TEMPO.CO, Jakarta – Industry Minister Airlangga Hartarto said the national pharmaceutical industry continues to show positive performances. According to Airlangga, the market value of Indonesia’s pharmaceutical products has reached US$4.7 billion. “It is equivalent to 27 percent of the total market in ASEAN,” Airlangga said in an e-mail yesterday. When attending the 60th anniversary of Bayer’s operations […]
Read MoreTEMPO.CO, Jakarta – Bank Indonesia (BI) Governor Agus Martowardojo asserted the low coreinflation and deflation do not necessarily mean low public purchasing power. Instead, the deflation and low core inflation reflect government’s success in controlling prices. “Core inflation does not necessarily reflect weak purchasing power,” Agus said after a meeting with President Joko Widodo or Jokowi at the […]
Read MoreThe Ngeay Ngeay (Easy Easy) Business Information Platform was officially launched last week to help entrepreneurs, especially women, access business information and Cambodian laws. The Business Information Platform aims to make business registration information accessible for all. Reach Ra, secretary of state at the Ministry of Commerce who presided over the launch, said on Thursday […]
Read MoreThailand’s annual exports are expected to grow no more than 5% in the fourth quarter as a strong baht has affected trade competitiveness, the Thai National Shippers’ Council said on Monday, as the currency hovered at 28-month highs against the dollar. The group predicts exports will rise 5% for the whole of 2017, Visit Limluecha, […]
Read MoreTEMPO.CO, Jakarta – The government continues to prepare for lowering tax charges for micro, small and medium-sized enterprises (SMEs) from 1 percent to 0.25 percent. Suahasil Nazara, head of Fiscal Policy Agency, the Finance Ministry, said that the government will carry out an evaluation to boost tax compliance of small businesses. The Finance Ministry has included the […]
Read MoreMANILA, Philippines – The country’s inflation rate in August likely accelerated to 3.1 percent as prices of food and petroleum products increased during the period, the Department of Finance (DOF) said. In his latest economic bulletin, Finance Undersecretary Gil Beltran said inflation may have risen to 3.1 percent last August, as compared to the 1.8 […]
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