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80th Anniversary Commemorative Book - Singapore Manufacturing ...

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HistoryThe Lifestyle Industry Group was officially formed in September 1988 asa result of the merger of several groups, including the Fashion & ApparelIndustry Group and the Jewellery & Watches Industry Group.Current statusAs one of the most diverse industry groups, the seminars and activities itorganises tend to be more general in nature. For instance, a representativefrom the Thai embassy, in response to the political crisis in Thailand in 2010,gave a talk to group members, some of whom had business interests inthe country. It has also organised talks on general business practices likeplanning for business continuity.The group actively promotes industries and services associated with the<strong>Singapore</strong> lifestyle, both locally and internationally, through trade missions,fairs and networking sessions.FutureThe rising cost of doing business in <strong>Singapore</strong> remains a concern amongstgroup members, as they grapple with rising land and labour costs.The SMF Family 119

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