DBS and Austrade ink memorandum of understanding to deepen investment links between Australia and Southeast Asia

Tan Su Shan, CEO of DBS, announced the MOU with Austrade during her welcome address at the 10th anniversary celebrations of DBS Australia. The initiative is the first between Austrade and a Singapore bank and aims to create opportunities for Australian companies and investors to expand into DBS’ markets in Southeast Asia including Singapore, Indonesia, Malaysia and Vietnam.^[1]^[2]th^{^[1]}https://www.dfat.gov.au/southeastasiaeconomicstrategy
^{^[2]}The GDP of the top six economies in Southeast Asia (Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam) is projected to grow at an annual rate of 5.1% over the next decade.[END]About DBSWorld’s Best BankWorld’s Best BankGlobal Bank of the YearWorld’s Best Digital BankMost Innovative in Digital BankingSafest Bank in Asiawww.dbs.comAbout Austrade