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Celebrating productivity excellence

SBF's annual productivity awards honour eight businesses for achieving significant results.

From left: Yap Ng Seng (deputy chief executive officer, YHS (Singapore) Pte Ltd), Glenndle Sim (chief executive officer, Mencast Holdings Ltd), Poh Key Boon (executive director, Poh Tiong Choon Logistics Limited), Kay Kong Swan (chief executive officer, integrated logistics, CWT Limited), Lawrence Leow (honorary treasurer, Singapore Business Federation), Lim Hng Kiang, Minister for Trade and Industry (Trade), Charles Wong (chief executive officer, Charles & Keith (Singapore) Pte Ltd), Jacqueline Tan (executive director, Jumbo Group Limited), Patrick Scodeller (chief operating officer, M1 Limited), Simon Bell (general manager, Singapore Marriott Tang Plaza Hotel)

AS Singapore's economy matures and enters a slower growth phase, future economic expansion will have to be strongly supported by productivity gains. The country faces a tight labour market and manpower costs are rising. Raising productivity is therefore critical for businesses to maintain their