MAS held talks with investment firms about reducing taxes for fund managers to maintain Singapore’s competitiveness and retain talent. The proposal is a modestly supportive signal for the local asset-management industry, though specific tax rates and timing were not provided.
MAS held talks with investment firms about reducing taxes for fund managers to maintain Singapore’s competitiveness and retain talent. The proposal is a modestly supportive signal for the local asset-management industry, though specific tax rates and timing were not provided.
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mildly positive
Sentiment Score
0.15