QUOTE(Artus @ Mar 3 2019, 03:38 AM)
No, they have no control over interest rates. Their intention is to control inflation, that's all. They remove Singapore dollars from the economy by pushing it up in order to reduce its availability for their people to spend.
They are well known to be a attraction for corporate tax avoidance activities. Profits from neighbouring countries which should be rightly be taxed locally are siphoned off to be taxed very lowly by them instead.
It is really too simplistic to say SG succeed by lowering its tax rates n all corporates will put HQ there. They are well known to be a attraction for corporate tax avoidance activities. Profits from neighbouring countries which should be rightly be taxed locally are siphoned off to be taxed very lowly by them instead.
How abt Labuan?
The sad truth is Malaysians all dun want to work. Only want tongkat.
Mar 3 2019, 08:19 AM

Quote
0.0119sec
0.35
6 queries
GZIP Disabled