With the establishment of the ASEAN Economic Community (AEC) at the end of 2015, ASEAN achieved a significant milestone in the region’s growing political, economic, and cultural integration. Although ASEAN has clearly stated its goal to promote skilled labor mobility, current policies trail behind the EU and other regional initiatives.
When comparing wages across countries, investors should be pay close attention to all attributes of wages within a given country as they can differ drastically. To provide insight on these trends and to illuminate the intricacies of ASEAN’s diverse labor market, the following article provides an overview of the regional blocs current wage differentials.
For expatriate workers and their employers in Thailand understanding the process to obtain a work permit is vital. Indeed, failure to do so would indicate illegal employment in the Kingdom in most cases.
In part three of this three part series, ASEAN Briefing continues to take a closer look at women in the workplace regionally. This article takes a closer look at Laotian women, in partnership with Indochina Research Ltd.
The employment level for women throughout the ASEAN region is important for foreign investors and international companies to understand and anticipate, and can impact the flow of FDI regionally.
The employment level for women throughout the ASEAN region is important for foreign investors and international companies to understand and anticipate, and can impact the flow of FDI regionally.
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.