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Big jump in share of foreigners setting up Singapore firms

Claudia Chong

Published Mon, Feb 20, 2017 · 09:50 PM

Singapore

SINGAPORE recorded a flat year for company formation in 2016, with the share of foreign individuals setting up companies here surging to 44 per cent, from 26 per cent in 2015.

The biggest rises were in the proportion of individual shareholders from China, Malaysia and India, according to a report released on Monday by corporate services firm Hawksford Singapore.

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