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Employment Law News – Read workers rights news, labor law updates, and employment law updates with latest developments, policies, and workplace regulations worldwide.

The Increase VAT Percentage will Apply to Luxury Goods : Indonesian President Prabowo

The Increase VAT Percentage will Apply to Luxury Goods : Indonesian President Prabowo

With the vision of widening the economy of Indonesia, the President Prabowo Subianto has announced the increase in VAT (Value Added Tax) for the luxury goods and services from 11 percent to 12 percent. This

Boeing shares see sharp drop after South Korea plane crash

Boeing shares see sharp drop after South Korea plane crash

Prominent manufacturer Boeing had to see multiple difficult periods in 2024. Its shares took another knock on Monday at a 4% fall at one stage after a deadly plane crash in South Korea on Sunday.

Second Texas Judge Strikes Down Biden’s Overtime Pay Rule

Second Texas Judge Strikes Down Biden’s Overtime Pay Rule

A federal judge in Texas has blocked a new regulation from the Biden administration that would have pushed back the eligibility for overtime to around four million paid employees. Lubbock had U.S. District Judge Sam

Why Are 16,000 Indians Replacing Palestinian Workers in Israel?

Why Are 16,000 Indians Replacing Palestinian Workers in Israel?

Many things were altered as a result of the prolonged confrontation between Israel and Hamas including the influx of Indian laborers. Many Palestinian workers have been replaced by Indian workers. In the past year about

The Stock Market Performance of Dubai Surpasses Higher in a decade

The Stock Market Performance of Dubai Surpasses Higher in a decade

The energy dominance and diverse economics of the members of the Gulf Cooperation Council (GCC) analyse and foster the economic integration, regional security and cooperation of the six Middle Eastern countries including Bahrain, Kuwait, Oman,

“More Interest Rate Cuts in 2025”: Turkey’s President Tayyip Erdogan

“More Interest Rate Cuts in 2025”: Turkey’s President Tayyip Erdogan

On December 26,2024 the Turkey’s Central Bank lowered the main interest rate from 50 percent to 47.5 percent for the first time since twenty four months. There are robust reasons behind this decision of the

Voluntary retirement plan in focus: BSNL layoffs to impact 18,000 to 19,000 employees

Voluntary retirement plan in focus: BSNL layoffs to impact 18,000 to 19,000 employees

Indian telecommunication company Bharat Sanchar Nigam Limited (BSNL) has proposed a fresh voluntary retirement plan VRS 2.0 and announced that it is going to reduce thousands of job positions to enhance its financial balance. The

Barclays layoffs: Leading UK-based bank announced restructuring efforts before Christmas holidays

Barclays layoffs: Leading UK-based bank announced restructuring efforts before Christmas holidays

Just before Christmas holidays this year, Barclays handed out pink slips instead of year-end bonuses, firing dozens of employees. The UK-based bank also added insult to injury by denying many fired employees their annual bonuses.

Suez Canal Revenues Drop Over 60% Over Regional Challenges

Suez Canal Revenues Drop Over 60% Over Regional Challenges

It reduced their revenues to below $1.3 billion in 2024 for the international route trade facilitation as compared to an average revenue of $3.65 billion they received in 2023 in Egypt they noted because of

BYD Refutes Claims of Poor Working Conditions at Brazil Factory Site

BYD Refutes Claims of Poor Working Conditions at Brazil Factory Site

The Chinese automotive firm, BYD has recently dismissed recent reports on extremely bad working conditions at construction site in Brazil for its new plant. It emerged when Brazilian prosecutors accused the company of forcing 163