by Teuvo Tuomi | Jan 26, 2023 | ASEAN, Business, Economy, Southeast Asia, Vietnam
Vietnam’s Hải Phòng aims to become a regional and international logistics center due to its many advantages as a transportation hub for sea, road, air, railway, and inland waterways traffic. This objective is highlighted in the northern city’s service...
by Teuvo Tuomi | Jan 6, 2023 | ASEAN, Asia, Business, Cambodia, Economy, News, Southeast Asia, Thailand
The proposal for a joint development area (JDA) for oil and gas exploration in the overlapping claims between Thailand and Cambodia in the Gulf of Thailand has been discussed at a Thai Cabinet meeting. During the discussions, Deputy Prime Minister Gen Prawit Wongsuwan...
by Teuvo Tuomi | Dec 9, 2022 | ASEAN, Business, Economy, News, Southeast Asia
Salaries in Southeast Asia are expected to increase slightly for 2023 compared to 2022, a study by Aon plc says. Inflation has been playing a significant role in how salaries look across the region. But they have also been driven by supply and demand in the talent...
by Teuvo Tuomi | Nov 27, 2022 | Business, ASEAN, Southeast Asia, Vietnam, Visions
It’s been an unexpected and very peculiar year in Vietnam. In 2022 the stock market of Asia’s fastest-growing, most competitive, and the least-indebted country faced a total crash. In a year of excellent earnings growth, the Vietnam stock market has plummeted...
by Teuvo Tuomi | Nov 17, 2022 | ASEAN, Business, Economy, News, Southeast Asia
At the G20 Summit in Bali, the central banks of Indonesia, Malaysia, the Philippines, Singapore, and Thailand entered a memorandum of understanding to start using QR codes for international payments between the five countries, without the need to use the US dollar....
by VF | Sep 28, 2022 | Linkss, ASEAN, Business, Food & Drinks, News, Southeast Asia
Thailand’s Singapore-listed conglomerate, ThaiBev, plans to spend 5-8 billion baht next year to expand its businesses. Out of this, 1.1. billion baht would be allocated for the food business, 600-800 million for spirits, and 300-400 for non-alcoholic drinks. For...
