Knowledge Central

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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 […]

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International Operations – Things to Consider

Expanding internationally is a wise choice for any company seeking new revenue streams and competitive advantages. Lucrative foreign markets can increase profits and solidify your brand as an international leader.  Nonetheless, companies need to consider many factors before expanding abroad. Here are some of the things your business should consider while planning an operational expansion into uncharted territories.  International Business Registration & Entity Setup  Before conducting business […]

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Employment Spotlight: Korea Labor Law Highlights

Global businesses have long had their eyes on Korea. According to the latest World Bank annual ratings, the country is now ranked number 4 among global economies for ease of doing business. Business-friendly policies, leading technological and digital infrastructure and unparalleled education system investments highlight its emergence as a top target for global expansion and investment. […]

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Employment Spotlight: Hong Kong Labor Law Highlights

Hong Kong continues to be a favorable destination target for foreign businesses looking to expand into Asia. Despite its small size geographically, Hong Kong was ranked as the world’s 7th largest trading entity. For 2018 as a whole, Hong Kong’s GDP grew by 3% in real terms. It measures as one of the top five easiest […]

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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 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 entire Asia […]

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Employment Spotlight: China Labor Laws Highlights

China has experienced an economic boom over the past decade. Massive increases in GDP output and continuous economic growth make it an attractive market. Over the past two years, however, the percentage of economic growth has slowed. Today, it remains steady at just over 6%. The decrease in growth has affected several sectors. Lower-wage workers are finding it difficult […]

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Employment Spotlight: Japan Labor Laws Highlights

Although ranked fairly low by the World Bank for ease of doing business, there remains 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 intellectual property laws. In fact, marketers and […]

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Employment Spotlight: Singapore Labor Law Highlights

As a professional responsible for expanding operations overseas, you need some understanding of the labor laws in the countries and/or regions you’re considering expanding to. The first in a series of numerous articles will focus on select member countries of the Association of South East Asian Nations (ASEAN). The first ASEAN country covered here is Singapore, […]

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