51. Singapore, a wealthy manufacturing and financial hub, has been taking initiatives to help market Southeast Asia to foreign investors amid a growing challenge from China. 52. Taiwan also wants to develop the island as a regional financial hub. 53. The bomb found in the financial hub of Makati was set to explode and was not merely intended to frighten people, Aglipay warned. 54. The cartel members also allegedly arranged to collect drug profits in financial hubs in the United States and Europe. 55. The government is attempting to make Taiwan an Asia-Pacific financial hub to rival Hong Kong and Singapore, and expand the local foreign exchange market. |