Singapore Malay Chamber of Commerce and Industry

Last updated
Singapore Malay Chamber of Commerce and Industry
Singapore Malay Chamber of Commerce and Industry.png
Formation1956;66 years ago (1956)
Founded atSingapore
Type Chamber of commerce
PurposeTo nurture a vibrant entrepreneurial culture amongst Malay/Muslim Enterprises
Location
Membership
900 members
President
Farid Khan
Website www.smcci.org.sg
Formerly called
Singapore Malay Chamber of Commerce (SMCC)

The Singapore Malay Chamber of Commerce and Industry (SMCCI) is a non-profit organization, established in 1956 to support the Malay/Muslim business community in Singapore.

Contents

History

The Singapore Malay Chamber of Commerce and Industry (SMCCI) was first established in 1956 as the Singapore Malay Chamber of Commerce (SMCC) by a group of Malay/Muslim businessmen, including the first President of Singapore, Yusof Ishak. [1] [2] Its establishment was initially intended to look after the trading interests of the Malay/Muslim business community, however, its name was later changed to its current name in 1995 to reflect its wider scope. [1]

In 2006, SME Centre @ SMCCI was established as a one-stop centre for local small and medium enterprises (SMEs). [3] [4]

In 2016, The SMCCI celebrated its 60th anniversary and helped set up global hub along with SPRING Singapore and International Enterprise Singapore which would identify food firms scale up their halal exports. [5]

In 2018, The SMCCI collaborated with Enterprise Singapore and One Kampong Glam Association in a project led by Infocomm Media Development Authority to digitalize businesses within the Kampong Glam vicinity. [6] [7]

Timeline


List of Past Presidents

Functions and activities

Since its establishment, SMCCI has played an active role in the facilitation of its members’ trade activities and acts as a point of contact between local and international sellers and consumers. [12]

SMCCI collates information on business opportunities and disseminates it among its members. Like other recognised chambers of commerce, SMCCI is authorised to endorse certificates of origin as needed by exporters. [13] Today, SMCCI continues to work in representing the interests of the local Malay/Muslim business community and serves as a platform to create opportunities for members through regular business missions, conferences, networking sessions and activities. Now, with its subsidiary, SME Centre@SMCCI, works to strengthen capabilities and encourage local SMEs to adopt technologies and expand their business overseas. [14]

Since 2010, SMCCI has been hosting Malay/Muslim Business Conference for sharing industry knowledge and expertise with the participation of successful Malay/Muslim entrepreneurs. [15] In 2014, Prime minister Lee Hsien Loong and Yaacob Ibrahim, the Minister for Communications and Information attended the event as the Guest of Honor and gave a speech at the conference. [16] [17]

See also

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References

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