Business Chief APAC+ANZ Magazine July 2014 | Page 249

MANUFACTURING specific needs , as well as 6 Centres of Excellence to offer our members a holistic approach towards improving competitiveness .
• Industry developments and investment
The manufacturing sector in Singapore , which contributes towards approximately 20 % of the country ’ s GDP , is doing relatively well compared to other countries , and has been going strong since the beginning of this year . There are also more SMEs venturing overseas and expanding their businesses . SMF launched the Business Expansion Programme last year to specially help companies looking to expand to Iskandar Malaysia and Riau Islands Indonesia .
The industry has also seen a shift from traditional manufacturing to manu-services which have been on the increase over the years .
• Benefits of membership SMF members enjoy a great variety of benefits : o Up to 50 % off seminars , conferences , workshops , networking and business matching events o Exclusive rates for SMF-AIA welfare benefits packages for member companies and employees o Up to 77.5 % on trade exhibition administration fees and reimbursements of up to 50 % for participation by eligible members under the International Marketing Assistance Programme ( iMAP ) from IE Singapore o Up to 25 % off the endorsement fees of manual Certificate of Origin ( CO ) o Up to 50 % off seminar marketing services o Up to 10 % discount on advertisements in SMF Connect magazine o Up to 20 % off rental rate for training rooms at SMF o Up to 15 % discount for selected workshops and training courses o Up to 10 % rebates on academic programmes from SMF Institute of Higher Learning o Receive complimentary business advisory service o Receive SMF ’ s annual Tradelink Directory and quarterly Connect magazine .
www . smfederation . org . sg / 249