Singaporean President Tony Tan Keng Yam and Prime Minister Lee Hsien Loong assured visiting Indonesian President Susilo Bambang Yudhoyono of their country’s determination to strengthen bilateral relations with Indonesia.

The Indonesian President arrived in Singapore on April 22 for a Leaders' Retreat with the Singaporean Prime Minister.

During their meeting, Prime Minister Lee Hsien Loong and President Susilo Bambang Yudhoyono reviewed the progress made since their last retreat in Bogor, Indonesia, in March 2012.

They got an update on the progress of the bilateral working groups set up by both sides in 2010. These groups cover such areas as investment, air transportation, tourism, manpower, agro-business, counter-terrorism and economic growth zones.

On this occasion, Singapore’s Nanyang Technological University (NTU) conferred the honorary degree of Doctor of Letters to the Indonesian President in acknowledgment of his contributions over the years to developing close ties between Indonesia 's educational and research institutions and the NTU.

Singaporean officials said bilateral ties between Singapore and Indonesia remain strong. In 2012, Singapore was the top investor in Indonesia with its foreign direct investment (FDI) standing at nearly 5 billion USD while Indonesia was Singapore’s third largest trading partner with total trade amounting to 79.4 billion SGD (roughly 64 billion USD).

On April 23, the Indonesian President will fly to Naypyidaw, Myanmar, for a two-day state visit, during which he will meet with his Myanmar counterpart U Thein Sein on strengthening bilateral ties.

According to Indonesian media, the two Presidents are scheduled to witness the signing of several memoranda of understanding concerning trade, capacity building and investment.

President Yudhoyono will go to Bandar Seri Begawan, Brunei, on April 24 to attend the 22nd Summit of the Association of Southeast Asian Nations (ASEAN) there.

He will also attend the 9th summit of the Brunei-Indonesia-Malaysia-Filipino East ASEAN Growth Area and the 7th summit of the Indonesia-Malaysia-Thailand Growth Triangle, which are held on the sideline of the ASEAN Summit.-VNA