There are two main types of talent needs for Chinese enterprises in Southeast Asia

2023-09-06
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More and more Chinese companies hope to expand their business in Southeast Asia, seek growth, and use Southeast Asia as a springboard to enter the international market. Southeast Asian talents, especially those from Singapore and Malaysia, generally possess good English and multilingual skills, have a multicultural background, and have a thorough understanding of Eastern and Western cultures, which can well meet such needs. Another type of demand is that many Chinese companies want to establish teams in countries with lower labor costs, including IT, sales, marketing, etc., to reduce their operating costs. For example, many of our clients will go to countries such as Malaysia, Indonesia, Vietnam, and the Philippines to recruit teams because the employment cost is much lower compared to Singapore. From the perspective of talent characteristics, Indonesia and Vietnam have significant demographic dividends and relatively low employment costs; What many people may not know is that these two countries have developed rapidly in the fields of artificial intelligence and software engineers, and have also generated many unicorn companies. As the largest economy in Southeast Asia, Indonesia has significantly increased the number of talents with global comprehensive capabilities. Its technical talents are able to keep up with the latest industry trends and are increasingly receiving attention from multinational corporations. We have also observed that a considerable number of Chinese companies will establish sales and customer service teams in the Philippines, which can reduce enterprise costs and help enterprises achieve localized operations, killing two birds with one stone. From this, it can be seen that as a constituent country of Southeast Asia, each country has unique advantages, and these countries with different styles form the talent market full of opportunities in Southeast Asia. For Chinese enterprises, the deeper they are rooted in Southeast Asia, the more diverse and diverse talent organizations they need to form.

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