FDI income between US, S'pore down in 2016
Investment yields of S'pore firms in US have fallen sharply from 2015; drop is gentler for American MNCs here
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
DESPITE pumping more money into factories and offices, Singapore firms in the United States and US multinational corporations (MNCs) in Singapore saw their investment incomes fall in 2016.
Investment yields of Singapore firms in the US totalled US$282 million in 2016, down sharply from US$866 million in 2015, even as their investments jumped from US$21.65 billion to US$23.93 billion, according to the latest data released by the US Department of Commerce.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Beijing’s calculated silence on the Iran war
Middle East-linked energy supply shocks put Asean Power Grid back in focus
