February 13, 2015

Welcome 2015 Seminar Provides Diverse Insights for Home-grown Entrepreneurs
For immediate release


SINGAPORE: 13 February 2015 ─ Invited guests and members of the public attended the Welcome 2015 seminar held on 2 February 2015. Jointly organised by the Chio Lim Stone Forest group and DBS Bank, the seminar celebrated Singapore's SG50 milestone, acknowledged the economic contributions of Singapore's pioneer entrepreneurs, and recognised the importance of unlocking future entrepreneurial potential through a lively debate fuelled by perspectives from two diverse and highly respected panels of speakers.

The seminar, titled "SG50: Building the Foundation for Home-grown Entrepreneurs for the Next 50 Years", drew overwhelming consensus that Singapore's future economic success depended on the ability of local entrepreneurs to innovate, survive and thrive. This meant being hard-headed to re-examine one's personal traits and reflecting on the sustainability of a domestic-centric business model. It also meant taking greater risks and seizing opportunities to make a name and establish a global footprint.

Both panel discussions explored controversial issues that challenge today's entrepreneurs. Panellists shared their views on passion, ambition, courage and knowledge as the requisite qualities for success.

Discussions also included ways to inspire positive 'greediness' in the next generation for encouraging entrepreneurship, how to balance commercial pursuits with social responsibilities, as well as how to be bold, thinking big and not allowing setbacks to dampen the entrepreneurial spirit. Another interesting perspective was the need for entrepreneurs to build their opportunity quotient and in doing so, level up and overcome threats to business success.

The interactive seminar was a resounding success, with many participants expressing satisfaction with the deep insights gained from the panel discussions.

Panellists:

  • Eric Low See Ching, Deputy CEO and Executive Director, Oxley Holdings
  • Ho Geok Choo, CEO, Human Capital Singapore
  • Loke Wai San, Founding Partner and Managing Director, Novo Tellus Capital Partners
  • Lim Lee Meng, Senior Partner, RSM Chio Lim
  • Andy Chaw, Founder and CEO, Star 360 Holdings
  • Fang Koh Look, Executive Chairman, Absolute Kinetics Consultancy
  • George Tan, CEO and Managing Director, Asiatic Group


Speakers:

  • Pauline Quah, Executive Director, SME Banking, DBS Bank
  • Victor Tay, Chief Operating Officer, Singapore Business Federation


Facilitators:

  • Tay Woon Teck, Head of Advisory, RSM Chio Lim
  • Sovann Giang, Senior Director, RSM Chio Lim


Topics covered:

  • Igniting possibilities from past to future
  • Singapore in the next 50 years. What will it take for Singapore businesses to succeed?
  • Supporting early stage enterprises – building a conducive infrastructure to grow our home-grown entrepreneurs
  • Showcasing and celebrating entrepreneurial success stories


About Chio Lim Stone Forest
The Chio Lim Stone Forest (CLSF) group is the largest accounting and business advisory group outside the Big 4 in Singapore, with a total staff strength of over 850 in Singapore and 320 in Shanghai, Beijing, Suzhou, Shenzhen, Chengdu and Hangzhou. Our reputation is built on technical competence, proactive client servicing and a commitment to uncompromising integrity, professionalism and high standards of service.

We are the Singapore member of RSM International, the world's 7th largest accounting and consulting network, with 732 offices in 112 countries. Member firms are well-established practices of high local standing, often ranking within the Top Ten in their respective countries.

For more information, please visit www.StoneForest.com.sg.

About DBS
DBS is a leading financial services group in Asia, with over 250 branches across 17 markets. Headquartered and listed in Singapore, DBS has a growing presence in the three key Asian axes of growth: Greater China, Southeast Asia and South Asia. The bank's capital position, as well as "AA-" and "Aa1" credit ratings, is among the highest in Asia-Pacific. DBS has been recognised for its leadership in the region, having been named "Asia's Best Bank" by The Banker, a member of the Financial Times group, and "Best Bank in Asia-Pacific" by Global Finance. The bank has also been named "Safest Bank in Asia" by Global Finance for six consecutive years from 2009 to 2014.

DBS provides a full range of services in consumer, SME and corporate banking activities across Asia. As a bank born and bred in Asia, DBS understands the intricacies of doing business in the region's most dynamic markets. These market insights and regional connectivity have helped to drive the bank's growth as it sets out to be the Asian bank of choice. DBS is committed to building lasting relationships with customers, and positively impacting communities through supporting social enterprises, as it banks the Asian way. It has also established a SGD 50 million foundation to strengthen its corporate social responsibility efforts in Singapore and across Asia.

For enquiries, please contact:
Valencia Teo
Director, Group Marketing & Communications
Chio Lim Stone Forest group
valenciateo@stoneforest.com.sg
D +65 6594 7813
F +65 6594 7761

Jared Heng
Senior Executive, Group Marketing & Communications
Chio Lim Stone Forest group
jaredheng@stoneforest.com.sg
D +65 6594 7956
F +65 6594 7761

Grace Ngoh
Vice-President
DBS Bank
gracengoh@dbs.com
D +65 6878 5325
M +65 9776 0789

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