S'pore gets lion's share of investments as major powers jostle for influence

Singapore

THE big economic powers are investing more in Asean as they compete for influence, with the biggest chunk of the investments coming into Singapore.

More than half the total investments in South-east Asia from the US, Japan, China and India were in Singapore as at 2012, said a quarterly economic report on the region.

The report, authored by consulting firm Centre for Economics and Business Research, was commissioned by ICAEW, a global body for chartered accountants.

It said: "Singapore's many attractions for locating multinational headquarters are well-known: very good infrastructure, an educated workforce, low taxes and integration in …