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Thai Cabinet Greenlights Bid to Join BRICS

Thai Cabinet Greenlights Bid to Join BRICS

by Teuvo Tuomi | Jun 1, 2024 | ASEAN, Economy, News, Southeast Asia, Thailand, Trade

The Thai cabinet has approved the country’s bid to join the BRICS group. This would make it the first Southeast Asian country to join the bloc. Currently, the BRICS has ten members, including Brazil, Russia, India, China, and South Africa. BRICS expansion is...
Growing Elderly Population Challenges Developing Asia: ADB

Growing Elderly Population Challenges Developing Asia: ADB

by Teuvo Tuomi | May 28, 2024 | ASEAN, Asia, Lifestyle, Reports, Southeast Asia

The Asian Development Bank (ADB) reports that the developing nations of Asia and the Pacific are ill-equipped to meet the needs of their rapidly aging populations. The region’s growing elderly population faces numerous challenges, including low pension coverage,...
Shipping Remains Risky in Southeast Asia

Shipping Remains Risky in Southeast Asia

by Teuvo Tuomi | May 27, 2024 | ASEAN, Economy, News, Shipping, Southeast Asia, Trade

Almost a third of the vessels that were lost at sea last year were in the vicinity of the Philippines and other parts of Asia where high volumes of shipments pass through, according to global underwriter Allianz Global Corporate & Specialty (AGCS). The Safety and...
Chinese SEA-Made Panels Targeted

Chinese SEA-Made Panels Targeted

by Teuvo Tuomi | May 26, 2024 | Business, ASEAN, China, Economy, News, Southeast Asia, Technology, Trade

Solar products made by Chinese companies’ overseas units or joint ventures are the target of a new round of US investigation into allegations that imports from Cambodia, Malaysia, Thailand, and Vietnam are unfairly subsidized and priced low. Several US solar...
NESDC Proposes Support for Thai Influencers

NESDC Proposes Support for Thai Influencers

by Teuvo Tuomi | May 26, 2024 | ASEAN, Culture, Lifestyle, News, Society, Southeast Asia, Thailand

Thailand’s National Economic and Social Development Council (NESDC) wants the Thai government to set up a registration system for Thai influencers and issue supportive policies for people in this occupation, including providing skills training and other...
BOT Promotes Interoperable Digital Payment Systems

BOT Promotes Interoperable Digital Payment Systems

by Teuvo Tuomi | May 22, 2024 | ASEAN, China, Digitalization, Lifestyle, News, Technology, Thailand

The Bank of Thailand (BOT) is accelerating its efforts to expand the digital payments ecosystem, aiming to make transactions more accessible and convenient for both Thai citizens and foreign visitors. A key focus of the BOT‘s initiative is the establishment of...
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