Francis Wong, OAM OSJ’s Post

🇪🇨 🌐 The partnership between the Viceministry of Exports and Investment Promotion (PROECUADOR) and the Latin American Chamber of Commerce, Singapore, has reached new heights with the official signing of a Memorandum of Understanding. Despite the virtual setting, the signing ceremony witnessed the participation of esteemed dignitaries, notably Mr. José Antonio Villena Sierra, Vice-minister of Promotion of Exports and Investment from Ecuador. In his insightful address, the Vice-minister underscored the myriad opportunities awaiting exploration between #Singapore and #Ecuador. He emphasized Ecuador's dedication to fostering stronger ties with academia and gaining valuable insights from Singapore's innovation journey. Furthermore, Mr. Villena Sierra highlighted Ecuador's robust food production capacity, presenting a valuable resource for Singapore. Angela Torres-Andresen Torres, the visionary Founder and Director of the Latin American Chamber of Commerce, expressed her enthusiasm for the collaboration. She outlined the key focus areas for upcoming programs and knowledge-sharing initiatives. Ms. Torres-Andresen Torres elaborated on the auspicious timing of the MOU, coinciding with the expansion of LatAmCham's presence through the appointment of Mr. Fausto V. as Country Manager of Ecuador. This collaboration promises exciting prospects for cross-cultural exchange, innovation, and economic growth. Stay tuned for the incredible developments ahead! 🌍✨ #InternationalPartnership #EcuadorSingaporeTies

✨ #LatAmCham Welcomes the Ambassador of Peru to Singapore, H.E. Francisco Tenya ✨ We are pleased to welcome H.E. Francisco Tenya, the Ambassador of Peru to Singapore, to the LatAmCham community. This partnership promises to bolster the collaboration between Peruvian and Southeast Asian companies, fostering growth and mutual benefits. This year, Peru stands out as a focal point of international attention with significant events such as the APEC - Asia-Pacific Economic Cooperation Meetings and the #Indonesia - Latin America @INA-LAC Forum. These events underscore Peru's strategic importance and present numerous opportunities for business and economic engagements. LatAmCham remains committed to supporting our member companies from Peru in expanding their presence in Southeast Asia. A prime example of successful market penetration is our esteemed member, Grupo AJE, which has effectively leveraged the dynamic opportunities in this region. We look forward to a productive collaboration with Ambassador Tenya Hasegawa and to witnessing the continued success of our member companies in this vibrant part of the world. #LatAmCham #Peru #SoutheastAsia #APEC2024 #INALAC #BusinessGrowth #EconomicPartnership #GrupoAJE #InternationalTrade #GlobalBusiness

Why are Chambers of commerce and other NGO important to develop sustainable business in Vietnam? Every February and March, organizations hold their annual general assemblies (AGM) to review the past year and plan for the future. Attendance at these events is crucial to show support for the dedicated board members, and private organizations that contribute to their success. Vietnam, with its dynamic economy and vibrant culture, presents opportunities and challenges for international and local businesses alike. In this context Chambers of Commerce and NGOs serves as “bridge”, connecting international businesses with government entities, local communities, and other stakeholders. Here are my top four reasons for why I believe Chamber of Commerce, like NordCham and alike are so valuable: 🤝 Networking: They're the ultimate platform for creating partnerships and exchanging ideas. 📈 Advocacy: Chambers, like NordCham, ensure businesses have a voice in policymaking, advocating for a more favorable business environment. 🔍 Insights: Offering invaluable market insights, helping businesses navigate and thrive in foreign landscapes. 🌱 Sustainability: They're at the forefront of promoting sustainable practices and innovation, key for future growth.                                                                                             I hope to see many members at the different AGM to show their support to all the teams that make these Chambers of Commerce so valuable. #nordcham #vietnam #eurocham #britcham #ccifv

EUROCHAM Malaysia hosted the quarterly Bilateral Chambers Working Group Meeting yesterday at the EUROCHAM Malaysia office, where esteemed representatives from both Bilateral and Associate Chambers gathered. Throughout the meeting, a diverse range of topics were explored, all aimed at fortifying our bilateral relations. This comprehensive dialogue encompassed an ongoing series of advocacy efforts, government-related engagements, strategic events, and innovative membership initiatives. These collaborative endeavors are designed to elevate the quality of service we provide to our valued members. In addition to these discussions, a dedicated session addressed current concerns brought forth by the chambers. We extend our sincere gratitude to all attendees whose participation enriched the discourse. Anticipation is high for forthcoming meetings, which promise to be equally productive and enlightening, strengthening the foundations of a prosperous EU-Malaysia partnership. BeLuxCham Malaysia Irish Chamber of Commerce in Malaysia (ICCM) Italcham Malaysia - Italian Chamber of Commerce in Malaysia Malaysian Spanish Chamber of Commerce & Industry - La Cámara Malaysian Dutch Business Council (MDBC) DanCham (formerly Malaysian Danish Business Council) ADVANTAGE AUSTRIA Malaysia Swiss Malaysian Chamber of Commerce (SMCC) CCIFM - CCI France Malaysia #bilateral #chambers #strategic #events #advocoacy #programme #Malaysia #EUROCHAMMalaysia30 #EUMYstrongertogether #eurochammy

"Despite the challenges, European companies are showing exceptional resilience, adaptability to the current situation and strong commitment to supporting its employees and supply chain partners," said Karina Ufert, CEO of EuroCham Myanmar. The 11th Business Confidence Survey conducted by EuroCham Myanmar in June 2023 found that businesses are encountering major challenges with banking, regulations, electricity, logistics, safety and security, which are impacting their operations and the market. Nearly half of the businesses surveyed reported increasing product prices to balance the rising costs, and 44% have seen a decline in profits in recent months. In spite of these difficulties, the majority of EuroCham members report their intention to remain in Myanmar. Regarding these situations, yesterday, on 31st August 2023, EuroCham Myanmar and the EU-ASEAN Business Council hosted an afternoon session, with the support of European Chamber of Commerce, Singapore (EuroCham Singapore), to address the challenges that European businesses are facing while operating in Myanmar. adrian short, the Chairman, and Karina Ufert, the CEO of EuroCham Myanmar met with European business representatives in person and had an engaging discussion on the business climate in the country, providing exclusive information to help navigate the challenges.   We thank the EU-ASEAN Business Council for the opportunity to collaborate, and we extend our gratitude to all the attendees, both in-person and online.   #EuroChamMyanmar #EUABC #EuroChamSingapore

Africa's vast resources and rapidly growing economies are attracting global attention. This has led to a rise in "Africa-Plus-One" summits, where major powers host African nations for discussions on #economic #development, #trade, and #security. Japan was a forerunner in this approach, launching the Tokyo International Conference on African Development (TICAD) in 1993. Japan pioneered this with a focus on #private #investment, inspired by their own post-war growth. Challenges include risk aversion on the part of Japanese investors, who are accustomed to a stable environment. Africa, on the other hand, faces issues with political instability and corruption in some regions. Additionally, underdeveloped infrastructure and a lack of skilled labor in some African countries can make it difficult for Japanese companies to operate efficiently. Both sides need improvement for a stronger partnership. Read the full article on our website (https://lnkd.in/gXFbFVJZ) and discover more about partnerships between Asia and Africa! This article was written by Harry Clynch

NCIA Welcomes Chinese Delegation to Explore Opportunities in Malaysia's Northern Region. NCIA recently hosted a delegation from China at its headquarters to discuss the social, cultural, and economic landscape of Malaysia's Northern Region. The meeting highlighted the region's vibrant communities, strong development initiatives, and diverse business opportunities. NCIA emphasized the potential benefits for Chinese companies looking to expand into Southeast Asia. The Northern Region's strategic location, supportive government policies, and skilled workforce were all presented as key advantages. The discussions were productive and underscored the strong economic ties between Malaysia and China. We look forward to fostering further collaboration and building a mutually beneficial future. #NCIA #NorthernMalaysia #China #BusinessOpportunities #InvestInMalaysia

As the fastest-growing economic region in the world, #ASEAN is set to become a global consumption hub of 660 million consumers by 2030. #Vietnam, with a 7% average growth rate over 30 years, offers a gateway to #Canadian companies looking to grow in the region. To celebrate the 30th Anniversary of the Vietnam Trade Office in Canada, and the 50th Anniversary of diplomatic relations between Vietnam and Canada, join a distinguished panel of speakers next week for the seminar: Leverage FTAs to Enter ASEAN: Manufacturing and Technology Opportunities for BC Business in Vietnam. Speakers: The Hon. Trung Ngyuen, General Consul of Vietnam in Vancouver The Hon. Jagrup Brar, Minister of State for Trade, Province of British Columbia Hassan Kamalinejad, Senior Manager, Trade Policy - JEDI Dr. Quynh Tran, Commercial Counsellor, VnTradeToCa Hoang Dinh, Head of Division, VSTC Justin Kwan, PMP, Senior Program Manager, Asia Pacific Foundation of Canada Thi Be Nguyen, Executive Director in Canada, CABC Dan On, Founder, Dan-D Foods, Ltd. Co-organized by the British Columbia Ministry of Jobs, Economic Development and Innovation, the Ministry of Industry and Trade Vietnam (Vietnam Trade Office in Canada), the Ministry of Science and Technology of Vietnam (Vietnam Science and Technology Office in Canada) and the Canada-ASEAN Business Council, this event will evaluate five years of the #CPTPP, its alignment with the #IndoPacificStrategy and the upcoming Canada-ASEAN Free Trade Agreement. If you're a BC-based company interested in doing business in Vietnam, we encourage you to express your interest by emailing info@asiapacific.ca to register for this event. We look forward to connecting with you!

Saudi-Malaysian Business Council Launches to Boost Economic Ties. 🔹 Strengthening Relations: Saudi Arabia and Malaysia inaugurate a business council to foster growth and collaboration across various sectors, signaling a new era of economic partnership. 🔹 High-Level Delegation: Saudi Minister of Commerce, Majed bin Abdullah Al-Qasabi, leads a delegation of 44 officials and leaders to Malaysia, emphasizing the importance of enhancing economic relations. 🔹 Roundtable Discussions: Productive meetings held with Malaysian counterparts, focusing on enhancing partnerships within business sectors, knowledge transfer, and innovation. 🔹 Vision 2030 Impact: Al-Qasabi highlights the significant transformations brought about by Saudi Arabia's Vision 2030, emphasizing the country's efforts to become a global hub for trade and logistics services. 🔹 Exploring Opportunities: Representatives from both countries' chambers of commerce explore investment opportunities, resulting in the signing of partnership and investment agreements to enhance economic cooperation. 🔹 Bilateral Agreements: Private sector companies from Saudi Arabia and Malaysia engage in bilateral meetings, signing trade and investment partnership agreements across multiple sectors. #SaudiArabia #Malaysia #BusinessCouncil #EconomicTies #Vision2030 #Partnership

Yippe 🙌 - It's finally here. Happening today is Africa's largest industry evening, which celebrates innovative companies and leaders promoting the digital economy agenda for Africa's prosperity. 💥🤩 - We are ready! 🙌 - Stay here with us for more event updates 📷 ✅ - - #adea2023 #technologycompanies #innovation #kenya #africa