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Indonesia: Gov’t Encourages SMEs to Fulfill National Standards Requirements

TEMPO.CO, Jakarta – Chief of Legal, Organization and Public Relation Division of the National Standardization Agency Nudi Rahardjo said that the Agency will accelerate the implementation of standardization principles for micro, small and medium enterprises (UKM) this year. “The target is that 90 percent of small-medium enterprises can get the Indonesia National Standard [SNI] this year,” […]

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Indonesia: Sri Mulyani Provides Incentives for SMEs

TEMPO.CO, Jakarta – The Directorate General of Customs and Excise has decided to facilitate capital goods and raw material imports for small-medium enterprises (SMEs). The initiative is expected to reduce production costs and at the same time, increase cash flow. The new regulation is also hoped to improve businesses activities in the domestic and international market. […]

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Thailand: Thailand prepares for blockchain

Blockchain technology is headed for widespread adoption in Thailand within two years, necessitating legal amendments to support its use, say academics and technology experts. Blockchain underlies Bitcoin and other cryptocurrencies. The blockchain format is a decentralised ledger system that requires “decentralised approval” from the nodes and participants in the system, as opposed to the current […]

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Philippines: Govt explores hybrid financing for infra – DoF

On top of its intensified revenue collection and investment promotion efforts, the government is exploring hybrid-financing arrangements that will combine development aid and loans to fund its big-ticket infrastructure projects while keeping down borrowing costs, the Department of Finance (DoF) said. In a statement over the weekend, Finance Secretary Carlos Dominguez 3rd said hybrid financing […]

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Cambodia: Cambodia to host LDC roundtable

Cambodia is set to host a meeting in Siem Reap to help coordinate the trade interests of 48 least-developed countries (LDCs), said the Minister of Commerce Pan Sorasak on Thursday. “The members of the World Trade Organization (WTO) were confident in us and chose Cambodia, at the recently concluded WTO annual meeting, to coordinate the […]

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