The Hanoitimes – Vietnam’s manufacturing labor productivity remains around a quarter of China’s and Malaysia’s, one third of Indonesia’s and the Philippines’, a half of India’s and Thailand’s, and just around 7% of Japan’s and South Korea’s. Boosting the growth of manufacturing productivity and innovation is key for Vietnam to avoid the middle-income trap and pursue […]
Read MoreThe Hanoitimes – Carlsberg, which currently holds a 17.34% stake in Habeco, has the right of first refusal for any stake sale from the Hanoi-based beer company, expressed interest in raising the stake, but discussions have dragged for years. Vietnam’s second-largest domestic brewer Hanoi Beer Alcohol and Beverage (Habeco) and its strategic investor Denmark’s Carlsberg […]
Read MoreFrom October 1, Singaporeans who want to drive into Malaysia via Johor will have to obtain a special permit first. Malaysia’s ministry of transport announced on Thursday (April 25) that all foreign-registered vehicles must have a Vehicle Entry Permit (VEP) by the deadline, otherwise they will not be allowed to enter the country, Bernama reported. The Malaysian government […]
Read MoreIndustry 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 […]
Read MoreDESPITE 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 […]
Read MoreIN 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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Thailand
