19 Sep '13, 1am

Singapore top US investment destination in Asia - Property Auctions News, Property Investment | PropertyGuru

Speaking to the media, Adelman said: “The 10-year cumulative US investment in Singapore stood at US$138 billion (S$176.6 billion) at the end of 2012.” This exceeded the amount of investments poured into Japan, Australia and China, by the US. “It is a credit to the Government of Singapore that it has created this very hospitable business climate in probably the best location in the world,” he added. In a separate statement, Adelman said: “US-Singapore relations are generally at an all-time high...Southeast Asia has become increasingly important to American multi-national corporations as they continue to increase their participation in the global economy.”

Full article: http://www.propertyguru.com.sg/property-management-news/2...

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