“Maybank and the Singapore Manufacturing Federation (SMF) signed a memorandum of understanding (MoU) to expand access to the Johor-Singapore Special Economic Zone (JS-SEZ) and support its development as a mutually beneficial proposition for both countries and the broader ASEAN region…”
“The bank is facilitating about RM22 billion in financing and investment interests including support for digital infrastructure, manufacturing, small and medium enterprises (SMEs) and businesses pursuing regional opportunities.”
” ‘Through this collaboration, we will leverage our presence across 10 ASEAN countries to provide SMF’s network of over 5,000 members with knowledge-sharing, business networking and capacity-building initiatives as they expand in Singapore and beyond,’ Maybank said.”
“[Johor Chief Minister] Onn Hafiz said the JS-SEZ had attracted a record RM126.9 billion (S$40 billion) in foreign direct investments since its formalisation…”
“The partnership with SMF aligns with Maybank’s ROAR30 strategy of achieving a refreshed target of mobilising RM300 billion (S$94 billion) in sustainable finance and new targets of RM100 billion (S$31 billion) each for the new economy and SMEs across ASEAN, while supporting Singapore’s Manufacturing 2030 vision.”