Desmond Teo, EY Asia-Pacific

Desmond Teo, EY Asia-Pacific

Desmond Teo

20 February 2024
Wealth for Good: Enhancing Singapore's philanthropy ecosystem
According to a 2021 report,  9 out of 10 family offices in Asia Pacific are involved in philanthropy, disbursing on average USD $4 million each over 12 months. As Singapore endeavours to be a philanthropic hub in Southeast Asia, what are the ways to enhance the philanthropy ecosystem here? Desmond Teo, Private Tax & Family Enterprise Leader, EY APAC weighs in on the schemes announced in Budget 2024 and shares his perspectives on taxation and philanthropy in Singapore.

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23 June 2022
Single family offices in Singapore faces challenges from cyber security and how to tackle it
Tightened tax rules have stricken Greater China, which forces the super wealthy to plan to obtain permanent citizenship in Singapore through the Global Investor Programme. However, due to the complications of growing scams related to cyber security, data breach has become more common.

In The Spotlight, Prime Time’s Timothy Go and Bharati Jagdish spoke with Desmond Teo, Leader, EY Asia-Pacific Family Enterprise to find out more.

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