APAC

[Bangladesh] Expats don’t need embassy endorsement to open bank account [Bangladesh] Expats don’t need embassy endorsement to open bank account

Bangladeshi nationals staying abroad have to submit several documents from Bangladesh missions abroad to open a bank account at home.
28 Jul 2022

[India] ESIC social security scheme added 1.49 million new members in May [India] ESIC social security scheme added 1.49 million new members in May

The latest data is part of Payroll Reporting in India: An Employment Perspective - May 2022, a report released by...
26 Jul 2022

[Australia] Can employees negotiate an early exit from their contracts? [Australia] Can employees negotiate an early exit from their contracts?

It can be difficult for employees bound by extended timeframes to navigate how and when to leave a current role...
25 Jul 2022

[Laos] Minimum monthly wage increase takes effect August 1 [Laos] Minimum monthly wage increase takes effect August 1

The wage increase is reportedly intended to help Laotians cope with unbridled inflation in the country. It is not yet...
18 Jul 2022

[New Zealand] How long will wage power remain in workers’ hands? [New Zealand] How long will wage power remain in workers’ hands?

An analysis of more than 77,000 vacancies listed on the site found salaries had boomed across New Zealand in the...
15 Jul 2022

[India] Rule change for final settlement of wages delayed [India] Rule change for final settlement of wages delayed

With a number of revisions, including the pay code, the new regulation has combined the former 29 laws into the...
13 Jul 2022

[India] NPCI offers SWIFT alternative for remittances of 32 million expats [India] NPCI offers SWIFT alternative for remittances of 32 million expats

Successful overseas forays by NCPI would give India a home-grown alternative to SWIFT, the Belgium-based cross-border payment system operator.
07 Jul 2022