Singapore continues to draw investments from global players including TikTok owner ByteDance, PayPal


Singapore increases its attractiveness to foreign investment. Include DB Schenker, logistics firm from Germany, ByteDance a Chinese tech, TikTok, Beijing-based owner.  Other company having interest in Singapore includes Twitter, Johnson Controls, PayPal, Rakuten, Zoom and Kajima.

First half of 2020 itself, Singapore attracted an estimate $14.3 billion fixed-asset investments approximately 95% of total 2019, a 7-year high, investment commitments.

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Source: straitstimes


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