On July 3, 2025, the Federation of Malaysian Manufacturing (FMM), the Singapore Manufacturing Federation (SMF), and United Overseas Bank (UOB) officially signed a tripartite Memorandum of Understanding (MoU) in Singapore, in conjunction with the ASEAN Conference 2025. FMM was represented by its President, Tan Sri Dato’ Soh Thian Lai, SMF by its President, Mr Lennon Tan, and UOB by Mr Frederick Chin, Managing Director, Group Wholesale Banking & Global Markets.
This strategic collaboration aims to boost regional investment, enhance cross-border trade, and support businesses, especially SMEs, in scaling across ASEAN. The MoU brings together financial expertise, industry leadership, and regional networks to strengthen ASEAN’s future-ready manufacturing ecosystem. Through this partnership, UOB will provide financial and advisory support to help FMM and SMF members expand beyond their home markets, unlocking greater opportunities under the Johor-Singapore Special Economic Zone (JS-SEZ) and beyond.
