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FELO rate
(Abbreviation) Far Eastern Liaison Office
FELO rate
(Abbreviation) Foreign Executives in Local Organisations. The acronym is used in international management research to distinguish such executives from expatriates on assignment in the subsidiaries of foreign multinational organisations (MNOs).
Usage: The appointment of ‘Chip’ Goodyear as CEO of Singapore’s sovereign wealth fund Temasek Holdings is an example of the recent trend of FELO appointments in Asia.

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