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high net worth individuals (HNWI)
Wealth
Singapore retains title as most expensive city for luxury spending: Julius Baer report
Just two years ago, Singapore placed fifth behind cities like London and Taipei in the 2022 version of the annual report.
June 25, 2024
Singapore news
Singapore’s reputation as haven for super-wealthy is tested: Bloomberg Opinion’s Shuli Ren
"Singapore, it turns out, still cares about its reputation. Singapore-washing has finally hit a wall.": Ren
June 17, 2024
Banking & finance
HSBC Life unveils new universal life plan targeting high and ultra high net worth individuals
The HSBC Life Diamond Prestige IUL’s index account offers customers higher returns from the global equity market.
May 14, 2024
Wealth
AIA Singapore launches wealth centre to serve domestic and regional HNWIs and wealthy families
The move comes in response to the projected surge in the affluent population in Asia, says AIA.
April 30, 2024
Wealth
Abu Dhabi is the world’s newest wealth haven for billionaires
The financial flows to the UAE mark a new role for its US$509 billion ($683.3 billion) economy.
December 12, 2023
Wealth
Sun Life Singapore launches Indexed Universal Life policy amid strong wealth inflows
Sun Life Singapore has also introduced its inaugural Philanthropic Pledge in partnership with Community Chest.
July 17, 2023
Singapore economy
Singapore imposes new rules on family offices as Hong Kong recovers from Covid-19
New rules that kicked in April 18 will mean that family offices face a stricter regime to enjoy tax-exempt incomes.
May 06, 2022
Asset management
More alternative investment opportunities for ultra-rich Asian clients
Banks everywhere are competing to win over the ultra-rich in Asia.
August 26, 2021
Succession planning
Navigating the evolving needs of Asia's affluent
Singapore has the second highest rate of growth when it comes to HWNIs in 2020.
July 22, 2021