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Thailand: Company registrations continue to rise on EEC boost

Business registrations continued to increase in March, boosted by the government’s tourism promotion scheme and greater investment in the government’s flagship Eastern Economic Corridor (EEC).  Poonpong Naiyanapakorn, deputy director-general of the Business Development Department, said new business registrations rose by 2% year-on-year in March to 6,876.  The top three sectors for new business registration in March […]

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High productivity key for Vietnam to pursue inclusive growth

The Hanoitimes – Vietnam’s manufacturing labor productivity remains around a quarter of China’s and Malaysia’s, one third of Indonesia’s and the Philippines’, a half of India’s and Thailand’s, and just around 7% of Japan’s and South Korea’s. Boosting the growth of manufacturing productivity and innovation is key for Vietnam to avoid the middle-income trap and pursue […]

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Malaysia’s vehicle permit is being implemented after 4-year delay, and Singapore drivers will need it to enter JB

From October 1, Singaporeans who want to drive into Malaysia via Johor will have to obtain a special permit first. Malaysia’s ministry of transport announced on Thursday (April 25) that all foreign-registered vehicles must have a Vehicle Entry Permit (VEP) by the deadline, otherwise they will not be allowed to enter the country, Bernama reported. The Malaysian government […]

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Indonesia has opportunity to expand production of healthcare glass

Industry Minister Airlangga Hartarto is saying that business players still have a great opportunity to expand their production of glass products for the healthcare and pharmaceutical industry to supply both domestic and international markets. He said the government gave strong support to the development of the industry through Presidential Instruction No. 6/2016 on the acceleration […]

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Myanmar economy to rebound

DESPITE Myanmar’s economic growth having declined to 6.2 per cent last year from 6.8 per cent in 2017 , the nation remains resilient and is expected to return to growth of 6.5 per cent this year and 6.6 per cent next year, according to WB economists. Andrew Mason, World Bank’s acting chief economist for East […]

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