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Indonesia Receives Bulk of China’s Regional Investments

Indonesia Receives Bulk of China’s Regional Investments

by Teuvo Tuomi | Jun 7, 2024 | ASEAN, Asia, Business, China, Indonesia, Investment, Reports, Southeast Asia, Technology

In 2023, Southeast Asia received around 50% of China’s regional investments, marking a 27% increase from the previous year. Indonesia emerged as the leading recipient of these funds, attracting approximately US$7.3 billion. During a bilateral meeting at the Merdeka...
SuperPark Opens Second Branch in the Philippines

SuperPark Opens Second Branch in the Philippines

by Teuvo Tuomi | Jun 7, 2024 | Technology, Business, Entertainment, Lifestyle, Manufacturing, News, Philippines

The Finnish indoor playground SuperPark is launching its second branch in Taguig, the Philippines. The first branch by the Finnish company SuperPark in October 2023 became a huge success, according to Graham Coates, first vice president and head of Megaworld Lifestyle...
Cambodia and Finland Continue Strengthening Socio-Economic Ties: Ambassador Järviaho

Cambodia and Finland Continue Strengthening Socio-Economic Ties: Ambassador Järviaho

by Teuvo Tuomi | Jun 5, 2024 | Cambodia, Business, Education, Finland, News, Trade, Visions

In a farewell call with Cambodian Prime Minister Hun Manet on 4 June at the Peace Palace, outgoing Finnish Ambassador to Cambodia Jyri Järviaho informed the premier that, during his four-year diplomatic mission in Cambodia, he had witnessed the strengthening and...
Vietnam Among Startup Leaders in Southeast Asia

Vietnam Among Startup Leaders in Southeast Asia

by Teuvo Tuomi | Jun 5, 2024 | News, Business, Innovation, Investment, Technology, Vietnam

According to statistics from the National Agency for Technology Entrepreneurship and Commercialisation Development, Vietnam has currently about 3,800 startups. 11 of these are valued at over US$100 million, and three start-ups are valued at over $1 billion, including...
Vietnam’s Industrial Production Surges

Vietnam’s Industrial Production Surges

by Teuvo Tuomi | Jun 2, 2024 | Economy, Business, Manufacturing, News, Vietnam

Vietnam’s industrial production index (IIP) grew by 3.9% over April and 8.9% compared to the same period last year, according to the General Statistics Office (GSO). The GSO said the IIP in the first five months soared 6.8% year-on-year. The manufacturing and...
China’s Economic Growth Remains Resilient: IMF

China’s Economic Growth Remains Resilient: IMF

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...
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