by Teuvo Tuomi | Sep 18, 2024 | ASEAN, Business, Economy, Investment, News, Southeast Asia
ASEAN’s economic growth was 4.1% in 2023. This is expected to increase to 4.6% in 2024. Investment in ASEAN increased only by 0.3% from US$229 billion in 2022 to US$230 billion in 2023. Another important measure is that the value of trade in ASEAN products actually...
by Teuvo Tuomi | Sep 18, 2024 | ASEAN, Climate, Lifestyle, News, Reports, Southeast Asia, Weather
In Southeast Asia, the proportion of those who see climate change as a serious and immediate threat has dropped to 42.5% in 2024, according to the latest Southeast Asia Climate Outlook Survey by the ISEAS – Yusof Ishak Institute. This is down from 49.4% in 2023, 45.8%...
by Teuvo Tuomi | Sep 17, 2024 | ASEAN, Business, Economy, News, Southeast Asia, Trade
Trading among ASEAN countries has increased significantly since the ASEAN Free Trade Area was established in 1992. The value of inter-ASEAN trade reached US$759 billion in 2023, accounting for 21.5% of the total trade value by the member countries. Laos’ Minister of...
by Teuvo Tuomi | Sep 6, 2024 | ASEAN, Innovation, Manufacturing, News, Singapore, Southeast Asia, Technology, Thailand, Vietnam
Singapore, Vietnam and Thailand aim to become a regional leader in the semiconductor manufacturing industry while the demands of artificial intelligence technology and electric vehicles are increasing. Singapore is expanding its decades-long domination in the...
by Teuvo Tuomi | Sep 5, 2024 | ASEAN
Married Thai men are the most unfaithful in the world. A whopping 56% of them are cheating on their spouses, according to the World of Statistics. The percentage of cheating married men by dejected countries: Thailand 56% Denmark 46% Sweden 32% Japan 31% Norway 28%...
by Teuvo Tuomi | Sep 4, 2024 | Reports, ASEAN, Lifestyle, News, Society, Southeast Asia
The super rich in Southeast Asia are more worried that a lack of succession planning could lead to family disputes than those who are well-heeled in other regions, according to life insurer Transamerica Life Bermuda. 129 high net worth (HNW) advisers say that 41%...