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🧭 The ESR Final Recommendations outline how Singapore plans to stay competitive, create jobs and build resilience.
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22 May 2026

The ESR Final Recommendations:

A Clear Signal of Singapore’s Future

The Economic Strategy Review (ESR) Final Recommendations β€” launched at SBF's Future Economy Conference β€” is the clearest signal yet of where Singapore is heading. The ESR sets out 32 recommendations across eight focus areas, covering how Singapore will create value for the world, build agility and adaptability, and strengthen resilience against shocks β€” reshaping which sectors get prioritised, how talent and jobs will evolve, and what staying competitive looks like in a world that's shifting fast.


As Singapore's apex business chamber, SBF will be working with our members to translate these recommendations into action, so your business isn't just aware of the direction, but ready to move towards it.

FINAL RECOMMENDATIONS

Singapore’s Economy Must Learn To Live With Disorder And Dislocation


The world is more fragmented, protectionist, and technologically disruptive than ever β€” and Singapore's economy must adapt. SBF CEO Kok Ping Soon unpacks the Economic Strategy Review and what it really means for businesses: staying open, investing sharper in AI and advanced manufacturing, keeping costs competitive, and building the agility to reposition fast when the ground shifts.

READ MORE

GOVERNMENT SUPPORT

Webinar on Simplified Insolvency Programme 2.0 (SIP 2.0)


The new Simplified Insolvency Programme 2.0 (SIP 2.0) expands Singapore’s insolvency framework to better support companies facing financial distress through the Simplified Debt Restructuring Programme and Simplified Winding Up Programme, enabling more orderly winding up of non-viable or dormant businesses and improved recovery outcomes for viable ones. Join this practical webinar by the Insolvency Office to understand SIP 2.0’s key features, costs, processes and adoption considerations for businesses navigating financial and operational challenges.

REGISTER NOW

One Grant. Smarter Growth.


Growing beyond Singapore doesn't have to be complicated. The EDGE Grant gives eligible businesses up to $100,000 a year through a single access point β€” so you spend less time navigating support schemes and more time executing your growth strategy. Whether you're entering new markets or deepening your presence in existing ones, EDGE is built around your goals.

LEARN MORE

WHAT'S HAPPENING

Financing the Future Begins!


1 in 5 Singapore businesses is seeking additional financing amid rising uncertainty based on our recent survey findings. β€” is yours one of them? Singapore’s enterprise financing landscape took a major step forward with the launch of the Centre for Enterprise Financing Advisory (CEFA) on 18 May β€” a one-stop platform helping businesses strengthen financing readiness, access advisory support and explore growth financing pathways beyond traditional loans. Missed the launch? Join our CEFA mailing list and stay updated on financing insights, tools, programmes and upcoming events!

JOIN NOW

SOCIAL IMPACT THAT DRIVES BUSINESS

VolunteerInc. Officially Launched at Future Economy Conference


We are thrilled to have the first 50 corporate pioneers driving corporate volunteering and invite more companies to join this growing national movement. VolunteerInc. supports your journey through our structured P.A.C.T. framework β€” aligning business purpose, actively matching capabilities to community needs, capability development, and building long-term trust. Visit our page to learn more and take the next step to assess your organisation’s readiness through our Corporate Volunteering Assessment.

START ASSESSMENT

FRB SPOTLIGHT

My First Devices. My First Stories.


What does it take to build a global kids' tech brand from a single parenting moment? SBF members got a rare, behind-the-scenes look at myFirst β€” the kid-safe ecosystem reimagining how children connect and express themselves through technology β€” alongside Senior Parliamentary Secretary for Finance and Manpower Shawn Huang. Founder-led insights, hard-won lessons, and honest peer exchange all in one room.

READ MORE

SUPPORTED EVENT

Business Mission & Singapore Pavilion at ASEAN Innovation Business Platform (AIBP) Malaysia 2026


Explore Malaysia’s growing enterprise technology landscape through SGTech’s Business Mission & Singapore Pavilion at AIBP Malaysia 2026. Through this 2-day programme, you will get to connect with enterprise buyers, understand their pain points and challenges in technology adoption, and visit key public & private agencies to explore collaboration opportunities.

JOIN NOW

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