INDONESIA Pension Program Update 2023 Greetings from i-Admin. This an announcement made by the Government of Indonesia on BPJS Pension Program Benefits revision. Below is the updates related with the amount of benefits and wage regulation for BPJS pension 2023. Updated details on Jaminan Pensiun (Pension Guarantee): Minimum Pension Benefits will be IDR. 383,400.00 per […]
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Japan Unemployment Insurance Deduction Rate 2023 Update Effective from April 1, 2023 Hi All, Japan Labor Bureau has announced updates on the Japan Unemployment Insurance deduction rate effective from April 1, 2023. The Unemployment Insurance rate for Employee contribution has been changed from 5% to 6% and Employer contribution has been changed from 8.5% to […]
Increase of monthly non-taxable for meal allowance up to KRW 200,000 Effective from January 1, 2023 The non-taxable amount for the meal allowance has been changed up to KRW 200,000 from January 1st 2023. Please feel free to contact us if you have any questions. Best regards, i-Admin Korea Inc.
Announcement Changes Related to CPF During The FY2023 Budget Statement Greetings from i-Admin. During the FY2023 Budget Statement in Parliament on 14 February 2023, there are announced changes related to CPF as per below details: 1. Increase in the CPF monthly salary ceiling The CPF monthly salary ceiling sets the maximum amount of CPF contributions […]
Announcement for Thailand Special Public Holidays 2023 Hi All This is to informed that there is announcement for Thailand Special Public Holidays 2023 The Bank of Thailand announces additional special holiday for financial institutions and Special Financial Institutions (SFIs) for B.E. 2566 (2023) as follows: 1. Friday 5th May 2023 You may find […]
Increase of monthly contribution limit to Korea Health Insurance and Long-term care Insurance ratio Effective from January 1, 2023 As of January 1 of each year, the ratio and the minimun & maximum monthly contribution amount is adjusted for HI and LTC contribution purposes. Please refer the changes below. Please feel free to contact us […]
Dear All, China authorities recently announced the launch of a new private pension program in 36 pioneering cities and areas, including Beijing, Shanghai, Guangzhou and Shenzhen. The new program is a supplement to the public pension system supported by government policies, voluntarily attended by individuals and operated by market. Employees at Chinese companies covered by […]
2022 Malaysia Additional Public Holiday Dear All, The 10th Prime Minister of Malaysia, Dato’ Seri Anwar Ibrahim has declared Monday, 28th November 2022 as Public Holiday. The declaration made in conjunction to the appointment of the Pakatan Harapan’s President as the 10th Prime Minister of Malaysia by His Majesty The Yang Di-Pertuan Agong. […]
2022 Malaysia Additional Public Holiday Dear All, Prime Minister of Malaysia, Datuk Seri Ismail Sabri Yaakob has declared 18th November and 19th November as public holidays. The special holiday was to encourage the people to carry out their responsibility and vote on polling day that will took place on 19th November 2022 (Saturday). […]
2023 Philippines Public Holiday Dear All, Please find the attached Year 2023 Public Holiday for Philippines. Yours Sincerely, i-Admin Philippines