These regulations comprise Royal Decrees, Ministerial Regulations, Notifications of Directors General, as well as less formal policies and procedures followed by departments within the Thai government. The policies have not passed through the formal legal processes, but as a practical matter can be as significant as an Act of Parliament for one carrying out business [...]
All indications are showing us that short-term investment in China is not advisable, as government initiatives to slow down the economy are proving extremely effective. We see property developers losing money, a credit crunch looming, and share prices dropping in China. Selling is the flavor du jour, as doom and gloom sentiments grow on the [...]
South Korea looks like it may be the next US, with a credit crunch looming and a property bubble nearing record size. Sluggish home sales have been recorded for yet another quarter, and a general economic downturn has pushed property developers, builders and related professions to the brink of bankruptcy. All this means the debt [...]
Hong Kong’s economy has worsened sharply since early 2004, enabling the Chief Executive to promise in his election pledge to reduce the profits tax rate to 15 percent over his current term of office. This would form a reduction of nearly 14 percent from the current headline rate, enhancing Hong Kong’s reputation as one of [...]
A new government means new enterprises, changes and opportunities in whatever country you happen to reside in. Taiwan recently changed government, and the country’s incoming president, Ma Ying-jeou, has seen China’s massive economic growth as the forum for his changes and enterprises. He recently invited a group of Chinese investors to the country to look [...]
The on-going expansion of national economies across Asia is giving birth to new companies and ratcheting up demand for Asia experienced executives. It is also producing the kind of headlines that indicate to the region’s executive recruiters that their best days are still very much ahead of them. If anyone requires further convincing that the [...]
In a survey conducted recently, 600 chief executives of multinational companies with businesses across Asia said a lack of qualified staff ranked as their biggest worry in China and South-East Asia. It was their second-biggest concern in Japan after cultural differences and the fourth-biggest in India after problems with infrastructure, bureaucracy and wage inflation. Across [...]