Indian wealth still being parked in Singapore
Singapore has seen tremendous growth as a wealth management centre in recent years. After the country eased COVID restrictions, it has become a leading Asian co
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Singapore has seen tremendous growth as a wealth management centre in recent years. After the country eased COVID restrictions, it has become a leading Asian co
Get latest articles and stories on World at LatestLY. Singapore has seen tremendous growth as a wealth management centre in recent years. World News | Indian Wealth Still Being Parked in Singapore.
SINGAPORE, Feb 6: Singapore has seen tremendous growth as a wealth management centre in recent years. After the country eased COVID restrictions, it has become a leading Asian country to see a fresh wave of affluent foreigners looking to park their wealth here due to the tax-friendly regime and comparatively safe and secure environment. In the ten years from 2012 to 2021, assets under management have increased more than three-fold from SGD1.6 trillion (USD1.2 trillion) to SGD 5.4 trillion, according […]
Singapore has seen tremendous growth as a wealth management centre in recent years.
Like many rich Chinese, graduate student Zayn Zhang thinks Singapore could be ideal to park his family's wealth.