Recession reports - PT Krakatau cuts production 20/11/2008
Jakarta Post reported that PT Krakatau Steel plans to ask most employees to stay home and to keep only one factory operational as part of its efforts to deal with the declining steel prices and demand.
Malaysia exempts manufacturers from import duties 17/11/2008
AP reported that Malaysia will remove import duties on raw materials and intermediate goods for manufacturing and ease licensing requirements to help businesses cope with the global economic slowdown.
