Over the last several decades, members of the investment community at large have shifted attentions to the emerging markets of the east. As centers of growth blossomed in Asia, major businesses with traditional centers in London and New York began to gravitate eastward, establishing monetary as well as physical presences in the Asia. This development has led to the emergence of Singapore as a business center from which Asian and Western operators have begun to center their business interests.
The status of Singapore as a hub of Asian and international business is not surprising. Singapore was long a British Crown Colony ...