Report: There are more multinational companies that set up regional headquarters in Si

A report states that more multinational companies choose to set up regional headquarters in my country, which is much higher than Hong Kong.

According to a report published by Bloomberg Intelligence on Thursday (February 22), as of 2023, 1336 multinational companies set up regional headquarters in Hong Kong. According to data from the Singapore Economic Development Bureau in 2021, 4,200 multinational enterprises industry headquarters is located in Singapore.The report pointed out that in order to reduce geopolitical risks, many Chinese companies also chose to set up headquarters in Singapore rather than in Hong Kong.

The report said: "Singapore has a good relationship with Western countries, greater talent pools, economic diversification, and tax rewards. More and more global and even Chinese companies choose Singapore.The aspect is backward " The multinational companies that set up regional headquarters in the local area include Microsoft, Google's parent company Alphabet, Rolls-Royce, TIKTOK, and Shein.