by Teuvo Tuomi | Feb 23, 2023 | ASEAN, Business, Economy, News, Singapore, Southeast Asia
Singapore’s key consumer prices rose 5.5% in January, faster than the preceding month but slightly below forecast, official data shows. A Reuters poll of economists had forecast a 5.6% increase in January. The core inflation rate is higher than the 5.3% seen in...
by Teuvo Tuomi | Feb 16, 2023 | ASEAN, Indonesia, News
As the chair of ASEAN this year, Indonesia is preparing a road map to support the full membership of the Democratic Republic of Timor Leste in the regional association. Indonesian President Joko Widodo (Jokowi) made the announcement in a joint statement issued with...
by Teuvo Tuomi | Feb 14, 2023 | ASEAN, Economy, Malaysia, News, Southeast Asia
Malaysia has no plans to reintroduce a goods and services tax (GST) or any other broad-based consumption tax, Prime Minister Anwar Ibrahim says. The government will instead look to reduce subsidies enjoyed by the wealthy. Malaysia offers subsidies to all citizens,...
by Teuvo Tuomi | Feb 11, 2023 | ASEAN, Entertainment, Lifestyle, Southeast Asia, Sports, Thailand
The DP World Tour will finally return to Thailand. After a four-year absence, the DP World Tour will kick off its new Thailand Classic event from 16-19 February, hosted by the Amata Spring Country Club in Chonburi. The DP World Tour is the main men’s professional golf...
by Teuvo Tuomi | Feb 9, 2023 | ASEAN, Business, Economy, Vietnam
Vietnam has been rising as a manufacturing powerhouse. It also had an 8.02% GDP growth in 2022. Still, layoffs among garment, footwear, and woodworkers have been all too common in recent months. Even as the country enjoys a wave of foreign direct investment (FDI) from...
by Teuvo Tuomi | Feb 5, 2023 | ASEAN, Education, Myanmar, News, Southeast Asia, Thailand
Thai universities are seeing a tenfold increase in the enrollment of students from Myanmar. One example is Rangsit University which has roughly 1,000 Myanmar nationals enrolled in its international courses during the current academic year. Currently, the most popular...