by Teuvo Tuomi | Apr 3, 2023 | Indonesia, ASEAN, Economy, EU, News
Indonesian Finance Minister Sri Mulyani has held a bilateral meeting with delegates of the European Union ASEAN Business Council (EU ABC). Vice Chairman of EU ABC Tassilo Brinzer was accompanied by 13 members coming from Swiss Re, Standard Chartered, HSBC, Prudential...
by Teuvo Tuomi | Apr 1, 2023 | ASEAN, Cambodia, Environment, Laos, Southeast Asia, Thailand, Vietnam
Transnational data sharing is a necessary element in the successful handling of water-related climate change issues, as it is a means of integrated water resources management. Since 2001, ministerial delegates of the Mekong River Commission (MRC) have adopted a set of...
by Teuvo Tuomi | Mar 27, 2023 | Cambodia, ASEAN, Environment, Lifestyle, Southeast Asia
Residents in Cambodia’s capital Phnom Penh have been facing water shortages for the past few days due to insufficient water supply and high demand. In some areas, the water shortage has been going on for weeks. The affected suburbs are Svay Pak, Kork Roka,...
by Teuvo Tuomi | Mar 16, 2023 | ASEAN, Asia, Economy, Environment, Japan, Southeast Asia
Japan plans to apply for ASEAN comprehensive strategic partnership (CSP) status, to commemorate the 50th anniversary of Japan and ASEAN Relations. Japan had already submitted a concept paper to the ASEAN Secretariat about its upcoming plan regarding the application...
by Teuvo Tuomi | Mar 11, 2023 | ASEAN, Business, Economy, Southeast Asia
With the exception of Thailand, the five largest economies in Southeast Asia (ASEAN-5) will show lower growth this year. The main reasons for this are tight financial conditions and weak external demand, according to Atradius. Growth of private consumption and...
by Teuvo Tuomi | Mar 5, 2023 | ASEAN, Business, Economy, Southeast Asia, Technology
According to the Asian Development Bank (ADB) and the International Monetary Fund (IMF), the Southeast Asian (SEA) economy is forecasted to grow by 4.7% in 2023, much faster than the global average of 2.7%. Some reports even suggest that ASEAN is on track to become...