Myanmar-Singapore to Boost Bilateral Economic Cooperation
April , 2017

Myanmar President Htin Kyaw met with Emeritus Senior Minister of Singapore Goh Chok Tong on March 15 and had talks on cooperation in boosting bilateral trade and investment, according to the President’s Office.

Goh Chok Tong arrived on March 14 on a three-day visit to Nay Pyi Taw. Their talks also covered the development of the economy through tourism and through development of small and medium enterprises, electricity consumption, the key role of private sector, anti-corruption and impact by tax evasion.

The pair witnessed the signing of extending the Memorandum of Understanding (MOU) on Singapore-Myanmar Vocational Training Institute which was opened during Singapore Prime Minister Lee Hsien Loong’s visit in June last year.

The institute is located in Yangon and trains Myanmar students through courses designated by Singapore’s Institute of Technical Education’s Education Services. Additionally, Goh also met former President Thein Sein as well as current member of Parliament and former Union Minister in the President’s office Soe Thane. Singapore stood as Myanmar’s second largest investor after China with $16.649 billion as of February this year since late 1988.

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