Japanese multinational companies relocate regional headquarters from Singapore to Malaysia and Thailand for tax incentives and lower costs.
Japanese multinational companies are shifting regional headquarters out of Singapore to Malaysia and Thailand due to tax incentives and lower operational costs. Malaysia's global service hub tax incentives and Thailand's production site concentration are attracting firms; Singapore remains popular but is losing ground. The trend suggests companies may move non-core functions to other Southeast Asian countries.
April 11, 2024
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