by Teuvo Tuomi | Apr 8, 2024 | Singapore, ASEAN, Business
Despite a downturn in funding, Singapore was Southeast Asia’s top startup investment destination in 2023, according to a new report. In 2023, startups based in the country accounted for 63.7% of all equity deals in the ASEAN-6 group of nations, including...
by Teuvo Tuomi | Apr 4, 2024 | Business, ASEAN, News, Reports, Southeast Asia
There are now more billionaires than ever: 2,781, 141 more than last year, and 26 more than the record set in 2021. The lone Southeast Asians among the top 100 wealthiest are all Indonesians. Brothers R. Budi (71st) and Michael Hartono (76th) retain their top spot...
by Teuvo Tuomi | Apr 2, 2024 | Business, Digitalization, Economy, Indonesia, Reports, Technology, Visions
Indonesia, the world’s fourth most populous nation and the largest economy in Southeast Asia, is being recognized as a leader in fintech development and innovation. The country has become home to a diverse range of fintech startups, including several that offer...
by Teuvo Tuomi | Mar 31, 2024 | Laos, Business, Food & Drinks, News, Thailand
The fourth 7-Eleven branch in Laos has opened in Pakse, just six months after opening the first branch. 7-Eleven offers Laotians a well-curated selection of popular products, especially ready-to-eat food, fresh bakery items, and freshly brewed coffee. In addition,...
by Teuvo Tuomi | Mar 29, 2024 | Cambodia, Business, Economy, Technology, Visions
The National Bank of Cambodia (NBC) is actively promoting a cashless future for the country. The National Bank of Cambodia has developed payment systems and digital societies through the development of the KHQR Standard System (KHQR) and the Cambodian Securities...
by Teuvo Tuomi | Mar 29, 2024 | Vietnam, Business, Economy, News
Vietnam’s GDP grew by 5.66% in the first quarter, the highest rate for the period since 2020, according to the General Statistics Office. Industry and construction grew at 6.28% and accounted for 35.7% of the GDP. Following close behind was the services sector...
