Snapshot of Asia: August 2024

Snapshot of Asia: August 2024

Welcome to Snapshot of Asia, your trusted guide through the bustling markets and diverse cultures of the Asian continent.

In this issue, we cover Indonesia’s new law on maternal and child welfare, the UAE’s acceptance of employment salaries payable in cryptocurrency and more.

Read too about how different APAC work visa requirements are, and how understanding Philippine business culture leads to success in the country.

Interested in any specific areas regarding global expansion?

Comment below and let us know!


Employer Updates

Indonesia

New Law on Maternal and Child Welfare

Clarification on Tax Treatment of Compensation Received in the Form of Benefits

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Malaysia

Reduced Documentation for PVP Applications

Increased Visa Filling Fees

New ESD Online Application Process

More Support for Endorsement of Authorised Passes

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Pakistan

Contribution towards Employees’ Old-Age Benefits and Minimum Wage Increases

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Thailand

Increased Tax Exemption for Severance Pay

Destination Thailand Visa

Visa Exemption Expanded

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United Arab Emirates

Employment Salaries are Payable in Cryptocurrency

More Strict Penalties for Labour Law Violations

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Vietnam

New Step for Certain Visa Applications

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Insights & Trends

Comparative Analysis of Work Visa Requirements Across APAC Countries

The allure of the Asia-Pacific (APAC) region is not only in its vast and ever-growing economic opportunities but also in its rich and incredibly diverse cultural experiences. These aspects not…

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Business Culture in the Philippines: Tips for Success

To effectively conduct business in the Philippines, it is essential to understand the broader cultural and societal contexts that influence business practices. Core Filipino values such as “Bayanihan”…

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