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Indonesia has opportunity to expand production of healthcare glass

Industry Minister Airlangga Hartarto is saying that business players still have a great opportunity to expand their production of glass products for the healthcare and pharmaceutical industry to supply both domestic and international markets. He said the government gave strong support to the development of the industry through Presidential Instruction No. 6/2016 on the acceleration […]

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Myanmar economy to rebound

DESPITE Myanmar’s economic growth having declined to 6.2 per cent last year from 6.8 per cent in 2017 , the nation remains resilient and is expected to return to growth of 6.5 per cent this year and 6.6 per cent next year, according to WB economists. Andrew Mason, World Bank’s acting chief economist for East […]

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Thailand: New transfer pricing rules head in the right direction

IN OPEN markets, the “market price” is determined by external market forces as contracting parties aim to protect their best interests. Common management control, however, hinders market forces from operating fully when related companies deal with each other. The price between related companies, the so-called “transfer price”, tends to deviate from the market price for […]

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Malaysia: HBA proposes price control mechanism to curb rising property prices

KUALA LUMPUR: The National House Buyers Association (HBA) is proposing a housing price control mechanism to curb rising property prices and ease the country’s housing affordability issues.  HBA vice president Datuk Goh Seng Toh said measures need to be put in place to prevent developers from hiking up property prices.  “Some developers have a ‘teh-tarik’ syndrome, where if […]

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Foreign demand for Myanmar’s drumstick tree on the rise

Myanmar will export Moringa oleifera, or drumstick trees, to Japan for the first time from June onwards, said U Myint Ko, chair of Myanmar Drumstick and Moringa Producer and Exporters Association.  Japan, China, Malaysia and Singapore have offered to purchase the drumsticks from Myanmar but Myanmar can produce only limited quantities of the tree, he […]

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