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MOL treasury unit gets Singapore boost

It bags Finance & Treasury Centre status which comes with a reduced corporate tax rate

Singapore

THE treasury arm of Japan's leading shipping company, Mitsui OSK Lines (MOL), has secured Finance & Treasury Centre (FTC) status in Singapore.

MOL Treasury Management (MTM) managing director Mitsujiro Akasaka said: "With the FTC status, we will be able to consolidate...

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