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SBF and CapitaLand unite for national defence

Newsflash Asia

- July 2, 2025

The Singapore Business Federation (SBF) and CapitaLand Investment (CLI) joined forces to host the Singapore Armed Forces (SAF) Day 2025 Combined Rededication Ceremony at Capital Tower. The event, attended by nearly 220 representatives from 80 organisations, was graced by Defence Minister Chan Chun Sing, marking his inaugural SAF CRC in this role. The ceremony celebrated the SAF’s 60th anniversary and highlighted the crucial link between a robust defence and a thriving business environment.

The event featured a fireside chat with Minister Chan and CLI’s Group Chief Strategy Officer, Ervin Yeo, moderated by SBF CEO Kok Ping Soon. Discussions focused on the evolving security landscape and its impact on economic security, the significance of National Service, and how businesses can continue to support National Servicemen (NSmen). Kok Ping Soon emphasised, “A strong, credible defence is the bedrock of Singapore’s economic security and prosperity.”

Ervin Yeo added, “Singapore’s safety and stability are fundamental to our nation’s continued success in attracting global businesses.” The event underscored the business community’s role in supporting National Service and recognising NSmen’s contributions through workplace practices.

This collaboration between SBF and CLI not only reaffirmed the business community’s commitment to national defence but also showcased defence technology and capabilities. As Singapore navigates increasing geopolitical volatility, the partnership between a resilient SAF and a supportive business community remains vital for the nation’s stability and prosperity.
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This story was selected and published by a human editor, with content adapted from original press material using AI tools. Spot an error? Report it here.

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