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Undoubtedly, Senior Citizen Discount (discount) is a great benefit given to the senior citizens of the country. I am one of those benefited. The discount is 20 percent on the selling price plus exemption from 12 percent VAT, or a combined reduction of about 32 percent, depending upon how the VAT is computed in the invoice. That’s quite a lot.

F&B companies are using international expansion to chase profits globally.

To protect national interests, governments are using compliance to restrict companies that could potentially disrupt established industries which can creating a knock on effect for tech companies. Rapidly expanding companies also face a wider range of individual regulations as they expand into new territories, be it employment law, taxation, product safety or licensing.