Felicia was quoted in Lianhe Zaobao by Lai Oi Lai. The article reported on the establishment of more new companies in Singapore, despite the economic slowdown (p. 1).
It included Felicia’s comments that it is not surprising that more new business entities are established, as it may mean that companies are more aware of the need to prevent risks and set risk limits. Furthermore, in the past three to five years, companies with diversified businesses have learned to control business and project risks by setting up special purpose vehicles (SPACS) or other subsidiaries to better attract investors and manage business risks.
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