Tax breaks lure Kuehne+Nagel to Singapore
International logistics group Kuehne+Nagel is following China Navigation and shipbroker Clarkson in relocating its Asia-Pacific management headquarters from Hong Kong to Singapore.
On the move: Kuehne+Nagel to shift to Singapore (Photo: K+N)
About 20 people, including Kuehne+Nagel Asia-Pacific managing director Andy Weber, are affected by the move, which is expected to occur in the first quarter of next year.
Mr Weber is among a number of staff who have already agreed to relocate,...
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