For more information on the SBF ManpowerConnect Scheme, SGUnited Jobs Initiative and, SGUnited Traineeships/SGUnited Mid-Career Pathways - Company Attachments, please click on the respective links.

For the latest COVID-19 advisories issued by MOH, MOM, MTI and other relevant government agencies, click here for more information.

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SBF's MAP Initiative

The COVID-19 pandemic has resulted in unprecedented economic disruption for companies. As companies recover and explore new ways towards growth, SBF has launched the MAP initiative to provide members with a guided journey for economic recovery and transformation. As a pilot initiative, SBF is extending MAP to SBF members in the Wholesale and Retail Trade sectors.

Interested? Sign up here today!



What is MAP?


How does MAP help companies?



How does MAP work and which stage is right for the company?


Click to enlarge

At Stage M, the business owner can select the most preferred online webinar before deciding on the next stage.

Progressively, at Stage A, workshops are more theme-specific and cater to a smaller size of no more than 15 participants per workshop.

Interested? Sign up here today!

What is to be expected at each stage?

Stage

Title

Format

Instructor/ Agency

Date

Cost

M

Helping Businesses Take on the Next Normal

Online Webinar

Kuik Shiao-Yin

(The Thought Collective)

 

GIC Panelists

5 – 6 May

9am – 12pm

Complimentary

M

Best Practices Sharing Session by Industry Leaders

Online Webinar

 



Mr Whang Shang Ying (Lam Soon Group)

 


4 May

 



Complimentary

A

Design Thinking

Small-Group Workshop

Dsg / IMDA

Mid-June 

Complimentary

(optional)

User Journey Mapping

 

Frame and Scope

One-on-one Consultation

 

One-on-one Consultation

Dsg

 

 

Dsg

Mid-June onward

 



Mid-June onward

Depends on the project. Up to 80% funding available (eligible for RISE)

A

Strategic Alignment

Small-Group Workshop

Lawrence Kong (NexMU)

Mid-June

$500 (eligible for RISE)
*For eligible SBF members, this Capability Upgrading workshop qualifies for a one-time support of up to $500 (excluding GST) under the Rising in Support of Enterprises (RISE) Programme

A

Human Capital Diagnostic Tool

1-on-1 Consultation

IHRP/ Korn Ferry

Mid-June

Complimentary

P

Open Innovation

-

IMDA

July

Approx. S$20,000 (as prize money)

P

Digitalisation

-

 

July onward

Depends on project

P

Business Process Redesign

-

SP/ NexMU

July onward

Depends on project

P

Skills & Training

-

SIM/ SSG/ SP

July onward

Depends on project

P

Market Expansion

-

SBF@GlobalConnect

July onward

Depends on project


For details on each module, please click here. (Last updated: 1 April 2021)

Interested? Sign up here today!

How much does each stage cost?

  • Stage M: Complimentary
  • Stage A: S$0 - S$500. Eligible companies may apply for RISE grant (for details, please see "what is to be expected at each stage")
  • Stage P: Varies according to project scope

 

What is the timeline?

1 April 2021

Registration for Stage M Opens

22 April 2021

Online Orientation (Optional)

This session aims to answer any queries about the MAP initiative from business owners. Representatives from DSG, IMDA and SBF will be present.

Sign up for Online Orientation here.

30 April 2021

Registration for Stage M Closes

3 – 14 May 2021

Stage M Webinars

3 May 2021

Registration for Stage A Opens

28 May 2021

Registration for Stage A Closes

1 June – mid-June 2021

Stage A Workshops

End-June 2021 onward

Commencement of Stage P

 

How to sign up?

To sign up for Online Orientation (Optional), please click here.

To sign up for Stage M Webinars, please click here.

We will open the registration for Stage A on 3 May 2021.

Note: By signing up for Online Orientation only, the company is NOT assumed to have signed up for Stage M Webinars.

FAQ and Contact us

Please click here to see the FAQ.

For any queries on MAP, please email us at 

Fair Tenancy Industry Committee

On 26 June 2020, key representatives from Singapore’s landlord and tenant communities, together with industry experts, formed the Fair Tenancy Pro Tem Committee in a bid to strengthen collaboration and increase the vibrancy and competitiveness of Singapore’s retail, food & beverage (F&B) and lifestyle sectors. The result is an industry-led Code of Conduct for Leasing of Retail Premises in Singapore ("Code") based on the principles of transparency, reciprocity and sustainability. A report along with the Code was submitted to Minister for Trade and Industry and Minister for Law on 26 March 2021.

The Fair Tenancy Industry Committee (FTIC) will be set up to be the custodian of the Code and ensure that it provides guidance to landlords and tenants of qualifying retail premises so that fair and balanced lease negotiations can be achieved. It is represented by both landlords and tenants, as well neutral parties to offer a holistic approach when addressing matters related to retail lease agreements.

Vision

  • To create a vibrant retail industry where landlords and tenants form symbiotic and sustainable relationships.

Goals

  • To equip the industry with the knowledge of the Code that serve as a mandatory guide to fair retail tenancy negotiation.
  • To ensure that the Code is kept up to date with the latest market practices, guided by the principles of transparency, fairness, reciprocity and sustainability.
  • To monitor the performance of the Code and submit recommendations to the Government to enhance the regulatory framework.

Existing lease agreements where the Code applies should work towards incorporating and aligning with the leasing principles wherever possible. New lease agreements or renewal of lease agreements are encouraged to comply with the Code from 1 June 2021 onwards.

A governance framework has been established to ensure compliance to the Code by landlords and tenants and provide an accessible dispute resolution framework for both landlords and tenants. This is in recognition that landlords and tenants share a symbiotic interest in building and maintaining a long term and productive partnership.

 

 
Code of Conduct

Filing of Declaration of Deviation

 
Lease Negotiations

 
Dispute Resolution

 
FAQ and Contact Us
 
Useful Links and Resources

Code of Conduct for Leasing of Retail Premises in Singapore

The key objectives of the Code are to serve as a set of mandatory guidelines to provide guidance to landlords and tenants of qualifying retail premises to enable a fair and balanced position in lease negotiations; and provide landlords and tenants of Qualifying Retail Premises with a governance framework to ensure compliance by landlords and tenants and provide an accessible dispute resolution framework for both landlords and tenants.

The Code is divided into four main sections:
Part A: Conduct and Spirit of Negotiations
Part B: Leasing Principles for Key Tenancy Terms
Part C: Data Transparency
Part D: Dispute Resolution & Enforcement of Code of Conduct 

  • Conduct and Spirit of Negotiations: Landlords and tenants must adopt a consensual approach to negotiate in good faith, which includes acting honestly and fairly having regard to the legitimate interests of the other party and observing accepted or reasonable commercial standards of fair dealing in the performance of identified obligations. Neither party shall attempt to unfairly profit, or take unfair advantage of the other party, from the known ignorance of the other party.
  • Leasing Principles for Key Tenancy Terms: There are a total of 11 key tenancy terms such as exclusivity, pre-termination by landlords due to landlord’s redevelopment works, sales performance, pre-termination by tenants etc. where the Code of Conduct set out the leasing principles for landlords and tenants.
  • Data Transparency: Landlords must share sales data metrics by trade category (i.e., total monthly sales, total floor area) on a one-on-one basis before the signing of the lease agreement and to existing tenants on a bi-annual basis if they collect sales data from tenants as part of the Gross Turnover rent structure.
  • Dispute Resolution & Enforcement: For non-compliant practices, parties can report these cases to the FTIC. FTIC will collate and monitor the reported cases. All lease agreements issued must be accompanied by a checklist of clauses within the Code of Conduct and all clauses which deviate from Code of Conduct must be flagged by landlord for tenant’s attention. For clauses where the Code of Conduct allows for deviation, a joint declaration of deviation shall be filed with FTIC within 14 days of signing of lease agreement if both parties agree with the deviation. Should there be a dispute or disagreement arising from the lease agreement, either party may escalate the matter to SMC. Once escalated, both parties must approach SMC and shall comply with the resolutions of the SMC

For the full details of the Code, please download the Code of Conduct for Leasing of Retail Premises in Singapore

Filing of Joint Declaration of Deviation from the Code

All lease agreements issued must be accompanied by a checklist of clauses within the Code of Conduct and all clauses which deviate from the Code of Conduct must be flagged by landlord for tenant’s attention. For clauses where the Code of Conduct allows for deviation, a joint declaration of deviation shall be filed with FTIC within 14 days of signing of lease agreement if both parties agree with the deviation.

The filing of joint declaration of deviation will be available from 1 June 2021.

Lease Negotiations

The Code applies to Qualifying Retail Premises in Singapore regardless of whether such Qualifying Retail Premises are located in standalone commercial buildings (e.g. shopping centres, office buildings, industrial and business parks, mixed-use developments, shop houses and shop flats (whether owned or leased by statutory boards), schools, hospitals, MRT stations, airports or other types of buildings.

Tenants should understand the typical terms and conditions in a lease agreement and be aware of some of their implications. The Code supports tenants and landlords in working out a mutually agreed, fair lease agreement through open and transparent negotiations.

Landlords must complete the checklist in the form as set out in Appendix 1 of Part D (“Checklist”) of the Code and provide it to the Tenant at the same time when Landlord sends the first draft of the lease agreement to the Tenant. For clauses where the Code allows for deviation and both parties mutually agree to such deviation, both parties must indicate its acknowledgement in the Checklist and file a joint declaration of deviation with FTIC within 14 days of signing lease agreement. The Code only allows for deviation in the leasing principles for Exclusivity, Sales Performance, Security Deposit and Rental Structure.

Tenants must conduct their own due diligence to review the lease agreement. The Code of Conduct should not be used as a substitute for consultation with the relevant professionals and FTIC is not liable for any decision made or action taken or refraining from making such decision or taking such action in reliance of the information contained in this Code.

In the event of any non-compliance by the landlord or the tenant with the Code during lease negotiations (e.g., landlord demands that tenant agree to a “mutually agreed” deviation), either party may refer the matter to the Fair Tenancy Industry Committee (FTIC).

The FTIC will monitor the incidences of non-compliance by landlords and tenants with the Code during lease negotiations. If there are many reports made against a particular party, FTIC may name and shame the party for acting in a manner that is against the Code of Conduct and the spirit of the fair tenancy framework.

Please refer to the Code of Conduct for Leasing of Retail Premises in Singapore for the full details.

Dispute Resolution

 

In the event of any disputes after the lease agreement is signed, either party may escalate the matter to the Singapore Mediation Centre (SMC). Once escalated, both parties must approach SMC to resolve the dispute or disagreement. This includes matters such as failure to file joint declaration of deviations within 14 days of signing of lease agreement, non-filing of joint declaration of deviations, non-compliance to the Code of Conduct or any other tenancy disputes.

 

Landlord and tenant shall comply with the resolutions of the SMC.

The FTIC has partnered with SMC to ensure that there will be timely resolution of dispute over matters covered under the Code at a reasonable cost. After the matter has been escalated, the average waiting time is up to two weeks for SMC to facilitate the discussion between the landlord and tenant.

About the Singapore Mediation Centre

SMC has mediated more than 4,800 matters worth over $10 billion since its launch on 16 August 1997. About 70% of our cases are settled with 90% of them resolved within one day, attesting to the effectiveness of mediation. SMC is one of four designated mediation service providers under Singapore’s Mediation Act 2017. This means that mediation settlements administered by SMC can be converted into a court order that is immediately enforceable. 

As Singapore’s flagship mediation centre, SMC sets the standard for excellence in dispute resolution services in Singapore. It has partnered with industry leaders to launch mediation schemes to address disputes in various sectors such as healthcare, private education and real estate. SMC, launched by then Chief Justice Yong Pung How, is supported by the Singapore Judiciary, the Singapore Academy of Law, the Ministry of Law and professional and trade associations.

FAQ and Contact Us

Frequently Asked Questions

For any other enquiries, please contact .

 

Useful Links and Resources

Type of business space

Website

Retail

URA Retail

Commercial

URA Commercial
HDB Commercial

Industrial

JTC Industrial

Salesforce Small Business Relief Grants Programme


Singapore Business Federation (SBF) and Salesforce came together to launch the Salesforce Small Business Relief Grants Programme to support small businesses to stay afloat and resuscitate their businesses which are affected by the COVID-19 pandemic. Launched in November 2020, S$960,000 was set aside for 120 companies to receive ‘one off’ payment grants of S$8,000.

The funds will be utilised for rental and operational costs, maintaining employee payroll, skills upgrading, technology adoption, digitalisation, and consultation for business transformation. Applications were opened on 23 November 2020 and closed on 23 December 2020, with the selection process completed by 31 January 2021. SBF is delighted to announce the 120 successful recipients of the Small Business Relief Grants made possible by Salesforce.

 Meet the successful grant recipients of our Salesforce Small Business Relief Grants

Applications were received from a diverse group of businesses with SMEs in industries ranging across manufacturing, healthcare, freight forwarding and many more. The grant recipients have best demonstrated their financial strain, how the business will use the grant to change or innovate, how the change or innovation will sustain the business’s recovery and allow it to prosper, and how the grant will support the role each business plays in their community. 

The 120 successful recipients will be able to use the grant for rental and other operating costs, employee payroll, skills upgrading, technology adoption, digitalisation and business transformation.

Congratulations to the 120 successful recipients of the Salesforce Small Business Relief Grants programme. All recipients have been contacted and awarded with the grant of S$8,000 to support their recovery efforts. The full list of grant recipients is available here. For more information about the stories of the successful recipients, please visit Salesforce’s official blog announcement.

To find out more about the initial launch of the Salesforce Small Business Relief Grants Programme, click here.

For enquiries on the Salesforce Small Business Relief Grants Programme, please contact .

Webinars

Our past webinars are available in the video library below, bringing you the opportunity to watch webinars you might have missed. Click on the image or title of the event to view the webinar at your convenience.

The UK-Singapore Free Trade Agreement and Beyond

The UK-Singapore Free Trade Agreement and Beyond

2 March 2021

What does the UK-Singapore Free Trade Agreement mean for businesses trading between Singapore and UK? Learn through this webinar session what the UK-Singapore trade deal means for businesses.
FTA Day 2020: Building Resilience & Advancing with the Digital Economy

FTA Day 2020: Building Resilience & Advancing with the Digital Economy

22 October 2020

FTA Day 2020 started with a live interview with Minister for Communications and Information & Minister-in-charge of Trade Relations Mr S Iswaran, followed by two insightful panel discussions by business leaders, entrepreneurs, and government officials across the fields of trade, investment, and the digital economy.
Understanding the CSFTA Upgrade Protocol

Understanding the CSFTA Upgrade Protocol

13 August 2020

This webinar covers the upgraded China-Singapore Free Trade Agreement (CSFTA) on its improved Rules of Origin, efficient customs procedures, enhanced investment protection, improvement into China’s legal, maritime and construction services sector, as well as how to leverage technology to simplify trade compliance workflow.
COVID-19 Insights: Preparing for the Storm – Gearing Up for Disputes After COVID-19

COVID-19 Insights: Preparing for the Storm – Gearing Up for Disputes After COVID-19

7 August 2020

In partnership with the ICC Singapore Arbitration Group, this webinar aims to help businesses formulate time- and cost-efficient dispute resolution processes.
CPTPP: How Does It Impact Your Business?

CPTPP: How Does It Impact Your Business?

30 July 2020

This webinar discusses practical ways in which how the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) can benefit businesses in the APAC region.
Cross-Border Trade & Data Flows (Part 1 of 2)

Cross-Border Trade & Data Flows (Part 1 of 2)

22 July 2020

This webinar discusses the importance of data protection rules, such as EU General Data Protection Regulation and APEC Cross Border Privacy Rules, and how they impact businesses in Singapore.
Cross-Border Trade & Data Flows (Part 2 of 2)

Cross-Border Trade & Data Flows (Part 2 of 2)

22 July 2020

This webinar discusses the importance of data protection rules, such as EU General Data Protection Regulation and APEC Cross Border Privacy Rules, and how they impact businesses in Singapore.
Stewardship in Crisis: Sustainable Employment for the Future

Stewardship in Crisis: Sustainable Employment for the Future

16 July 2020

This second webinar organised by the SBF Sustainable Employment Programme Office explores the roles of sustainable employment and corporate stewardship in a crisis situation.
Beyond COVID-19: Building Your Business Resilience & Seizing New Opportunities from the New Tech Infrastructure

Beyond COVID-19: Building Your Business Resilience & Seizing New Opportunities from the New Tech Infrastructure

14 July 2020

The second part of the China Economic Outlook Webinar Series discusses how Chinese companies have responded to the COVID-19 pandemic by adopting digital solutions.
Trade Digitalisation

Trade Digitalisation

3 July 2020

In the second instalment of the Digital Economy Series, this webinar introduces TradeTrust, which is a set of globally-accepted standards and framework that supports the exchange of electronic trade documents.
Mediation & Arbitration to Resolve Disputes in Infrastructure Projects

Mediation & Arbitration to Resolve Disputes in Infrastructure Projects

2 July 2020

This third instalment of the SBF Infrastructure Committee Webinar aims to help participants resolve COVID-19 related disputes through the mediation and arbitration process.
e-Solution Series: Webinar on Navigating Through the New Normal with Agile Finance

e-Solution Series: Webinar on Navigating Through the New Normal with Agile Finance

19 June 2020

This webinar examines the impact of COVID-19 on finance and accounting professionals and provides tips on navigating the era of cloud-based accounting during this period of uncertainty.
Tariff Finder Workshop

Tariff Finder Workshop

18 June 2020

This webinar explains how businesses can navigate the Tariff Finder tool for the import and preferential tariff rates, Rules of Origin and/or Product Specific Rules applicable for a product to be eligible to use an FTA and its relevant import information and requirements.
Indonesia: Your Next Manufacturing Destination

Indonesia: Your Next Manufacturing Destination

17 June 2020

Co-organised with the Indonesia Embassy and Enterprise Singapore, this webinar provides insights into the investment opportunities for the manufacturing sector in Indonesia.
Indonesia's Economy Amidst COVID-19: What Singapore Businesses Should Know

Indonesia's Economy Amidst COVID-19: What Singapore Businesses Should Know

5 June 2020

This webinar provides Singapore businesses with key insights into Indonesia's post-COVID-19 economy as well as updates on business opportunities and trends.
Claiming Relief Under COVID-19 (Temporary Measures) Act 2020 & Cost Mitigation of Projects

Claiming Relief Under COVID-19 (Temporary Measures) Act 2020 & Cost Mitigation of Projects

2 June 2020

This second webinar organised by the SBF Infrastructure Committee discusses the topics on Claiming Relief Under COVID-19 (Temporary Measures) Act 2020 and Cost Mitigation of Projects.
Introduction to FTA Webinar Series 3

Introduction to FTA Webinar Series 3

29 May 2020

In the third and final webinar series, learn how businesses can evaluate their goods to qualify for the use of an FTA.
Beyond COVID-19: Mitigating the Impacts and Preparing for New Business Opportunities in China

Beyond COVID-19: Mitigating the Impacts and Preparing for New Business Opportunities in China

26 May 2020

This first China Economic Outlook Webinar Series discusses how the COVID-19 pandemic has changed the business landscape in China.
Introduction to FTA Webinar Series 2

Introduction to FTA Webinar Series 2

22 May 2020

The second “Introduction to FTAs” webinar series shares on the current FTAs that Singapore has and the agreements that are currently under negotiation. It also discusses how FTAs enhance the price competitiveness of products by eliminating or reducing the customs duties.
Introduction to FTA Webinar Series 1

Introduction to FTA Webinar Series 1

15 May 2020

The first “Introduction to FTAs” webinar series provides an overview of free trade agreements (FTAs) and their benefits and network.
COVID-19: Opportunities with Alibaba.com

COVID-19: Opportunities with Alibaba.com

5 May 2020

This webinar shares the fundamentals of doing business on Alibaba.com.
Understanding & Minimising Impacts of COVID 19 on Singapore's Infrastructure Sector

Understanding & Minimising Impacts of COVID 19 on Singapore's Infrastructure Sector

28 April 2020

This first webinar organised by the SBF Infrastructure Committee examines the impact of COVID-19 on Singapore’s infrastructure sector.
COVID-19: Impact on Doing Business in Indonesia

COVID-19: Impact on Doing Business in Indonesia

22 April 2020

This webinar provides an insight into the latest COVID-19 situation that has impacted businesses in Indonesia.
Philippines Business Clinic

Philippines Business Clinic

21 April 2020

This webinar shares the fundamentals of doing business in the Philippines.
Business Culture and Market Development – Part 1 of 2

Business Culture and Market Development – Part 1 of 2

13 April 2020

This part one of a two-part webinar shares the fundamentals of doing business in Vietnam.
Business Culture and Market Development – Part 2 of 2

Business Culture and Market Development – Part 2 of 2

13 April 2020

This part two of a two-part webinar shares the fundamentals of doing business in Vietnam.


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To view our upcoming webinars, please visit our Activities page here.

Locate Us

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ADDRESS
160 Robinson Rd #06-01
SBF Center, Singapore 068914
phone
PHONE
+65 6827 6828
mail
EMAIL
Membership: mr@sbf.org.sg
SGUnited Traineeships Programme:
SGUTraineeship@sbf.org.sg
Training
: institute@sbf.org.sg
General: webmaster@sbf.org.sg
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Weekends & Public Holidays: Closed