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Guide to Hiring in Indonesia Available

Guide to Hiring in Indonesia Available

by Teuvo Tuomi | Sep 22, 2024 | Indonesia, Business, Reports, Society

Hiring in Indonesia requires some knowledge. With over 130 million people in the workforce, Indonesia is one of the largest labor markets in Southeast Asia. The population is predominantly young, providing a pool of potential employees. Most of the Indonesians are...
Chinese Stocks Rally After Fed Rate Cut

Chinese Stocks Rally After Fed Rate Cut

by Teuvo Tuomi | Sep 21, 2024 | China, Business, Economy, News

The Shanghai Composite Index, a benchmark of Chinese A shares, went up 0.69% to close at 2,736.02 points on Thursday, amid a wider rebound of emerging market stocks. Following the trend, the MSCI index for emerging markets surged 1.09% on Thursday evening. Meanwhile,...
Malaysia Offers Incentives for Embattled Forest City

Malaysia Offers Incentives for Embattled Forest City

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...
ASEAN Seeks Further Foreign Investment

ASEAN Seeks Further Foreign Investment

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...
ASEAN Free Trade Spurs Rapid Growth

ASEAN Free Trade Spurs Rapid Growth

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...
Rapidly Growing Hai Phong Keen to Collaborate with Finnish Businesses

Rapidly Growing Hai Phong Keen to Collaborate with Finnish Businesses

by Teuvo Tuomi | Sep 17, 2024 | News, Business, Finland, Sustainability, Trade, Vietnam

The Vietnamese Embassy in Finland, in cooperation with the Finland-Southeast Asia Business Association and the Hai Phong City People’s Committee, organized an event to promote investment, trade, and business connections in Helsinki on 9 September. The Vice President...
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