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Thailand: FTI: Trade war pummels electronics

The Federation of Thai Industries (FTI) says the US-China trade war is hurting exports of electronics and components after overall shipments of these products fell by 11.3% year-on-year to 347 billion baht during the January-April period. Gritsada Suptuaychone, vice-chairman of the FTI’s electrical, electronics, telecom and allied industries club, said China cut purchase orders from […]

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Indonesia offers more tax breaks to boost jobs, growth

JAKARTA: Indonesia on Tuesday rolled out corporate tax breaks for labour-intensive industries and R&D investments in a bid to create jobs in Southeast Asia’s biggest economy. They are part of a series of tax measures aimed at boosting investment and accelerating economic growth amid signs that the government’s 2019 growth target of 5.3% may be […]

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Vietnamese brands moving into global value chain, markets

Vietnamese businesses are further participating in the global value chain and reaching out to the world market. According to experts, state-owned enterprises used to invest mainly in neighbouring markets such as Laos and Cambodia, but things have changed now. Many investments now are made by private enterprises and span many fields from technology and agriculture […]

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