Singapore's transaction activity up 30% at US$55.4b this year

Singapore

THE big acquisition drive this year by Singapore's state investment firms and their related companies has given a big boost to the country's total transaction activity.

Singapore saw total activity of US$55.4 billion so far this year, up 30 per cent from US$42.5 billion in the preceding year. The figure for the region - Singapore, Malaysia and Indonesia - was US$74 billion.