Though ASEAN presents investors with an important growth market, navigating the regulatory hurdles to firing employees can present a significant challenge and is imperative for an investor’s success in the region.
As Chinese wages continue to rise and the economy transitions towards a more efficiency based structure of production, the ASEAN is seen as an attractive relocation option – as such employers must be aware of overtime regulations regionally.
Singapore has one of the world’s most transparent and honest retirement systems. Its mandatory social security system, the Central Provident Fund (CPF), strives to provide eligible contributors with a safe and secure retirement.
A contributing factor to Singapore’s success is the government’s strong incentives program for foreign talent to commit to the country. One such incentive is the permanent residency (PR) scheme, with basic perks including the freedom to enter and exit the country, the right to purchase real estate, and a certain degree of job security.
Prime Minister Najib Razab has recently released the eleventh development plan of Malaysia on May 21, 2015, with a focus on developing human capital of Malaysians.
With its strong economy and low unemployment rate (just 1.8 percent in Q1 2015), Singapore is an attractive destination for internships, but hiring companies will have to be fully versed in the jurisdiction’s idiosyncratic regulatory framework. In this article, we detail the main ways corporations in Singapore can lawfully take on trainees and students.
Singapore’s government announced in its recent 2015 Budget that the Wage Credit Scheme measure would be prolonged until year of assessment (YA) 2017. In this article, we take an in-depth look at the scheme’s structure.
Corporate governance among some of ASEAN’s top public companies improved significantly last year, according to a report released last week.
A joint report from the UN World Tourism Organization and World Travel & Tourism Council suggests that facilitating ASEAN visa procedures could attract between 6 and 10 million additional international tourist arrivals by 2016.
Foreigners looking to work in Thailand need to apply for both a visa and work permit. The non-immigrant “B” visa is the appropriate visa for anyone looking to conduct business or investment activity within Thailand. There are three “B” visa options based on duration of stay.