Swiss Chamber of Commerce and Industry in Singapore

Last updated
SwissCham Singapore
Named afterSwissChamber of Commerce and Industry in Singapore
Founded1988 (1988)
Founded at Singapore
Type Chamber of Commerce
Headquarters1 Swiss Club Link, Singapore 298162
Area served
Singapore and Switzerland
Chairman
Julie Raneda
Website www.swisscham.sg

Founded in 1988, the Swiss Chamber of Commerce and Industry in Singapore (SwissCham) is a non-profit organization advocating Swiss business in Singapore through offering to its members a networking platform with a broad range of events as well as selective services and benefits. The SwissCham fosters business ties and friendship between Swiss and Singaporean companies, which dating back for more than 200 years. [1] Formerly known as the Swiss Business Association (“SBA”), it acts as the spokesperson of Swiss business interests in Singapore towards Singaporean and Swiss authorities as well as other chambers and business groups, cultivating the Swiss networking culture in Singapore and the region.

Contents

History

Being already present in Singapore for soon 200 years, Swiss companies intensified their activities and strengthened their presence in Singapore soon after it became a sovereign nation in 1965 and Switzerland decided to establish diplomatic relationships with the city-state in 1967. Swiss investments have been among the top five foreign direct investments (FDI) ever since, demonstrated by already more than 100 Swiss companies having had a presence in Singapore by the end of the 1980s. The need for an official forum to help these companies exchanging ideas and accessing information became increasingly important. In 1988, with the help of the Swiss Ambassador Kurt O. Wyss, the SBA was founded by a group of visionary Swiss-Singaporean businessmen and entrepreneurs. [2] After representing and serving its members for over 25 years, the SBA committee conducted in 2015 a strategic review of its activities, vision and mission. With a transformation roadmap and revised statutes approved by the annual general meeting in 2016, the SBA got rebranded to the Swiss Chamber of Commerce and Industry in Singapore in 2017, underlining its continuous efforts to raise awareness on its work as a chamber of commerce and industry and staying relevant in a fast and constantly changing world. This sharpened focus of its activities included a variety of new initiatives such as a professionalized online presence and digital communication concept [3] throughout 2016 as well as in 2017 the launch of the inaugural Swiss Business Award honoring “Excellence in People & Skills Development”. [4]

Core activities

The mandate of the SwissCham is to represent and advocate its members’ interests and offer a platform for practicing and living the Swiss networking culture, following the overarching goal of promoting and fostering the Swiss trade, services, manufacturing and investments in Singapore. Its core activities are grouped in four main pillars: Firstly, a 360 degree networking platform for interacting among members as well as with other Singaporean companies and professionals, other chambers of commerce as well as other Swiss organizations in Singapore. Secondly, a broad range of attractive events including member presentations, knowledge sharing or cultural and social events to get a better understanding of Singapore, its history and the resulting business and networking culture. Thirdly, advocating work for its members interests towards the Swiss authorities in Switzerland and in Singapore, towards the local authorities in Singapore (primarily through its standing seat in the board of governors of the European Chamber of Commerce in Singapore), and towards other business organizations through regular interactions in industry group meetings. And fourthly, a selective range of services and benefits offered to its members, including an online FAQ with key knowledge for setting up and running a business in Singapore from a Swiss perspective, or on-demand support for members with regards to business relevant topics such as access to relevant industry or market data, or regulatory or labour market aspects. [5]

Swiss Business Award honoring 'Excellence in People & Skills Development'

From left to right: Dr. Tom Ludescher, Rajan Arul (General Manager Firmenich Singapore), Guy Parmelin (Federal Councillor of Switzerland), and Thomas Kupfer (former Ambassador of Switzerland to Singapore) 2017 SwissCham Gala Dinner.jpg
From left to right: Dr. Tom Ludescher, Rajan Arul (General Manager Firmenich Singapore), Guy Parmelin (Federal Councillor of Switzerland), and Thomas Kupfer (former Ambassador of Switzerland to Singapore)

The Swiss Business Award introduced in 2017 rewards and recognizes Singapore-based companies for their efforts and initiatives in developing their workforce through ‘Excellence in People & Skills Development’. Education and talent development are particularly relevant for Singapore and Switzerland, [6] both of which having repeatedly topped worldwide educational rankings such as the Programme for International Student Assessment published each year by the Organisation for Economic Co-operation and Development, or the Global Innovation Index published each year by INSEAD and the World Intellectual Property Organization. The nominations for the Swiss Business Award are evaluated by an independent jury consisting of high ranking representatives from business and academia in Singapore. Singapore-based Firmenich Asia Pte. Ltd. won the inaugural Swiss Business Award in 2017 for its dedication to local workforce. [7] In 2018, Marché Mövenpick won the Swiss Business Award dedication to the skills development of its employees. Marché cooperates with local schools, such as polytechnics and Institute of Higher Education (ITE), to offer internship opportunities to students. [8]

Members

While its founding members had mostly a link to the financial industry, the member base of the SwissCham grew to over 200 corporate members by 2018, from start-up companies and well established SMEs to large multinationals, representing all major industries of Swiss business in Singapore.

Chairmen

  1. Hans-Rudolf Schaub (1988)
  2. Peter Schlumpf (1989-1991)
  3. Marco Fleischmann (1992-1996)
  4. Alex Widmer (1997)
  5. Rolf Gerber (1998-2002)
  6. Manfred Rist (2003-2005)
  7. Pius Eberhard (2006-2008)
  8. Christian Pauli (2008-2014)
  9. Peter Huber (2014-2015)
  10. Dr. Tom Ludescher (2015 - 2019)
  11. Georg von Wattenwyl (2019–2023)
  12. Julie Raneda (2023-Present) [9]

Related Research Articles

<span class="mw-page-title-main">Economy of Singapore</span>

The economy of Singapore is a highly developed free-market economy with dirigiste characteristics. Singapore's economy has been consistently ranked as the most open in the world, the joint 4th-least corrupt, and the most pro-business. Singapore has low tax-rates and the highest per-capita GDP in the world in terms of purchasing power parity (PPP). The Asia-Pacific Economic Cooperation (APEC) is headquartered in Singapore.

Nanyang Polytechnic (NYP) is a post-secondary education institution and statutory board under the purview of the Ministry of Education in Singapore.

<span class="mw-page-title-main">Statutory boards of the Singapore Government</span>

The statutory boards of the Government of Singapore are autonomous organisations that have been tasked to perform an operational function by legal statutes passed as Acts in the Parliament of Singapore. The statutes define the purpose, rights and powers of each authority. These organisations would usually subsequently report to one specific ministry. This list includes both current and new statutory boards formed.

<span class="mw-page-title-main">Republic Polytechnic</span> Post-secondary academic institution in Singapore

Republic Polytechnic (RP) is a post-secondary education institution and statutory board under the purview of the Ministry of Education in Singapore.

<span class="mw-page-title-main">Popular Holdings</span> Singaporean bookstore company

Popular Holdings Limited, more commonly known as just Popular or colloquially as the Popular Bookstore, is a Singaporean multinational bookstore chain. Aside from Singapore, it also has subsidiaries in countries such as Canada, China, Taiwan, Malaysia and the United Kingdom.

The American Chamber of Commerce to the European Union (AmCham EU) speaks for American business "committed to Europe on trade, investment and competitiveness issues. The stated mission of the organization is to ensure a growth-orientated business and investment climate in Europe. AmCham EU seeks to facilitate the resolution of transatlantic issues that impact business and plays a role in creating better understanding of EU and US positions on business matters. Aggregate US investment in Europe totaled more than €2 trillion in 2015, directly supports more than 4.3 million jobs in Europe, and generates billions of euros annually in income, trade and research and development."

<span class="mw-page-title-main">Energy Market Authority</span>

The Energy Market Authority (EMA) is a statutory board under the Ministry of Trade and Industry of the Government of Singapore.

<span class="mw-page-title-main">Hong Kong General Chamber of Commerce</span> Nonprofit business advocacy group in Hong Kong

The Hong Kong General Chamber of Commerce was founded on 29 May 1861, and is the oldest and one of the largest business organizations in Hong Kong. It has around 4,000 corporate members, who combined employ around one-third of Hong Kong's workforce. It is a self-funding, not-for-profit organization that promotes and represents the interests of the Hong Kong business community. A core function of its work is to formulate recommendations on improving the business environment, which its 23 industry-specific committees constantly analyze and make regular submissions to HKSAR Government officials and policy makers.

<span class="mw-page-title-main">Australia–Singapore relations</span> Bilateral relations

Australia and Singapore share longstanding and multifaceted relations, elevated by the establishment of the Comprehensive Strategic Partnership (CSP) in 2015. Australia was the first country to establish diplomatic relations with Singapore upon its independence in 1965. Both countries also work closely in multilateral fora and enjoy warm people-to-people relations.

The Gwinnett Chamber of Commerce', is Gwinnett County, Georgia's non-profit, member-funded business advocacy organization, representing a number of businesses within Gwinnett and the metro Atlanta region.

<span class="mw-page-title-main">Foo Mee Har</span> Singaporean politician

Foo Mee Har is a Malaysian-born Singaporean politician and businesswoman. She is a member of the governing People's Action Party (PAP). Foo has served as the Member of Parliament (MP) for the Ayer Rajah division from 2011 to 2020. Since 2020, she represents the Ayer Rajah-Gek Poh division, a result of the merger between the Jurong West portion of Hong Kah North SMC and West Coast GRC's Ayer Rajah ward.

<span class="mw-page-title-main">Kopi (drink)</span> South East Asian coffee drink

Kopi, also known as Nanyang coffee, is a traditional coffee beverage found in several Maritime Southeast Asian nations. Often brewed to be highly caffeinated in strength, it is commonly served with sugar and/or milk-based condiments. This drink originated from the British Malaya era, with Hainanese cultural roots. The name of the drink is derived from the Malay term for coffee. The term Nanyang, which means "South Sea" in Mandarin, refers to Maritime Southeast Asia. Kopi culture vocabulary is grounded in Hokkien dialect as a result of historical immigration to Maritime Southeast Asia from the Minnan region in the south-eastern part of Fujian Province in Southeastern Mainland China. The beverage is usually served in coffee shops, Hawker centres and kopitiams across the region.

<span class="mw-page-title-main">France–Singapore relations</span> Bilateral relations

France–Singapore relations refers to the bilateral relations between the French Republic and the Republic of Singapore.

<span class="mw-page-title-main">Arizona Chamber of Commerce and Industry</span> Business advocacy group

The Arizona Chamber of Commerce and Industry is an Arizona based chamber of commerce. Since 1974, the Arizona Chamber of Commerce and Industry has been promoting statewide business advocacy at the Arizona Capitol and with the Arizona congressional delegation. Its membership employs 250,000 Arizonans from all sectors of the Arizona economy. The Board of Directors of the Arizona Chamber of Commerce and Industry is composed of more than 120 business executives, representing industries across Arizona. The Arizona Chamber is governed by the board of directors and its 32 Executive Committee members, including nine board officers. Following the departure of President & CEO Glenn Hammer, Garrick Taylor served as the Interim President & CEO until Danny Seiden began his tenure in early Summer 2021.

Michael Kum Soh Har is a Singaporean business magnate and investor. He is the founder of both the shipping organisation Miclyn Holdings and the property firm Grandline International.

The American Business Forum in Turkey is a business association and NGO, composed of 125 or more U.S. companies with operations in Turkey. It was founded in 2004 as an American Chamber of Commerce, and it is focused on promoting a positive business agenda and commercial environment in Turkey and on strengthening bilateral trade, investment, and relations between Turkey and the U.S. through committee activities, access, visibility, business services, and networking opportunities.

<span class="mw-page-title-main">Singaporeans First</span> Defunct political party in Singapore

Singaporeans First (SingFirst) was an opposition political party in Singapore founded on 25 May 2014. The party was dissolved on 25 June 2020.

<span class="mw-page-title-main">American Chamber of Commerce in the People's Republic of China</span> Business organization

The American Chamber of Commerce in the People's Republic of China is a nonprofit, nongovernmental organization whose membership comprises 4,000 individuals from 900 companies operating across China. The chamber's mission is to help American companies succeed in China through advocacy, information, networking and business support services. The chamber provides information, networking opportunities, business support services, and advocacy to promote a mutually beneficial bilateral business environment for the U.S. and China.

Supreme Components International Pte. Ltd. (SCI) Is a franchised distributor of high-tech electronic and LED components headquartered in Singapore. The company specializes in global distribution and value-added services pertaining to these components. Supreme is recognized as Singapore's largest electronics distributor by SourceToday.

<span class="mw-page-title-main">Tan Tin Wee</span> Singaporean bioinformatician

Tan Tin Wee is a Singaporean bioinformatician and university lecturer. He is an associate professor at the Department of Biochemistry at the National University of Singapore and Chief Executive of the National Supercomputing Center (NSCC) Singapore. As the inventor and founder of multilingual internationalized domain names (IDN) and a pioneer of the Internet, he was inducted into the Internet Society of 2012 along with the founding fathers of the Internet in the first Internet Hall of Fame. He is well known in Singapore and the region for his work on propagating and developing the Internet.

References

  1. "Over 400 Swiss companies doing business in Singapore". The Business Times. July 31, 2018. Retrieved January 8, 2019.
  2. Zangger, Andreas (2013). "The pillars of the Swiss community (1970-2013)". The Swiss in Singapore. Singapore: Editions Didier Millet Pte Ltd. p. 180. ISBN   978-9-814-38568-8.
  3. "Swiss Chamber in Singapore Launches New Website". finews.asia. December 15, 2016. Retrieved May 7, 2018.
  4. "Inaugural SwissCham Award For Workforce Development". finews.asia. June 5, 2017. Retrieved May 7, 2018.
  5. "Swiss business association keen to play a bigger role". The Business Times. July 12, 2016. Retrieved May 7, 2018.
  6. "Don't go to university!". Christa Wuethrich. December 4, 2016. Retrieved May 7, 2018.
  7. "Giving top priority to people and skills". The Business Times. July 27, 2017. Retrieved May 7, 2018.
  8. "New Winner of the Excellence in People & Skills Development Award". Claude Baumann. June 3, 2018. Retrieved June 20, 2018.
  9. "Banker at the Helm of Swiss Business Community". finews.asia. July 29, 2019. Retrieved July 29, 2019.