HKTDC signs first MOU with Singapore-based bank

The partnership also aims to generate job opportunities and strengthen communities across both regions.

The Hong Kong Trade Development Council (HKTDC) signed a Memorandum of Understanding (MOU) with United Overseas Bank Hong Kong Branch (UOB Hong Kong) at the ASEAN Conference 2025 in Singapore, a first of such a partnership for Hong Kong.

The MOU aims to strengthen regional ties and promote sustainable growth by leveraging UOB’s extensive regional network and financial expertise, alongside HKTDC’s strengths in trade promotion, to access new markets, resources and professional knowledge.

The MOU also promotes local enterprise development and economic resilience by matching local value chains with foreign direct investments(FDI). 

The partnership is dedicated to initiatives that encourage international collaboration, ease trade movement, and promote cultural and business exchange through joint programmes and knowledge-sharing platforms through matching investment with local value chains, enhancing investment assistance and building the capacity of businesses to compete and thrive in the regional market.