News Snapshot:
Suzhou Industrial Park Administrative Committee (SIPAC) has agreed on a strategic partnership with UOB China and UOB Kay Hian to provide innovative cross-border investment and financing and trade solutions to businesses in three key areas. The focus areas are telecommunications technology, biomedicine, and high-end manufacturing. The Memorandum of Understanding (MoU) between SIPAC, UOB China, and UOB Kay Hian was signed at the China-Singapore Investment Forum. Under the MOU, UOB Kay Hian will set up a wholly-owned securities company at the Suzhou Industrial Park (SIP) to assist enterprises located in the site as well as those in the Yangzte River Delta...