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Finns Should See EEC as a Gateway to ASEAN

Finns Should See EEC as a Gateway to ASEAN

by Teuvo Tuomi | Jan 19, 2024 | Finland, Business, Thailand, Visions

EEC (Eastern Economic Corridor) is a special economic zone located in Thailand. The Eastern Economic Corridor is a development project initiated by the Thai government to promote economic growth and investment in the eastern part of the country. The EEC encompasses...
Laos Starts Digital Business Registration

Laos Starts Digital Business Registration

by Teuvo Tuomi | Jan 18, 2024 | Economy, Business, Laos, News

The Lao government has approved a new regulation set to slash the registration time for new businesses from 10 to 3 days. Approved by the Minister of Industry and Commerce, Malaythong Kommasith, this new regulation is poised to streamline the business registration...
Special Report: Vietnam’s Logistics Sector Growing Fast

Special Report: Vietnam’s Logistics Sector Growing Fast

by Teuvo Tuomi | Jan 17, 2024 | Visions, Business, Economy, Technology, Vietnam

Vietnam’s GDP is around USD 366 billion, with an annual growth rate of 4.6%. Vietnam’s logistics sector is growing even faster, fuelled by a range of factors, and poised to ensure the country becomes a significant logistics hub for Southeast Asia. Vietnam has been one...
China Records Over 4 Million Domestic Invention Patents

China Records Over 4 Million Domestic Invention Patents

by Teuvo Tuomi | Jan 16, 2024 | China, Business, News, Technology

China owned about 4.02 million domestic valid invention patents by the end of 2023. This is up 22.4% year-on-year, making it the first country in the world to hold this many patents, the National Intellectual Property Administration (NIPA) reports. “High-value...
Cambodia’s Agriculture Exports Decrease

Cambodia’s Agriculture Exports Decrease

by Teuvo Tuomi | Jan 9, 2024 | Cambodia, Business, Environment, News

For 2023, Cambodia exported almost 8.5 million tonnes of agricultural products, a decrease of 1.9% compared to 2022. The exports generated over 4.3 billion US dollars, with shipments of milled rice valued at over $567 million, unmilled paddy rice at $939 million, and...
Lay-offs Hit Indonesia’s Export Industries

Lay-offs Hit Indonesia’s Export Industries

by Teuvo Tuomi | Jan 5, 2024 | Business, Economy, Indonesia, News

Despite some good news, Indonesia’s economy still took a hit from weaker global demand last year, leading to almost 300,000 workers being laid off in export-oriented industries. The Manpower Ministry recorded that almost 300,000 people were laid off from January to...
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