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Indonesia’s horticultural products more expensive than neighbors, says Japan’s Nanyang

Indonesia’s exports of horticultural products such as fruit, vegetables and spices to Japan remain uncompetitive because of high prices, officials have said. Japanese food products importer Nanyang Trading Co.’s president Katsunari Kasugai on Tuesday said that Indonesian frozen horticultural product prices were 40 percent higher than those from neighboring countries like Thailand and Vietnam, because […]

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Thailand: Business registrations up in June

New business registrations rose 3% year-on-year in June, as entrepreneurs felt more confident about business prospects after the easing of lockdown measures. The Business Development Department under the Commerce Ministry reported on Wednesday new business registrations totalled 5,731 in June, with combined registered capital worth 14.8 billion baht, down 3% from June last year. On […]

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Philippines: Budget gap widens further in 6 months

MANILA, Philippines — The government’s fiscal deficit widened further to P560.4 billion from January to June as the COVID-19 pandemic resulted in higher disbursements but lower revenues year-on-year, according to the Bureau of the Treasury. According to the latest data from the BTr, the government incurred a fiscal deficit of P560.4 billion in the first […]

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PESTECH approved for Cambodia stock market

PESTECH (Cambodia) Plc, a subsidiary of Malaysia-based PESTECH International Bhd, has been granted an approval to proceed with its Initial Public Offering (IPO) on the Cambodia Securities Exchange (CSX), the company announced. Executive Chairman of PESTECH (Cambodia) Paul Lim, said that listing on the CSX marks another milestone for PESTECH Group to solidify the company’s  geographical […]

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EVFTA brings opportunity to restructure Vietnam textile industry

The Hanoitimes – The ability for Vietnam’s textile industry to take advantage of the EU – Vietnam trade deal will depend on the local domestic supply chain. Requirements for product origin under the EU–Vietnam Free Trade Agreement (EVFTA), would bring an opportunity for Vietnam to restructure its textile industry, according to Viet Dragon Securities Company (VDSC). […]

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Singapore senior minister: Unemployment benefits may be considered if there is high structural unemployment over time

SINGAPORE, July 23 — Singapore has managed to keep unemployment rates relatively low so far through traineeship and job matching programmes, in spite of the devastating impact of the Covid-19 pandemic. However, it may have to consider instituting some form of unemployment benefits if this approach fails and Singapore ends up with high structural unemployment over […]

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