04:05 APAC
ADVERTORIAL
Asia Briefing from Dezan Shira & Associates
Hong Kong In 2024, Hong Kong launched the Electronic Mandatory Provident Fund (eMPF) platform, a centralised digital system for managing retirement accounts. Previously, employers had to interact separately with individual trustees; now all MPF accounts can be managed in
one place via web or mobile app. Operated by a designated MPFA entity, the eMPF aims to cut administration time, improve compliance, and enhance user access. Dezan Shira’s China Briefing outlines the transition to the new system, including migration steps and compliance checks for payroll and HR teams.
China China’s minimum wages are rising steadily, with Shanghai leading at RMB 2,740 (US$378) per month and Beijing at RMB 27.7 (US$3.70) per hour. By September 2025, 31 provinces and regions had surpassed the RMB 2,000 (US$275) monthly threshold, reflecting the government’s policy to raise incomes. Sixteen provinces adjusted wages in 2024, and numerous increases have already taken effect in 2025 across Guangdong, Fujian, Guangxi, and Beijing. While Liaoning 1,700, upward adjustments nationwide mean foreign investors should prepare for continued annual labour cost growth. Dezan Shira’s China Briefing provides full regional wage tables and effective dates. remains the lowest- paying region at RMB
Philippines Ending employment in the Philippines is a tightly regulated process, with grounds divided into “just causes” (such as misconduct or fraud) and “authorised causes” (such as redundancy or retrenchment). Each category requires strict procedures, from twin notices to 30 days’ advance notice to the Department of Labor and Employment (DOLE). Disputes often arise from procedural lapses or separation-pay errors and must usually pass through DOLE’s conciliation system before litigation. ASEAN Briefing from Dezan Shira & Associates highlights common pitfalls and best practices for foreign employers to avoid disputes.
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GLOBAL PAYROLL MAGAZINE ISSUE 16
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