KUALA LUMPUR -- Asia's major banks -- from Japan, Singapore and elsewhere -- are flocking to participate in a special economic zone initiative launched in the southern Malaysian state of Johor, underscoring growing interest in what local authorities hope to develop into a regional investment hub amid global supply chain shifts.
Finance
Asian banks race to join Malaysia's economic zone initiative
Mizuho follows UOB and others in backing companies investing in Johor
Malaysian Economy Minister Amir Hamzah, center, says a strategic partnerships with Mizuho Bank will reinforce the Johor-Singapore Special Economic Zone's role in driving sustainable and inclusive development, pictured on Oct. 1. (Photo by Norman Goh)
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