Mark Lee, CEO of Sing Lun Industrial Pte Ltd, has been elected as the new chairman of the Singapore Business Federation (SBF) for the 2026-2028 term. The announcement was made during SBF’s 24th Annual General Meeting, where the 13th Council was also introduced. The Council, comprising 24 members, includes 12 elected members, one co-opted member, and 11 representatives from Trade Associations and Chambers.
The newly formed Council aims to enhance SBF’s ability to support businesses in navigating emerging opportunities and challenges. The Council includes six new members, such as Michelle Cheo, Group CEO of Mewah Marketing Pte Ltd, and Kwee Ker Wei, Director of Pontiac Hotel Private Limited, bringing diverse expertise to the table.
Following the AGM, the 5th Future Ready Business Dialogue was held, featuring Chan Chun Sing, Singapore’s Coordinating Minister for Public Services and Minister for Defence. The dialogue focused on the theme “Whole of System Readiness: What Governments and Businesses Must Do Differently,” addressing how organisations can remain resilient amidst global uncertainties.
Under Lee’s leadership, SBF plans to strengthen Singapore’s competitiveness by fostering a pro-enterprise environment and helping companies build future-ready capabilities. “This is a period of profound change for businesses,” Lee stated, emphasising the need for businesses to remain competitive and resilient.
Looking forward, SBF will focus on shaping a pro-business environment, building partnerships for growth, and strengthening support for businesses through various initiatives. As Singapore prepares for its ASEAN Chairmanship in 2027, SBF aims to deepen regional economic integration and strengthen ASEAN’s position as a global growth engine.
