News Formal

MOU between UOB, SGX and Chinese business association to help Chinese firms expand into Asean

  • 📰 The Straits Times
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 63%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

MOU between UOB, SGX and Chinese business association to help Chinese firms expand into Asean.

BEIJING - Two Singapore firms have inked a deal with a Chinese business association to help Chinese companies wanting to expand to Singapore and beyond.

The deal was one of the agreements reached between representatives from Singapore and their Chinese partners in conjunction with the Belt and Road Forum, which ended on Saturday in the Chinese capital. Mr Cheong said the bank helped more than 100 Chinese firms internationalise last year, about 50 per cent more than the year before.

Such initiatives to help Chinese companies launch investments into third-countries has been one area of cooperation that the Singapore Government has been promoting with China.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

ARA seeks business trust listing on SGX for US$720m hotel portfolioREAL estate investment group ARA Group is spinning off US$719.5 million of US hotels under the Hyatt brand into a business trust that it wants to list on the Singapore Exchange (SGX). Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »