SBF helps companies to understand Myanmar market

myanmar-03The Singapore Business Federation (SBF) will launch a new program this year to help local companies better understand the Myanmar market.

SBF will work with the Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI). The two federations will sign a Memorandum of Understanding to develop and organize an Executive Program on Myanmar for the International Business Fellowship. The program is co-funded and supported by International Enterprise (IE) Singapore.

The program, targeted at Chief Executive Officers (CEOs) and Chief Financial Officers (CFOs), involves a one-week market immersion itinerary in Yangon. This program will enable approximately 30 Singapore participants understand the investment know-how and gain insights on the dynamics of doing business in Myanmar.

Currently, a SBF delegation comprising 32 CEOs are in Myanmar from April 3 to 5 as part of a trade mission. Participants include business leaders from sectors like financial services, logistics and real estate. SBF had organized about three business missions last year, involving 260 participants from 178 companies interested in investing in Myanmar.

SBF Chairman, Tony Chew is leading the Business Mission. In a statement, he said: “There is significant interest in Myanmar from Singapore businesses. The key objective of this business mission organized by SBF is to further advance the business-to-business relations between Singapore and Myanmar. Through regular exchanges we can and will develop business alliances and partnerships with Myanmar to strengthen and deepen our bilateral trade and investment links. SBF works very closely with our counterpart, The Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI), to promote greater business linkages.”

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About thomasdinnocenzi

Thomas D'Innocenzi is a highly accomplished, results-focused senior international executive with extensive experience in global sourcing and market development worldwide to meet evolving business needs. Tom has proven ability in implementing and managing profitable global sourcing operations worldwide. Extensive experience in international market development operations to accommodate rapid growth. Skilled in building top-performing teams, benchmarking performance, and restricting organizations to improve efficiency, productivity, and profitability. Experienced transition leader and change agent. As principal of Nova Advisors, LLC I’ve assembled an exemplary team that brings with them the knowledge and experience gained from starting up a Global Sourcing program with multiple Fortune 500 companies as well as the largest supplier network throughout the Asia-Pacific region. We have experience and expertise in more than a thousand medical and pharmaceutical products in manufacturing and sourcing at the best value. The right product, the right price point and the right branding fueled these successes that resulted in double-digit growth for top line sales and bottom line net margins for our customers. What sets us apart: • Our reach includes a large network of suppliers & manufacturers spanning 13 countries in Asia-Pacific region • We understand the manufacturing process and the business of the supplier and the buyer • Our company culture is based on quality assurance and our process is based on local quality control Our commitment is to be your partner offering the best products and services at the lowest cost. Contact me to discuss how we can make the global marketplace work for you. thomas@novaadvisors.com In addition, I am open to discussing opportunities in global sourcing, international marketing & sales, logistics and medical/pharma in Thailand, Vietnam, Malaysia, Philippines & Japan. Aside from my work I enjoy piano, astronomy, physics, and assisting my daughters with their studies. SPECIALTIES: Global Sourcing, Supply Chain Management, Business Development, Marketing, Logistics, Global Networking, Market Development, Healthcare Solutions, Pharmaceuticals, Medical Devices, Technology, Asia, Southeast Asia, US and Canada
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