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  • August 30, 2015

    People power 'needed to sustain forests'

    ... and Vietnam, an increase of about one-third since 2010, according to a RECOFTC survey. But this is still only 3.5 per cent of total forestland in Asean, RECOFTC said, noting that no data were available for Laos and Malaysia. The most notable expansions of locally managed land were in Thailand, Cambodia...

    Business
  • August 30, 2015

    Making the right connections

    ... is a threat (to Japan) No, I don't think sofor the moment. Do you see Japan lagging behind in its relations with Thailand and other Asean countries vis-a-vis China Do you have to fight China's influence in Thailand The media tends to misperceive the situation. For example, construction...

    Aec
  • August 29, 2015

    Snack manufacturer sets sights on cracking growth

    ... during 2016, he said. Porkriabkung Food Industry will also expand its export footprint. It currently ships to Laos, but will soon sell to other Asean markets, including Cambodia, Vietnam and Myanmar. Its monthly revenue target of Bt5 million next year is expected to be split equally between domestic...

    Business
  • August 29, 2015

    Mega Lifesciences inks partnership with Indonesian pharma company

    ... be built with Indonesian expertise through technology transfers and a manufacturing arrangement. The broader aim of the agreement is to capture Asean's largest market through leveraging Mega's pharmaceutical know-how and Sydna Farma's strong local manufacturing capabilities, improving market penetration...

    Business
  • August 29, 2015

    PM vows to back South China Sea code of conduct

    PM vows to back South China Sea code of conduct THAILAND will continue to ensure the implementation of a code of conduct between China and Asean states, as conflict over the South China Sea persists, Prime Minister Prayut Chan-o-cha has assured Philippine President Benigno Aquino. Thailand is the...

    Politics
  • August 29, 2015

    Army chief praises NLA for approving Bt2.72-tn 2016 national budget

    ... to clarify that it is a matter of necessity, which does not mean that it's for the purpose of preparing for war. However, we are moving towards the Asean Community. Therefore, there is the necessity to upgrade all [of the Army's capacities] at an equal level." He added that Thailand's international...

    Politics
  • August 28, 2015

    BOT, Malaysian central bank ink agreement on currency cooperation

    ... transaction costs for businesses. "The establishment of this framework will pave the way for greater financial and economic integration in the Asean region. This bilateral arrangement [will] further strengthen trade and investment flows between Malaysia and Thailand as well as in fostering closer economic...

    Business
  • August 28, 2015

    Russia plans more industrial parks for Asean

    Viktor Tarusin, executive director of the Russia-Asean Business Council, said some platforms such as industrial parks for Asean businesses had already been proposed, with Asean ambassadors, who visited the sites in June. "We have a number of active industrial parks, but what is more important is that they are run...

    Business
  • August 28, 2015

    Kingdom's new inheritance tax and gift tax explained

    ... tax at the rate of 5 per cent. Taxpayers who do so can exclude such income from taxable income in their computation of annual tax payable. In Asean, the Philippines and Vietnam are the two countries that tax income from inheritances or gifts. The Philippines imposes an inheritance tax with a tax...

    Business
  • August 28, 2015

    Regional giant still ambivalent towards AEC

    These 18-year-olds are at the forefront as Astra, Indonesia's largest carmaker, gears up for the Asean Economic Community (AEC) next year. "We hold seminars on AEC and emphasise the idea during lessons, to stress to them why they need to continuously improve themselves," says the polytechnic's director...

    Opinion