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...
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,...
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...
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...
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...
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...
