Search Results for: Malaysia

THE PAKISTAN textile industry is worried that a potential trade free trade deal with Thailand, now under discussion, may cause more harm than good to Pakistani manufacturers. Thai and Pakistan government negotiators are preparing for what maybe the final round of talks to forge a free trade agreement (FTA) between these two textile producing countries, with a deal potentially being signed in January.…

HUMAN resources department in Singapore may adjust workers’ terms and conditions to avoid making costly redundancies, following the introduction of new government guidelines that strengthen employee job protections.

Despite this, personnel experts have broadly welcomed the changes arguing they encourage companies to broaden internal opportunities for staff.…

HUMAN resources department in Singapore may adjust workers’ terms and conditions to avoid making costly redundancies, following the introduction of new government guidelines that strengthen employee job protections.

Despite this, personnel experts have broadly welcomed the changes arguing they encourage companies to broaden internal opportunities for staff.…

AFTER a recent study found that 30% of Singapore’s fresh graduates quit their first job within a year, experts are questioning if HR professionals are doing enough in terms of retaining young talent and helping newcomers to grow into their jobs.…

A BILL has been introduced in the Philippine parliament to curb the practice of both private and public sector employers delaying salary payments without justification in a bid to tackle high levels of private debt in the country.

Philippine Congressman Manuel Lopez submitted House Bill 6537 on October 3 citing the 2016 Manulife Investor Sentiment Index that shown that Philippines citizens are saddled with serious personal debts – Philippines Pesos PHP291,582 (USD5,613.50) on average for people aged under 35, PHP207,418 (USD 4018.03) for those aged 35-49, and PHP143,958 (USD 2788.62) for the over-50s.…

A recent survey conducted by University of Malaya’s Social Security Research Centre (SSRC) has pointed to a growing number of Malaysians wishing to work as long as their health permits, despite having savings or investments.

Close to half of the respondents aged 60 and above continue to work, most of them feeling their savings are insufficient, said a report released in October.…

THE EUROPEAN Union (EU)-Vietnam Free Trade Agreement (FTA), on which negotiations concluded December 2, 2015, will open up “huge business opportunities” for Vietnamese garment companies, business experts agreed last month (September). They were speaking at an event jointly organised by EU business federation BusinessEurope, EuroCham [European Chamber of Commerce] Vietnam and the EU-Vietnam Business Network.…

SINGAPORE has released details of how it plans to insist that sellers of mobile phones, memory cards and off-the-shelf software pay VAT on the sale rather than purchase of such goods, to prevent tax fraud. The Inland Revenue Authority of Singapore (IRAS) says that this reverse charge system is designed to prevent black-marketers avoiding VAT payments, while customers lower down the supply chain continue to claim input tax.…

VIETNAM’S textile and clothing and textile sector is looking to sell more product into Asian markets such as South Korea, Taiwan, Singapore and Japan, while solidifying its traditional export bases like the US and EU, the latest trade data indicates. 

Last year, Vietnam exported USD2.28 billion’s worth of clothing and textiles to South Korea – a 7.45% gain compared with 2015, according to Vietnam customs data analysed by the Vietnam Textile and Apparel Association (VITAS). …

AN ELDERLY person at home is like a living golden treasure. So runs an oft-quoted Chinese proverb – but Hong Kong is starting to ponder its worth in the wake of a warning that the city faces an “ageing tsunami” along with much of the region where innovative plans are being considered to tackle the looming crisis.…