Located on the northwest coast of Java, Jakarta is the capital of Indonesia and the largest city in the country. Strategically located in the archipelago, Jakarta serves as the gateway to the rest of the country. In this article, we highlight the city’s key industries and opportunities for SMEs.
The International Monetary Fund (IMF) has lent its full support to Bangladesh’s new system of value-added tax (VAT). Following an IMF mission led by Rodrigo Cubero to the country, the IMF said that the tax will help boost revenue and reduce compliance costs for businesses.
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.
Alcoholic beverage markets, especially beer, have experienced rapid growth across the Asia Pacific in recent years. In this article, we take a close look at the current state of the industry and discuss opportunities that exist for foreign investment.
Foreign companies expanding their operations into the Asia-Pacific need to be fully versed in the region’s various hiring policies. While firms are permitted to hire both domestic and overseas employees, businesses will need to understand an array of considerations that do not exist in the West.