News on Hebronstar vol. 62

 

[Inside Korea]

 

Can Bioplastic growth rate meet the market needs 

As plastic waste becomes major issues of the environment, Various countries tried to regulate the use of the plastic for single use supplies. To increase the recycle rate of the plastics European countries have been making packaging guideline of mono material plastic packaging with environmental contributions.

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[Inside Vietnam]

 

Prioritizing workers’ well-being a sound business strategy in Covid-19 times

Beverage maker Tan Hiep Phat decided employment and employee protection would be prioritized over business strategy and it’s worked, says Deputy CEO Tran Uyen Phuong.

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North-South Expressway : Public investment will cut costs by $800 million

Using the state budget for building eight North-South Expressway sections could cut interest expenses alone by VND19.2 trillion ($823 million) over private investment.

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Ministry says no to suspension of petroleum imports

The trade ministry has rejected a proposal that Vietnam stops importing petroleum, saying large domestic inventories cannot negate other factors like international commitments.

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[Inside Indonesia]

 

Indonesia Energy, utility companies cut costs to survive slumping demand

State-owned energy and utility companies are taking measures to cut expenditure and diversify their businesses to survive while the COVID-19 pandemic is battering demand.

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Explainer : New rules in revised Mining Law

The House of Representatives passed a revision of the 2009 Coal and Mineral Mining Law on Tuesday in a move criticized by some experts and NGOs over a lack of transparency and alignment with business interests.

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Indonesia Budget for public works and transportation slashed by Rp 54.8 trillion

The Public Works and Housing (PUPR) Ministry and the Transportation Ministry have had their 2020 budgets slashed by a combined total of Rp 54.8 trillion (US$3.6 billion) as part of the budget reallocation program to finance the government’s COVID-19 mitigation effort and economic stimulus, ministers said.

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