1. Monday, 10th July 2017

    Employment Insights into AYP’s Four Key Industries

    By Admin in Employment Insights

    Employment Insights into AYP’s Four Key Industries

    Real Estate

    Recent global events such as the Brexit referendum, the United States’ presidential election and China’s slow economic growth have impacted many markets and economic conditions. A reserved approach to office expansions and industrial space commitment echoes the business sentiments for investments in the real estate industry. Moreover, there is a supply overhang in commercial properties that has led to weaker performance in price and rentals.

    As such, property developers are not looking to develop new estates. They are expected to focus on selling or leasing existing units. Consequently, this indicates a demand for experienced residential & commercial leasing managers with strong business acumen, as well as asset & portfolio managers. Additionally, the Singapore Government has committed to the development of the Industry Transformation Map (ITM) for the Real Estate Industry’s jobs and growth strategy, which will be released within the year 2017.

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  2. Friday, 7th July 2017

    Thailand Key Industries, Incorporating, Employment, Payroll & Tax, and Immigration

    By Admin in Global Key Industries, Incorporating, Employment, Payroll & Tax, and Immigration

    Thailand Key Industries, Incorporating, Employment, Payroll & Tax, and Immigration

    Thailand Key Industries

    Food and Agriculture Industry Capabilities

    • Thailand is one of the largest producers and exporters of food globally, positioning itself as the “Kitchen of the World.” The top five exports are rice, sugar, chicken, tuna, and shrimp – which represented 50% of total food exports
    • Thailand has abundant natural resources and year-round growing season
    • There is a quality labour pool available and Thai producers possess valuable expertise, with over 60 years of experience
    • There is commitment to quality food and safety standards such as Codex, OIE Standards and the International Plant Protection Convention.

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  3. Friday, 7th July 2017

    Vietnam Key Industries, Incorporating, Employment, Payroll & Tax, and Immigration

    By Admin in Global Key Industries, Incorporating, Employment, Payroll & Tax, and Immigration

    Vietnam Key Industries, Incorporating, Employment, Payroll & Tax, and Immigration

    Vietnam Key Industries

    Infrastructure Industry Capabilities

    • The government is promoting Public-Private-Partnership (PPP) as well as institutionalising PPP frameworks and regulations to complete infrastructure projects.
    • In Vietnam, there is a list of projects calling for foreign investments in the industry, of which includes transport infrastructure such as road, railways, airports and sea ports. There are also urban infrastructures such as urban transportation, water supply, solid waste treatment. In addition, there are projects in power infrastructure, infrastructure of industrial parks.

    Manufacturing Industry Capabilities

    • Vietnam has a vast pool of workers with relatively low labour costs and overall low cost of manufacturing
    • Its location and proximity to regional shipping routes provides opportunities for export manufacturing
    • Euromonitor International has forecasted smartphones sales demand in Vietnam to grow steadily from the year 2017 to 2021, providing opportunities in the consumer electronics sector
    • The Vietnamese textile and apparel sector is the country’s leading export sector according to the International Trade Administration (ITA), ranking fifth worldwide in exports

    Agriculture Industry Capabilities

    • World Bank has stated that Vietnam is currently one of the world’s leading exporters of agro-food commodities, and the industry has been experiencing past stable growth.
    • As the Vietnam’s agriculture production has made important contributions to the country, its demand has been forecasted to grow due to its rise in demand
    • The country is among the top five exporters for aquatic products, rice, coffee, tea, cashews, black pepper, rubber, and cassava

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  4. Friday, 7th July 2017

    Philippines Key Industries, Incorporating, Employment, Payroll & Tax, and Immigration

    By Admin in Global Key Industries, Incorporating, Employment, Payroll & Tax, and Immigration

    Philippines Key Industries, Incorporating, Employment, Payroll & Tax, and Immigration

    Philippines Key Industries

    Manufacturing Industry Capabilities

    • Since the Philippines is located along a belt of volcanoes, there are metallic mineral deposits formed from volcanic activity and plate convergence. With the rich resources for mining, the Mining and Mineral Processing sector is an attractive business investment
    • With goals set to increase Philippines’ manufacturing innovation ecosystem, there are also other manufacturing sector to venture into such as aerospace, automotive and parts, electronics or semi-conductors, pharmaceuticals, and shipbuilding.

    Information Technology & Business Process Outsourcing Industry Capabilities

    • Talented pool of customer service oriented professionals possessing good language skills
    • The Information Technology and Business Process Association of the Philippines (IBPAP) has set goals for policy reforms that support employees’ skills development
    • The country also has a comparatively low cost of doing business, while generally being known for providing necessary service quality
    • This industry provides opportunities in sectors such as contact centres, back office services, data transcription, animation, software development, engineering development and game development

    Agribusiness Industry Capabilities

    • There is an increasing demand for agriculture products
    • The recently approved Philippines’ Investment Priorities Plan (IPP) by the Philippine Board of Investments (BOI), an agency of Department of Trade and Industry (DTI) has emphasised on the importance of its agribusiness industry
    • This industry provides opportunities in harvesting rubber, coconut, mangoes, bananas, coffee, palm oil, cacao, and other emerging high value crops.

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  5. Tuesday, 23rd May 2017

    Malaysia Key Industries, Incorporating, Employment, Payroll & Tax, and Immigration

    By jolin Nguyen in Global Key Industries, Incorporating, Employment, Payroll & Tax, and Immigration

    Malaysia Key Industries, Incorporating, Employment, Payroll & Tax, and Immigration

    Malaysia Key Industries

    Education Industry

    • The government has allocated a substantial amount of its annual budget to this key industry
    • Opportunities in providing training for teachers with the increasing demand for qualified teachers
    • With the commitment to the human capital development, there is opportunity in developing talent through vocational technical education

    Health care and Wellness Industry

    • Spurred by the growth of medical tourism
    • There is liberalisation of the employment of foreign qualified medical specialists
    • The government has relaxed the foreign ownership restrictions in certain parts of the industry

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  6. Tuesday, 23rd May 2017

    Indonesia Key Industries, Incorporating, Employment, Payroll & Tax, and Immigration

    By jolin Nguyen in Global Key Industries, Incorporating, Employment, Payroll & Tax, and Immigration

    Indonesia Key Industries, Incorporating, Employment, Payroll & Tax, and Immigration

    Indonesia Key Industries

    Indonesia has a large domestic market. Private consumption and its political stability are factors that maintain the Indonesia’s economy.

    Infrastructure Industry Capabilities

    • There is a demand for infrastructure such as roads, ports, rails, water and power plants.
    • Opportunities for Public-Private-Partnership (“PPP”) and Business-to-Business (B2B) projects

    E-commerce Industry Capabilities

    • The Negative Investment List revision made the industry more open to foreign investments that allow full ownership with investments of more than IDR 100 billion. Nevertheless, if the investments fall below IDR 100 billion, foreign investors are limited to a minority stake where they are only allowed to own 49% of shares.
    • Tech-savvy population in Indonesia provides opportunities in e-market, e-fulfilment and e-services fields
    • Increasing use of mobile phones in Indonesia over other digital devices provides opportunities for a mobile-first strategy

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  7. Tuesday, 23rd May 2017

    Hong Kong Key Industries, Incorporating, Employment, Payroll & Tax, and Immigration

    By jolin Nguyen in Global Key Industries, Incorporating, Employment, Payroll & Tax, and Immigration

    Hong Kong Key Industries, Incorporating, Employment, Payroll & Tax, and Immigration

    Hong Kong Key Industries

    Financial Services Industry Capabilities

    • Business-friendly policies
    • Transparent legal system and simple, low tax policy
    • Relatively low barriers to entry
    • No restrictions on capital flows into and out of the country

    Tourism Industry Capabilities

    • Strategic location in Asia
    • Business-friendly immigration and labour laws ensuring a steady supply of multilingual hospitality talent
    • With the high hotel occupancy rate in the country at 85% from the period of January to August 2016, there are opportunities in the hotel operations, travel service companies, cruises, as well as the Meetings, Incentives, Conventions and Exhibitions sectors

    Trading and Logistics Industry Capabilities

    • Strategic location is ideal for trading, logistics and supply chain operations
    • Established trading and logistics infrastructure
    • Free trade policy that does not require any customs tariffs on imports or exports with minimal exceptions

    Professional and Producer Services Industry Capabilities

    • Skilled local and foreign talent pool
    • Demand for professional services such as business services and technical-related services
    • Demand for producer services that are used by other companies in the local economy

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  8. Tuesday, 23rd May 2017

    Singapore Key Industries, Incorporating, Employment, Payroll & Tax, and Immigration

    By jolin Nguyen in Global Key Industries, Incorporating, Employment, Payroll & Tax, and Immigration

    Singapore Key Industries, Incorporating, Employment, Payroll & Tax, and Immigration

    Singapore Key Industries

    Singapore is ranked second in 2016 World Bank’s ease of doing business ranking.

     Infrastructure Hub, Logistics and Supply Chain Industry Capabilities

    • Strategic location in the heart of Asia
    • Business-friendly customs and import/export procedures
    • Expertise in project development, structuring and financing
    • Ranked fifth in the 2016 Logistics Performance Index across 160 countries

    Manufacturing Industry Capabilities

    • Dedicated to quality and innovation
    • Adoption of international manufacturing standards
    • Established global network of production facilities

    Consumer Electronics Industry Capabilities

    • Pool of qualified local and global talent
    • Government’s heavy investment in Research and Development
    • Ranked fourth globally and top in Asia for best Intellectual Property (IP) protection in 2016-2017 World Economic Forum’s Global Competitiveness Report

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  9. Tuesday, 11th October 2016

    Employee on boarding – Starting them off on the right note

    By jolin Nguyen in Onboarding Techniques

    Employee on boarding – Starting them off on the right note

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    Employee on boarding is important as to help new employees assimilate to their new jobs, the organization, environment and the culture. It is necessary to deliver information (e.g., about the organization, group) and making sure that the new employees are certain of that information and also, uncover additional doubts, concerns and expectations.

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  10. Tuesday, 4th October 2016

    Honest advices to Millennials in the workplace

    By jolin Nguyen in Talent Management

    Honest advices to Millennials in the workplace

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    PHOTO: Flickr by Abd allah Foteih

    Almost all the new and young talent just out of college hope that they can realize their ambition when they enter the workforce. However as time passes, the differences in achievements between them would increase tremendously. Why do university graduates with similar IQ and ability have such a big difference in achievement? 

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