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Philippines Tops Women Senior Management Positions Ranking

Philippines Tops Women Senior Management Positions Ranking

by Teuvo Tuomi | Mar 17, 2024 | Malaysia, ASEAN, Business, Indonesia, Philippines, Society, Southeast Asia, Thailand

The Philippines has the highest number of women in senior management positions in the world, 43%, according to a recent Grant Thornton survey. Filipino companies have consistently ranked near the top in the surveys, including second in 2023, fourth in 2022, and first...
Majority of Cambodian Business Owners Female

Majority of Cambodian Business Owners Female

by Teuvo Tuomi | Mar 14, 2024 | Business, Cambodia, Lifestyle, News, Society

Minister of Women’s Affairs Ing Kantha Phavi says Cambodia is one of the top countries in the world when it comes to women’s involvement in business ownership. Up to 70% of the Kingdom’s businesses are female-owned, according to the 2022 Economic Census. “We are...
Lao Government Introduces Tax Regulations for E-Commerce

Lao Government Introduces Tax Regulations for E-Commerce

by Teuvo Tuomi | Feb 20, 2024 | Laos, Business, News

The Lao Ministry of Finance has announced a new regulation on mandatory tax payments for all digital shopping platforms. The ministry divides digital platform shopping websites into three groups: registered enterprises in the Value-Added Tax (VAT) system,...
Cambodia Improves Its Garment Exporter Ranking

Cambodia Improves Its Garment Exporter Ranking

by Teuvo Tuomi | Jan 24, 2024 | Cambodia, Business, News

Cambodia is moving up the ranks to become the world’s 8th largest garment exporter as per data from the World Trade Organisation. This is a big improvement from 2021 when a WTO report had pegged the country at the 11th spot. In 2021, the world’s top ten exporters were...
Srettha Urges ASEAN to Increase Minimum Wages

Srettha Urges ASEAN to Increase Minimum Wages

by Teuvo Tuomi | Jan 21, 2024 | ASEAN, Business, Economy, News, Thailand

Prime Minister Srettha Thavisin says Thailand should not continue to use low labor costs as an incentive to draw foreign investments. He also urges ASEAN countries to work together to increase their minimum wages. “The attractive points should be clean energy, good...
Vietnam Aims to Focus on AI, EV, and Semiconductor Sectors

Vietnam Aims to Focus on AI, EV, and Semiconductor Sectors

by Teuvo Tuomi | Jan 20, 2024 | Business, Technology, Vietnam, Visions

After two years of implementing the National Strategy on Research, Development, and Application of AI, Vietnam has risen seven places in the global AI readiness index, ranking 55th out of 181 countries. The country has successfully created a conducive environment for...
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