SINGAPORE — Singapore is becoming the playground of the super wealthy. With its low-tax regime and its free-market credentials, foreign funds and assets have been flowing into the country even during the pandemic. On their tail, their wealthy owners have also rocked up to the Monaco of the east, some fleeing the political instability in Hong Kong.
Here, the super wealthy are welcomed with open arms. Financial institutions have been stepping up efforts to expand private-banking services. The country’s government has been working on introducing a new framework to facilitate the investment of funds. Read more…..
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Warren Buffett, Charlie Munger and Bill Gates sit down with Becky Quick to discuss a variety of topics including the markets, the state of the economy, the China trade talks and the state of health care around the world.