{
  "id": 2046971,
  "title": "‘Can’t afford 6 more months of silence’: Singapore could gain edge over HK with asset management push",
  "url": "https://urgent.news/2026/08/19/cant-afford-6-more-months-of-silence-singapore-could-gain-edge-over",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-19T13:27:34.000Z",
  "source": {
    "name": "The Business Times - Companies & Markets",
    "slug": "the-business-times-companies-markets",
    "url": "https://www.businesstimes.com.sg/companies-markets/cant-afford-6-more-months-silence-singapore-could-gain-edge-over-hk-asset-management-push"
  },
  "original_language": "en",
  "account": "Singapore's move to unveil a broader set of measures to bolster its asset management sector is seen as a timely and decisive step by industry observers. The new measures aim to strengthen the Republic's position as a leading hub for asset management, potentially giving it an edge over Hong Kong in the regional race. Analysts believe the announcement sends a \"strong signal\" of Singapore's commitment to growing the sector, especially as there are growing concerns over the risk of losing investment talent and fund-management mandates to competing hubs. Commenting on the industry's need for action, Quantedge Capital CEO Suhaimi Zainul-Abidin noted that \"the timing of the announcement is a nice surprise,\" emphasizing that \"the industry cannot afford a further six months of silence.\"",
  "summary": "Analysts say MAS’ announcement is timely and sends a ‘strong signal’ of Singapore’s drive to grow the sector",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}