Business Session of the Government of Moscow Singapore, December 2, 2019

We are happy to inform you that on December 2, 2019 a business session of the Government of Moscow “Smart City Technologies: Latest Smart Solutions for Complex Projects” is going to be held in Singapore.
The economic potential of Moscow and key areas for the implementation of the “Smart City” programme, smart products and solutions of the leading Russian industrial companies, opportunities for development of innovative infrsatructure in Russia and abroad with the use of Singapore experience and lates approaches are going to be key topics of the discussion.
Key speakers:
Mr Sergey Cheremin, Minister of the Government of Moscow, Head of the Department of Foreign Economic and International Relations of Moscow
Dr Sergey Pronin, Deputy Chairman – Executive Director, the Russia-Singapore Business Council
Ms Winnie Teo, Head, Singapore office of the Russia-Singapore Business Council
Mr Joseph Teo, Director, FHL Capital Pte Ltd
Participants awaited:
Mr Oleg Shutenko, Deputy Head of the Department of Foreign Economic and International Relations of Moscow
Ms Anna Smirnova, Chief Financial Officer, RSTradehouse LLC
Ms Anna Akaeva, Head, International Business and Marketing, RSTradehouse LLC
Representatives of of the Department of Education and Tourism of the Government of Moscow (to be specified)
Representatives of key Singapore banks and investment companies (to be specified)
Preliminary timing:
10 am – welcome coffee
10:30 am – 1:30 pm – Presentations by the key speakers, discussion
1:30 pm – 2 pm – lunch
2 pm – 3 pm – Business communication on the margins of the event
Venue: Ritz-Carlton Hotel, Millenia 1 (Marina Bay, 7 Raffles Ave, Singapore 039799).
For registration, please follow the link: https://www.eventbrite.co.uk/e/smart-city-technologies-latest-solutions-for-city-projects-registration-83925939745?aff=RSDC
We cherish the Russia-Singapore foreign economic relations and believe that active encouragement from our part will help to make them more and more fruitful in the future.
We are looking forward to see you soon!
Source: https://www.eventbrite.co.uk/e/smart-city-technologies-latest-solutions-for-city-projects-registration-83925939745?ref=enivtefor001&invite=MTg0NzUxMDEvbWNyaG9uQG51cy5lZHUuc2cvMA%3D%3D%0A&utm_source=eb_email&utm_medium=email&utm_campaign=inviteformalv2&utm_term=eventpage

vCargo Cloud Launches CamelONE(TM) Trade Finance on the Networked Trade Platform

SINGAPORE, Nov. 11, 2019 /PRNewswire/ — Homegrown global trade facilitation platform provider vCargo Cloud Pte. Ltd. (“VCC”) announced today that it has officially launched CamelONE™ Trade Finance on the Networked Trade Platform (“NTP”) with the support of the Monetary Authority of Singapore (“MAS”) and nine leading trade finance banks – ANZ, BNP Paribas, DBS Bank, HSBC, Industrial and Commercial Bank of China (“ICBC”), MUFG Bank, Oversea-Chinese Banking Corporation (“OCBC”), Standard Chartered Bank (“SCB”) and United Overseas Bank (“UOB”).

CamelONE Trade Finance offers secure and simplified trade finance applications, and is the first multi-bank trade finance portal to be developed by a technology company in Southeast Asia. vCargo Cloud commenced development on the portal after the company was confirmed late 2017 as a successful participant in the call for collaboration by Singapore Customs in partnership with Government Technology Agency (“GovTech”).

According to the latest International Chamber of Commerce (“ICC”) report, global trade reached a new peak of US$18.5 trillion in 2018, underpinning a trade finance revenue pool of US$48 billion. A heavily paper-based industry, trade finance is often noted to be ripe for digital disruption. However, the multitude of documents and parties involved in trade finance transactions has made it difficult for the industry to digitalise quickly.

Designed to simplify trade finance applications, CamelONE Trade Finance will allow the NTP’s business users to subscribe and apply for up to twelve trade finance products via standardised forms in a secure format. Users can conduct simplified paperless trade finance applications through the reuse of their digital trade documents and data via the NTP, as well as receive real-time status updates on their applications, improving efficiency and productivity for both the banks and users.

Trade users will be able to pre-register their interest for early onboarding onto the CamelONE Trade Finance portal from now till 22nd January 2020 via the NTP. There are no registration or subscription fees for the portal.

VCC has a strong track record of building trade facilitation platforms, working together with both corporate and government entities, and is currently already a Value-Added Service provider on the NTP for automated customs permit preparation and Smart eCertificate of Origin applications.

The development of CamelONE Trade Finance is in line with VCC’s mission to create a digitalised global trade ecosystem allowing traders to conduct all trade-related activities in the Buy-Ship-Pay reference model developed by UN/CEFACT.

VCC’s CamelONE trade platform – which has been deployed in 16 countries across Asia and Africa – connects importers, exporters, logistics companies, warehouses, banks, insurers, government agencies and other players on a unified platform that supports the entire trade process.

Mr Desmond Tay, Chief Executive Officer of VCC, commented, “VCC is honoured to be able to work with the NTP, MAS and nine leading trade finance banks to launch CamelONE Trade Finance on the NTP today. We believe this portal will benefit both traders and banks immensely in the long run, and will soon become an integral part of every trader’s activities.”

The integration of CamelONE (VCC) and RSTrade (RSTradehouse LLC) platforms began in September 2018 and the first stage of integration has been completed. While both platforms are marketplace on its own, users can use the integrated platform as one marketplace, providing cross-border trade opportunities for manufacturers, buyers and trade and logistics-related companies from different countries.

International competition “Get it solved!” held in Singapore at the Centre for Overseas promotion

We invite everyone interested to take part in the annual educational test “Get it solved!” organized by Moscow Institute of Physics and Technology (MIPT) and Extramural School of Physics and Technology.

The competition is international, held in many countries. This year with the support of the Russia-Singapore Business Council, the competition will take place in Singapore for the first time.

Tasks are offered in Math and Physics. To take part in the competition, you have to register on the website of the competition (https://kontrolnaya.mipt.ru/en) and choose Centre for Overseas Promotion of Russian High-Tech Companies and the Presentation of investment projects in the list of locations (https://kontrolnaya.mipt.ru/en#venues).

Access to the tasks will open automatically for the registered participants.

Please note that Singapore location will work in a virtual mode! This means that participants do not have to come to the location to take part in the competition. The tasks will be available online from PEDs.

The access to the tasks will be opened for 24 hours since 5 am, November 16. To start, just login from your PED.

Russia-Singapore Business Council wishes good luck and every success to the participants!

*For reference

Centre for Overseas Promotion of Russian High-Tech Companies and the Presentation of investment projects in Singapore was opened in December, 2017 at the initiative of the Russia-Singapore Business Council with the support of the Rostec State Corporation. A showroom of Russian technologies operates at the basis of the Centre. Business and educational events with the participation of representatives of Russia and Asian countries are held there. In 2018 an Engineering Centre has been opened to conduct advanced developments and R&D projects.

10 years of the RSBC: the Council continues to cultivate contacts between the expert communities of Russia and Singapore

For a decade now, the Russia-Singapore Business Council has successfully promoted trade and economic cooperation between Russia and Singapore, the EAEU and the ASEAN. Interaction between the representatives of the expert communities, mutual experience and working exchange is one of the key elements of such cooperation. The RSBC experts prioritize exactly these spheres when organizing our work. Numerous educational programs and discussion events with the participation of experts from Russia and Singapore, which were carried out for the benefit of the audience from different countries, became one of the results of this work. Several delegations from Russia comprising heads of large enterprises, organizations and universities visited Singapore educational institutions for the purpose of experience exchange. These events were organized by the Russia-Singapore Business Council. At the invitation of the RSBC, Singapore experts visited not only Moscow and the Moscow Region, but also Saint Petersburg, Novosibirsk, Tomsk, Kazan and other cities of Russia.

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The first serious events were organized already in 2015. At that time, several groups of Russian specialists got training at Nanyang Technological University and the National University of Singapore in the areas of additive technologies and the treatment of oncological diseases. Moreover, crisis management and financial recovery courses held by Prof Christopher Goh took place at the premises of the Plekhanov Russian University of Economics. In the same year, the Council and Nanyang Technological University signed an agreement on cooperation that has been constantly expanding since then.

The largest Singapore specialists in the sphere of 3D modeling came to Russia on several occasions, conducted conferences and workshops for Russian specialists including for the National University of Science and Technology “MISiS”.

Singapore specialists received training at the leading neurosurgery center in Tyumen.

One of the most large-scale projects initiated by the Council was the creation of Center for Professional Training and Certification of Specialists in Innovative Industries in Moscow. The project was supported by the governments of our countries and is being implemented in the interests of the Government of Moscow and the State Corporation Rostec. ITEES, which is a division ITE Institute of Technical Education, one of the world’s leading industry-specific educational institutions, is the partner of the project. In 2018, the Russia-Singapore Youth Council was established in cooperation with the Economic Club of MGIMO University. It has already held a number of events in Russia and Singapore with the involvement of different innovative companies and foundations and also of specialists and students of Singapore Management University (SMU).

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In cooperation with the leading Russian and Singapore institutions of higher and professional education, the Council organized an international professional development program for financial directors of large companies (in cooperation with the Institute of Banking and Finance Singapore (IBF)), numerous courses in the sphere of management and financial management with the participation of major international consultants and corporate mentors, a program for exploring 3D printing technologies (in cooperation with the Singapore 3D Printing Center created under Nanyang Technological University). The RSBC also conducted programs at the request  and in the interests of the State Corporation Rostec, the Roscosmos State Corporation for Space Activities, the Agency for Strategic Initiatives, the Rosatom State Nuclear Energy Corporation, Gazprom PJSC, the Ministry of Industry and Trade of the Russian Federation, the Ministry of Economic Development of the Russian Federation, the Eurasian Economic Commission (EEC), the Government of Moscow etc.

Only in 2019, the RSBC organized a number of such events both in Russia and in Singapore. In the spring of 2019, the RSBC experts conducted two training seminars at the Moscow Export School; during the seminars the topic of the specificity and opportunities for business in ASEAN countries was covered as well as tools for supporting Russian entrepreneurs in SEA region with a focus on Singapore.

At the same time in March, a two-day program dedicated to the management of modern business processes in the electronic industry was organized for the heads of the Rostec radioelectronics complex, which was a part of the business mission of Russian companies to Singapore dedicated to the IV Russian-Singapore business dialogue. The training took place at the Center for Overseas Promotion of Russian High-Tech Companies and Presentation of Investment Projects in Singapore, created by the RSBC.

In June, two more seminars devoted to the exchange of experience in the sphere of procurement were conducted there. Fabian Wong, an international expert and a recognized specialist in the field of procurement management with more than 20 years of experience, spoke to the employees of Rostec, and Tatiana Gololobova, the Procurement Director of Rostec, shared her experience with the representatives of the Singapore business circles.

In September, the RSBC in collaboration with the Asia-Pacific Center for Management Education organized a seminar entitled “The Current State of the Banking System and the Insurance Sector in Russia: Key Problems and Modern Challenges” conducted for middle and senior managers of two large Indian banks and representatives of the insurance business.

Finally, in October, with support of the RSBC, students and teachers of Temasek Polytechnic, one of the leading technical educational institutions in Singapore, visited Moscow. Temasek delegates visited the Moscow Polytechnic University and the offices of large Russian IT-companies, including Vision Labs. The key event was the meeting of delegates with representatives of the Moscow Institute of Physics and Technology (MIPT). As one of the recognized leaders among technical universities of the world, MIPT, also known as “PhysTech”, conducts unique researches and offers a variety of educational programs in the spheres of fundamental and applied physics, information technology, cybersecurity, quantum technologies etc. The university is open to active international cooperation and its development, which was also mentioned by the representatives of Temasek and the RSBC as one of their main goals. Shortly after their visit to Moscow, the representatives of Temasek received the Russian delegation headed by Vladimir Dozhdev, the Director of the Digital Technologies Department of the Russian Ministry of Industry and Trade. The “return” visit was paid within the scope of a business program devoted to the exhibition of digital industrial transformation “Industrial Transformation Asia Pacific 2019” which took place in Singapore.

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The delegates also visited R&D centers of leading universities in Singapore – the Institute for Air Traffic Management of Nanyang Technological University, as well as the Center for Quantum Technologies and the Center for Innovative 2D Materials of the National University of Singapore. After that, the delegates met Konstantin Novoselov, a graduate of the MIPT University, who, together with Neil Game, received the Nobel Prize in Physics for pioneering experiments concerning two-dimensional graphene material.

The RSBC experts are determined to further develop cooperation between expert communities of Russia and Asia-Pacific countries. Several new projects are to be implemented in the first half of the year 2020. The development of international cooperation in the sphere of science and education forms a reliable basis for strong interaction and promotes the strengthening of business relations and partnership between the countries.

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Russia considers US Indo-Pacific region concept challenge for ASEAN – PM

Dmitry Medvedev noted that Russia stands for fair competition and respect the right of states to independently choose their future

MOSCOW, RUSSIA - OCTOBER 23, 2019: Russia's Prime Minister Dmitry Medvedev holds a meeting at the headquarters of Sibur to discuss the implementation of remote monitoring systems as part of a control and supervision reform. Alexander Astafyev/POOL/TASS Ðîññèÿ. Ìîñêâà. Ïðåìüåð-ìèíèñòð ÐÔ Äìèòðèé Ìåäâåäåâ âî âðåìÿ ñîâåùàíèÿ â ÏÀÎ "Ñèáóð Õîëäèíã" ïî âîïðîñàì âíåäðåíèÿ ñèñòåì äèñòàíöèîííîãî êîíòðîëÿ â ðàìêàõ ðåàëèçàöèè ðåôîðìû êîíòðîëüíî-íàäçîðíîé äåÿòåëüíîñòè. Àëåêñàíäð Àñòàôüåâ/POOL/ÒÀÑÑ

BANGKOK, November 3. /TASS/. Russian Prime Minister Dmitry Medvedev criticized the US concept of a “free and open Indo-Pacific region.” It is a serious challenge for ASEAN, he noted in an interview with Bangkok Post on the eve of the ASEAN Business Investment Summit and the 14th East Asia Summit.

“We are in favor of maintaining the effective system of state-to-state relations which was formed on the basis of ASEAN and has shown a good track record over the years. In this regard, we believe the US initiative is a serious challenge for ASEAN countries, since it can weaken the Association’s position and strip it of its status as a key player in addressing regional security problems,” Prime Minister said.

Medvedev emphasized that Russia is a Eurasian nation and an integral part of the Asian community both due to its geographical location and its historically close political, economic and cultural ties with the countries of this large region. “We are playing an active and constructive role in Asia. We are not trying to put pressure on anyone, we are not interfering in other countries’ internal affairs, not threatening with the use of force, or coming up with ultimatums. On the contrary, we are building constructive relations with our Asian partners based on mutual trust and respect,” he said.

He noted that Russia stands for fair competition and respect the right of states to independently choose their future based on their traditions and civilizational background. “The vast majority of Asian states are building mutually beneficial cooperation with us. Recent examples include the Russia-ASEAN Summit in Singapore, where our relations reached a new level of strategic partnership,” Medvedev added.

The politician noted that Asia offers unique opportunities, and assured that Russia will continue to work in the region in all areas and various formats, including bilateral and multilateral, and also at the venue of the Eurasian Economic Union. “We’ve been doing well so far. A cooperation program between the Eurasian Economic Commission and ASEAN for 2019-2020 is being implemented,” he said.

ASEAN is also interested in cooperating with the SCO, Medvedev added. He noted that the goals overlap and include mutually beneficial cooperation, stability and security of the region, and fighting global challenges and threats, mainly international terrorism. “To achieve maximum effect in this area, it is necessary to establish close cooperation between law enforcement agencies and special services, as is happening at the level of the SCO Regional Anti-Terrorist Structure (RATS) and the ASEAN Member National Police Association (ASEANAPOL),” he told the newspaper.

Source: https://tass.com/economy/1086728?fbclid=IwAR2-7Q-bHQFswmrqzFfLiKtSDHBcaJug8qffy2MxNCBsrjHNF_aIcn5gzYQ