SLA-AR2016

1.2844081,103.81380749999994 

FORWARD 

A N N U A L R E P O R T 2 0 1 6 

“The line between disorder and order lies in logistics” 

– Sun Tzu

VISION To Represent Singapore Logistics Singapore logistics 

MISSION 

To Promote Professionalism and 

Excellence of the Logistics Industry 

makes everything possible 

Contents 

INROAD 1 

ì Chairman’s Statement 2 

ì The Council – For Term 2016/2017 4 

ì Organisation Structure 6 

ALIGN 7 

ì Membership & Corporate Affairs 8 

ì Courtesy Visits 16 

ì Cross Industry Exchange and Events 18 

FRAMEWORK 21 

ì International & Industry Relations Committee 22 

SYNERGY 31 

ì Maritime Cargo Committee 32 

ì Air Cargo Committee 38 

ì Land Transportation Committee 41 

ì Logistics Services Committee 43 

ì Innovation & Collaborative Technology Committee 47 

REFUEL 49 

ì The Logistics Academy 50 

MEMBERS 59

A shared mission, a collective wisdom or a 

dedicated leadership, in all, it is just making 

inroad to new grounds. The Association’s directive 

is to move with members and chart the course 

together in business aspirations. 

1.2844081,103.81380749999994 

INROAD 

SINGAPORE LOGISTICS ASSCOCIATION | ANNUAL REPORT 2016 

1

CHAIRMAN'S STATEMENT 

2016 was a tough and challenging year for the 

logistics sector in Singapore with subdued global 

activity. Domestically, the Singapore economy grew 

1.8 per cent, the weakest annual rate of 

growth since 2009, when the economy was 

hit by the global financial crisis and shrank 

0.6 per cent. Businesses also encountered 

increasing complexity of supply chain 

management, disruptive innovation and 

technologies that rapidly transformed 

the business operations and network 

as well as constant changing demands 

of customers. 

Notwithstanding, the logistics 

industry is expected to continue on a 

growth trajectory. Aimed at reinforcing 

Singapore's position as a global logistics 

hub, the government launched the 

Logistics Industry Transformation Map 

(ITM) that will support enterprise-level 

efforts to transform and grow through 

productivity and innovation. It aims 

to nurture a strong Singaporean core 

through talent development, which will 

in turn help our companies, in particular, 

the small and medium-sized enterprises, 

to scale up and internationalise. The 

logistics industry transformation is 

expected to achieve a value-add of S$8.3 

billion to the sector, and introduce 

2,000 jobs for professionals, managers, 

executives and technicians (PMETs) over 

a five-year period. 

As part of the ITM effort, the 

Association together with the Economic 

Development Board, SPRING Singapore 

and Workforce Singapore published 

the Logistics Industry Career Guide 

Book. With the theme “Let the World 

be Your Limit”, the guide features the 

careers of 9 logistics professionals 

who have risen through the ranks and 

developed new skills sets in areas like 

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Logistics Information Systems, Vertical 

Specialisation, Logistics Solutioning and 

Programme Management to take on new 

opportunities in the industry. It intends 

to attract new entrants into the industry 

with comprehensive view on career 

opportunities and progression in the 

logistics industry. 

During the year, the Association 

was awarded the Local Enterprise & 

Association Development Programme 

(LEAD) Plus by SPRING Singapore. 

The programme aims to enhance the 

capabilities of trade associations that 

are playing a significant role in industry 

transformation. Through LEAD Plus, 

the Association aspires to increase 

membership by 20% and encourage 

more members’ participation on useful 

initiatives on internationalization, 

productivity & innovation, and skills 

development. This award is timely as 

the Association wrapped up its LEAD 

2 journey to a successful completion in 

2016 through the 9 initiatives under 3 

strategic thrusts: Productivity, Manpower 

Attraction and Internationalization. 

One of these projects, Supply Chain 

Challenge, 5th in the series, was again 

successfully rolled out. Organized jointly 

with SIM University, it is an event that 

reaches out to the young, inducting 

students from the five polytechnics and 

ITE to the industry through six mentorcompanies. 

To adopt the best practices of 

the overseas Trade Associations and 

Chambers (TACs), both Mr Kay Kong 

Swan – 1st Deputy Chairman and I 

joined the TAC Mission to USA - Salt 

Lake City and San Francisco in August 

2016, organised by SPRING Singapore. 

Together with other TACs, we gained 

valuable insights into overseas TACs’ 

governance, strategies and services. 

Through sharing sessions on the 

best practices, we also enhanced 

our understanding on association 

management and governance from 

the American Society of Association 

Executives Annual Meeting and 

Exposition at Salt Lake City. We hope 

our new knowledge will supplement the 

implementation of LEAD Plus to enhance 

the capability of the Management and 

Secretariat team. 

As for training and upskilling of our 

workforce, The Logistics Academy - our 

training arm is constantly reviewing and 

developing new training programmes to 

equip our workers and create the avenue 

for skills development and lifelong 

learning. We have all benefited, much 

thanks to our proactive government 

agencies that spare no effort in 

supporting us in this effort. 

A strategic review in the early 

part of the year pointed to a need 

for stakeholders in the sector to 

collaborate, leverage on technology to 

drive innovation, connectivity and value 

creation. The e-Logistics / Technology 

Committee was thus renamed as 

Innovation & Collaborative Technology 

Committee with the term of reference, 

“Creating synergy with industry 

partners and raising awareness on smart 

innovation and digital technology so as 

to benefit the members.” Several ideas 

have been incubated, which include 

piloting the use of Automated Guided 

Vehicles in a third-party logistics setting 

as well as a regional portal to drive cross 

border trade. Eventually, Singapore 

logistics service providers can leverage 

on the global connectivity platform 

to gain access to the global markets, 

seek new growth opportunities and 

create value for the logistics and supply 

chain industry. Works are in progress 

and we hope to bring these projects 

to fruition by next year. The year also 

saw the Association championed and 

coordinated the successful inauguration 

of the WSH Innovation Awards 2016 for 

Logistics and Transport Sector. It is a 

good recognition of work teams in the 

logistics and transport sector which have 

initiated innovative practices or solutions 

that improve safety and health in the 

workplace. 

Each step forward made by the 

Association is a concerted effort of 

the entire membership together with 

stakeholders, including the government 

agencies, specifically SPRING Singapore, 

IE Singapore and Workforce Singapore, 

academia and industry partners. I would 

like to take this opportunity to convey 

my sincere thanks to the Council and the 

Secretariat for their commitment, trust 

and contributions to the Association. 

Key indicators are showing that the tide 

is gradually turning for 2017, with the 

long-awaited domestic manufacturing 

recovery. The future in logistics augurs 

well. Let us all work together to make an 

impact and bring the logistics industry to 

a new level. 

Stanley Lim PBM 

Chairman 


3

THE COUNCIL – FOR TERM 2016/2017 

Chairman 

Mr Stanley Lim PBM 

Addicon Logistics Management (S) Pte Ltd 

First Deputy Chairman 

Mr Kay Kong Swan 

CWT Limited 

Second Deputy Chairman 

Mr Thomas Sim 

International Freight Consultants (S) Pte Ltd 

Honorary Secretary 

Mr Gerry Tan 

Griffin Kinetic Pte Ltd 

Deputy Honorary Secretary 

Mr Teo Woon Hun 

InfinOps Pte Ltd 

Honorary Treasurer 

Mr Sharafdeen s/o Abdul Razak 

Sea-Shore Transportation Pte Ltd 

Deputy Honorary Treasurer 

Ms Gina Toh 

DAP Asia Pacific (S) Pte Ltd 

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COUNCIL MEMBERS 

Ms Andelyn Oh 

Sin Chew Woodpaq Pte Ltd 

Ms Jimmy Ng 

YCH Global Logistics Pte Ltd 

Mr John Iversen 

C.H. Robinson Project Logistics Pte Ltd 

Mr Ken Koh 

Yang Kee Logistics Pte Ltd 

Mr Poh Key Boon 

Poh Tiong Choon Logistics Pte Ltd 

Mr Winston Khoo 

Quickflo Logistics Pte Ltd 

Mr Yap Chee Sing 

SH Cogent Logistics Pte Ltd 

(till 31 October 2016) 


5

ORGANISATION STRUCTURE 

General Members 

SLA Council 

Corporate Affairs 

Mr Gerry Tan 

The Logistics Academy 

International & Industry Relations 

Mr Stanley Lim 

Maritime Cargo 

Mr John Iversen 

Air Cargo 

Mr Gerry Tan 

Land Transportation 


Logistics Services 

Mr Kay Kong Swan 

Innovation & Collaborative Technology 

Mr Ken Koh 

Training & Development 

Mr Thomas Sim 

Secretariat 

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The ever evolving logistics landscape 

presents an opportunity for the Association 

to align with the diversity of change. It is 

about the camaraderie of members and 

together, creating a synergistic environment 

to steer businesses. 

ALIGN1.2844081,103.81380749999994 


7

MEMBERSHIP & CORPORATE AFFAIRS 

Outreach 

By year end 2016, membership of the Association reached a new high 

of 560, with 40 new admissions during the year and 2.6% rise from the 

year before. The upward trend in membership since its foundation in 

1973 bodes well of its representation of the logistics industry. 

With sanction of general members at the SLA 41st Annual General 

Meeting held on 21 May 2015, the revised Constitution was approved by 

the Registry of Societies on 30 October 2015. The membership categories 

were expanded with the introduction of a new category – Qualifying 

Membership. The objective is to create a more inclusive community 

to encourage a culture of diversity within the logistics fraternity. On 25 

January 2016, the Council approved the conversion of the following 21 

companies from Associate Members to Qualifying Members. They all met 

the criteria of Qualifying Members under the revised Constitution as set 

out in Article 5.3. 

Convert to Qualifying Member 

Awot Global Logistics Singapore Pte Ltd 

Choice Shipping Lines Pte. Ltd. 

Conveyor Logistics (S) Pte Ltd 

Esprit Consortium Pte Ltd 

FLS (Singapore) Pte Ltd 

Goodrich Asia Pacific Pte Ltd 

Hong Li Logistics Pte Ltd 

iHub Freight Solutions Pte Ltd 

JAG Logistics Pte Ltd 

Just R Enterprise Pte Ltd 

Linkway Logistics Services Pte Ltd 

MEP Logistics Pte Ltd 

MG Logistical Solutions Pte Ltd 

Octolog Pte Ltd 

R.G.R. Logistics Asia Pte Ltd 

RSL Shipping Pte Ltd 

Rulewave Logistics Singapore Pte Ltd 

Sea Power Logistics Pte Ltd 

Shui Xing International Pte Ltd 

Tepiaob Trading & Transport Services Pte Ltd 

Transoceanic Development (Singapore) Pte. Ltd. 

Upgrade to Ordinary Member 

As the unifying voice of the industry, the Association represents the 

needs and interests of members by actively engaging policymakers and 

relevant government agencies on strategic initiatives and key issues. 

Through company visits, the Secretariat team continued to embrace new 

members into the community and induct them with good understanding 

of the Association’s activities and its training initiatives through The 

Logistics Academy Pte Ltd. 



FLS (Singapore) Pte Ltd 

Gateway Freight & Trade Pte Ltd 


I. Tradelogistics Pte Ltd 

iHub Freight Solutions Pte Ltd 








8 FORWARD

2016 Membership Admission 

Ordinary Member 

Agape Logistics Pte Ltd 

AGX Logistics (S) Pte Ltd 

Airtropolis Express (S) Pte Ltd 

BSHK Logistics & Shipping Pte Ltd 

CWT Logistics Pte Ltd 

Drive Logistics Pte Ltd 

E&C Marine Pte Ltd 

FT Logistics (Asia) Pte Ltd 

Global Consolidators Pte Ltd 

JEAMS Transportation & Trading Pte Ltd 

Lie Yong Logistics & Engineering Pte Ltd 

Makeway Pte Ltd 

Mayor Express Freight Services Pte Ltd 

Meteorite Logistics Services Pte Ltd 

Pacific GSSA Private Limited 

Rejoice Container Services Pte Ltd 

Seafirst Marine Services Pte Ltd 

SIM Solutions Pte Ltd 

Singapore Wine Vault Pte Ltd 

St. John Logistics Singapore Pte Ltd 

Star Concord Pte Ltd 

Thistle Global Logistics Pte Ltd 

Trans Concorde Services Pte Ltd 

WM Logistics (Worldwide) Pte Ltd 

Worldwide Shipping & Logistics (S) Pte Ltd 

Yamato Tidiki Express Pte Ltd 

Qualifying Member 

Apex Logistics International (S) Pte Ltd 

CargoSavvy Pte Ltd 

GLE Integrated Pte Ltd 

Lai Huat Seng Logistics Pte Ltd 

New Asia Logistic Services Pte Ltd 

Peck Tiong Choon Logistics Pte Ltd 

Pollisum Logistics Pte Ltd 

SBS Logistics Singapore Pte Ltd 

Starlog Worldwide Logistics Pte Ltd 

Associate Member 

A-Plus Automation (S) Pte Ltd 

Coolasia Technology Pte Ltd 

SGS Testing & Control Services Singapore Pte Ltd 

Singapore Polytechnic 

Zebra Technologies Asia Pacific Pte Ltd 

Membership Cessation 

Ordinary Member 

Actlink Logistics Pte Ltd 

CrossTrade Logistics Pte Ltd 

Damco Logistics Singapore Pte Ltd 

Felix Relocations Pte Ltd 

Furness International Pte Ltd 

IJS Global Singapore Pte Ltd 

JIM Logistics Management Pte Ltd 

JJI Offshore & Marine Pte Ltd 

Lingholm Logistics Pte Ltd 

Lisen Logistics & Engineering Pte Ltd 

Nutrans Logistics Pte Ltd 

PQ Swiftvan Logistics Pte Ltd 

Seo Eng Joo Frozen Food Pte Ltd 

Singapore Transport Supply Service Pte Ltd 

SSE Marine Logistics Pte Ltd 

TCS Shipping & Transportation Pte Ltd 

Tiong Woon International Pte Ltd 

Titan Project Services (S) Pte Ltd 

Trans Global Projects (Singapore) Pte Ltd 

UTi Worldwide (Singapore) Pte Ltd 

WAP Logistics (Singapore) Pte Ltd 

Yang Kee Chemical Logistics Pte Ltd 

Yang Kee Project Logistics Pte Ltd 

Qualifying Member 

Choice Shipping Lines Pte Ltd 

Transoceanic Development (Singapore) Pte Ltd 

Associate Member 

C-Freight Solutions Pte Ltd 


9


Membership Growth 

Year 2011 2012 2013 2014 2015 2016 

Membership Category OM AM OM AM OM AM OM AM OM AM OM QM AM 

Membership b/f 397 50 424 40 447 41 465 46 483 45 495 – 51 

Conversion from AM to QM* – – – – – – – – – – – 21 -21 

New Admission 24 15 31 19 25 19 28 17 27 14 26 9 5 

Cessation -15 -7 -17 -9 -16 -5 -23 -5 -21 -2 -23 -2 -1 

Upgraded to OM 18 -18 9 -9 9 -9 13 -13 6 -6 14 -12 -2 

As at 31 December 424 40 447 41 465 46 483 45 495 51 512 16 32 

Total 464 488 511 528 546 560 

OM – Ordinary Member QM – Qualifying Member AM – Associate Member 

* Conversion of 21 companies from Associate Members to Qualifying Members as per Article 5.3 of the revised Constitution. 

600 

550 

500 

464 

488 

511 

528 

546 

560 

450 

400 

350 

300 

250 

200 

150 

100 

50 

0 

2011 2012 2013 2014 2015 2016 

10 FORWARD

Membership Duration 

Year Total % of Total 

Admitted in Year 2016 • 40 7.1 

10% 

3.6% 

7.1% 

16.3% 

> 1 to 3 yrs • 91 16.3 

> 3 to 5 yrs • 69 12.3 

> 5 to 10 yrs • 139 24.8 

> 10 to 20 yrs • 145 25.9 

> 20 to 30 yrs • 56 10 

25.9% 

12.3% 

> 30 yrs • 20 3.6 

Total 560 100 

24.8% 

Board of Trustees 

The Board of Trustees namely Mr Stanley Lim – 

Chairman, Mr Sharafdeen s/o Abdul Rasak – Honorary 

Treasurer and Mr Poh Key Boon – Council Member / 

Chairman of Land Transport Committee continued to hold 

in trust, the Association’s property situated at 153B Goldhill 

Centre, Singapore 307607. 

Legal Counsel 

The Association reappointed Ms Wendy Tan from 

Morgan Lewis Stamford LLC as Legal Counsel for another 

one year term. Ms Tan’s legal advice and professional 

guidance facilitated the day-to-day engagements and various 

work projects of the Association. 


11


42nd Annual General Meeting 

Close to 100 member-representatives 

and observers attended the SLA 42nd 

Annual General Meeting (AGM) held on 

27 May 2016 at Novotel Singapore Clarke 

Quay. In his welcome address, Mr Stanley 

Lim – Chairman denoted the year before 

as a significant year for Singapore as the 

nation celebrated its 50th year. Although 

various challenges stood in the way due 

to sluggish global economic conditions, 

companies were putting in efforts to 

critically and creatively look at business 

transformation, and generate problemsolving 

ideas. One area identified is 

trucking and warehousing operations, 

where the Association would explore 

with solution providers to work on a 

productivity-driven growth model. 

Another area was internationalisation 

where two business missions were 

organised in 2015 to Indonesia – 

Surabaya & Jakarta, and China – Beijing, 

Yinchuan & Xi’an. 

With the advent of the ASEAN 

Economic Community and the One Belt 

One Road initiative, these missions were 

timely to allow companies to explore 

expansion of their businesses in the 

global market through collaborations 

and new alliances. There were also 

continuous efforts to promote logistics 

12 FORWARD

as a career amongst tertiary students as 

well as the workforce. The fourth series 

of the Supply Chain Challenge (SCC) 

concluded on a high note on 27 July 

2015 and provided an effective platform 

to outreach students. Along the same 

thread, the Association had been invited 

to participate in the National Logistics 

Sector Manpower Study Advisory Panel 

and SkillsFuture Sectoral Tripartite 

Committee for Logistics Sector. 

The Logistics Academy (TLA) too 

had put in place a whole suite of training 

programmes, including several new 

courses, all geared towards a holistic 

approach to experiential learning for the 

logistics community. 

Several of these are listed in the 

SkillsFuture directory. A new website, 

TLA.EDU.SG was also launched to 

create a community of network amongst 

lecturers and 

participants. 

General members 

present elected the SLA 

Council for the term 2016/2017 and 

approved the minutes of the 41st AGM 

held on 21 May 2015, report of the Council 

and financial statements of the association 

for the year ended 31 December 2015. 

PKF-CAP LLP was reappointed as Auditor 

until the next AGM. 


13


SLA CEO Night 

Graced by Mr Poon Hong Yuen – 

Chief Executive of SPRING Singapore, 

over 120 representatives and CEOs from 

member-companies as well as guests 

were present at the CEO Night held on 04 

November 2016 at Orchard Parade Hotel. 

Amongst them were key representatives 

from SPRING Singapore, IE Singapore 

and Workforce Singapore, as well as 

Container Depot Association (Singapore), 

SAAA@Singapore and Singapore 

Transport Association. 

In his welcome address, Mr Stanley 

Lim – Chairman highlighted that several 

industry work initiatives had been 

successfully carried out under 2 Local 

Enterprise & Association Development 

Programmes (LEAD) over a period of 8 

years. During this period, The Logistics 

Academy too was incorporated and 

continued to deliver quality training 

and lifelong learning for the logistics 

workforce. Mr Lim also announced that 

SLA would be making plans to embark 

on LEAD Plus, a bold move strongly 

bolstered by SPRING Singapore. 

Mr Poon highlighted the logistics 

industry as an important enabler for 

many of the industries in Singapore and 

the government agencies would continue 

to support its players despite the 

challenges. He commended SLA for doing 

a good job in driving industry change. 

SPRING Singapore would continue 

working closely with SLA to strengthen 

its capabilities through LEAD Plus to 

14 FORWARD

help even more logistics companies take 

advantage of the opportunities available. 

The night thus commemorated the close 

collaboration between the industry and 

ISO 9001:2008 

government agencies. The works and 

activities of the Association would not be 

made possible without the strong support 

of relevant government agencies. 

The yearly surveillance visit by Lloyd’s Register Quality Assurance (LRQA) to the Association 

and TLA took place on 05 October 2016. The inspection affirmed that the Quality Management 

Systems of both organisations were effectively maintained in accordance with ISO 9001:2008, 

with a strong focus on continuous improvement to better serve their members and participants. 

Mr Poon also presented mementoes to 

Council Members in appreciation of their 

unreserved and invaluable contributions 

during the last 2014/2015 term. 


15

COURTESY VISITS 

Chongqing Xiyong Comprehensive 

Bonded Zone 

Coordinated by IE Singapore, a 

delegation headed by Mr Liu Yun – 

Director from China’s Chongqing Xiyong 

Comprehensive Bonded Zone visited 

SLA on 02 March 2016. The visit followed 

the signing of a bilateral agreement 

between Singapore and China on 

strategic cooperation. 

There are four strategic sectors 

namely transport & logistics, finance, 

telecoms and aerospace and business 

investments will be treated 

with favorable policies and 

attractive incentives. 

A round-table discussion 

with 9 representatives from 

8 SLA member-companies 

was convened, touching on 

investments and operating of 

businesses in Chongqing. Mr 

Stanley Lim – Chairman presided the 

meeting together with Ms Ng Soo Hwa 

– Executive Director and Mr Max Ee – 

Training and Development Committee 

Member. 

Thai Trade Centre 

Japan International Freight 

Forwarders Association 

A total of 22 delegates from the Thai Logistics Businesses called on SLA 

on 16 May 2016. The delegates were on a 4-day mission to Singapore from 

16 to 19 May 2016 to establish ties with Singapore logistics companies and to 

study the systems adopted by Singapore logistics operators that contributed 

in making Singapore a logistics hub of Asia. The itinerary included visits to 

the port and several member-companies. They were accompanied by officials 

from the Thai Trade Centre who also gave a brief on TILOG – LOGISTIX, 

an event for businesses to discover the right logistics services and solutions. 

Co-organized by the Department of International Trade Promotion and Reed 

Tradex, it would be held in Bangkok from 21 to 23 September 2016. Presided by 

Mr Stanley Lim – Chairman, 18 representatives from member-companies joined 

the roundtable, exchanged business cards and proceeded with one-to-one 

introductory meetings. 

Mr Masaharu Nozawa – Executive Director and Secretary General of 

Japan International Freight Forwarders Association Inc (JIFFA) called on SLA 

on 27 April 2016. He was received by Mr Stanley Lim – Chairman and Mr 

Thomas Sim – First Deputy Chairman then, together with the Secretariat. 

Besides exchanging information on the activities of both associations as well 

as the economic situations and education systems of both countries, the 

discussions centered on the steps taken by both countries in preparation for 

the implementation of the Safety of Life at Sea (SOLAS) regulation that would 

take effect from 01 July 2016. 

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Thammasat University of Thailand 

Mr Thomas Sim – Second Deputy 

Chairman, Mr Fabian Wang – Member 

of Training & Development Committee 

and the Secretariat hosted a total of 36 

delegates from the Thammasat University 

of Thailand on 25 August 2016. 

The trip to Singapore was part of 

the training course on Management 

Skills Development conducted by the 

University for the Port senior executives. 

The Association and the delegation 

had a lively discussion on the trends 

Yamato Holdings and Deloitte Japan 

and development in Singapore and the 

region. 

A full set of the SLA publications – 

The Practitioner’s Definitive Guide was 

presented to the mission leader. 

Representatives from Yamato 

Holdings and Deloitte Japan called on 

SLA on 16 September 2016. And they 

were received by SLA representatives 

headed by Mr Kay Kong Swan – First 

Deputy Chairman. They gave an 

overview of Yamato Holdings and its 

businesses including both parcel delivery 

services and refrigerated parcel delivery 

services. The main aim of their visit was 

to share a proposed initiative 

to develop an international 

standard in collaboration 

with the British Standard 

Institute, for temperaturecontrolled 

delivery services, 

land transportation of chilled 

parcels and frozen parcels 

with intermediate transfers. The SLA 

team was in support of the proposal. 

The meeting held a lively discussion and 

exchanged on other relevant standards 

in Singapore. 

Indonesian Logistics & 

Forwarders Association 

The Indonesian Logistics & Forwarders 

Association led a delegation of some 27 freight 

forwarders from Central Java to Singapore and 

Malaysia from 19 to 21 September 2016. 

In Singapore, the delegates visited PSA and 

called on SLA on 19 September 2016 to meet 

16 member-representatives for a business 

match-making session. The session with SLA 

was hosted by Mr Stanley Lim – Chairman and 

the Secretariat. 


17

CROSS INDUSTRY EXCHANGE AND EVENTS 

SLA has been identified the lead trade association for logistics and played a critical role to represent 

the sector. Forming strategic alliances with government agencies & bodies, other trade associations, 

local partners and overseas organisations, the Association continues to expose members to multiple 

possibilities of collaborations and partnerships through active participation in a diverse range of 

industry exchange platforms. The aim is to enable them to develop business capabilities, embrace 

new technologies, innovate and raise productivity, build partnerships with local and international 

associates and develop their human resource. 

No. Event Date Event Title Organiser 

1 06 Jan 2016 Annual BCM Conference Singapore Business Federation 

2 19 Jan 2016 PSA Safety Launch 2016 PSA Corporation 

3 28 Jan 2016 SBF SME Convention 2016 Singapore Business Federation 

4 15 Feb 2016 UAE – Singapore Business Forum Singapore Business Federation 

UAE Ministry of Economy 

5 19 Feb 2016 Human Resource Seminar Series: Employment and Employability Institute 

Protect Yourself from the Pitfalls of the Employment Law 

Singapore Human Resource Institute 

6 03 - 04 Mar 2016 The Last Mile Fulfilment Asia (LMFAsia) 2016 SingEx Exhibitions 

7 10 Mar 2016 Programme-Based Engagement (ProBE) Plus Forum 2016 Workplace Safety and Health Council 

8 01 Apr 2016 3rd SME Centre Conference 2016 SME Centres 

9 26 Apr 2016 Info-Session on Verifiable Business Singapore Business Federation 

Continuity Plan (BCP) Initiative 

10 28 Apr 2016 SATS Dangerous Goods Awareness Workshop: SATS Airport Services 

Do it Right the First Time! 

11 06 May 2016 Healthcare Logistics Familiarization Workshop Singapore Manufacturing Federation 

& Consultancy with Networking Session for 

Life Sciences Industry Group 

Supply Chain Leaders 

SeerPharma 

12 09 May 2016 Tank Storage Asia 2016 Industry Briefing Singapore Manufacturing Federation 

13 18 - 24 Jun 2016 Singapore Business Mission to Washington DC Singapore Manufacturing Federation 

In Conjunction with Select USA Investment Summit 2016 

14 30 Jun 2016 WSH Forum - A Safe Warehouse is an Efficient Warehouse Workplace Safety and Health Council 

15 19 Jul 2016 Robotic Solutions From Korea Employment and Employability Institute 

Singapore Industrial Automation Association 

16 23 - 24 Aug 2016 Logistics and Transportation Conference 2016 Container Depot Association (Singapore) 

17 24 - 25 Aug 2016 Africa Singapore Business Forum International Enterprise Singapore 

18 07 - 08 Sep 2016 Supply Chain Asia Forum 2016 Supply Chain Asia 

19 09 Sep 2016 Joint Industry Outreach Seminar on Strategic Trade Management U.S. Bureau of Industry and Security 

U.S. Export Control and Related Border 

Security Japan Ministry of Economy, 

Trade and Industry 

Singapore Customs 

18 FORWARD

No. Event Date Event Title Organiser 

20 15 Sep 2016 ITE Industry Partnership Forum 2016 Institute of Technical Education 

– Pathways to Collaborations with ITE 

21 30 Sep 2016 SMU Post Graduate Networking Event 2016 Singapore Management University 

22 12 - 14 Oct 2016 Manufacturing Solutions Expo 2016 Singapore Manufacturing Federation 

Sphere Exhibits Pte Ltd 

23 21 Oct 2016 Boosting Logistics Business Processes A*STAR 

Through Infocomm Technology 


24 28 Oct 2016 Enabling Integration through Electronic Trade Services International Enterprise Singapore 

Thomson Reuters 

GeTs Asia Pte Ltd 

25 01 Nov 2016 Age Management Seminar 2016 on Singapore National Employers Federation 

“Breaking the Invisible ‘Age’ Barrier – Building Easier, 

Safe and Smarter Jobs” 

26 01 - 02 Nov 2016 Singapore International Robo Expo Experia Events Pte Ltd 


27 03 Nov 2016 LED Symposium 2016 Singapore Workforce Development Agency 

National Trades Union Congress 

SPRING Singapore 

Ministry of Manpower 

28 07 Nov 2016 National Security Conference 2016: Fight the Dark Side Singapore Business Federation 

29 18 Nov 2016 Visiting Experts Series - Return to Work Workplace Safety & Health Council 

30 22 Nov 2016 THINK Innovation! 3.0: The Logistics Institute - Asia Pacific 

E-Commerce – Gearing Up for the New Future 

Workforce Singapore 

31 23 Nov 2016 ASCENT Series: Technological Innovations in Last Mile Delivery Singapore Computer Society 

32 23 Nov 2016 SBF Mission to Iskandar Malaysia – Business Space Solutions Singapore Business Federation 

with EcoWorld Group 

33 30 Nov 2016 SBF Mission to Iskandar Malaysia - Industrial Space Solutions Singapore Business Federation 

with WB Land 

34 07 Dec 2016 SBF Manufacturing Business Solutions Visit to Bintan & Batam Singapore Business Federation 


19

CROSS INDUSTRY EXCHANGE AND EVENTS 

The Last Mile Fulfilment Asia 2016 

SLA supported and participated as an exhibitor at the Last 

Mile Fulfilment Asia from 03 to 04 March 2016 at Singapore 

EXPO. Organised by SingEx Exhibitions with the theme 

“eCommerce Beyond Borders”, the conference featured a 

strong line up of over 70 international speakers across the 

retail, eCommerce, logistics, and parcel industries, along 

with multinational exhibitors that showcased their products, 

innovations and solutions from the entire fulfilment ecosystem. 

The SLA booth showcased SLA membership and training 

programmes offered by The Logistics Academy. 

Supply Chain Asia 

Forum 2016 

SLA participated at the exhibition 

of the Supply Chain Asia Forum 2016 

organized by Supply Chain Asia from 

07 to 08 September 2016 to promote 

membership and training programmes 

offered by The Logistics Academy. 

With the theme “Future Proofing your 

Supply Chain”, the forum provided 

a platform for networking as well as 

sharing of knowledge, trends and 

development impacting the industry. 

20 FORWARD

1.2844081,103.81380749999994 

FRAMEWORK 

The vision of the Association to represent 

members and the logistics fraternity qualifies 

in its operative framework. The close alliance 

forged with various stakeholders will bolster 

all drives to level up the industry. The collective 

efforts know no bounds. 


21

INTERNATIONAL & INDUSTRY RELATIONS COMMITTEE 

Representations 

Ministry of Defence 

Advisory Council on Community Relations in Defence (ACCORD) 

Mr Thomas Sim 

Ministry of Finance 

IRAS – Taxpayer Feedback Panel 

Singapore Customs – Strategic Goods Regulatory Procedures Task Force 

Mr Ken Koh 


Mr Gerry Tan 

Ministry of Home Affairs 

Safer Roads Industry Taskforce 


Ministry of Manpower 

MOM – WSH Council (Workplace Health) Committee 

MOM – WSH Council (Logistics and Transport) Committee 

WDA – Employability Skills & Training Council 

WDA – Manufacturing Generic Skills Validation Council 


Mr Yap Chee Sing 

(till 30 November 2016) 

Mr Thomas Sim 

Mr Thomas Sim 

Ministry of Trade and Industry 

EDB – SMART Logistics Working Committee 

EDB – Sectoral Tripartite Committee (STC) for the Logistics Sector 

SPRING – Manufacturing Standards Committee 

SPRING – Logistics Technical Committee (Manufacturing Standards Committee) 

SPRING – Last Mile Delivery Working Group (Logistics Technical Committee) 

SPRING – Practices of Container Depots Working Group (Logistics Technical Committee) 

SPRING – National Mirror Working Group for ISO/TC 104 “Freight Containers” (Logistics Technical Committee) 

SPRING – CP 30:1985 - Code of Practice for Safe loading on vehicles 








Mr Steve Huang 

Ministry of Transport 

MOT – National Transit Transport Coordinating Committee 

CAAS – e-freight@SG Network Steering Committee 

CAAS – APSC Cargo Workgroup 

LTA – Workgroup to Review the Safety of Workers Transported on Lorries 


Mr Thomas Sim 

Mr Gerry Tan 

Mr Gerry Tan 


Infocomm Media Development Authority 

Working Committee for Urban Logistics 

Mr Jason Teo 

Institute of Higher Learning 

Republic Polytechnic – Centre of Innovation for Supply Chain Management Advisory Committee 

SIM University – Advisory Panel for the Logistics and Supply Chain Management Programme 

Mr Gerry Tan 


Singapore Business Federation 

Small and Medium Enterprises Committee 


22 FORWARD

Local Enterprise and Association Development Programme (LEAD) 

In a panel discussion held at the 

LEAD Partners Dinner on 10 May 2016 

at ParkRoyal on Beach Road Hotel, 

Mr S Iswaran - Minister (Industry) 

from Ministry of Trade & Industry 

announced that International Enterprise 

(IE) Singapore and SPRING Singapore 

would set aside a grant budget of about 

S$90 million over the next five years to 

develop industries through LEAD. This 

is a 20% increase from the $75 million 

LEAD 2: 

Supply Chain Challenge 

SLA’s 4-year LEAD 2 ended 

successfully in 2016. 

The Supply Chain Challenge (SCC) 

themed “Young Minds … Future 

Ready Logistics Professionals” was kick 

started on 10 May 2016 at SIM University 

(UniSIM) for the fifth season. 

The yearly national case competition 

was jointly organized by SLA and 

UniSIM with support from International 

Enterprise Singapore and SPRING 

Singapore. The event was graced by Ms 

Low Yen Ling – Parliamentary Secretary, 

Ministry of Education & Ministry of 

Trade and Industry and Mayor, South 

West CDC. 

One of the highlights at the SCC 2016 

Launch was the acknowledgement of 

logistics companies which participated 

in the pilot run of the SkillsFuture 

Enhanced Internship Programme 

for Logistics, in alignment with the 

nationwide SkillsFuture movement. 

A total of 63 teams consisting of 232 

students from the 5 local polytechnics 

set aside for the programme in 2011. The 

fund supports trade associations and 

chambers like SLA to undertake projects 

that will drive industry transformation 

for evolving sectorial needs. 

Since 2007, SLA benefitted from 

2 tranches of LEAD grant, rolling out 

initiatives covering industry branding, 

productivity improvement, skills 

development and talent attraction as well 

as internationalization. They not only 

helped our members improve capabilities 

and grow their businesses, the support 

also helped foster collaboration among 

various stakeholders. 

Several SLA Council Members and 

the Executive Director joined business 

leaders and members of other trade 

associations and chambers at the dinner. 

and ITE College East were registered for 

the SCC. 

Unlike previous years where 

the competitors were presented 

with the challenge of analyzing and 

proposing solutions to one supply 

chain management case study, the 

competitors visited 8 mentor-companies 

and were introduced to their respective 

business cases. 


23


Following a Boot Camp held on 04 June 2016 for 23 shortlisted teams, the 8 mentor-companies picked their 

respective final team to proceed to the mentor phase: 

v Acepac International (S) Pte Ltd 

v Addicon Logistics Management (S) Pte Ltd 

v Bok Seng Logistics Pte Ltd 

v Grande Alliance Corporation Pte Ltd 

v JAS Forwarding (Singapore) Pte Ltd 

v Pacific Integrated Logistics Pte Ltd 

v Sin Chew Woodpaq Pte Ltd 

v Warehouse Logistics Net Asia Pte Ltd 

Æ Team Lo-cheese-stick, Republic Polytechnic 

Æ Team Logi, Singapore Polytechnic 

Æ Team SLS, Singapore Polytechnic 

Æ Team Junior, Republic Polytechnic 

Æ Team OnePunch, Republic Polytechnic 

Æ Team JAM, Singapore Polytechnic 

Æ Team Tanpakan, Temasek Polytechnic 

Æ Team MY JIT, Singapore Polytechnic 

The 8 finalists went through 6 weeks of mentorship. 

Mentors engaged their teams intensively with exchanges on 

industry practices and daily logistics operations. Through lively 

discussions, ideas on business solutions were bounced to make 

them practical and feasible for implementation in the companies 

and finally for the Finals on 22 July 2016. 

The panel of judges namely Mr Gerry Tan – SLA Honorary 

Secretary, Mr Li Jingheng - Deputy Director of SPRING Singapore 

and Dr Park Byung Joon- Senior Lecturer, School of Business, 

UniSIM, assessed the 8 teams through their Poster Presentations 

before the announcement of the top 3 finalists for their final 

presentations. 

24 FORWARD

At the Grand Finale, the teams did not fail to impress and it was unanimous amongst the judges to announce the 

award of the top 3 winners: 

Winner and champion team : Singapore Polytechnic – Team SLS 

Cash Prize : $4,000 

First runner-up 

: Singapore Polytechnic – Team JAM 


Second runner-up 

: Republic Polytechnic – Team Lo-cheese-stick 


Assoc Prof Lee Pui Mun – Dean of School of Business, UniSIM presented the Certificate of Participation to the 63 teams. 

Mr Stanley Lim – SLA Chairman acknowledged the invaluable contribution of the 8 mentor-companies, followed with the 

presentation of mementoes. Provost Prof Tsui Kai Chong of UniSIM expressed appreciation to the 3 judges and Oriel Management 

Pte Ltd, a valued partner of the challenge. 


25

ASIA 

Enterprises 


LEAD Plus 

During Singapore Budget on 24 March 2016, Mr Heng Swee Keat – Minister for 

Finance announced a S$4.5 billion package targeted at providing support to firms 

and industries while driving innovation. Under this programme, 23 sectors will 

have blueprints drawn out for them and the Industry Transformation Map (ITM) for 

Logistics was launched on 16 November 2016 by Mr S Iswaran - Minister for Trade 

and Industry (Industry) at the Ground Breaking of the JTC Logistics Hub @ Gul 

event. Parallel to the ITM, the government will work with trade associations and 

chambers and the unions to address pressing issues in the medium to long term. 

SLA has been identified as the lead trade association to play a critical role. 

SPRING Singapore introduced and awarded SLA LEAD-Plus programme to help 

beef up its capabilities in guiding sectoral transformation. An Executive Committee 

comprising Mr Stanley Lim – Chairman, Mr Kay Kong Swan – 1st Deputy Chairman, 

Mr Thomas Sim – 2nd Deputy Chairman and Mr Gerry Tan – Honorary Secretary 

was formed to oversee SLA LEAD-Plus which will cover leadership, management, 

processes and services for higher value. 

Singapore's 

Logistics Industry 

#1 

Global Logistics 

Performance Index 

Singapore ranked 1 st in Asia 1 

VISION FOR LOGISTICS 

INDUSTRY TRANSFORMATION MAP (ITM) 

Value Add of S$8.3 billion 

Strong base of leading 

global and local 

logistics players 

Singapore as a globally leading logistics hub 

underpinned by operations excellence, innovation, 

and strong Singaporean enterprises and talent pool. 

Target by 2020: 

Enterprises 

Turbo-boost enterprise level efforts 

to transform and grow through 

productivity and innovation 

Catalyse growth of Singaporean 

enterprises through specialisation 

and internationalisation 

National 

Industry 

Source: 

1. The World Bank's 2016 International LPI Global Ranking 

Logistics industry plays a key role in shaping a 

competitive business environment for Singapore 

and supporting domestic needs 

Create 2,000 new Professional, Managerial, Executive & Technical jobs 

National 

Develop a strong pool of Singaporean 

talent to support the growth of the 

Logistics Industry 

Improve Singapore’s domestic logistics 

system to optimise long-term resource 

usage and overall liveability 

Industry 

Accessible innovation eco-system with 

specialised research capabilities and 

supply chain decision makers 

Strengthen Trade Associations and 

Chambers to be change agents of the 

Logistics ITM 

SkillsFuture Sectoral Tripartite Committee for the Logistics Sector 

The Association is represented 

by Mr Stanley Lim - Chairman at 

the SkillsFuture Sectoral Tripartite 

Committee (STC) for the Logistics 

Sector. The committee will oversee the 

development and implementation of the 

of the Logistics Sectoral Manpower Plan 

which will outline a forward-looking 

approach to developing skills and career 

progression pathways, as well as plans to 

attract, develop and retain a Singaporean 

pool of talent. 2 meetings of the 

SkillsFuture STC for the Logistics Sector 

were held during the year on 23 March 

and 11 August 2016 where Mr Gerry Tan 

– Honorary Secretary / Chairman of Air 

Cargo Committee and Ms Ng Soo Hwa – 

Executive Director attended. 

An initiative of the committee, SLA 

was tasked to take the lead in reprising 

the industry branding movement and 

to bolster the appeal of the logistics 

industry. This included the production 

of the Logistics Industry Career Guide 

that was launched on 16 November 2016 

in conjunction with the ITM launch. 

The guidebook was showcased and 

introduced by Mr Thomas Sim – 2nd 

Deputy Chairman / Chairman – Training 

& Development. It featured 9 logistics 

professionals, each with skills sets in 

areas like Warehouse Management & 

Operations, Transportation Management 

& Operations, Freight Forwarding & 

Operations, Sales and Customer Service, 

Logistics Solutioning & Programme 

Management, Logistics Process 

Improvement & Information System. 

26 FORWARD

Singapore Budget 2016 

Following the announcement of Singapore Budget 2016, 

Mr Kay Kong Swan – 1st Deputy Chairman represented SLA at 

a roundtable discussion with the Minister for Finance, Mr Heng 

Swee Keat on 10 March 2016 together with other industry groups. 

Singapore Budget 2016 aimed to be targeted at growth sectors 

and how the different targeted industries could be developed. 

Singapore Corporation of Rehabilitative Enterprises 

About 20 member-representatives attended a briefing session on 29 March 2016 

to find out more regarding employment of ex-offenders. Representatives from the 

Singapore Corporation of Rehabilitative Enterprises (SCORE) explained the process 

of hiring these ex-offenders, support rendered to both new and existing employers as 

well as benefits of a potential collaboration. 

Member-representatives present heard first-hand from fellow member, Poh Tiong 

Choon Logistics Ltd on their experience on hiring ex-offenders and the support they 

received from SCORE. The introductory session instilled several members to offer 

employment opportunities to ex-offenders. 

The Singapore Business Federation (SBF) with the support 

of the Ministry of Finance also organized a Singapore Budget 

2016 briefing on 01 April 2016 for several trade associations and 

chambers. SLA was represented by Mr Stanley Lim – Chairman, 

Mr Thomas Sim – 2nd Deputy Chairman, Mr Gerry Tan – 

Honorary Secretary / Chairman of Air Cargo Committee and Ms 

Gina Toh – Deputy Honorary Treasurer. 

2016 Taiwan-Singapore Logistics Exchange and Cooperation Forum 

Represented by Mr Stanley Lim – 

Chairman, SLA signed 2 Memorandums 

of Understanding (MOUs) with Feng Chia 

University and Cross-strait Cold Chain 

Alliance. The signing was conducted 

at the Taiwan – Singapore Logistics 

Exchange and Corporation Forum 

organized by the Taiwan Freight Logistics 

Association (TFLA) together with the 

Industrial Technology Research Institute 

on 04 May 2016 in Taipei. 

The objectives of the MOU between 

SLA and Feng Chia University focused 

on industrial and academic development 

while Cross-strait Cold Chain Alliance 

touched on business and knowledge 

exchange. 

The forum was held in conjunction 

with the academic exchange and 

business networking from 03 to 06 May 

2016 jointly put together by TFLA and the 

Department of Commerce of the Taiwan 

Ministry of Economic Affairs. 

Joining Mr Lim and the panel of 

speakers were Mr Max Ee of SCMi 

Group LLP and Mr Foo Say Chuang of 

CWT Limited form Singapore. Their 

presentations covering respective 

domain expertise in logistics reached 

out to some 40 Authorised Economic 

Operators in Taiwan. 


27


Centre of Innovation for 

Supply Chain Management 

Mr Gerry Tan – Honorary Secretary / Chairman of Air Cargo Committee has been appointed 

Chairperson of the Centre of Innovation for Supply Chain Management Advisory Committee for 

the period 01 May 2016 to 30 June 2018. 

GST Guide for Export 

The Inland Revenue Authority of Singapore (IRAS) 

organized a dialogue session on 24 May 2016 to review 

the Subsidiary Export Certificate and Note of Shipment 

as documented in the GST Guide for Export. Several 

member-representatives participated and gave inputs. IRAS 

recommended freight forwarders to keep a register of the 

Subsidiary Export Certificates and Notes of Shipment with 

effect from 01 January 2017. 

NTUC U SME 

The National Trades Union Congress (NTUC) U SME 

is a new initiative that aimed to boost productivity of both 

SMEs and their workers through NTUC and government 

programmes. The Association convened a meeting with NTUC 

U SME on 12 July 2016 to gain insights into their programmes, 

events & training programmes. 

Singapore Environmental 

Achievement Awards 2016 

The Association supported the Singapore Environmental 

Achievement Awards (SEAA) 2016 that was held on 20 July 

2016. Organised by the Singapore Environment Council, the 

event was graced by Mr Masagos Zulkifli - Minister for the 

Environment and Water Resources. The awards aim to increase 

the level of environmental performance and awareness amongst 

organisations operating in Singapore. It also encouraged 

industries to adopt a more proactive approach towards 

managing the environment. 

Tripartite Workgroup for Age Management and Job Re-design 

The tripartite workgroup for age management and job re-design headed 

by Mr Heng Chee How – Deputy Secretary General of NTUC is tasked to: 

v study challenges faced by sectors with high concentration of older workers 

v develop a diagnostic tool to help companies identify areas of work which could be 

made more age-friendly 

v identity training for line managers in job redesign 

v build up an eco-system for job-redesign and age management expertise 

The workgroup together with MOM and WDA have identified four target industry 

sectors namely retail, hotel, F & B and logistics / supply chain. Representatives from 

the workgroup, MOM and WDA convened a meeting with SLA on 02 August 2016 to 

share on the job redesign toolkit for the logistic industry, resources available and 

explore how it could be rolled out to the industry. 

28 FORWARD

Trade Associations and Chambers 

Mission to USA 

Mr Stanley Lim – Chairman and Mr Kay Kong Swan – 1st 

Deputy Chairman, together with several representatives from 

other trade associations and chambers (TACs) in Singapore 

participated at the TAC Mission to USA - Salt Lake City and 

San Francisco from 13 to 18 August 2016. 

Organized by SPRING and IE Singapore LEAD 

Programme Offices, the aim of the mission was for 

TACs to understand the best practices of the overseas 

TACs such as: 

v TAC governance and succession 

v Process of identifying and implementing strategies and 

services that advance their respective industries and 

membership 

v Ensuring relevance to attract future members 

During the trip, the delegates attended the American 

Society of Association Executives (ASAE) Annual Meeting and 

Exposition at Salt Lake City organised by ASAE. 

Singapore Business Federation 

The annual conference was packed with sharing sessions on 

the best practices with regard to association management and 

governance. 

ASAE also hosted several presentations and roundtable 

sessions at San Francisco exclusively for the delegation from 

Singapore on various key learning topics and exchange of ideas. 

Mr Stanley Lim – Chairman was renominated 

as a member of the Singapore 

Business Federation led Small and 

Medium Enterprise Committee (SMEC). 

One of the pertinent topics discussed 

was the SMEC Budget Recommendations 

2017. 

SBF in collaboration with the 

Committee on the Future Economy 

(CFE) organised an engagement event 

with the theme “Pushing the Innovation 

Frontier, Developing Global Solutions 

from Singapore” on 11 November 2016. 

Mr S Iswaran – Minister for Trade & 

Industry (Industry) and Co-Chairman of 

the CFE was the Guest of Honour. 

The Association was represented by 

Mr Stanley Lim and Council Members 

Ms Andelyn Oh and Mr Winston Khoo. 

SLA also supported the Singapore 

Productivity Conference and Exhibition 

2016 organized by SBF with the theme 

“Upgrade. Innovate. Collaborate.” 

Graced by Mr Lim Swee Say – Minister 

of Manpower, the 2-day event on 01 - 02 

November 2016 focused on: 

v People Development and 

Skills Upgrading 

v Technology and Automation 

v Partnership and Collaboration 

v Innovation Management: Culture, 

Business Models, Processes, Products 

and Services 


29


MINDEF 

Mr Thomas Sim – 2nd Deputy 

Chairman was nominated to represent 

SLA in the Advisory Council on 

Community Relations in Defence 

(Employer and Business) – ACCORD 

(E&B) for a two-year term till 31 July 

2018. 

Since its formation in 1984 to 

provide feedback to MINDEF on defence 

issues and foster closer ties with the 

community, ACCORD was restructured 

in 2014 to deepen engagements with 

employers, families, educators and 

members of the broader community. 

ACCORD (E&B) aims to strengthen 

NSmen’s commitment to defence and NS 

through the business community and 

to facilitate businesses to embrace NS 

as a key stakeholder. It will also serve 

as a platform for businesses to provide 

feedback on NS matters and advocate on 

defence policies and initiatives. 

Mr Sim participated in the inaugural 

ACCORD (E&B) meeting held on 15 

November 2016. Earlier on, he attended 

the Total Defence Awards Gala Dinner 

on 26 August 2016 where 

Dr Ng Eng Hen – Minister 

for Defence presented 

the Total Defence Awards 

to recipients. He also 

attended an alternate 

runway exercise at 

Lim Chu Kang Road 

on 13 November 2016 

conducted by the Republic of Singapore 

Air Force (RSAF). 

The exercise allowed visitors to 

better understand RSAF’s ability to 

conduct aircraft operations in times 

of contingency. At the invitation of 

MINDEF, 105 employers from 47 

organisations including Ms Ng Soo Hwa 

– Executive Director and Ms Nurliana 

bte M Rosli – Executive Officer, visited 

Seletar Camp on 22 September 2016. 

The visit allowed employers to better 

understand the life of NSmen during 

In-Camp Training. This is to promote 

support for NS and to raise awareness of 

NS duties. 

In another development, in support 

of national defence, SLA would apply for 

NS Mark (Gold) Accreditation following 

a meeting with MINDEF on 26 October 

2016. Consists of two levels, NS Mark 

and NS Mark (Gold) is an accreditation 

scheme to recognise employers and 

organisations that support NS. 

30 FORWARD

Greater achievements lie in the synergy of 

the works devoted to reinvent, improvise and 

stay relevant. The Association plays a defining 

role in harmony with stakeholders to develop, 

promote and enhance the logistics industry. 

1.2844081,103.81380749999994 

SYNERGY 


31

MARITIME CARGO COMMITTEE 

ASEAN 

ASEAN Federation of Forwarders Associations (AFFA) 

Mr Stanley Lim – Chairman and Mr 

Thomas Sim – 2nd Deputy Chairman 

represented SLA at the 26th AFFA General 

Meeting held on 02 December 2016 at 

Yangon, Myanmar. 

Delegates of national logistics and 

freight forwarding associations from the 

10 ASEAN member-countries shared the 

latest developments on various work 

programmes. The agenda covered the 

development of national single window and 

readiness of its implementation in each 

country, as well as latest updates following 

the establishment of the ASEAN Economic 

Community (AEC) since December 2015. 

The meeting also discussed the 

development and organization measures 

to be taken by AFFA in the face of "ASEAN 

connectivity toward 2025". The bi-yearly 

election of the office bearers took place at 

the AGM. 

Mr Yukki Nugrahawan Hanafi – 

Chairman of Indonesian Logistics and 

Forwarders Association became the newly 

elected Chairman of AFFA for the term 

2016-2018 whilst Mr Stanley Lim remained 

as the Honorary Secretary. 

AFFA Advisory Body Education 

& Training (ABET) 

The 17th AFFA ABET Meeting was held prior to 

the AFFA Meeting on 01 December 2016. Mr Thomas 

Sim – 2nd Deputy Chairman presided over the AFFA 

ABET proceedings. Aside from country reports by 

each country, the meeting delved on the Sustainable 

Human Resource Development in Logistics Services 

for ASEAN Member States Project, the status of 

Formation of an Education Committee and report of 

status of national training programmes. 

32 FORWARD

ASEAN Framework Agreement on Multimodal Transport 

Senior officials from the Ministry of Transport, Land Transport 

Authority and SPRING Singapore called on the Association on 

28 September 2016 to familiarize with the ASEAN Framework 

Agreement on Multimodal Transport (AFAMT). In recognition of 

the critical support of the transport and logistics services sector in 

regional and international trade, ASEAN had worked to facilitate 

door-to-door delivery of goods using various modes of transport 

under a single transport document. AFAMT was signed on 17 

November 2005 in Vientiane, Laos by the 10 ASEAN Ministers of 

Transport. To date, Cambodia, Myanmar, Lao PDR, the Philippines, 

Thailand and Vietnam have ratified the Framework Agreement. 

International Federation of Freight Forwarders Associations (FIATA) 

FIATA HQ Session 

Mr Stanley Lim – Chairman and Mr Thomas Sim – 2nd Deputy Chairman participated at the FIATA HQ Session held 

from 17 to 20 March 2016 in Zurich, Switzerland. The agenda covered a wide range of topics: 

v Meeting of the Presidency / Extended Board 

v Region Africa & the Middle East / Americas / Asia Pacific / Europe 

v Airfreight Institute 

v Custom Affairs Institute 

v Multimodal Transport Institute 

v Advisory Body Information Technology 

v Advisory Body International Affairs 

v Advisory Body Legal Matters 

v Advisory Body Safety and Security 

v Advisory Body Vocational Training 

v FIATA Foundation 

v FIATA Logistics Academy 

v Association Members’ Forum 

v Session on the Future of FIATA 

The assembly produced a number of actions to be taken throughout the year and further reporting took place at the FIATA World 

Congress 2016 held from 03 to 08 October 2016 in Dublin. 


33


AFFA Conference cum ASEAN Forum 

UNESCAP Regional Conference for Logistics Service Providers 

FIATA – 10th Region Asia Pacific Field Meeting 

The AFFA Conference cum ASEAN Forum, UNESCAP Regional Conference for Logistics Service Providers and FIATA 10th Field 

Meeting of the Association Members of the Region Asia-Pacific (RAP) took place on 22, 23 and 24 June 2016 respectively in Jakarta, 

Indonesia. The Association was represented by Mr Stanley Lim – Chairman and Mr Thomas Sim – 2nd Deputy Chairman. 

Hosted by the Indonesian Logistics and Forwarders 

Association, the interesting presentations at the AFFA 

Conference cum ASEAN Forum covered: 

v ASEAN Strategic Transportation Plan 2016-2025 in regards to 

integration of cargo movement in ASEAN by ASEAN Secretariat 

v ASEAN Logistics Integration: 

EU case study by Dr. Hermione Parsons 

v Presentation by AFFA Security Working Group 

The presentations from UNESCAP Regional 

Conference mapped out the latest work developments: 

v Latest updates with relevance to freight forwarders, 

multimodal transport operators and logistics service providers 

by Ms Virginia Tanase – Chief, Transport and Facilitation 

Section, Transport Division, ESCAP. 

v Cargo security and transit challenges by Mr Izhar ul-Haq 

Qamar – Chairman, Pakistan International Freight 

Forwarders Association. 

v Co-modality in Providing Logistics Services by Mr Roy van den 

Berg – Consultant, The Netherlands. 

The FIATA RAP Field Meeting covered a wide ranging 

agenda which include: 

v Matters relating to Airfreight, Mutimodal Transport, Customs 

Affairs, Safety and Security, Vocational Training as well as Legal 

Matters and International Affairs in the region. 

v Indonesia Special Section with presentation by Coordinating 

Ministry of Economic Affair and presentation by Indonesia 

Sea Port Operator – PELINDO IV – on Indonesia Maritime 

Highway: alternative for logistics in the archipelago. 

34 FORWARD

FIATA World Congress 2016 

Mr Stanley Lim – Chairman and Mr 

Thomas Sim – 2nd Deputy Chairman 

represented the Association at the FIATA 

World Congress (FWC) held in Dublin, 

Ireland from 03 to 08 October 2016. 

The Congress coincided with FIATA’s 

90th Birthday. Founded in 1926, FIATA 

now represents an industry covering over 

40,000 forwarding and logistics firms in 

160 countries. 

The MOU signing was witnessed 

by Minister of Transport Malaysia Yang 

Berhormat Dato Sri Liow Tiong Lai. 

The event also featured several 

networking opportunities for delegates 

and a great number of technology 

vendors in the exhibition hall. 

TT Club and FIATA celebrated the 

achievements of young freight forwarders 

around the globe at the annual FWC. 

The 2016 Young International Freight 

Forwarder of the Year Award was 

presented to Ms Shanon Gould 

from Australia, representing the Asia- 

Pacific region. 

Hosted by the Irish International 

Freight Association, the congress 

presented a new format and welcomed 

an array of high level speakers to discuss 

key topics of the industry, with a strong 

accent on innovation. 

One of the highlights of the congress 

included the signing of the IATA FIATA 

Air Cargo Program (IFACP) Cooperation 

Agreement during FIATA's Airfreight 

Institute's 95th meeting. Mr Zhao 

Huxiang – FIATA’s President and Mr Tony 

Tyler, IATA’s Director General signed the 

agreement to implement IFACP to replace 

the existing IATA Cargo Agency Program. 

The Association of Banks in Singapore 

Other agreements with strong 

government support were prominently 

featured and attracted global and 

regional attention. 

One of which was the signing of a 

Memorandum of Understanding (MOU) 

among DNeXPORT Sdn Bhd of Malaysia, 

GeTS Asia Pte Ltd (SLA member) and 

Tiffa Edi Services Co Ltd of Thailand 

on 06 October 2016 to strengthen cooperation 

and partnership in the field of 

Trade Facilitation. 

The Association continued to engage 

the banking community on possible 

strategic partnership and collaboration. 

A meeting was convened on 21 April 

2016 with The Association of Banks 

in Singapore (ABS) to delve on the 

possibility of putting in place a standard 

road transport document in place of 

delivery orders. 

The current practice is that sellers 

and buyers mostly outsourced goods 

delivery to transport to service providers 

and these companies issue their own 

documents and electronic proof 

of delivery. ABS would further the 

deliberation and seek the views of traders. 

In another development, Ms 

Charmaine Fu – TLA’s Lecturer was 

nominated to speak at the Annual 

Survey of Letter of Credit Law & Practice, 

organised by the Institute of International 

Banking Law & Practice (IIBLP) from 11 

to 12 July 2016. 


35


Safety of Life at Sea 

The Association together with several logistics 

representatives and shipping companies attended a meeting on 

31 March 2016 convened by the Maritime and Port Authority of 

Singapore (MPA) to delve on the amendment to the International 

Convention for the Safety of Life at Sea (SOLAS) before it took 

effect from 01 July 2016. It was affirmed that operations at PSA 

would remain at status quo. All containers would be weighed 

and the Verified Gross Mass (VGM) recognized for stowage 

planning and assessment by the shipper. 

Member-companies were invited to a seminar on Container 

Weight Regulations, Chapter VI Regulation 2 organised by the 

Singapore Shipping Association on 10 June 2016. The workflow 

process for local export containers handled at PSA terminals 

were explained to the participants in detail. 

Following the implementation on 01 July 2016, MPA 

conducted another meeting on 19 August 2016 for feedback and 

reviewed the number of containers that were shut-out due to 

unconfirmed VGM. Stakeholders had been urged to comply with 

the requirements. 

With effect from 27 October 2016, PSA provided a new 

feature in the Electronic Shipping Note transaction in Portnet 

to opt for the VGM Monitoring Service. When this option 

is selected, export container weight exceeding the 5% VGM 

discrepancy would automatically be updated to PSA derived 

weight when the container arrived in the port. At $1 per 

container, the monitoring service would prevent containers from 

being shut out or requiring last minute weight amendments 

which would incur additional charges. 

Golden Chariot International Transport Award 

Mr Stanley Lim – Chairman and past FIATA President was bestowed the award of “Achievement for 

Strengthening International Relationships in the Transport Sector” at the Golden Chariot Award Ceremony 

held at the end of the opening session of the 2nd meeting of the Enlarged FIATA/UIC Railway Contact 

Group on 12 May 2016 in Shenzhen, China. Amongst the list of winners, there were 2 from Singapore, 

including Singapore Airlines that won the Leader of Air Transport in 2011. 

36 FORWARD

Sea Checkpoints Security 

Coordinating Committee 

The Association, as represented by Mr 

John Iversen – Council Member / Chairman 

of Maritime Cargo Committee participated in 

the meetings of the Sea Checkpoints Security 

Coordinating Committee, a joint collaboration 

between Immigration & Checkpoints Authority 

of Singapore and Ministry of Home Affairs. With 

the mandate to oversee security issues at the 

land-based sea checkpoints, the 1st, 2nd and 3rd 

committee meetings were held respectively on 

20 January, 23 May and 18 November 2016. 

TILOG – LOGISTIX 2016 

The Department of International 

Trade Promotion (DITP), Ministry of 

Commerce and Reed Tradex jointly 

organised TILOG – LOGISTIX 2016 from 

21 to 23 September 2016 in Bangkok, 

Thailand. Attended by 10,263 attendees, 

it was an exhibition on LSPs, technologies 

and solutions for ASEAN + 6. The 

event also featured a Singapore Pavilion, 

showcasing the products and services of 

Singapore companies. Mr Stanley Lim – 

SLA Chairman was one of the speakers at 

the panel discussion of the Logistics 4.0 

Symposium 2016. 

Singapore Customs 

Member-companies were invited to a one-day export control seminar on 

09 September 2016 organised by the US Bureau of Industry and Security, US 

Export Control and Related Border Security, Japan Ministry of Economy, Trade 

& Industry and Singapore Customs. The seminar provided unique opportunities 

to delve on the recent developments on Strategic Trade Management. 


37

AIR CARGO COMMITTEE 

Air Cargo Security Work Group 

Member-companies were 

invited by the Air Cargo Security 

Work Group to a briefing on 

Air Cargo Security Review on 

12 January 2016. The session 

presented the implementation 

plans of the approved 

recommendations by the National Civil Aviation Security Committee, to extend 

the Regulated Air Cargo Agent Regime (RCAR) to all-cargo aircraft and regulating 

Known Consignors. 

Subsequently, a focused group discussion was held on 29 July 2016 where the 

attendees provided their inputs on the operational matters, cost implications and 

preference of the proposed increased screening implementation timeline. Membercompanies 

were invited to a series of workshops organised between May to July 

2016 to familiarize Consignors with the Known Consignor Security Programme 

requirements once it is implemented. 

Ministry of Transport 

The Ministry of 

Transport organized an 

air cargo seminar with 

the theme – ‘Perspectives 

on Facilitating Global 

Air Cargo Movement’ 

on 16 February 2016 at 

the Singapore Aviation Academy (SAA). 

Attended by local industry stakeholders, 

the seminar focused on regional efforts to 

strengthen supply chain security, as well 

as the global requirements pertaining to 

balancing of security and facilitation of 

air cargo and mail. SLA was represented 

by Mr Gerry Tan – Honorary Secretary / 

Chairman of Air Cargo Committee. 

Civil Aviation Authority of Singapore (CAAS) 

Throughout the year, the Association 

kept abreast of developments in the 

air cargo segment, notably with regard 

to new regulations, processes and 

technology. 

There were numerous engagements 

with CAAS on programmes to raise 

productivity, improve competitiveness, 

develop aviation talents and build a 

stronger brand for the Singapore aviation 

industry. Ms Ng Soo Hwa – Executive 

Director attended the CAAS Aviation 

Community Reception with the theme, 

“Advancing Singapore Aviation as One” 

on 01 July 2016 at ITE College East. The 

Guest of Honour was Mrs Josephine 

Teo – Senior Minister of State, Prime 

Minister's Office, Ministry of Foreign 

Affairs and Ministry of Transport. 

The main highlights include 

sharing of CAAS’ key plans, as well as 

presentation of the Aviation in Schools 

Initiative awards and SkillsFuture Study 

Awards to commemorate the first batch of 

the Air Transport Sector. 

38 FORWARD

e-freight@SG Network 

The Association, as represented by Mr Gerry Tan – Honorary Secretary / 

Chairman of Air Cargo Committee, continued to participate in the e-freight@ 

Singapore Steering Committee. New incentives were introduced to encourage 

the use of the e-freight@Singapore solution after the adoption. These incentives 

also intended to establish e-freight as a part of their business processes; and 

to encourage companies to get their partners onboard to transact with them, 

ultimately raising overall adoption. Several packages from CAAS and various 

stakeholders including SLA were rolled out in their effort to encourage adoption 

as a community. The challenge remains with the measured response from 

shippers, as they largely relay the entire operation to freight forwarders. 

After several deliberations by the committee, the e-freight@Singapore was 

rebranded and adopted a new name, e-freight@SG Network. e-freight@SG 

Network was launched at the SAAA@Singapore Annual Forum: Perspectives, 

Bridging Effective Connections in the Air Cargo Supply Chain on 15 September 

2016 at Max Atria. Mr Gerry Tan represented SLA at the unveiling of the new 

emblem of the Network. 

Changi Airport Group (CAG) 

All through 

the year, the CAG 

worked closely with 

the Association to 

strengthen Changi 

Airport’s connectivity across the globe. 

On 28 June 2016, CAG engaged the 

Association for feedback on the Changi East 

Zone Development and several productivity 

projects within the air logistics community. 

The dialogues also delved on increasing security 

standards and improvements of facilities within 

the Changi Airfreight Centre (CAC). 

One of the pertinent topics was the 

feasibility of a common warehouse concept, 

multiple users at untenanted warehouse spaces 

in CAC to store cargoes for a short period of 

time. Such a facility could benefit and help 

operators that experience sudden surge in 

inbound cargoes manage their warehousing 

services. 

The Association outreached to SLA 

members and directed those interested in such 

a scheme to CAG. 

The e-freight@SG Network aimed to grow the e-freight@Singapore 

community of air cargo shippers, forwarders and airlines. The Network 

comprises air cargo shippers and forwarders who have adopted one of three 

qualified e-freight@Singapore solutions as well as airlines that have signed up 

to IATA’s Multilateral e-AWB Agreement. Members of the Network can enjoy 

benefits offered by CAAS and participating partners up to April 2019. 

SLA participated in the e-freight@SG Network programme by 

way of giving preferential rates for air cargo courses offered by 

The Logistics Academy: 

v Air Conventions, Conditions of Contract by Air and e-Freight 

v Air DGR Awareness 

v Airfreight Forwarding Appreciation 

Let’s Talk! Cargo 2016 

Mr Gerry Tan – Honorary Secretary / 

Chairman of Air Cargo Committee and Ms Ng 

Soo Hwa – Executive Director participated at 

the Let's Talk Cargo! 2016 on 25 February 2016. 

Aside from CAG, the other speakers were from 

EDB, IE Singapore, and companies covering 

consultancy, e-commence and pharmaceutical 

industry. The papers contained an overview 

of air cargo performance, outlook, trends and 

projections. The presentation from IE Singapore 

touched on the One-Belt-One-Road initiative 

and how it could potentially impact Singapore. 


39

AIR CARGO COMMITTEE 

Annual Airport Celebration 2016 

Mr Gerry Tan – Honorary Secretary / Chairman of Air Cargo Committee represented the Association at the Annual Airport 

Celebration that was held on 02 March 2016 to commemorate a year of exceptional service to Changi Airport’s every-day service 

heroes. The Coordinating Minister for Infrastructure and Minister for Transport, Mr Khaw Boon Wan graced the event. 

Changi Airline Awards 

The Association was represented by Mr Gerry Tan – Honorary Secretary / Chairman of Air Cargo Committee at the annual 

Changi Airline Awards on 28 April 2016 at Grand Hyatt Singapore where 25 awards were presented across six categories to airlines 

that have contributed most significantly to the growth of the Singapore air hub in 2015. 

40 FORWARD

LAND TRANSPORTATION COMMITTEE 

PSA Monthly & Quarterly Meetings 

SLA continued to participate actively 

at the monthly dialogue sessions and 

quarterly meetings hosted by PSA together 

with the Immigration & Checkpoints 

Authority of Singapore, Singapore Customs 

and other trade associations namely, 

Container Depot Association (Singapore) 

and Singapore Transport Association. 

Besides the regular exchange of 

industry feedback and suggestions aimed 

at enhancing efficiency of port operations, 

the dialogues also delved on global 

matters that impacted the port operations 

in Singapore. One of the important 

agenda item was the amendment to the 

International Convention for the Safety of 

Life at Sea (SOLAS) that took effect from 01 

July 2016 which affected operations at PSA. 

Although there were a number of rejected 

export containers and overladen cases 

detected at the PSA gates during the first 

few weeks of implementation, the number 

was gradually reduced to insignificant due 

to PSA’s constant engagements with the 

PSA Safety Launch 2016 

community. Another 

pertinent topic 

was the handling 

of containers and 

berthing of vessels 

operated by the 

insolvent Hanjin 

Shipping that left 

many ships stranded 

at sea. 

PSA orchestrated 

prompt steps to 

broadcast several 

advisories to the community on affected 

vessels that would berth at PSA port. 

For delivery, a deposit of $5,000 per 

container was required, deemed necessary 

to facilitate cargo flow and minimise 

disruptions to the supply chain. 

PSA would refund the deposit when 

the empty container was returned to 

the designated depot / yard. The entire 

operation was facilitated. As part of 

PSA’s work plan for Year 2016, the Pasir 

Panjang Terminal (PPT) Building Gate 3 

for containerized cargoes commenced the 

first phase of operation from 28 September 

2016, complementing PPT Gate 4. 

The phase development would 

continue in 2017. Organised jointly with the 

Traffic Police, the Annual Safety Briefings 

for prime mover drivers were conducted by 

PSA over 8 sessions from 07 August to 04 

September 2016. 

The annual PSA Safety Launch was held on 19 January 

2016. Amongst the commendations, the Most Safety Conscious 

Haulier Driver Awards were presented to deserving drivers 

who practiced safe driving. The launch was also an initiative to 

inculcate safety awareness amongst drivers while recognizing 

and encouraging drivers to achieve good safety performance in 

their day-to-day operations. Together with CDAS and STA, the 

Association supported and co-sponsored the awards. 

9 prime mover drivers who excelled in safety performance won the Most Safety Conscious Haulier Driver Awards. 

5 of them were hailed from the following SLA member-companies: 

Company 

Bok Seng Logistics Pte Ltd 

GKE Express Logistics Pte Ltd 

iG Logistics Pte Ltd 

Pan Ocean Transport Pte Ltd 


Driver 

Mr See Seng Chai 

Mr Teo Seng Huat 

Mr Fu Licheng 

Mr Ong Yeo Teck 

Mr Zulkefli Bin Hussien 


41

LAND TRANSPORTATION COMMITTEE 

Land Transport Authority (LTA) 

On 09 September 2016, LTA 

conducted a briefing for SLA members on 

enhancements to the revised Oversized 

Vehicle Movement (OVM) regime. 

With effect from 10 October 2016, the 

OVM regime implemented new width 

requirements for permit and auxiliary 

police escort as well as a new permit 

condition to enhance the visibility of 

oversized vehicles. 

In another development, LTA 

convened meetings with the Association 

on 21 October 2016 and 28 November 

2016 to share on a new initiative to 

mandate all lorry cranes to be fitted with 

an Audio Warning System. 

This would mitigate the risk of overheight 

lorry cranes from hitting overhead 

road structures. 

Logistics & Transportation Conference 2016 

SLA supported the Logistics & 

Transportation Conference 2016 

organised by the Container Depot 

Association (Singapore) on 23 and 24 

August 2016 at Furama City Centre. 

Graced by Mr S Iswaran – Minister 

for Trade and Industry (Industry), 

two industry-led initiatives supported 

by SPRING Singapore were launched 

during the event. The first initiative 

is the eCTS which aims to connect all 

container logistics companies through a 

common platform. The second initiative 

is the TR53:2016, a technical reference 

on container depot operations, which 

provides guidelines on the general layout, 

safety requirement and information 

exchange with back-end administration. 

Both initiatives purport to help ensure 

smooth operations between container 

trucking operators and container depot 

operators. 

Mr Stanley Lim – Chairman 

participated at the panel discussion that 

expounded on the hot topic, “What does 

a Smart Nation mean to the SME Business 

of Logistics and Transportation?” 

Singapore Manufacturing Federation (SMF) 

At the invitation of SMF, Mr Steve Huang – Senior Operations Manager of 

Poh Tiong Choon Logistics, SLA member, represented the Association in the 

Working Group for the review of CP 30:1985 – Code of Practice for Safe loading on 

vehicles. The code serves to guide transport operators, drivers and loading staff 

on basic safety principles that must be followed generally and the precautions to 

be taken in ensuring the safe carriage of the more common types of load. 

42 FORWARD

LOGISTICS SERVICES COMMITTEE 

Workplace Safety & Health Council 

WSH Council (Logistics and Transport Committee) 

Represented by Mr Yap Chee Sing – Council Member, the WSH 

Council (Logistics and Transport) Committee took on a number of 

work initiatives throughout the year. 

This included the launch of a notebook to promote Drivers’ 

with Safe Driving Tips that were distributed to associations, 

the promulgation of the WSH Innovation Award for Logistics & 

Transport Sector as well as promoting and reviewing the WSH 

Guidelines on Workplace Housekeeping. The committee also 

WSH Forum 

highlighted the rise in the number of fatalities and injuries in the 

logistics and transport sector involving warehousing activities. 

Slips, trips and falls as well as struck by moving objects were 

the most common incident types in the warehouses. 

WSH CEO Lunch-dialogue 

SLA member-companies were invited 

to the WSH Forum – A Safe Warehouse is 

an Efficient Warehouse on 30 June 2016. 

The forum was jointly organised by the 

WSH Council and MOM with support 

of the SME Centre@SMF. The forum 

centred on the sharing of case studies 

and inspection findings on warehouse 

safety as well as the importance of 

managing traffic in warehouses and the 

good practices to minimise traffic risks. 

Useful information such as the rack system 

selection criteria, common problems 

faced and solutions were shared with the 

participants. There was also sharing on 

the 5S approach of good housekeeping at 

the workplace, chemical management and 

GHS implementation in warehouse and the 

concept of Return-to-Work. 

Mr Stanley Lim – Chairman attended a 

CEO lunch-dialogue on WSH with Mr Sam 

Tan – Minister of State for Manpower on 

31 October 2016. Some 15 senior officials 

from the logistics and transport industry 

were present. The series of lunch-dialogue 

with CEOs of various sectors aimed to 

better understand WSH challenges and 

initiatives taken by companies to improve 

their WSH performance. 

TrafficSAFE 

The Ministry of Manpower (MOM) 

piloted a new WSH assistance program 

named TrafficSAFE to raise awareness, 

guide employers on traffic safety 

management and help them assess 

and implement practices within their 

workplaces. The programme consisted 

of onsite visits conducted by WSH 

professionals to engage the employers, 

review their onsite traffic safety 

management plans and guide them on 

physical implementation of relevant 

control measures. A total of eight 

member-companies participated in the 

pilot program. 


43


WSH Awards 

The annual WSH Awards are presented 

by the WSH Council and supported by 

the Ministry of Manpower. The awards 

recognize organizations and individuals 

who have contributed to achieving 

excellence in workplace safety and health. 

In 2016, a new category – WSH Innovation 

Awards 2016 for Logistics and Transport 

Sector was created. 

The award aims to recognise work 

teams in the Logistics and Transport sector 

which have initiated innovative practices or 

solutions that improve safety and health in 

the workplace. 

The Association championed and 

coordinated the inaugural WSH Innovation 

Award for Logistics & Transport Sector 

2016 and drive participation amongst 

logistics companies. An introductory 

briefing of the WSH Innovation Awards 

2016 for the Logistics and Transport Sector 

took place on 

01 February 2016. Conducted by WSH 

Council, the briefing was well attended 

by organistions in the sector. A total of 6 

finalists made spirited presentations on 13 

May 2016 to a judging panel comprising 

Mr Thomas Teo – Senior Assistant 

Director, OSH Inspectorate Department of 

MOM, Mr Perry Hung – Manager, Industry 

Practices, Sensing and Engagement 

Department of WSH Council and Associate 

Professor Lee Pui Mun – Dean for School 

of Business, SIM University. 

Company Team Project 

GOLD SATS Ltd SATS Maintenance Tractor Tow Hitch Sensor 

SILVER CEVA Logistics The Flying Carpet A Pallet that Floats on Air 

Singapore Pte Ltd 

BRONZE Bok Seng Project IPL To Enhance Operational 

Logistics Pte Ltd 

Safety for Conventional Trucking 

COMMENDATION Katoen Natie Singapore Katoen Natie SINTRA 

(Jurong) Pte Ltd 

PSA Corporation Ltd PSA Engineering Safe Height Trolley 

Team 

SMRT Buses Ltd Singapore Bus Evidence-based Proactive 

Training and Training for Bus Professionals 

Evaluation Centre in Singapore 

All 6 finalists including the award 

winners received the Certificate of 

Commendation from Mr Stanley Lim 

– Chairman and Mr Lai Poon Piau – 

Executive Director of WSH Council at the 

award ceremony held on 27 May 2016 

following the SLA AGM. 

Ms Ng Soo Hwa – Executive Director 

represented SLA at the Annual WSH 

Awards Gala Dinner held on 27 July 2016. 

She joined other sector representatives 

and winners of the WSH Innovation 

Awards 2016 for a gallery shot during 

the dinner. The Minister of State for 

Manpower, Mr Sam Tan graced the event. 

44 FORWARD

Business Continuity Management (BCM) 

A collaborative effort between SLA 

and the Singapore Business Federation 

(SBF), the BCM - Readiness Framework 

handbook for companies in the cold chain, 

warehousing and storage industry was 

introduced at the BCM Annual Conference 

on 06 January 2016. The standards enable 

businesses to understand and prioritise 

the threats to their businesses, as well 

as put in place a management system to 

protect against, reduce the likelihood of, 

and ensure that the business recovers from 

disruptive incidents. 

As the BCM focal point, SBF invited 

SLA member-companies to an Info-Session 

on Verifiable Business Continuity Plan 

(BCP) Initiative, “Plan to be Future- 

Ready, Today!” on 26 April 2016. The 

Verifiable BCP Initiative enables Singapore 

companies to tap on SPRING Singapore’s 

Capability Development Grant to develop 

their BCPs and contingency measures to 

address specific and recurring scenarios. 

Centre of Innovation – Supply Chain Management 

At the invitation of the Centre of Innovation – Supply Chain Management (COI- 

SCM), close to 20 representatives from 10 member-companies attended a session on 

26 April 2016 at Republic Polytechnic to gain an appreciation on Container Transport 

Performance Measurement. Using real historical data of a member-company, Mr Dennis 

Quek – Director, COI-SCM shared the insights from the analysis, and how those findings 

can translate to productivity improvement opportunities for companies and the industry. 

SPRING - Logistics 

Associations Meetings 

SPRING Singapore actively engaged 

the Association to examine the common 

problems and pain points in the haulage 

industry. 

On 02 February 2016 and 11 March 

2016, SPRING Singapore coordinated the 

SPRING-Logistics Associations meetings 

together with SLA, CDAS, SAAA@ 

Singapore and STA to align all efforts in 

developing the industry. The meetings 

facilitated discussions surrounding the 

next generation platform and its potential 

applications. One of the proposed 

initiatives included the U-Drive solutions, 

a B2B transport job sharing platform. 


45


Industry Transformation Map for Logistics Industry 

The ITM for Logistics was launched 

on 16 November 2016 by Mr S Iswaran - 

Minister for Trade and Industry (Industry) 

at the Ground Breaking of the JTC 

Logistics Hub @ Gul event. The road 

map for logistics aims at reinforcing 

Singapore's position as a global logistics 

hub. It is set to add $8.3 billion in value 

to the sector and create 2,000 jobs for 

professionals, managers, executives and 

technicians (PMETs) by the end of the 

decade. ITM will support enterprise-level 

efforts to transform and grow through 

productivity and innovation. It aims 

to nurture a strong Singaporean core 

through talent development and in turn 

JTC Corporation 

will help companies, in particular, the 

SMEs to scale up and internationalise. 

The message was echoed by Mr Kay 

Kong Swan – 1st Deputy Chairman / 

Chairman – Logistics Services Committee 

during the interview by Channel News 

Asia at the event. 

In conjunction with the ITM launch, 

the Logistics Industry Career Guide 

was showcased. Mr Thomas Sim – 2nd 

Deputy Chairman / Chairman – Training 

& Development walked the Minister 

through the eGuide which featured 9 

logistics professionals and the career 

opportunities in logistics. 

Mr Ken Koh – Council Member / 

Chairman – Innovation & Collaborative 

Technology was invited to be in the 

interview panel together with Dr Koh 

Poh Koon - Minister of State, Ministry 

of National Development & Ministry of 

Trade and Industry on “Hello Singapore”. 

A news/current affairs programme 

produced by Mediacorp Channel 8, the 

episode was broadcasted on 18 November 

2016. Dr Koh Poh Koon gave his insights 

on the Logistics ITM while Mr Ken Koh 

shared on SLA’s role in transforming 

the industry. 

Mr Kay Kong Swan- 1st Deputy Chairman, Mr Thomas Sim – 2nd Deputy 

Chairman, Mr Gerry Tan – Honorary Secretary / Chairman of Air Cargo 

Committee, Mr Ken Koh – Council Member / Chairman of Innovation and 

Collaborative Technology and the Secretariat attended the Ground Breaking 

of the JTC Logistics Hub @ Gul on 16 November 2016. Mr S Iswaran - Minister 

for Trade and Industry (Industry) graced the event. The property would be 

Singapore’s first high-rise, multi-tenanted facility to house Inland Container 

Depots, warehouses and heavy vehicle park within a single development. Mr 

Kay Kong Swan represented SLA at the symbolic Ground Breaking Ceremony. 

46 FORWARD

INNOVATION & COLLABORATIVE TECHNOLOGY COMMITTEE 

The Innovation & Collaborative Technology (ICT) Committee 

is refreshed from the former e-Logistics / Technology Committee 

with the following revised Terms of Reference: 

Creating synergy with industry partners and raising 

awareness on smart innovation and digital technology 

so as to benefit the members. 

The renaming and re-scoping of the committee is in response 

to the changing trend of the logistics industry with proliferating 

adoption of new technologies and e-commerce activities. A 

redefinition in the scope of the ICT Committee is also in line with 

the Industry Transformation Map to drive innovation and adopt 

automation / technology to boost productivity. 

Throughout the year, 

the Association engaged 

closely with government 

agencies and solutions 

providers to acquaint 

with packages made 

available to companies in 

the logistics sector. 

With emerging technologies, the Association would constantly 

assess the operational processes and requirements of members. 

Through collaborative events with other trade associations and 

business associations, SLA members were kept abreast with new 

industry updates. 

Internet of Things (IoT) Asia 2016 

TR46 : 2016 Technical Reference for Last Mile 

Delivery – eCommerce Data Interchange 

Jointly organised by the Singapore Industrial Automation Association (SIAA) and 

SingEx Exhibitions, IoT Asia was held from 30 to 31 March 2016 at Singapore EXPO, with 

SLA as one of the supporting organizations. Themed “Losing the Gap: from Vision to 

Reality”, the event was graced by Dr Vivian Balakrishnan, Singapore’s Minister for Foreign 

Affairs and Minister-in-Charge of Smart Nation Initiative. The event revealed new insights 

on emerging trends, new key technologies and directions for IoT’s proliferation in the 

region. It also stimulated in-depth discussions to drive business collaborations in the 

region and undertake the real nuts and bolts of IoT implementation to make it a reality. 

The Singapore Manufacturing 

Federation - Standards Development 

Organisation (SMF-SDO), Infocomm 

Development Authority of Singapore 

(IDA) and SPRING Singapore jointly 

launched the Technical Reference TR46 : 

2016 for Last Mile Delivery – eCommerce 

Data Interchange on 12 April 2016. 

eCommerce retailers and logistics 

service providers can now look forward 

to streamlining delivery processes by 

implementing the TR46. A world’s first, 

TR46 provides guidelines for companies 

to adopt a common dataset to boost 

efficiency by reducing time, minimizing 

errors in the process chain and 

providing a seamless transactional 

experience for customers. 

TR46 is the culmination of efforts 

by key industry representatives 

in the Last Mile Delivery Working 

Group of the Technical Committee 

for Logistics, which comes under the 

purview of the Manufacturing Standards 

Committee managed by SMF-SDO. SLA is 

represented by Mr Teo Woon Hun – SLA 

Deputy Honorary Secretary. The ICT 

Committee convened a meeting with 

Info-communications Media Development 

Authority of Singapore (IMDA) and 

SPRING Singapore on 26 October 2016 to 

delve on the TR46:2016. 

As part of a continuous project, IMDA 

aimed to upgrade it to the Singapore 

Standards and be the benchmark and 


47

INNOVATION & COLLABORATIVE TECHNOLOGY COMMITTEE 

Wong Fong Industries Limited 

At the invitation of Wong Fong Industries Limited, SLA organised a site visit for 

members on 25 August 2016. The company is the leading providers of land transport 

engineering solutions. The Wong Fong Research and Innovation Centre (WFRIC) was 

established in 2013 to research on the future of the transportation industries. 

The evening saw the coming together of over 50 SLA members and industry 

practitioners to network and expand their business contacts. The members had the 

opportunities to view their range of electric vehicles and fast charging batteries. 

Simplifying Logistics through Technology Adoption 

reference for the region. A Working Group was formed to look at training, 

development of a platform for ecommerce LSPs using TR 46 and an accreditation 

program to recognise LSPs complying with TR46. SLA is represented by Mr Chan 

Hsien Hung – ICT Committee Member in the working group. 

SLA together with A*STAR coorganised 

the half-day presentation on 

Simplifying Logistics through Technology 

Adoption on 28 October 2016, with 

support from the Workforce Singapore. 

A group of 67 representatives from 

22 member-companies and organisations 

from various sectors were introduced 

to several affordable plug-and-play 

technology solutions that companies 

could adopt to improve productivity. 

Besides the sharing from A*STAR's 

manufacturing arm, Singapore Institute 

of Manufacturing Technology (SIMTech) 

on Collection, Delivery & Management 

System, wfMOBILE TM and Vehicle 

Routing Optimisation, the line-up 

include VersaFleet on logistics trends 

of disruption and digitisation as well 

as Enhanzom on FITPRISE Enterprise 

Management System. The participants 

Regional SLA Trade Facilitation Platform 

also toured the mini booth exhibition 

showcasing the solutions during the 

networking session. 

With support from IE Singapore, SLA was making plans to 

submit a proposal under the Local Enterprise and Association 

Development (LEAD) Programme at the end of the year to 

develop a regional trade facilitation platform. Working together 

with GeTS Asia, a member, the new portal would be a global B2B 

commerce platform. 

It would leverage on innovative use of technology to drive 

cross border trade, innovation and value creation within the 

logistics and supply chain industry. Discussions were intensified 

following the signing of a Memorandum of Understanding 

between the Association and GeTS Asia on 22 September 2016. 

The proposed new SLA portal would allow members and 

companies to tap on the global connectivity to gain access to 

the global markets and seek new growth opportunities. The 

preliminary plan is to build connectivity in phases, first within 

ASEAN, then to ASEAN + 6, and eventually to Asia Pacific, 

United States, Europe, Middle East/Africa and Latin America. 

SLA and GeTS Asia are in close liaison with several ASEAN 

Federation of Forwarders Associations (AFFA) members. 

One of them, the Thai International Freight Forwarders 

Association successfully piloted a trial link with a Singapore 

logistics company. 

48 FORWARD

The journey to better oneself to 

develop to the fullest potential 

throughout life requires constant 

refuel through acquiring new 

knowledge and skills. SkillsFuture 

is not a buzzword, but a reality in 

the face of ever-changing logistics 

landscape and demands. 

1.2844081,103.81380749999994 

REFUEL 


49

THE LOGISTICS ACADEMY 

VISION 

MISSION 

To enhance professionalism, skills and 

knowledge of supply chain and logistics 

To be a centre of excellence for the continuous 

development of supply chain and logistics profession 

Organisational Chart 

Training & Development 

Committee (Advisory) 

Board of Directors 

Examination Board 

Academic Board 

Training Advisory 

Committee 

Executive Director 

Teaching Faculty 

Management Team 

50 FORWARD

Board of Directors 

Mr Stanley Lim Æ SLA Chairman 

Mr Thomas Sim Æ SLA 2nd Deputy Chairman, TDC Chairman 

Ms Ng Soo Hwa Æ SLA Executive Director 

The Board of Directors sets the strategic direction of The Logistics Academy to attain the goals set forth in the vision and mission 

statements. It is responsible for the establishment of policies, rules and regulations to ensure financial viability of Academy. 

The Board of Directors conducted 2 meetings on 04 July and 02 November 2016. Quarterly meetings would be scheduled in 2017 

to enable more timely deliberation of issues and foster closer communications and work coordination with the management team. 

Academic Board 

Chairman Æ Mr Thomas Sim Æ TLA Director 

Members Æ Ms Ng Soo Hwa Æ TLA Director 

Ms Jennifer Tan Æ TDC Member 

Mrs Chua Li Tzer Æ Manager, Training & Development 

The Academic Board formulates the policies and procedures to ensure excellent 

academic quality and rigour, such as to: 

v Ensure that the content and duration of the modules or subjects, as well as the entry and 

graduation requirements of the course are appropriate. 

v Approve the deployment of lecturers based on the requirements stipulated by the Committee 

for Private Education. 

v Facilitate TLA in implementing and complying with the policies and procedures developed. 

v Review the academic policies and procedures at least once a year. 

The Academic Board conducted 2 meetings on 13 April and 02 November 2016. 

Examination Board 

Chairman Æ Mr Bill Chua Æ TDC Member 

Members Æ Mr Stanley Lim Æ TLA Director 

Mr Teo Kee Boon Æ TDC Member 

The Examination Board delves on the development of examination and assessment 

procedures, such as developing and facilitating the implementation of procedures to: 

v Ensure the security of examination scripts and answer scripts. 

v Ensure the proper conduct of examinations and assessments. 

v Define and ensure the proper discharge of duties and responsibilities of invigilators 

and markers. 

v Conduct moderation of examination and assessment marks. 

v Handle appeals from students with regard to examination or assessment matters. 

The Examination Board convened one meeting on 30 November 2016. 


51


Training Advisory Committee 

The Training Advisory Committee is chaired by Associate Professor Tan 

Yan Weng - Head / Associate Professor, Logistics & Supply Chain Management 

Program, School of Business, SIM University. The Committee met on 07 November 

2016 to review the evaluation summaries of the Specialist Training Programmes 

and Continuous Learning Programmes. 

The meeting also deliberated on industry trends and training needs. The 

invaluable inputs validated the industry relevance of several proposed new 

training modules and helped the Academy crystalize the topics before launching 

the new training programmes. 

Chairman 

Associate Professor Æ Head / Associate Professor, Logistics & Supply Chain Management Program, 

Tan Yan Weng 

School of Business, SIM University 

Members 

Mr Yee Cheng Foong Æ Operation Manager, Distribution, Keppel Logistics Pte Ltd 

Mr Daniel Tang Æ General Manager - Operations, CWT Logistics Pte Ltd 

Mr Sam Chua Æ Senior Account Manager, SDV Logistics Singapore Pte Ltd 

Mr Eric Chan Æ Deputy General Manager, Poh Tiong Choon Logistics Ltd 

Mr Thomas Chee Æ Head of Warehouse and Operations, Wrist Far East (Singapore) Pte Ltd 

Mr Peter Chua Æ Group Sourcing Category Manager, External Products, Essilor International 

Dr Tony Halim Æ Manager – Student Development, Temasek Polytechnic 

Dr Lum Kit Meng Æ Senior Lecturer, School of Civil & Environmental Engineering, NTU 

Mr Kenneth Tan Æ Director, The Shipping Academy 

Mr Victor Lam Æ Director, L’Expertise Beaute International Pte Ltd 

Specialist Training Programmes 

A total of 71 applications and 475 training 

placements were registered for the three Specialist 

Training Programmes (STP) in Year 2016: 

2016 Advanced Diploma in Diploma in Integrated Diploma in International 

Supply Chain Management Logistics Management Freight Management 

STP R33/Mar R34/Jun R35/Sep R42/Jan R43/May RR44/Aug R39/Jan R40/Apr R41/Sep 

New Intakes 5 2 8 9 14 5 3 9 16 

Total Placements 101 200 174 

52 FORWARD

Committee for Private Education (CPE) 

The Logistics Academy is once again certified 

by the CPE as a Private Education Institute under 

the Private Education Act (Chapter 247A) in 

Singapore. The 4-year renewal is in force till 23 

February 2020. The renewal is an endorsement 

to the Academy’s relentless efforts in complying 

FIATA Diploma 

A total of 19 TLA graduates successfully 

applied for their FIATA Diploma in Freight 

Forwarding (by examination and vocational 

training). The three diploma programmes 

– SCM, ILM and IFM are validated by FIATA, 

facilitating TLA graduates to obtain dual 

qualification with a professional certificate that 

is recognised worldwide. 

with the terms and conditions under the Private 

Education Act. It also reflects the commitment 

of the entire TLA faculty, Members of the Boards 

and management in providing quality training 

with the strong support from government 

agencies and member-companies. 

Graduation Ceremony 

At the TLA Graduation Ceremony held on 22 April 2016 at Furama City Centre 

Hotel, graduates from the Specialist Training Programmes (STP) were conferred 

their Diplomas and other awards. They were applauded for their hard work 

and successfully completing their respective programmes. Other than the Book 

Prize winners, special recognition was given to the best in class, the deserving 

Best Achievers with acknowledgement to all sponsors; SLA member-companies, 

Council Members and associates: 

Advanced Diploma in Supply Chain Management 

Nov 2014 Intake 

Ms Goh Poh Suan 

Diploma in Integrated Logistics Management 

Jun 2014 Intake 

Aug 2014 Intake 

Dec 2014 Intake 

Mr Mohamed Faizal Khan Bin Emran Khan 

Ms Chin Oi Kew 

Mr Lawrence Chai Khieng Kong 

Diploma in International Freight Management 

Jul 2014 Intake 

Nov 2014 Intake 

Mr Peng Kian Yong 

Ms Chin Bee Joo 

Workforce Skills Qualifications (WSQ) 

As part of the routine audit, WSQ 

conducted a Continuous Improvement 

Review (CIR) exercise on 25 April 2016 

at TLA. With fulfilment to the terms and 

conditions under the WSQ framework, 

the Academy’s Approved Training 

Organisation (ATO) status was renewed. 

TLA could continue to conduct its WSQ 

programmes namely, Apply Teamwork in 

Work Place and three other Assessment- 

Only-Pathway (AOP) on Manage Supply 

Chain Operations, Manage Multi-modal 

Project Transportation and Manage 

Trade Instruments, Documentation & 

Regulations for International Transport. 

The three AOP form part of learning 

for the participants of the three Specialist 

Training Programmes applying for 

enhanced funding under SkillsFuture 

Singapore Agency (SSG). A total of 41 

participants qualified for SSG Category B 

enhanced funding scheme through the 

Assessment-Only-Pathway (AOP) in January, 

May and December 2016. 

The SSG Category B enhanced 

funding scheme for the Specialist Training 

Programmes was successfully renewed 

from 01 April 2016 to 31 March 2018. 

Company-sponsored participants can 

continue to benefit from the support to 

upgrade themselves. 


53


PSA Port Tour 

Students from the Diploma in International Freight 

Management visited the PSA Pasir Panjang Terminal on 16 March 

2016 and 14 September 2016. The trip was part of their course 

curriculum to gain an insight into the round-the-clock vast port 

operations. Their understanding of the port operations was further 

enhanced with the good guidance of the host from PSA Singapore 

and Mr Bryan Tay, TLA’s Lecturer. 

Affiliation with Universities 

The recognition of TLA, leading to affiliation with universities and creating more learning opportunities for graduates is a testimony 

of its global recognition, good educational track-record, curriculum standards and the rigors of the assessment methodology. 

University of Tasmania 

The Australia Maritime College 

– University of Tasmania has granted accreditation to TLA 

Specialist Training Programmes for its Bachelor of International 

Logistics (Freight Forwarding). This is in addition to the present 

accreditation for its Bachelor of Business degree. Facilitated by 

Mr John Iversen, TLA Advanced Diploma graduates are granted 

10 units exemption, and now require only 13 units while TLA 

Diploma graduates are granted 8 units exemption and require 

completing 15 units to obtain the degree. 

University of Melbourne 

TLA Advanced Diploma in Supply Chain 

Management now qualifies as entry requirement to 

the Master in Supply Chain Management offered by the 

University of Melbourne following the introduction of 

Dr Ong Geok Quee. The Master of Supply Chain 

Management is a Chartered Institute of Procurement 

and Supply (CIPS) accredited degree. 

Continuous Learning Programmes 

The logistics industry is constantly innovating to become more 

efficient and responsive to industry needs, with better-integrated 

systems and improved technology. TLA is in cognizance of this 

trend and has developed these new courses/workshops to bring 

higher-value capacity building training to meet the specific needs 

of today’s supply chain professionals. 

A number of new short courses/workshops were 

introduced by TLA during this year: 

v 1-day Airfreight Forwarding Appreciation 

v 1-day SCM Future Trend – Big Data & IoT Applications 

v 3-day Specialist Certificate in Effective Purchasing Management 

The Maritime and Port Authority of Singapore gave TLA a 3-year 

renewal to conduct the Certificate in Applying IMDG. 

54 FORWARD

A total of 425 learners benefitted from the following 21 Continuous Learning Programmes that spanned 42 sessions in the year 2016. 

Programmes No. of Runs No. of Ppts 

Airfreight Forwarding Appreciation 1 5 

Cargo (Transportation) Insurance Workshop 1 14 

How to leverage MS-Excel in Logistics 1 14 

ICC Incoterms 2010 4 63 

International Trade & Effective Handling/Processing of L/C 2 27 

Lean Six-Sigma in Logistics I 3 19 

Lean Six-Sigma in Logistics II 2 11 

Lean Six-Sigma in Logistics III 2 13 

SCM Future Trend – Big Data & IoT Applications 1 6 

Sea Freight Forwarding Operations 4 25 

Shipping Documentation - Dos and Don'ts 4 43 

Standard Trading Conditions 1 9 

Workshop on Project Forwarding 1 11 

Certificate in Applying IMDG Code 2 25 

Certificate in Logistics Operations (Bridging) 3 34 

Specialist Certificate in Warehouse Management - Design & Operations 1 14 

Specialist Certificate in Cold Chain Management - Pharmaceuticals & Medical Devices 2 31 

Specialist Certificate in Chemical Logistics Management 1 8 

Specialist Certificate in Inventory Control & Materials Management 2 20 

Specialist Certificate in Effective Purchasing Management 2 20 

WSQ-Apply Teamwork in Work Place 2 13 


55


Career Fairs 

The Association supported the 

initiatives of the Singapore Workforce 

Development Agency (WDA) in its 

outreach to the workforce to join the 

logistics and supply chain sectors. 

The Career Fair in the Heartlands 

for Logistics & Supply Chain Sectors 

was held on 01 March 2016 at Tampines 

North Community Centre. Some 100 

ranging from new entrants to mature 

job seekers were present to explore 

work opportunities. Spot interviews 

were conducted on site for various 

job openings with five SLA membercompanies 

namely, A-Sonic Logistics 

Pte Ltd, Nippon Express (Singapore) 

Pte Ltd, Richland Logistics Services Pte 

Ltd, Schenker Singapore (Pte) Ltd and 

ST Logistics Pte Ltd. Mr John Iversen 

– Council Member shared and gave 

a presentation on the nature of jobs 

in logistics, career pathway as well as 

courses available for upgrading and 

enhanced career progression. 

On 24 May 2016, Mr Daniel Chew, TLA 

Course Convenor of WSQ, addressed a 

different group of audience – a total of 

80 teachers and students from secondary 

students from Broadrick Secondary 

and Greenridge Secondary Schools. 

They were participating in the Career 

Discovery Fair which was an educational 

session organised first time by the 

Lifelong Learning Institute, a learning 

institute of WDA. Logistics station was 

part of the many industry stations that 

the students attended to gain insights 

into various career opportunities 

available in Singapore. Mr Chew through 

his interactive delivery and simple 

illustrations enabled the young minds to 

understand the complexity of logistics. 

The Career Fair @ Heartlands was 

held on 21 June 2016 at Woodlands 

Galaxy Community Club by WDA. The 

event was part of the Career Series with 

an initiative to help Singaporeans adapt to 

changing job demands, to reskill, switch 

careers or to take on new jobs. Four 

SLA member-companies namely Sankyu 

(Singapore), Katoen Natie Singapore 

(Jurong), ST Logistics and LF Logistics 

Services conducted spot interviews for 

various job openings in their companies. 

Learning opportunities through TLA were 

also explained to the job seekers. 

56 FORWARD

Institute of Higher Learnings (IHLs) 

Polytechnics 

In line with its mission to promote professionalism in the 

logistics industry, the Association continued to support the 

worthy cause of education through its generous sponsorship of 

awards to best achievers at IHLs. 

Ms Belinda Eng Jing Min, 

who graduated from Temasek 

Polytechnic on 9 May 2016 with 

a Diploma with Merit in Logistics 

& Operations Management, was 

the proud recipient of Singapore 

Logistics Association Prize for 

being the best student in the 

subject ‘Bio-Chemical Logistics’. 

Singapore Management University (SMU) 

International Trading Professional Conversion 

Programme (PCP) 

Mr Thomas Sim – SLA 2nd Deputy Chairman was invited 

to speak at the Opening of the International Trading PCP 

on 07 November 2016. The programme was developed by 

the International Trading Institute @ SMU in partnership 

with IE Singapore, Workforce Singapore and International 

Chamber of Commerce Academy. It aimed to equip mid-career 

professionals with skills and knowledge to be industry relevant 

in international trading sector. Representing the Association, 

Mr Sim shared the logistics scene in the ASEAN region. He 

would be teaching the professionals on international trade 

documentation in first quarter of Year 2017. The participants 

would be awarded with the Specialist Diploma in International 

Trading upon successful completion of the programme. 

Another SLA sponsored Diploma Prize was presented to 

Mr Loh June Yong who graduated with a Diploma in Supply 

Chain Management at the Republic Polytechnic’s School of 

Engineering Awards Ceremony held on 10 August 2016. 

SIM University 

The Association participated in the SIM University 

(UniSIM) Open House on 27 February 2016. Representing the 

Association was Mr Ong Hui Si, an Operations Executive with a 

SLA member-company, K C Dat (Singapore) Pte Ltd who shared 

about the logistics industry and its career prospect. He also 

shared the challenges that he encountered in his day-to-day 

operations and how he effectively apply the “Plan-Execute- 

Control-Monitor” management tool at work. Mr Ong is a SLA 

Scholar who won the Bronze Medal of UniSIM Bachelor of 

Science in Logistics & Supply Chain Management in 2015. 

SMU ISE Customer Satisfaction Index of 

Singapore (CSISG) 

TLA participated in the SMU CSISG in Year 2016 and 

received a good report. In general, the Academy performed 

well above as a PEI. The encouraging report affirmed that 

TLA is on the right track in pursuit of its stated mission. TLA 

is committed to work towards continuous improvement in 

striving to provide quality training. 

LM Institute 

The Association signed a Memorandum of Understanding 

with LM Institute on 23 February 2016 on collaboration 

through the provision of training and consultancy. 


57


Ministry of Education 

The Association was invited to a luncheon 

session on 04 November 2016 with Mr Tharman 

Shanmugaratnam - DPM, Mr Ong Ye Kung - 

Minister for Education (Higher Education and 

Skills) and Mr Ng Chee Meng - Minister for 

Education (Schools). 

Mr Thomas Sim – SLA 2nd Deputy Chairman 

who represented the Association gave inputs on 

the future needs in terms of training in the higher 

education landscape. The other participants 

include company representatives from the 

logistics sector that hire graduates from ITE, local 

polytechnics and universities. 

SkillsFuture Singapore (SSG) 

Skills Framework for logistics 

The Association participated in the validation of the Skills Framework for 

logistics spearheaded by SSG, Economic Development Board and SPRING Singapore. 

The purpose of this initiative is to provide a key enabler for the successful 

implementation of manpower plans for the logistics sector workforce including 

deepening of skills, career planning, design and development of training and 

educational pathways. 

The role of the validators’ involved reviewing and giving inputs on key job roles 

within the logistics sector, progression pathway of jobs within the logistics sector 

as well as work functions, tasks, skills and competencies associated with these key 

job roles. Representing the Association were Mr Thomas Sim – SLA 2nd Deputy 

Chairman, Ms Jennifer Tan of Keppel Logistics – Member of SLA Training 

& Development Committee and Mr Daniel Chew – TLA lecturer. 

Individual Learning Portfolio Portal (ILP) 

Responding to an invitation, the Association, represented by Mr Thomas Sim – 

SLA 2nd Deputy Chairman and the Secretariat met SSG and NCS on 09 November 

2016 and provided inputs on the ILP Portal. The ILP aims to provide a one-stop 

online portal to help individuals plan for their education, training and career. The 

portal will serve to empower individuals to make well-informed career decisions and 

take charge of their own careers and lifelong learning. Areas of collaborations would 

include contributions to the content developments as well as participation from 

member-companies on survey on job role and interviews. 

58 FORWARD

MEMBERS 

Ordinary Members (As at 31 December 2016) 

ì Singapore Registry of Accredited Multimodal Transport Operators (As at 31 December 2016) 

20Cube Logistics Pte Ltd 

3R Logistics Pte Ltd 

A & T Freight Management Pte Ltd 

ì a.hartrodt (S) Logistics Pte Ltd 

A21 Logistics Pte Ltd 

Acepac International (S) Pte Ltd 

ì Addicon Logistics Management (S) Pte Ltd 

Advant Logistics Pte Ltd 

AEO Logistics Pte Ltd 

Aerohub Logistics Pte Ltd 

AEX Shipping Pte Ltd 

Agape Logistics Pte Ltd 

AGI Freight Singapore Pte Ltd 

Agility Fairs & Events Logistics Pte Ltd 

ì Agility International Logistics Pte Ltd 

Agility Logistics Solutions Pte Ltd 

Agility Project Logistics Pte Ltd 

AGX Logistics (S) Pte Ltd 

Ahlers Singapore Pte Ltd 

Aik Huat Transport Pte Ltd 

Air Market Logistics (S) Pte. Ltd. 

Airtropolis Express (S) Pte Ltd 

AL-Barrak Singapore Intl Pte Ltd 

Alcon Global SCM Pte Ltd 

Alkadri Express Transportation (S) Pte Ltd 

Alligator Logistics Pte Ltd 

Allport Cargo Services Logistics Pte Limited 

ì ALPS Logistics (S) Pte Ltd 

Altron Shipping Pte Ltd 

Altus Oil & Gas Services Pte Ltd 

AM Global Pte Ltd 

Amos International (S) Pte Ltd 

Anshin Logistics Pte Ltd 

ì Anslem Logistics Pte Ltd 

Ants Logistic Pte Ltd 

APT Showfreight (S) Pte Ltd 

Ascend International Pte Ltd 

Asia Marine Logistics Pte Ltd 

Asia Pacific Wine Hub Pte Ltd 

Asian Dellker Logistics Management Pte Ltd 

ASL Solutions Pte Ltd 

ASM Logistics (S) Pte Ltd 

A-Sonic Cargoplus Pte Ltd 

A-Sonic Logistics Pte Ltd 

ì Astro Express Logistics Pte Ltd 

Astro Pacific Pte Ltd 

ì Atlantic Forwarding Pte Ltd 

Aw Transport & Warehousing Pte Ltd 


B H S Kinetic Pte Ltd 

B.S.K. Stevedoring Pte Ltd 

Batamindo Shipping & Warehousing Pte Ltd 

Baylink Logistics Pte Ltd 

Bayswater Shipping and Forwarding Pte Ltd 

BDP (Asia Pacific) Pte Ltd 

Ben Line Agencies (S) Pte Ltd 

Beni Warehousing Pte Ltd 

Benkel International Pte Ltd 

Big Foot Logistic Pte Ltd 

BLLs Transportation and Trading Pte Ltd 

BLPL Singapore Pte Ltd 

Blue Coral Marine & Logistics Pte Ltd 

Blue Water Shipping Singapore Pte Ltd 

Bok Seng Asia Pte Ltd 

Bok Seng Logistics Pte Ltd 

Bollore Logistics Singapore Pte. Ltd. 

Broekman Logistics (S) Pte Ltd 

BSHK Logistics & Shipping Pte. Ltd. 

C & P Holdings Pte Ltd 

C & S Lines Pte Ltd 

C P World Pte Ltd 

C.H. Robinson Freight Services (Singapore) Pte Ltd 

ì C.H. Robinson Project Logistics Pte. Ltd. 

CA Transportation & Warehousing Pte Ltd 

Cal Ship (Singapore) Pte Ltd 

Capital Logistics Services Pte Ltd 

Cargo-partner Logistics Pte Ltd 

CBG Logistics (S) Pte Ltd 

ì Central Express Lines Pte Ltd 

Central Oceans Singapore Shipping & Trading P L 

Century Machinery Mover Services Pte Ltd 

ì CEVA Logistics Singapore Pte Ltd 

Chasen Logistics Services Limited 

CHC Express Pte Ltd 

Cheetah Freight Express Pte Ltd 

Choon Heng Logistics Pte Ltd 

CJ korea express Asia Pte Ltd 

CLL Shipping (S) Pte Ltd 

Cogent Automotive Logistics Pte Ltd 

Cohesive Shipping Pte Ltd 

Collins Movers Pte Ltd 

Collyer Logistics (S) Pte Ltd 

Compass Rose Freight Systems Pte Ltd 

Contrans International Logistics Pte Ltd 

Cortina Logistics Pte Ltd 

Cory Brothers Shipping Agencies (S) Pte. Ltd. 

Country-Roll Containers (Pte) Ltd 

Crane Worldwide Logistics (S) Pte Ltd 

ì Crystal Freight Services Pte Ltd 

CSE Total Logistics (S) Pte Ltd 

CTI Logistics Pte Ltd 

CWT Globelink Pte Ltd 

CWT Integrated Pte Ltd 

CWT Limited 

CWT Logistics Pte Ltd 

Dan Airfreight Pte Ltd 

DAP Asia Pacific (S) Pte Ltd 

Dawn Shipping & Transport Company (Pte) Ltd 

ì Deugro (Singapore) Pte Ltd 

Dextrans Worldwide Pte Ltd 

DHL Global Forwarding (Singapore) Pte Ltd 

DHL Supply Chain Singapore Pte Ltd 

Diamond International Consolidators (S) Pte Ltd 

Dimerco Express Singapore Pte Ltd 

DK Ship Chartering (S) Pte Ltd 

DNKH Logistics Pte Ltd 

Drive Logistics Pte Ltd 

DST Lines Pte Ltd 

ì DSV Air & Sea Pte Ltd 

Duta Freight International Pte Ltd 

E&C Marine Pte Ltd 

Eastrans Lines (S) Pte Ltd 

EBS Logistics Pte Ltd 

ì EES Freight Services Pte Ltd 

EGDC Singapore Pte Ltd 

Elan Logistics Pte Ltd 

Elite International Logistics Singapore Pte Ltd 

Embassy Freight Services Pte Ltd 

Energy Logistics Pte Ltd 

Eng Choon Express Service Pte Ltd 

Eng Lee Logistics Pte Ltd 


Euro Pac Logistics Pte Ltd 

Ever Glory Logistics Pte Ltd 

Evermarch Logistics (S) Pte Ltd 

Everprime Shipping Pte Ltd 

Evo Lines (S) Pte Ltd 

ì F. H. Bertling Pte Ltd 

F.S. Freight Systems Pte Ltd 

ì Fairmacs Multiline Singapore Pte Ltd 

Farwide Shipping Agencies (2013) Pte Ltd 

Feiliks Logistics Pte Ltd 

Finservice (Singapore) Pte Ltd 

ì FLS (Singapore) Pte Ltd 

ì FPS Global Logistics Pte Ltd 

FR. Meyers Sohn (Far East) Pte Ltd 

ì Freight Links Express Pte Ltd 

Freight Links Logistics Pte Ltd 

Freight Systems Logistics Pte Ltd 

FT Logistics (Asia) Pte.Ltd. 

ì Fujitrans (Asia) Pte Ltd 

GAC (Singapore) Pte Ltd 

Galaxy Logistics Pte Ltd 

Gateway Freight & Trade Pte Ltd 

GE Lines Pte Ltd 

ì Geodis Wilson Singapore Pte Ltd 

Geometra Worldwide Movers Pte Ltd 

Germaxco Shipping Agencies Pte Ltd 

GGL (Singapore) Pte Ltd 

Gilmon Transportation & Warehousing Pte Ltd 

GKE Express Logistics Pte Ltd 

GKE Freight Pte Ltd 


59

MEMBERS 

GKE Warehousing & Logistics Pte Ltd 

GL Strategic Private Limited 

GLE Logistics (S) Pte Ltd 

Global Airfreight International Pte Ltd 

Global Alliance Logistics Pte. Ltd. 

Global Consolidators Pte Ltd 

ì Global Container Freight Pte Ltd 

Global Projects Services Pte Ltd 

GLTC Logistics Pte Ltd 

Goldin Shipping Pte Ltd 

Goldstream Containers (Pte) Ltd 


ì Goodway Agencies (Shipping) Pte Ltd 

Gowell Logistics Svs Pte Ltd 

ì Griffin Kinetic Pte Ltd 

Grocery Logistics of Singapore Pte Ltd 

Halcon Primo Logistics Pte Ltd 

Handling System Co. Pte Ltd 

Hankyu Hanshin Express (Singapore) Pte Ltd 

Harborair Logistics Pte Ltd 

ì Harbour Handlers Pte Ltd 

Hawk Forwarders Pte Ltd 

Hazel Wrights Logistics Pte Ltd 

Heah Long Seng Transport & Trading Pte Ltd 

Hean Nerng Logistics Pte Ltd 

Heng Lim Transport Pte Ltd 

Henry Bath Singapore Pte Ltd 

Hitachi Transport System (Asia) Pte Ltd 

Hock Seng Heng Tpt & Trading Pte Ltd 

Hong Fa Logistics & Engineering Pte Ltd 

Hong Fong Logistic Pte Ltd 

Hoy San Stevedoring Pte Ltd 

Hoy San Transport Pte Ltd 

HS International Pte Ltd 

Huationg (Asia) Pte Ltd 

Huationg Inland Transport Service Pte Ltd 

Hub Distributors Services Pte Ltd 

Hub Logistics Pte Ltd 

Hup Soon Cheong Services Pte Ltd 

Hup Tat Transport Pte Ltd 

I M Logistics Solution Pte Ltd 

I. Tradelogistics Pte Ltd 

i.Logistics Pte Ltd 

ICS Cargo Services Pte Ltd 

iG Logistics Pte Ltd 

ì iHub Freight Solutions Pte Ltd 

iHub Solutions Pte Ltd 

Indon Shipping Pte Ltd 

InfinOps Pte Ltd 

Intas Pte Ltd 

Integra 2002 Pte Ltd 

Interfreight Linc Logistics Pte Ltd 

International Freight Consultants (S) Pte Ltd 

Interroll (Asia) Pte Ltd 

Ipsen Logistics (S) Pte Ltd 

ISC Far East Pte Ltd 

ì Island Line Pte Ltd 

Ivy Warehousing & Transportation Pte Ltd 

Jacobson Global Logistics (S) Pte Ltd 

JAS Forwarding (S) Pte Ltd 

JCL Transport and Logistics Singapore Pte. Ltd. 

JEAMS Transportation & Trading Pte. Ltd. 

Jet Air (S) Pte Ltd 

ì Jetsea Logistics (S) Pte Ltd 

JF Hillebrand Singapore Pte Ltd 

JNC Line (S) Pte Ltd 

JOS Logistics Pte Ltd 

JSAS (Singapore) Pte Ltd 

JSL-Jet Speed Logistics (S) Pte Ltd 

Jupiter Singapore Pte Ltd 

Jurong Cold Store Pte Ltd 


K C Dat (Singapore) Pte Ltd 

K Line Logistics (S) Pte Ltd 

Kang Logistics Pte Ltd 

Kardin Logistics Pte Ltd 

Kase Lines (S) Pte Ltd 

Kase Logistics (S) Pte Ltd 

Katoen Natie Singapore (Jurong) Pte Ltd 

Kawanishi Logistics (S) Pte Ltd 

Keihin Multi-Trans (S) Pte Ltd 

Kenzone Singapore Pte Ltd 

Keppel Container Line Pte Ltd 

ì Keppel Logistics Pte Ltd 

Kerry Logistics Centre (Tampines) Pte Ltd 

Kim Ee Logistics (Pte) Ltd 

Kim Heng Marine & Oilfield Pte Ltd 

Kim Soon Lee Logistics (S) Pte Ltd 

Kim Soon Lee Pte Ltd 

KWE-Kintetsu World Express (S) Pte Ltd 

Kyuko Corporation Pte Ltd 

Leeway Trans-Act Pte Ltd 

Leo Shipping Agencies Pte LTd 

ì Leschaco Pte Ltd 

LF Logistics Services Pte Ltd 

Lie Yong Logistics & Engineering Pte Ltd 

Likok Logistics Pte Ltd 

Lim Siang Huat Pte Ltd 

ì Liner Shipping Pte Ltd 


Liten Logistics Services Pte Ltd 

Loaded Services Pte Ltd 

Logtrans (Far East) Pte Ltd 

ì Logwin Air + Ocean Singapore Pte Ltd 

Lo-Net Handling Pte Ltd 

LQ Logistics Pte Ltd 

Lucky Transport & Logistics Pte Ltd 

LV Shipping Singapore Pte Ltd 

LZOC Marine & Logistics Pte Ltd 

M & P International Freights Pte Ltd 

M + R Forwarding Pte Ltd 

Mac-Nels Line (S) Pte Ltd 

Macoline (S) Pte Ltd 

Makeway Pte Ltd 

Mandai Link Logistics Pte Ltd 

Mandate Logistics Pte Ltd 

Mansulita Logistics Pte Ltd 

Maple Freight Express (S) Pte Ltd 

Marine & Offshore Integrated Logistics (S) Pte Ltd 

Marine Port Services Pte Ltd 

Markono Logistics Pte Ltd 

Masindo Logistic Pte Ltd 

Mayor Express Freight Services Pte Ltd 

MCL Logistics Asia Pte Ltd 

Megastar Shipping Pte Ltd 

Megaton Shipping Pte Ltd 


Merlion Holdings Pte Ltd 

MES Logistics Pte Ltd 

Meteorite Logistics Services Pte. Ltd. 


Michelle Art Transport Pte Ltd 

Midwest Air International Pte Ltd 

Midwest Freight and Transportation Pte Ltd 

Ming Hoe Shipping & Transportation Agency Pte Ltd 

Mini Environment Service Pte Ltd 

Mitsubishi Logistics Singapore Pte Ltd 

Mitsui-Soko (Singapore) Pte Ltd 

ì MOL Logistics (Singapore) Pte Ltd 

Morrison Express Logistics Pte Ltd 

Movon Solutions Pte Ltd 

MSN Shipping Agencies Pte Ltd 

Naigai Nitto Singapore Pte Ltd 

Necotrans Singapore Pte Ltd 

NEK Logistics Pte Ltd 

Neo Shipping Agencies Pte Ltd 

Nexxcojaya (Singapore) Pte Ltd 

Ng Logistics & Packing Pte Ltd 

Nippon Express (Singapore) Pte Ltd 

Nissin Transport (S) Pte Ltd 

ì NNR Global Logistics (S) Pte Ltd 

Nova Shipping & Logistics Pte Ltd 

NRS Logistics Pte Ltd 

NTL Naigai Trans Line (S) Pte Ltd 

Nu-Alliance Pte Ltd 

OECL (Singapore) Pte. Ltd. 

Ohio Express International Pte Ltd 

OHL (S) Pte Ltd 

OIA Global Logistics (Singapore) Pte Ltd 

On Time Worldwide Logistics Pte Ltd 

One World Logistics Pte Ltd 

OTC Asia Logistics Pte Ltd 

OV Logistics Pte Ltd 

Overseas Courier Service (Singapore) Pte Limited 

P.I.L. Consortium Pte Ltd 

Pacific GSSA Private Limited 

Pacific Integrated Logistics Pte Ltd 

PAL Line Pte Ltd 

Pan Asia Logistics Singapore Pte Ltd 

ì Pan Ocean Transport Pte Ltd 

Paragon Cargo Pte Ltd 

PATA Shipping (S) Pte Ltd 

Peck Tiong Choon Transport Pte Ltd 

Penanshin (PSA KD) Pte. Ltd 

Penanshin Shipping Pte Ltd 

Pentagon Freight Services (S) Pte Ltd 

ì Pinnacle World Transport Pte Ltd 

60 FORWARD

Pioneer Districentre Pte Ltd 

PN Shipping Pte Ltd 

Po San Transport Pte Ltd 

Po San Transportation Pte Ltd 

Poh Tiong Choon Logistics Ltd 

Poh Tiong Choon Shipping (Pte) Ltd 

Premiere Logistics (S) Pte Ltd 

Premium Logistics Pte Ltd 

PTC Delivery2Home Pte Ltd 

Quickflo Logistics Pte Ltd 

Quijul Logistics Pte Ltd 


RAK Logistics Holdings Pte Ltd 

Raks International Pte Ltd 

Regent Express Pte Ltd 

Rejoice Container Services (Pte) Ltd 

Reliance Products Pte Ltd 

Renus Logistics Pte Ltd 

Reudan Shipping & Logistics Services Pte Ltd 

Rhenus Logistics Pte Ltd 

RichLand Logistics Services Pte Ltd 

Rong De Distribution Pte Ltd 

Royal Cargo Combined Logistics (S.E.A.) Pte Ltd 

Ryder-Ascent Logistics Pte Ltd 

S&P Cold Storage Pte Ltd 

S.E.T Logistics Pte Ltd 

Sab Logistics Pte Ltd 

SAC Freight Pte Ltd 

Sagawa Express Singapore Pte Ltd 

Sankyo Global Logistics (Singapore) Pte Ltd 

Sankyu (Singapore) Pte Ltd 

Sathya Shipping and Logistics Pte Ltd 

Savino Del Bene (S) Pte Ltd 

SBS Logistics Holdings Singapore Pte Ltd 

SBS Transpole Logistics Pte Ltd 

Scan-Shipping Pte Ltd 

Scanwell Logistics (Singapore) Pte Ltd 

Schenker Singapore (Pte) Ltd 

SCX Cargo Pte Ltd 

SDL Logistics Pte Ltd 


Seafirst Marine Services Pte. Ltd. 

Seagull Marine Services (Pte) Ltd 

ì Sea-Hawk Freight Pte Ltd 

Sealand Shipping Pte Ltd 

Sea-Shore Transportation Pte Ltd 

Seazone Freight Pte Ltd 

Senator International Singapore Pte Ltd 

Senkee Logistics Pte Ltd 

SENKO International Logistics Pte Ltd 

Sensational Express & Trading Pte Ltd 

SFS Global Logistics Pte Ltd 

SG Sagawa Ameroid Pte Ltd 

SG Support Service Pte Ltd 


Shalom Movers Pte Ltd 

Shenship (Singapore) Pte Ltd 

Shinyuu Cold Chain Solutions Pte Ltd 

Shipco Transport Pte Ltd 

Shipping World Logistics Pte Ltd 

Sigma Container Line Pte Ltd 

SILKargo Logistics (Singapore) Pte Ltd 

SIM Solutions Pte. Ltd. 

Simply Freight Services Pte Ltd 

Sin Chew Woodpaq Pte Ltd 

Sin Hiap Hoe Transport Pte Ltd 

Sin-Freight International Pte Ltd 

Singapore Post Limited 

Singapore Wine Vault Pte Ltd 

SKK Freight Services Pte Ltd 

Sky Ocean Logistics (S) Pte Ltd 

Skylift Consolidator (Pte) Ltd 

Skylift Districentre (Pte) Ltd 

Skywin Logistics Pte Ltd 

Slade Shipping Far East Pte Ltd 

SNL Logistics Pte Ltd 

Soon Hoe Logistics Pte Ltd 

Soonest Express (S) Pte Ltd 

Space Distribution Logistics Pte Ltd 

Speedmark Consolidation Service Pte Ltd 

Speedway Cargo Services Pte Ltd 

Spiral Marine Pte Ltd 

Spiral Transportation & Services Pte Ltd 

St John Freight Systems Pte Ltd 

St John Lines Pte Ltd 

ì ST Logistics Pte Ltd 

ST Synthesis Pte Ltd 

St. John Logistics Singapore Pte Ltd 

Star Concord Pte Ltd 

Starline Logistics Pte Ltd 

Steadfast Services Pte Ltd 

Storbest-SSHK Cold Logistics Pte. Ltd. 

Store + Deliver + Logistics Pte Ltd 

Sydha Logistix Communications Pte Ltd 

T B C Transportation & Trading Pte Ltd 

TA Asia Logistics Pte Ltd 

Tandem Global Logistics Singapore Pte Ltd 

ì Tanny Services Pte Ltd 

TCB (S.G.) Pte Ltd 

Teckwah Logistics Pte Ltd 


Terasa-Star International Shipping Pte Ltd 

TGH Logistics Pte Ltd 

Thistle Global Logistics Pte Ltd 

THT Logistics Pte Ltd 

TIC Traffic International Consortium (S) Pte. Ltd. 

TIM Logistics (S) Pte Ltd 

Tiong Woon Crane Pte Ltd 

Tiong Woon Logistics Pte Ltd 

TLT Transportation Pte Ltd 

TNL Express Pte Ltd 

Toll Integrated Feeder Pte Ltd 

ì Toll Logistics (Asia) Limited 

Toll Offshore Petroleum Services Pte Ltd 

Toyo Logistics (S) Pte Ltd 

Toyofuji Shipping Singapore Pte Ltd 

Trans Concorde Services Pte Ltd 

Trans Global (S) Pte Ltd 

Trans-Intl Shipping & Forwarding (S) Pte Ltd 

ì Transit Air Cargo Singapore Pte Ltd 

Transliner Asia Pacific Pte Ltd 

TransLiner Pte Ltd 

Transpeed Cargo (S) Pte Ltd 

Transworld GLS (Singapore) Pte Ltd 

ì Transworld International Pte Ltd 

Trident Contract Resources (Pte) Ltd 

Trillion Logistics Pte Ltd 

Tri-Net Logistics (Asia) Pte Ltd 

Trinity Cargo Link Pte Ltd 

Triways Logistics (Singapore) Pte Ltd 

Tropolis Logistics (S) Pte Ltd 

Trust Logistics Pte Ltd 

Tuas Transport & Logistics Pte Ltd 

UBTS Pte Ltd 

UBTS Technologies Pte Ltd 

U-Freight Singapore Pte Ltd 

Union Services (S'pore) Pte Ltd 

Uniworld Logistics Pte Ltd 

UNL Shipping & Logistics Pte Ltd 

Valukargo Groupage Services Pte Ltd 

Vanguard Logistics Services (Singapore) Pte Ltd 

VCK-Vanuatu Air (S) Pte Ltd 

Vega Orient Line Pte Ltd 

VT Logistics Services Pte Ltd 

Wallenius Wilhelmsen Logistics Singapore Pte Ltd 

Warehouse Logistics Net Asia Pte Ltd 

Warehousing & Distribution Pte Ltd 

ì Weiss-Rohlig Singapore Pte Ltd 

West-Street Carrier Pte Ltd 

WHS Global Logistics Pte Ltd 

WHS Global Transportation Pte Ltd 

Winstar Logistic Pte Ltd 

Winstar Shipping Pte Ltd 

WK Forwarders Pte Ltd 

WM Logistics (Worldwide) Pte. Ltd. 

ì Worldgate Express Lines Pte Ltd 

Worldgreen Shipping Pte Ltd 

ì Worldscope Shipping Pte Ltd 

Worldway Express Pte Ltd 

Worldwide Shipping & Logistics (S) Pte. Ltd. 

WWW Cargo Pte Ltd 

WYN2000 Logistics Pte Ltd 

WYN2000 Transport & Container Services Pte Ltd 

XPO Logistics Worldwide Asia Pacific Pte. Ltd. 

Yamato Tidiki Express Pte Ltd 

Yamato Transport (S) Pte Ltd 

Yang Kee Logistics (Singapore) Pte Ltd 

Yang Kee Logistics Pte Ltd 

YCH Global Logistics Pte Ltd 

YFE-Clark Express Pte Ltd 

YS Logistics (S) Pte Ltd 

ì Yusen Logistics (Singapore) Pte Ltd 

Zim Logistics S.E.A Pte Ltd 


61

MEMBERS 

Qualifying Members (As at 31 December 2016) 

Apex Logistics International (S) Pte. Ltd. 

CargoSavvy Pte. Ltd. 

Conveyor Logistics (S) Pte Ltd 

GLE Integrated Pte Ltd 

Hong Li Logistics Pte Ltd 

JAG Logistics Pte Ltd 

Lai Huat Seng Logistics Pte. Ltd. 

New Asia Logistic Services Pte. Ltd. 

Octolog Pte Ltd 

Peck Tiong Choon Logistics Pte. Ltd. 

Pollisum Logistics Pte. Ltd. 

RSL Shipping Pte Ltd 

Rulewave Logistics Singapore Pte Ltd 

SBS Logistics Singapore Pte Ltd 

Shui Xing International Pte Ltd 

Starlog Worldwide Logistics Pte Ltd 

Associate Members (As at 31 December 2016) 

AAK-Logistic Services 

A-Plus Automation (S) Pte. Ltd. 

Brian Mae Pte Ltd 

Coolasia Technology Pte Ltd 

CRiSTAL Solutions Pte Ltd 

GeTS Asia Pte. Ltd. 

Goldbell Engineering Pte Ltd 

Hellmann Worldwide Logistics LLP 

Hi-Tech Freight Solutions (Spore) Pte Ltd 

Honan Insurance Group (Asia) Pte Ltd 

I.M. Freight International 

Institute of Technical Education 

Kewill Pte Ltd 

Linde Material Handling Asia Pacific Pte Ltd 

Nanyang Polytechnic - School of Business 

Management 

Ngee Ann Polytechnic 

Republic Polytechnic 

SGS Testing & Control Services Singapore Pte Ltd 

Sing Mah Wooden Cases Manufacturer Pte Ltd 

Singapore Oxygen Air Liquide Private Limited 

Singapore Polytechnic 

Singapore Telecommunications Limited 

Tee Hai Chem Pte Ltd 

Temasek Polytechnic 

Tradenet Services Pte Ltd 

Transcontainer Limited Singapore Branch 

TT Club Mutual Insurance Limited 

Vcargo Cloud Pte Ltd 

Volvo East Asia ( Pte) Ltd 

Watkins Syndicate Singapore Pte Ltd 

Wisetech Global (SG) Pte Ltd 

Zebra Technologies Asia Pacific Pte Ltd 

62 FORWARD

Singapore logistics 


Singapore Logistics Association 

2 Bukit Merah Central #04-02 

Singapore 159835 

MCI (P) 051/10/2016

Singapore Logistics Association | Annual Report 2016 

INDEX 

PAGE 

STATEMENT BY COUNCIL 2 

INDEPENDENT AUDITOR’S REPORT TO THE MEMBERS 3 

STATEMENTS OF FINANCIAL POSITION 6 

STATEMENTS OF COMPREHENSIVE INCOME 7 

STATEMENTS OF CHANGES IN GENERAL FUND AND 

ACCUMULATED LOSSES 

9 

CONSOLIDATED STATEMENT OF CASH FLOWS 10 

NOTES TO THE FINANCIAL STATEMENTS 11 

1

SINGAPORE LOGISTICS ASSOCIATION AND ITS SUBSIDIARY 

STATEMENT BY COUNCIL 

We, Stanley Lim and Gina Toh, being the Chairman and Deputy Honorary Treasurer respectively of the Council of Singapore Logistics 

Association (“Association”), do hereby state that in the opinion of the Council, the financial statements of the Association and the Group, 

which comprise the statements of financial position of the Group and the Association as at 31 December 2016, and the statements of 

comprehensive income, the statements of changes in general fund and accumulated losses of the Group and Association, the consolidated 

statement of cash flows of the Group for the year then ended, and notes to the financial statements, including a summary of significant 

accounting policies set out on pages 6 to 32 are properly drawn up in accordance with the provisions of the Societies Act and Financial 

Reporting Standards in Singapore (FRSs) so as to give a true and fair view of the consolidated financial position of the Group and the 

financial position of the Association as at 31 December 2016 and of the financial performances, changes in general fund and accumulated 

losses of the Group and Association and consolidated cash flows of the Group for the year ended on that date. 

On behalf of the Council, 

Stanley Lim PBM 

Chairman 

Gina Toh 

Deputy Honorary Treasurer 

Singapore 

Date: 13 April 2017 

2


INDEPENDENT AUDITOR’S REPORT TO THE MEMBERS OF 

SINGAPORE LOGISTICS ASSOCIATION AND ITS SUBSIDIARY 

Report on the Audit of the Financial Statements 

Opinion 

We have audited the financial statements of Singapore Logistics Association (the “Association”) and its subsidiary (the “Group”), which 

comprise the statements of financial position of the Group and the Association as at 31 December 2016, and the statements of comprehensive 

income, the statements of changes in general fund and accumulated losses of the Group and Association, the consolidated statement of cash 

flows of the Group for the year then ended, and notes to the financial statements, including a summary of significant accounting policies set 

out on pages 6 to 32. 

In our opinion, the accompanying financial statements are properly drawn up in accordance with the provisions of the Societies Act and 

Financial Reporting Standards in Singapore (FRSs) so as to give a true and fair view of the consolidated financial position of the Group and 

the financial position of the Association as at 31 December 2016 and of the financial performances, changes in general fund and accumulated 

losses of the Group and Association and consolidated cash flows of the Group for the year ended on that date. 

Basis for Opinion 

We conducted our audit in accordance with Singapore Standards on Auditing (“SSAs”). Our responsibilities under those standards are 

further described in the Auditor’s Responsibilities for the Audit of the Financial Statements section of our report. We are independent of 

the Association in accordance with the Accounting and Corporate Regulatory Authority (“ACRA”) Code of Professional Conduct and Ethics 

for Public Accountants and Accounting Entities (“ACRA Code”) together with the ethical requirements that are relevant to our audit of the 

financial statements in Singapore, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the 

ACRA Code. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. 

Other Information 

Management is responsible for the other information. The other information comprises the Council Statement set out on page 2. 

Our opinion on the financial statements does not cover the other information and we do not express any form of assurance conclusion 

thereon. 

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether 

the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit, or otherwise appears to 

be materially misstated. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, 

we are required to report that fact. We have nothing to report in this regard. 

Responsibilities of Management and Council for the Financial Statements 

The Association’s management is responsible for the preparation and fair presentation of these financial statements in accordance with the 

provisions of the Societies Act and Singapore Financial Reporting Standards and for such internal control as management determines is 

necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. This 

responsibility includes: devising and maintaining a system of internal accounting controls sufficient to provide a reasonable assurance 

that assets are safeguarded against loss from unauthorised use or disposition; and transactions are properly authorised and that they are 

recorded as necessary to permit the preparation of true and fair financial statements and to maintain accountability of assets. 

3


SINGAPORE LOGISTICS ASSOCIATION AND ITS SUBSIDIARY (CONTINUED) 

Report on the Audit of the Financial Statements (Continued) 

Responsibilities of Management and Council for the Financial Statements (Continued) 

In preparing the financial statements, management is responsible for assessing the Association’s ability to continue as a going concern, 

disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless management either 

intends to liquidate the Association or to cease operations, or has no realistic alternative but to do so. 

The Council’s responsibilities include overseeing the Association’s financial reporting process. 

Auditor’s Responsibilities for the Audit of the Financial Statements 

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, 

whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level assurance, but 

is not a guarantee that an audit conducted in accordance with SSAs will always detect a material misstatement when it exists. Misstatements 

can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence 

the economic decisions of users taken on the basis of these financial statements. 

As part of an audit in accordance with SSAs, we exercise professional judgement and maintain professional skepticism throughout the audit. 

We also: 

• Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform 

audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our 

opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud 

may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. 

• Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the 

circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Association’s internal control. 

• Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures 

made by management. 

• Conclude on the appropriateness of management’s use of the going concern basis of accounting and, based on the audit evidence 

obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the Association’s 

ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our 

auditor’s report to the related disclosures in the financial statements or, if such disclosures are inadequate, to modify our opinion. 

Our conclusions are based on the audit evidence obtained up to the date of our auditor’s report. However, future events or conditions 

may cause the Company to cease to continue as a going concern. 

• Evaluate the overall presentation, structure and content of the financial statements, including the disclosures, and whether the 

financial statements represent the underlying transactions and events in a manner that achieves fair presentation. 

We communicate with the Council regarding, among other matters, the planned scope and timing of the audit and significant audit findings, 

including any significant deficiencies in internal control that we identify during our audit. 

4



SINGAPORE LOGISTICS ASSOCIATION AND ITS SUBSIDIARY (CONTINUED) 

Report on the Audit of the Financial Statements (Continued) 

Report on Other Legal and Regulatory Requirements 

In our opinion, the accounting and other records of the Association, required by the Societies Act and the accounts and other records of the 

subsidiary required by the Singapore Companies Act, Cap. 50 have been properly kept in accordance with provisions of the Societies Act 

and Singapore Companies Act, Cap. 50 respectively. 

_______________________________ 

PKF-CAP LLP 

Public Accountants and 

Chartered Accountants 

Singapore 

Date: 13 April 2017 

5

STATEMENTS OF FINANCIAL POSITION 

AS AT 31 DECEMBER 2016 

Association 

Group 

Note 2016 2015 2016 2015 

S$ S$ S$ S$ 

NON-CURRENT ASSETS 

Plant and equipment 4 20,266 1,059 20,266 1,059 

Investment property 5 337,621 351,124 337,621 351,124 

Investment in a subsidiary 6 100,000 100,000 - - 

457,887 452,183 357,887 352,183 

CURRENT ASSETS 

Trade receivables 7 - - 53,173 47,866 

Other receivables 8 319,799 346,708 282,800 353,991 

Cash and cash equivalents 9 1,644,219 1,578,511 1,696,009 1,583,490 

1,964,018 1,925,219 2,031,982 1,985,347 

TOTAL ASSETS 2,421,905 2,377,402 2,389,869 2,337,530 

GENERAL FUND 2,044,379 2,001,003 2,044,379 2,001,003 

ACCUMULATED LOSSES - - (128,423) (130,073) 

2,044,379 2,001,003 1,915,956 1,870,930 

NON-CURRENT LIABILITY 

Deferred tax liability 1,800 1,800 1,800 1,800 

CURRENT LIABILITIES 

Subscription fees received in advance 126,060 180,300 126,060 180,300 

Deferred course fee income 10 - - 55,583 63,141 

Other payables and accruals 11 232,013 194,299 272,817 221,359 

Provision for reinstatement cost 17,653 - 17,653 - 

375,726 374,599 472,113 464,800 

TOTAL FUND, ACCUMULATED 

LOSSES AND LIABILITIES 2,421,905 2,377,402 2,389,869 2,337,530 

The accompanying notes are an integral part of the financial statements. 

6


STATEMENTS OF COMPREHENSIVE INCOME 

FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2016 

Association 

Group 

Note 2016 2015 2016 2015 

S$ S$ S$ S$ 

INCOME 

Entrance fees 23,500 24,000 23,500 24,000 

Government grants 3 56,684 119,756 56,684 119,756 

Interest income 12,168 4,093 12,168 4,093 

Management fee 263,337 265,499 - - 

Miscellaneous receipts 46,174 41,128 46,174 41,743 

MTO Registry - 5,520 - 5,520 

Rental income 56,238 56,238 56,238 56,238 

FIATA documents 2,500 3,750 2,500 3,750 

SLA books 8,063 5,481 8,063 5,481 

Subscription fees 572,187 550,042 572,187 550,042 

Training courses - - 615,809 647,615 

1,040,851 1,075,507 1,393,323 1,458,238 

Less: 

EXPENDITURE 

Accountancy fee 25,973 25,973 47,873 48,498 

Advertisement - 390 13,800 15,025 

Allowance for impairment loss on trade 

receivables made/(reversed) - 19,571 (2,450) 

Annual General Meeting/Meetings 14,474 11,329 14,474 11,375 

Audit fee 5,480 4,950 9,155 9,450 

Bad debts written off - - 11,474 

Bank charges 444 764 661 928 

Bonus/Incentives 88,214 39,900 88,214 39,900 

CPF contributions 71,525 64,724 71,525 64,724 

Depreciation of plant and equipment 4 21,616 16,036 21,616 16,036 

Depreciation of investment property 5 13,503 13,505 13,503 13,505 

General expenses 32,257 14,325 36,243 16,314 

Insurance 9,786 11,747 9,786 11,747 

International organisations meetings 30,588 18,480 30,588 18,480 

International organisation membership fee 8,224 8,441 8,224 8,441 

ISO Consultancy/certification/audit 1,700 1,700 1,700 1,700 

LEAD project expenses 40,950 81,024 40,950 81,024 

Medical fees 1,823 1,502 2,773 2,255 

Membership promotion 4,500 3,140 4,500 3,140 

Newspapers & periodicals 514 448 514 448 

Postage & stamps 15,276 19,579 15,332 19,761 

Printing & stationery 20,425 20,515 21,748 28,230 

Printing of FIATA documents 620 930 620 930 

Professional fee 36,452 34,511 37,972 36,191 

444,344 393,913 522,816 445,652 


7

STATEMENTS OF COMPREHENSIVE INCOME (CONTINUED) 


Association 

Group 

Note 2016 2015 2016 2015 

S$ S$ S$ S$ 

EXPENDITURE 

Property tax 5,620 4,477 5,620 4,477 

PUB charges 5,734 6,295 5,734 6,295 

Publicity activities/materials 34,193 21,350 34,193 21,350 

Office rental 63,259 63,259 63,259 63,259 

Repair & maintenance 24,574 29,535 30,688 49,245 

Salaries 402,405 427,248 402,405 427,248 

SLA book - 4,481 - 4,481 

Staff training 1,300 - 2,388 740 

Telecom charges 11,882 12,714 11,882 12,714 

Training courses - 2,808 264,978 317,446 

Transport charges 3,581 3,332 3,751 3,863 

Uniform 583 1,779 583 1,779 

997,475 971,191 1,348,297 1,358,549 

Surplus of income over expenditure 

before tax 43,376 104,316 45,026 99,689 

Income tax expense 12 - - - - 

Surplus for the financial year after tax 

representing total comprehensive 

income for the year 43,376 104,316 45,026 99,689 


8


STATEMENTS OF CHANGES IN GENERAL FUND 

AND ACCUMULATED LOSSES 


The Association 

General Fund Accumulated Losses Total 

S$ S$ S$ 

Balance as at 1 January 2015 1,896,687 - 1,896,687 

Total comprehensive income for the year 104,316 - 104,316 

Balance as at 31 December 2015 2,001,003 - 2,001,003 

Total comprehensive income for the year 43,376 - 43,376 

Balance as at 31 December 2016 2,044,379 - 2,044,379 

The Group 

Balance as at 1 January 2015 1,896,687 (125,446) 1,771,241 

Total comprehensive income/(loss) for the year 104,316 (4,627) 99,689 

Balance as at 31 December 2015 2,001,003 (130,073) 1,870,930 

Total comprehensive income for the year 43,376 1,650 45,026 

Balance as at 31 December 2016 2,044,379 (128,423) 1,915,956 


9

CONSOLIDATED STATEMENTS OF CASH FLOWS 


Group 

2016 2015 

S$ S$ 

Cash flows from operating activities 

Surplus of income over expenditure before tax 45,026 99,689 

Adjustments for: 

Allowance for impairment loss on trade receivables made/(reversed) 19,571 (2,450) 

Bad debts written off 11,474 - 

Depreciation of plant and equipment 21,616 16,036 

Depreciation of investment property 13,503 13,505 

Interest income (12,168) (4,093) 

Operating surplus before working capital changes 99,022 122,687 

Changes in working capital: 

Trade and other receivables 34,839 197,381 

Other payables and accruals 43,900 (168,978) 

Subscription fee received in advance (54,240) 130,200 

Cash generated from operations 123,521 281,290 

Interest received 12,168 4,093 

Net cash generated from operating activities 135,689 285,383 

Cash flow from investing activity 

Purchase of plant and equipment (23,170) (16,661) 

Net cash used in investing activity (23,170) (16,661) 

Net increase in cash and cash equivalents 112,519 268,722 

Cash and cash equivalents at beginning of year 1,583,490 1,314,768 

Cash and cash equivalents at end of year (Note 9) 1,696,009 1,583,490 


10


NOTES TO THE FINANCIAL STATEMENTS 


1. GENERAL 

The general purpose of the Association is to promote, protect and develop a sound logistics industry generally; to develop, promote 

and enhance Singapore as a regional and international logistics centre; and to represent, protect and promote the interests of the 

members. 

There has been no significant change in this general purpose during the financial year. 

The principal activities of the subsidiary are disclosed in Note 6. 

The financial statements for the financial year ended 31 December 2016 were authorised for issue by the Council of Singapore 

Logistics Association on 13 April 2017. 

2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES 

2.1 Basis of preparation 

The financial statements of the Group and the statement of financial position, statement of comprehensive income and statement of 

changes in general fund of the Association have been prepared in accordance with Singapore Financial Reporting Standards (FRS). 

The financial statements have been prepared on the historical cost basis except as otherwise disclosed in the accounting policies 

below. 

The financial statements are presented in Singapore dollars (“S$”), which is the Association’s functional currency. Each entity in the 

Group determines its own functional currency and items included in the financial statements of each entity are measured using that 

functional currency. 

(i) 

Adoption of new FRS and INT FRS 

The Group has adopted all the new and revised standards and Interpretations to FRS (“INT FRS”) that are relevant to its 

operations for the period beginning or after 1 January 2016. The adoption of these standards and interpretations did not 

have any material impact on the financial performance or position of the Group. 

(ii) 

FRS and amendments to FRS issued but not yet effective 

The Group has not adopted the following FRS and amendments to FRS that are relevant to the Group that have been 

issued but are not yet effective: 

Effective for annual 

periods beginning on or after 

FRS 115 Revenue from Contracts with Customers 1 January 2018 

FRS 109 Financial Instruments 1 January 2018 

Amendments to FRS 115 

Clarifications to FRS 115 Revenue from Contracts with 

Customers 1 January 2018 

FRS 116 Leases 1 January 2019 

11



2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued) 

2.1 Basis of preparation (Continued) 

(ii) 

FRS and amendments to FRS issued but not yet effective (Continued) 

The management anticipate that the adoption of the above FRS and amendments to FRS in future period will not have a 

material impact on the financial position or financial performance of the Group in the period of their initial adoption, except 

as disclosed as follows: 

FRS 115 Revenue from Contracts with Customers 

FRS 115 replaces FRS 18 ‘Revenue’, FRS 11 ‘Construction Contracts” and other revenue related interpretations. It applies 

to all contracts with customers, except for leases, financial instruments and insurance contracts. FRS 115 provides a single, 

principle-based model to be applied to all contracts with customers. It provides guidance on whether revenue should be 

recognised at a point in time or over time, replacing the previous distinction between goods and services. The standard 

introduces new guidance on specific circumstances where cost should be capitalised and new requirements for disclosure 

of revenue in the financial statements. The standard is effective for annual periods beginning on or after 1 January 2018. 

The Group and the Association will reassess their contracts with customers in accordance with FRS 115. 

FRS 109 Financial Instruments 

FRS 109 includes guidance on (i) the classification and measurement of financial assets and financial liabilities; (ii) 

impairment requirements for financial assets, and (iii) general hedge accounting. FRS 109, when effective, will replace 

FRS 39 Financial Instruments: Recognition and Measurements. This standard is effective for annual periods beginning on 

or after 1 January 2018. The Group will reassess the potential impact of FRS 109 and plans to adopt the standard on the 

required effective date. 

FRS 116 Leases 

2.2 Basis of consolidation 

FRS116 removes the classification of leases as either operating leases or finance leases for the lessee effectively treating 

all leases as finance leases. Short term leases (less than 12 months) and leases of a low value are exempt from the lease 

accounting requirements. Lessor accounting remains similar to current practice. 

The consolidated financial statements comprise the financial statements of the Association and its subsidiary as at the end of the 

reporting period. The financial statements of the subsidiaries used in the preparation of the consolidated financial statements are 

prepared for the same reporting date as the Association. Consistent accounting policies are applied to like transactions and events 

in similar circumstances. 

All intra-group balances, income and expenses and unrealised gains and losses resulting from intra-group transactions and 

dividends are eliminated in full. 

Subsidiary is consolidated from the date of acquisition, being the date on which the Group obtains control, and continue to be 

consolidated until the date that such control ceases. 

Losses within a subsidiary are attributed to the non-controlling interest even if that results in a deficit balance. 

12





2.2 Basis of consolidation (Continued) 

A change in the ownership interest of a subsidiary, without a loss of control, is accounted for as an equity transaction. If the Group 

loses control over a subsidiary, it: 

- De-recognises the assets (including goodwill) and liabilities of the subsidiary at their carrying amounts at the date when 

controls is lost; 

- De-recognises the carrying amount of any non-controlling interest; 

- De-recognises the cumulative translation differences recorded in equity; 

- Recognises the fair value of the consideration received; 

- Recognises the fair value of any investment retained; 

- Recognises any surplus or deficit in profit or loss; 

- Re-classifies the Group’s share of components previously recognised in other comprehensive income to profit or loss or 

retained earnings, as appropriate. 

2.3 Plant and equipment 

All items of plant and equipment are initially recorded at cost. The cost of an item of plant and equipment is recognised as an asset 

if, and only if, it is probable that future economic benefits associated with the item will flow to the Group and the cost of the item can 

be measured reliably. Subsequent to recognition, plant and equipment are measured at cost less accumulated depreciation and 

accumulated impairment losses. 

Depreciation is computed on a straight-line basis over the estimated useful lives of the assets as follows: 

- Computers : 1 to 5 years 

- Furniture & fittings : 5 years 

- Office equipment : 5 years 

- Renovation : 3 to 5 years 

The carrying amounts of plant and equipment are reviewed for impairment when events or changes in circumstances indicate that 

the carrying amount may not be recoverable. 

The residual value, useful life and depreciation method are reviewed at each financial year-end, and adjusted prospectively, if 

appropriate. 

An item of plant and equipment is derecognised upon disposal or when no future economic benefits are expected from its use or 

disposal. Any gain or loss on derecognition of the asset is included in the profit or loss in the year the asset is derecognised. 

2.4 Investment property 

Investment property is initially recognised at cost and subsequently carried at cost less accumulated depreciation and impairment 

losses. Depreciation is calculated using the straight-line method to allocate the depreciable amounts over the estimated useful life 

of 50 years. 

On disposal of investment property, the differences between the disposal proceeds and the carrying amount is recognised to profit 

or loss. 

13




2.5 Subsidiary 

A subsidiary is an investee that is controlled by the Group. The Group controls an investee when it is expected, or has right, to 

variable returns from its investment with the investee and has the ability to affect these returns through its power over the investee. 

In the Association’s separate financial statements, investment in subsidiary is accounted for at cost less accumulated impairment 

losses. 

2.6 Impairment of non-financial assets 

The Group assesses at each reporting date whether there is an indication that an asset may be impaired. If any such indication 

exists, or when annual impairment assessment for an asset is required, the Group makes an estimate of the asset’s recoverable 

amount. 

An asset’s recoverable amount is the higher of an asset’s or cash-generating unit’s fair value less costs to sell and its value in use 

and is determined for an individual asset, unless the asset does not generate cash inflows that are largely independent of those from 

other assets or group of assets. Where the carrying amount of an asset or cash-generating unit exceeds its recoverable amount, 

the asset is considered impaired and is written down to its recoverable amount. In assessing value in use, the estimated future cash 

flows expected to be generated by the asset are discounted to their present value using a pre-tax discount rate that reflects current 

market assessments of the time value of money and the risks specific to the asset. 

Impairment losses of continuing operations are recognised in profit or loss in those expense categories consistent with the function 

of the impaired asset. 

For assets excluding goodwill, an assessment is made at each reporting date as to whether there is any indication that previously 

recognised impairment losses may no longer exist or may have decreased. If such indication exists, the Group estimates the asset’s 

or cash-generating unit’s recoverable amount. A previously recognised impairment loss is reversed only if there has been a change 

in the estimates used to determine the asset’s recoverable amount since the last impairment loss was recognised. If that is the case, 

the carrying amount of the asset is increased to its recoverable amount. That increase cannot exceed the carrying amount that 

would have been determined, net of depreciation, had no impairment loss been recognised previously. Such reversal is recognised 

in profit or loss. 

2.7 Financial assets 

Initial recognition and measurement 

Financial assets are recognised on the statement of financial position when, and only when, the Group becomes a party to the 

contractual provisions of the financial instrument. The Group determines the classification of its financial assets at initial recognition. 

When financial assets are recognised initially, they are measured at fair value, plus, in the case of financial assets not at fair value 

through profit or loss, directly attributable transaction costs. 

14





2.7 Financial assets (Continued) 

Subsequent measurement 

The subsequent measurement of financial assets depends on their classification as follows: 

Loans and receivables 

Non-derivative financial assets with fixed or determinable payments that are not quoted in an active market are classified as loans 

and receivables. Subsequent to initial recognition, loans and receivables are measured at amortised cost using the effective interest 

method, less impairment. Gains and losses are recognised in the profit or loss when the loans and receivables are derecognised or 

impaired, and through the amortisation process. 

Derecognition 

A financial asset is derecognised where the contractual right to receive cash flows from the asset has expired. On derecognition 

of a financial asset in its entirety, the difference between the carrying amount and the sum of the consideration received and any 

cumulative gain or loss that had been recognised in other comprehensive income is recognised in profit or loss. 

All regular way purchases and sales of financial assets are recognised or derecognised on the trade date i.e., the date that the 

Group commits to purchase or sell the asset. Regular way purchases or sales are purchases or sales of financial assets that require 

delivery of assets within the period generally established by regulation or convention in the marketplace concerned. 

2.8 Impairment of financial assets 

The Group assesses at each reporting date whether there is objective evidence that a financial asset or a group of financial assets 

is impaired and recognises an allowance for impairment when such evidence exists. 


Significant financial difficulties of the debtor, probability that the debtor will enter bankruptcy, and default or significant delay in 

payments are objective evidence that these financial assets are impaired. 

The carrying amount of these assets is reduced through the use of an impairment allowance account which is calculated as the 

difference between the carrying amount and the present value of estimated future cash flows, discounted at the original effective 

interest rate. When the asset becomes uncollectible, it is written off against the allowance account. Subsequent recoveries of 

amounts previously written off are recognised against the same line item in profit or loss. 

The impairment allowance is reduced through profit or loss in a subsequent period when the amount of impairment loss decreases 

and the related decrease can be objectively measured. The carrying amount of the asset previously impaired is increased to the 

extent that the new carrying amount does not exceed the amortised cost had no impairment been recognised in prior periods. 

15




2.9 Cash and cash equivalents 

Cash and cash equivalents comprise cash on hand and demand deposits that are readily convertible to known amount of cash and 

which are subject to an insignificant risk of changes in value. 

2.10 Provisions 

Provisions are recognised when the Group has a present obligation as a result of a past event, it is probable that an outflow of 

economic resources will be required to settle the obligation and the amount of the obligation can be estimated reliably. 

Provisions are reviewed at each reporting date and adjusted to reflect the current best estimate. If it is no longer probable that an 

outflow of economic resources will be required to settle the obligation, the provision is reversed. If the effect of the time value of 

money is material, provisions are discounted using a current pre tax rate that reflects, where appropriate, the risks specific to the 

liability. When discounting is used, the increase in the provision due to the passage of time is recognised as a finance cost. 

2.11 Financial liabilities 

Financial liabilities are recognised on the statement of financial position when, and only when, the Group becomes a party to the 

contractual provisions of the financial instrument. 

Financial liabilities are recognised initially at fair value, plus, in the case of financial liabilities other than derivatives, directly 

attributable transaction costs. 

Subsequent to initial recognition, all financial liabilities are measured at amortised cost using the effective interest method, except 

for derivatives, which are measured at fair value. 

A financial liability is derecognised when the obligation under the liability is discharged or cancelled or expired. 

2.12 Employee benefits 

a) Defined contribution plans 

The Association and its subsidiary make contributions to the Central Provident Fund (“CPF”) scheme in Singapore, a 

defined contribution pension scheme. Contributions to defined contribution pension schemes are recognised as an expense 

in the period in which the related service is performed. 

b) Employee entitlements to annual leave 

Employee entitlements to annual leave are recognised when they accrue to employees. A provision is made for the 

estimated liability for leave as a result of services rendered by employees up to reporting date. 

16





2.13 Revenue 

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Group and the revenue can be 

reliably measured, regardless of when the payment is made. Revenue is measured at the fair value of consideration received or 

receivable, taking into account contractually defined terms of payment and excluding taxes or duty. The following specific recognition 

criteria must also be met before revenue is recognised: 

a) Entrance fee 

Entrance fee is recognised as income when received upon registration of new membership. 

b) Government grants 

Government grants are recognised at their fair value where there is reasonable assurance that the grant will be received 

and all attaching conditions will be complied with. Where the grant relates to an expense item, it is recognised in profit or 

loss over the period necessary to match them on a systematic basis to the costs that it is intended to compensate. 

c) Interest income 

Interest income is recognised using the effective interest method. 

d) Management fee 

Management fee income is recognised as revenue in the period in which the services are rendered. 

e) Rental income 

Rental income arising from operating lease on investment properties is accounted for on a straight-line basis over the lease 

terms. 

f) Subscription fees 

Subscription fees is recognised as revenue in the membership period and when there is no significant uncertainty as to its 

collectibility. 

g) Training course fee 

Training course fee is recognised over the period of instruction. Amounts of fee relating to future periods of instruction are 

included in course fee received in advance. 

17




2.14 Income tax 

a) Current income tax 

Current income tax assets and liabilities for the current and prior periods are measured at the amount expected to be 

recovered from or paid to the taxation authorities. The tax rates and tax laws used to compute the amount are those that 

are enacted or substantively enacted at the end of the reporting period, in the countries where the Group operates and 

generates taxable income. 

Current income taxes are recognised in profit or loss except to the extent that the tax relates to items recognised outside 

profit or loss, either in other comprehensive income or directly in equity. Management periodically evaluates positions taken 

in the tax returns with respect to situations in which applicable tax regulations are subject to interpretation and establishes 

provisions where appropriate. 

b) Deferred tax 

Deferred tax is provided using the liability method on temporary differences at the end of the reporting period between the 

tax bases of assets and liabilities and their carrying amounts for financial reporting purposes. 

Deferred tax liabilities are recognised for all temporary differences, except: 

- Where the deferred tax liability arises from the initial recognition of goodwill or of an asset or liability in a transaction 

that is not a business combination and, at the time of the transaction, affects neither the accounting profit nor 

taxable profit or loss; and 

- In respect of taxable temporary differences associated with investments in Subsidiary, associates and interests 

in joint ventures, where the timing of the reversal of the temporary differences can be controlled and it is probable 

that the temporary differences will not reverse in the foreseeable future. 

Deferred tax liabilities are measured at the tax rates that are expected to apply in the year when the asset is realised or the 

liability is settled, based on tax rates (and tax laws) that have been enacted or substantively enacted at the end of each 

reporting period. 

Deferred tax relating to items recognised outside profit or loss is recognised outside profit or loss. Deferred tax items 

are recognised in correlation to the underlying transaction either in other comprehensive income or directly in equity and 

deferred tax arising from a business combination is adjusted against goodwill on acquisition. 

18





2.14 Income tax (Continued) 

c) Goods and services tax (“GST”) 

2.15 Contingencies 

Revenues, expenses and assets are recognised net of the amount of GST except: 

- Where the GST incurred on a purchase of assets or services is not recoverable from the taxation authority, in 

which case the GST is recognised as part of the cost of acquisition of the asset or as part of the expense item as 

applicable; and 

- Receivables and payables that are stated with the amount of GST included. 

The net amount of GST recoverable from, or payable to, the taxation authority is included as part of receivables or payables 

in the statement of financial position. 

A contingent liability is: 

(a) 

(b) 

(i) 

(ii) 

a possible obligation that arises from past events and whose existence will be confirmed only by the occurrence or nonoccurrence 

of one or more uncertain future events not wholly within the control of the Group; or 

a present obligation that arises from past events but is not recognised because: 

It is not probable that an outflow of resources embodying economic benefits will be required to settle the obligation; or 

The amount of the obligation cannot be measured with sufficient reliability. 

A contingent asset is a possible asset that arises from past events and whose existence will be confirmed only by the occurrence or 

non-occurrence of one or more uncertain future events not wholly within the control of the Group. 

Contingent liabilities and assets are not recognised on the statement of financial position of the Group, except for contingent 

liabilities assumed in a business combination that are present obligations and which the fair values can be reliably determined. 

2.16 Related parties 

A related party is defined as follows: 

(a) 

A person or a close member of that person’s family is related to the Association if that person: 

(i) 

(ii) 

(iii) 

Has control or joint control over the Association; 

Has significant influence over the Association; or 

Is a member of the key management personnel of the Association or of a parent of the Association. 

19




2.16 Related parties (Continued) 

(b) 

An entity is related to the Association if any of the following conditions applies: 

(i) 

(ii) 

(iii) 

(iv) 

(v) 

(vi) 

(vii) 

The entity and the Association are members of the same group (which means that each parent, subsidiary and 

fellow subsidiary is related to the others). 

One entity is an associate or joint venture of the other entity (or an associate or joint venture of a member of a 

group of which the other entity is a member). 

Both entities are joint ventures of the same third party. 

One entity is a joint venture of a third entity and the other entity is an associate of the third entity. 

The entity is a post-employment benefit plan for the benefit of employees of either the Association or an entity 

related to the Association. If the Association is itself such a plan, the sponsoring employers are also related to the 

Association; 

The entity is controlled or jointly controlled by a person identified in (a); 

A person identified in (a) (i) has significant influence over the entity or is a member of the key management 

personnel of the entity (or of a parent of the entity). 

2.17 Operating leases 

Lessee 

Leases where significant portion of the risks and rewards of ownership are retained by the lessor are classified as operating leases. 

Payments made under operating leases (net of any incentives received from the lessor) are taken to profit or loss on a straight-line 

basis over the period of the lease. 

Where an operating lease is terminated before the lease period has expired, any payment required to be made to the lessor by way 

of penalty is recognised as an expense in the period in which termination takes place. 

Lessor 

Leases where the Group retains substantially all the risks and rewards of ownership of the asset are classified as operating leases. 

Rental income (net of any incentives given to lessees) is recognised on a straight-line basis over the lease term. 

20




3. SIGNIFICANT ACCOUNTING JUDGEMENTS AND ESTIMATES 

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the 

application of policies and reported amounts of revenues, expenses, and the disclosure of contingent liabilities at the reporting date. 

The estimates and associated assumptions are based on historical experience and various other factors that are believed to be 

reasonable under circumstances, the results of which form the basis of making the judgements about carrying amounts of assets 

and liabilities that are not readily apparent from other sources. 

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised 

in the period in which the estimate is revised if the revision affects only that period, or in the period of revision and future periods if 

the revision affects both current and future periods. As at reporting date, there are no critical judgements made by management in 

applying accounting policies. The key assumption concerning the future and other key sources of estimation uncertainty at the end 

of reporting period that have a significant risk of carrying a material adjustment to the carrying amounts of assets and liabilities within 

the next financial year are discussed below. 

Government grants 

Under the Local Enterprise Association Development Program (“LEAD”), SPRING Singapore and IE Singapore have provided a 

grant to the Association. The final amount of grants to be received from SPRING Singapore, IE Singapore will be based on fulfilment 

of certain conditions and approval of claims to be submitted. During the year, the amount of grants recognised as income in respect 

of LEAD is S$ 56,684 (2015: S$119,756). 

21



4. PLANT AND EQUIPMENT 

Association and Group 

Furniture & 

Office 

Computers Fittings Equipment Renovation Total 

S$ S$ S$ S$ S$ 

Cost 

At 1.1.15 66,532 79,952 54,821 138,928 340,233 

Addition 15,727 - 934 - 16,661 

Written-off (24,657) - (10,072) (49,743) (84,472) 

At 31.12.15 57,602 79,952 45,683 89,185 272,422 

Addition - - 23,170 17,653 40,823 

At 31.12.16 57,602 79,952 68,853 106,838 313,245 

Accumulated depreciation 

At 1.1.15 66,532 79,952 54,387 138,928 339,799 

Depreciation for the year 15,727 - 309 - 16,036 

Written-off (24,657) - (10,072) (49,743) (84,472) 

At 31.12.15 57,602 79,952 44,624 89,185 271,363 

Depreciation for the year - - 4,944 16,672 21,616 

At 31.12.16 57,602 79,952 49,568 105,857 292,979 

Net carrying amount 

At 31.12.15 - - 1,059 - 1,059 

At 31.12.16 - - 19,285 981 20,266 

22




5. INVESTMENT PROPERTY 


2016 2015 

S$ S$ 

Cost 

At beginning and end of year 675,223 675,223 

Accumulated depreciation 

At beginning of year 324,099 310,594 

Depreciation for the year 13,503 13,505 

At end of year 337,602 324,099 

Net carrying amount 337,621 351,124 

Fair value 1,550,000 1,550,000 

The fair value is assessed by the Council based on the comparable market transactions that consider the sales of similar properties 

within the development that have been transacted in the open market. Appropriate adjustments have been made between 

comparables and subject property to reflect the difference in size, floor, condition, prevailing marketing and all other factors affecting 

the value. The fair value measurement is categorised under Level 3 of the fair value hierarchy. 

The following amounts are recognised in profit or loss in relation to the investment property: 

Rental income 56,238 56,238 

Property tax (5,620) (4,477) 

Depreciation charge (13,503) (13,505) 

6. INVESTMENT IN A SUBSIDIARY 

Association 

2016 2015 

S$ S$ 

Beginning and at the end of year 100,000 100,000 

23



6. INVESTMENT IN A SUBSIDIARY (Continued) 

The details of the subsidiary are as follow: 

Name of Subsidiary 

Principal Activities 

Country of 

Incorporation 

Percentage equity held by the 

Association 

2016 2015 

% % 

The Logistics Academy 

Pte. Ltd. 

Provision of professional and 

management development training. Singapore 100 100 

During the financial year, the Association charged management fee of S$263,337 (2015: S$265,499) to the subsidiary. 

The Council members held the shares in The Logistics Academy Pte Ltd in trust for the Association. 

7. TRADE RECEIVABLES 

Association 

Group 

2016 2015 2016 2015 

S$ S$ S$ S$ 

Trade receivables 463,460 398,220 572,434 482,316 

Less: Billing in advance (463,460) (398,220) (463,460) (398,220) 

Less: Allowance for impairment loss - - (55,801) (36,230) 

Trade receivables, net - - 53,173 47,866 

Billing in advance relates to subscription fees billed in advance for the following year. Trade receivables are non-interest bearing and 

are generally on 7 days (2015: 7 days) terms. 

24




7. TRADE RECEIVABLES (Continued) 

Receivables that are not past due 

The Company’s trade receivables that are not past due at the reporting date amounted to S$55,801 (2015: S$36,230). 

Receivables that are past due but not impaired 

The Company has trade receivables amounting to S$53,173 (2015: S$47,866) that are past due at the reporting date but not 

impaired. These receivables are unsecured and the analysis of their ageing at the reporting date is as follows:- 

Association 

Group 

2016 2015 2016 2015 

S$ S$ S$ S$ 

Trade receivables past due: 

Less than 30 days - - 33,138 3,709 

30 to 60 days - - 4,718 5,105 

61 to 90 days - - 6,174 - 

More than 90 days - - 9,143 39,052 

- - 53,173 47,866 

Movement in allowance for impairment loss is as follow: 

Association 

Group 

2016 2015 2016 2015 

S$ S$ S$ S$ 

At 1 January - - (36,230) (38,680) 

Charge for the year - - (19,571) - 

Reversal during the year - - - 2,450 

At 31 December - - (55,801) (36,230) 

Trade receivables that are individually determined to be impaired at the reporting date relates to debts that are long outstanding and 

doubtful on the collection. 

25



8. OTHER RECEIVABLES 

Association 

Group 

2016 2015 2016 2015 

S$ S$ S$ S$ 

Grant receivables 209,240 278,027 209,240 278,027 

Amount due from a subsidiary 38,496 7,985 - - 

Other receivables 32,442 28,196 32,467 28,196 

Deposits 21,520 21,200 21,520 21,200 

Prepayments 18,101 11,300 19,573 26,568 

319,799 346,708 282,800 353,991 

Amount due from a subsidiary is non-trade in nature and interest free and repayment on demand. 

9. CASH AND CASH EQUIVALENTS 

Association 

Group 

2016 2015 2016 2015 

S$ S$ S$ S$ 

Fixed deposits 1,335,564 1,123,396 1,335,564 1,123,396 

Cash and bank balances 308,655 455,115 360,445 460,094 

1,644,219 1,578,511 1,696,009 1,583,490 

The fixed deposits bear interest at 0.35% to 1.65% (2015: 0.35% to 1.65%) per annum. 

Cash and cash equivalents that are not denominated in functional currencies of the Association and the Group are as follows: 

United States Dollars 68,187 68,087 68,187 68,087 

26




10. DEFERRED COURSE FEE INCOME 

Association 

Group 

2016 2015 2016 2015 

S$ S$ S$ S$ 

Deferred course fees income - - 60,961 63,141 

Deferred course expenses - - (5,378) - 

- - 55,583 63,141 

Deferred course fee income pertains to course fee received from students and deferred as the module has not been completed as 

at year end. 

11. OTHER PAYABLES AND ACCRUALS 

Association 

Group 

2016 2015 2016 2015 

S$ S$ S$ S$ 

Other payables 138,880 117,252 138,880 130,397 

Accrued operating expenses 93,133 77,047 133,937 90,962 

232,013 194,299 272,817 221,359 

27



12. INCOME TAX EXPENSE 

Association 

Group 

2016 2015 2016 2015 

S$ S$ S$ S$ 

Income tax 

– current year - - - - 

– over provision in prior year - - - - 

Income tax credit - - - - 

In accordance with Section 11(2) of the Singapore Income Tax Act, the Association’s income is taxable as more than half of its 

receipts are by way of entrance fees and subscription fees which are allowable deductions to its members in their income tax 

returns. 

The income tax expense on the results of the financial year varies from the amount of income tax determined by applying the 

Singapore statutory rate of income tax to surplus before tax due to the following factors :- 

Surplus of income over expenditure 

before tax 60,048 104,316 61,698 99,689 

Tax calculated at a tax rate of 17% 10,208 17,734 10,489 16,947 

Expenses not deductible for tax purposes 3,588 3,605 3,588 3,605 

Deferred tax assets not recognised - - - 787 

Utilisation of deferred tax assets 

previously not recognised (13,796) (18,809) (14,077) (18,809) 

Enhanced special incentive - (1,432) - (1,432) 

Non-taxable income - (1,098) - (1,098) 

- - - - 

The unrecognised deferred tax assets arise from the following temporary differences: 

Association 

Group 

2016 2015 2016 2015 

S$ S$ S$ S$ 

Unabsorbed tax losses 48,000 54,000 185,000 196,500 

Unabsorbed capital allowance - 74,000 - 74,000 

48,000 128,000 185,000 270,500 

As at the end of the reporting period, the Association and the Group have unabsorbed tax losses and unabsorbed capital allowance 

which are available for offsetting against future taxable income for which no deferred tax assets are recognised due to unpredictability 

of the future profit streams to be generated by the Association and the Group in the foreseeable future. The use of these unabsorbed 

tax losses and capital allowance is subject to the approval from the Inland Revenue Authority of Singapore. 

28




13. OPERATING LEASE COMMITMENTS 

As lessor 

The Association has entered into operating lease agreement for rental of premise. Operating lease receipts recognised in the 

profit or loss during the year amounted to S$56,238 (2015: S$56,238). Future minimum lease receivable for the lease with initial or 

remaining terms of one year or more at the end of the reporting date are as follows :- 


2016 2015 

S$ S$ 

Within one year 38,898 56,238 

Between two to five years - 38,898 

38,898 95,136 

The lease is on a fixed repayment basis and no arrangement has been entered into for contingent rental payments. The lease does 

not contain any escalation clauses and it has no renewal option. Lease terms do not contain restrictions concerning dividends, 

additional debt or further leasing. 

As lessee 

The Association has entered into operating lease agreement for office premise. Operating lease payments recognised in the profit or 

loss during the year amounted to S$63,259 (2015: S$63,259). Future minimum lease payments for the lease with initial or remaining 

terms of one year or more at the end of the reporting date are as follows :- 


2016 2015 

S$ S$ 

Within one year 10,543 63,259 

Between two to five years - 10,543 

10,543 73,802 

The lease is on a fixed repayment basis and no arrangement has been entered into for contingent rental payments. Lease terms do 

not contain restrictions concerning dividends, additional debt or further leasing. 

29



14. FINANCIAL RISK MANAGEMENT OBJECTIVES AND POLICIES 

The Group is exposed to financial risks arising from its operations. The key financial risks include credit risk and liquidity risk. The 

Council reviews and agrees policies and procedures on an informal basis for the management of these risks. 

There has been no change to the Group’s exposure to these financial risks or the manner in which it manages and measures the 

risks. 

Credit risk 

Credit risk is the risk of loss that may arise on outstanding financial instruments should a counterparty default on its obligations. 

The carrying amount of trade receivables as well as cash and cash equivalents represent the Association’s and the Group’s 

maximum exposure to credit risk in relation to financial assets. No other financial assets carry a significant exposure to credit risk. 

Financial assets that are neither past due nor impaired 

Trade and other receivables that are neither past due nor impaired are with credit worthy debtors with good payment record. 

Cash and cash equivalents are placed with reputable financial institutions. 

Financial assets that are either past due or impaired 

Trade receivables that are individually determined to be impaired at the reporting date is disclosed in Note 7. 

Liquidity risk 

Liquidity risk is the risk that the Group and the Association will encounter difficulty in meeting financial obligations due to shortage of 

funds. 

In the management of liquidity risk, the Group and Association monitor and maintain a level of cash and cash equivalents deemed 

adequate by the management to finance the Group and the Association’s operation and to mitigate the effects of fluctuations in cash 

flows. 

The Group has no concentration of credit risk. 

Maturity analysis for financial liabilities 

Financial liabilities of the Association and the Group comprise other payables and accruals that have no contractual maturities but 

are typically settled within one year. 

30




15. FAIR VALUE OF FINANCIAL INSTRUMENTS 

a) Financial instruments whose carrying amount approximates fair value 

The carrying amounts of financial assets and liabilities with a maturity of less than one year approximate their fair values 

due to the relatively short-term maturity of these financial assets and liabilities. 

b) Fair value hierarchy 

The Association and the Group classify fair value measurements using a fair value hierarchy that reflects the significance 

of the inputs used in making the measurements. The fair value hierarchy has the following levels: 

a) quoted prices (unadjusted) in active markets for identical assets or liabilities (Level 1); 

b) inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly 

(i.e. as prices) or indirectly (i.e. derived from prices) (Level 2); and 

c) inputs for the asset or liability that are not based on observable market data (unobservable inputs) (Level 3). 

There are no financial instruments carried at fair value. 

c) Assets and liabilities not carried at fair value but for which fair values are disclosed 

2016 

Recurring fair value measurements 

Non-financial assets: 


Carrying 

amount Level 1 Level 2 Level 3 

S$ S$ S$ S$ 

Investment property 337,621 - - 1,550,000 

2015 

Recurring fair value measurements 

Non-financial assets: 

Investment property 351,124 - - 1,550,000 

The basis of determining fair value for disclosure at the end of the reporting period is disclosed in Note 5 to the financial statements. 

31




16. CATEGORIES OF FINANCIAL INSTRUMENTS 

Financial instruments as at the reporting date are as follows:- 

Association 

Group 

2016 2015 2016 2015 

S$ S$ S$ S$ 

Financial assets 


Trade receivables - - 53,173 47,866 

Other receivables 301,698 335,408 263,227 327,423 

Cash and cash equivalents 1,644,219 1,578,511 1,696,009 1,583,490 

1,945,917 1,913,919 2,012,409 1,958,779 

Financial liabilities 

At amortised cost 

Other payables and accruals 217,455 181,846 258,259 208,906 

217,455 181,846 258,259 208,906 

17. FUND MANAGEMENT 

The Association’s objectives when managing its funds are to safeguard its ability to maintain adequate working capital to continue 

as going concern, and with the objective to promote professionalism and excellence in the Singapore logistics industry and serve 

the needs and interests of the Association’s members and these objectives remain unchanged from previous years. 

32

Our Manifesto 



} There is no more exciting way to live than 

to face new challenges every day 

} To know all your intellect, resources, 

and experience will be tested like never before 

} To know you can overcome any adversity, 

and learn from it 

} To know that without you the world would be a 

poorer place 

} To know you are a rare individual who can fulfill 

your full potential 

} To know that everything is possible, 

because I Can, You Can, WE CAN



Singapore Logistics Association 

2 Bukit Merah Central #04-02 

Singapore 159835 

MCI (P) 051/10/2016

SLA-AR2016

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