A Resounding Success: The 2023 Singapore Business Show - MIDA | Malaysian Investment Development Authority
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A Resounding Success: The 2023 Singapore Business Show

>State Oversea News>A Resounding Success: The 2023 Singapore Business Show

A Resounding Success: The 2023 Singapore Business Show

MIDA Singapore was honoured to be one of the exhibitors at recent Singapore Business Show, held at the Singapore Expo from 30-31 August 2023. Running for the second year, the show featured over 200 exhibitors showcasing the latest products and services, and 250 speakers including keynotes from industry giants like Shopify, Google and Grab. This event provided entrepreneurs with a comprehensive platform to kickstart or expand their businesses. The show witnessed a vibrant and dynamic gathering of 7,776 key visitors from a diverse range of sectors. Notably, this year’s attendees and participants saw a significant rise in international representation, surging from 23% to 39% compared to the previous year. This increase underscores the Singapore Business Show’s appeal to both local and overseas business communities.


The Singapore Business Show, launched in 2022, stands as the premier event for entrepreneurs, business owners and start-ups in Asia. The event was organised by Fortem International, a multi-award-winning global trade exhibition organiser, headquartered in the UK. With a distinguished 25-year legacy, The Business Show offers a unique two-day programme for thousands of entrepreneurs, business leaders, and decision-makers to convene and inspire one another. Following its successful implementation in Europe (The Business Show UK), the event’s organisers introduced it to Asia last year, designating Singapore as the programme’s epicentre in the region.


Last year, MIDA was invited to be the Supporting Partner together with other prominent partners namely, Singapore Airlines, British Chamber of Commerce Singapore (BritCham), Asia Business Outlook Magazine, Oxford Business Group and more.


This year, MIDA Singapore received overwhelming enquiries from key visitors spanning various sectors. The very encouraging response and potential investment leads in niche sectors such as technology solutions, artificial intelligence, advanced machinery equipment, blockchain, healthcare, and digital technology are positive indicators of interest and potential growth areas for investment and collaboration between Malaysia and Singapore. These innovative solutions showcase tremendous potential to revolutionise existing processes and create new ones, ushering in a new era of efficiency and productivity across industries. Additionally, there has been a notable uptick in leads for regional operations such as Representative Office, Regional Headquarters and IT Shared Services. These sectors align with global trends toward digitalisation, innovation, and advanced technologies, often presenting opportunities for cross-border partnerships and investment.

MIDA Singapore made significant mark at the event, putting forth every effort to engage and facilitate companies in exploring business opportunities in Malaysia.



Interview by Global Investment Impact Alliance Pte Ltd

During the event, Mr. Vinothan Tulisinathzan, Director of the MIDA Singapore was delighted to share valuable business insights. This proactive engagement and knowledge-sharing undoubtedly captured the interest of companies and potential investors, encouraging them to explore the abundant business opportunities awaiting in Malaysia.


Overall, the event was successfully organised and drew substantial attention and participation from both local and international guests. The MIDA information booth was adeptly managed and received a number of interests from the visitors who were keen to know more about MIDA and its facilitation. It is essential for MIDA Singapore to continue fostering these relationships, facilitating investments, and supporting businesses seeking to expand in these areas. Such efforts can contribute to economic growth and technological advancement in both Malaysia and Singapore.


MIDA Singapore extends heartfelt gratitude to all parties involved, particularly the organiser Fortem International, partners such as Singapore Business Federation (SBF), Sabah Trade and Tourism office (STTOS), MITI Singapore, business delegates and others who contributed to making the Business Show a resounding success. MIDA Singapore remains committed to reaching out and following up with potential companies, aiming to secure quality investment from Singapore into Malaysia.
Having participated in the Business Show for two consecutive years, MIDA Singapore pledges ongoing support for this impactful business event. With an impressive rebooking rate of 104%, next year’s exhibitor list promises to be even more exceptional. Hence, MIDA Singapore eagerly anticipates participating in the 28th & 29th of August 2024 Singapore Business Show at an all-new venue – Sands Expo & Convention Centre!