Business and Money Tips

How Hainan’s Customs Opening Will Affect Our Livelihood from 2026 — and Why Love Intelligence (LQ) Matters From 19 Dec 2025 onwards, the full opening of Hainan’s Customs regime will quietly but profoundly reshape how people work, compete, and earn a living across Asia — including Singapore. Hainan is no longer just a tourist island.  With its Free Trade Port status fully operational, it will become a low-tax, low-barrier, high-speed economic zone attracting capital, talent, brands, and digital businesses.   Income tax is capped at 15%, so is corporate tax.  Goods entering Hainan is tax-free, and if they are re-exported into China, there is no tax as long as the value-add is 30% of more.  Goods, services, data, and money will move faster and cheaper. Competition will intensify, not only between companies, but between people. For many professionals, this means one uncomfortable reality: 1. Skills that relied on protection, location, or credentials alone will lose ...