China and Vietnam are two of Asia’s most appealing destinations for outsourcing. Here, we discuss how ‘indirect’ and ‘direct’ sourcing platforms function in both and discuss some of the HR and compliance issues that foreign companies should be aware of.
Hong Kong’s Advanced Pricing Program allows companies to get clarification from the tax authorities on whether a transaction is considered transfer pricing. These agreements become possible once Hong Kong has a DTA with the country or countries in question.
2014 was a formative year for Chinese territorial disputes with other nations. Tensions with Japan and The Philippines reached near breaking point, with signs of instability creeping into the entire Asian region. Yet behind these media-capturing headlines, trade has been booming.
The European shipping sector is confident that the Asian market will remain a reliable lifeline. In the first of this two-part article on the opportunities and threats to Europe’s reliance on the Asian shipping sector, we take a look at the general trends in the industry and intra-Asian trade.
Developments in the past year suggest that salaries across ASEAN as a whole will soon be adjusted. In this article, we discuss the most pertinent issues currently affecting minimum wages in ASEAN’s five smallest economies of Brunei, Cambodia, Laos, Myanmar and Vietnam.