Russia Singapore Business Forum (RSBF) 2018

Thu, 20 Sep, 2018, 8:00 AM - 2:30 PM (GMT+8)
Grand Ballroom, The Ritz-Carlton, Millenia Singapore Marina Bay, 7 Raffles Ave, 039799
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Russia Singapore Business Forum
The RSBF is the premier platform for fostering investment, trade and thought leadership between Russia and Singapore. RSBF 2018 is the first edition organised by Enterprise Singapore.

About RSBF 2018
As global economies continue to face uncertainty, risk and obstacles, Russia and Singapore must mitigate the impact of global volatility and seek out new ways of growth. RSBF 2018 will address these pertinent issues and examine Russian entrepreneurship, factors for successful cross-border collaborations, and new shifts in the consumer retail landscape, and Russia as a potential market for SMEs. The panels will cover a comprehensive range of themes from Russia’s economic fundamentals and potential, to opportunities in consumer goods and technology.

The Forum will also provide opportunities for business partnerships to be forged, through 1-to-1 business matching between Russian and Singaporean companies.

RSBF 2018 coincides with the 50th year of diplomatic relations between Russia and Singapore.


TimeProgramme (Subject to change)
8.00amRegistration & Networking
9.00amWelcome Remarks 

Ms Kathy Lai
Deputy Chief Executive Officer, Enterprise Singapore
9.05amDialogue Between  DPM Akimov and DPM Tharman

Mr Maxim Akimov

Deputy Prime Minister, Russia

Mr Tharman Shanmugaratnam
Deputy Prime Minister and Coordinating Minister for Economic and Social Policies, Singapore

Christopher Weafer, Senior Partner and Founder at Macro Advisory 
9.40amExchange of MoU
9.50amKeynote: Russia - Getting back to Business
The Russian economy is recovering from recent economic setbacks, sanctions and depressed commodity prices. Government expenditure, lower interest rates and growing consumer confidence are driving growth. Its increasingly market-based economy has been generating opportunities for foreign investors as well as for its tech-savvy, innovation-rich domestic enterprises.
  • As Russia’s economy strengthens, how will the business environment change?
  • What barriers are currently impeding the flow of investments, trade, and business between Russia and Singapore/Asia, and how can these be overcome?
  • The Russian government is strongly incentivising local production, assembly and value-addition. How practical or realistic is it for Singapore SMEs to switch from an export model to local production?
  • How is technology impacting Russians' competitiveness?
  • What is the role of the Russian private sector in driving change across the market and beyond?
  • What are the long-term implications of the West’s sanctions on Russian companies’ growth strategies?
  • How should international investors factor in the uncertainty of the sanctions environment in their business planning for Russia?
  • Which sectors feature the most promising projects which could call for closer collaboration between the two countries?
  • What is the experience of Russian companies internationalising to Asia?
10.40amNetworking Break
11.10amConsumer: Winning over the Russian Consumer
Consumption in Russia is undergoing a rapid transformation.  Domestically produced goods are gaining market share and consumers are increasingly savvy and sensitive to both price and quality. E-commerce is also changing their behaviour and creating new business opportunities.
  • How can local companies partner Russian companies to compete efficiently? 
  • To what degree is e-commerce disrupting traditional retail and distribution?
  • How should foreign brands approach the market? Is localisation the only game in town?
  • How different is the Russian consumer from other emerging market consumers?
  • What significant trends in convenience, customisation and personalisation will impact the sector?
  • Will larger brands be nimble enough to compete in a social media-driven retail scene?
  • How do brands navigate logistics challenges in supplying to a physically large market like Russia?
  • What are the top three things that foreign brands should understand about the Russian consumer?
  • How significant are the differences in consumption patterns between the major regions e.g. Moscow vs St Petersburg vs Russian Far East?
11.50amTechnology: Bridging the Ecosystem between Russia & Singapore

Blockchain, artificial intelligence, and augmented reality could be part of our normal day to day lives in the very near future. A healthy ecosystem is required to support and guide the development and commercialisation of these technologies. Russia and Singapore tech ecosystems have different strengths; how can we leverage each other’s strengths to benefit start-ups in both regions.
  • Why should local companies consider sourcing technology from Russia? How can they navigate and identify technology partners?
  • Could Singapore be the natural base for Russian technology firms and start-ups to venture into Asia? What are the benefits for Russian companies in having Singapore as a base?
  • What are the differences between the tech ecosystem in Russia and Singapore? What can they learn from each other?
  • How can Singapore-Russia partnerships leverage each other’s strengths to gain access to a greater pool of customers?
  • What opportunities are there for local companies to expand into Russia, and vice versa?
12.50pmSpotlight Asia: Defining the Opportunities for Russian Entrepreneurs in Asia
Asia has been growing at a rate of 5.2% over the last decade and will be the fastest growing region in the next decade.  More than 500 Russian companies are based in Singapore, using it as a base for their Asian operations and increasingly we see that more Russian companies are venturing into Asia.
  • How can Russian companies, which are new to the region, understand the highly differentiated and fragmented markets in Asia?
  • Why is Asia extremely important for Russian entrepreneurs/companies?
  • How will Russia companies benefit from having an Asian strategy?
  • What is Singapore’s role in their Asian strategy?
1.30 pmNetworking Lunch
2.30 pmEnd of Event


Guests-of-Honour at RSBF 2018

imageMaxim Akimov
Deputy Prime Minister, Russia
imageTharman Shanmugaratnam
Deputy Prime Minister and
Coordination Minister for Economic
and Social Policies, Singapore


Speakers at RSBF 2018

imageSudeep Nair
Group CEO
Food Empire Holdings
imageReiner Hartmann
Head of Moscow Office

Uniper Global Commodities SE, Russia
imageParag Khanna
Managing Partner
imageSvetlana Bobrova
Consumer Practice Leader
Nielsen Russia

imageMark Hon

Action Community for Entrepreneurship 
imageRaj Vardhan
Senior Vice-President

Olam International 
imageLeonid Strakhov 
imageMark Shmulevich
Board Member 
imageIlya Sachkov 
Group IB 
imageSara Gerdner Kalle 
Head of Group Sales 
imageAnna Kuzmina
Chief Commercial Officer
imageKirill Varlamov 
Internet Initiatives Development Fund 
imageChristopher Weafer 
Senior Partner and Founder
Macro Advisory
Patrick Ang
Rajah & Tann Asia
imageTagir Sitdekov
First Deputy of the General Director
Russia Direct Investment Fund
imageOliver Tan 
imageKirill Androsov
Executive Director
Atlas Asset Management
imageDesmond Tay

vCargo Cloud
imageSteve Goh 
Head of APAC

imageAnna Balyaeva
Managing Director for International 
Business Development

Russian Export Center


Event App

Use the Enterprise Singapore Event App to take part in discussion, raise questions to the panellists and check-in on-site for your event badge!

Follow the instructions below to get started:


Download and install ‘Micepad’ from Apple App Store or Google Play Store into your mobile device. The App works on both smartphones and tablets.

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Step 2: LOGIN

Key 'RSBF' into the search field and login using the email address you used to register for the event. You will be prompted to create a new Event App password if you are logging in for the first time. Otherwise, key in the password you have created previously.

Event App features are available only to successfully registered delegates of the Russia Singapore Business Forum 2018. If you are also attending another Enterprise Singapore's event that uses the Event App, simply tap on 'Exit' under the Settings panel to select the App for RSBF.

Should you have trouble logging into your account or using the Event App, please approach our Event App helpdesk on-site.

Partners of RSBF 2018

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Russia Singapore Business Forum (RSBF) 2018

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