Have to disagree with you. The reason many MNC companies are in ASEAN, China, ... is for the cheap labor, infrastructure, lower taxes, .... compared to Europe or the US. Well at least in the companies I have worked in. One of the MNCs I was with closed their operations in Spore & moved to China because it was cheaper to do so.
The PAP probably offered financial incentives to the company to set up shop in Spore, but it's hard to beat what China can provide e.g. cheap land, cheap labor, low taxes, OEM suppliers located nearby, ...
Inchcape might get away with it in Spore because consumer's expectations in Spore are very low since consumer rights in Spore is not strong but over time consumers may avoid doing businesses with them if they can't provide a decent level of servicing for the cars they distribute
Have to disagree with you. The reason many MNC companies are in ASEAN, China, ... is for the cheap labor, infrastructure, lower taxes, .... compared to Europe or the US. Well at least in the companies I have worked in. One of the MNCs I was with closed their operations in Spore & moved to China because it was cheaper to do so.
The PAP probably offered financial incentives to the company to set up shop in Spore, but it's hard to beat what China can provide e.g. cheap land, cheap labor, low taxes, OEM suppliers located nearby, ...
Inchcape might get away with it in Spore because consumer's expectations in Spore are very low since consumer rights in Spore is not strong but over time consumers may avoid doing businesses with them if they can't provide a decent level of servicing for the cars they distribute
If you look at what I said, we are on the same page. Rather than pay taxes in their own countries, park it as operations overseas. Operations I have seen and were involved in can be automated at a fraction of the price. After automation, 60-70% of manpower could be cut. The automation and time savings can be paid back and it will pay back in a few years if not in the first. For Singapore, it is a resounding yes, where I was. And they could have remote from back home even years back. If it is so bloody obvious how that can be done to me all the way to execution, I am sure HQ ain't that dumb.
India continues to be a major disaster if operation performance is taken seriously as the main reason. Their coding is disgusting, not because they are stupid, but they do not have enough international exposure and thus give you things that create more issues than they solve. No one is that dumb, ultimately, but you need to have the cultural exposure to build things. After you know it, no big deal. Mgt here is overpaid and can only look at numbers that a high school student can give you the same answer. If you cannot generate your own reports you also do not know what to look for and what to troubleshoot in today's world. Only know how to ask why and do very fundamental things. Clearly can cut. Slick talk does not make money and hiding behind compliance and rules does not hide incompetence.
Places I know cut people but not the perks, move operations but do not cut the perks. The jobs in the US are also damned easy to do and can be easily made redundant. But then it is your own country. Not enough jobs affects tax revenues and people able to buy things.Bad for the country and the government will go after you. There is no point in having cheap stuff if your country people do not have a job to pay for them. Even in the States now, you have factories that can output thousands and thousands of units per day with 5 man crew, capable of operating almost continuously, except for some maintenance time. Even in construction,
you now can lay pavements with machines and are cheaper better and faster even in europe. Much of the human factor can be taken out at a lower price. But then it is bad to have people unemployed in your own country. For other countries that MNCs are in? Who cares?
