Singapore's ultrarich shun the bling in laundering crackdown
Sales of luxury cars, properties and golf memberships are falling in the wake of a $3.4 billion money laundering probe.
Source: afr.com
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Singapore's ultra rich shun the bling in laundering crackdown
Sales of luxury cars, properties and golf memberships are falling in the wake of a $3.4 billion money laundering probe.
Source: afr.com
Rich Chinese have yet to invest big in city-state
When ultra-wealthy Chinese entrepreneurs started moving to Singapore en masse in 2019, investment firms were salivating at the chance to manage billions in new money. So far, it hasn’t quite happened.
Source: thestar.com.my
Rich Chinese splashing out on luxury have yet to invest big in Singapore
Hedge funds, banks and private equity firms say there has been a relative pittance of new business from ultra-rich Chinese arrivals. Read more at straitstimes.com.
Source: straitstimes.com
Rich Chinese splashing out on luxury have yet to invest big in Singapore
When ultra-wealthy Chinese entrepreneurs started moving to Singapore en masse in 2019, investment firms were salivating at the chance to manage billions in new money. So far, it hasn’t quite happened.
Source: theedgemarkets.com