Helping family firms stay in business

Singapore Chinese Chamber of Commerce and Industry president Roland Ng says preserving family businesses is one of the chamber's priorities for the next three years.
Singapore Chinese Chamber of Commerce and Industry president Roland Ng says preserving family businesses is one of the chamber's priorities for the next three years. ST PHOTO: JASMINE CHOONG

SCCCI planning mentor system and other initiatives to help them thrive as it values their longevity

Helping family companies 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 (SCCCI) has set out to do just that.

Preserving such businesses is one of the chamber's priorities for the next three years, its president Roland Ng said at a ceremony last month where he was elected to continue in his role for a second term.

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A version of this article appeared in the print edition of The Straits Times on April 22, 2019, with the headline 'Helping family firms stay in business'. Print Edition | Subscribe