80th Anniversary Commemorative Book - Singapore Manufacturing ...

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From 1996, the SMF’s mettle was tested time and again as it had towithstand world events which, while unanticipated, seemed to happen withclockwork regularity.The SARS outbreak and the Iraq warThe SARS outbreak in 2003 hobbled the Singapore economy, as economicgrowth fell from 2.2 per cent in 2002 to 1.1 per cent in 2003. The Iraq warfollowed soon after, dealing a heavy blow to the global economy.Despite the turmoil, the SMF managed to stay strong, recruiting 212 newmembers in 2003. To reduce the burden on its members, it lowered itsmembership fees by 40 per cent.The crisis was shortlived and the manufacturing sector bounced back in2004, contributing strongly to the Singapore economy which grew at aspectacular 8.4 per cent that year.The Boxing Day tsunamiOne of the deadliest natural disasters in recorded history struck the dayafter Christmas 2004, as an earthquake triggered a series of devastatingtsunamis along the coasts of countries bordering the Indian Ocean. Over230,000 people in 14 countries were killed.For the SMF, it heralded another sombre year, which was clouded bylarge-scale natural disasters such as Hurricane Katrina, a looming avian flupandemic and ongoing terrorist threats.The SMF remained unfazed and continued its work doggedly, knowingthat there would be a recovery. The Government had come up with aplan for manufacturing in October 2005 which sought to double the totalmanufacturing output to S$300 billion by 2018. The SMF was involved ina Government task force in 2005 to kick-start a series of programmes toachieve the 2018 target.It also worked closely with the Singapore Workforce Development Agency(WDA) to expand the manufacturing talent pool.Initiating Change 1997 – 2012 73
The 2008 Economic Crisis2008 was a punch in the gut for the world economy. Major economies suchas the US, Europe and Japan experienced meltdowns, which spilled overto many other countries including Singapore. In October 2008, Singaporeslipped into recession.Singapore’s overall economy grew at just 1.1 per cent for 2008, comparedwith a robust 7 per cent in 2007. The manufacturing sector was estimatedto have contracted by 4.1 per cent from an earlier growth of 5.8 per centin 2007.Several of the SMF’s key clusters, including electronics, precision engineeringand chemicals, were hit by the sudden decline in demand from key exportmarkets in the last quarter of 2008.74 Initiating Change 1997 – 2012
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ChampioningManufacturing- Partner i
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ContentsFOREWORDPrime Minister Lee
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F o r e w o r dSingapore has progre
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F o r e w o r dOur manufacturing se
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12 Singapore Manufacturing Federati
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2002 The eSupply Chain Management C
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A New EraThe Singapore Manufacturin
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The Ascocenda SMF 80 th Anniversary
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• 1973: Colombo Court at High Str
Page 23 and 24: Logos that reflect the timesThe SMF
Page 25: Prelude:The FoundingThe Great Depre
Page 28 and 29: By way of entertainment, a symphoni
Page 30 and 31: The man behind the Singapore Manufa
Page 32 and 33: Apart from one Mr Tay Lian Teck, th
Page 34 and 35: A first-hand accountof doing busine
Page 36 and 37: Working with the new GovernmentAt 2
Page 38 and 39: Amoy Canning leveraged on the SMF t
Page 40 and 41: • The city areas were extremely o
Page 42 and 43: In the first flush of Singapore’s
Page 44 and 45: The-then Singapore Prime Minister,
Page 46 and 47: The then-First Deputy Prime Ministe
Page 48 and 49: ASEAN leaders attending the 9 th me
Page 50 and 51: Ford Motor Company’s old Singapor
Page 52 and 53: In 1968, the then-SMF President Ong
Page 54 and 55: The SMF organised several trade mis
Page 56 and 57: The then-Prime Minister, Mr Lee Kua
Page 58 and 59: Motorcades, dinners andVIPsThe trad
Page 60 and 61: Learning expeditionsMany of the ove
Page 62 and 63: • Setting up a bureau to help pla
Page 64 and 65: Trade missions to Malaysia proved t
Page 66 and 67: “We thought it would be good to h
Page 68 and 69: • In 1971, the SMF received 200 q
Page 70: SMF members had good reason for che
Page 73: One such example is the online arm
Page 77 and 78: Building up core strengthUndoubtedl
Page 79 and 80: She said: “After attending the co
Page 81 and 82: Students can also participate in SM
Page 83 and 84: Senior Minister of State, Ministry
Page 85 and 86: “With more local companies being
Page 87 and 88: Coca-Cola Singapore Beverages is an
Page 89 and 90: Heading into the futureAs the SMF l
Page 91 and 92: Epilogue:Mapping theFutureThe manuf
Page 93 and 94: The biggest question of all is: Wha
Page 95: The SMF through its Centre for Corp
Page 98 and 99: One way it does this is by working
Page 100 and 101: Having accrued experience invarious
Page 102 and 103: George and staff group photoTogethe
Page 104 and 105: Manufacturing is indeed pervasive i
Page 106 and 107: Current statusTo establish partners
Page 108 and 109: FutureAs Singapore prospers with mo
Page 110 and 111: Current statusElectronics is the ma
Page 112 and 113: Current statusIn the last six years
Page 114 and 115: Current statusThe group helps to dr
Page 116 and 117: Current statusThe food industry in
Page 118 and 119: Current statusBy all measures, Sing
Page 120 and 121: HistoryThe Lifestyle Industry Group
Page 122 and 123: FutureThe issue of maintaining stan
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Singapore’s precision engineering
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the group. The PCS is a member of t
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“Manufacturing has been a key eng
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My heartiest congratulations to the
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I am much heartened by the strong s
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I congratulate the SMF on its 80 th
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The British High Commission would l
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I wish to extend our heartiest cong
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In the words of NBA player extraord
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Dassault Systemes Singapore would l
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SPETA would like to send our hearti
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On behalf of the members and staff
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回顾新加坡制造商总
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总会积极配合新加坡
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创新求变 , 持续发展19
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迎接挑战 , 展望未来
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Acknowledgements
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ContributorsMr Douglas FooFounder a
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This specially-commissioned commemo
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