The Singapore Business Federation (SBF) is jointly organizing with Mongolia National Chamber of Commerce and Industry (MNCCI) a Business Mission to Mongolia from 27 June – 4 July 2011 with the support from International Enterprise Singapore. This business mission will be led by H.E. Mr. Peter Tan Hai Chuan, Singapore's Ambassador to Mongolia, resident in Seoul.

Mongolia
Mongolia is expected to be the world’s fastest growing economy in the next five years. GDP is expected to grow beyond the GDP of USD5Billion in 2010 to double in the next 5 years. Over the past years, Singapore and Mongolia have enjoyed friendly relations and developed fruitful cooperation in economic, social and other sectors. Today, Singapore is one of the largest trading partners of Mongolia in the Southeast Asian region. The total trade turnover between the two countries has increased from US$ 10.7 million in 2000 to US$ 45.3 million in 2008.

Singapore’s investment in Mongolia has been boosted in recent years; and since 5 to10 years back, there are a couple of Singapore companies who have established presence in Mongolia.
Don’t miss this opportunity! Join us in this business mission today, Mongolia is an exciting market with huge potential and unlimited opportunities for you to explore!

Financial Assistance:
Eligible mission participants are entitled to apply for Double Tax Deduction (DTD) scheme. It allows your company to enjoy tax savings i.e. deduct twice the eligible expenses incurred against your company's taxable income.* http://www.iesingapore.gov.sg/wps/portal/DTD