Other Briefings
ASEAN Labor Costs: Minimum Wage and Social Insurance Essentials
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.
Navigating Indonesia’s Housing Savings Program: What You Need to Know
Indonesia’s government plans to introduce a mandatory public housing savings program (Tapera) for employees in the private sector and those who are self-employed.
Religious Holiday Allowances in Indonesia: Obligations for Businesses
With the upcoming Eid-al Fitr holiday in Indonesia, businesses must pay the religious holiday allowance, also known as Tunjangan Hari Raya (THR).
Understanding Social Insurance in Singapore
We discuss the Central Provident Fund (CPF) and the Retirement Sum Topping-Up (RSTU) scheme – key components of Singapore’s social insurance.
Increase in Social Insurance Rates for Foreign Employees in Vietnam
Since January 1, 2022, foreign workers in Vietnam have been subject to increased social insurance rates.
Singapore to Increase Central Provident Fund Contributions From 2022
Singapore will increase the Central Provident Fund (CPF) contribution rates for employees aged 55 to 70 years from January 1, 2022.
Changes to Social Security Rates in Indonesia for 2021
Indonesia has increased its social security premiums for Class III participants but has reduced the maximum wage base for pensions for 2021.
The Philippines to Suspend Social Security and Healthcare Premium Hikes for 2021
The country passed House Bill’s No. 8461 and 8512 which authorizes the suspension of premium contribution hikes for social security programs.
