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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Thomas D’Innocenzi is a highly accomplished, results-focused international consultant with extensive experience in global sourcing and business development worldwide to meet evolving business needs. Tom has proven ability in implementing and managing profitable global marketing and sourcing operations. He has extensive experience in international business development to accommodate rapid growth. Skilled in building top-performing teams, bench-marking performance, and developing organizations to improve efficiency, productivity, and profitability. Experienced transition leader and change agent. Tom founded Nova Advisors with the mission of providing expert Global Business Development consulting services for companies seeking to expand their market share as an independent consultant. Tom has a network of experts and advisors throughout the Asia-Pacific region and North America. His expertise includes business development, global sourcing, manufacturing, commodities, logistics, QA/QC, FDA, regulatory compliance, sustainability, and supply chain optimization. Tom is experienced in the medical device, apparel, consumer goods and technology services verticals helping companies advance their global sourcing capabilities and develop new markets through a local and sustained approach. Located in SE Asia and the United States, Tom expands market reach to drive sales. His global sourcing strategy includes directly negotiating with commodity suppliers, supply chain networks and distributors for optimal terms based on his expertise and first-hand knowledge of the players. Contact Tom to use his consulting service to increase your global market and make global sourcing profitable for you in the Asia Pacific Region and the United States. http://www.NovaAdvisors.com thomas@NovaAdvisors.com USA Direct: +1.904.479.3600 SINGAPORE: +65.6818.6396 THAILAND: +662.207.9269
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