On April 17-18 Singapore hosted the III Russia-Singapore Business Dialogue”. Previously the first two events were held in Moscow. The Forum confined to the 50th anniversary of the establishment of diplomatic relations between Russia (as the successor of the USSR) and Singapore. The Forum was organized by the Russia-Singapore Business Council.

We congratulate Doctor of Historical Sciences German Dudchenko with the publishing of his Chinese-Russian dictionary that is developed by the system of four Chinese hieroglyphs. This type of allocation of signs according to their quantitive marks makes it easy to access.

United Aircraft Corporation (UAC) will take part in the Asia's Largest Aerospace and Defence event – international Singapore Air Show 2018, which runs from 6 to 11 February. The UACs product line will be represented by the military and civil aircraft models produced by the Corporation divisions.

On 9 February 2018, the Bank of Russia Board of Directors decided to cut the key rate by 25 bp to 7.50% per annum. Annual inflation remains sustainably low. Inflation expectations are diminishing progressively. Short-term pro-inflationary risks have abated. Therefore the balance of inflationary and economic risks has shifted slightly towards the risks to economic growth. The uncertainty over the situation in global financial markets has increased. This year annual inflation is much less likely to exceed 4%. In this environment the Bank of Russia will continue to reduce the key rate and may complete the transition from moderately tight to neutral monetary policy in 2018.

On the second day of the Singapore Airshow-2018 the Russia-Singapore Business Council organized negotiations between the leadership of the holding company Russian Helicopters (part of State Corporation Rostec), representing the Association of Aviation Manufacturers (Russia), with Mr. Sia Kheng Yok, the Executive Director of the Association of Aerospace Industries (Singapore), which consists of 34 companies.

The first day of Singapore Airshow 2018 one of the largest event of its kind in Asia, which, among others, was attended by more than 70 representatives of the Russian aerospace industry has passed. In the framework of the airshow Russia-Singapore Business Council together with the Centre for foreign promotion of high-tech products and presentation of investment projects in Singapore (Progression Pte. Ltd.) organized a business program for Russian companies.

On 5 February, 2018 in course of the business program of Russia-Singapore Business Council the negotiations were held between the management of Russian Helicopters holding companies (part of Rostec State Corporation) and Singapore government agency Singapore Cooperation Enterprise (SCE)

We warmly congratulate you with the coming 2018 year! We wish you health, happiness and success in all your initiatives!

Russia increased non-resource non-energy exports by 21% in 10 months of 2017. The highest growth rate amounted to 44% in the reporting period was demonstrated by supplies to the countries of Southeast Asia.

In December 2015 the experts of Russia-Singapore Business Council came up with the idea of the creation of electronic platform that would unite the main services necessary to conduct the international economic activity of industrial enterprises that, besides, would be universal. About how this idea finds its realization our correspondent Natalya Varfolomeeva is talking with the executive director of the Council, general director of RSTradehouse LLC Sergey Pronin.