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RCEP and FTAs Aiding Cambodia Attract Foreign Investment: NBC

RCEP and FTAs Aiding Cambodia Attract Foreign Investment: NBC

by Teuvo Tuomi | Jul 22, 2024 | ASEAN, Business, Cambodia, Investment, News, Southeast Asia, Trade, Visions

The Regional Comprehensive Economic Partnership (RCEP) agreement and bilateral free trade agreements (FTAs) are expected to help Cambodia attract more foreign direct investment (FDIs) and boost its exports, National Bank of Cambodia’s (NBC) Governor Chea Serey...
E-Commerce in Vietnam and Thailand Grows Fastest in SEA

E-Commerce in Vietnam and Thailand Grows Fastest in SEA

by Teuvo Tuomi | Jul 21, 2024 | ASEAN, Business, Digitalization, News, Southeast Asia, Technology, Thailand, Trade, Vietnam

Vietnam and Thailand are the fastest-growing e-commerce markets in Southeast Asia, according to a new report by OpenGov Asia. The report also highlights Vietnam’s ascent past the Philippines to become the third-largest e-commerce market in the region.Last year, the...
Rayong Developers Reduce Residential Supply

Rayong Developers Reduce Residential Supply

by Teuvo Tuomi | Jul 20, 2024 | News, ASEAN, Business, Economy, Investment, Thailand, Trade, Visions

Developers in Thailand’s Rayong have been adjusting to a market slowdown by reducing the of newly launched residential supply in the first quarter of 2024. Vichai Viratkapan, acting director-general of the Real Estate Information Center (REIC), says the Rayong...
Lassi Noponen Appointed as Director General of Business Finland

Lassi Noponen Appointed as Director General of Business Finland

by Teuvo Tuomi | Jul 20, 2024 | News, Business, Economy, Finland, Innovation, Trade, Visions

Master of Laws, Master of Science Lassi Noponen has been appointed Director General of the Innovation Funding Agency Business Finland. His five-year term will start on 1 September 2024. Noponen has made a long career in corporate management and responsibility tasks....
Vietnam and the Philippines Grow Fastest in ASEAN: ADB

Vietnam and the Philippines Grow Fastest in ASEAN: ADB

by Teuvo Tuomi | Jul 19, 2024 | ASEAN, Business, Education, News, Philippines, Vietnam

The Philippines will hit its growth target this year amid easing inflation and expectations of interest rate cuts, according to the latest outlook of the Asian Development Bank (ADB). “Asian Development Outlook” expects the country’s gross domestic product (GDP)...
QRIS Made Available in More Countries: BI

QRIS Made Available in More Countries: BI

by Teuvo Tuomi | Jul 18, 2024 | ASEAN, Business, Economy, Indonesia, News, Tourism, Travel

Bank Indonesia (BI) says that the Quick Response Code Indonesian Standard (QRIS) digital payment system will be made available in more countries. According to Deputy Governor Filianingsih Hendarta, the central bank will sign agreements for the cross-border use of QRIS...
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