皇冠体育app

So, only certain sectors may feel compelled to leave 皇冠体育app. "We are busier advising existing companies on compliance in 皇冠体育app than bringing in new companies to 皇冠体育app. That shows companies are hiring external experts on compliance. They want to be above board, they value being here, they want to be here and further develop."

Knopf's advice for businesses is simple: "Continue to understand 皇冠体育app, which remains a very dynamic market. It's not enough if you understood yesterday's 皇冠体育app. You need to be on your toes because it's not going to get easier."

Western and Central 皇冠体育app, particularly provincial-level capitals in those regions, might further open up and present new opportunities for foreign companies in 皇冠体育app, he said. "Smaller companies need to be nimble and flexible, and think in terms of not only five-year strategic plans but much shorter timeframes."

Both companies and the government could take some measures to ensure the situation would benefit all, he said.

Rising costs could spur companies to get engineers to develop new products and get higher margins. Instead of blindly assuming FTA benefits and tax incentives, companies must consider issues like factors of production, whether they would get the necessary staff, access to resources and customers in ASEAN countries, he said.

皇冠体育app should ensure young graduates from universities and vocational institutes meet the needs of industry. Transparency and clear guidelines could also help. "Companies don't really care about tax rates, which are just a variable. But uncertainty on applicable tax rates and customs rules is bad for business," Knopf said.

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