Asianet Consultants
"Competitive position and performance can be enhanced by the recruitment of uniquely talented executives"
What We Do | Executive Search | Talent Acquisition | Business Start Up | Knowledge | Global Network | Contact Us | Follow Us :       
General | Talent Bulletin | Sector Bulletin | Publications  


China's digital economy: A leading global force
China is now a leading force in digital technology, including virtual reality, autonomous vehicles, 3-D printing, robotics, drones, and artificial intelligence. China accounts for more than 40% of the value of worldwide e-commerce transactions, up from less than 1% about a decade ago. China has also become a major global force in mobile payments with 11 times the transaction value of the United States.
Read more >>

Innovation in the 50-Plus Work Group
Decades continue to be characterized by how much younger we all are in an age where movement and evolution are key. Fifty is now the new 30, and 60 the new 40. Because the baby boomers and those just behind them live longer are generally healthier and desire to work beyond 65 more senior individuals are filling more spots in the workplace...
Read more >>

TALENT & TECHNOLOGY
Technology is changing the ways we live and work - the emergence of a ubiquitous internet, connected objects (e.g. self-driven cars), digital technology, robotics and virtual teams working from remote locations. They are affecting the world of work so deeply. Talent readiness and talent competitiveness will largely determine which economies will be leading in the race to turn technological advances into job creation.
Read more >>

Doing Business between Macau, China (Zhuhai) and Hong Kong
Macau is an important trading partner of Hong Kong. As a free economy, it practises a simple, low-rate tax system, and possesses unique advantages such as a free port, free flow of capital and no foreign exchange controls. A Portuguese colony until 1999, Macau maintains its own stable currency, the Macanese Pataca (MOP), and retains political autonomy with separate executive, legislative and judicial powers.
Read more >>

Manufacturing needs to fix an Image Problem to solve its Talent Shortage
Today, 6 in 10 openings for skilled production positions remain unfilled because of a talent shortage. Looking ahead, the U.S. will need to fill nearly 3.5 million manufacturing jobs between 2015 and 2025 - yet about 2m of those jobs are expected to go unfilled because companies won’t be able to find workers with the skills needed in today’s technology-enabled industry.
Read more >>

China’s Impending Robot Revolution
Foxconn has long been considered a bellwether of Chinese manufacturing. When, four years ago, China’s largest private employer and primary assembler of Apple iPhones raised wages by up to 25% for its 1.2 million workers, manufacturers throughout China were forced to follow suit. Then in May, Foxconn announced a move of even greater import, disclosing that it had replaced 60,000 of the 110,000 workers at its giant plant in Kunshan, near Shanghai, by deploying thousands of industrial robots.
Read more >>

Why all the noise about Coding?
Programming languages are shaping business in this century and well into the future. Today’s pre-collegiate students are the super tech-savvy Generation Z, the pioneers of the future’s digital workforce. In a world where business innovation will be formatted in code, the languages influencing business in coming years will include Objective-C, JavaScript and Python.
Read more >>

46% Of Hires Will Fail!
Of all the people who get hired in the next 18 months, 46% will fail. They’ll receive a poor performance review, get written up or be fired, according to Mark Murphy, the author of Hiring for Attitude. Even more surprising, 89% of those who fail will stumble as a result of attitudinal factors such as a lack of coachability, emotional intelligence, motivation and temperament.
Read more >>

Engaging the Digital Workforce
In a digital world, where switching jobs is easier than ever and top performers are increasingly in demand, it’s no surprise that employees have become more mobile. This change might represent a positive dynamic in the broader economy. But many companies face increased rates of attrition, which is not only expensive but also destabilizing-particularly when strategic capabilities, institutional knowledge, and leadership skills walk out the door.
Read more >>

SPOTLIGHT ON SHANGHAI - Services rapidly expanding
Strong growth in retail, tourism, food and beverage and the real estate sectors have enabled Shanghai to lead China’s broader economic transition to more sustainable growth focussed around services industries.
Read more >>

Your internal candidate... Not ready yet??
When needing to make a senior appointment how many times have you heard it said "John is a great guy but we don‘t think he is quite ready yet". John has been with you for 5 years, but you are about to hire an outsider who you have known for no more than 5 hours!
Read more >>

World Bank Growth Forecast for 2015
The global economy is showing signs of recovery, but at an uneven pace; global growth is expected to rise modestly to 2.6 percent in 2014, and an average 3.3 percent in 2015-17. Activity in high-income economies as a group expanded in the second quarter, but performance varied sharply across countries.
Read more >>

Forecast Salary Increases for 2015
Many of you will now be starting to prepare your budgets for 2015 and one area you will need to forecast is salary increases for the coming year. Double digit increases are on the cards for staff in Bangladesh, India and Vietnam while Hong Kong, Singapore, Taiwan will be looking at 3-5%
Read more >>

West Discovers Wonders of Weibo
What do the International Monetary Fund, Louis Vuitton and Unilever have in common? They are among a growing group of Western institutions to join Sina Weibo, China‘s most popular micro-blogging platform. Operated by Sina Corporation, it has quickly become the place to be to promote, lobby and win over a large, important audience.
Read more >>

FDI in India in Manufacturing and Energy reaches US$33bn
India is considered a foreign direct investment (FDI) "hot spot" and has seen FDI increase by 500% in the past decade. FDI reached US$33 billion during the 2012-13.
Read more >>

M & A Regulatory and Tax Changes
Regulatory and tax changes worldwide are increasingly affecting M&A opportunities and the ability of companies to get deals done. More and more the various tax changes are affecting cross-border deals.
Read more >>

BRICS in the Global Wall
The rapid growth in the BRIC economies has seen multinational companies expand rapidly abroad, attracted by low cost manufacturing and cheap labour. A key question asked was whether the four BRIC nations had decoupled from the rest of the world economy and would continue to grow undisturbed. The financial crisis has shown that they remain closely connected.
Read more >>

Asia Pacific Outlook - China Sets the Trend For 2013
Asia Pacific economies weathered the global downturn and appear in good shape for 2013. Low risk and good policies will drive a steady growth in the region‘s GDP. As the largest economy in the region and a major player in global trade, what happens in China will greatly impact the course of events this year.
Read more >>

How the West Could be Won
Firmly on the agenda of many business plans for 2013 will be expansion into China‘s second and third-tier cities in central and western China, where more and more foreign firms are focusing attention. Despite a cooling in China's economy, growth prospects outside the tier-one cities of Beijing, Shanghai, Shenzhen and Guangzhou are more and more attractive. However do foreign firms may need adapt to their China business model for these cities.
Read more >>

Invitation to Participate with the Global Agenda Council - World Economic Forum. How do you expect and want to live in the year 2050? And how will energy support that vision?
I question whether there is enough age representation around the key decision making tables. I question whether the hardest, but perhaps greatest initiatives can realistically be expected to be pursued in respect of Energy agendas for 2050, when representatives are already too old in the current day to bear any accountability apart from in the short term for results of their decisions.
Read more >>

Brand Building - the business benefits
Creating and maintaining a brand as a business asset is a long-term commitment that takes vision, vigor, commitment and planning.
Read more >>

Wuhan - China‘s Logistics, Industry & High Tech City
Wuhan is an expanding business hub in Central China of growing importance to the national economy. With a population of more than 8.3 million people, its major strengths lie in its strategic location, its emphasis on heavy industry, and its strong tertiary education base, giving it a strong position as a modern, high-tech center.
Read more >>

China‘s Factory activity started to improve in July
This good news came from the HSBC flash purchasing managers' index (PMI) which recorded a rise to 49.5 from 48.2 in June. A sub-index showed that manufacturing output jumped to 51.2 in July from 49.3 in June, a nine-month high, the main force boosting the PMI. The new orders index improved to 48.9 in July from 47.2 in June.
Read more >>

Cheaper to Employ Staff in China or Singapore?
When comparing salaries between countries in Asia, are you looking at the true total cost of employment? Beware of falling into the trap of making comparisons on base salaries alone.
Read more >>

Shanghai‘s Value-Added Tax (VAT) Pilot Programme
At China‘s State Council on October 26th 2011, it was announced that the city of Shanghai is implementing a pilot programme introducing VAT to certain industries and sectors at the beginning of 2012. The Ministry of Finance (MOF) and the State Administration of Taxation (SAT) issued circulars no. 110 and no. 111 outlining rules to replace *Business Tax (BT) with **VAT.
Read more >>

Go West! Extension of Tax Incentives for the Go West Campaign
On July 27th, 2011, the Ministry of Finance, the General Administration of Customs, and the State Administration of Taxation jointly issued guidance setting out the corporate income tax (CIT) and import duty incentives available for enterprises in the western regions of China. The latest change introduced reduces the corporate income tax rate for businesses engaging in industries that China wants to promote in the Western provinces.
Read more >>

Update - The PRC National Social Security Law and How It Impacts Foreign/Overseas Workers
This past summer, a national social insurance scheme was passed which technically went into effect on October 15th, 2011, requiring foreign workers and their employers to contribute to a social security fund in respect of pension, medical care, work-related injury, unemployment and maternity insurance under PRC law.
Read more >>

The Amended China Individual Income Tax Law - Effective September, 2011
The Individual Income Tax (IIT) Law was approved by the National People‘s Congress in June and will soon take effect on September 1st 2011. From what can be seen, the IIT reform will give tax relief to low and medium income earners while subjecting high income earners (which most foreign expatriates ...
Read more >>

New Expatriate Social Insurance in China
Foreign companies in China face significantly higher costs because of a new social insurance law that will apply to expatriate employees for the first time from July 1. China's first national social insurance law could require companies employing foreigners to pay up to Rmb4,324.56 ($667) per month in social insurance contributions, to pay for things like ...
Read more >>

China to Lead World in Innovation by 2020 - Survey
According to a recent public opinion survey, China is set to become the world‘s most important centre for innovation by 2020, overtaking both the United States and Japan. The shift is not because the United States is doing less science and technology, but because countries like China and India are doing more -- a fact reflected in a spike-up in successful Asian research efforts in recent years ...
Read more >>

China Passes New PRC Social Insurance Law
On October 28th, 2010, the Standing Committee of the National People‘s Congress has promulgated the "PRC Social Insurance Law". The Law will come into effect on July 1, 2011 ...
Read more >>

 

^top

 

© Copyright 2011 to Asianet Consultants  |   Part of the Asianet Group of companies    |     A member of the  IESF  |   Site Map    |    Contact Us