Japan Times 28 May 2013
SINGAPORE – Two major Japanese banks and the Singapore government concluded a deal Monday to help small and midsize Japanese businesses operate in Southeast Asia.
The state-owned Japan Bank for International Cooperation, Mizuho Corporate Bank and Spring Singapore, an agency controlled by Singapore’s Ministry of Trade and Industry, agreed to promote Japan’s small and midsize businesses in the region by working together with small Singaporean businesses.
The memorandum of understanding signed Monday is meant to “promote Japanese companies’ investments in small and medium sized enterprises in Singapore and also to accelerate their joint business opportunities in Singapore and other ASEAN countries,” Hiroshi Suehiro, Mizuho’s managing executive officer, said in a statement.
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