Singapore a well placed hub to monetise intangible assets

Singapore

AS a financial hub, Singapore is well placed to work with international and local partners to appraise, as well as better monetise and finance intangible assets, which account for an increasingly large portion of a company's value today, said minister Indranee Rajah on Tuesday.

"Globally, the enterprise value of intangible assets is now more than half of the world's total gross domestic product, and has more than doubled since the turn of the century. This shift towards intangible assets is evident in Singapore too. A 2016 study of 900 local companies found that more than one-third of their assets were intangibles, up from 20 per cent in 2010."

The minister in Prime Minister's Office and second minister for finance and second minister for education was speaking at IP Week @ SG, a two-day innovation conference that commenced on Tuesday and is presented by the Intellect…