by Teuvo Tuomi | Feb 23, 2025 | Finland, Indonesia, Infrastructure, News
Basuki Hadimuljono, Head of the Nusantara Authority, proposes providing free land for foreign embassies in East Kalimantan, where Indonesia’s new national capital will be located. Basuki clarifies that final approval rests with President Prabowo Subianto. “I will...
by Teuvo Tuomi | Feb 20, 2025 | Business, Economy, Manufacturing, News, Thailand
Thailand’s factory closures are accelerating nationwide. For the past two years, an average of at least 100 businesses have shuttered their doors each month, according to data from the Kasikorn Research Center (KResearch). The forecasts suggest closures will continue...
by Teuvo Tuomi | Feb 18, 2025 | Business, Economy, News, Thailand
Gross domestic product expanded by 2.5%, the Office of the National Economic and Social Development Council (NESDC) said. This is lower than the 2.7% forecast as the manufacturing and agriculture sectors contracted. The figures come after the current government...
by Teuvo Tuomi | Feb 17, 2025 | Economy, Exports, News, Vietnam
According to the Vietnam Food Association, paddy prices have decreased by 40-50% year-on-year to VND5,400-9,500 (US$0.2-0.37) per kilogram, depending on the variety. Meanwhile, the export price of Vietnam’s 5% broken rice was at $395 per ton on 14 February, the...
by Teuvo Tuomi | Feb 15, 2025 | ASEAN
Several tech companies, including Google and TikTok, are willing to work with the Indonesian government in creating a safe digital environment for children, following the plan to impose age restrictions on social media. President Prabowo Subianto’s initiative has been...
