by Teuvo Tuomi | May 30, 2024 | China, Business, Economy, News, Reports
China’s economy is expected to achieve a resilient growth of 5% this year, faster than previous projections. However, according to the International Monetary Fund (IMF), the country still needs to scale up property sector support and monetary easing as downside...
by Teuvo Tuomi | May 29, 2024 | Business, Economy, News, Society, Thailand, Visions
Raising the daily minimum wage to 400 baht is one of the flagship policies of the current Thai government, vowing to deliver this policy by this October. However, several organizations have been worried about the negative impacts of this move. In an interview with...
by Teuvo Tuomi | May 29, 2024 | Economy, Business, Health, News, Vietnam
After record profits in 2023, Vietnam’s pharmaceutical industry is facing limitations in 2024 due to rising raw material costs and increased market competition. SSI Securities Corporation forecasts pharmaceutical profit growth of 8.4% in 2024, lower than the...
by Teuvo Tuomi | May 27, 2024 | Business, Economy, Infrastructure, Investment, News, Thailand, Tourism
In the first quarter of this year, major real estate conglomerates have invested over 56 billion baht into projects in Phuket, Pattaya, and Hua Hin. Prasert Taedullayasatit, president of the Thai Condominium Association, describes the status of the real estate...
by Teuvo Tuomi | May 26, 2024 | Business, ASEAN, China, Economy, News, Southeast Asia, Technology, Trade
Solar products made by Chinese companies’ overseas units or joint ventures are the target of a new round of US investigation into allegations that imports from Cambodia, Malaysia, Thailand, and Vietnam are unfairly subsidized and priced low. Several US solar...
by Teuvo Tuomi | May 24, 2024 | Business, Digitalization, Finland, Indonesia, News, Technology
Communication and Informatics Minister Budi Arie Setiadi says that the governments of Indonesia and Finland are exploring cooperation opportunities in three fields. “The Finnish Government wants to co-operate with the Indonesian Government for three things. The...
