Formation | 1956 |
---|---|
Founded at | Singapore |
Type | Chamber of commerce |
Purpose | To nurture a vibrant entrepreneurial culture amongst Malay/Muslim Enterprises |
Location |
|
Membership | 900 members |
President | Farid Khan |
Website | www |
Formerly called | Singapore Malay Chamber of Commerce (SMCC) |
The Singapore Malay Chamber of Commerce and Industry (SMCCI) is a non-profit organization, established in 1956 to support the Malay/Muslim business community in Singapore.
The Singapore Malay Chamber of Commerce and Industry (SMCCI) was first established in 1956 as the Singapore Malay Chamber of Commerce (SMCC) by a group of Malay/Muslim businessmen, including the first President of Singapore, Yusof Ishak.[1][2] Its establishment was initially intended to look after the trading interests of the Malay/Muslim business community, however, its name was later changed to its current name in 1995 to reflect its wider scope.[1]
In 2006, SME Centre @ SMCCI was established as a one-stop centre for local small and medium enterprises (SMEs).[3][4]
In 2016, The SMCCI celebrated its 60th anniversary and helped set up global hub along with SPRING Singapore and International Enterprise Singapore which would identify food firms scale up their halal exports.[5]
In 2018, The SMCCI collaborated with Enterprise Singapore and One Kampong Glam Association in a project led by Infocomm Media Development Authority to digitalize businesses within the Kampong Glam vicinity.[6][7]
Since its establishment, SMCCI has played an active role in the facilitation of its members’ trade activities and acts as a point of contact between local and international sellers and consumers.[12]
SMCCI collates information on business opportunities and disseminates it among its members. Like other recognised chambers of commerce, SMCCI is authorised to endorse certificates of origin as needed by exporters.[13] Today, SMCCI continues to work in representing the interests of the local Malay/Muslim business community and serves as a platform to create opportunities for members through regular business missions, conferences, networking sessions and activities. Now, with its subsidiary, SME Centre@SMCCI, works to strengthen capabilities and encourage local SMEs to adopt technologies and expand their business overseas.[14]
Since 2010, SMCCI has been hosting Malay/Muslim Business Conference for sharing industry knowledge and expertise with the participation of successful Malay/Muslim entrepreneurs.[15] In 2014, Prime minister Lee Hsien Loong and Yaacob Ibrahim, the Minister for Communications and Information attended the event as the Guest of Honor and gave a speech at the conference.[16][17]