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Facebook Co-Founder Chooses Singapore Over US

Category: Tourism, Posted:13 May 2012 | 07:16 am

If you want to see how the new world order is shaping up just check out the latest news on Facebook Co-Founder Eduardo Saverin.
The billionaire has taken up citizenship in Singapore and renounced his US citizenship in a move that a few years ago would be unthinkable.
Much of the move has been motivated by taxation concerns ahead of Facebook's touted IPO and of which Saverin could benefit substantially from his shift of tax bases.
While the West is embroiled in a tax the rich focus these days, there is a danger that the move will drive entrepreneurs and high net worth individuals overseas.

Other News

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Thailand Tourism Forum (TTF) 2023 Registration Opens

Category: Hotels|Tourism, Posted:13 Nov 2022 | 16:38 pm The 12th edition of the Thailand Tourism Forum 2023, organized by C9 Hotelworks has opened registration. Set for 16 January 2023 at the Conrad Bangkok the event is the largest annual hospitality gathering in the country. With an impressive set of speakers and quality content, TTF is a  live, in-person (no virtual option), ‘must-attend’  industry […]
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AWC Set to Snap Up Westin Siray Bay Resort Phuket

Category: Hotels, Posted:11 Nov 2022 | 08:06 am Thailand’s growing hospitality conglomerate AWC (Asset World Corporation) has made public plans to acquire the 257-key Westin Siray Bay Resort and Spa Phuket. It is also acquiring the Grand Mercure Windsor Bangkok which has 459-rooms The AWC Phuket portfolio already includes the Phuket Marriott Resort and Spa Nai Yang Beach and Courtyard by Marriott Phuket […]
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Banyan Tree Phuket Launching New Oceanview Branded Residences

Category: Real estate, Posted:10 Nov 2022 | 12:20 pm Phuket’s Banyan Tree is rolling out two new products under their Grand Residences estate. Ten premium oceanview villas are priced in the THB100-150 million range and 40 seaview condominiums with median pricing of THB85 million. Located within the Laguna Phuket integrated destination resort, the group is expected to bring more real estate products to the […]
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