ISSUE 05 • NOVEMBER 2017 MCI (P) 067/02/2017 A publication of the Singapore Indian Chamber of Commerce and Industry Singapore Indian Chamber of Commerce & Industry ESTABLISHED 1924 Everyone has a stake in the future of our economy - Finance Minister Heng Swee Keat
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ISSUE 05 • NOVEMBER 2017MCI (P) 067/02/2017
A publication of the Singapore Indian Chamber of Commerce and Industry
Singapore Indian Chamberof Commerce & Industry
ESTABLISHED 1924
Everyone has a stake in the future of our economy
- Finance Minister Heng Swee Keat
Dr T Chandroo Vice-Chairman
Modern Montessori International Pte Ltd
Board of Directors
Mr Neil ParekhVice-Chairman
Individual Member
Mr S KesavanDiamond Glass Enterprise Pte Ltd
Mr SV PadmanabhanOlam International Pte Ltd
Mr Ashok KhoslaOM Associates Pte Ltd
Ms Helen CamposMC Corporate Services Pte Ltd
Mr Mohan Das NaiduIndividual Member
Mr Deepak SingapuriNew Light Enterprises
Mr JP JaiswalPeakmore International Pte Ltd
Dr R TheyvendranChairman
Stamford Media International Pte Ltd
Mr Akber AliHonorary Treasurer
Akber Ali & Co
SICCI Connect is a newsletter of the Singapore Indian Chamber of Commerce and Industry. You may send your comments to:
Copyright is held by the Singapore Indian Chamber of Commerce and Industry (SICCI). All rights reserved. Feel free to reproduce reports in whole or part, but please credit SICCI Connect.
Ms Jayanthi ManianChase Resource Management Pte Ltd
Dato Thiayagarajan VTJothi Impex Pte Ltd
Mr S PalaniappanAbiramee Jewellers
Mr Hanif Moez NomanbhoyNomanbhoy & Sons Pte Ltd
Mr TRV RajanTechcom Solutions Pte Ltd
Capt Subhangshu DuttIndividual Member
SICCI’S BOARD OF DIRECTORS(2016 – 2018)
SICCI PANEL OF ADVISORS
EDITORIAL INFORMATIONCONTENTS
Editorial TeamDr. R. TheyvendranMr. Dhavakumaran M.
Singapore Indian Chamberof Commerce & Industry
ESTABLISHED 1924
Scan QR Code for the e-copy of SICCI Connect
Ms Indranee RajahSenior Minister of State
Ministry of Finance & Ministry of Law
Mr J Y PillayChairman, Council of Presidential Advisers
Rector, College of Elise and Peter Tan (NUS)Board Member of Vatican, Financial Information
Authority
Mr S Chandra DasSingapore High Commissioner to Sri Lanka
(non-resident)Managing Director, Nur Investment & Trading Pte Ltd
Mr Sat Pal KhattarChairman, Khattar Holdings Pte Ltd.
Mr R JayachandranHigh Commissioner to the Republic of Mauritius
(non-resident)Executive Chairman,
Napier Healthcare Solutions Pte Ltd
Mr K V RaoResident Director, ASEAN
Tata Sons Limited
The Editor
Singapore Indian Chamber of Commerce and Industry
SICCI Building31 Stanley StreetSingapore 068740Telephone: 6222 2855Website: www.sicci.comEmail: [email protected]
Chairman’s Message .....................................................1Transformation at all levels ..........................................2SICCI Conference on India ..........................................4Conference Speakers ...................................................5Conference Highlights .................................................7Congratulatory messages from the conference delegates Kudos from the Speakers ...........................8SICCI receives SBF Recognition Award ......................9Exclusive Night for Members ....................................11Networking photos ....................................................13Opportunities in Sri Lanka .........................................14Recognition for Service to Business Community .....15Opportunities in Maharahstra ...................................16Members visit NTU .....................................................183D Print Your Competitive Edge ...............................20SME Centre Appreciation Day ..................................21Why Collaborate? Because you cannot do everything yourself .....................................................22Recognition for SMEs .................................................23Get Export Help Today ..............................................24Tandoor, a gastronomic journey through North India ..................................................................25Trade Match ................................................................28
SICCI CONNECT 1
CHAIRMAN’S MESSAGE
Dear Members,
We are bringing together members from the Chinese and Malay chambers and representatives from SBF, IE Singapore, and SPRING for our inter-ethnic Deepavali Night Gala event on 26th November. President Halimah Yacob is our guest-of-honour. The event showcases the unity among the various ethnic groups in Singapore.
Finance Minister Heng Swee Keat recently spoke on the importance of continuously acquiring and developing skills and capabilities in tandem with the changing nature of work. I urge all members to fully uitilise the SkillsFuture initiatives rolled out by the Government.
We held a successful conference that helped delegates gain a better understanding of doing business in India. Member of Parliament Mr Vikram Nair commended SICCI for helping the Singapore Indian business community explore new avenues of growth.
Business delegates from Sri Lanka, Tamil Nadu and Kerala recently visited the Chamber to exchange business ideas, network and seek mutual cooperation in trade and investment. Our members from various industries were given the opportunity to present their business profiles and network.
We are collaborating with NTU on the benefits of technology and the skills needed to be ready for the future economy. Members can use cutting edge technology to improve their work processes, increase productivity and save costs.
India and ASEAN are celebrating 25 years of strategic partnership. To commemorate this partnership, the Government of India is holding an India-ASEAN Dialogue in Singapore in January 2018. SICCI is a supporting partner of this event which was last hosted in Singapore 10 years ago. We hope that you would participate and make this event a grand success.
Wishing you success in all your endeavours.
Members should develop new skills and capabilities to be ready for the future economy.
Dr R. TheyvendranChairman, Board of DirectorsSingapore Indian Chamber of Commerce and Industry
SICCI CONNECT 2
COVER STORY
Addressing the business community, government agencies, and trade associations and chambers, Mr Heng said that amid the changes and talk on the future economy, there are continued growth opportunities with Asia leading the global growth outlook.
“Everyone has a stake in the future of our economy; everyone has a critical role to play, and everyone has to act as one,” he said.
“At the national level, the Government, SBF as the apex business chamber, and our unions’ role is to work on the conditions for growth and catalyse partnerships and capability development.
“At the industry level, our Trade Associations and Chambers (TACs) must lead sector-wide initiatives and seek shared solutions for their members,” he added.
Transformation at all levelsMr Heng Swee Keat, Minister for Finance and Chairman of the Future Economy Council delivered a keynote address on 1st November at the inaugural Future Economy Conference and Exhibition organized by the Singapore Business Federation (SBF) at the Marina Sands Expo and Convention Centre. SICCI was a supporting partner of the conference.
A special focus of the 2-day conference was on the Industry Transformation Maps (ITMs). Consultation clinics were helmed by government agencies and TACs deeply involved in implementing the ITMs. Through these consultation clinics, businesses learned how they can become future-ready by understanding their industry’s transformation plan better, how they can transform and what support and assistance are available.
Said Mr Heng, “This conference is a great example of one of the ways in which SBF and TACs can play a leadership role. SBF and the TACs in particular must play a leadership role to drive initiatives that will level up the sectors and create value for all their members.”
Recently, thirty-one Singapore TACs and business groups came together to form the TAC Compact.
Our Trade Associations and Chambers (TACs)
must lead sector-wide
initiatives and seek shared solutions for
their members.- Finance Minister Heng Swee Keat
COVER STORY
Welcoming such a move, Mr Heng said, “As a stronger enabler of the business community, the TAC Compact can better mobilise support for collective ideas, resources and efforts to navigate complex business challenges in a collaborative manner. I encourage business leaders to lend your support and expertise to these Issues Committees and our TACs’ Councils.”
The conference also saw the signing of a Memorandum of Intent between SBF and IMDA.
SBF and IMDA will collaborate to engage trade associations, business chambers and businesses to help enable digital adoption and transformation. The partnership will facilitate, identify and recommend programmes and initiatives to assist the Digitalisation Issues Committee.
SICCI Chairman Dr R Theyvendran sits on the committee that aims to drive digital adoption and transformation across the Singapore business community.
SkillsFuture
Mr Heng also spoke on the importance of continuously acquiring and developing skills and capabilities in tandem with the changing nature of work.
He said, “We are continually building upon our SkillsFuture initiatives, to support individuals to reskill and upskill. Individuals should make the most of SkillsFuture, as well as learning opportunities elsewhere, to build up their relevance and confidence.”
Mr Heng emphasized that the future economy called for transformation at all levels and added, ‘This transformation is a national effort that requires the active support of leaders from SBF and our industry bodies, along with our companies and workers. I hope many of you will come forth to lend your strengths and support. Let us partner across all levels and strengthen these interwoven networks to transform our economy together.”
The conference also saw the signing of a Memorandum of Intent between SBF and IMDA.
SICCI CONNECT 3
SICCI CONNECT 4
SICCI Conference on IndiaSICCI organised a conference on 2nd October at the Suntec Convention Centre on ‘Understanding and Overcoming the Challenges’ of doing business in India. Nearly 300 delegates attended the conference. Mr Vikram Nair, MP for Sembawang GRC was the guest-of-honour with special guest Mr. Ninad S. Deshpande, Deputy Indian High Commissioner.
In his opening address, Mr Vikram Nair said that there has been much focus on India, “It has a huge consumer market, growing and affluent middle class, young and vibrant population, investor confidence, smart city initiatives, and e-commerce opportunities.”
He added, “Our trade associations and chambers are a valuable platform for members to network and strengthen their business ties. They allow members to gain access to new markets and enhance their business development efforts.
The Singapore Indian Chamber has over the years become an important voice for the Indian business community”.
Welcoming the delegates to the conference, SICCI Chairman Dr R Theyvendran said that SICCI actively encourages members to explore new growth areas for their products and services, and seek new investment opportunities.
He said, “India is a market brimming with potential. Under PM Modi’s favourable and open policy environment, there are many significant investment opportunities in India for Singapore companies.
“The Smart Cities initiative also opens doors in the energy, building, and logistics sectors. Singapore is seen as a smart nation that is very relevant to the aspirations of new India.“
Guest of Honour Mr Vikram Nair MP for Sembawang GRC giving the opening address at the SICCI Conference.
FEATURE
SICCI CONNECT 5
Conference SpeakersThe conference focused on legal, taxation and banking challenges unique to India.
Conference speakers from right - Mr Tay Lian Chew, Group Director, North and South Asia Group, International Enterprise Singapore, Mr Amit Sinha, Managing Director, Global Head,
Telecommunications Media & Technology, DBS Limited, Mr Ajay Kumar Sanganeria, Tax Partner, KPMG Singapore, Mr Chandra Mohan Rethnam, Head Commercial Litigation, Rajah and Tann,
Singapore and moderator Mr Allen J Pathmarajah, Executive Chairman of the AJP Advisers Group.
If you are going to India, there is one important thing - please navigate. Make sure that if you are going - in some ventures it is useful to have a partner who can help you,
- Mr Chandra Mohan Rethnam from Rajah and Tann
Taxation and exchange control regulations will continue to be two key areas to be mindful of and should be addressed at the planning stages of market entry
- Mr Ajay Kumar Sanganeria from KPMG Singapore
IE Singapore has helped companies succeed in India.
- Mr Tay Lian Chew from IE Singapore.
FEATURE
SICCI CONNECT 6
Guest of Honour MP Vikram Nair and Special Guest Deputy Indian High Commissioner Mr. Ninad S. Deshpande being welcomed by SICCI Chairman Dr R Theyvendran,
SICCI Vice Chairman Mr Neil Parekh and CEO Mr Sunil Peter.
For more conference details please visit SICCI Facebook.
For SMEs, the key part is to figure out what are the large projects, which are the right counterparties, and which risks are worth them taking. And then, they can add value.
- Mr Amit Sinha from DBS Limited
FEATURE
SICCI CONNECT 7
Conference HighlightsFEATURE
SICCI CONNECT 8
Congratulatory messages from the conference delegatesReally appreciative of the efforts put in by SICCI to host an impressive Conference. It was very informative and useful. - R. Ragunathan, Partner, PWC
The Conference was very impressive and useful - Venkat Iyer, Director, DigiVation World Pte Ltd
Thank you for organising the Event - Rafee Salleh, Senior Manager, SSA Group of Companies
Congratulations on organising a brilliant conference. The speakers, the content, timing… everything was great !! Much appreciated - Mrigank Ojha, Managing Director, Exponent Global Consulting Pte Ltd
Thank you for the wonderful Conference. It was well planned out. - Galvin Ong, Senior Associate, DBS Bank
I am learning a lot, and it’s a good conference.- Adrian Lim, CEO, CardPlus Pte Ltd
Ajay K. Sanganeria, Tax Partner, KPMG – It was great to join hands with other speakers for this event. Many thanks for organizing this and involving us.
Amit R. Sinha, Managing Director, Global Head – Telecommunications Media & Technology, DBS Bank – Great to be part of the event and sharing the podium with other speakers for the panel discussion.
Kudos from the Speakers
Thank you for the event. I learnt a lot about India. - S. Gunasegaran, Director, Pixibit Pte Ltd
It was a good event and was very useful. Our support will always be there for SICCI. - S. Jaafar Ghany, Chairman & Group Director, Unipro Groups Pte Ltd
Well organised and well done. Congrats! All the best for future events. - Thomas Joseph, General Manager, Business Thinking Systems (Singapore) Pte Ltd
Thank you for the well organised Conference. - Sonam Chauhan, Tax Manager, KPMG
A very helpful conference. - Jason Tan, Finance Director, ASM Assembly Systems Singapore Pte Ltd
The Conference was quite useful to me - K. Krishnan, Director, International Fibre Resources Pte Ltd
Chandra Mohan, Head – Commercial Litigation, Rajah & Tann – It was a pleasure to be part of the conference and many thanks to you and your team for putting up a fantastic show. It was great to work with you and the other speakers on this. Thanks again!
FEATURE
SICCI CONNECT 9
The Singapore Business Federation (SBF) commemorated its 15th anniversary with a Gala Dinner on 6th October 2017 at the Shangri-La Hotel. The dinner was attended by some 1,000 individuals comprising ministers, members of the diplomatic corps, trade associations and chambers and members of the business community. Former President Tony Tan also graced the occasion as Guest-of-Honour.
The Singapore Indian Chamber of Commerce and Industry (SICCI) received the SBF Recognition Awards. The Awards acknowledge the contribution and support of individuals and organisations to the Federation. They are also intended to encourage members of the business community to collaborate more closely with SBF so as to foster a closer and
SICCI receives SBF Recognition AwardThe award recognizes SICCI’s contributions throughout the years to the Singapore business community.
stronger network. SICCI Chairman, Dr R Theyvendran received the award from SBF.
SICCI is one of Singapore’s most respected and active business chambers today, with 1000 members. Its subsidiaries – SICCI-Trade Match, SME Centre@SICCI and SICCI-Institute of Business (IOB) – offer members and the wider corporate community a diverse range of services to meet their ever growing business through seminars, forums, training programs, courses, advisory services and robust networking opportunities.
SICCI works closely with trade associations and business chambers to further the interests of members and facilitate the growth of the Singapore business community.
From left: SBF Chairman Mr SS Teo, SICCI Chairman Dr R Theyvendran and SBF CEO Mr Ho Meng Kit
SICCI CONNECT 10
SICCI CONNECT 11
Exclusive Night for Members
SICCI organised a members’ networking night in November at the Orchard Hotel. More than 120 members attended the event. Event sponsors ICICI Bank, and Fuji Xerox shared their expert views on banking matters and business solutions respectively.
SICCI Chairman Dr R Theyvendran said that over the years, members have found the networking nights a useful platform to grow their business. He said, “At SICCI, we are always looking to collaborate with industry experts to bring more benefits to our members. We have lined up many exciting events where our members can attend and grow their business.”
“We are also bringing together members from the other ethnic chambers, SBF and other trade associations for our Deepavali Night Gala event on 26th November. Our President Mdm Halimah Yacob is the guest-of-honour.”
New SICCI Members received their membership certificates at the Networking Night from SICCI Chairman Dr R Theyvendran (centre) and SICCI Director Dato Dr Thiayagarajan VT ((5th from left)
Dr Theyvendran strongly encouraged our members to come forward and work closely with the Chamber to unlock their business potential. He added:
”The Chamber is here to enhance your business goals, build on your capabilities, acquire business knowledge and build networks. Be bold in your approach and continue to reposition yourselves for the future economy so that you are able anticipate changes and react quickly.”
FEATURE
SICCI CONNECT 12
Guest-speaker Mr. Anupam Verma, Chief Executive, ICICI Bank Limited talked about the future of banking and how the digital era will
impact banking transactions.
Guest-speaker Mr. Joy Thiraviarajah, Regional Consultant, Fuji Xerox Singapore gave his views on how businesses can leverage on cutting edge technology to improve their
processes. ‘
SICCI Director Ms Jayanthi Manian shared on the details of the Deepavali Night Celebrations
to be held at One Farrer Hotel on 26th November.
SICCI Director Mr S Kesavan shared on the upcoming Singapore Indian Entreprenuers’
Award (SIEA) organised by SICCI in early 2018.
- Oscar De La Hoya
There is always space for improvement, no matter how long you’ve been in the business.
FEATURE
Members from various industry sectors attended the networking night, sharing business ideas and at the same time enjoying the sumptuous Indian cuisine.
FEATURE
SICCI CONNECT 14
Opportunities in Sri LankaDelegates from the Sri Lanka – Singapore Business Council met with SICCI members on 9th November at the Chamber to exchange business ideas, network and seek mutual cooperation in trade and investment
SICCI Chairman Dr R Theyvendran shared on the importance of finding the right business partner when venturing overseas. Such a partnership will help to overcome any challenges and to steer the business in the right direction he said. He urged members and delegates to network and build on business ideas and explore new market opportunities.
The business council’s mission objectives included:
• Promoting exports from Sri Lanka to Singapore
• Encourage joint ventures between Sri Lankan and Singaporean investors
• Exchange information on trade and investment with the various agencies in Singapore
SICCI members from various industries presented their business profiles at the meeting. These sectors included solar panels manufacturing, agro commodities, shipping, safety and health, construction, energy, social media, F&B, trade consultancy, accounting and education.
Mr Niranchana Karthik, Managing Director of digital solutions provider Diglit said, “A very good networking session. I was able to explore new opportunities in Sri Lanka. As a digital solutions provider, my services would be useful to many companies there. I would like to thank SICCI for bringing businesses together and am looking forward to further networking sessions.”
Mr Geoffrey Kua, Regional Business Development Manager of Inter-Continental
Oils & Fats Pte. Ltd shared “After listening to the various business profiles of the delegates, I was able to focus and meet with the business people who I can work with for mutual benefit. A wonderful session. Thank you SICCI.”
Members who are seeking networking opportunities can call 6222 2855 or email
SICCI CONNECT 15
InstaReM: Cost-effective and transparent money transfer platform
With the vision of making cross-border remittances a convenient and cost-effective affair for expats and businesses, Singapore-headquartered FinTech company, InstaReM, has emerged as a strong player in the international payments industry.
Launched in 2011, InstaReM has gone from strength to strength and expanded its network across the globe. A recent milestone in the company’s eventful journey was receiving the Reserve Bank of India’s approval to facilitate overseas remittances from India.
InstaReM plans to start its outbound money remittance services from India by November 2017, in partnership with a leading authorised dealer - category I bank, as per RBI’s governing conditions for the partnership. InstaReM will be able to process outbound remittances from India for transactions related to business, overseas education, medical treatment and more.
With InstaReM consistently ranking as a leader on World Bank’s list of the most cost-effective remittance platforms in various corridors from Australia and Singapore, the FinTech based firm has its eyes set on exploring other payment corridors across the globe including India.
Backed by an automated platform and a widespread network with banks across the world, InstaReM offers transparent international money transfers at a fraction of the cost offered by traditional players in the industry.
Article contributed by InstaReMwww.instarem.com
The former Chairman of SICCI, Mr Shabbir H. Hassanbhai who led the chambers from 2001 to 2004, has been bestowed the Singapore Business Federation (SBF) Recognition Awards
acknowledging his many contributions to the business community. The award was presented at the SBF 15th anniversary celebrations on 6th October. The SBF Award is also intended to encourage members of the business community to collaborate more closely with SBF so as to foster a closer and stronger network.
Mr Shabbir is Singapore’s Non-Resident High Commissioner to the Republic of
Recognition for Service to Business Community
‘Once you give to others, you grow more in touch with how much you have. Goodness begets goodness.’
Nigeria, and holds directorships of several companies, including Indo Straits Trading Co Pte Ltd. He serves as Vice President of the Singapore Indian Development Association (SINDA)’s executive council, and is Chairman of the advisory board of the NTU-SBF Centre for African studies.
Mr Shabbir was presented the Public Service Medal in 2010, and received the long-service award from the National Council of Social Service in 2011.
SICCI CONNECT 16
Opportunities in Maharahstra The Institute of South Asian Studies (ISAS) and Confederation of Indian Industry (CII) held the Chief Minister Lecture in September supported by the High Commission of India.
Mr Devendra Fadnavis, Chief Minister of the Indian state of Maharashtra shared his views on ‘Infrastructure-led Growth: Maharashtra – India’s Engine of Development’. Mr Fadnavis was in Singapore as the 57th Lee Kuan Yew Exchange Fellow. He cited the Mumbai Metro, Mumbai Trans Harbour Link and a super expressway as projects that had benefitted from the administrative streamlining by his office.
The Chief Minister focused on three key areas, namely, agriculture, ease of doing business and infrastructure development. Mr Fadnavis explained that the adoption of a “consent land acquisition” model has facilitated the smooth procurement of land for key projects. Under this model, the Maharashtra government offers farmers repatriation worth
several times that of the value of their land, leading to a conducive sale for the farmers. He also noted India’s high potential in terms of its demographic dividend and urged potential investors to collaborate with Maharashtra for mutual growth.
The questions during the active discussion ranged from solving waste and flood management, slum redevelopment and conversation of heritage sites to aviation opportunities, port development and administrative reforms to address the challenges of the state.
Chairing the session, Ambassador-at-Large Gopinath Pillai, Chairman of ISAS, shared his 30-year experience of doing business in India.
“States like Maharashtra, in particular, are taking the lead in reforming business conditions and reducing costs for investors. If Maharashtra can hasten its efforts in this regard, and if other states in India can learn from these examples, then the investment conditions in India would vastly improve”, said Ambassador Pillai. He applauded the fact that Maharashtra was perhaps the most business-friendly state of India.
Article and Photo courtesy of ISAS
(Left) Mr Devendra Fadnavis, Chief Minister Maharashtra and Ambassador-at-Large Mr Gopinath Pillai,
Chairman of ISAS
SICCI CONNECT 17
‘Achieving Success’In October, SICCI Chairman Dr R Theyvendran gave a talk to 70 students and faculty members from Mumbai on ‘Achieving Success’. The students gained valuable insights on how they can become successful leaders. Each student was presented with a certificate of participation. The talk was held at the MDIS auditorium.
Kerala Ministerial VisitA Kerala Ministerial Delegation led by Mr T P Ramakrishnan, Minister for Labour & Skill Development, Government of Kerala (Centre) visited SICCI in November to look into skills upgrading and business opportunities. SICCI Board Members Mr Venkat Padmanabhan, Ms Helen Campos and Dato Dr Thiayagarajan and CEO Mr Sunil Peter represented the Chamber.
MOU with Tamil Nadu Chamber of Commerce
SICCI hosted delegates from the Tamil Nadu Chamber of Commerce. A MOU was signed during the event by SICCI Vice Chairman Dr T Chandroo and Mr James Chelladurai, General Manager of Tamil Nadu Chamber.
EVENTS
Members visit NTU SICCI organized a visit recently to Nanyang Technological University (NTU) robotics and 3D printing labs to allow members to gain first-hand experience on how the latest technologies are impacting today’s businesses.
NEW TECHNOLOGY
Robotics
The EDGAR series of robots are social robots developed entirely at the Nanyang Technological University (NTU), Singapore. They represent a part of the global effort to revolutionize the way humans interact with robots. With robots like these, the hope is that human-robot interaction can become easier and more natural. Soon, robots will need only inputs such as human speech, contextual cues and the nuances of body language in order to understand how they can assist us. New improvements are constantly added to the EDGAR robots.
SICCI members were able to interact with Edgar 2.0 at the robotics lab. Edgar 2.0 performed at this year’s National Day Parade.
Robotics is making rapid progress where many traditional jobs will be phased out and
SICCI Members at the NTU Robotics lab
replaced by robots. The Chamber would like to encourage its members to be aware and prepare themselves for these technological changes that will invade and possibly make many jobs in varied sectors such as telemarketing, manufacturing, warehousing, logistics, F&B and office administration redundant.
SICCI CONNECT 18
SICCI CONNECT 19
NEW TECHNOLOGY
3D Printing
3D printing creates solid parts by building up objects one layer at a time. Producing parts via this method offers many advantages over traditional manufacturing techniques. There are many applications where a 3D printer is able to deliver a design quickly, with high accuracy from a functional material. Understanding the advantages of 3D printing allows designers to make better decisions when selecting a manufacturing technique that results delivery of the optimal product.
NTU’s Singapore Centre for 3D Printing aspires to be a national centre of excellence, to consolidate cutting edge technology and research in the area of 3D printing. The centre aims to build on Nanyang Technology University’s (NTU) existing strengths and competencies in 3D printing for manufacturing and precision engineering.
3D printing allows designers to be creative
SICCI Member Mr Guna, Director, Pixbit Pte Ltd shared “Thank you for organising the NTU visit. I really enjoyed the visit and managed to interact with many potential partners in digital media domain. Looking forward to taking part in future events. The visit opened up a new door for Pixibit to collaborate with NTU in developing robotic and 3D printing based business ideas.”
Mr Anant Karnik added, “It was a wonderful trip. The visit was full of latest technology and the benefits to enterprises.”
Visit our Facebook for full photos of the visit:
https://www.facebook.com/SingaporeIndianChamber
SICCI CONNECT 20
NEW TECHNOLOGY
3D Print Your Competitive Edge3D printing is identified by Singapore as one of the key technologies in future of manufacturing and construction. Singapore sees 3D printing as an enabler of industries: increasing productivity, reducing cost and realising previously impossible to create products.
Few may have heard of Additive Manufacturing (AM), or otherwise known as Three Dimensional Printing (3D Printing). However, that will soon change as The Economist has forecasted 3D printing to be the leading force in a third industrial revolution.
Simply put, 3D Printing is a revolutionary engineering technology that enables the fabrication of 3D parts using a computer-aided programme which adds the materials sequentially, layer by layer. Two key advantages of 3D Printing are the abilities to print highly complex models and structures, and with no material wastage and additional material cost. Therefore, 3D Printing can potentially reduce manufacturing costs, and build more environmentally friendly products.
The Singapore Centre for 3D Printing (SC3DP) in Nanyang Technological University (NTU), Singapore, is where the future of 3D printing takes shape. Officially launched on 17 May 2016, the Centre is supported by Singapore’s National Research Foundation and other government agencies. The Centre endeavours to be a world leader in 3D printing and a wellspring of knowledge. In addition to attracting leading researchers and nurturing a skilled talent pool, the Centre aims to
establish strong linkages with the industry and deliver innovative, state-of-the-art solutions.
SC3DP researcher using a Selective Laser Melting Machine (SLM) for 3D printing.
The Centre has identified six key areas of research: future of manufacturing, aerospace and defence, building and construction, marine and offshore, biomedical and food, and electronics. Examples of ongoing research range from 3D printing of lightweight unmanned aerial vehicles (UAVs) to healthy puree food targeted at elderly patients who experience difficulty in chewing and swallowing solid food.
The next SSG 3D Printing for Rapid Product Development course will be held on 12-17 January 2018. Participants will learn about 3D Printing techniques, applications, case studies and trends. It includes a 1-day workshop where one will get to observe and understand 12 different 3D Printing systems (printing cells, chocolate, circuits, copper and concrete). This course is supported by SkillsFuture.
More information on this course can be found online at http://sc3dp.ntu.edu.sg or by email to [email protected].
Article contributed by NTU
SC3DP Executive Director, Dr Chua Chee Kai, examining 3D printed metal industrial component.
SC3DP researcher using a Selective Laser Melting Machine (SLM) for 3D printing.
SICCI CONNECT 21
SME Centre Appreciation DaySME
The SME Centre Appreciation Day was held on 19th October 2017 at Suntec City facilitated by SPRING Singapore. Through SPRING the five SME Centres had shared and provided their perspectives on the framework for supporting Small and Medium businesses in Singapore.
SME Centre@SICCI Chairperson and SICCI Director Ms Helen
Campos (centre) with the Chief Executive of
SPRING Mr Poon Hong Yuen and the Business Advisors at the
appreciation dinner.
The Chief Executive of SPRING, Mr Poon Hong Yuen addressed the attendees who included representatives from the Chinese and Malay Chambers, Association of Small and Medium Enterprises and Singapore Manufacturing Federation.
Mr Poon introduced the eleven group-based upgrading solutions, which are currently being worked by the various SME centres.
The group-based upgrading solutions are projects that SME Centres pursue in addressing sectoral issues or problems faced in a locality by Small and Medium Enterprises in Singapore.
In sharing examples of these projects, the partners from various agencies presented their solutions to the floor, providing SPRING the opportunity to showcase the achievements from each of the SME centres.
Ms Kritika Rajwani, a business advisor from the Singapore Indian Chamber of Commerce & Industry (SICCI) SME Centre was proudly featured for her innovative project: “Just Place and Press! - Improving the measurement process of the Manufacturing industry!”
Just Place and Press! aims to modernize the laborious job function of component measurement in the Manufacturing sector in Singapore.
Ms. Kritika Rajwani explaining her project at the SME Centre Appreciation Day on
19th October 2017.
(An article on the solution was featured in SICCI Connect September 2017 issue)
Having met with a handful of component manufacturers and conducting productivity diagnosis, Kritika noted that there was a potential to automate their internal measurement processes and workflow management issues that are unique to these manufacturing factories.
This initiative is seen as a significant advancement within the Component Manufacturing field. With a strong focus on automation being the key, this project is set to garner interest from the businesses in the Manufacturing Industry that are looking to embrace change and be ready for the next generation.
SICCI CONNECT 22
SMEs face enough challenges these days without making their busy lives unnecessarily harder. Working with other SMEs – in Singapore and elsewhere in the world – can go a long way to making your business journey easier. Too many SMEs struggle to grow because they try to do so much on their own, especially in the early years. Few take advantage of the benefits that
can be gained by collaborating with other small business owners. Working in cooperation with other SMEs can help you grow your business faster and further, at lower cost and with less risk.
Can you imagine needing to raise money for your business, but then finding out that you don’t need as much as you originally thought? What about needing three extra staff, then realizing there may be a way to grow with just one, saving you a lot of money?
Collaboration can make these things happen…and so much more. Being a SICCI member and part of the Indian diaspora, you have a unique and fantastic opportunity for collaboration right on your doorstep. Indian entrepreneurs are some of the best networkers in the world and, in our experience, are always ready and flexible to take advantage of an opportunity, no matter where or what it is.
Why Collaborate? Because you cannot do everything yourselfSICCI Associate Corporate Member ‘bizzi’ shares on how SMEs can work together for mutual benefit.
So how do you get started with collaboration?
One of the best pieces of advice we give to SMEs we talk to is to trust in your business’s expertise. Your expertise is what your customers love you for. Do not deviate from this unless you have the time, the funds and the market to expand your offering. Once you have clearly defined your expertise, the aim of collaboration is to look for complimentary businesses that can actually support your growth.
Collaboration is also great for sharing ideas, knowledge exchange and feedback. And, since everyone needs something for their business, you can also use this approach to source products and services from other SMEs, and have them source from you.
Don’t be afraid to look for collaborations in overseas markets. It is a quick and low-cost way to explore and enable overseas expansion with less risk. If trust is an issue, start with the business owners you know well. They will be able to recommend contacts they trust, providing reliable organic growth for your collaboration.
You have so much opportunity to expand through collaboration with SICCI’s members! Get in touch with them, as well as with all of those business owners you know in India itself. Share with
A little time and thought spent on collaboration will give your business the potential to grow beyond what you thought possible. And you won’t have to do it alone.
www.bizzi.co
MEMBERS SECTION
SICCI CONNECT 23
MEMBERS SECTION
The initiative, in its maiden year, seeks to recognize the noteworthy achievements of Small- and Medium-sized Enterprises (SME) in Singapore.
“The D&B Business Eminence Awards was conceived to provide well-deserved recognition to SMEs, which have not only achieved outstanding financial performance, but also demonstrated good growth potential, nurturing an innovative culture, and entrepreneurship.” said Ms Audrey Chia, Chief Executive Officer of Dun & Bradstreet Singapore.
The Gala event was held at Mandarin Oriental, where this year’s award winners were commended on their performances of their businesses in 2017.
With a diverse pool of winners this year from across a variety industries and unique business models, it was certainly not easy to identify and shortlist the winners. Winners range from the Meetings, Incentives, Conferences, and Exhibitions (MICE) industry to the cybersecurity industry.
“Despite the global uncertainties and challenges in the recent years, we are heartened to see that there are companies which have performed well and thrived amidst such a challenging environment.” added Ms Chia
Some of the winners at the event include Singapore Cruise Centre, Sunway Concrete,
Recognition for SMEsThis year, SICCI Corporate Member Dun & Bradstreet Singapore paid tribute to 46 Eminent Businesses with its inaugural Business Eminence Awards 2017.
Rhodium International, SSA Group, ITCAN, and KRD Enterprise.
To qualify as an Eminent Business, the company must have first achieved profitability over the last two financial years, registered with the Accounting & Corporate Regulatory Authority (ACRA), and be in operations for at least 3 years with an annual turnover of between S$1 million to S$100 million.
“We have spent close to a year to verify each and every one of the nominees who had submitted their entries.” Ms Chia said.
Other parameters include indicators of business excellence such as corporate social responsibility.
As Singapore continues to ride through the challenges brought on by the uncertain global economy, the Business Eminence Awards sends a vote of confidence and a message of support to the SMEs in Singapore.
“We are hopeful that the various government initiatives will help spur the SME community in Singapore towards adopting smarter technologies, embracing innovation and enhancing the skills and competencies of their employees to remain relevant in this age of disruption.” said Ms Chia.
To apply for the Business Eminence Awards, please go to Dun & Bradstreet’s website at http://www.dnb.com.sg/BE-Awards.html.
SICCI CONNECT 24
Launched in August 2017, International Enterprise (IE) Singapore’s Tariff Finder is a complimentary, online database, continuously updated with key trade information. With just a few clicks, you can now find country specific information on tariff and non-tariff trade measures for over 100 countries.
Tariff and Non-Tariff information can be obtained easily just by keying in the country of origin, destination country and a product description, or a product Harmonised System (HS) code. If you wish to find your product’s code, the database contains a comprehensive list of products and their corresponding HS codes, which can be used as guidance.
The Tariff Finder contains 4 modules: Nomenclatures, Tariffs and Taxes, Rules of Origin, and Import Formalities.
Nomenclatures: Search for product’s Harmonised System (HS) code.
Tariffs and Taxes: Check Customs duties, preferential tariffs and taxes applicable to
IE SINGAPORE
Get Export Help TodayKnow your export markets with IE Singapore’s Tariff Finder
a specific product, and to the destination country.
Rules of Origin: Find the Rules of Origin to qualify for preferential tariffs under Free Trade Agreements (FTAs).
Import Formalities: Find the import procedures and documents required for import into the destination country.
To access the complimentary Tariff Finder service, simply visit www.iesingapore.gov.sg/FTA.
Register for an account using your corporate email address and company’s Unique Entity Number (UEN) and you can get your export questions answered.
If you experience problems with your registration, please send an email to [email protected] and the support team will provide you with the required assistance.
Article contributed by IE Singapore
SICCI CONNECT 25
Established in 1985, Tandoor, Singapore’s most awarded Indian restaurant at Holiday Inn® Singapore Orchard City Centre, takes diners on a journey with authentic prepared traditional North Indian cuisine that pay homage to the colourful stories that make up the country’s rich culinary heritage.
Tandoor, a gastronomic journey through North India
Hailing from across India, its menu reflects the aromatic spreads of the country’s diverse regions covering the coastal areas of Goa, Mangalore, Lucknow, Punjab and more. Among its famed signature dishes are the classic Tawa Meen where spiced fish is wrapped in banana leaf and chargrilled. The Mango Curry is also one dish not to be missed, a Tandoor exclusive featuring a unique mix of sweet, ripe mangoes in a savoury, spicy curry which keeps diners coming back for more.
ADVERTORIAL
SICCI CONNECT 26
ADVERTORIAL
Tandoor also offers cocktails such as the Bollywood Bellini, a lychee and champagne cocktail, and the Chai Mojito, Masala-infused rum with mint, coriander and soda, and an impressive list of 40 labels of Old and New World wines. Each dish is carefully handcrafted by the culinary team using classic recipes and time-honoured methods which date back in time across India’s rich history.
Contemporary & modern yet laced with tradition, Tandoor, presents an inviting atmosphere where you can enjoy good food and great conversations with family, friends
and clients alike. Its décor and understated palette complement the backlit alabaster wall panels featuring Jaali, a latticed screen typical of Indian architecture, while the twin pillars house the traditional Indian craft of inlay mirrors.Serving lunch, dinner and buffet brunch on Sundays, the restaurant maintains its affordable price point, making it an accessible restaurant for fine North Indian cuisine. The adjoining private dining room, Maharajah Suite, can seat up to 50 people and is a perfect venue for a private meal with your esteemed guests.
Tandoor offers 25% off the total bill to all SICCI MembersTerms and conditions:• Members of the Singapore Indian Chamber of Commerce must
present the ref code SICCI17 when asking for the bill• Prior reservations is required. For reservations, please call +65
6733 8333 or email [email protected]• Not valid in conjunction with other discounts, offers, promotions,
vouchers and privileges• The management reserves the right to amend the terms and
conditions without prior notice• Offer will be valid till 31 December 2017.
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Trade Match
GRANDLENS PRODUCTION
Contact Name : Raja RajanContact No : +65 8321 0874Email : productiongrandlens@ gmail.com
Description: Services include event photography and video, instant photobooth, studio/outdoor photography, corporate events, cinematic video, photo/video editing, shows/arangetram, wedding/engagement/ROM/birthday, specialised photobook designs.
MOXY STEEL IMPEX
Contact Name : Lalit Bokadia Contact No : + 91-9869006100 Email : [email protected]
Description: Stainless steel Plates, Sheets, Coils, Strips,Pipes /Tubes/ PIPE FITTINGS ( Seamless & Welded), Round, Square, Flat, Hexagon , big size fabricated Pipes with 100% Radiography, Wire, Circle, Fasteners Valve, Perforated Sheet, Wire mesh etc. in the grade of AISI / ASTM A213, A269, A312, A240 TP 304, 304L, 304H, 316, , 316L, 321, 309, 310 310H, 347, 410, 430, 431 etc. and any other type of metals in ASTM, BSS, DIN, SAE, ISS & all international grades.
SINGHAL INDUSTRIES
Contact Name : Ajit Contact No : +91 9081800663
Description: Manufacturer & exporter of a wide variety of plastic packaging material such FIBC/ Jumbo/ Big Bags (Used for packaging for transportation of dry and flow-able products), Polypropylene Woven Bags with/without Liners (for packaging of salt, grains, sugar, cement, fertiliser, fodder etc.), Leno Mesh Bags (for packaging of fruits, vegetables and firewood), 350 Tons of FIBC’s, 150 Tons of PP Woven Bags, 120 Tons of Leno Mesh Bags & 80 tons of Geo-textile Bags & Sheets every month and well equipped with Clean room (for Food Grade Bags) with certifications.
COIR PRODUCTS
Contact Name : Sivakumrajja Email : sivakumarhuskchips@ gmail.com
Description: Company provides a wide range of Coir Products such as husk chips, Coir Pith ( coco peat), Fiber, Grow Bags, Coconut. Looking for importers from Singapore.
SICCI CONNECT 28
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