Think again please: Why lose Money in Asia when You Could also Lose it at Home?
Time and time again our Singapore firm encounters the same situation; the local branch director of a European company (often a German one) announces that he will soon permanently return to Europe from Singapore. The local branch is quickly closed and its activities are taken over by a business partnership with a local Singaporean company soon after. In our experience, this tends to happen around 3 years after this venture into the Asian market began. Without even looking into company books, these departures generally no longer come as a surprise to us Europeans.
How everything began
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