“Startup in Singapore 👉 NO More Bets!!” — A Business Case Study with Real Data
“MiTA Services Pte Ltd, Singapore Startup, UEN: 2009–216–74D” — A Business Case Study
MiTA Services Pte Ltd is not in active business for the last few years. On 25 Sept 2014 when Indian PM Modi inaugurated Make-in-India; and on that day Dr. Madhab Paul & MiTA organized a Conference at UMFCCI, Yangon, Myanmar
“ Indians “Startup in Singapore 👉 NO More Bets!!” — A Business Case Study with Real Data
My company “MiTA Services Pte Ltd, Singapore Startup, UEN: 2009–216–74D” is not in active business for the last few years” — Dr. Madhab Paul, PhD
Invest in India, and Make in India
India-Myanmar Investment & Trade Promotion:
Coinciding with the launch of the “Make In India” program on 25 September 2014, “MiTA Myanmar Investment, Trade and Technology Conference” at UMFCCI in Yangon were organized by Dr. Madhab Paul & MiTA:
MiTA & Dr. Madhab Paul
God Willing, we will reopen for business in the coming months by renaming our “legal corporate entity”, expanding business and relocating corporate HQ of MiTA, দুগ্গা দুগ্গা
- Information: for the last few years my company MiTA Services Pte Ltd (Singapore UEN: 2009–216–74D) is not in active business; and in January 2020 I (Dr. Madhab Paul) visited Singapore, and submitted official complaints with “Proofs” to Singapore Government Regulators and Ministries about Singapore’s “systematic” regulatory malpractices which “remain with the Singapore Government” to get resolved in spite of my many follow-ups.
- [About three years ago] Last followup email complaints “WITH PROOF” sent to Singapore Prime Minister’s Office, Monetary Authority of Singapore (MAS), MOM, ACRA, other Singaporean Government Ministries and Regulators, were also copied to official email ids of the foreign diplomats worldwide, including USA, India, EU…
- Yes, I (Dr. Madhab Paul) did report the matter to several Government of India’s Top Officials, Diplomats & Ministers on several occasions. And many of them often read the newsletters I have been writing for more than a year.
- ☸️ Exception & Only Exception: I, Dr. Madhab Paul, highly appreciate the kind acknowledgement emails received from the office of the Chief Minister of UP, India; धन्यवाद, महामहिम मुख्यमंत्री जी, उ०प्र०, भारत
- I wrote a few articles on the “Singapore’s Corporate Governance in Practice” via Substack; most articles were well-read “eye opening” articles for many thousand readers — politicians, policymakers, diplomats, academics and business persons worldwide!!
Singapore’s FAKE Reputation of Good Corporate Governance
Why Microsoft-LinkedIn help Singapore managing FAKE Reputation of Good Corporate Governance?
$$$ Profiteering, “kinda legit” Tax Evasion & Laundry Hub Singapore 👉 How much is Microsoft’s “extra-profit” simply by having “A$EAN Regional HQ” in Singapore?
It’s all about: “so called” TAX Management & Profiteering — i.e., legally defrauding via A$EAN Regional HQ in Singapore, and Singapore Government’s Corporate BAD Governance in Practice!!
How can you minimize round-tripping money?
One-Easy-Way: Change the “laws governing re-export” of goods, services and FDI; and add a clause debarring Leasing the License, aka. FTA, CECA etc.
“I wrote a few articles on the “Singapore’s Corporate Governance in Practice” via Substack; most articles were well-read “eye opening” articles for many thousand readers — politicians, policymakers, diplomats, academics and business persons worldwide!!” — Dr. Madhab Paul, PhD
2 Easy Questions:
- Singaporeans can easily register new companies on their own name(s), why will “some politically connected Singaporeans” hijack non-Singaporean owned-operated companies registered in Singapore for doing their own businesses?
- Why do Politically “CONNECTED Singaporean Fraud Syndicates” hijack and illegally control “non-Singaporean (foreigners) owned & operated companies registered in Singapore” even when the foreigner’s companies incurs ‘100s of Thousand US$ or a few million US$’ Losses in the course of doing R&D and business expansion??
- Why? Can you think over and find possible answers to the above 2 Easy Questions?
From 2020 to 2023, the officially known Money Laundering in Singapore has increased from a few Million-US$ to a few Billion-US$ under “invisible external pressures” on Singapore; and now an easy question:
Can Singapore’s Money Laundering amount “officially” soon exceed a few Trillion-US$ under the “Visible External Pressures” on Singapore?
Singapore’s BAD Money Businesses have also been camouflaged as kinda legit businesses; and in the process of Singapore’s Corporate BAD Governance in Practice, many many foreign Entrepreneurs’ Companies Registered in Singapore systematically get hijacked [by Highly CONNECTED Singaporean Fraud Syndicates] for doing illegal businesses via Singapore in connivance with Singapore Government Regulators & Ministries.
A “Case Study” Based on Real Data: [Singapore UEN: 2009–216–74D, just an example; there are many many such examples in Singapore] about which I have been writing since 2020.
“I wrote a few articles on the “Singapore’s Corporate Governance in Practice” via Substack; most articles were well-read “eye opening” articles for many thousand readers — politicians, policymakers, diplomats, academics and business persons worldwide!!” — Dr. Madhab Paul, PhD
Make-in-India
25 September 2014: “MiTA Myanmar Investment, Trade & Technology Conference” — the event was organized coinciding with the launch of the Make-in-India program.
Golden Myanmar 👉 neither gilded nor tiny monotonous
Myanmar businesses need to ensure a more stable and lowest-priced supply chain to fulfill the demands for good quality products and services of over 54 million people in Myanmar.
India: Large Country with Mega Market
India is (i) multi-lingual, (ii) multi-religious, (iii) diverse and (iv) federal democratic India with over (v) 1.4 billion people who are (vi) primarily young and (vii) constitute over 1/6th of global population.
Naturally, many countries (including USA, UK & EU) are rushing to India to have Trade & Investment Agreements with India.
“All BIMSTEC Countries and India’s friendly neighbors should have a CECA with India which will have better T&Cs than that of Singapore-India CECA,” — Dr. Madhab Paul, PhD
Why?
The “Singapore — India CECA” is a classic example of the malpractice: Leasing the License (aka. CECA) for Profiteering
One Easy Example: India did not sign any CECA (like the one India has signed with Singapore) with India’s immediate neighbors with whom India shares borders, including Thailand and Indonesia. So, for Trade & Investment with India, the investors and business persons from India’s neighborhood and beyond will have two major options:
(i) Do direct investment and business with India with unfavorable T&Cs compared with the T&Cs which Singapore has with India; or
(ii) Do via Singapore:
Pay a commission to Singapore and (kinda) lease the benefit of Singapore’s CECA with India, and do investment and business with India via Singapore.
Myanmar-India CECA:
Why Myanmar may lead? → Myanmar’s Direct Incentive is “Better Control on Foreign Exchange Reserve”
Global Strategic Business & Advantage Myanmar: Pristine Opportunities!
MiTA .. মিতা .. မိတ္တ .. मिता, excellence since 2009
We plan to reorganize, expand and relocate Business HQ before reopening for business in the coming months, দুগ্গা দুগ্গা
MiTA .. মিতা .. မိတ္တ .. मिता, excellence since 2009. Innovation is the center pillar of MiTA: management, innovation and technology applications.
Startup in Singapore 👉 NO More Bets!!
Indians “Startup in Singapore” 👉 NO More Bets!! “MiTA Services Pte Ltd, Singapore Startup, Singapore Company Registration, UEN: 2009–216–74D” — A Business Case Study with Real Data, and Practical Experience in “Startup in Singapore” and Doing Business in Singapore for over more than a decade.
Singapore’s Corporate Governance in Practice
I wrote a few articles on the “Singapore’s Corporate Governance in Practice” via Substack; most articles were well-read “eye opening” articles for many thousand readers — politicians, policymakers, diplomats, academics and business persons worldwide!!
MiTA Services Pte Ltd 👉 WIPO: IP, Business Entity & Entrepreneurship
