The Singapore Trade Development Board (TDB) was formed in 1983 to develop Singapore as a premier international trading hub and to promote the nation's goods and services.
To more effectively compete, Singapore has had to move beyond its investment-driven and electronics-dominated export base to develop new bases of growth. This has led to another key thrust identified under Singapore's new economic strategy, namely to help Singapore-based companies internationalise and grow in the global market.
In line with this new national direction, TDB was restructured to move beyond trade to focus on internationalising Singapore-based enterprises and was officially renamed International Enterprise Singapore on 12 April 2002.
As such, the TDB-IE Society was set up to foster interaction among former employees and friends of IE Singapore (and TDB), current leaders at IE Singapore, other government agencies and private sector companies.