by Teuvo Tuomi | Sep 20, 2024 | Investment, Business, Environment, Malaysia, News
Malaysia has announced tax breaks and incentives for the troubled Forest City development, a $100 billion project backed by Chinese developer Country Garden Holdings. Forest City is a joint venture between the Country Garden and a private Malaysian company backed by...
by Teuvo Tuomi | Sep 20, 2024 | Thailand, Digitalization, Economy, News, Travel
The Government of Thailand is promoting its new Destination Thailand Visa (DTV) to attract foreign nationals who wish to work while traveling in the country, according to Foreign Affairs Minister Maris Sangiampongsa. The DTV is...
by Teuvo Tuomi | Sep 19, 2024 | Vietnam, Infrastructure, News, Trade, Transportation
Foreign investors are concerned about the logistics infrastructure in Ho Chi Minh City, including congestion near the airport, seaports and on expressways Tran Anh Duc, co-head of the city’s investment & trade working group, admits that foreign business...
by Teuvo Tuomi | Sep 19, 2024 | Thailand, Economy, News, Society
Thailand’s cabinet has approved the digital wallet scheme, under which 14.5 million vulnerable and disabled Thais will be the first to receive the 10,000 baht cash benefit. The money will be wired into their bank accounts between 25-30 September, Finance...
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...
