PETALING JAYA: The medical devices industry in Malaysia is dominated by companies engaged in the production of medical gloves and other medical disposable products. The feat of Malaysian glove players is well-known – they supply 60% of the world market for rubber gloves. However, few are aware that Malaysia is also the world’s leading producer […]
Read More[BANGKOK] Thailand’s annual headline consumer price index (CPI) rose 0.52 per cent in August from a year earlier, below a Reuters poll forecast of a 0.85 per cent increase and July’s 0.98 per cent rise, commerce ministry data showed on Monday. August headline inflation was the lowest level since January and stayed below the central […]
Read MoreBritain is signalling a shift in its trade policy on Myanmar to focus on opening up specific sectors where UK companies already have a foothold, including education, financial and professional services, infrastructure and energy. In an interview with The Myanmar Times, Warren Pain, director of international trade at the British embassy, set out how the UK […]
Read MoreDespite being the fastest growing region for internet users in the world, Southeast Asia has still been slow to address the pressing need for training and developing cybersecurity specialists. “Asean is the world’s fastest-growing internet region, with the user base forecasted to reach 480 million people by 2020,” says Haji Amirudin Abdul Wahab, CEO of […]
Read MoreMANILA, Philippines — The Philippines will adopt stricter measures on the entry of imported goods as it eyes non-tariff measures as a major policy direction to protect the local agriculture sector. In a meeting with the Philippine Chamber of Agriculture and Food Inc., Agriculture Secretary William Dar said non-tariff measures and a legislated land use […]
Read MoreIndonesia’s tax office has announced several tax incentives for oil and gas contractors operating in the country. At the exploration stage, the tax office will waive outstanding value added tax (VAT) or luxury tax (PPnBM) on acquired taxable goods used in the oil exploration process. It also deducts 100 percent of outstanding land and building […]
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