With Surge In Family Offices, Singapore Aims To Boost Charitable Giving

04/09/2025

As of end-2024, Singapore hosts over 2,000 single-family offices, marking a tenfold increase in just five years, driven by clear regulations, strong wealth management capabilities, and government support, with MAS further encouraging philanthropic giving through dedicated initiatives and tax incentives that enable the strategic deployment of wealth.

Source:https ://www.straitstimes.com/singapore/community/with-surge-in-family-offices-spore-aims-to-boost-charitable-giving

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