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South Korea state pension fund opens Singapore office

South Korea's National Pension Service (NPS) Chairman and Chief Executive Choi Kwang (L) speaks to Development Bank of Singapore (DBS) Chief Executive Officer Piyush Gupta (R) during the opening ceremony of their offices in Singapore Sep 17, 2015.


SOUTH Korea's National Pension Service (NPS), which manages about 496.2 trillion won (S$596.9 billion), officially opened its first Asian overseas office in Singapore on Thursday as it seeks to capitalise on the Republic's regional financial hub status and the concentration of