SBF meaning in Business ?

Answer: What is Singapore Business Federation mean?

Singapore Business Federation (Abbreviation: SBF; Chinese: 新加坡工商联合总会; Malay: Persekutuan Perniagaan Singapura; Tamil: சிங்கப்பூர் தொழில் சம்மேளனம்) is the apex business chamber in Singapore. SBF aims to improve the organisation of the business community in Singapore and represent it both locally and abroad.

SBF was formed on 1 April 2002 as the successor to the Singapore Federation of Chambers of Commerce and Industry, which had consisted of five business chambers and associations in Singapore. SBF has compulsory membership, unlike its predecessor which had struggled financially as a result of voluntary membership. As of December 2020, SBF has 27,200 members, including both companies and business chambers. SBF carries out events such as talks and dialogue sessions for its members, and provides them with various business networks.

reference

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