SICCI Drives New Opportunities and Business Ties Says Singapore Official

28 Jan, 2025

The Singapore Indian Chamber of Commerce and Industry (SICCI), celebrating 100 years of establishment, continues to play a pivotal role in fostering business opportunities and partnerships, according to Shawn Huang, Singapore's Senior Parliamentary Secretary for the Ministry of Finance. Speaking at the unveiling of SICCI’s Centennial Memory Wall at the Suntec Convention Centre, Huang acknowledged SICCI’s contributions to shaping Singapore’s business landscape while strengthening ties with India, a key economic partner.

The Centennial Memory Wall pays tribute to SICCI’s pioneers and visionaries, who have been instrumental in developing Singapore’s thriving business community over the past century. SICCI’s work has complemented the efforts of Singaporean leaders, such as President Tharman Shanmugaratnam, in strengthening Singapore-India relations, which mark 60 years of diplomatic ties this year. SICCI has actively collaborated with Indian state governments and chief ministers to organise investment roadshows, connect business delegations, and explore growth opportunities.

Huang highlighted SICCI’s internationalisation initiatives, which focus on expanding opportunities in Southeast Asia, South Asia, and beyond. The chamber’s legacy, rooted in its humble beginnings in 1924, has transformed it into a key pillar of Singapore's business ecosystem, representing over 600 member companies. These efforts align with Singapore’s broader strategy to maintain its position as a global economic hub.

The Singapore official expressed confidence that SICCI will continue to enhance Singapore’s global business standing by forging new opportunities and partnerships across borders. The chamber’s 100-year milestone is not just a testament to the Indian business community’s significant contributions to Singapore but also a forward-looking celebration of its role in driving economic growth and fostering cross-border collaborations.

SICCI’s legacy underscores its importance as a key partner in Singapore's future, promoting innovation, fostering economic ties, and building bridges with the global business community.

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