In March 2021, Cambodia introduced Sub-Decree 32 which implements a new pension scheme in the country.
When assessing labor costs in ASEAN, foreign investors should be aware that governments are increasing social protection expenditure in areas such as pensions, health coverage, and welfare assistance.
Digital transformation, climate change and green investments, and ageing societies present new challenges and opportunities for foreign investors in ASEAN.
Indonesia issued Government Regulation 48 of 2021 (GR 48/2021) in March 2021 which amends the country’s immigration law.
In this issue of the ASEAN Briefing magazine, we provide an overview of current talent availability in ASEAN and the future factors that will impact its human resources.
MOM Reg 8/2021 is an implementing regulation that details the requirements businesses must fulfill to hire foreign workers.
Under Resolution 68/NQ-CP the government has unveiled several financial packages to employers and employees affected by the fourth wave of COVID-19.
Singapore will increase the Central Provident Fund (CPF) contribution rates for employees aged 55 to 70 years from January 1, 2022.
Indonesia’s GR 36/2021 has eliminated the sectoral minimum wage while establishing a provision for hourly pay for part-time workers.
Vietnam’s Decree 152 overlooks the management of foreign workers in Vietnam as well as the hiring of Vietnamese employees that work for foreign businesses.