The Singapore Business Federation (SBF) convened the 9th Singapore Regional Business Forum (SRBF) in Bangkok on 19 August 2025, marking a significant milestone with the signing of the Singapore-Thailand Implementation Agreement on Carbon Credits Collaboration. This agreement, signed by Singapore’s Minister for Manpower and Minister-in-charge of Energy and Science & Technology, Tan See Leng, and Thailand’s Minister of Natural Resources and Environment, Chalermchai Sri-on, represents a pivotal step in operationalising carbon market mechanisms in the region.
The Forum, celebrating 60 years of diplomatic relations between Singapore and Thailand, attracted over 450 participants from 25 economies, including senior policymakers, business leaders, and investors. The event focused on themes such as green transformation, digital trade, and sustainable finance, crucial for fostering long-term business resilience in ASEAN.
Keynote speakers, including Thailand’s Deputy Prime Minister and Minister of Finance, Pichai Chunhavajira, highlighted the importance of adaptive policy frameworks and cross-border innovation. Additionally, a Memorandum of Understanding (MOU) was signed between SBF and the Thailand Board of Investment to boost trade and bilateral cooperation.
SBF Chairman S. S. Teo emphasised the need for collective leadership to navigate global economic shifts, reaffirming SBF’s commitment to regional cooperation. The Forum also featured breakout sessions on green financing and digital trade, spotlighting Thailand’s role as a leader in the green economy.
The event was supported by partners such as Bangkok Bank, Kerry Flour Mills, and Frasers Property, underscoring the Forum’s role in promoting regional integration and future-proofing the business landscape.
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