HR Update: Implementation of ePASS For Pass Endorsement at MYXPATS Centre
The Immigration Department of Malaysia (JIM) will implement the issuance of ePASS effective 1 March 2025.
The Immigration Department of Malaysia (JIM) will implement the issuance of ePASS effective 1 March 2025.
Effective 1st March 2025, Indonesia’s BPJSTK has announced several changes to the pension plan limit.
Starting this year, all Social Security Organisation (Perkeso) contributors no longer need to pay for medical treatment at panel clinics for work-related accidents and occupational diseases.
Under the new rate, the contribution is shared between employers and employees, with employers contributing 10% and employees contributing 5%. Self-employed, voluntary, and non-working spouse members are responsible for the full 15% contribution.
Please be informed that there are adjustment to the social contributions rate in Taiwan, with effective from 1st January 2025.
With the approval of the Party Central Committee and the State Council, according to the “National Holidays and Memorial Day Holiday Arrangement” revised in November 2024, starting from January 1, 2025, the public holidays for all citizens will be increased by 2 days, with an additional day added to both the Spring Festival and Labor Day.
Exciting updates are on the way for Singapore’s Central Provident Fund (CPF) starting January 1, 2025!
As Singapore positions itself as a global hub for talent, the government’s recent changes to Employment Pass (EP) salary criteria and enforcement of fair hiring practices reflect a strategic shift in how companies attract and retain talent.
Starting in July 2024, Shanghai and Beijing introduced new upper and lower limits on salary bases for social contributions and housing funds, which directly impact both employer and employee contributions.
In a rapidly changing global economy, Malaysia’s consistently low unemployment rate stands as a beacon of resilience and opportunity. But beyond the numbers, what does this mean for the everyday Malaysian?