YCH Group Singapore clarifies news report
09 May 2018
Published also in Business Mirror
IN the May 2, 2018, issue of Export Unlimited, a story titled “PHL receives $185.7-M investment pledges from Singapore companies” included a paragraph that said “Trade Secretary Ramon M. Lopez also signed an LOI with Asean Business Advisory Council Chairman Robert Yap, which involves a feasibility study on a suitable site for the implementation of a free online marketplace, SGConnect legacy project.”
In an e-mail to the BusinessMirror dated May 4, 2018, Daniel Wong, assistant manager, Executive Chairman’s Office of the YCH Group Singapore, said, “To be clear, the SGConnect legacy project is not a free online marketplace, and is not related to the web site— https://www.sgconnect.sg. Rather, the legacy project aims to facilitate integration of Asean states while catering for the envisioned pressure of rapid urbanization.”
![[IN PHOTO (from left to right): Ms. Ariane Monique Balaoing, PDCB; Exec. Dir. Doris U. Gacho, PODCB; Engr. Juvan V. Matuguinas, Davao City EO; Engr. Osler Ryan Imboy, Davao del Norte Provincial EO; Engr. Arch-Deo Naluan, Davao City EO; Engr. Chona Arocha, Davao City EO; Engr. Manuel D. Cellona, Davao City EO; Mr. Giovann Mikhael C. dela Rosa, PDCB; Engr. Ruel Dumadag, Davao Oriental PEO and Engr. Francis Erl Bahandi, Davao Oriental PEO]](https://dti-prod.beesites.net/wp-content/uploads/2025/09/PDCB-holds-dialogue-with-Davao-LGUs-and-learning-session-with-contractors-at-PHILCONSTRUCT-Mindanao-2025-300x120.jpg)
