The Monetary Authority of Singapore (MAS) has announced its intent to revise regulations for retail investors interested in investing in private market funds. This move reflects growing interest from individual investors and an increasing number of offerings from industry players.
Salesforce Inc., a leading customer relationship management software provider, has announced plans to invest $1 billion in Singapore over the next five years. This initiative reinforces the company's commitment to strengthening its position in the rapidly growing markets of Southeast Asia. The investment will focus on expanding corporate presence in the region and developing innovative technologies, including artificial intelligence (AI) platforms.