GoGlobalwithSBF

SBF recently held two 'La Kopi' sessions, offering focused insights into Oman's #builtenvironment, #energy, #oilandgas, and #logistics sectors. These discussions highlighted opportunities Oman offers across these key areas. Join us on the upcoming Oman OMW to explore these opportunities firsthand! For more information on the upcoming Oman Overseas Market Workshop, check out the following link: https://lnkd.in/gYKMMRFS #GoGlobalwithSBF #Singapore #Oman #LaKopi #OMW

🌍 La Kopi Session: A Collaborative Gateway for Singaporean Businesses   The La Kopi session on 12 December focused on Türkiye's potential for Singaporean businesses. Turkish associations and ministries support business matchmaking, incentives, and high-tech collaboration. Under the FTA framework, Türkiye offers opportunities in manufacturing, e-commerce, and technology. The Turkish government has made policy adjustments to improve economic indicators. With a large domestic market, Türkiye is a stepping stone to the European market. Key Takeaways: Infrastructure and Workforce: Türkiye has well-developed infrastructure and a young, educated workforce. Trade-Logistics Hub: Türkiye's role as a trade-logistics hub was highlighted. Special thanks to Ms. Esin Arslan (Commercial Counsellor, Türkiye Embassy Singapore), Mr. Sitki Kok (MUSIAD Singapore), Mr. Gurhan Bilgin (Sistem Global), and Mr. Ivan Ng (NGarde Ventures). 📩 Interested in opportunities in Türkiye or joining our initiatives? Email us at: globalconnect@sbf.org.sg. #BusinessOpportunities #SingaporeTürkiye #GlobalTrade #FTA #Innovation #GoGlobalwithSBF

SBF Executive Director Samantha T. recently visited the Embassy of the Hashemite Kingdom of Jordan in Singapore and met with Ambassador Samer to explore potential business opportunities and collaborations between Singapore and Jordan. This engagement underscores SBF’s dedication to helping Singapore companies expand into promising markets through meaningful connections and partnerships. 𝗢𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝗶𝗲𝘀 𝗶𝗻 𝗝𝗼𝗿𝗱𝗮𝗻 Jordan offers a wealth of potential for Singapore businesses: Fintech and Innovation: A young, tech-savvy population and an expanding startup ecosystem present opportunities to introduce innovative financial solutions. #RenewableEnergy: Jordan’s goal to generate 50% of its electricity from renewable sources by 2030 creates openings for clean energy collaboration. #Tourism and #Hospitality: Rich in cultural heritage and iconic historical landmarks, Jordan’s vibrant tourism sector provides avenues for businesses in travel and hospitality. 𝗦𝘁𝗿𝗲𝗻𝗴𝘁𝗵𝗲𝗻𝗶𝗻𝗴 𝗕𝗶𝗹𝗮𝘁𝗲𝗿𝗮𝗹 𝗧𝗶𝗲𝘀 Since establishing diplomatic ties in 1988, Jordan and Singapore have built a strong relationship based on shared values and mutual interests in peace, security, and development. Key agreements such as the Free Trade Agreement and Bilateral Investment Treaty (2004) and the Agreement on the Elimination of Double Taxation (2021) have further deepened economic cooperation. These frameworks create a solid foundation for businesses to explore and expand into new markets. Looking to internationalise your business or explore ? Write to globalconnect@sbf.org.sg to discover how SBF can help you unlock new markets and achieve global success. 🌍 #GoGlobalwithSBF #Singapore #Jordan #Business #Energy #Tourism #Hospitality

Spotlight on Day 2: Oman La Kopi #2 – Roundtable on Energy, Oil & Gas, Logistics, and Transportation 🌍 Day 2 of the "La Kopi" sessions focused on key sectors driving Oman's economic transformation. This roundtable covered sustainable and conventional energy, logistics, and oil & gas, offering Singaporean businesses a chance to engage with decision-makers and explore collaboration opportunities. Highlights from the Day 2 Agenda: 1️⃣ Ministry of Transport, Communications, and IT (MTCIT) Discussed initiatives supporting Oman Vision 2040, focusing on renewable energy adoption and smart logistics solutions. 2️⃣ Ministry of Energy and Minerals (MEM) Detailed updates on Oman’s energy transition strategies, including green hydrogen and renewable energy development. Oman targets 1 mtpa of green hydrogen production by 2030, scaling up to 3.75–8.5 mtpa by 2050, with significant investments and land allocations. 3️⃣ Singapore-based Industry Leaders Shared insights into the evolving work culture in Oman, employment practices, and practical advice on building partnerships and navigating local regulations. 4️⃣ SBF Advisory Clinic Tailored discussions where companies outlined their needs and sought specific guidance for entering the Omani market. Key Takeaways: Oman's modernization opens new avenues for infrastructure, digital, and energy sectors. Major focus areas include achieving 1 mtpa of green hydrogen production by 2030 and attracting $40 billion in investments for hydrogen and renewables. Personal insights highlighted the importance of adapting to Omani work culture and building long-term partnerships. Special thanks to our speakers: Muhannad Al Hinai from Ministry of Energy and Minerals Emad Al Rahib from Ministry of Transport, Communications and Information Technology - Oman Osama Fayez Elsayed from CrimsonLogic Pte Ltd Terence Kok from Meinhardt Group 📩 Interested in Oman's growth story or joining our upcoming initiatives? Visit our website: https://lnkd.in/gYKMMRFS. #SingaporeBusiness #GoGlobalWithSBF #OmanVision2040 #Energy #Logistics #OilAndGas

The Singapore Business Federation just wrapped up an insightful session with the Ambassador and Trade Counsellor from the Embassy of Finland, exploring Finland’s unique blend of innovation, trust, and opportunity. 🌍 Here are some key takeaways: 1️⃣ 𝗙𝗶𝗻𝗹𝗮𝗻𝗱’𝘀 𝗙𝗼𝗿𝘄𝗮𝗿𝗱-𝗧𝗵𝗶𝗻𝗸𝗶𝗻𝗴 𝗘𝗰𝗼𝘀𝘆𝘀𝘁𝗲𝗺 Finland stands out for its leadership in sectors like smart cities, circular economy, sustainability, and cutting-edge tech (5G/6G, robotics, quantum computing). The focus on co-innovation and public-private-people partnerships makes it an ideal place for businesses to pilot new ideas and scale globally. 2️⃣ 𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝗶𝗰 𝗣𝗿𝗼𝗴𝗿𝗮𝗺𝗺𝗲𝘀 𝗳𝗼𝗿 𝗘𝗻𝘁𝗿𝗲𝗽𝗿𝗲𝗻𝗲𝘂𝗿𝘀 𝗮𝗻𝗱 𝗜𝗻𝘃𝗲𝘀𝘁𝗼𝗿𝘀 The 90 Day Finn programme provides a hands-on introduction to Helsinki’s business ecosystem, complete with relocation support, co-working spaces and curated networking opportunities. For Asian founders and investors, the Founders to Finland initiative offers tailored support to set up or expand businesses while connecting with Finland’s thriving startup community. 3️⃣ 𝗔 𝗡𝗮𝘁𝗶𝗼𝗻 𝗕𝘂𝗶𝗹𝘁 𝗼𝗻 𝗧𝗿𝘂𝘀𝘁 𝗮𝗻𝗱 𝗘𝘅𝗰𝗲𝗹𝗹𝗲𝗻𝗰𝗲 Ranked as the world’s happiest country and one of the most stable and innovative, Finland offers a low-corruption, transparent environment. With strong city and government backing, an exceptional talent pool, and a carbon-neutral goal by 2035, it’s a place where businesses and individuals can truly thrive. 4️⃣ 𝗦𝗶𝗻𝗴𝗮𝗽𝗼𝗿𝗲-𝗙𝗶𝗻𝗹𝗮𝗻𝗱 𝗖𝗼𝗹𝗹𝗮𝗯𝗼𝗿𝗮𝘁𝗶𝗼𝗻 𝗣𝗼𝘁𝗲𝗻𝘁𝗶𝗮𝗹 Finland actively seeks partnerships with Singapore and Asia, creating opportunities for businesses to co-create, expand, and invest in Europe’s dynamic ecosystems. The Ambassador highlighted a recent collaboration between Finland and Singapore that brings advanced healthcare solutions to address the needs of aging populations in both countries. This included innovative diagnostic methods capable of detecting multiple chronic diseases from a single blood sample, offering scalable and cost-effective alternatives to traditional assessments. Such advancements enable targeted interventions and improved prevention strategies, driving progress in population health management. Finland’s unique positioning as a hub of happiness and innovation makes it a compelling destination for businesses looking to grow. Excited to explore how Singaporean companies can collaborate and make an impact in this market! 💡 #GoGlobalwithSBF #Singapore #Finland #Europe #Medtech #Innovation #Entreprenurship

Discover new business in Malaysia! Join our upcoming Overseas Market Workshop 🛫 heading to 𝙆𝙪𝙖𝙡𝙖 𝙇𝙪𝙢𝙥𝙪𝙧 𝙖𝙣𝙙 𝙎𝙚𝙡𝙖𝙣𝙜𝙤𝙧 in January and explore opportunities in manufacturing, retail, and services. Get first-hand exposure to Malaysia’s industrial hubs, understand local market dynamics, and explore collaborations that can drive tangible results for your business. Reach out to us for more details today! https://lnkd.in/gGfJt57c #GoGlobalwithSBF #Malaysia #Singaporebusiness #OMW #KualaLumpur

Have you discovered Opportunities in Oman yet? Join us for our upcoming Overseas Market Workshop to Oman happening in January 2025 and heading to Muscat and Manah to discover opportunities in Oman’s Infrastructure and Built Environment, Sustainable and Conventional Energy, Oil & Gas, Logistics, and Transportation! Find out more at this link: https://lnkd.in/gYKMMRFS #GoGlobalwithSBF #OMW #Oman #OilandGas #Energy #Logistics

Do you know #Oman? The third largest country on the Arabian Peninsula and a key economic player in the Middle East, Oman has a diverse and active economy, with the oil and gas sector contributing over 60% while supported by large reserves and ongoing investments, making Oman a competitive hub for energy resources. The tourism sector is also growing, with Oman’s 3,000 km of coastlines, mountain ranges, and historic sites attracting visitors from around the world, also significantly contributing to its GDP. Muscat, the capital city, is a key economic engine within Oman. Positioned along the Gulf of Oman, its strategic location places it at the nexus of maritime trade routes between Asia, Africa, and the Middle East. The coastal city serves as a hub for high-value manufacturing industries, particularly in petrochemicals, construction materials, food processing, logistics and trade, and the country’s financial centre, attracting substantial investments. New long-term initiatives such as Oman Vision 2040 are designed to enhance the country's competitiveness and diversify its economy away from oil while boosting the local economy through increased innovation, collaboration, and industrial expansion. For businesses in Singapore, Oman offers substantial opportunities for international expansion, supported by the Gulf Cooperation Council-Singapore Free Trade Agreement (GSFTA). This agreement eliminates 99% of tariffs on Singapore’s exports to GCC markets, which include Oman. The GSFTA also safeguards market access and ensures a more predictable operating environment for service suppliers. Key industries for business expansion in Oman include: Oil and Gas: Extensive reserves and ongoing investments present numerous opportunities for Singaporean companies specialising in energy solutions and technologies. Tourism: With its cultural heritage and natural beauty, Oman’s tourism sector is ripe for investment in hospitality, travel services, and related infrastructure. Logistics and Transport: Oman’s location and investments in infrastructure make it a prime hub for logistics and transport services. Renewable Energy: Oman’s focus on diversifying its energy sources, particularly solar energy, offers significant opportunities for Singaporean companies in the renewable energy sector. Information and Communications Technology (ICT): The Digital Oman Strategy (eOman) aims to expand digital literacy and develop a vibrant ICT ecosystem, providing fertile ground for Singaporean tech companies. Oman’s broad economic strengths and Muscat’s strategic position underscore the country’s role as a business hub in the Middle East, offering a gateway for companies seeking access to the region’s potential. #GoGlobalwithSBF #WorldWideWed #MiddleEast #Oman #Muscat #BusinessOpportunities

𝙌𝙪𝙚𝙨𝙩𝙞𝙤𝙣𝙨 𝘼𝙣𝙨𝙬𝙚𝙧𝙚𝙙, 𝙊𝙥𝙥𝙤𝙧𝙩𝙪𝙣𝙞𝙩𝙞𝙚𝙨 𝙋𝙧𝙚𝙨𝙚𝙣𝙩𝙚𝙙, 𝘾𝙖𝙨𝙪𝙖𝙡𝙡𝙮. Oman may not be a market that many Singaporean businesses are familiar with. However, its ease of doing business, its efforts to diversify its economy beyond traditional oil and gas, and its strategic location with access to deep-water ports make it a promising destination for businesses looking to expand their global footprint. 𝗜𝗻𝘁𝗿𝗼𝗱𝘂𝗰𝗶𝗻𝗴 "𝗟𝗮 𝗞𝗼𝗽𝗶" 𝗦𝗲𝘀𝘀𝗶𝗼𝗻𝘀 #LaKopi But how does a business begin exploring Oman’s potential without prior introduction or information? To address this, the Singapore Business Federation (SBF) organised a small and informal session designed to help companies discover opportunities in the Middle East. Called "La Kopi", a term referring to leisurely enjoying coffee in Singaporean culture, this session brought together companies from diverse industries to discuss their questions and explore opportunities in a relaxed and casual setting.  With representatives from Oman joining virtually, attendees had the chance to engage directly with potential partners . This format allowed businesses to better understand the market and establish connections immediately, without the need to travel. 𝗢𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝗶𝗲𝘀 𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝗲𝗱 The session featured discussions on key developments in Oman, including the Manah Solar Initiative and opportunities in urban planning, energy, technology, and the oil and gas sectors. These conversations helped participants explore areas where Singaporean businesses might align with Oman’s growing economy. 𝗡𝗲𝘁𝘄𝗼𝗿𝗸𝗶𝗻𝗴 𝘄𝗶𝘁𝗵 𝗮 𝗧𝘄𝗶𝘀𝘁 After the session, participants were treated to a small and curated selection of Middle Eastern and Mediterranean snacks, serving as a savoury introduction to the region's cuisine and culture. This informal setting also provided an opportunity for further networking with the SBF team and fellow attendees 𝗟𝗼𝗼𝗸𝗶𝗻𝗴 𝗔𝗵𝗲𝗮𝗱: 𝗢𝘃𝗲𝗿𝘀𝗲𝗮𝘀 𝗠𝗮𝗿𝗸𝗲𝘁 𝗪𝗼𝗿𝗸𝘀𝗵𝗼𝗽 (𝗢𝗠𝗪) 𝘁𝗼 𝗢𝗺𝗮𝗻 For those considering a deeper exploration of Oman, the upcoming Overseas Market Workshop (OMW) in January 2025 offers a hands-on opportunity to engage further. This session provided businesses with the insights they need to assess if Oman aligns with their business goals. 📩 Interested in joining the OMW or finding out more about Oman? Contact us at globalconnect@sbf.org.sg or register your interest here: https://lnkd.in/gYKMMRFS . Alternatively, connect with our market advisors for more details. Maryam Alawami Ray KWAN #GoGlobalwithSBF #SingaporeBusiness #Oman #LaKopi #OilandGas #Omanvision2040

🌟 𝙐𝙣𝙡𝙤𝙘𝙠𝙞𝙣𝙜 𝙊𝙥𝙥𝙤𝙧𝙩𝙪𝙣𝙞𝙩𝙞𝙚𝙨: 𝙃𝙤𝙬 𝙈𝙖𝙡𝙖𝙮𝙨𝙞𝙖’𝙨 𝟮𝟬𝟮𝟱 𝘽𝙪𝙙𝙜𝙚𝙩 𝘾𝙖𝙣 𝘿𝙧𝙞𝙫𝙚 𝙔𝙤𝙪𝙧 𝘽𝙪𝙨𝙞𝙣𝙚𝙨𝙨 𝙂𝙧𝙤𝙬𝙩𝙝 🌟 Did you know that Malaysia’s economy is set to grow by 4%-5% in 2025, fueled by reforms and initiatives outlined in its upcoming budget? 📊 For senior leaders and business owners, understanding these priorities isn’t just important—it’s critical for making informed decisions. 𝗛𝗲𝗿𝗲’𝘀 𝘄𝗵𝗮𝘁 𝘆𝗼𝘂 𝗻𝗲𝗲𝗱 𝘁𝗼 𝗸𝗻𝗼𝘄 𝗮𝗯𝗼𝘂𝘁 𝗠𝗮𝗹𝗮𝘆𝘀𝗶𝗮’𝘀 𝗯𝘂𝗱𝗴𝗲𝘁 𝗮𝗻𝗱 𝘄𝗵𝘆 𝗶𝘁 𝗺𝗮𝘁𝘁𝗲𝗿𝘀: 1️⃣ Strategic Priorities Driving Business Growth 💡 Sustainability Investments: Incentives to expand renewable energy adoption, targeting 31% renewable capacity by 2025. 🌍 Regional Collaboration: The Johor-Singapore Special Economic Zone (JSSEZ) promises tax benefits and streamlined processes for cross-border trade. 📈 Digital Transformation: Mandatory e-Invoicing by July 2025, transforming how businesses operate and comply with tax regulations. These initiatives are set to reshape Malaysia’s economic landscape. 2️⃣ 𝗪𝗵𝗮𝘁’𝘀 𝗮𝘁 𝗦𝘁𝗮𝗸𝗲 𝗳𝗼𝗿 𝗦𝗲𝗻𝗶𝗼𝗿 𝗟𝗲𝗮𝗱𝗲𝗿𝘀? For executives navigating cross-border growth, Malaysia’s budget offers: • Clarity on Market Trends: Insights to refine your investment strategy. • Opportunities to Scale: Incentives and policies designed to support business expansion. • Compliance Challenges: E-Invoicing and new tax frameworks require early preparation. Are you ready to align your business strategy with Malaysia’s vision? 3️⃣ 𝗝𝗼𝗶𝗻 𝗨𝘀 𝗮𝘁 𝗦𝗕𝗙’𝘀 𝗠𝗮𝗹𝗮𝘆𝘀𝗶𝗮 𝟮𝟬𝟮𝟱 𝗕𝘂𝗱𝗴𝗲𝘁 𝗦𝗲𝗺𝗶𝗻𝗮𝗿 𝘁𝗼 𝗚𝗮𝗶𝗻 𝗘𝘅𝗰𝗹𝘂𝘀𝗶𝘃𝗲 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀 📅 Date: 22nd January 2025 📍 Location: SBF Center L6 🔑 𝗪𝗵𝗮𝘁 𝗬𝗼𝘂’𝗹𝗹 𝗟𝗲𝗮𝗿𝗻: Analysis of Malaysia’s 2025 budget. Expert Insights by Maybank Economist Panel Discussion: “How Do Local SMEs Find Success in Malaysia’s New Budget? 🎯 Who Should Attend: Senior executives, business owners, and decision-makers planning to expand in ASEAN markets. Don’t miss this opportunity to gain practical strategies from industry experts and connect with peers who share your growth vision. 🚀 𝗖𝗮𝗹𝗹 𝘁𝗼 𝗔𝗰𝘁𝗶𝗼𝗻 Secure your spot now! Register here: https://lnkd.in/gUxEeRBs  💬 What questions do you have about Malaysia’s budget? Share them below, and we’ll address them during the seminar! Follow our LinkedIn Page #GoGlobalwithSBF for more updates on ASEAN markets and exclusive event opportunities.