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Thailand: CABINET APPROVES DRUG PLANT PLAN

The Cabinet yesterday approved a plan by the Government Pharmaceutical Organisation (GPO) to construct the second phase of its pharmaceutical plant in Rangsit area at a cost of Bt5.607 billion. The move will help GPO to expand its production capacity to cope with the requirements of the Good Manufacturing Practice (GMP) standard. Nattaporn Jatusripitak, an […]

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TRAIN 2 seen to lessen Philippines competitiveness

MANILA, Philippines — The second package of the government’s tax reform program is seen to make the country less competitive resulting to a slowdown in investments over the near term, BMI Research said. In its latest economic analysis, the research arm of the Fitch Group said the second of the five packages under the comprehensive […]

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Indonesia lures US to invest more

The administration is revising regulations on tax incentives for investment and seeks to pass them by the end of this month. Speaking to 41 US-based companies grouped under the US-ASEAN Business Council on Tuesday morning, the President underlined the significance of investment into Indonesia from the world’s top economy. “American investment into Indonesia has been […]

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