SINGAPORE - Singapore is attracting wealthy investors and family offices moving their money out of the troubled Middle East in search of a safe haven. March financial data released by the Monetary Authority of Singapore (MAS) - the first month available since the Gulf war erupted on February 28 - confirmed anecdotal reports that the rich were moving their assets to Singapore, and to a lesser extent, Hong Kong, after the war. Looking at the data, Maybank’s economists Dr Chua Hak Bin and Mr Brian Lee said these flows are reflected in an outsized jump in March for Singapore deposits, foreign currency deposits, deposits by non-residents, MAS foreign reserves, and gold imports from Dubai.   https://www.straitstimes.com/business/banking/singapore-a-major-beneficiary-as-the-wealthy-move-money-out-of-troubled-gulf?ref=latest-headlines   (ICE SINGAPORE)

Fonte notizia: The Straits Times, 20 May 2026