by Teuvo Tuomi | Apr 22, 2023 | Cambodia, ASEAN, Business, Environment, News, Southeast Asia
The Construction of Siem Reap Angkor International Airport and Yunnan Air investment Cambodia Airport management confirm the flight trials at the Siem Reap-Angkor International Airport will start by mid-May. According to the officials, the construction of the Siem...
by Teuvo Tuomi | Apr 6, 2023 | ASEAN, Business, Economy, News, Southeast Asia
The decision by Southeast Asian countries to use local currencies in intraregional trade will help reduce external risks because it will lessen dependence on international currencies such as the US dollar, experts say. Members of the Association of Southeast Asian...
by Teuvo Tuomi | Apr 5, 2023 | ASEAN, Business, Economy, EU, Singapore, Southeast Asia
Singapore and the EU have signed a digital trade agreement, making it the fifth of its kind signed by the city-state. The agreement promotes interoperability between digital systems to encourage more seamless cross-border data flows as well as develops an open and...
by Teuvo Tuomi | Apr 4, 2023 | Asia, Business, Economy, News
According to Asian Development Bank (ADB), growth in developing Asia will be 4.8% this year and the next. This is up from 4.2% in 2022. The People’s Republic of China’s (PRC) recovery and healthy domestic demand in India will be the region’s main growth...
by Teuvo Tuomi | Mar 26, 2023 | Business, Finland, Lifestyle, News, Singapore, Southeast Asia, Thailand
Tanachira Retail Corporation, the importer and distributor of the Finnish fashion icon Marimekko and some other major brands is planning to have its initial public offering (IPO) with Thailand’s Securities and Exchange Commission next month. Tanachira’s...
by Teuvo Tuomi | Mar 20, 2023 | Philippines, Business, Economy, News
The external debt of the Philippines rose by 4.5% and hit a record high of $111.27 billion last year, as both the national government and the private sector borrowed more from offshore creditors, according to the Bangko Sentral ng Pilipinas. BSP Governor Felipe...
