conversation as we navigate the path toward a sustainable future, redefining the construction industry's role in global environmental stewardship.

About the event

Sponsors and Partners

The Ministry of Manpower (MOM) has introduced the Complementarity Assessment Framework (COMPASS), which introduces significant changes to the Employment Pass (EP) application and renewal process. This masterclass will help employers to understand the complexities of the COMPASS Framework and the new guidelines for the EP application and other work pass changes. Attendees will learn how to adapt to the changes brought about by the new policy framework and better manage their talent management and employment process. The masterclass will also provide a clinic session for attendees to consult with the HR and work pass specialists of Payrollserve to get their talent management questions clarified and receive personalised advice on navigating the new COMPASS Framework. Additionally, attendees will have the opportunity to network with other employers and HR professionals who are facing similar challenges and exchange valuable insights. 

Date: 5 March 2024

Time: 9:00 am - 1:00 pm

Venue: SFB Center, 160 Robinson Road, #06-01 Singapore 068914

Fee: $230 (SFB Member) / $330 (Non SFB Member) 

In the era of AI and digital transformation, it is important for leaders of global enterprises to adopt a strategic approach to enhance the skills of their workforce, thereby advancing digital maturity.

 It caters to ambitious professionals and industry leaders looking for more than just an office space - they are looking for a place for their organization to thrive.

TEC has cultivated an environment designed for success with a global network spanning Greater China, Southeast Asia, North Asia, India, Sri Lanka, the Middle East, and Australia, with sights to go further and grow faster. Each Executive Centre offers a prestigious address with the advanced infrastructure to pre-empt, meet, and exceed the needs of its Members. Walking with Members through every milestone and achievement, The Executive Centre empowers ambitious professionals and organizations to succeed. Privately owned and headquartered in Hong Kong, TEC provides first class Private and Shared Workspaces, Business Concierge Services, and Meeting & Events facilities to suit any business' needs.

For more information, please visit their website or contact Nindya H. at Nindya_Hadinoto@executivecentre.com 

Singaporean companies will receive a 50% corporate income tax rebate, capped at $40,000, in the year of assessment 2024.

This forms part of a $1.3 billion package aimed at helping companies cope with the rising cost of doing business.

Deputy Prime Minister Lawrence Wong, who also serves as the Finance Minister, introduced the Enterprise Support Package (ESP) in Budget 2024.The ESP provides immediate relief to businesses facing challenges such as higher wages for staff and increased rental and utility bills.

In addition to the tax rebate, the government will pay a minimum of $2,000 in cash to companies that employed at least one local employee in 2023.

Businesses with higher funding costs can utilize the Enterprise Financing Scheme (EFS) – SME Working Capital Loan, which now has a permanently raised maximum working capital loan quantum of $500,000.

The maximum trade loan quantum under the Enterprise Financing Scheme - Trade Loan (EFS-TL), currently at $10 million, will be extended until March 31, 2025.

The EFS-TL supports businesses in enhancing productivity and transforming their workforce by redesigning jobs. It offers a one-off credit of up to $10,000, covering up to 90% of out-of-pocket expenses.

While these measures provide near-term support, DPM Wong emphasizes that they are not permanent solutions.For long-term resilience, the focus should be on ensuring that firms and workers become more productive, leading to sustainable growth in real incomes. 

For more information visit this link

Singapore’s headline and core inflation both eased more than expected in January, even after the hike in the goods and service tax to 9%. Data from the Monetary Authority of Singapore (MAS) and the Ministry of Trade and Industry (MTI) revealed the following:

Core Inflation (excluding accommodation and private transport) dipped to 3.1%, down from the 3.3% recorded in December and below economists’ median estimate of 3.6%.

This decline was driven by lower services and food inflation, despite the GST hike in January, as reported by MAS and MTI.

The authorities maintain their full-year inflation forecasts:Headline and core inflation are expected to average between 2.5% and 3.5%.

Excluding the transitory effects of the GST hike, headline and core inflation are projected to fall between 1.5% and 2.5%.

Core inflation is anticipated to rise slightly in February due to the “Chinese New Year effect,” with higher year-on-year price pressures on food.

Factors such as manageable global commodity prices, ongoing strength of the Singapore dollar, and easing domestic cost pass-through should contribute to lower core inflation in 2024 compared to 2023.

For more information visit this link

Free-flow dinner buffet feat. 10 Stations of All-Things Spanish

Live Flamenco Dancers | Live Paella Station | Live Parrilla Grill Station | Live 5J Jamón Station | Churros & Desserts | Sangria & Wine Station and more!

You can book here