While the COVID-19 pandemic continues to disrupt global markets, depreciation has slowed in many locations and some currencies are beginning to recover lost value. Let’s take a look at some notable currency movements of the past month.
On 21 May 2020, the Chinese government proposed enacting a new law in Hong Kong on national security regulations, under the provisions of Annex III of its basic law. This proposal, while lacking many details, has created speculation and concern regarding the impact it may have on the political and business environment in Hong Kong.
Eleven weeks after COVID-19 was officially declared a pandemic, companies and employees have begun to settle into new ways of life around the world, though there are many questions which still remain unanswered about the future.
With fewer people moving during the pandemic, some Mobility functions are taking a strategic look at their programs and resources. Clear communications that are designed from the employee’s perspective improve employee experience and strengthen Mobility’s brand and reputation.
Over the past few months, we have all begun to realize the many differences between life in the office and working remotely at home. We’re adapting to virtual meetings, we’re helping our children navigate online learning, we’ve developed home workout routines, and schedule a regular cadence of video happy hours/chats with friends and family.
Last week, we hosted a webinar on COVID-19 recovery and what to expect next. We invited three corporate panelists to discuss their experiences and share their perspective. Our panelists during this event were the following:
The Kingdom of Saudi Arabia recently announced that effective July 1, 2020 the current 5% VAT (Value-Added Tax) rate on almost all goods and services bought and sold by businesses within the Kingdom will increase to 15%. There are no changes to the list of goods and services to which VAT applies.
With continual declines in confirmed cases of COVID-19 over the last 14 days, AIRINC APAC cautiously welcomes the re-opening of public facilities, as well as the loosening of social restrictions in Hong Kong this week. While residents look to regain some semblance of normalcy, I’ve observed several noticeable changes that may continue.
This webinar is intended to help you and our global mobility community proactively prepare for global mobility's recovery, and learn from leading mobility professionals. Our panel of experts include:
During my Abidjan survey this past February, I found Ivorians to be friendly, often greeting me with “Bonjour Monsieur!” Shopping malls are expanding as new brands arrive in the Ivory Coast market, and good security provides safe areas for expatriate shopping.