atans1

What ST & CNA not saying abt Dyson’s move of HQ to S’pore

In Economy, Media on 23/01/2019 at 7:31 am

There’s a lot of news in the constructive, nation-building CNA and ST about Dyson moving its HQ here from Malmesbury in Wiltshire.

Big catch for S’pore?

Only two employees, Dyson’s chief financial officer and its chief legal officer, will move to Singapore, according to the FT and the BBC. Not that S’pore is not important to Dyson and vice versa.

Dyson has facilities (R&D and manufacturing) here and in October announced plans to build its new electric car in its new factory there: Ang moh manufacturer employs more people here than in China and planning to employ a lot more.

Dyson Ltd is a British technology company that designs and manufactures household appliances such as vacuum cleaners, air purifiers, hand dryers, bladeless fans, heaters and hair dryers. Most of its products are designed in the UK, but manufactured in Asia.

Vote wisely.

Don’t be taken in by BS and fake news both from the constructive, nation-building, “PAP knows best” MSM, and Terry’s Indian Goons, the Indians Idiots and other anti-PAP alt media publications.

The truth is out there, and is usually easily found by splitting the difference.

 

 

 

 

  1. Under the Economic Expansion Incentives Act (mainly executed by EDB), Dyson HQ will likely qualify for up to 5 years of tax exemption or concessionary rate of 5% or 10%.

    Its existing operations in S’pore should already be enjoying the above tax incentives.

    No contest with UK corporate tax rate of 19% (18% starting from Apr 2020).

  2. not too bad.

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