Added profits seen for Asean


KUALA LUMPUR: The top five economies in the region can earn added profits of approximately US$15bil if the companies implement a marginal price increase of 2%.

In a statement, Simon-Kucher & Partners managing director, Dr Jochen Krauss, said based on Asean Pricing Stress Test 2013, the companies in Asean were losing out by focusing solely on cost-cutting. – Bernama

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