Trade Association and Chamber (TAC) Alliance
On 5 September 2017 at the official opening of the SBF and SBF Foundation offices, SBF announced the formation of the Trade Association and Chamber (TAC) Alliance, comprising 31 Singapore TACs and business groups as founding members and signatories of a TAC Compact. An SBF-led initiative, the TAC Compact aims to unify Singapore-based TACs into an alliance, working together as strategic partners and collaborators to further the interests of members and facilitate the growth of the business community.
"I commend SBF on its initiative to strengthen collaboration among the Trade Associations and Chambers (TACs) so as to better support our industries and enterprises. TACs are important partners and multipliers in our industry transformation effort. By working together, TACs can pool their capabilities and develop innovative solutions to help our companies thrive in a fast-changing world."
Mr S Iswaran, Minister for Trade and Industry (Industry)