Annual Report 2017/2018
French Chamber Singapore
Welcome
President’s Message As we are now effectively in the Year of Innovation France-Singapore, the French Chamber plays an active part in working with other members of the French ecosystem and with its Singaporean counterparts to ensure the success of the various initiatives undertaken in Singapore and in France this year. Amongst the many events, particular mention should be made of our Smart Health Symposium. We are also supporting by various means the nascent French Tech chapter in Singapore. Our Chamber continues to demonstrate a healthy growth, evidence of the continued attractiveness of Singapore for our French companies. Beside the many activities organised by its 18 business committees, and the very effective support provided to existing and new members by our Business Centre, we continuously aim at improving and broadening the services we offer to our members. One area of increased focus is to see the Chamber as a bridge between our members and other business communities. For instance, we initiated this year what we hope will become monthly encounters between members of the Chamber and large local corporations through their CEO. We started this year with Keppel Corporation and Pavilion Energy. We are also an active participant member to the Singapore Business Federation and the European Chamber of Commerce. This connection with the Singapore business community will continue to be a strong focus. We are also mindful of the various expectations of our members. Beside the large French groups present in Singapore and who have always acted as the backbone of the Chamber, we do support and provide value to the smaller companies who have established their regional presence in Singapore, and of course the increasing number of startups established in Singapore by French entrepreneurs. Our business committees are a great way for all to develop their network, and we organise regular events targeted for these specific segment. It is very important for us to remain agile. At a time where digitalisation disrupts the way we work, it is important that the Chamber constantly adapt itself to these new methods and address the changing demands of its members. We regularly look for new ideas and offerings, which could benefit our members. All this is the result of the very proactive Board that we currently have, which represents well the diversity of our business community in Singapore and debates regularly very challenging areas of development for our Chamber. It complements well the excellent work of our permanent staff in the Chamber, which contributes greatly to the very high reputation that our Chamber currently enjoys in Singapore.
Pascal Lambert President The French Chamber of Commerce in Singapore
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Executive Director’s Message It is a pleasure to share with you the French Chamber Annual Report 2017/2018, as you will discover, a dynamic year of activity with many projects taking scale and many new initiatives taking off. Our membership base of over 700 companies is still growing, as Singapore as a business hub continues to thrive, with more and more French companies setting up their Asian headquarters here and basing their regional operations in the city-state. This past year has seen many exciting events organised by our 18 business committees across a wide range of themes and subjects, from finance to tech, healthcare and R&D, just to name a few. This year being the France-Singapore Year of Innovation, innovation has certainly been front and centre in our calendar of activities, with the Chamber actively partnering stakeholders in Singapore to provide plenty of opportunities for collaboration. Start-ups continue to be a distinctive focus for the Chamber as we keep adding new initiatives to our repertoire. It is a pleasure to see entrepreneurs taking advantage of our Mentoring Programme and Business Accelerator Lab, attending events, large-scale networking and targeted exchanges such as that of our CEO Tech Club, sharing news through our communication channels. We launched our first FrenchStart-Up Award and a new “Meet the CEO” series, initiatives designed specifically in response to needs evoked by entrepreneurs: seeking visibility and business-matching. We have also ramped up our communication towards France. The Chamber was present in various parts of France throughout the year, as part of its “Singapour Business Tour”, with the objective of inviting French companies to discover, understand and evaluate potential markets of various sectors in Singapore and the region, and to consider exporting or setting up here. We also organised learning expeditions here in Singapore on pertinent themes, a notable example being digitalisation and internationalisation organised for business leaders from Bpifrance Université / Accélérateur ETI. As we strive to bring more value to our members, it is heartening to see the business community coming together and supporting each other, showing that, collectively, we can do better and break boundaries! Our very first CSR Day is an excellent example: our business community came together at 6am in the morning for a big beach clean-up to make a local difference to the marine and coastal environment. What a great collective force! Many projects lie ahead and I am grateful to see the business community grow stronger each year, and on behalf of all the team, I warmly thank our members for their active involvement and fantastic support! Carine Lespayandel Executive Director The French Chamber of Commerce in Singapore
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French Chamber Annual Report 2017-2018
Patron Members The French Chamber of Commerce in Singapore would like to thank its Patron Members for their continuous support.
French Chamber Annual Report 2017-2018
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Contents
Welcome President’s Message 01 Executive Director’s Message 02 Patron Members 03 At the French Chamber Executive Committee and Board Members 07 French Chamber Team 08 Membership Membership Profile 10
All French Chamber team © Anne Valluy and © Cédric Vrolant
Business Club Facts & Figures 13 Highlights 14 18 Committees Aeronautics, Space, Defence & Security Asia Banking, Finance & FinTech Business Women Digital Marketing & Communication Energy & Infrastructure F&B and Hospitality Healthcare French Maritime Cluster Human Resources Legal & Tax Luxury & Premium Retail Research & Development Smart Cities Sourcing & Supply Chain Sustainability & Responsibility Start-Ups & Entrepreneurs Tech & Innovation Member Privileges Social & Networking Events
19 20 21 22 23 24 25 26 28 29 30 31 32 33 34 35 36 38 39 40
Business Support Business Support at a Glance 43 HR Services HR Services at a Glance 52 Communication Communication Platforms 55 Our Asia Network 58 External Relations 59 Financial Report 60 French Chamber Annual Report 2017-2018
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At the French Chamber
Executive Committee and Board Members
President Pascal LAMBERT Société Générale
Vice President Damien DHELLEMMES Schneider Electric Singapore
Vice President Olivier GROMETTO Qingwa
Vice President Isabelle LARCHE Timeo-Performance
Treasurer Emmy TELLIER The Swatch Group
General Secretary Mathilde BROUSTAU TLB Law Firm
Grégoire BARRY DELONGCHAMPS STMicroelectronics Asia Pacific
Jean-Yves BROUSSY Danone Asia
Pierre CHEYRON Engie
Kevin CHOW Thales Solutions Asia
Philippe DALLEE Crédit Industriel et Commercial (CIC)
Jean DROUFFE AXA Insurance Singapore
Jeremie DUTHEL Amazon Asia-Pacific
Julien ESCH Dragages Singapore
Fabien GIORDANO Bollore Logistics Singapore
Sébastien GODET Sodexo
Philippe GUIBERT International SOS
Marin MIGNOT Capgemini APAC - Singapore
Jean de MONTAL Suez
Nicolas RICARD Air France KLM
Aude de ROTALIER FTL
Stéphane THIERRY Decathlon (Desipro)
Romain THUNE BNP Paribas
Anne-Sophie VERVIAL Total E&P Asia Pacific
Philippe WIND Actis
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French Chamber Team Executive Director Carine Lespayandel
Head of Business Support Martine LESPONNE
Head of Recruitment & HR Hélène GUERIN
Head of Business Club Anne-Sophie FOSTER
Head of Finance & Admin Nadège ROUSSET
Business Development Manager Nadia ANAJJAR LOTFI
Business Development Manager Sylvain APARICIO
Business Development Manager Wendy CHNG PETIT
Business Development Assistant Joy OU
Business Support Executive Laetitia LAUTODE
Business Support Administration Philomena WAUNG
Recruitment & HR Consultant Marie BASSET
Recruitment & HR Consultant Patricia MAUCLAIR
Events & Membership Manager Amélie POUMAER SAADI
Committees & Events Manager Caroline de VILLELE
Events & Promotion Manager Marion FREMAUX
Business Committee and Conference Project Manager Sylvie BERTHAUD
Member Relations Manager Yaël COLLET
Tech Events & Digital Project Manager Guillaume RENAUD
Publication & Design Manager Jeremy SOH
Marketing & Digital Communication Project Manager Joe Han LIM
Admin & Accounts Debra MONTEIRO
Accountant Fanny HOWARTH
IT Manager Laurent STEFF
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French Chamber Annual Report 2017-2018
Membership
Membership Profile
722
A total of
4,600
company and individual members
contacts
+3% year-on-year increase in our membership base
+4.5% year-onyear increase in the Chamber’s contact list
Evolution of Membership Base 702
722
664 622 584 519 463
2012
2013
2014
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2015
2016
2017
2018
Membership per Category The French Chamber gathers French, other European and non-European companies. The structure of the membership 2017 / 2018 per category is the following:
49% Corporate 23% Entrepreneur 16% Associate 6% Individual 6% Patron
Sectors of Activity 21% Services (Media, Consulting, Others) 19% Construction / Environment / Transportation 14% Consumer Goods 14% Tech / Electronics / IT 13% Banking / Finance / Insurance / Legal 9% F&B / Catering / Hospitality 6% Biomedical & Healthcare 4% Energy / Chemicals / Mechanical Industries
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Business Club
18
committees
220 events
A network of
4,600 contacts
7,600
participants at events
Facts & Figures ››Great opportunities to exchange with your peers and broaden your network: a greater participation to our events ››220 events representing over 4 events per week ››7,605 persons attended our events in 2017/2018 (+8% compared to the previous year) ››A strong network of 4,600 contacts
Events The French Chamber organises a wide range of events. Here’s the distribution for the past year:
55% Committee Meetings 19% Networking Events 9% Trainings 7% Breakfast Talks 5% Site Visits 5% Special/Large-Scale Events
Event Participation Here’s the average number of participants at the various types of events:
224
at Special/Large-Scale Events
65
at Breakfast Talks
24
at Networking Events
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Highlights
2018 INNOVATION GALA DINNER Organised in celebration of the dynamic partnership and strong business relations between France and Singapore, and held at the Ritz-Carlton, the French Chamber Gala Dinner brought together more than 550 eminent Singaporean and French guests under the patronage of our Guests-ofHonour, Ms Jacqueline Poh, Chief Executive, GovTech Singapore and H.E. Marc Abensour, Ambassador of France to Singapore.
French Chamber CSR day: let’s clean the beach, together! Early in the morning on Friday 8 September 2017, 400 people from 40 companies came together to participate in the French Chamber’s Clean The Beach CSR Day 2017, collecting a total of about 2.6 tonnes of marine trash at Tanah Merah Beach!
AI, A GAME CHANGER FOR BUSINESSES A great morning talk with speakers from Amazon Web Services, Standard Chartered, AXA, Taiger and Accenture who explained how artificial intelligence will disrupt businesses and what will be its impact on customer’s experience.
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Highlights
Mission with ESCP Europe for BPI France Université / Accélérateur ETI In April 2018, the French Chamber led a one-week “learning expedition” in Singapore for 25 ETIs (Entreprises de Taille Intermédiaire) in the fields of digital and new technologies. This included talks with business and academic experts, site visits, cultural visits, meetings with neighbouring countries and networking events with French and Singaporean companies based in Singapore.
A CONVERSATION WITH Mr Loh Chin Hua, CEO of KEPPEL Corporation An up-close and personal conversation with Mr Loh Chin Hua who introduced the Keppel Group’s strategy as a solutions provider for sustainable urbanisation, its different business verticals, and the Group’s strong track record in large-scale urban developments, from Keppel Bay in Singapore to the Sino-Singapore Tianjin Eco-City in China.
Breakfast Talk with Dr Raj Thampuran, Managing Director, A*STAR On Thursday 14 September 2017, the French Chamber welcomed Dr Raj Thampuran, Managing Director, A*STAR, who shared how companies can leverage agencies like A*STAR to take their innovations to the next level.
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Highlights
5th EDITION OF THE WORKING TOGETHER FORUM This forum aims to reinforce business links between French SMEs, entrepreneurs and large corporations established in Singapore. With 423 afternoon session of B2B meetings organised by the French Chamber, MNCs, SMEs and start-ups had the opportunity to present their services, discuss potential collaborations, give and receive advice, and match their needs against each other’s solutions.
FRENCH START-UP AWARD The French Chamber organised the French Start-Up Award on the occasion of the 5th “Working Together Forum”. The goal was to recognise the achievements of the best start-up created by French founders in Singapore and encourage its development. In all, 27 companies competed, highlighting the truly dynamic spirit of French entrepreneurs in Singapore. The 2017 winner was Incomlend!
MEET THE CEO A new monthly initiative dedicated to business matching between startups/entrepreneurs and MNCs. A CEO welcomes for a 3-hour programme of 25-minute 1-to-1 meetings 6 companies selected according to his business relevance.
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Highlights Smart Health Symposium Building on the launch of the Smart Health platform, an initiative by the French Chamber, the Smart Health Symposium, themed “The Innovative and Digital Healthcare Leap“, brought together a great range of actors in the healthcare and healthcare services space – industry players, research experts, stakeholders, partners, Singapore governmental agencies – to discuss together the latest trends, innovations, and collaboration opportunities in healthcare in the Singapore context.
symposium The Innovative and Digital Healthcare Leap
A TALK WITH GOOGLE Our members got immersed for a few minutes into the Google culture and how the company is managing to consistently remain at the top of the innovation chain.
JOURNEY TOWARD THE SMART BUILDING OF THE FUTURE During this exclusive breakfast talk, our speakers from ETH Zurich, DP Architects, Dragages, Schneider Electric, Kone and Accenture Digital brought us through the journey of Smart Building. From the design and conceptualisation stage, to construction, energy, lifecycle and people flow, they shared on how building and building management can be connected, efficient, flexible, to meet constantly changing needs.
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18 Committees
Aeronautics, Space, Defence & Security Asia Banking, Finance & FinTech Business Women Digital Marketing and Communication Energy & Infrastructure F&B and Hospitality French Maritime Cluster Healthcare Human Resources Legal & Tax Luxury & Premium Retail Research & Development Smart Cities Sourcing & Supply Chain Start-Ups & Entrepreneurs Sustainability & Responsibility Tech & Innovation
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Aeronautics, Space, Defence & Security Committee Activities ››Visit of SAFRAN Electronics & Defense Services Asia Mr Olivier Thomas, CEO Safran Electronics & Defense Services Asia ››Digital Innovations in the Aerospace and Defence Industry Dr Cyrille Schwob, APAC head of R&T development, Airbus
The Aeronautics, Space, Defence and Security committee aims to establish a networking platform for professionals of member companies of these sectors. It organises regular presentations and meetings.
Co-Presidents
››Ground Settlement Monitoring from Satellite Images Processing Ms Blanca Payas, General Manager, SIXENSE Satellite ››CNIM the Pioneer Spirit Ms Eve Bonnardel, Asia-Pacific Business Development Manager for Defense & Security Market, CNIM ››DCNS, the French Know-How with Strong International Growth Mr Patrick Pennamen, Managing Director of DCNS Far East Asia ››Visit: NTU Mechanical and Aerospace Engineering Prof Louis Phee, Chair of School
Mr Florian Casanova Defense Conseil International
Prof Daniel New, Associate Chair (Students)
Mr Christian Duhain Athen Development
Mr Simon Graber, South East Asia Network Coordination at GIFAS
Mr Dominique Ehlinger Thales Asia Holding
Prof Sunil Joshi, Assistant Chair, Graduate Studies
››Joint Networking Events
Mr Sascha Hapke Airbus Defence and Space Mr Patrick Pennamen Naval Group
››supported event
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Asia Committee Activities ››Business Delegation to Myanmar - Energy and Infrastructure ››Hiring in Indonesia: HR and Legal Aspects Mr Lucas Mascarade, LL.M - Attorney at Law, DS Avocats Mr Emmanuel Costenoble, Associate Director, ProCapita Indonesia The Asia committee organises conferences, seminars and roundtables on topics related to the economy, the social and political situation in various Asian countries.
››Malaysia’s Imminent E-tail Boom - Impact and Opportunity for Singaporean Companies Mr Fabian Boegershausen, Country Manager, Solidiance Malaysia ››Doing Business in Myanmar Mr Julian Chua, Deputy Director, OCBC Mr Chester Toh, Partner, Rajah & Tann, Myanmar ››Trends in Asia for 2018: Economic, Financial & Political Mr Manu Bhaskaran, Adjunct Senior Research, Fellow, Institute of Policy Studies Mr Antoine Chery, Head of Economic Service for ASEAN Countries, French Embassy in Singapore Mr Mark Keenan, Head of Commodities Research – Asia, Société Générale ››Succeeding at Mergers & Acquisitions in South East Asia and China: How to Identify Targets, Approach their Owners and Execute their Acquisition Mr Jacques Pickering, Managing Director, Pickering Pacific ››India, the Emerging Superpower; Capitalising on the India Opportunity Mr Germain Araud, Business Development Director, ASEAN, Altios & MD, Altios India Mrs Lisbeth Lanvers-Shah, Attorney-at-Law, Head of Indian Desk, DS Avocats ››Cultural Differences between French & Singaporean: Challenges and Best Practices Mr Pierre Duffié, French Teacher & Trainer, Alliance Française de Singapour ››Doing Business in Cambodia Mr Blaise Kilian, Deputy Director, Eurocham Cambodia Mr Guillaume Massin, Managing Director, DFDL Cambodia Mr André de Jong, Managing Director, Robert Bosch, Cambodia ››Chinese Digital Ecosystem & Trends - First Session Mr Sylvain Joandel, General Manager, Fabernovel Asia ››China’s Balancing Act Mr Tommy Xie Dongming, Economist, Global Treasury Research, OCBC Bank ››A Conversation with Mr Loh Chin Hua, CEO of Keppel Corporation ››M&A Landscape in India Mr Bimal Modi, Partner, Head M&A Transaction Services, Deloitte India Mr Ludovic Sichère, Business Development, Marketing & Strategy Director, Asia Pacific, Imerys
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Banking, Finance & FinTech Committee Activities ››Initial Coin Offering (ICO) Trend in Europe Mr Philippe Rodriguez, Founder, Avolta Partners Mr Christophe Doré, CEO, MoneyTrack ››The Robotic Process Automation Revolution Mr Pascal Bornet, Director, Intelligent Automation Leader, Asia Pacific, EY Mr Jayanth Jagadeesan, Partner and Senior Project Executive, IBM
The Banking, Finance & FinTech committee brings together CFOs, bankers and advisors of the financial sector to discuss topics of interest in the financial world.
››Stratégies de Développement du Patrimoine Financier et Immobilier lors de l’Expatriation sur un Plan Juridique Fiscal et Financier Mr Dominique Marchand, Founder, CMC International
Co-Presidents
››AI: A Game Changer for Businesses Mr Hamdi Mohammed, Managing Director, Financial Services, Accenture
››CFO Club - CFO Networking Night at O Comptoir and CFO Lunch at Xperience, SO Sofitel
Mrs Eve Bourdeau Orange Business Services
Mr Henri Hartloff, VP Sales, Taiger
Mrs Sonal Priyanka Société Générale Corporate & Investment Banking
Mr Shaun Ray, Head of Architecture ASEAN, Amazon Web Services
Mr Ludovic Sichère Imerys
Mr Tomasz Kurczyk, Director of Digital Transformation, AXA
Mrs Céline Le Cotonnec, Chief Data Officer, AXA Mr Jordane Rollin, Head of Digital Transformation for Trade Finance, Standard Chartered
››Doing Business in Myanmar Mr Julian Chua, Deputy Director, OCBC Mr Chester Toh, Partner, Rajah & Tann, Myanmar ››Visit of the Accenture Liquid Studio ››Succeeding at Mergers & Acquisitions in Southeast Asia and China: How to Identify Targets, Approach their Owners and Execute their Acquisition Mr Jacques Pickering, Managing Director, Pickering Pacific ›› Cash & Liquidity Management in Asia Mr Louis-David Rouyer, APAC Head of Payment & Cash Management, Société Générale Mr Arvind Kannan, Head of Corporate Cash Management, Singapore, Société Générale ››Une Stratégie Innovante de l’Investissement Immobilier : le Démembrement de Propriété Mr Patrick Roth, Founder & President, PR Conseil & Patrimoines (PRCP) Mr Baptiste Aurine, Partnerships Director, PERL ››Managing and Understanding the Key Market Risks of 2018 – Inflation and Interest Rates Mr Aaron Chia, Head of FX Dealing and Digital Solutions, Western Union Business Solutions for Singapore ››M&A Landscape in India Mr Bimal Modi, Partner, Head M&A Transaction Services, Deloitte India Mr Ludovic Sichère, Business Development, Marketing & Strategy Director, Asia Pacific, Imerys ››Visit of Singapore’s Fort Knox: Le Freeport Mr Christophe Numa, Managing Director, Bunker Gold & Silver Singapore
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Business Women Committee Activities ››Experience sharing by an Ironman Triathlon Athlete and Business Woman Mrs Nathalie Leger, Head of LVMH Regional Distribution Centre, Bollore Logistics ››The Power of Body Language Mrs Geraldine Gauthier, Founder, W2P Consulting The Business Women committee aims to give women a strong voice in the Singapore business community, enabling them to make a difference.
››Diversity in the Workplace: Benefits, Challenges and Solutions Mrs Rae Amarullah, Director in Global Supply Chain Planning, Schneider Electric Mrs Christine Rumble, Chief Talent and Culture Officer Asia Pacific, AccorHotels Mr Aurélien Sonet, Region Chair - Asia Pacific Region, Sodexo Services Asia
Co-Presidents Mrs Pascale Dillon Marriott Vacation Club International Mrs Emma Noguchi Mercuri Urval
››22-Year Journey Witnessing and Promoting Diversity at Alstom Ms Ling Fang, Managing Director for China and East Asia, Alstom ››Regular Women Entrepreneurs masterminds Each entrepreneur gets the opportunity to present her business and challenge and get the feedback and insights of other entrepreneurs. This accountability structure helps entrepreneurs keep focused and on track. ››L’Esplanade et son Architecture : Visite Guidée Mrs Ariane Nabarro, Singapour sur Seine
››supported events
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Digital Marketing & Communication Committee Activities ››A Talk with Google Mr Aurélien Pichon, Mr Ghislain Le Chatelier, Mr Thomas Bossy, Mr Alexis Hennequin, Mrs Florence Lecaille, Mr Nicolas Dussart ››Why Customers and Influencers are Better Marketers than your CMO? Mr Laurent Verrier, One9ninety and Narratrs The Digital Marketing & Communication committee organises meetings and breakfast talks on new tools and trends related to the marketing and communication sectors.
Mrs Alexia Sichere and Mrs Maelle Pochat, TryandReview.com Mr Antoine Gross, Synthesio ››Chinese Digital Ecosystem & Trends Mr Sylvain Joandel, General Manager, Fabernovel Asia ››Digital Strategy in APAC Travel Industry: Challenges & Best Practices Mrs Emilie Couton , AccorHotels Mr Pierre Charles Grob, Fastbooking
Co-Presidents Mrs Isaline Duminil JCDecaux Asia Mrs Mary Kon-Sun-Tack AccorHotels Mrs Emilie Tisserand Mediakeys Singapore
Mr Nicolas Ricard, Air France KLM Mr Charles Wong, Egencia ››Digital Marketing for Entrepreneurs (Q&A Session) ››Digital Marketing in Pharma: Turning Digital Marketing Data to Stories with AI Mr Joe Park, AVP, Nugit Mr Nicolas Bargas, Regional Digital and MCM Marketing Manager, Sanofi Pasteur
Mr Alban Villani Criteo
››supported event
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Energy & Infrastructure Committee Activities ››A Conversation with Mr Frédéric Barnaud, Group CEO of Pavilion Energy ››Developing and Financing Renewable Energy Projects in SEA Mr Philippe Wind, CEO, Actis Capital Partners Mr Hugo Virag-Lappas, CEO, Astris Finance Ms Samantha Campbell, Partner, Hogan Lovells Lee & Lee The Energy & Infrastructure committee aims to develop cooperation between companies, share information and encourage synergies and business opportunities in the region.
››A Conversation with Mr Loh Chin Hua, CEO of Keppel Corporation
Co-President
››Investment Opportunities In Batam Free Trade Zone - Indonesia Mr Pak Purnomo Andiantono, Director of Promotion and Public Relations BIFZA (Batam Indonesia Free Zone Authority)
Mr Marc Geniteau Total E&P Asia Pacific Mr Hugo Virag-Lappas Astris Finance Mr Philippe Wind Actis
Mr Allard Nooy, CEO, Infraco Asia Mr Nicolas Renon, LYS Energy Mr Olivier Duguet, The Blue Circle
Mr Edmund Lai, Head of Marketing, Gallant Venture Ltd ››HDB Centre of Building Research with EDF Lab Singapore Mr Guan Bian KOH, Deputy Director of Innovation & Technology Transfer Hub, Building & Research Institute, HDB Mr Maxime Cassat, Managing Director, EDF Lab Singapore ››Creating a Great Workplace by Design Mrs Mia Lindsey, Technical Director APAC FM Platform, Sodexo ››Optimising your Asset Lifecycle and Performance with ISO55001 Asset Management System Mr Rajiv AG, the Country Certification Manager for Singapore, Malaysia, & Brunei, Bureau Veritas ››Visit of the Solar Energy Research Institute of Singapore Dr Thomas Reindl, Deputy CEO, Solar Energy Research Institute of Singapore Ms Monika Bieri, Research Associate, Solar Financial and Economic Specialist, Solar Energy Research Institute of Singapore ››Site Visit: Vallourec’s PT Citra Tubindo, Batam Indonesia
››supported event
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F&B and Hospitality Committee Activities ››Monthly Luncheon Royale, L’Entrecote, Audace, Racines, Entre-Nous Creperie, Au Petit Salut, Bar-Roque, Bar-A-Thym, Jamie’s, Café Gavroche, Wine Connection ››Addressing the manpower crunch in Singapore Anu Shah - Co-founder and CEO of UShift - Southeast Asia The F&B and Hospitality committee represents a platform for players in the Food and Beverage industry to meet, network, exchange ideas and discuss common issues. It also aims to promote French Gastronomy in Singapore, by organising various French culinary events throughout the year.
Co-Presidents Mr Olivier Bendel Déliciae Hospitality Management Mr Antonin Pon The Vintage Wine Club
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Healthcare Committee Activities ››Collaboration Opportunities with MOHH on HI.TEC 2018 Dr Norman Wu, Director (Central Hub) Ms Joanne Chin, Deputy Director (Knowledge Integration & Development) Mr Seetoh Cheng Kuok, Senior Manager (Knowledge Integration & Development) Ms Phebe Lee, Executive, (Knowledge Integration & Development) The Healthcare committee promotes and represents the healthcare industry in Singapore and the region, providing a platform for information sharing between various sectors, including pharmaceuticals, biotechnology, medical devices and equipment, healthcare & wellness, and services.
››Breakfast Talk with Dr Raj Thampuran, Managing Director, A*STAR ››SmartHealth Meeting: Post-Launch Follow-Up ››Digital Marketing in Pharma: Turning Digital Marketing Data to Stories with AI. / Experience Sharing with Sanofi Pasteur Mr Joe Park, AVP, Nugit (Nugit.co) Mr Nicolas Bargas, Regional Digital and MCM Marketing Manager, Sanofi Pasteur ››Healthcare Networking Event
Co-Presidents Dr Philippe Guibert International SOS Mr Florent Mulatero Biomerieux Mr Emmanuel Montet Ipsen Pharma
››SUPPORTED EVENT Hi-Tec 2018
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Healthcare Committee Activities
symposium The Innovative and Digital Healthcare Leap Building on the launch of the Smart Health platform, an initiative by the French Chamber of Commerce in Singapore, the Smart Health Symposium, themed “The Innovative and Digital Healthcare Leap“, brought together a great range of actors in the healthcare and healthcare services space – industry players, research experts, stakeholders, partners, Singapore governmental agencies – to discuss together the latest trends, innovations, and collaboration opportunities in healthcare in the Singapore context. Organised in conjunction with the France-Singapore Innovation Year, there were over 200 participants across the healthcare value chain, to deliver the healthcare system of tomorrow. Following welcome remarks from Philippe Guibert, Co-President of the French Chamber Healthcare committee and H.E. Marc Abensour, Ambassador of France to Singapore, the Symposium kicked off with a plenary session with key experts. Speakers included: • Martin Hirsch, CEO of the Greater Paris University Hospitals (AP-HP), who shared on trends and developments in the world of hospitals • Danny Soon, Senior Director, Biomedical Research, A*STAR, who shared on the various activities of Singapore’s activities in scientific discovery and technologi-
cal innovation, from medtech to drug development and biomanufacturing, • Julien de Salaberry, CEO & Co-Founder of Galen Growth Asia, who shared on healthtech and the health start-up ecosystem in Singapore and Asia Pacific. Our speakers then convened for a panel discussion moderated by Kevyn Yong, Dean, ESSEC Asia-Pacific, with plenty of great questions fielded from the audience. With start-ups being key in this transformation journey, French and Singaporean start-ups and innovators were invited to present and showcase innovative healthcare solutions that they have been working on. • Neeraj Kothari, CTO, Cogniant, • Emmanuel Prado, CEO, Health2i, • Sumbul Nasim, Regional Clinical Research Manager, Obviohealth, • Grégoire Rastoul, CEO, UEX, and • Seng Ian Hao and Seng Ing Le, Founders of QaneMate Following a short networking break, participants broke off into 4 clusters, in each a dedicated programme targeting one of four axes and aspects of healthcare • Healthcare Accessibility & Affordability • Preventive Care • Value-Based Care & Innovation • Silver Economy & Seamless Care The exchanges were very fruitful and gave a lot of insights! Thanks to all!
In association with
French Chamber Annual Report 2017-2018 27
French Maritime Cluster Committee Activities ››Joint Networking Events ››A Conversation with Mr Loh Chin Hua, CEO of Keppel Corporation Mr Loh Chin Hua, CEO, Keppel Corporation ››One Belt One Road and its Impact on the Maritime Industry Mr Jason Chiang, Director of Ocean Shipping Consultants The French Maritime Cluster committee in Singapore (FMCCS) was created by The French Chamber with Cluster Maritime Français (CMF). The committee’s main goal is to promote the French maritime economy in the Asia-Pacific area.
››Kaombo Project Presentation, 2 Tankers Conversion in Singapore Shipyard Mr Nicolas Pretet, FPSO North Manager, Total S.A. ››CNIM the Pioneer Spirit Ms Eve Bonnardel, Asia-Pacific Business Development Manager for Defense & Security Market, CNIM ››Rencontre Exceptionnelle avec le Président du Cluster Maritime Français, Frederic Moncany de Saint-Aignan
President Mr Gilles Bonavita GB-Performance Vice-Presidents Mr Nicolas Sartini APL
››Submarine Cables: Discover the Foundation of your Connected Lifestyles Mr Raynald Leconte, CEO, Orange Marine Mr Laurent Font, Head of APAC Network Infrastructure, Orange Business Services ››DCNS, The French Know-How with Strong International Growth Mr Patrick Pennamen, Managing Director, DCNS Far East Asia
Mr Frédéric Vazzoler Total Marine Fuels
››supported event
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Human Resources Committee Activities ››Human Resources Challenges & Best Practices in the Service & Retail Industry in APAC Mr Thierry Ricard, VP HR East and South Asia & Pacific, Club Méditerranée Mrs Vanessa Iloste, VP Human Resource Asia, Sephora Mr Philippe Estreguil, Human Resources Director Asia Pacific, Sodexo The HR committee brings together HR Directors from multinational companies and HR professionals. They meet every month to exchange best practices and discuss HR trends and issues in the Asia Pacific region.
››Design Thinking for Real HR Change Mrs Angela Koch, Design Thinking Facilitator & Educator, Founder, Invitro Mrs Giorgia Madonno, Managing Director, Marco Polo Consulting ››Understanding Singapore’s Work Pass Framework to Optimise Recruitment Mrs Estelle Darrigade, Head of the Recruitment & HR, French Chamber Singapore Mrs Laetitia Lautode, Business Support Executive, French Chamber Singapore
Co-Presidents Mrs Juliette Rondeau Nokia Mr Paul Tran Pernod Ricard
››Is Repatriation One of the Challenges of Expatriation? Mrs Aude Beneton, Partner and Managing Director, Harmony Mobility Consulting Mr Minkyu Park, HRVP, SEA and Pacific, Air Liquide ››How to Attract, Retain and Develop Millennials Mrs Victoria Bethlehem, Head of Human Resources, Asia Pacific, Adecco Group ››Cultural Differences between French & Singaporean: Challenges and Best Practices Mr Pierre Duffié, French Teacher & Trainer, Alliance Française de Singapour ››Transform your Networking Skills Mr Don Rapley and Mrs Elizabeth Pickup, Directors, TYC Transform Your Conversations ››The Impact of Design on Workplace Culture Mr Thomas Choulot, Director of Business Strategy, Contrast Design Mrs Larissa Murphy, Co-Creator, Contrast Design ››22-Year Journey Witnessing and Promoting Diversity at Alstom Ms Ling Fang, Managing Director for China and East Asia, Alstom ››Hire Better and On-Board for Success Mr Emmanuel White, Co-Founder and Managing Partner, WeLinkTalent Mr Yves-Pascal Pelcener, Founder, Executive Transform International
››HR Club Exclusive events for HR Directors only ››supported event
››Diversity in the Workplace: Benefits, Challenges and Solutions Mrs Rae Amarullah, Director in Global Supply Chain Planning, Schneider Electric Mrs Christine Rumble, Chief Talent and Culture Officer Asia Pacific, Accor Hotels Mr Aurélien Sonet, Region Chair - Asia Pacific Region, Sodexo ››Hiring in Indonesia: HR and Legal Aspects Mr Emmanuel Costenoble, ProCapita Indonesia Mr Lucas Mascarade, DS Avocats ››Recruitment: How to Make your Intuition Count Dr Albert Nussbaum, Managing Director, Mercuri Urval Germany
French Chamber Annual Report 2017-2018 29
Legal & Tax Committee Activities ››Hiring in Indonesia: HR and Legal Aspects Mr Lucas Mascarade, LL.M - Attorney at Law, DS Avocats Mr Emmanuel Costenoble, Associate Director, ProCapita Indonesia ››Premiers reflexes en Propriété Intellectuelle sur la zone Asie du Sud-Est Mrs Stéphanie Leparmentier, Representative in South East Asia, INPI The Legal & Tax committee brings together professionals with tax and legal background and expertise. It aims to enable the exchange of information and to provide updates on legal topics and issues affecting business in the region.
Co-Presidents Mr Grégoire Barry-Delongchamps STMicroelectronics Asia Pacific Mrs Catherine Cottet Thales Asia Holding Mrs Doris Marcellesi Essilor Amera
››Legal Counsel Club - Networking Event at O Batignolles and Business Lunch at Xperience, SO Sofitel ››What Does Base Erosion and Profit Shifting (BEPS) Mean to You? Mrs Loise Jacquette, French lawyer, Associate, Luther LLP Mrs Heike Riesselmann (Dipl.-Kffr.), German Certified Tax Advisor, Manager International Tax Services, Luther LLP ››Doing Business in Myanmar Mr Julian Chua, Deputy Director, OCBC Mr Chester Toh, Partner, Rajah & Tann, Myanmar ››India, the Emerging Superpower: Capitalising on the India Opportunity Mr Germain Araud, Business Development Director, ASEAN, Altios & MD, Altios India Mrs Lisbeth Lanvers-Shah, Attorney-at-Law, Head of Indian Desk, DS Avocats ››Retraites Françaises : Comprendre les Règles et les Enjeux pour les Expatriés Mr Bruno Renardier, MD, Novelvy Retraite Mr Maurice Nhan, Novelvy Retraite Representative in Asia ››Managing Fraud Risk Mr Dmitry Kosarev, Director of Forensic Services, PwC Singapore Mr Daniel Fu, Director of Forensic Services, PwC Singapore ››Doing Business in Cambodia Mr Blaise Kilian, Deputy Director, Eurocham Cambodia Mr Guillaume Massin, Managing Director, DFDL Cambodia Mr André de Jong, Managing Director, Robert Bosch, Cambodia ››Trade Sanctions and their Impact on Business Mrs Julie Raneda, Counsel, Schellenberg Wittmer ››Risk and Contract Management – an Effective and Sustainable Way to Manage Projects Mr Santosh Kumar, Director and Head, APAC Region Solution Risk Management, Schneider Electric ››WIPO ADR Mechanisms for IP, IT and Technology Disputes Mr Olivier Marquais, Representative, World Intellectual Property Organization (WIPO) ››Actualités Fiscales et Stratégies Patrimoniales pour les Français Résidant à Singapour Mr Bertrand Cosson, Director, Banque Transatlantique, Paris Mr Jean-Frédéric Werup, Director, Banque Transatlantique, Paris ››GST Aspects of the logistics Services Industries and Imports of Goods in Singapore Mr Alexandre Gourdan, Attorney-at-Law, Luther LLP
30 French Chamber Annual Report 2017-2018
Luxury & Premium Retail Committee Activities ››Productivity Shifts and Trends for the Retail Industry in Asia Mr Noe Saglio, Co-Founder, Powata ››Counterfeiting & Trackability in the Luxury Industry What about Consumers? Dr. Anne-Flore Maman Larraufie, Founder SémioConsult®, Academic Director MS SMIB, ESSEC The Luxury & Premium Retail committee deals mainly with matters of interest to retailers and distributors in Singapore, from property market and real estate developments, to protection of intellectual property rights and counterfeiting.
››Why Customers and Influencers are Better Marketers than your CMO? Mr Laurent Verrier, One9ninety and Narratrs Mrs Alexia Sichere and Mrs Maelle Pochat, TryandReview.com Mr Antoine Gross, Synthesio ››Chinese Digital Ecosystem & Trends Mr Sylvain Joandel, General Manager, Fabernovel Asia ››Asian Millionaires Spending Behaviour in Singapore and Beyond Ms Amrita Banta, Managing Director, Agility Research & Strategy
President Mrs Emmy Tellier Swatch
››Malaysia’s Imminent E-tail Boom - Impact and Opportunity for Singaporean Companies Mr Fabian Boegershausen, Country Manager, Solidiance Malaysia
Co-Vice-Presidents
››Luxury & Premium Retail Networking Lunches
Mr Eric Festy Hermès
››SoChic goes Digital: visit www.sochic.sg
Mr Olivier Grometto Qingwa
French Chamber Annual Report 2017-2018 31
Research & Development Committee Activities ››Breakfast Talk with Dr Raj Thampuran, A*STAR Dr Raj Thampuran, Managing Director, A*STAR ››Site Visit: Accenture Liquid Studio Mr Sam Liew, Managing Director, Technology, ASEAN, Accenture Mr Daniel Gunawan, Managing Director, Technology, ASEAN, Accenture The Research & Development committee brings together R&D and R&T professionals. This platform allows for information and experience sharing, and aims to give greater exposure and visibility to the French scientific community in Singapore.
››SystemX: French Research Institute Forging New Public-Private Partnerships in Singapore Mr François-Xavier Lannuzel, Singapore Chief Representative, SystemX ››HDB Centre of Building Research with EDF Lab Singapore Mr Guan Bian KOH, Deputy Director of Innovation & Technology Transfer Hub, Building & Research Institute, HDB Mr Maxime CASSAT, Managing Director, EDF Lab Singapore
Co-Presidents Mr Laurent Fabry Digital Content Technologies Prof. Mounir Mokhtari CNRS - IPAL - Image and Pervasive Access Lab
››supported event
32 French Chamber Annual Report 2017-2018
Smart Cities Committee Activities ››DATACITY Programme Launch in Singapore with NUMA/Impact HUB Mr Joachim Vandaele, Managing Director, Impact HUB Singapore Mr Stanislas Verley, DATACITY Singapore ››Ground settlement monitoring from satellite images processing Mrs Blanca Payas, General Manager, Sixense Satellite The Smart Cities committee aims to identify and promote French expertise in Smart Cities in Singapore and to encourage the exchange of information about projects, ideas and best practices so as to improve synergies among member companies involved in the field of Smart cities.
››Journey toward the Smart Building of the Future Mr Chua Zi Jun, DP Architects Mr Ani Bhalekar, Head of Mobile and IoT, Accenture Strategy Mr Bharath Seshadri, Singapore-ETH Centre Mr Stéphane Monfort, Dragages Singapore Mr Damien Dhellemmes, Schneider Electric Mr Jérôme Audais, Kone Corporation
Co-Presidents Mr Antoine Gondard Dragages Singapore
››Outlook on Smart City at Iskandar Malaysia Exclusive session in Johor, Malaysia with site visits of Forest City and Medini. ››Site Visit: Singapore ETH Centre (SEC) and Future Cities Laboratory (FCL)
Mr Franck Martins STMicroelectronics Asia Pacific Mr Alexandre Parilusyan Dassault Systèmes Mr Franck Vitte Blue Solutions by Bolloré
››supported event
French Chamber Annual Report 2017-2018 33
Sourcing & Supply Chain Committee Activities ››How to Win through More Effective Distribution in Emerging Markets Mr John Talbot, CEO and Partner, Logistics Consulting Asia ››One Belt One Road and its Impact on the Maritime Industry Mr Jason Chiang, Director of Ocean Shipping Consultants
The Sourcing & Supply Chain committee aims to enable the sharing of information and experiences, create synergies across various industries and support French Chamber members who are active in sourcing, purchasing and supply chain.
››Investment Opportunities In Batam Free Trade Zone - Indonesia Mr Pak Purnomo Andiantono, Director of Promotion and Public Relation BIFZA (Batam Indonesia Free Zone Authority) Mr Edmund Lai, Head of Marketing, Gallant Venture ››Applying SCOR to Drive a Global Supply Chain Transformation: A Client Journey Mr Frederic Gomer, Managing Director, B2G ››Create your Customer Service Model to Unlock your Supply Chain Full Capabilities Mr Nicolas Miesch, Managing Director South East Asia-Pacific, EFESO
Co-Presidents Mr Alain Borne Remy-Cointreau Mr Bertrand Mazeraud Danone Mr Long Pham Schneider Electric
Mr Paul J Nelson, senior consultant South East Asia-Pacific, EFESO ››How High-Value Procurement Can Optimise your IT Organisation in 2018 Mr Cédric Dufour, Head of IT Optimization, Optimal Cost Mr Franck Germany, Procurement Consultant, Optimal Cost ››Joint Committee Networking Events ››Optimising your asset lifecycle and performance with ISO55001 Asset Management System Mr Rajiv AG, the Country Certification Manager for Singapore, Malaysia, & Brunei, Bureau Veritas ››GST Aspects of the Logistics Services Industries and Imports of Goods in Singapore Mr Alexandre Gourdan, Attorney-at-law (Paris Bar & New York Bar), Luther ››Singapore’s Logistics Industry Transformation Map Mr Lee Eng Keat, Executive Director, Economic Development Board
34 French Chamber Annual Report 2017-2018
Sustainability & Responsibility Committee Activities ››Developing and Financing Renewable Energy Projects in SEA Mr Philippe Wind, CEO, Actis Capital Partners Ms Samantha Campbell, Partner, Hogan Lovells Lee & Lee Mr Allard Nooy, CEO, Infraco Asia Mr Nicolas Renon, LYS Energy The Sustainability & Responsibility committee aims to promote French expertise in this topic, develop co-operation between Singaporean and French companies, exchange information and encourage synergies and business opportunities in the region.
Co-Presidents Mr Chee Kiang Lim Schneider Electric Mrs Mia Lindsey Sodexo Ms Lydia Wong Veolia ES Technologies
Mr Olivier Duguet, The Blue Circle ››How to Attract, Retain and Develop Millennials Ms Victoria Bethlehem, Head of HR, Asia Pacific, The Adecco Group ››Visit of the Solar Energy Research Institute of Singapore Dr Thomas Reindl, Deputy CEO, Solar Energy Research Institute of Singapore Ms Monika Bieri, Research Associate, Solar Financial and Economic Specialist, Solar Energy Research Institute of Singapore ››Your Sustainability Strategy under the Spotlight Dr Nadege Claudel, Managing Director, Reliability Consulting ››French Chamber CSR Day: Let's Clean the Beach, Together! ››22-Year Journey Witnessing and Promoting Diversity at Alstom Ms Ling Fang, Managing Director for China and East Asia, Alstom ››How to Develop a Corporate Giving Culture and How It Benefits your Company Ms Quek Shiyun, Deputy Director, NVPC on Company of Good Ms Winnie Tan, Head, Community Engagement & Sustainability, Standard Chartered Bank ››Innovative Sustainability Mr Peter White, Vice President and COO, WBCSD Mr Jean-Yves Broussy, VP Strategic Resource Cycles, Danone Mr Jasjit Singh Academic Director, INSEAD Social Impact Initiative Mr Luke Disney, Executive Director, INSEAD Centre for Social Innovation
››supported event
French Chamber Annual Report 2017-2018 35
Start-Ups & Entrepreneurs Committee Activities ››Meet the CEO New This 3-hour Meet the CEO programme provides a monthly opportunity to connect with a CEO of a large company: 6 companies handpicked by the CEO based on their relevance to his or her industry are each afforded a 25-minute one-on-one meeting.
The Start-ups & Entrepreneurs committee enables entrepreneurs to share their experiences, tips and tools to boost their businesses. The committee offers three programmes to support start-ups.
Mr Pascal Lambert, Group Country Head, Singapore/ Head, South East Asia & India, Société Générale Mr Damien Dhellemmes, Country President, Schneider Electric Mr Julien Esch, Managing Director, Dragages Singapore (Bouygues Construction) Mr Pierre Cheyron, CEO, ENGIE Services Asia-Pacific ››Experience Sharing Sessions Mrs Alexia Sichere and Maelle Pochat, Co-Founders, Try & Review Mrs Nathalie Leger, Bolloré Logistics
Co-Presidents Mrs Valérie Marin Distribution Asiatique Mr Eric Saint-André ASA Advisory
››supported event Slush Singapore 2017 2017 A Startup and tech conference that featured over 3,000 attendees from 74 countries with over 360 startups, 250 investors and 90 speakers. ‘How to Analyze a Pitch Deck: Applying Sun Tzu’s Art of War to Angel Investing’ a series of angel investing courses by Business Angel Network, South East Asia (BANSEA) Inter Association Networking Night 2018 Annual networking event hosted with the Association of Small and Medium Enterprises (ASME) and other Trade Associations and Chambers of Commerce.
››Meet with Business Angels A Panel Discussion with Craig Dixon, entrepreneur in residence for the Telstra-backed muru-D global accelerator Singapore programme and 3 business angels, Nicolas Moulin, Jean-Luc Anglada, and Julien de Salaberry. ››Grants for Start-Ups & SMEs in Singapore: How to Optimise and Secure your Access to Public Funding in Singapore Mr Qamarul Solihien, Workforce Singapore (WSG) Business Advisor with the SME Centre SMCCI Mr Mathias Boissonot, Consultant for the Productivity and Innovation Credit Scheme (PIC), GAC Group Mr Antoine de Montety, Consultant for Public Funding, GAC Group ››Founders of Small Businesses: Tips for Successful Negotiation and Agreement with Co-Founders and Investors Mrs Renee Kaddouch, PhD - Attorney at Law (Paris Bar), Foreign lawyer (Singapore) Managing Director, Genesis Avocats Singapore ››Toolbox Workshop Mr Don Rapley, Managing Director, Issential Training & Coaching Mrs Marie Nadal Sharma, Digital Mentor and Implementer, Them You & Me ››Regular Start-ups & Entrepreneurs’ Networking Meet-up Start-ups and entrepreneurs get to pick up business cards and meet new contacts, increase their visibility and exchange about their businesses, and share best practices and stay energized in a supportive environment ››Speed Networking between Entrepreneurs A speed networking evening to interact with others, in a series of 5-minute one-on-one meetings.
New
››French Start-Up Award In conjunction with the 5th Working Together Forum, the French Chamber organised the French Start-Up Award to recognise the achievements of the best start-up created by French founders in Singapore and encourage its development. The jury panel consisted of business professionals who were looking for innovation and the use of new technologies in the start-up, as well as its ability to grow. The jury had shortlisted 7 start-ups out of the 27 excellent candidatures… and the winner of the French Start-Up Award was Incomlend!
36 French Chamber Annual Report 2017-2018
Start-Ups & Entrepreneurs Highlights
Mentoring Programme
Our exchanges enabled me to finetune my business model thanks to a better understanding of global versus local issues in big companies.
››The Mentoring Programme The French Chamber offers a free Mentoring Programme. This oneon-one programme seeks to offer advice to French SMEs and French entrepreneurs who have already clocked in more than one year of activity in Singapore and are in the midst of developing their business in the region. Candidates who apply for this programme benefit from their mentor’s professional experience, contacts and advice over a period of 12 months. Mentors are either French trade advisors, board members or CEOs with expertise in the region.
A pitch session with valuable exchanges and questions that help us refine our business plan.
A great chance to speed up the professional development when arriving in a new country and impressive that it is a free initiative.
Business Accelerator Lab ››The Business Accelerator Lab Co-Presidents: Mr Olivier Grometto and Mrs Laetitia de Seroux
An amazing experience that confront my ideas and challenge me on my methodology, marketing, finance and business development objectives.
The Business Accelerator Lab is a free initiative to support and advise French startups via a single meeting between one entrepreneur and a panel of advisors. The group of advisors consists of successful entrepreneurs, professionals with valuable expertise in various sectors and functions, and individuals looking to personally invest in companies. Each month, the Accelerator Lab meets one entrepreneur who will present his/her business plan and challenges. The Advisors will give the Entrepreneur some recommendations and contacts to move forward.
$
Since the creation in 2015, more than 30 start-ups and entrepreneurs have been supported and advised by the Business Accelerator Lab and 30 advisors have joined our pool of experts. The latest start-ups that pitched: Health2i, Privachef, Instaroid, Optimal Cost, We are Caring, Bunker Group, Unmute Music, Alcheme, UEX, Beyond Design, Chab Events.
Business Opportunity Platform
››Business Opportunity Platform Start-ups, entrepreneurs, investors, future co-founders, business sellers and buyers, the Business Opportunity Platform is a helpful matching tool dedicated to the small business market specially designed to facilitate the finding of: - Co-founders to start a new business project; - Business Angels interested in investment; - Business buyers interested in new opportunities; - Projects to invest in; - Small companies to be sold.
French Chamber Annual Report 2017-2018 37
Tech & Innovation Committee Activities ››A Talk with Google Mr Aurélien Pichon, Mr Ghislain Le Chatelier, Mr Thomas Bossy, Mr Alexis Hennequin, Mrs Florence Lecaille, Mr Nicolas Dussart ››France Singapore ICT Awards 2017 ICT Networking Event The Tech & Innovation committee organises roundtables to tackle different IT topics, develop exchanges between ICT companies and ICT people in order to increase business, share technological knowledge and share know-how in the region.
Co-Presidents
››CIO Lunches Exclusive networking luncheons for CIOs only ››The Robotic Process Automation Revolution Mr Pascal Bornet, Ernst & Young & Mr Jayanth Jagadeesan, IBM ››Making Singapore The Global IoT Innovation Hub Mr Henri Bong, UnaBiz ››Modern approach to Continuous Integration and Continuous Delivery Mr Paul Julien Vauthier & Mr Andrey Bodoev, Zenika
Mr Cyril Ayoub EVA Group Asia Pacific
››APIs for Business Strategy Mr Mehdi Medjaoui, APIdays
Mr Benjamin Glemet Orange Business Services
››Blockchain Technology: Myths and Diversity Mr Dan Duong, Blockchain Expert
Mr Ludovic Mathé Credit Agricole CIB
››A Journey in IOT Guillaume Simenel, Head of Presales APAC, SIGFOX
Mr Andry Ramananantoandro Total Oil Asia-Pacific
CEO TECH CLUB ››CEO Tech Club Co-Presidents: Eric Barbier, CEO, Transfer To Denis Branthonne, CEO, Novade JC Bouglé, CEO, Powata
››supported event
38 French Chamber Annual Report 2017-2018
This exclusive club brings together French CEOs from the Tech Industry. The latest topics included Initial Coin Offering, Artificial Intelligence and exclusive talks with international CEOs.
Member Privileges Be it business or personal services, being a member of the French Chamber allows you to get the Privilege Card and enjoy exclusive offers from a wide range of member partners in Singapore and the CCIFI ones in France: ››Business to Business (B2B) Services ››Travel & Hospitality
››Retail & Lifestyle ››Wine & Dine ››Education
About the Card
80 participating member brands increase their business exposure for free by partner with us! All corporate members providing services or selling products can join our Member’s Privileges programme. As partners, they commit to giving French Chamber members a custom benefit or experience.
The Privilege Card is personal and is exclusively reserved to members of the network of the French Chamber of Commerce in Singapore. It gives access to many benefits with more than 80 participating member brands in Singapore and even more in France!
French Chamber Annual Report 2017-2018 39
Social & Networking Events
2017 Welcome to Singapore Over 300 newcomers and friends joined us for a relaxed networking session in the warm atmosphere of Sofitel Singapore Sentosa Resort & Spa.
2018 Innovation Gala Dinner
Organised in celebration of the dynamic partnership and strong business relations between France and Singapore, and held at the Ritz-Carlton, the French Chamber Gala Dinner brought together more than 550 eminent Singaporean and French guests under the patronage of our Guests-of-Honour, Ms Jacqueline Poh, Chief Executive, GovTech Singapore and H.E. Marc Abensour, Ambassador of France to Singapore.
40 French Chamber Annual Report 2017-2018
2018 Galette des Rois
Set amidst lush greenery in tranquil surroundings, the Grand Hyatt Singapore poolside restaurant Oasis offered a great atmosphere for this year’s Galette des Rois networking evening.
2018 French Chamber PĂŠtanque Tournament
A fun and little rainy day but outshined by the sporting attitude, team spirit and fair play of over 150 participants!
And many more networking nights!
InterChamber networking events, committee networking nights, etc.
French Chamber Annual Report 2017-2018 41
Business Support
37
company setups
134
companies supported in their business development in Singapore
40
companies exhibiting under French Pavilions
225
work permits and visas processed
750
one-to-one business information meetings
42 French Chamber Annual Report 2017-2018
Business Support at a Glance Make the Most of our Customised Business Services
Our goal is to accelerate the development of companies in the local market. Our service consists of a multicultural team, with an in-depth knowledge and experience of markets and practices, fed with our activities locally and a permanent flow of information sharing with members and partners of the French Chamber. This expertise allows us to provide a complete range of targeted business solutions under one roof, going from the company’s initial questioning about the market, to its set-up and development in Singapore and South East Asia. We have developed a full range of value-added business and corporate services for each activity and project thanks to: • more than 16 years of multi-sectorial experience; • our extensive network in Singapore (governmental agencies, professional federations, companies); • our close partnership with EDB, the Economic Development Board in Singapore; • our up-to-date databases; • our Asian network: we work closely with our network of French Chambers in Asia; • our French network composed of French Chambers, excellence clusters, and professional associates.
IDENTIFY BUSINESS OPPORTUNITIES
SET UP and RUN your COMPANY
ACCELERATE your BUSINESS
GET FINANCIAL help for your DEVELOPMENT
Assess potential market in Singapore, ASEAN, Asia and France
All-inclusive setup of your company structure
Enjoy our business centre services to boost your development
Diverse incentives and funds to strengthen your project
Set up your legal structure
Enjoy our plug and play and flexible solutions
Be domiciliated at the French Chamber
Take part in our mentoring programme and/or Business Accelerator Lab
Submit your project to our government partners and apply to qualify for incentive programs
Identify and meet new business connections through customised business missions Follow up with local contacts (post-missions) Be highly visible: exhibit under our French label with our French pavilions Look for/apply to be cofounders or investors with our business opportunity platform
Apply for visas for foreign professionals Delegate administrative services such as payroll Get introduced to professional legal partners
As a member, benefit from our wide network Choose us to host your VIEs (French governmental program for international business development)
Get introduced to financial private partners like Business Angels and Venture Capitalists Check your eligibility for tax deduction schemes with professional tax and financial partners
French Chamber Annual Report 2017-2018 43
Identifying Business Opportunities Business Missions: Finding the Right Partners
The French Chamber team supports companies based in France in planning and optimising their business trips to Singapore and the region or to France respectively, to expand their business opportunities.
France → Singapore Companies based in France and companies already established in Singapore can benefit from these France to Singapore commercial services. Commercial assistance for companies
1. Dedicated individual or collective business missions and follow-up
Companies enter the Singaporean market and Asian markets efficiently thanks to our expertise and networks. 9Identification 9 of and meeting organisation with potential business partners 9Prospection 9 based on client requirements. We: - create a short list of top contacts according to client’ specifications; - contact them directly to assess and create interest in our client’s products or services; - organise targeted meetings. 9Option 9 to have a professional to accompany our clients to ease their meetings 9Follow-up 9 option available after the mission Business Mission Sectors in 2017/2018 + MISSION PERFORMANCE 17/18 We are very satisfied with the appointments obtained and the assistance to the meetings: deadlines respected, organisation, quality of contacts, reactivity. There is a real hunting job to convince good people to meet us. We identified potential development opportunities in Singapore and in the APAC region.
Jimmy Doan Astrakhan Innovation Management
Art
Cosmetics
IT
Building
F&B
Retail
Communications
Healthcare
Transport
2. Business relationship support
Thanks to our local presence and strong intercultural knowledge, we help companies with their contacts in Singapore. 9Subject 9 identification with a meeting call with the company 9Contacting 9 of the identified person for finding out more about the situation 9Reporting 9 to the company about the necessary next steps Learning expedition programmes Institutions, excellence clusters, business schools, and other similar entities organise learning expeditions for delegations, business executives or students with our support. Based on required specifications and thanks to our wide network, we design the program including professional conferences, industrial and cultural site visits, as well as networking events and pitching sessions in front of local SMEs and MNCs. As a recognised institution in Singapore, we have access to targeted companies, institutions and their decision makers.
44 French Chamber Annual Report 2017-2018
Singapore → France Local Singaporean companies on their own or within a delegation might want to explore the French market, identify and meet new suppliers, get in touch with French companies, or find investment opportunities. With a strong market knowledge and a substantial French network, we provide assistance services like business missions, business relationship support and learning expedition programs using a process similar to the one presented above. Cosmetic360 in Paris - Singaporean companies
Business Opportunity Platform
The Business Opportunity Platform is a helpful linking tool dedicated to the small business market for business sellers and buyers, investors and entrepreneurs, future co-founders. It is designed to facilitate the finding of small companies to be sold, business buyers interested in new opportunities, Business Angels, projects to invest in, and co-founders to start a new business project.
New
French Pavilions at Singapore Trade Shows: Being Highly Visible with France Label Singapore is a regional hub, ideally located for reaching Asia PaciďŹ c markets.
In 2017, it played host to many renowned and high-footfall trade shows and exhibitions, including BroadcastAsia and CommunicAsia. Companies can benefit from the French Chamber’s exhibition expertise so as not to miss out on business opportunities. We offer: 9Stand 9 packages within premium design at optimised cost including logistic support, comprehensive administrative assistance, event communication support; 9A 9 dedicated person from the French Chamber supports exhibitors before and during the event; 9Grouping 9 our French exhibitors under one large French pavilion, benefit our clients and allow us to offer advantages including prime location, higher visibility and customised booth sizes capabilities; 9During 9 the exhibition period, we organise networking events and business missions on-site enhancing to optimise our exhibitors visit-business travel. The ICT Awards ceremony hosted during the BroadcastAsia and CommunicAsia is an event rewarding a breakthrough innovation with over 200 attendees and a top 10 IT companies jury. Participation to international trade shows with assistance from the French Chamber enables participating exhibitors to enhance their visibility within Asia, expand their business activities and meet potential partners.
French Chamber Annual Report 2017-2018 45
Company Setup MNCs, SMEs and entrepreneurs from any sector of operation take advantage of our expertise, up-to-date knowledge of Singapore’s regulations and local connections to set up and run their company here and, apply for visas.
Special attention and focus on entrepreneurs
A special offer: The Entrepreneur Package, designed to suit their development needs A dedicated contact person within the French Chamber team.
Setting Up a Company
9In-depth 9 study of the legal and regulatory implications of your project 9Advice 9 on the most suitable type of structure
Our team assists companies in the different steps required to set up their business with reliable partners: 9Set 9 up of a representative ofďŹ ce or a private limited 9All 9 statutory requirements provided 9Assistance 9 for the opening of a corporate bank account (for private limited companies) 9Use 9 of our address for incorporation 9Visas 9 application Company Setups in 2017/2018
by employee number
by sector
Start-up
50-199
Art & Entertainment
Industry
1-9
200-1000
Consulting
Interior Design
10-19
>2,000
Corporate services
IT Services
Energy
Marketing
Finance
R&D
F&B
Software publisher
20-49
46 French Chamber Annual Report 2017-2018
Secretarial Services
We take care of small entities for administrative tasks such as payroll.
Visa Application
With more than 230 successful visa applications per year, ranging from Employment Pass, Dependant Pass, Letter of Consent and Long-Term Visit Pass, the French Chamber of Commerce provides customised professional and proficient advice for each client, based on these successful experiences.
Meetings in France Singapour Business Tour
The Singapore Business Tour is a unique opportunity for any company in France to test the suitability of its implementation project or its export offer with Singapore and South East Asia, a must study destination. Throughout the year, the French Chamber organizes and hosts events in France with its network of 100 partners, actors of international development: Chambres de Commerce et d’Industrie (CCI), excellence clusters, business clusters, development agencies, investment agencies, professional federations, etc. Each event takes the form of: 9A 9 conference on a given theme 9A 9 workshop on corporate projects 9A 9 speed meetings session 9A 9 breakfast talk with legal, tax, commercial or technical experts working within the companies based in Singapore and Singaporean government agencies In 2017/2018, Singapour Business Tour went 10 times in France, met 175 companies and attended 20 B2B meeting days. Overseas Meetings
French Chamber Annual Report 2017-2018 47
Business Centre A Platform to Accelerate Integration and Development
The Business Centre is a platform that allows our members to meet companies, to promote business, expand business contacts, exchange ideas and share experiences and common concerns. On site, hosted companies take advantage of sectorial committees, more than 100 networking events per year, Asia business development workshops and regular get together for our tenants, as well as the access to all the business services deployed by the French Chamber. Integrated with the French Chamber’s team, every company using our premises benefits from this proximity. 40% of the hosted companies renewed their contracts and ¼ have rented 2 offices or more at the same time.
A Conducive, Well Located Environment
Spacious and modern office spaces on Orchard Road are available for companies to carry out their business activities in Singapore. These offices feature ready-to-use services and facilities in the heart of Singapore, at a preferential rate. To cater to growing requests, the French Chamber expanded the Business Centre space available for rent in 2014..
Business Centre Services
1. An exclusive address on Orchard Road to start business in Singapore straight away 99A unique ecosystem in a strategic location 99Flexible service agreement contracts with durations adapted to company needs (3, 6, 12, 24 months) 99Plug-and-play solution for 19 closed offices and 12 open spaces that can accomodate up to 50 people 99Receptionist to handle visitors and phone calls 99Free access to our meeting rooms (4-5 people) 99Conference room (20-30 people) at a preferential rate 99IT support to handle WIFI, internet and printer connections 99Photocopier / printer, personal phone, daily newspapers, equipped pantry and other services 2. Domiciliation / Virtual Office with our address on Orchard Road, available to interested local companies
The easiest solution for VIEs: a turnkey service in Singapore
Tutor for VIEs (French governmental programme for international business development) Implementation and visa application Experience sharing with other tenants in a professional environment In situ services that enable the VIE to meet and expand business opportunities
The Easiest Solution for VIEs: A Turnkey Service in Singapore
We provide a tutor for VIEs and domiciliation services. 9Implementation 9 of the subsidiary 9Visa 9 application 9Experience 9 sharing with other tenants in a professional environment 9In 9 situ services that enable the VIE to meet and expand business opportunities
Develop in Asia with our Regional Support
Workshops on business development in Asia provide support and advice to our hosted companies thanks to professional testimonies on best practices. They highlight other Asian country practices through interactive workshops with our Asian French Chamber Business Centre partners. Companies planning business trips around the region can benefit from the French Chambers of Commerce in Asia and build strong connections through a prominent global network of French and foreign companies. Every month, our tenants can occupy available office spaces for free for one day in any Asian French Chamber business centre.
48 French Chamber Annual Report 2017-2018
Business Centre French Chamber Tenants
Company Testimonials At the business center, we always have the opportunity to meet other people from other horizons. Addressing Asian markets from Singapore, it is important to discuss, it brings emulation and new ideas too.
Cedric Amsellem Singapore Office Manager PM Progress Asia
We chose the French Chamber because we wanted to benefit from the French network which is quite active here. You can participate in organised in-house events and take advantage of the mentoring programme.
Fu Chang Tran Business Development Manager VIE for LINKBYNET
French Chamber Annual Report 2017-2018 49
Business Centre 10 Reasons Why You Should Choose the French Chamber’s Business Centre 1
2
3
4
5
A business development platform
A reactive team at your service
IT support for internet connection
Easy and fast access to public transport
Full package with Internet, Wi-Fi, phone
6
7
8
9
10
Professional and prestigious image in the heart of Singapore
Friendly and dynamic atmosphere
Reliable and efficient receptionist service in English
Quick and easy plug-and-play setup
All business support services on site
French Chambers Around the Region BANGLADESH
TAIWAN
HONG KONG
Business Centres in Asia 1
SINGAPORE
Visa applications 2
Office rental 3
Meeting room rental 4
Domiciliation 5
Local business developement 6
VIE hosting and mentoring
50 French Chamber Annual Report 2017-2018
Thanks to the French Chambers’ extensive network, companies are welcomed in most countries in Asia Pacific and can look forward to coordinated support throughout the region thanks to the French Chamber of Commerce in Singapore.
positions filled
205
job offers received
1,000
candidates interviewed
HR Services
76
HR Services at a Glance Your Partner in Talent Acquisition and Development Our Human Resources Service was created in 2004 and holds an Employment Agency licence granted by Singapore’s Ministry of Manpower (MOM), which allows us to act as a recruitment agency. The whole team of recruitment professionals is certified by the MOM. Our activity has been growing continuously and we have tripled the number of offers and placements since 2012. We assist clients with our four main activities: 1. supporting them in their recruitment exercises (permanent, contract staffing, internship); 2. assisting French nationals or Francophones in their job search via; 3. providing training through access to our programme, workshops and advice; 4. running the Chamber’s HR Club & HR Committee.
Recruitment for Companies We offer support and advice in the recruitment process by defining positions, referring candidates matching requirements after interviews and establishing a shortlist of candidates and guaranteeing tailor-made follow-up for all your recruitment matters (visa application...). Our HR Services department also gives advice on HR issues such as salaries, profiles, and mobility.
Our Strengths
• A database of multicultural and multilingual profiles: we cover local and foreigner staff from entry to senior level in all sectors • Competitive rates for members and no retainer fee • Our network and great referrals • Our experience and expertise in recruitment
Company Testimonials The French Chamber recruitment team has helped Trescal expand its business in Singapore by providing motivated and skilled employees. They have targeted the right candidates based on our requirements but also by giving us their insights and experience of similar cases so that we could better understand the local recruitment market.
Vincent Blondel CFO-Singapore, Trescal
The recruitment Team of the French Chamber was always helpful and reachable, providing our company with top talent for our different projects. They totally understood our needs and met some difficult deadlines. They are very professional and I would definitely work with them again.
Valerie Servant Managing Director, EOAsia The French Chamber’s HR team has given us a direct, proactive, and personalised approach to our recruitment process. The team really took the time to have a better understanding of our needs. They were detailoriented and organised. With an extensive network, the Chamber’s HR Team managed to provide quality candidates with multicultural backgrounds, which is exactly what we require in this melting pot of a country.
Emmy Tellier Vice President, The Swatch Group SEA
52 French Chamber Annual Report 2017-2018
I have been working with the HR department of the French Chamber for more than four years now and I am always keen to recommend their services! On top of being friendly, the team is helpful and committed, always trying to find the right candidate. I would also highlight the great follow-up.
Jean-Baptiste Calais South East Asia & Oceania Business Unit Manager, Albatross CX
Assisting French Nationals and Francophones in their Job Search The French chamber assists French nationals in their job search and career development on the Singaporean market. We provide information and advice on the local labour market, as well as help setting up the strategy for a more efficient job search. Moreover, we maintain a database with French, international and Singaporean candidates and help them finding jobs in our client and member companies. The HR department is also developing relationships with Business Schools in order to expand their candidates’ database but also give an understanding of the market to young graduates in order to give them more chance on the market.
Workshops Our Programme
For French candidates looking for a job, our workshops are a great place to start. With a focus on overcoming job search challenges in Singapore, the workshops can help to learn how to: 1. Adapt the resume and LinkedIn to the local market 2. Improve the effectiveness of the Networking 3. Answer interview questions with confidence 4. Make good career choices RESUME
Our Coaches
Our coaches are all certified and experienced in career development facilitation, human resource, psychology, counselling and/or coaching: Aude Beneton, Harmony & Mobility Consulting; Clemence Blondel, Creative Leadership in Asia; Marie-Liesse Calmejane, MLC Consulting; Marie-Laure Caille, The Human Factor; Geraldine Gauthier, W2P Consulting.
HR Committee & HR Club HR Committee
Exclusive to French Chamber members, our HR committee meetings give you access to industry-specific information as well as opportunities to network and exchange with industry peers.
HR Club
More than a professional network, the HR Club acts as a community for international human resources from different companies to come together to share their best practices. The HR Club also provides the opportunity to bring together members’ experience to give a broader knowledge base, improve processes as well as coming up with new ideas and directions in the APAC region.
French Chamber Annual Report 2017-2018 53
Communication
12,909 monthly users on the website
+10% unique users on the website
+60%
followers on the French Chamber LinkedIn page
6,000
+
fans of the Facebook So Chic page
54 French Chamber Annual Report 2017-2018
Communication Platforms A range of communication platforms – both print and digital – and social media for a dynamic range of activities
Focus magazine FOCUS
The Magazine of the French Chamber of Commerce in Singapore
Issue 65
|
www.fccsingapore.com
Wheels in Motion R e a d y ? S t a r t - U p Go!
FOCUS
The Magazine of the French Chamber of Commerce in Singapore
Issue 64
|
www.fccsingapore.com
With a Thirst for the Future A Snapshot of Singapore’s Start-Up Landscape Supporting Start-Ups, Sussing Out Customer Insights
In The PInk
OFC with spine.indd 1
10/1/2018 5:49:04 PM
of healTh on The lITTle
Red doT
Innovating for the patient
Frequency: 3 issues a year Circulation: 4,000 copies The quarterly magazine FOCUS, published in print and online, provides highquality content with a cover story dedicated to a specific theme in each issue, featuring interviews, articles and also a roundup of the various activities and events of the Chamber. Also available in digital
Consultations Just an App Away Anatomy of Collaboration in Pharma and R&D
OFC with spine.indd 1
FOCUS magazine
11/9/2017 6:10:38 PM
Directory French Chamber Members’ Directory Frequency: Once a year Circulation: 1,500 copies
The Members’ Directory represents a precious tool not only for our members but also for those passing through Singapore on business and who need an insight on our dynamic business community in Singapore.
French Chamber Online Directory The online Members’ Directory has been revamped and expanded, with in-depth company profiles and multimedia content in searchable design, to make it easier for people to find and contact businesses.
e-Newsletters
Weekly Link
France Singapour Express Frequency: Bimestrial Circulation: 4,600+ recipients
Frequency: Quarterly Circulation: 4,400+ recipients
Our Weekly Link is sent out every Monday to our members and it contains the latest business and members news as well as all upcoming Chamber events.
This bimestrial newsletter in French is sent to French executives and managers based in France or Singapore and it provides news and updates on business in Singapore.
JobLink is the newsletter of the Human Resources department of the Chamber which provides a selection of talents available in Singapore.
Frequency: Weekly Circulation: 4,400+ recipients
Job Link
French Chamber Annual Report 2017-2018 55
Communication Platforms Websites gala.fccsingapore.com
www.fccsingapore.com Monthly users 12,909 (+10%) Monthly sessions 18,342 (+8%)
New
New
www.smart-health.sg
sochic.sg
Social Media The Chamber has been increasingly active on social media including LinkedIn, Twitter and Facebook.
French Chamber Singapore
French Chamber App
Gain quick access to up-todate member information, upcoming events, privileges including new deals added along the year.
56 French Chamber Annual Report 2017-2018
Followers 3,400+ (+60%)
Likes 1,500+
FrenchChamberSG New
“French Chamber of Commerce in Singapore” Find out about “Developing in Asia with the French Chamber in Singapore” and more
Likes 6,000+
sochicfrenchguide New
Our Asia Network A Powerful Network to Support your Growth in Asia
Every year, all the French Chambers of Commerce in Asia gather for their annual meeting. Growth and dynamism can define this powerful network, which has become one of the most influential in the region. This year’s meeting was held in Manilla, the Philippines, and focused on business support services. Several action plans were discussed to enhance coordination between the Chambers in Asia.
Singapore and Beyond
Thanks to its strategic location in Asia, the French Chamber of Commerce in Singapore plays a key role in accompanying French companies in Singapore and beyond. The French Chamber aims to enhance its collaborations with the French Chambers of the region and many initiatives recently launched illustrate this trend. The French Chamber Business Support regularly coordinates regional missions by tapping into this dynamic network. French companies then have the possibility to extend their business mission beyond Singapore to explore additional business opportunities. We welcome representatives and experts from Southeast Asia on a regular basis to share the business practices and, hence, help our members expand their business in this fast-growing region. Last but not least, we organise several business missions for our members in neighbouring markets, such as Malaysia and Myanmar.
58 French Chamber Annual Report 2017-2018
External Relations Partners in Singapore
French Institutions
The French Chamber has a close collaboration with the French Embassy, the Regional Economic Service, Business France, the Institut Français and the Consular section. We also work on a regular basis with the following partners and organisations: ››French Trade Advisors ››Alliance Française ››Association Française de Singapour ››Lycée Français de Singapour ››French Alumni
Singapore Authorities & Institutions Economic Development Board (EDB) This strong organisation is very supportive of the French Chamber’s actions and recognises our Chamber as an incubator of French SMEs willing to settle in Singapore. Singapore Business Federation (SBF) The French Chamber is a member of SBF and regularly joins forces with them on business missions, events or publications. Other Organisations The French Chamber works with numerous Singapore government agencies and business associations. EuroCham and European National Business Groups in Singapore The French Chamber is an active member of EuroCham. Joint Initiatives with Other Chambers of Commerce in Singapore
Partners in France CCI France International
The French Chamber is a member of CCI France International. Founded in 1907, it brings together 120 French Chambers in 90 countries, which together represent the largest private network of French companies in the world. Its mission is to act as a network coordinator circulating information, cooperation and know-how, promoting its members to the business networks in France and providing some specific services. The French Chamber participates twice a year in seminars, once with all the Directors of all international French Chambers and once with the Directors of the French Chambers in Asia, for experience-sharing. The French Chamber also collaborates on a regular basis with a number of CCIs in France and is proud to be part of this network, helping French SMEs to internationalise.
French Ministry of Foreign Affairs
The French Chamber continues its mission of assistance to French citizens willing to find a job in Singapore.
French Chamber Annual Report 2017-2018 59
Financial Report The financial statements for the year ended 31st December 2017 have been audited by Wellton & Trent Pac.
Statement of Comprehensive Income For the financial year ended 31st December 2017
2017
2016
S$
S$
Membership subscription
954,623
856,647
Self-financing activities
104,658
171,152
1,001,733
1,159,861
HR activities
376,149
418,573
Total revenue
2,437,163
2,606,233
Other income
201,613
147,963
2,638,776
2,754,196
-2,613,170
-2,567,848
Operating surplus before income tax
25,066
186,348
Taxation
-2,122
-17,509
Net surplus for the year, representing the comprehensive income for the year
22,944
168,839
Income
Business service activities
Less expenditures
Members can request a copy of the Audited Report and Accounts by contacting Nadège Rousset at finance@fccsingapore.com
60 French Chamber Annual Report 2017-2018
French Chamber Annual Report 2017-2018 61
The French Chamber of Commerce in Singapore 541 Orchard Road #09-01 Liat Towers Singapore 238881 Tel: +65 6933 1350 Fax: +65 6933 1398 info@fccsingapore.com www.fccsingapore.com