Singapore Evening Wrap: MAS Unveils Asset Management Blitz as Asian Markets Slide

Singapore's central bank dropped a triple-bombshell package today to protect its position as Asia's premier fund management hub, rolling out new tax breaks, a fresh work visa track, and a hedge fund investment programme effective from 2027. The Monetary Authority of Singapore (MAS) announced a new Investment Management Track under its Overseas Networks and Expertise (ONE) Pass framework, specifically designed to attract global fund managers and...