Six banks commit to advancing financial facilitation in JS-SEZ - Rafizi

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KUALA LUMPUR: Six banks signed a letter of intent (LOI) today with the Ministry of Economy, advancing financial facilitation to support the Johor-Singapore Special Economic Zone (JS-SEZ), said Economy Minister Datuk Seri Rafizi Ramli.

It will comprise a comprehensive roadmap outlining the long-term vision, strategic aspirations, and investment opportunities within the special economic zone.

"Having the buy-in from these anchors of the financial system is perhaps the best show of progress and belief in JS-SEZ to date,” he added.

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Category: EconomyBusiness

Markets: MalaysiaHong KongSingapore

Topics: Ministry of Economy Financing /Business/Business News JS-SEZ Rafizi Ramli Economy Banking

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-19 @ 13:34:00 (7 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 415 words

Reading Time: 3 minutes read

Sentences: 20 lines

Sentence Length: 21 words per sentence (average)

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Copyright Owner: © The Star

News ID: 28802290

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