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Cambodia: A more direct path for mango exports

Sweet and juicy mangoes grown in Cambodia have been finding their way into top Asian markets for years, but until now only through Thai and Vietnamese brokers, and often repackaged or processed into juices and jams to disguise their Khmer origin. Local producers’ lack of modern processing and packaging equipment meant the only way to […]

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Indonesia: Processing Industry Boosts Export Value

TEMPO.CO, Jakarta – The Central Statistics Agency (BPS) announced a trade surplus of US$8.78 billion in 2016. This is an increase from 2015’s surplus of US$7.7 billion. According to the agency, the processing industry served as the backbone of last year’s trade, contributing 76 percent of the total exports value. BPS chief head said that although […]

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Indonesia: Tax DG: Tax Revenue Slows Down

TEMPO.CO, Jakarta – The Finance Ministry’s Tax Directorate General reported a slowdown of tax revenue in 2016  compared to 2015. “Currently, the growth [of the tax revenue] is slowing down. The revenue had missed the target,” Tax DG’s director of tax compliance and revenue Yon Arsal said at his office in Jakarta on Tuesday, January 17, […]

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Thailand: Ministry proposes Bt20 bn SME development fund

THE Finance Ministry will today propose to the Cabinet an SME development fund with the initial size of Bt20 billion in an effort to sprout small and medium-sized enterprises in the agricultural, tourism and service industries across the country. Deputy Prime Minister Somkid Jatusripitak, after chairing a meeting on the integration path to develop SMEs […]

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Philippines: The future is in agribusiness

The global unemployment rate will increase to 5.8 percent representing 3.4 million people or a total of 201.1 million, according to the World Employment and Social Outlook-Trends 2017 report recently released by the International Labor Organization. This gloomy picture is attributed to the weak economic growth in many regions, in particular Sub-Saharan Africa, Latin America […]

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