ASEAN Plus Business Alliance (APBA) is pleased to share an opinion article published in Lianhe Zaobao, co-authored by our Co-Chairman, Tan Chong Huat, and Council Member, Tan Poh Hwee. They also serve as Chairman and President of the Asia Academy of Digital Economics (AADE), respectively.

The article examines the evolving competition between Singapore and Hong Kong as Asia’s leading asset management hubs, including the different policy approaches adopted by both markets to attract and retain talent and financial institutions.

It also highlights Singapore’s competitive advantages, including its diverse capital base, global asset allocation capabilities and comprehensive professional services ecosystem. These strengths are further supported by regulatory stability, the rule of law, the free flow of capital and strong whole-of-government coordination.

Read the full article in Lianhe Zaobao here.