HSBC, SBF to help Singapore businesses scale GBA, India, Middle East

HSBC launched a business guide and will offer net zero transition solutions.

HSBC and the Singapore Business Federation (SBF) have signed a memorandum of understanding (MOU) to help Singapore businesses expand activities in the Greater Bay Area (GBA), India, and the Middle East.

The MOU–inked at the Singapore Apex Business Summit 2024 on 24 July at the Sands Expo and Convention Centre–will see HSBC offer solutions to Singapore businesses to support their net zero transition needs.

HSBC has also launched a business guide that provides insights to six major markets within ASEAN as well as the GBA, India, and the Middle East.

This makes HSBC the first global bank in Singapore to sign a MOU with SBF, with a focus on support for local businesses’ overseas expansion and transition needs, the bank said in a press release.

SBF CEO Kok Ping Soon said that they are “delighted” to collaborate with HSBC to help more Singapore companies scale their business in India and the Middle East.

“Both markets present growth opportunities – such as components manufacturing, semiconductor, automobile manufacturing in particular electric vehicle solutions, and clean energy for India, and urban infrastructure solutions, energy and renewables, and fintech for Middle East,” Kok said in a statement.

Kok believes that by leveraging SBF and HSBC’s combined resources and expertise, they will be able to arm Singapore businesses better with the necessary insights, data and networks needed to grow in these markets.

Follow the link for more news on

HSBC

A NOTE FROM SINGAPORE BUSINESS REVIEW

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia