ORDE E PRO G RESSO Presented By Jeffery Tan Corporate Vice President & Director otorola Law Department Asia Pacific Region
ORDE E PRO G RESSO LICENSING/REGULATORY - Licensing Regimes - Level of Red Tape/ Bureaucracy - Opportunity for Corruption - Regulating for Order Vs Overregulating for Inefficiency INVESTENT CLIATE - Political Stability - Economic Incentives - Openness to Foreigners - Level Playing Field - Local Equity Requirement (Eg. NEP) - (Corporate Governance) Corruption Index - Ownership Policy - Cost (The Singapore Dilemma) - Length of Ownership - Land as an Investment (AP Perspective Vs US Experience) ANUFACTURING - Geographical Location - Transportation Infrastructure - Airports - Ports - Local ass Transit System - Telecommunication - Standard - Reliability - Cost - Innovation Factor
ORDE E PRO G RESSO 1999 Transparency International Bribe Payers Index (BPI) Ranking 19 Leading Exporters Rank Country Score 1 Sweden 8.3 2 Australia 8.1 Canada 8.1 4 Austria 7.8 5 Switzerland 7.7 6 Netherlands 7.4 7 United Kingdom 7.2 8 Belgium 6.8 9 Germany 6.2 United States 6.2 11 Singapore 5.7 12 Spain 5.3 13 France 5.2 14 Japan 5.1 15 alaysia 3.9 16 Italy 3.7 17 Taiwan 3.5 18 South Korea 3.4 19 China (including Hong Kong) 3.1 Transparency International 1999 http://www.transparency.de/documents/cpi/index.html
ORDE E PRO G RESSO LICENSING/REGULATORY - Licensing Regimes - Level of Red Tape/ Bureaucracy - Opportunity for Corruption - Regulating for Order Vs Overregulating for Inefficiency INVESTENT CLIATE - Political Stability - Economic Incentives - Openness to Foreigners - Level Playing Field - Local Equity Requirement (Eg. NEP) - (Corporate Governance) Corruption Index - Ownership Policy - Cost (The Singapore Dilemma) - Length of Ownership - Land as an Investment (AP Perspective Vs US Experience) ANUFACTURING - Geographical Location - Transportation Infrastructure - Airports - Ports - Local ass Transit System - Telecommunication - Standard - Reliability - Cost - Innovation Factor
ORDE E PRO G RESSO LABOUR - Skills/Talent of Workforce - Potential for Upgrade/Training - Education Level - Openness to Foreign Talent - Xenophobic/Global Talent Hub - Industrial Relations Environment - Health and Safety - Labour Unions - ilitant Vs Collaborative - Government s view of Foreign Investors : Open Vs Protective especially in a downturn - The Singapore Debate INVESTENT CLIATE ANUFACTURING FOREIGN EXCHANGE - Repatriating Profits - Investing in the Host Country - Ease of Funds ovement - Theory Vs Reality/Practicality LICENSING/ REGULATORY TAX/INVESTENT INCENTIVES - Tax Incentives - On-going changes to keep pace with changes - Attracting Innovation and Hi-Tech - OHQ Status - Regional Hubs - Accelerated Depreciation - Taxing In the Borderless World of Cyberspace
ORDE E PRO G RESSO OPENNESS TO ADOPT TECHNOLOGY - Defined Road ap to Embrace the New Technology Age - Infrastructure to Support Ideals (Singapore - One Example) - Financial Incentives - Putting your money where your mouth is" INVESTENT CLIATE LEGAL FRAEWORK - Reliable/Impartial Legal System - Dispute Resolution - Dispute as a Business By-Product - Arbitration/ADR - Objective/Impartial Environment the Key to Success - Enforcement Capabilities - Legal achinery For Effective Implementation of Rights ANUFACTURING LICENSING/ REGULATORY ENVIRONENTAL REGULATIONS - Level of Rigour - Self Regulation Vs Government Regulation - Corporate Governance - Public Image of Corporation IP PROTECTION - Effectiveness of Laws - Law on the Books Vs Law in Practice - Lip Service Vs Focused Commitment TAX/INVESTENT INCENTIVES FOREIGN EXCHANGE LABOUR
ORDE E PRO G RESSO LEGAL FRAEWORK OPENNESS TO ADOPT TECHNOLOGY INVESTENT CLIATE IP PROTECTION ENVIRONENTAL REGULATIONS LABOUR FOREIGN EXCHANGE ANUFACTURING TAX/INVESTENT INCENTIVES LICENSING/ REGULATORY