Ministry News

A Myanmar delegation led by Union Minister for the Ministry of Investment and Foreign Economic Relations and Chairman of the Myanmar Investment Commission (MIC), U Thaung Tun, attended the Singapore Summit 2019 from 20 – 21 September.

The Summit, organised by the Temasek Foundation – with support from the Singapore Economic Development Board, the Monetary Authority of Singapore and GIC Private Limited, aimed to discuss global trends in business, finance, and geopolitics, and their impact on regional and global growth. The summit also provided an opportunity for senior government officials and business leaders from around the world to discuss emerging challenges and opportunities into the transformation of 4th Industrial Revolution. The Summit was attended by over 650 participants from Asia and around the world.

The opening ceremony of the Singapore Summit 2019 was held on 21 September at the Shangri-La hotel in Singapore. Deputy Prime Minister and Minister of Finance, H.E Mr. Heng Swee Keat and Conference Chairman Mr. Ho Kwon Ping delivered the opening address.

On 21 September, the Union Minister participated as a panelist on the discussion of Policy Dialogue. The Minister highlighted the opportunities and challenges of global trends, the reinforcement of ASEAN in the emerging regional economic integration, free flow of technology and trade within the Asia and the rest of the world. The Union Minister, in his address, emphasized the importance of research and development, technology and innovation into the 21st century. He also stressed that Myanmar would continue to make quantum leaps to achieve sustainable development of the country.

While in Singapore, the Union Minister had separate meetings with the Deputy Prime Minister and Minister of Finance, H.E Mr. Heng Swee Keat, and the Minister of Foreign Affairs, H.E Dr. Vivian Balakrishnan. During these meetings, he discussed matters relating to investment promotion and economic cooperation between Singapore and Myanmar.

The Union Minister was accompanied by Deputy Minister for the Ministry of Planning and Finance, U Set Aung, and other senior officials from the Ministry of Investment ad Foreign Economic Relations.