Asia

Filter Our Posts

Sep 16, 2020 Markets , News Asia

Japan Labor Laws

Japan is ranked #29 in the 2020 report issued by the World Bank for ease of doing business. There are a number of compelling reasons for companies to consider expanding into Japan. Notably, Japan is third globally in terms of gross domestic product (GDP), has a rich culture of innovation and offers well-established labor and […]

Read More
May 13, 2020 News Asia

Update: China’s legislative response to COVID-19

Most businesses in China are slowly returning to work and resuming business and production. In the meantime, policies implemented by the central and local government may ease the strain on business. Corporate Income Tax Qualifying enterprises may deduct the full cost of new equipment without depreciation or those in transportation, hospitality, and tourism may carry […]

Read More
May 13, 2020 News Asia

Update: Singapore’s legislative response to COVID-19

The Singapore government has implemented many legislative changes, grants, incentives, and extensions to ease the strain on business. The following are the current benefits offered.  Jobs Support Scheme Enterprises will receive an 8% rebate on wages to help retain their local workers. It will be issued in July 2020 for up to $3,600 per employee […]

Read More
Apr 06, 2020 Markets Asia

What Are the Main Costs of Hiring in Asia

Hiring in Asia is an attractive option for foreign companies wanting to expand into the region. Areas such as Singapore, Hong Kong, Korea, and Taiwan can present huge opportunities across various sectors, especially for foreign manufacturing and production.  However, tapping into these new territories involves expenses, some of which aren’t typically listed as a line item on an expense sheet. Consider the following factors to ensure you find the right people for your […]

Read More
Mar 13, 2020 Markets Asia

Employment Spotlight: Taiwan Labor Laws Highlights

Companies looking toward expansion into Asia should consider Taiwan as a first target market. The country ranks 19th out of 190 economies in the ease of starting a business, averages six percent growth in the gross domestic product (GDP) over the last 30 years, is a major platform for trade with China, and serves as a logistics hub for the […]

Read More
Mar 03, 2020 How-To , Markets Asia

Entity Set Up – a Hong Kong or a Singapore Company?

Hong Kong and Singapore have always been seen as two fierce competitors that try to attract foreign investments. Both are similar in many ways, and yet, individually possesses competitive advantages over the other. Hong Kong is a Special Administrative Region (“SAR”) of China. Under China’s “one country, two systems” concept, Hong Kong retains its owns judicial […]

Read More

Trends in International Business 2020

Trends in international business are important to follow. They help your business react quickly to change to remain relevant, improve customer acquisition and retention, and save your company valuable time and money. Here are a few of the trends experts anticipate for 2020 and why they’re important for international business. Environmentally-Friendly Technologies Local, state and […]

Read More

Expand Your Business Internationally – How to Properly Plan International Expansion

Our population has become increasingly mobile and globalized. Internet access is ubiquitous, with most people carrying around mini-computers in their pockets. There are predictions that by 2020, emerging international markets will be the new global leaders, particularly Brazil, Russia, India, and China. The opportunity to communicate and trade with people around the world has never been so […]

Read More

10 Accounting Trends Every Business Should Follow in 2020

With the advent of new technologies and innovations around the world, the global economic environment continues to evolve and thrive. Change, therefore, becomes the new constant. As change becomes a necessity for growth, organizations that continue to reshape their business processes and business model need to also be aware of the latest accounting trends.  Accounting […]

Read More

Short-Term Effects of Globalization

Globalization has changed the way we do business today. It offers countless benefits, including incentives offered by various nations to entice Foreign Direct Investment (FDI). Many countries make quality FDI a priority, because it can improve their nation without significant upfront costs. They may be able to (1) increase meaningful employment, (2) enhance the skill […]

Read More

The Long-Term Effects of Globalization

Globalization offers many benefits for businesses. The larger international market offers massive opportunities, an increased client base and the potential for impressive revenue gains. Clearly, when a company is slow to adopt globalization it can eventually damage their market share. If one company doesn’t explore global expansion, another certainly will. They’ll be the first to […]

Read More
Jan 15, 2020 Markets , News Asia , North America

Effects of Trade Wars

The effects of trade wars reach far beyond markets and trade. They create uncertainty and affect investment confidence. Hence, the US-China trade war not only impacts these countries, but the health and integrity of the entire global system. How the Trade War Escalated In 2018, President Trump instituted tariffs and trade barriers to compensate for […]

Read More