Sunday, June 1, 2025
27.5 C
Singapore

Singapore emerges as second-largest global source of cross-border capital

- Advertisement -

SINGAPORE: Singapore has solidified its position as a major player in global finance, ranking as the second-largest source of cross-border capital worldwide, according to a report by Colliers.

The country saw over S$14.3 billion in capital invested globally, highlighting its status as a key hub for international investments.

The report revealed that the United States maintained its leading position, accounting for over S$42.5 billion in cross-border investments.

Canada followed closely behind Singapore as the third-largest source, contributing S$12.3 billion to the global capital flow.

- Advertisement -

Hong Kong and the United Kingdom rounded out the top five, with S$10.7 billion and S$8.5 billion in investments, respectively.

Singapore’s prominence is also reflected in its role as a destination for cross-border capital, specifically in land development investments.

The city ranked second in this category, attracting SGD 2.5 billion (USD 1.9 billion) in foreign capital.

Among other significant contributors in the Asia-Pacific region, China took the top spot with SGD 46.9 billion (USD 36 billion) in capital outflows, while India, Australia, Vietnam, Malaysia, and Japan also featured prominently.

See also  Bahrain in talks with Singapore on blockchain pilot
- Advertisement -

Hot this week

Non-life-threatening 995 calls to be redirected to medical triage helpline from June 1

SINGAPORE: From June 1, non-life-threatening 995 calls will be...

Non-life-threatening 995 calls to be redirected to medical triage helpline from June 1

SINGAPORE: From June 1, non-life-threatening 995 calls will be...

Deaf TikToker shares glimpse into daily life as an employed Singaporean

SINGAPORE: TikTok user Jaslyn, who goes by the handle...

They told me to ignore it: Why our response to bullying is failing

SINGAPORE: When we think about bullying, the mind often...

Philip Ng, 47, confirms his romantic relationship with 34 y/o model Renee Li

HONG KONG: It seems Philip Ng, the Hong Kong-American...

Popular Categories