A comparative study of Singapore and Hong Kong as international financial centres.

• Main Authors: Ho, May Li., Ong, Chiew Suan., Chua, Aik Ser.
• Other Authors: Ng Beoy Kui
• Format: Final Year Project
• Language: English
• Published: 2013
• Subjects: DRNTU::Business::Finance
• Online Access: http://hdl.handle.net/10356/52771
• Institution: Nanyang Technological University

While Singapore has succeeded in transforming itself from an entrepot centre in the 1960s into an important financial centre now, its ultimate goal would be to become an established international financial centre in Asia Pacific. In fact, it is competing both directly and indirectly with Hong Kong which is presently a prime Far Eastern international financial centre. Our study focuses on the historical evolution of Singapore and Hong Kong, government intervention is minimal and any government management of its financial centre is always reactive. That this, its financial centre practically evolves out of market forces.