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January 2025: Malaysia Chairs ASEAN, Singapore Hikes Corporate Tax

January 2025: Malaysia Chairs ASEAN, Singapore Hikes Corporate Tax

by Teuvo Tuomi | Dec 31, 2024 | ASEAN, Asia, Business, Economy, Indonesia, Malaysia, News, Singapore, Thailand

We all hope that 2025 will start on a positive note. Here are some of the main regional topics for the January 2025, listed by Nikkei Asia: Malaysia takes up ASEAN chair Malaysia takes up the rotating chair of the Association of Southeast Asian Nations (ASEAN) as...
Vietnam Is Finland’s Key Partner in SEA: Stubb

Vietnam Is Finland’s Key Partner in SEA: Stubb

by Teuvo Tuomi | Dec 2, 2024 | Business, ASEAN, Finland, News, Southeast Asia, Trade, Vietnam

During his recent visit to Finland, Vietnam’s Deputy Prime Minister Tran Hong Ha met with Finnish President Alexander Stubb and held talks with Finnish Deputy Prime Minister and Minister of Finance Rikka Purra. During the discussions, President Stubb and Deputy...
Jintana Herb Sauna – A Success Story of Blending Thai and Finnish Sauna Culture

Jintana Herb Sauna – A Success Story of Blending Thai and Finnish Sauna Culture

by Jukka-Pekka Karppanen | Nov 27, 2024 | Health, ASEAN, Finland, Hua Hin, Innovation, Investment, Partners, Thailand, Visions

In just five years, Jintana Herb Sauna has become one of Thailand’s premier sauna and wellness brands, offering a unique combination of traditional Finnish sauna culture and Thailand’s revered herbal sauna practices. Founded by Finnish entrepreneur Erkki...
SEA’s IPO Offerings in 2024 Send Mixed Signals

SEA’s IPO Offerings in 2024 Send Mixed Signals

by Teuvo Tuomi | Nov 23, 2024 | ASEAN, Business, Economy, Indonesia, Investment, Malaysia, News, Southeast Asia

Despite funds raised through initial public offerings (IPO) in South-east Asia have fallen to a nine-year low, the region’s capital markets seem to remain optimistic. There have been 122 IPOs in 2024 so far on the region’s key stock exchanges, comprising Singapore,...
Asia Pacific Leads in Noncash Transactions

Asia Pacific Leads in Noncash Transactions

by Teuvo Tuomi | Nov 21, 2024 | ASEAN, Asia, Banking, Business, Digitalization, Economy, Technology

Capgemini projects instant payments accounting for 22% of noncash transactions by 2028, the Standard Charters research institute reports. The Asia Pacific region is leading this trend with a 20% year-on-year increase in noncash transactions, outpacing growth in Europe...
SEA’s Digital Economy Totals 122 Billion USD in 2024

SEA’s Digital Economy Totals 122 Billion USD in 2024

by Teuvo Tuomi | Nov 17, 2024 | ASEAN, Digitalization, Economy, News, Reports, Southeast Asia

Southeast Asia’s digital economy will be worth US$122 billion in 2024, according to the e-Conomy SEA 2024 report. This comprises digital financial services, e-commerce, travel, online media, food, and transport. Digital economy revenue for 2023 was US$78 billion in...
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