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Japanese Companies Compensate Bangladeshi Workers In Their Malaysian Factories

The darker side to global supply chains was again well illustrated recently in slavery like conditions endured by hundreds of Bangladeshi migrant workers at Kawaguchi Manufacturing Sdn Bhd, a Malaysian supplier of plastic parts for TVs and air conditioners to Sony, Panasonic and Daikin
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Experts Warns ASEAN’s Tax Regimes Are Hurting Innovation, Driving Black Markets

The Center for Market Education (CME) has warned that Southeast Asia’s troubles in enforcing income tax collection and heavy reliance on indirect taxes – accompanied by the lack of a coherent regulatory approach – are undermining legitimate businesses, suppressing innovation and fuelling illicit trade
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Southeast Asia: World’s Dumping Ground For Plastic Waste

HONG KONG, SAR: In the wake of China’s 2018 ban on plastics recycling, criminal organizations have been illegally shipping waste to Southeast Asia, passing through “multiple transit countries” to camouflage the origins of the shipments, according to Interpol, with “significant use of counterfeit documents and fraudulent waste registrations.” Some plastic waste reaches Asia from Italy by way of its neighbor Slovenia.
 
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Uncertainty Over Where Central Banks’ Monetary Policy Is Headed

MICHIGAN, US:A fall in the headline rate of inflation in major economies and pressure from financial markets for interest rate cuts are creating the conditions for a conflict in the governing bodies of the major central banks over the direction of monetary policy.
 
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Malaysia Reaches 45th Position Out Of 88 On New International Trade Barrier Index

KUALA LUMPUR, Malaysia:Malaysia ranks 45th out of 88 countries in the International Trade Barrier Index (TBI) 2023, released by the Tholos Foundation in Washington D.C. The Center for Market Education (CME) is the Malaysian partner for the Tholos Foundation and hosted the Innovation Summit Southeast Asia 2023 where the new Index was released – for the first time in the world – at the Asia School of Business.

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Only ‘real equality’ can end vicious cycle of poverty

NEW YORK, U.S.--Although poverty and privilege “continue to reproduce themselves in vicious cycles”, it is possible to break the chain and shift the paradigm, an independent UN human rights expert told the General Assembly on Wednesday.

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MyCC Melancarkan Kajian Semula Pasaran Bagi Sektor Pengangkutan

KUALA LUMPUR,Malaysia--Suruhanjaya Persaingan Malaysia (MyCC) telah melancarkan kajian semula pasarannya yang ke-7, bertajuk “Kajian Semula Pasaran di bawah Akta Persaingan 2010 bagi Sektor Pengangkutan di Malaysia (Ekosistem Logistik Pelabuhan dan Waranti Kenderaan Bermotor) hari ini.

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MyCC Publishes Findings Of Market Review On Transportation Sector

KUALA LUMPUR, Malaysia--The Malaysia Competition Commission (MyCC) published its 7th Market Review titled, “Market Review under the Competition Act 2010 for Selected Transportation Sectors in Malaysia (Port Logistics Ecosystem and Motor Vehicles Warranty)” earlier today.

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Setting Sights on Money Laundering from Environmental Crimes

KUALA LUMPUR, Malaysia--In July 2021, the Financial Action Task Force (FATF) published a 66-page paper on Money Laundering from Environmental Crime. The report compiled case studies and best practices submitted by over 40 countries, as well as inputs from international organisations like the International Monetary Fund (IMF), Organisation for Economic Co-operation and Development (OECD) and World Bank Group.

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