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The American Chamber of Commerce in Singapore (AmCham SG) is pleased to announce the appointment of Ann Yom Steel as Executive Director. Steel assumed her role – ensuring the chamber maintains its instrumental position in representing U.S. business and promoting members’ continued success and leadership in Singapore and the region – on September 1, 2017.

 

Steel brings with her a wide breadth of public and private sector experience. She joins AmCham Singapore following her most recent post as Head of Strategic Planning for the International Rice Research Institute (IRRI) headquartered in the Philippines where she led the development of the organization’s 10-year global strategy. Prior to her role at IRRI, Steel resided in Singapore and was the Director of External Affairs and Head of Global Partnerships at the Lee Kuan Yew School of Public Policy.

 

Further bolstering her public policy credentials, Steel also served as Associate Director of Public Affairs for Ogilvy Public Relations in Sydney, as well as Deputy Director for Office of State, Local, and Tribal Coordination at the U.S. Immigration and Customs Enforcement (ICE). Prior to joining ICE, Steel worked as a political and legislative advisor to a U.S Senator and as chief lobbyist and spokesperson for a number of national associations in Washington, DC.

 

See full press release here.

 

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AmCham Singapore issued a statement on August 25 urging the eleven members of the TPP to reach a successful conclusion to ongoing deliberations and implement this high-standard agreement as soon as possible.  AmCham Singapore believes the TPP as negotiated provides the foundation for implementing the high standards needed to further economic growth and development in the Asia-Pacific region and represents the future of sustainable international trade.

 

“As Singapore serves as America’s business headquarters for Asia, we see first-hand many competing frameworks for creating the architecture for trade in the region, such as the Regional Comprehensive Economic Partnership,” said Dwight Hutchins, Chairman of AmCham Singapore.

 

“The TPP is, by far, the best and most strategic trade framework from a business perspective – even without the U.S. government in it – as the high standard elements within it are supportive of U.S. businesses,” said Steven Okun, Chairman of the AmCham Singapore TPP Task Force.

 

Not only does the TPP-11 provide duty-free access to its members for nearly all goods and all manufactured goods, it also dramatically opens-up opportunities for the flow of services and investment sectors. It enhances protections for intellectual property rights, promotes cross-border data flows, ensures fair competition by state-owned enterprises, and provides new opportunities for many government procurement contracts. Beyond any other trade agreement, it also includes unprecedented protections for the environment and labor.

 

See full press release here.

The American Chambers of Commerce in Australia and Singapore jointly affirm that both the respective U.S. FTAs associated with their countries benefit U.S. business and workers across each of their individual markets. Furthermore, in comments submitted to the U.S. Department of Commerce and the office of the U.S. Trade Representative, both Chambers agree that the U.S. government should build upon the successes of these agreements by entering into a multi-party agreement in the region.

 

This is particularly true given that Australia and Singapore continue to look to enter into the TPP without the U.S. If this were to occur, this could place U.S. companies and industries at a competitive disadvantage. The U.S. must find a way to engage both bilaterally and plurilaterally, or U.S. businesses and workers will risk falling behind.

 

To read the full paper, click here.

In response to Executive Order Regarding Trade Agreements Violations and Abuses, we at AmCham agree with Deputy National Security Advisor K.T. McFarland’s characterization of the Singaporean-American “economic relationship [as] robust.”

 

We at AmCham Singapore believe that a strong economic relationship between the U.S. and Singapore as outlined in the U.S. Singapore Free Trade Agreement (or USSFTA) has and will continue to benefit both countries. The USSFTA has become a framework for providing business opportunities, standardizing regulatory environments, and promoting innovation.

 

To read the full paper, click here.

K.T. McFarland, nominee to be U.S. Ambassador to Singapore, testified before the Senate July 20, 2017.

 

McFarland began by thanking her endorsers, namely Dr. Henry Kissinger, Secretary of State and National Security Advisor under the Nixon and Ford administrations; General H.R. McMaster, current National Security Advisor; and President Trump.

 

McFarland’s diplomatic strategy was outlined by three points of focus: first, the strong economic relationship between Singapore and the U.S.; second, the strong security alliance between the two countries; and third, similarities between both countries in government, demographics, and economies.

 

To read McFarland’s full testimony, click here: https://goo.gl/QiHsT7

In recognition of ASEAN’s 50th anniversary, this year’s ASEAN Business Outlook Survey (ABOS) will feature enlarged country-specific sections, much like the infographic below. It will include articles highlighting the work of AmCham member companies throughout the region such as CEO interviews, an SME roundtable, and a CSR overview.

 

To find out more, click here to read the ASEAN Business Outlook Survey published by AmCham Singapore!

 

MALAYSIA ABOS 2017

 

This year’s ASEAN Business Outlook Survey (ABOS) will feature enlarged country-specific sections, much like the infographic below. It will include articles highlighting the work of AmCham member companies throughout the region such as CEO interviews, an SME roundtable, and a CSR overview.

 

To find out more, click here to read the ASEAN Business Outlook Survey published by AmCham Singapore!

 

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To find out more about the perspectives of American companies on doing business in ASEAN, click here to read the ASEAN Business Outlook Survey published by AmCham Singapore!

 

INDONESIA ABOS 2017

 

 

We do this survey in conjunction with the other chambers throughout ASEAN. It reaches every member and prospective member of AmCham and beyond! It summarizes the respondents’ view on sales and profitability in the new future and evaluates key aspects of each ASEAN country’s investment climate.

 

To find out more information about how to be involved in this publication contact Kelli Lane at klane@amcham.org.sg.

Keep American Business Strong in APAC – Register now for the Washington, D.C. Doorknock, June 19-22!

 

APCAC 2017

 

Every year, the AmChams in the Asia Pacific Council of American Chambers of Commerce(APCAC) send senior delegations to meet with members of Congress, the administration, and leading think-tanks to convey our perspectives and gain understanding of the Washington policy landscape.  This year, we have a particularly important message to share:  Keep American business strong in Asia Pacific!

 

The Doorknock will be our first opportunity to connect with the new U.S. Administration.

 

In addition to the Doorknock activities, Singapore Ambassador to the United States Ashok Mirpuri will host the Singapore delegation for a breakfast, on Thursday, June 22.  If you sign up for the Doorknock, please let AmCham Head of Government and Public Affairs, Dustin Watson know if you can attend the breakfast; if you can, please send him a brief bio of yourself at dwatson@amcham.org.sg.

 

More information about the Doorknock and online registration is available by clicking here.

 

Did you know 54% of U.S. Businesses in Cambodia expect their work force to increase.

 

To find out more about the perspectives of American companies on doing business in ASEAN, click here to read the ASEAN Business Outlook Survey published by AmCham Singapore!

 

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