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Cambodia: Ministry rejects salt society’s dissolution

The Ministry of Industry and Handicraft on Tuesday rejected the Salt Producers Community of Kampot-Kep’s (SPCKK’s) proposal to dissolve, saying it needed more time to figure out the issues facing the industry, its spokesman Oum Sotha said. The decision was made during a meeting on Monday between the minister, Cham Prasidh, and relevant parties in […]

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Thailand: Cross-business collaboration key to survival

Will your business still exist in three years? That’s probably the biggest question for top executives worldwide as a new research shows nearly four out of top-ten market leaders today will likely be displaced due to significant technology disruption. The research was conducted by Digital Vortex, a book published by Digital Business Transformation (DBT) Centre, […]

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Indonesia: Businesses seek lower tax rate to improve competitiveness

Representatives of two business associations have called on the government to lower the rate of corporate income tax so they can manufacture products that can compete in the global market. They claim that the 25 percent tax rate means Indonesian products cannot compete in the global market because neighboring countries have lowered the income tax rate. Chairman of the Association of […]

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Thailand: February factory output unexpectedly falls 1.6%

Thailand‘s manufacturing production index (MPI) in February unexpectedly dropped 1.6% from a year earlier, led by lower production of steel, computers and rubber products, the Industry Ministry said on Tuesday. That compares with a forecast rise of 0.52% in a Reuters poll, and against January’s 0.18% increase. Capacity utilisation was at 69% in February, down from January’s […]

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Malaysia: Ringgit rises amid weak dollar outlook

KUALA LUMPUR: The ringgit opened higher against the US dollar in early trade amid the likelihood of a US dollar weakness, a dealer said. At 9.10 am (0110 gmt), the local currency traded at 4.0640/0680 compared with yesterday’s close of 4.0670/0700. He said trade tensions on the US-China trade front could put a floor to […]

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