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Singapore: Manufacturers ramping up despite coronavirus

SINGAPORE – Many firms have been hit hard by the pandemic but some manufacturers have had to ramp up production to meet higher demand. The Straits Times sees how three businesses overcame challenges like staff shortages and supply chain disruption to boost output amid the crisis. SYNGENTA ADAPTS, EXTENDS WORK HOURS TO STAY PRODUCTIVE Syngenta […]

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Philippines: Private groups still keen on airport projects

MANILA, Philippines — Private groups, which have set their sights on operating and expanding various provincial airports in the country, remain steadfast despite the aviation industry’s uncertain prospects. Prior to the onslaught of the coronavirus disease 2019 or COVID-19 pandemic, various groups swamped the government with their respective unsolicited proposals to operate, maintain, and expand […]

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Cambodia – GMAC: Minimum wage should be suspended during COVID-19

The guaranteed $190 per month minimum wage should be temporarily suspended, to ensure the sector remains competitive until the COVID-19 pandemic is resolved, says the secretary-general of the Garment Manufacturing Association in Cambodia (GMAC). The comments came during annual minimum wage negotiations last week with local garment manufacturing unions and the association, with reports that […]

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Vietnam to cut 30% corporate income tax in 2020

The Hanoitimes – The resolution would take effect after 45 days since the signing date and be applied for this year’s tax payment period. The Vietnamese National Assembly (NA) on June 19 agreed to cut 30% of corporate tax for businesses with revenue under VND200 billion (US$8.58 million) in 2020. With an endorsement of over 92% […]

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M&As are restructuring Vietnam’s e-commerce field

After Tiki and Sendo complete their merger, the e-commerce market will be controlled by three big players – Tiki-Sendo, Lazada and Shopee. The Vietnam Competition and Consumer Authority (VCCA) confirmed that it has received the dossier about economic concentration between Sendo Technology JSC (sendo.vn) and Tiki JSC. Tiki and Sendo, two Vietnamese players in the […]

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