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January 18, 2006

Tax breaks to push industry growth to 15%

The local printing industry is expected to grow strongly this year by 15% as opposed to 5% to 10% last year due to a waiver of import tariffs on 100 items including paper, machinery, ink, printing moulds and magazines, according to the Thai Printing Association.The tax breaks approved by the cabinet at the end of last year would not only cut the industry’s production costs by 5% to 10% but would

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