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Singapore Attracts Multinationals Over Hong Kong
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A Bloomberg report reveals a surge in multinational companies favoring Singapore over Hong Kong as their Asian headquarters, attributing the shift to factors like stronger Western ties, a larger talent pool, economic diversification, and tax benefits.
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How could this trend impact the future competitiveness of Hong Kong and Singapore as business hubs?
How might Hong Kong respond to losing multinational companies to Singapore?
What implications does this shift have for the geopolitical landscape in the region?
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