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You are here: Home Archive 2009 October 13 Tax breaks lure Kuehne+Nagel to Singapore

Tax breaks lure Kuehne+Nagel to Singapore

by Keith Wallis - Lloyd's List last modified Oct 13, 2009 11:57 AM

International logistics group Kuehne+Nagel is following China Navigation and shipbroker Clarkson in relocating its Asia-Pacific management headquarters from Hong Kong to Singapore.

  
Tax breaks lure Kuehne+Nagel 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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