Legal Aspects of Globalization in Singapore and Philippines

This report examines the legal aspects of globalization, specifically focusing on Singapore and the Philippines. It begins with an introduction highlighting the increasing market competition and the importance of monitoring profitability. The report then delves into the legal factors affecting international businesses in these two countries, emphasizing the need to minimize risks. It compares the legal landscapes of Singapore and the Philippines, discussing regulations, property rights, competition laws, and infrastructure. The report provides recommendations for businesses, suggesting that companies in Australia should leverage Singapore's developed legal framework. It concludes that Singapore offers a more favorable environment for business expansion compared to the Philippines, due to its robust legal system and developed infrastructure. The report references several academic sources to support its analysis.

GLOBALIZATION

TABLE OF CONTENT
INTRODUCTION
LEGAL ASPECTS OF SINGAPORE AND PHILIPPINES
EXPANSION INTO SINGAPORE
EXPANSION INTO PHILIPPONES
RECOMMENDATION
CONCLUSION
REFERENCES

INTRODUCTION
There is rapid growth in the market and competition in raising as well
which needs to be monitored making sure that there would be higher
profitability margins and market share is going to be existing.
The presentation is going to discuss the legal factors of Singapore and
Philippines for a business to be able to expand themselves.
There are a lot of legal factors which are going to create obstacles to be
able to operate effectively in the market.
Businesses need to have low risks while expanding so that the company
would be able to have higher functioning in the countries in which they are
expanding.

LEGAL ASPECT OF SINGAPORE AND PHILIPPINES
External and internal factors of a country are going to make an international business get affected
because of it.
All the countries have a different policy and regulations for the businesses to be able to gain the right
working and attention in the country.
Issues are going to rise which is going to make sure that there are methods which are being used by the
business to be able to make the right working and risks to be reduced.
Trading, exporting and importing taxes are very different as well and if the country is not developed or
developing in the pricing can not be done according to the profit margins for the company and the
organization would be taking a risk of expanding itself.

EXPANSION INTO SINGAPORE
There are strict laws which are present in the country and strict actions are
also taken for the consequences which are going to be existing.
Expanding a businesses is going to make the corruption level be higher but in
Singapore Corruption is taken seriously and there are right actions which are
being taken to be able to control this aspect. Singapore is providing property
rights as well in the world which is going to make the master plan for IP
Hub.
Competition law is strong in the country as well so that the behaviour of the
overall consumer base can be established. Tourism in the country is also very
high which is going to make more sales and advantages for businesses to be
able to expand in this country.

EXPANSION INTO PHILIPPINES
Philippines is having a good hospitality lifestyle and business opportunities are many because of the
flexibility which the country is trying to get so that there would be more businesses which expand in the
country.
There is a risk which is involved in this factor because there is no experience and implementing any
policy takes time to settle down in the country. A business which is expanding itself for the first time
without experience must make sure that they are minimizing their risks in the country while expanding
so that there are right actions which are involved.
Infrastructure of Philippines is improving with time but there have to be right working and location of
the environment has to be effective so that there are higher operations which is going to be there. Capital
stock in the country has decreased which is not going to get in higher businesses to expand and invest in
this country for better expansion factor.

RECOMMENDATION
Any business in Australia must take advantage of the legal aspect which is developed in
Singapore to make sure that business is being able to make the right working and satisfaction
which would be existing.
Singapore is developing effectively which is a great factor for businesses to be able to make
the right placing and functioning for them. Philippines on the other hand is just developing
and the policies and other regulations are also not strictly followed.
Businesses in the bazaar would not want to take risk with their reputation and portfolio
which they gain in the market. Overseas and decrease in capital stock has to be improved so
that there are right actions and improvement which a business would be able to have after
expansion.

CONCLUSION
From the above presentation it can be concluded that businesses are expanding themselves in
Singapore because of the environment which the country is providing for the businesses to
be able to do so.
There are a lot of businesses which are present in the market but to be able to gain the right
attention and stronger portfolio in the market it is important to have right operations and
working which would be required.
Right analysis and understanding is essential so that there would be higher operations and
understanding which would be good for the growth of the business.

REFERENCES
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