"Singapore Inc is in hot pursuit of business opportunities in Myanmar, where a recent reform drive aims to lure more foreign direct investment. A long time ally to Myanmar?s former military regime, Singapore is well placed to reap first-mover advantages vis-a-vis Western countries that maintain but are slowly lifting economic sanctions against the country. Last month, a delegation representing 74 Singapore-based companies traveled to Myanmar for networking and business matching with Myanmar counterparts in construction, education, finance, infrastructure and logistics. Organized by the trade promotion groups Singapore Business Federation (SBF) and International Enterprise (IE) Singapore, the trip featured site visits, the signing of a memorandum of understanding to promote economic relations and trade ties, and courtesy calls on reformist President Thein Sein and many of his ministers..."