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Replies to post #109724 on PHI Group Inc (PHIL)
Militia Man
11/02/22 6:56 PM
#109726 RE: KYCats #109724
An extensive relationship and alliance with the Dubai Diamond Exchange is built and will lead to great success together with the PHI Group. Dubai offers many advantages, with the greatest one being the current attractive tax system. It is to be expected that this system will change once; the question is on what term. The biggest issue with Dubai is, however, the barrier for the Jewish traders to come in. Today, still most of the leading trading companies are Jewish and for them, Dubai is certainly not attractive for doing business. Therefore, the ultimate new Exchange will be established in Vietnam under the PHI Group umbrella and in partnership with the Vietnamese federal and provincial government in the Chu LAI Free Economic Zone.