Components of Overseas Investment Singapore’s corporate sector saw their total investment abroad declined from $649.0 billion as at end 2007 to $630.6 billion as at end 2008.The largest component was direct investment, which contributed to about 47.3 per cent (or $298.1 billion) of total investment abroad.
Portfolio investment and other foreign assets accounted for 25.5 per cent (or $160.6 billion) and 27.3 per cent (or $171.9 billion) of total overseas investment respectively.
Both stock of direct investment (-5.2 per cent) and portfolio investment (-11.5 per cent) declined in 2008, while stock of other foreign assets recorded double digit growth (12.3 per cent). Full Story
