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Singapore sees sharp decrease in PE investment last year

SINGAPORE, March 28 (Xinhua) — Singapore registered a private equity (PE) investment of about 3.7 billion U.S. dollars in 2023, marking a contraction of nearly 74 percent from 2022, according to a recent report issued by the financial research company Pitchbook.

The venture capital (VC) investment in Singapore last year stood at 9.3 billion dollars, remaining stable with 2022, while VC deals fell from 998 to 65