Hong Kong and Singapore property shrug off fund tax breaks

The long-standing rivalry between Asia’s two leading financial centres is heating up. As Hong Kong and Singapore compete harder for investment talent, tax incentives for fund managers have emerged as the new battleground. A government bill working its way through Hong Kong’s Legislative Council would result in sweeping

PANAMA · ECONOMY Key Facts —What happened: The cabinet approved B/.7.88 million (US$7.88 million) to hire law firms for the state’s arbitration defence. —How big the fight: Local media put total investment arbitration claims against the state at about US$33 billion. —The catch: Claims are demands, not expected losses,