Wednesday 25 September 2013

Suu Kyi looks to Singapore as model - minus the materialism








Singapore was a major proponent of maintaining diplomatic relations and providing humanitarian aid to Myanmar under the military junta that was shunned and sanctioned by the West. In 2001, it established a centre in the commercial capital Yangon to provide education for public servants, giving them training in English, trade, finance and information technology. Now it is reaping the benefits of those close ties as the country of about 60 million opens up to investors after a quasi-civilian government took power in 2011.

Singapore Firms Leverage Close Ties
Singapore trade agency International Enterprise (IE) opened an office in Yangon last year to help companies from the city-state invest in the country. Singapore is Myanmar's third-largest trading partner, with trade between the two countries reaching S$1.8 billion in 2012. "Many Singaporean firms are certainly rushing into Myanmar with foreign investment rising sharply in recent months," said Kevin McGahan, a political science lecturer at the National University of Singapore. Myanmar officials have also shown interest in transplanting Singapore's bureaucratic and governance expertise.




http://www.information.myanmaronlinecentre.com/suu-kyi-looks-to-singapore-as-model-minus-the-materialism/

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