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SBF's latest Business Sentiments survey reveals how Singapore firms are responding to mounting cost pressuresβ€”and what businesses should watch next.
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10 July 2026

Sentiment Check: Singapore Businesses

Brace for a Tougher Cost Climate

Cost pressures are set to intensify across most sectors, according to our National Business Survey 2026 - Q1 Business Sentiments edition. Record-high electricity and gas tariffs, compounded by global energy and logistics disruptions, are squeezing F&B, retail and automotive operators hardest. Some firms are cutting energy use or passing costs to customers β€” but if pressures persist, more businesses may be forced to scale back or exit the market entirely.

FULL REPORT

How SBF is Helping Singapore Companies Future-Proof in 2026


Trade tensions and economic uncertainty aren't slowing SBF down. In a CNA938 interview, CEO Kok Ping Soon revealed how SBF is helping companies stay ahead β€” from cracking overseas markets to building talent pipelines through mid-career hiring and skills conversion. For businesses navigating uncertainty, the right support can make all the difference.

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OUR PERSPECTIVES

Why Singapore’s Workforce Needs Both Openness and a Strong Local Core


Singapore's future depends on attracting global talent while creating better opportunities for Singaporeans. SBF CEO Kok Ping Soon shares why workplace integrationβ€”not just hiringβ€”is the key to stronger innovation, skills transfer and long-term business competitiveness.

READ MORE

EXPAND INTO NEW MARKETS

Tap Indonesia's Long-Term Growth Potential


With strong economic fundamentals and a growing middle class, Indonesia remains a strategic market for growth. SBF Chairman Mark Lee is urging Singapore businesses to think long termβ€”and how SBF's new partnership with Indonesia's Kadin, supported by an AI-powered Trade AI Advisor, will help companies expand with greater confidence.


Ready to explore opportunities in Indonesia? Contact globalconnect@sbf.org.sg to find out how we can support your market expansion.

READ MORE

TURN DIGITAL SOLUTIONS TO BUSINESS VALUE

Navigate Your Digital Transformation Journey


Digital transformation begins with understanding your business needs. The Go Digital Advisor by IMDA helps SMEs identify where digitalisation can deliver the greatest impact, from Sales & Marketing to Cybersecurity. Through a simple self-assessment, businesses can uncover their top three business gaps, receive tailored recommendations featuring pre-approved digital solutions, and obtain a complimentary digitalisation report. Complete your self-assessment today and take the next step in your digital transformation journey with confidence.

START NOW

Why Early InvoiceNow Adoption Pays Off


Singapore's GST InvoiceNow requirement is more than a compliance updateβ€”it’s an opportunity to modernise finance operations. Businesses that adopt early can streamline invoicing, reduce manual errors, speed up GST refunds, and avoid last-minute implementation challenges. Forward-looking businesses should start planning now to strengthen operational efficiency and stay ahead of the phased mandate.


Contact smart.tech@sbf.org.sg to learn how we can help your business get onboard InvoiceNow.

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TRANSFORM SUSTAINABILITY INTO OPPORTUNITY

How Sustainability-Ready Is Your Business?


Six in ten Singapore businesses are decarbonising β€” but 62% are still yet to measure their own emissions. As sustainability becomes a supply chain requirement and climate risks grow harder to ignore, capability gaps are holding firms back. Discover where businesses stand, what's driving action, and what it takes to stay competitive in our National Business Survey 2026 – Sustainability Supplement.

FULL REPORT

Preparing for What’s Next in Climate Reporting


Through the Council for a Competitive Climate Transition (C3T), SBF is supporting SGX-listed companies with the guidance and resources to strengthen climate reporting, develop credible transition plans and bring their supply chains alongβ€”turning sustainability from a compliance exercise into long-term business resilience.


To know more on how we can support you on your sustainability journey, reach out to us at netzerohub@sbf.org.sg.

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SOCIAL IMPACT THAT DRIVES BUSINESS

Corporate Volunteering Study 2026


Share your perspective on corporate volunteering. We have partnered with Blackbox Research to gather key business insights that will inform programmes, capability development, research and thought leadership efforts under VolunteerInc. 


Ensure your business perspective is reflected in creating a more sustainable, socially responsible ecosystem.

PARTICIPATE NOW

Capability Building Programme for Social Sustainability and Corporate Volunteering


Kickstart your journey in Social Sustainability and Corporate Volunteering! SBF and our knowledge partner have developed a complimentary, self-paced e-learning programme. 


Delivered via online modules, it provides practical guidance on designing corporate volunteering initiatives for meaningful social impact.

REGISTER NOW

SUPPORTED EVENTS

Skills, Employability and Workforce Transformation


To stay competitive, employers need access to AI-ready, skills-ready and employment-ready talent. The ITE graduate pipeline is an effective way to reach these talents. Join us at the good Conversation symposium on 17 July to understand and leverage these opportunities.

Attendance at this symposium will be considered when selecting employers for the ITE College West Career Fair on 21–22 August 2026.

REGISTER NOW

AI Is Shaping the Future of Business. Is Yours Ready?


As AI, customer expectations, and organisational structures collide, Service Design is fast becoming a core business capability. INTERSECTIONS brings together 29 speakers from large corporations, SMEs and start-ups for two days of talks, workshops, as well as behind-the-scenes learning journeys.


Save $200 with promo code: SBFSPECIAL599

Plus, SBF members enjoy exclusive group rates for teams of four or more.

REGISTER NOW

Singapore IP Week 2026


Now in its fifteenth edition, Singapore IP Week has established itself as a premier global IP event. It convenes policymakers, business leaders, and legal experts from around the world to exchange insights, foster connections, and discuss emerging issues shaping the IP landscape.


Join us in shaping conversations on the future of IP, innovation and business transformation.

REGISTER NOW

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