Economic Strategies Committee & Budget 2010:

i) Tapping on the Government Incentive Schemes
ii) Ministerial Dialogue with the Business Community – How ESC Strategies Affect Businesses
   
 
Date: Fri, 02 Jul 2010
Time: 9.15am – 12.30pm; 1.30pm - 4.00pm
Venue: Level 2, Ballroom 2, Suntec Convention and Exhibition Centre
Fee:
SNEF Members – $38.00
Non Members - $76.00


 
Programme Introduction




1. With the announcement of the ESC recommendations and Budget 2010, several pro-business initiatives and incentive schemes such as Productivity and Innovation Credit, Infocomm@SME, Working Training Support Scheme, and Business Capabilities for Internationalisation have been introduced and more details are being unveiled as they were finalized.

2. The Singapore National Employers Federation (SNEF) in support of the Singapore Business Federation (SBF), is pleased to have invited representatives from the various government agencies to share with our members. A good understanding of the various initiatives and incentive schemes will enable companies to benefit optimally from them to build and upgrade enterprise capabilities.

3. To further encourage businesses to embrace the ESC recommendations and Budget 2010 initiatives and ride on opportunities in the new landscape, the organisers are honoured to have invited the Ministers Mr Tharman Shanmugaratnam, Mr Lim Swee Say, Mr Gan Kim Yong and Mrs Lim Hwee Hua to dialogue with the participants.






Programme Details



9:00am Registration
9.30am Introduction & Presentation by SBF
9.50am Productivity and Innovation Credit (PIC) by IRAS

• Significant tax deductions for investments in a broad range of activities
• 250% of tax deduction for the first $300,000 of qualifying investment expenditure. The tax deductions will be 250% of the eligible expenditures incurred on each of the activities
10.10am Working Training Support Scheme by WDA

• Workfare Training Support (WTS) scheme encourages low-wage workers to upgrade their skills through training and comes into effect on 1 July 2010.
• It covers training courses offered under the Singapore Workforce Skills Qualification (WSQ) system, including courses on Employability Skills.
• Three components to the WTS, namely (a) Employer Grant, (b) Training Commitment Award and (c) Workfare-Skill Up.
10.30am Refreshment
10.50am Infocomm@SME programme by IDA

• An integrated approach to assist SMEs in adopting ICT to improve their productivity & growth.
• Include new initiatives like iSPRINT that provides one-stop assistance and funding to SMEs with differing infocomm needs.
• Range from simple solutions to improve business operations to innovative use of technology that transforms businesses and sectors.
11.10am Business Capabilities for Internationalisation by IE Singapore

• Market Access Capability – SME Market Access Programme (SME MAP)
• Financing Capability – iFinance Programme
• Alliances Capability – iPartners Programme
11.30am SME Productivity Roadmap (SME-PRO) by SPRING

• Productivity@Work Website
• Assistance for SMEs – Key Incentive Schemes
11.55am Q & A
12.30pm End of Dialogue
1.30pm Registration
2.00pm Economic Outlook of the Region and Singapore
By Mr Song Seng Wun, Executive Director & Regional Economist, CIMB-GK Research
2.20pm Update of ESC Recommendations
By Ministry of Finance
2.40pm Panel Discussion / Dialogue

* Mr Tharman Shanmugaratnam,
Minister for Finance

* Mr Lim Swee Say, Secretary General, NTUC;
Minister, Prime Minister’s Office

* Mrs Lim Hwee Hua,
Minister, Prime Minister’s Office;
2nd Minister for Finance and Transport

* Mr Gan Kim Yong,
Minister for Manpower

* Mr Tony Chew,
Chairman, SBF

* Mr Gautam Banerjee,
Executive Chairman,PWC LLP, Singapore;
Council Member, SBF
4.00pm End of Dialogue

------------------------------------------------------------------------------------------------------ Programme is correct at time of print
 
   

Administrative Details

[ ] SNEF Members – $38.00
[ ] Non-Members - $76.00

1. Please fax/email registration form to reserve a seat. Registration is on a first-come, first-served basis. Admission shall be allowed only upon presentation of confirmation from SNEF (i.e. confirmation stamp on the registration form).

2. The amount is inclusive of 7% GST and the seat confirmation is on first-come-first-serve basis.

3. Please enclose cheque payable to “Singapore Business Federation”, indicating the “Ref No., Company Name and Participant’s Name” on the reverse side of cheque. Mail the cheque to SBF, SBF (10 Hoe Chiang Road, #22-00, Keppel Towers, Singapore 089315).

4. If you have registered and unable to attend the briefing, please inform SNEF at least one day in writing before the event, otherwise we will charge the member fee for your reservation. SNEF reserves the full right to cancel, refund or make adjustments to the event.

5. Please present the email / fax confirmation upon registration.

6. For more information, please contact us at 6827-6955 or mrevent@snef.org.sg.

7. As a precautionary measure, our advice is for members who are unwell not to attend the session.

8. Please download the form for registration. Click here

  
   


 
     
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