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In the late 1970s, YHI set up operations in Malaysia, followed by other parts of Southeast Asia in the 1980s. By the 1990s, the company had also broken into China.
Mr Tay [founder, executive chairman and managing director of YHI International] explained his initial focus on expanding into developing markets: “Developing cities are the best places to move your business operations to because the people there want to learn from you and pick up your firm’s best practices.
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Credit: Enterprise Singapore and Singapore Press Holdings (first published on The Straits Times)