by Teuvo Tuomi | Oct 7, 2024 | ASEAN
Thailand’s former red-shirt leader Jatuporn Prompan has vowed to lead protesters on the streets again if the Pheu Thai-led government legalizes casinos and allows foreign investors to lease land for 99 years. Jatuporn, a former leader of the United Front for...
by Teuvo Tuomi | Oct 5, 2024 | ASEAN, Asia, Economy, News, Reports
This year’s growth forecast for the ASEAN plus three economies – including also China and Hong Kong, Japan and South Korea – has weakened from 4.4% to 4.2%, according to the Asean+3 Macroeconomic Research Office (Amro). Amro has revised its 2024 growth expectations...
by Teuvo Tuomi | Oct 2, 2024 | ASEAN
A total of 26,019 Thai businesses across four sectors – tourism and related companies, real estate and land trading, hotels and resorts, and logistics and transportation – have been identified as potentially involving Thai nationals holding shares on behalf of...
by Teuvo Tuomi | Sep 27, 2024 | ASEAN, Business, News, Thailand
Thailand fell three places from 2022 to 12th among Asia-Pacific nations in terms of ease of doing business, according to a survey by the Asia Securities Industry and Financial Markets Association (ASIFMA). Among the 13 economies ranked last year, Singapore was the...
by Teuvo Tuomi | Sep 24, 2024 | ASEAN, China, News, Trade
Thailand’s inflation is not a major concern as China is currently “exporting deflation” globally, according to Supavud Saicheua, chairman of the NESDC. He adds that as a small country, geopolitical problems will affect Thailand. Mr Supavud says that...
by Teuvo Tuomi | Sep 23, 2024 | News, ASEAN, Cambodia
In a surprising move, the Cambodian government says it will withdraw from the Cambodia-Laos-Vietnam Development Triangle Area (CLV-DTA) agreement. Cambodia’s leaders Prime Minister Hun Manet and former Prime Minister Hun Sen explain that the move is aimed to disarm...