Chinese are pouring money into ‘super cities’ including SG
The top five "super cities" experiencing an explosion of Chinese commercial real estate investment are, clockwise from top left, New York, Hong Kong, London, Singapore and Sydney. (CNBC, 8 May) - Chinese investors can't seem to get enough of commercial real estate abroad - having already spent $1 billion in the first...
S’pore steps up international cooperation on tax evasion
DPM and Finance Minister Tharman May 14 (Reuters) - Singapore, the world's fourth-biggest offshore financial centre, said on Tuesday it will adopt new measures to make it easier to share information on potential tax evaders with other countries, including the United States. The Southeast Asian city-state, keen to avoid the...
Singapore to eclipse Switzerland as tax haven by 2020
Singapore (14 May) - As regulations tighten in Europe and the world's wealth moves to Asia, Singapore is tipped to overtake Switzerland to become the largest global offshore wealth center in terms of assets by 2020, according to London research firm, WealthInsight. Although Switzerland easily retains its offshore banking...
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