In the news
Singapore unveils one of the world’s first in master-planning an expansive digital infrastructure stack to power Singapore’s next bound of growth
Handshakes Chief Information Officer, Ong Jun Hao, appointed by IMDA as one of 18 SG Digital Leaders in 2023
More family offices setting up base in Singapore, above pre-pandemic numbers: Acra data
The family office numbers in 2021 and 2022 were strikingly higher than the pre-pandemic numbers of 45 in 2018 and 192 in 2019, noted Handshakes, which studies data from the Accounting and Corporate Regulatory Authority (ACRA) to derive information on family offices.
Foreign ownership of new entities up in 2022, with rebound in owners from China
According to data from analytics platform Handshakes, out of 63,801 new corporate entities formed here last year, 29 per cent were foreign-owned – that is, foreigners held stakes of more than 50 per cent in them.
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