The Indonesia Tech Industry: Southeast Asia’s Digital Powerhouse in the Making
As the largest digital economy in Southeast Asia, Indonesia is transforming rapidly from a consumer of global tech trends to a formidable driver of innovation and digital transformation. With a young, mobile-first population, a thriving startup ecosystem, and sustained investor interest, the Indonesia tech sector is not only growing—it’s maturing. Brief History of the Indonesia […]
The Indonesia Energy Sector: Growth, Opportunities, and Investment Potential
Let’s take a deep dive on the dynamic Indonesia energy sector. Indonesia, the economic powerhouse of Southeast Asia, is entering a transformative phase in its energy sector. With vast natural resources, strategic initiatives, and a robust policy framework aimed at fostering sustainability, Indonesia is positioning itself as a pivotal player in the global energy market. […]
Maximum Wage Limit for Indonesia Pension Insurance Contributions Raised
Indonesia’s BPJS Ketenagakerjaan announced on March 1, 2025 an adjustment to the maximum wage limit for the Indonesia Pension Insurance Program or the Jaminan Pensiun (JP), increasing the ceiling by 5.03% to Rp. 10,547,400 per month. The change, effective immediately, is based on Indonesia’s 2024 Gross Domestic Product (GDP) growth rate, as required under Government […]
Indonesia Payroll Guide: Compliance and Best Practices
Managing Indonesia payroll requires a comprehensive understanding of labor laws, taxation policies, and social security obligations. The controversial Job Creation Law (Omnibus Law) of 2020 has also introduced significant changes to the employment landscape, affecting wage structures, termination policies, and social security programs. Businesses operating in Indonesia must ensure compliance with evolving regulations to avoid […]
Hightekers Acquires Eos Group to Create a Global Leader in Employer of Record (EOR) Services
London / Hong Kong – 8th April 2025 — Hightekers, a leading provider of Employer of Record (EOR) and HR outsourcing solutions, today announced the acquisition of Eos, a major EOR player with over 15 years of presence and deep operational expertise across key Asian markets. The acquisition marks a pivotal milestone in Hightekers’ global […]
Vietnam’s Food & Beverage Industry: Growth, Trends, and Future Outlook
The Vietnam F&B (food and beverage) industry has exhibited notable resilience and growth, positioning itself as a dynamic sector within the Southeast Asian market. In 2023, the industry achieved revenues exceeding US$23.6 billion, marking an 11.5% increase from the previous year. The dining segment alone contributed approximately US$21.6 billion, reflecting a 10.9% rise. This growth […]
Vietnamese Coffee and Its Rich History, Growing Popularity, and Promising Future
Vietnamese coffee is a rich blend of history, culture, and innovation that has captured the attention of coffee lovers around the world. Introduced by French colonists in the 19th century, coffee quickly became an integral part of Vietnam’s agricultural and cultural landscape. Over time, the country developed its own distinct coffee traditions, from the strong, […]
Managing Human Capital Risks: A Guide
Human capital, encompassing the skills, knowledge, and experience of employees, is one of the most valuable assets an organization can possess. However, with this value comes significant risk. From talent shortages and high turnover to compliance pitfalls and disengaged teams, human capital risks can disrupt operations, inflate costs, and damage a company’s reputation. Proactively identifying […]
The Vietnam Construction Industry: Growth, Key Projects, and Future Prospects
The Vietnam construction industry has undergone significant growth and transformation in recent years, positioning itself as a key driver of the country’s economic development. In 2024, the industry achieved an impressive growth rate of approximately 7.8% to 8.2%, the highest since 2020. This remarkable performance highlights the sector’s resilience and its pivotal role in Vietnam’s […]
Business Growth Strategies: Build, Borrow, or Buy?
Growth is the cornerstone of any successful business, but how a company expands can make all the difference in its long-term sustainability. Business leaders must choose from three primary business growth strategies: build, borrow, or buy. Each approach has its advantages and drawbacks, making it critical to select the right one based on the company’s […]
