Photo by Arul Kumaran on Unsplash

COTD: Cross-border investment skyrockets 453% in Q3

Year on year, it increased by 22.5%.

Cross-border Investments of Singapore-based entities soared by 453.3% quarter on quarter during the third quarter of the year, according to a Knight Frank report.

Totalling $4.6b, year on year, it increased by 22.5%.

The report noted that outbound investment deals continued amidst ongoing global uncertainty.
 

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