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Intangible asset valuation guidelines will bring clarity, boost Singapore’s IP standing: analysts 

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Varun Karthik

Published Fri, Jun 30, 2023 · 05:00 AM
    • Intangible assets are becoming an increasingly important driver of business value, noted the Intellectual Property Office of Singapore.
    • Intangible assets are becoming an increasingly important driver of business value, noted the Intellectual Property Office of Singapore. PHOTO: PIXABAY

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    NEW guidelines that Singapore is developing for the valuation of intangible assets (IAs) should bring clarity to what is currently a grey area, and boost the Republic’s status as an intellectual property (IP) hub, said industry players and analysts.

    Guan Dian, co-founder of patent analytics company PatSnap, said: “(The guidelines) will encourage more companies and investors to invest in Singapore’s IP ecosystem, creating more opportunities for collaboration and growth.”

    The Business Times reported on Sunday (Jun 25) that new IA valuation guidelines may be in the pipeline, based on tender documents on government portal Gebiz.

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