by Teuvo Tuomi | Jan 21, 2023 | Asia, Entertainment, Lifestyle, News
Amid economic concerns, many Asians spare no expense to celebrate the ongoing Lunar New Year. But across the region, there are also many others who mull cost-cutting measures for festivities. Find out more about the ongoing festivities all over Asia HERE.
by Teuvo Tuomi | Jan 20, 2023 | ASEAN, Economy, News, Vietnam
The State Bank of Vietnam (SBV) says it will keep monetary policy flexible to ensure inflation does not exceed 4.5% in 2023. According to SBV, its credit growth quota for this year will be 14-15%, adding that its aim is to ensure liquidity for all lenders. It also...
by Teuvo Tuomi | Jan 7, 2023 | ASEAN, Economy, Laos, News, Southeast Asia
Inflation in Laos skyrocketed to 39.27% in December. This is the highest of the year and up from November’s 38.46%, according to the Lao Statistics Bureau (LSB). Food and non-alcoholic beverage prices rose by about 45% last month, while healthcare equipment and...
by Teuvo Tuomi | Jan 6, 2023 | ASEAN, Asia, Business, Cambodia, Economy, News, Southeast Asia, Thailand
The proposal for a joint development area (JDA) for oil and gas exploration in the overlapping claims between Thailand and Cambodia in the Gulf of Thailand has been discussed at a Thai Cabinet meeting. During the discussions, Deputy Prime Minister Gen Prawit Wongsuwan...
by Teuvo Tuomi | Dec 30, 2022 | Linkss, ASEAN, Economy, News, Southeast Asia, Vietnam
Vietnam’s economy grew by 8% this year. According to the General Statistics Office of Vietnam (GSO), this is the biggest rise since 2011. Manufacturing, construction, and processing were major economic drivers at 8.1%, contributing over 38% to the total GDP. The...
