Singapore Chinese Chamber of Commerce and Industry moves to preserve family firms

A company's longevity is a factor that overseas firms consider when they are looking for local partners to work with, said Singapore Chinese Chamber of Commerce and Industry president Roland Ng. ST PHOTO: JASMINE CHOONG
New: Gift this subscriber-only story to your friends and family

SINGAPORE - Helping family firms stay afloat in a competitive market contradicts a capitalism tenet that promotes the survival of the fittest, but the Singapore Chinese Chamber of Commerce and Industry has set out to do just that.

Preserving such companies is one of the chamber's priorities for the next three years, president Roland Ng said during a ceremony in March when he was elected to continue in his role for a second term.

Already a subscriber? 

Read the full story and more at $9.90/month

Get exclusive reports and insights with more than 500 subscriber-only articles every month

Unlock these benefits

  • All subscriber-only content on ST app and straitstimes.com

  • Easy access any time via ST app on 1 mobile device

  • E-paper with 2-week archive so you won't miss out on content that matters to you

Join ST's Telegram channel and get the latest breaking news delivered to you.