by Teuvo Tuomi | Jan 7, 2024 | China, News, Thailand, Travel
The recent visa exemption agreement between Thailand and China should provide opportunities for new routes and increased flight frequencies. The Tourism Authority of Thailand (TAT) anticipates that this will boost tourism recovery. TAT expects an influx of 8 million...
by Teuvo Tuomi | Jan 6, 2024 | Cambodia, Laos, Lifestyle, Myanmar
As Thailand’s population gets older, it needs more and more foreign workers from neighboring countries. Thailand has already taken steps to facilitate new laborers. For workers under a memorandum of understanding (MoU) between the Thai government and Laos, Myanmar,...
by Teuvo Tuomi | Jan 5, 2024 | Economy, Malaysia, News
Malaysia’s new sales tax on cheap items bought online from overseas merchants has drawn mixed reactions, with local sellers saying they welcomed the fairer competition while others raised concerns that the higher prices would burden the poor. Malaysia began imposing a...
by Teuvo Tuomi | Jan 5, 2024 | Business, Economy, Indonesia, News
Despite some good news, Indonesia’s economy still took a hit from weaker global demand last year, leading to almost 300,000 workers being laid off in export-oriented industries. The Manpower Ministry recorded that almost 300,000 people were laid off from January to...
by Teuvo Tuomi | Jan 4, 2024 | Business, News, Philippines
The Philippine Stock Exchange Index (PSEi) rebounded over 100 points on Thursday as domestic and foreign investors bought up blue-chip stocks a day after a glitch halted trading for a few hours due to an unexplained “technical issue.” By the closing bell, the PSEi...