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Jakarta. Asia Pacific Rayon, or APR, is one of the largest integrated producers of viscose-rayon in Asia. The sustainably-produced fibre is commonly used in outerwear—from casual shirts to coats—and now the company wants it to be used in haute couture as well. It also believes that the increasingly
Starting next month, China's massive reduction of value-added tax will take effect, with manufacturing sector VAT dropping by 3 percentage points from the current 16 percent, to lower burdens on enterprises and boost the real economy.Transport and other sectors will pay 9 percent in VAT, instead of
