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Philippine firms mostly clueless on inclusive business

MANILA, Philippines — Majority of local companies are unaware and do not engage in inclusive business, citing government bureaucracy and existing regulatory environment as main constraints, a joint study by the Board of Investments (BOI) and the United Nations Development Programme (UNDP) showed. The “Business+ Philippines” study released yesterday, which surveyed 223 local companies from […]

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Ukraine seeks to supply eggs, poultry to Malaysia

KIEV: Ukrainian dairy and poultry companies are seeking to supply Malaysia with their products, the country’s state service for food safety said on Monday. “A number of Ukrainian dairy, poultry and egg companies have already sent applications to Malaysia’s authorities,” the service said. Ukraine has already exported wheat, flour, peas and sunflower oil to Malaysia. […]

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Powering Investment In Laos

By the end of 2016, with US$5.4 billion worth of funding already in place, China was by far the largest overseas investor in Laos. China and Laos jointly initiated work on the second phase of the 1,156-megawatt Nam Ou Cascade Hydropower Project earlier this year. The project, set on Laos’ principal river, is seen as […]

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Indonesia: Ngurah Rai Airport Closed, Flights to be Diverted to 9 Airports

TEMPO.CO, Jakarta – State-owned AirNav Indonesia Operations Director Wisnu Darjono said that the company is preparing nine airports to divert flights in and out of Bali Ngurah Rai Airport, which has been closed due to Mount Agung eruption. The airports are located in Jakarta, Makassar, Surabaya, Balikpapan, Solo, Ambon, Manado, Kupang and Banyuwangi. According to Wisnu, the alternative […]

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Thailand: Cooperation urged in e-commerce tax collection

International cooperation is pivotal to collecting e-commerce taxes levied on foreign companies who earn revenue from digital service transactions in Thailand, says a senior official at the Finance Ministry. Levying online transactions requires an international agreement on which trading processes should be taxed, said Lavaron Saengsanit, the inspector-general who oversees the ministry’s tax reforms. Even […]

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