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Singapore is becoming the Asian business hub, beating Hong Kong

Many MNC’s are choosing Singapore as the location of their Headquarter, instead of Hong Kong. Hong Kong has become China-centric in recent time and according to the reports, 46% Asian MNC headquarters are now stationed in Singapore, while only 37% headquarters are stationed in Hong Kong. In case of technology MNCs, the disparity is clearer with 59% headquarters in Singapore and only 18% is in Hong Kong.