Emerging Employment Trends in Indonesia: Training and Upskilling Opportunities
Indonesia’s job market is expected to transform significantly due to the rapid adoption of digital technologies and ongoing economic recovery efforts. The increasing reliance on automation and digital platforms is driving a higher demand for digital skills. Efforts to rebound from the pandemic have stimulated job creation, particularly in e-commerce and technology. Moreover, steady foreign investments are attracting international businesses, creating diverse job opportunities.
New Employment Pass Salary Requirements in Singapore: How Businesses Can Prepare
Learn about Singapore’s new 2025 Employment Pass salary thresholds and COMPASS framework. Find out how businesses can prepare to meet the updated requirements.
Singapore’s Ministry of Manpower has announced the new salary threshold for Employment Pass (EP) applicants for 2025. The EP is a work visa for foreign professionals, managers, and executives seeking employment in Singapore.
Indonesia’s Employment Regulation: Practical Guide for Employers
This is a Dezan Shira & Associates' comprehensive guide on Indonesia’s employment regulation covering contracts, wages, working hours, foreign workers, and termination procedures.
Conditions for hiring in Indonesia is primarily governed by the Manpower Act (Law No. 13 of 2003), which provides a comprehensive framework for labor relations. This law covers a wide range of issues, including working conditions, employment contracts, wages, working hours, and occupational health and safety. Understanding the Manpower Act is crucial for any employer operating in Indonesia, as it outlines the fundamental rights and obligations of both employers and employees.
Doing Business in China 2024/25 for Polish Companies
China Briefing by Dezan Shira & Associates
This publication is from Dezan Shira & Associates in collaboration with the Polish Investment and Trade Agency.
The Introduction to Doing Business in China 2024/25 for Polish Companies covers various topics, including:
- China’s changing business landscape and the opportunities it brings
- Poland-China trade and investment data
- Human resources, recruiting, and payroll
- Cybersecurity, data protection, and cross-border data management
CURRENTLY, WE ARE SEEING GROWTH IN SERBIA
Ost-Ausschuss der Deutschen Wirtschaft e.V.
What is the significance of Serbia for the German economy today?
Serbia is an attractive location for German companies. We currently estimate that around 900 companies with German capital involvement are operating in the country, creating more than 80,000 jobs. We also see dynamic development in trade.
Serbia: ATTRACTIVE CONDITIONS FROM A COST PERSPECTIVE
Christian Tegethoff, Managing Director, CT Executive Search
What types of assignments do you handle in Serbia?
CT Executive Search, along with our research subsidiary, Talent Trackers, primarily recruits for international companies in Serbia, particularly from Western Europe and the USA. Most of these clients are mid-sized firms, though we also serve large cor porations. Serbia offers a compelling location for industries such as household appliances, automotive suppliers, and industrial components, serving both as a manu facturing hub and a growing sales market. Consequently, many of our assignments focus on roles within sales and production.
SERBIA IS EXCELLING IN ITS DIGITALIZATION EFFORTS
Ljubica Tomic, Managing Partner, TSG Lawyers Serbia
What tax and regulatory advantages make Serbia attractive for investment?
Serbia offers a highly educated, motivated, and available workforce. Foreign employers are welcomed, and the country’s strategic geographic location is another asset. Serbia’s low tax rates — 15% corporate tax and 10-15% personal income tax create a favorable investment climate.
Cost Reduction Strategies in China
Cost reduction and efficiency improvement remain top priorities for businesses, especially in China’s current business environment. Implementing effective strategies for reducing costs and enhancing efficiency is crucial for survival, maintaining a competitive edge, and increasing profit margins. This issue of China Briefing magazine delves into the most effective cost reduction strategies observed in Chinese business practices...
UAE Amends VAT Executive Regulations, Effective November 15
The United Arab Emirates (UAE) has made substantial changes to its Value Added Tax (VAT) Executive Regulations, effective from November 15, 2024. These amendments, published in the Official Gazette on September 16, 2024, carry broad implications for businesses across various sectors, especially trade and financial services.
Singapore’s New Workplace Fairness Law: What Employers Need to Know
Singapore’s Law and Home Affairs will propose a new workplace fairness legislation (WFL) to parliament aimed at creating a more equitable and inclusive employment practice.
The proposed law will ensure that employers do not discriminate against employees based on protected characteristics.
Czechia: Managing directors – are you aware of your duties under the law? Do you discharge them properly?
This article provides a basic summary of selected annual corporate duties that should be familiar to all managing directors (or other members of the executive management) of a company in the Czech Republic.
Saudi Arabia-Germany Trade and Investment Relations: Key Opportunities for German Businesses
As the fourth-largest supplier of goods to Saudi Arabia, Germany benefits from expanded trade and business opportunities across sectors like renewable energy, healthcare, and advanced industries. This update discusses the strong partnership between Saudi Arabia and Germany, driven by economic collaboration and initiatives like Saudi Arabia’s Vision 2030, and further supported by recent agreements and investment prospects aimed at economic diversification.
An Introduction to Doing Business in Singapore 2024
As a strategic financial hub and a gateway to Asia, Singapore offers unparalleled opportunities for foreign investors.
Top focus areas for the country’s policymakers in the near term include upskilling the local workforce, attracting, and retaining highly skilled talents.
This Dezan Shira & Associates publication sheds more light on that.
AHK India Newsletter| September 2024
Indo-German Chamber of Commerce (AHK India)
The AHK India Newsletter features the latest news from India and Germany, giving you a comprehensive and up-to-date view of their economic, political, and cultural ties.
Topics covered in the September issue include:
- Data protection and personal data protection
- Due diligence
- Skilled labour migration
Cambodia Opens Foreign Employee Quota Application for 2025
Businesses in Cambodia that want to hire foreign workers must adhere to and apply to a quota set by the Ministry of Labor and Vocational Training (MLVT). Under this quota system, only 10 percent of the local businesses’ total workforce can be foreigners.
This is calculated in the following way:
- Office employees – 3%
- Skilled labor – 6%
- Unskilled labor – 1%
The Indo-German Magazine|Issue 2
The Business Magazine of the Indo-German Chamber of Commerce (AHK India)
The Indo-German Economy contains all the information about the latest trends and developments in Indo-German cooperation, as well as the various activities and initiatives of the Chamber.
In this issue, you'll learn more about:
- The shipping and logistics industry
- India's business environment
- Empowering professionals
- Business opportunities in India
Traveling in India – Business Etiquette and Culture
Doing business in India successfully, requires understanding and appreciating local etiquette and cultural nuances. This India Briefing update offers a few observations to help foreign stakeholders seeking to establish key contacts, and set up local partnerships.
The Indo-German Magazine|Issue 1
The Business Magazine of the Indo-German Chamber of Commerce (AHK India)
The Indo-German Economy contains all the information about the latest trends and developments in Indo-German cooperation, as well as the various activities and initiatives of the Chamber.
In this issue, you'll learn more about:
- The Asia Pacific Business Outlook
- Navigating the Indian market
- New age technologies
- The Indian and global machine tools and machinery industry
Navigating Asia's Industrial Landscape in 2024
The Emerging Asia Manufacturing Index is a model for ranking manufacturing destinations to help international manufacturers address knowledge gaps in the Asia region. The index covers eight countries: Bangladesh, China, India, Indonesia, Malaysia, Thailand, the Philippines and Vietnam. It also includes key parameters that would be of interest to manufacturers seeking their next investment destination.
An Overview of the UAE’s Double Tax Avoidance Agreement (DTA) Treaty Network
Through its extensive DTA network, the UAE seeks to encourage foreign investment and attract more international businesses and capital by reducing the tax burden on foreign investors. The agreements ensure that income is not taxed both in the UAE where the income is sourced and again in the company’s country of origin. At the same time, they help to prevent tax evasion and avoidance by including provisions for the exchange of tax information between signatory countries.
China’s Six-Year Rule for Foreigners: 2024 IIT Payment Highlights
China amended its individual income tax (IIT) system in 2019, introducing a “six-year rule” to determine the tax responsibilities of foreigners for their overseas income in China. 2024 marks the first year that this rule is applicable. In this article, we provide a comprehensive overview of the “six-year rule” and practical solutions for effective tax management.
executive search in china
Wilson Zhao, Associate Partner, CT Executive Search
Where is demand for top management greatest in China, and what sectors do these companies operate in?
We focus on industrial practice, based on our knowledge there are 3 industries that have high demand for executive roles:
a. Marine industry Positions needed in this industry include: Chief Scientist for new energy, Quality & Construction Director, Procurement Director
executive search in india
Sonal Thakker, Associate Partner, CT Executive Search
What sectors have the greatest need for top management positions?
The demand for executive talent in India is particularly high in several industries:
1. Technology and IT Services: Given the rise of Digital transformation, AI, machine learning and the subsequent cybersecurity issues that need to be addressed, roles like Chief Information Officer (CIO), Chief Technology Officer (CTO), Chief Digital Officer (CDO) are on the rise for executives, who can lead innovation in emerging technologies.
executive search in saudi arabia
Reinette Farajallah, Associate Partner, CT Executive Search
How would you describe the current situation on the Saudi executive search market?
The Saudi market is growing and transforming rapidly; however, such rapid development is accompanied with equally great disruption. We see that the need for experienced executive talent is even greater than before.
What positions are being actively recruited to, and which sectors do these companies operate in?
There is a high demand for senior personnel in all sectors. There is a great need for business and technical advisors, as well as executive level management.
Executive search in Poland
Marek Ambroziak, Assignment Manager Poland, CT Executive Search
Where is top management needed the most in Poland?
Sales functions are still most desirable, with the FMCG and industrial sectors having the highest shortage of qualified experts. The IT and Tech sector is also in need of competent personnel. The Big 4, as well as other well-known and highly reputable management consulting firms - MBB, i.e. McKinsey, Boston Consulting Group, Bain, Kearney, among others, continue to scout for top talent.
