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Thailand: Franchise ventures see rapid growth

Thailand’s franchising business is thriving, with more than 50 food and services chains planning to explore opportunities in Thailand this year, says a franchise consultancy.  Sethaphong Phadungpisuth, managing director of Gnosis Co, said those chains are from both local and international brands. Most of them are in the food, beverage, learning centre and cleaning sectors.  Thanks […]

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Malaysia: Unemployment rate in Nov unchanged at 3.3%

KUALA LUMPUR: Malaysia’s unemployment rate remained unchanged at 3.3% in November 2018 on track for the third straight month, according to the Statistics Department. Its chief statistician  Datuk Seri Dr Mohd Uzir Mahidin said on Tuesday the number of unemployed persons was 516,200 which was an increase of  2.2% from a year ago. He said the labour […]

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Indonesia cracks down on e-commerce to raise tax collection

Indonesia is bringing in new rules requiring e-commerce sellers to share data with authorities, while also stressing that they must pay taxes, the finance ministry said on Monday. Surging smartphone use and a rising middle-class income in Indonesia, home to 260 million people, has made its e-commerce industry a battleground for foreign investors. Spending in […]

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Philippines: Car sales skid 16% in 2018

MANILA, Philippines — Local vehicle assemblers ended 2018 with a 16 percent decline in sales compared to a year ago, but are confident of seeing better performance this year.  A joint report of the Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI) and Truck Manufacturers Association Inc. (TMA) released yesterday showed total vehicle sales […]

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