""Japanese companies want to globalize their operations by hiring staff with diverse cultural backgrounds, and while Japan may have highly competent engineers and managers, they don't have much experience operating in multicultural environments, so Singapore is an ideal location because they can hire English-speaking staff,"...Singapore has been slashing its corporate tax rate in recent years and at 17 percent has one of the lowest in Asia. Japan's corporate tax rate is 30 percent.""
Source: More Japanese firms relocating to Singapore
By SITI RAHIL
Tuesday, Aug. 14, 2012