Month: December 2019

Dear Friends and Colleagues!

Russia-Singapore Business Council wishes you a Happy New Year!

The outgoing year 2019 was interesting and eventful. Together we did a lot. Representation of the Council in Samara has opened. An agreement was reached to open a representative office in Myanmar. New members of the Council appeared and several more applications were received, requiring approval by the General Meeting. The work of the Council was highly praised at the highest level.

In 2019, there were 8 business missions to Singapore, 4 to Malaysia, 1 to Myanmar, 3 to Indonesia, 1 to Taiwan, 1 to Cyprus, as well as a number of business visits to China. Each business mission made it possible to establish new contacts and ties, expand international cooperation. Together, we managed to create a Center for Overseas Promotion of Russian High-Tech Companies and Presentation of Investment Projects in Singapore, which this year celebrated its second birthday. A permanent showroom of Russian technologies was formed on the basis of the Center, more than 20 business and educational events were held, and the implementation of several serious engineering projects was launched. In 2020, a large-scale renovation of the Center and expansion of the format of its activities to other industries are planned.

New successes over the past year were achieved by the international electronic trade and service B2B Platform RSTrade. Now it has registered over 82 thousand companies from 23 countries, representing 274 types of services and thousands of types of goods. The integration of the RSTrade Platform with the Singaporean CamelONE service and logistics platform (operator – vCargoCloud company) has begun, which took us all a step closer to a single digital transport corridor between the EAEU and ASEAN.

The export contracts concluded with our participation formed a serious reserve for business activity for the New Year 2020 in Southeast Asia. The volume of Russian non-primary exports is growing due to technological solutions and innovative products of industrial partners and Council members, their well-coordinated work with the teams of the Russian and Singaporean offices of its executive structure.

Among the cultural projects implemented with the support and participation of the Council, the Russian Film Week in Singapore became especially memorable, once again proving that art is stronger than language and geographical barriers. As a result of the success of the Russian Film Week, the High-Level Russia-Singapore Intergovernmental Commission decided to make this event an annual event in order to further bring our peoples closer together and develop strong friendships.

Yes, over the past year we really managed to do a lot, and all this became possible thanks to the reliable partnership that connects us with you, dear Friends and Colleagues. The opportunity to cooperate with you is a great honor and great joy for us. All of us are waiting for the holidays ahead, opening the new year 2020, promising new achievements and new peaks, which, we are sure, will be conquered. We sincerely hope that you will continue to be with us on this challenging, but such an interesting path.

The Russia-Singapore Business Council wishes you and your loved ones health, happiness and prosperity, and your business – success and prosperity in the new year.

Happy holidays!

Following the talks between the representatives of the Russia-Singapore Business Council and the healthcare system of the Republic of Myanmar, held on December 3 this year at the center for foreign promotion of Russian high-tech companies and presentation of investment projects in Singapore, where technological, product and project innovative solutions of the State Coronation Rostec in the field of medicine were presented, the Russian delegation paid a visit to Myanmar.

On December 10, experts of the Russia-Singapore Business Council, staff of Shvabe  (part of the State Corporation Rostec) and USAR+ – key companies specializing in medical technologies-visited the leading medical centers of the country and held talks, during which they discussed main directions of the program for the development of health infrastructure in Myanmar and the possibility of participation of Russian manufacturers.

At the meeting, agreements in principle were reached on the supply of high-tech solutions of Shvabe and YUSAR+ for the diagnosis and treatment of various diseases, primarily in the field of oncology and cardiology. The host party confirmed its intention to invite Rostec and the above-mentioned companies to implement national infrastructure projects in the field of healthcare. In addition to signing the relevant contracts for this, it is planned to create representative office of the Russia-Singapore Business Council in Myanmar in the format of a project office. The key functions of the representative office will be the prompt solution of issues related to the supply of equipment, methodological support of projects, the introduction of modern innovative solutions, ensuring partnership and expert interaction of medical institutions of Myanmar and leading Russian cancer and cardiac centers.

In the next few years as part of the implementation of the national health program in Myanmar, it is planned to build 13 cancer centers of the latest generation, each of which will be equipped with the equipment of the above companies using the resources of the digital platform RSTrade and contract financing.

On December 2, 2019, the business session of Moscow Government “Smart city» technologies»: the latest smart solutions for complex projects” was held in Singapore. Among key issues discussed during the session were the introduction of “smart” technologies in large metropolitan areas, its application in other areas, primarily in banking and financial technologies, as well as the most effective use of smart solutions for the development of complex infrastructure projects.

The business session was opened by the Minister of Moscow Government, Head of the Department for External Economic and International Relations of Moscow,  Sergey Cheremin, by telling about economic potential of Moscow and key directions of the program “smart city”. Deputy Chairman – Executive Director of the Russia-Singapore Business Council Sergey Pronin and CEO of the RSBC office in Singapore Ms. Winnie Teo also were the key speakers, who reported on the activities of the Council. Sergey Pronin in his speech also focused on integrated smart solutions of enterprises of one of the key partners of RSBC – State Corporation “Rostec” and the possibilities of using these solutions for the development of innovation infrastructure in Russia and abroad. Winnie Teo, in its turn, paid special attention to the initiatives of RSBC in Singapore, including the project potential of the Center for foreign promotion of high-tech companies and presentation of investment projects and distributed R&D center created in Singapore at the initiative of the Council. CEO of the Russian-Asian Business Union Tatyana Sheremetyeva also elaborated on the prospects and key features of doing business in Singapore; Director of FHL Capital Pte Ltd Joseph Teo spoke about the distinctive features of the development of the financial sector in Singapore, modern banking technologies and the possibility of its application in innovative projects. Finally,  General producer of «Big Asia» TV сhannel and website Sergey Savushkin in his speech touched upon such an important aspect of cooperation between the countries as information cooperation, telling about the opportunities of “Big Asia” TV channel and website in order to strengthen Russia-Singapore business and humanitarian relations.

The business session was attended by representatives of the Business Development Agency (Enterprise Singapore), the largest Singapore banks, industrial associations and investment companies, as well as leading universities of the country. At the end of the official part, business communication continued on the sidelines of the event.

Currently, “smart” technologies are among the most promising and dynamically developing sector of science and economy. This once again underlines the importance of such events, contributing to the development of fruitful and mutually beneficial international cooperation between Russia and Singapore, the EAEU and ASEAN.

November 30-December 1, 2019 in Singapore with the support and active assistance of the Russia-Singapore Business Council time was held the first international Olympiad of the Moscow Institute of Physics and Technology (MIPT) “Phystech.International”. The participants of the Olympiad were students of Singapore upper secondary schools, as well as students of professional technical colleges.

The Olympiad in Singapore was held at two venues: the Russian-language school for bilingual children KIT Knowledge Intellect Talent and at the Center for foreign promotion of Russian high-tech companies and presentation of investment projects, operated by the Council. On the basis of the Center were repeatedly held educational events, but the Olympiad  “Phystech.International ” was the first aimed at the school audience. The international status of the Olympiad provides an opportunity for winners and prize-winners from other countries to win a grant from the government of the Russian Federation for free education at MIPT.

List of winners and medalists of the Olympics “Phystech.International” will appear on the official website of MIPT in the near future.

Such initiatives make a significant contribution to the development of international student exchange and cooperation in the field of science and education.