6 March 2023
Why It Matters: Reasons behind more foreigners setting up businesses in Singapore
According to data from analytics platform Handshakes, out of 63,801 new corporate entities formed here last year, 29 per cent were foreign-owned.
Many Chinese companies have quietly registered in Singapore over the past 12 months in a bid to hedge against rising geopolitical risk as tensions between Beijing and Washington escalate.
Xu Le, lecturer at the National University of Singapore (NUS) Business School’s Department of Strategy and Policy shares her insights on what makes Singapore such an attractive hub for foreign owned corporate entities.

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