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Home News Finance

Corporations Offshoring Office Hubs From US To Southeast Asia

NEWSROOM by NEWSROOM
June 6, 2024
in Finance, South East Asia
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Singapore is the biggest beneficiary of the post-pandemic trend of US employees abandoning in-office work. Will the shift to Southeast Asia continue?

General Electric announced in April that it was selling, the New York property where Jack Welch once held forth to his acolytes at the company’s fabled management academy, for $22 million. The same month, Apple went public with plans for a $250 million expansion of its Singapore regional hub, adding that it was considering increasing its manufacturing presence in other parts of Southeast Asia.

The headline announcements appeared…



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