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Indonesia: Number of Homecoming Travelers by Plane Increases 11.57 Percent

TEMPO.CO, Jakarta – The number of homecoming travelers by plane on the second day of Eid al-Fitr increases by 11.57 percent.  Transportation Ministry secretary-general Sugihardjo said today that the increase was attributable to two things: stronger people’s purchasing power and infrastructure development. In addition, the number has increased owing to extra flights offered by airlines. “More frequent flights were […]

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Myanmar: Traders repeat calls for tax reduction

Businesses in jade and gemstone sector have, again, asked for tax reduction, and have set out recommendations for the government with the aim to make Myanmar competitive in gemstone export. During a meeting last week, the vice president and the minister of the Ministry of Planning and Finance have been requested by various businesses in the jade, gemstone […]

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Singapore: MAS to make it easier for banks to invest in non-financial businesses

SINGAPORE: Banks will soon find it easier to invest in non-financial businesses with the Monetary Authority of Singapore (MAS) looking at easing regulations. The upcoming policy change was announced on Tuesday evening (Jun 27) as the authority seeks to update its framework separating banks’ financial and non-financial business. Speaking at the 44th annual dinner of the Association […]

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Philips to buy US Spectranetics in 1.9 billion euros deal

Philips , the Dutch medical equipment maker, said on Wednesday it will acquire U.S.-based Spectranetics Corp for 1.9 billion euros (US$2.16 billion), including debt, in a deal agreed with the company’s boards. Philips , the Dutch medical equipment maker, said on Wednesday it will acquire U.S.-based Spectranetics Corp for 1.9 billion euros (US$2.16 billion), including […]

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Vietnam: Branding critical for enteprises development

The Hanoitimes – Along with appropriate business strategies, modern technology application and products’ qualities enhancement,branding development and protection is key for enterprises to operate in a globalized context. However only a few Vietnamese companies focus on branding. 80% of enterprises only pay 5% for branding  Together with the expansion of the market economy, the number of […]

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