Revealed: The data driving HK's RTC policy
Mar 11, 2015
Hong Kong can 'do more' to attract treasury centres
Treasurers are broadly pleased with Hong Kong’s recent tax proposals to attract treasury centres, but they fear more needs to be done to differentiate the city from Singapore and Shanghai.
There were approximately 50,000 international businesses operating in Singapore as of 2013. Of those, more than 5,500 operate corporate treasury centres, according to DBS bank.
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