Singapore plans tax, visa incentives to boost fund industry

Singapore will introduce tax exemptions on profits earned by fund managers and make it easier for investment professionals to obtain visas as it seeks to head off growing competition in the asset management sector, the central bank has said. The ‌Monetary Authority of Singapore (MAS) and the finance ministry plan to ex

WorkCity-state announces initiatives to strengthen position as regional wealth hubSingapore's financial district is seen in 2023. The city-state is aiming to boost its asset management sector as competition intensifies with Hong Kong and other regional hubs. © ReutersDYLAN LOHAugust 19, 2026 15:29 JSTSINGAPORE -- Singa