OCBC takes business team to Mandalay
A GROUP of chief executives from Singapore's small and medium-sized enterprises (SMEs) recently went on a three-day trip to explore business opportunities in Mandalay, Myanmar.
The delegation of 29 comprised OCBC Bank customers who are owners and senior management from Singapore's hospitality, construction and manufacturing industries.
The group met the chief minister of Mandalay, U Ye Myint, and visited industrial showrooms and construction sites operated by Myanmar's top private businesses on the trip from June 10-12.
OCBC Bank organised a similar trade mission to Yangon, Myanmar, in 2012.
The CEO of TA Corporation, Neo Tiam Boon, said: "Having established offices in Mandalay and Yangon, Myanmar is a market that we are familiar with.
"However, there are obvious benefits when you go on a mission trip organised by a bank that has a well-established presence in the market."