The Position Paper was first conceived in May 2015 with the intent of offering a set of recommendations to the newly formed Government on the issues that will be important to businesses over the next 10 to 15 years. The paper focuses on the immediate to long-term issues that need to be addressed for sustained economic growth. This growth is crucial for the funding of Singapore’s social spending that is projected to increase, so that we can build an inclusive society. The overall intent is for the business community to work with the newly formed Government to enable better lives and an even more prosperous Singapore.
Led by SBF Chairman, Mr S S Teo, the project involved over 70 business leaders, entrepreneurs, academia and economists. The media and major trade associations, as well as local and foreign business chambers, representing the key business sectors in Singapore were also involved. The knowledge partner for the project was PwC Singapore.
The Position Paper will serve as inputs to the Government and the work of the Committee on the Future Economy. SBF is honoured to be identified by the Government as a partner to the Committee’s work. The paper was formally presented to Minister Heng Swee Keat at a half-day conference organised for the public release of the paper on 12 January 2016.
However, SBF’s work does not stop there. We will continue to work with you to represent the voice of the business community through your feedback and suggestions. We invite you to submit your ideas on the Position Paper, especially via our Ideas Bank, Discussion Forum and Polls.