201510.29
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South East Asia Retail Expansion Summit: Indonesia in the midst of a Retail Revolution

Jakarta, Indonesia, 21-22 October 2015. Tractus Indonesia Country Representative, Daniel Bellefleur, chaired and presented at Lnoppen’s 3rd Annual Southeast Asia Retail Expansion Summit at the Raffles Hotel Jakarta. The conference attracted over 140 professional retail delegates from a wide range of companies and sectors within the retail industry. Daniel gave an overview of the Indonesian…

201510.14
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U.S. Commercial Service Visits Tractus

The new U.S. Commercial Service Counselor, Mr. Gregory Wong, along with Commercial Specialist Mr. Kitisorn Sookpradist, pays a courtesy visit to Tractus’ office on the 14th of October 2015. Tractus and the U.S. Commercial Service office has an extended relationship over the years and has collaborated on various projects throughout the region. Tractus looks forward…

Real estate acquisition and contract implementation in Vietnam
201510.09
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Real estate acquisition and contract implementation in Vietnam

Background: Tractus was retained by a multinational apparel company to support them in a real estate acquisition in Northern Vietnam. Tractus’ client, with a long time operating company in Vietnam, decided to expand their operation in the country by acquiring an existing garment plant, owned by a Korean investor in financial distress. Project: Tractus was…

SEA and India supplier search for pharmaceutical raw materials
201510.09
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SEA and India supplier search for pharmaceutical raw materials

Background: Tractus was engaged by a U.S based manufacturer of generic medication to find commercially viable raw materials (plant sources) to produce an active pharmaceutical ingredient across Asia. This request was made in reaction to robust year-on-year price increases in China, where the ingredient was primarily sourced at the time. Tractus was requested to identify…

201510.09
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Myanmar factory owners in a bind?

Much is currently being made of recently approved implementing regulations for minimum wage in Myanmar. Workers at labor-intensive factories argue inflation and rising costs have made their wage rates unlivable. Domestic – and some foreign businesses – argue Myanmar’s labor-intensive assembly factories can’t compete against costs in other regional low-cost, low-value added manufacturing destinations with…