Singapore has seen a tremendous rise in family offices, from 400 in 2020 to more than 1,100 today. The government is embracing this segment by providing incentives for Ultra High Net Worth Individuals to set up family offices there, challenging Hong Kong’s traditional role as Asia’s financial centre. Loh Kia Meng of Dentons Rodyk & Davidson discusses the island state's strategy in attracting investors and whether this can be replicated in Malaysia.

Image credit: Shutterstock.com

Singapore has seen a tremendous rise in family offices, from 400 in 2020 to more than 1,100 today. The government is embracing this segment by providing incentives for Ultra High Net Worth Individuals to set up family offices there, challenging Hong Kong’s traditional role as Asia’s financial centre. Loh Kia Meng of Dentons Rodyk &amp; Davidson discusses the island state's strategy in attracting investors and whether this can be replicated in Malaysia. Image credit: Shutterstock.com

Opinion and analysis of today’s international and local news that matter to Malaysians. Everything you need to know to start and plan your work.

Opinion and analysis of today&rsquo;s international and local news that matter to Malaysians. Everything you need to know to start and plan your work.

Advertisement