by VF | Sep 3, 2022 | ASEAN, Asia, Business, Economy, Southeast Asia, Technology
The first set of Chinese-made train cars for Indonesia’s high-speed railway has arrived in Jakarta. The 142.3-kilometer (88.4-mile) railway worth $5.5 billion is being constructed by PT Kereta Cepat Indonesia-China, a joint venture between an Indonesian consortium of...
by VF | Aug 16, 2022 | ASEAN, Business, Economy, Southeast Asia, Travel
Southeast Asia relies heavily on tourism. That’s why, following the easing of coronavirus-related entry restrictions, many LCCs in the region have announced a major step-up in-flight service. New airlines are emerging, too. In Indonesia last year, Super Air Jet...
by VF | Aug 9, 2022 | Linkss, ASEAN, Asia, Business, Economy, News
Thailand will host the APEC leadership summit on 18-19 November under the theme of “Open, Connect, Balance.” The top issues at the summit are promoting sustainable and inclusive economic growth, facilitating trade and investment, and the post-pandemic rehabilitation...
by VF | Jul 22, 2022 | Linkss, Asia, Business, Economy, News
After having a tight monetary policy for a year, Asian central banks are suddenly forced to rethink their monetary policy in order to tackle rising inflation and defend weakening currencies. Singapore and the Philippines surprised markets with unscheduled tightening...
by VF | Jul 17, 2022 | ASEAN, Business, Economy, News, Southeast Asia
Indonesia has temporarily scrapped its export levy for all palm oil products until the end of August in an attempt to boost exports and ease high inventories, finance ministry officials say. The decision by the world’s biggest palm oil exporter could further depress...
by VF | Jul 11, 2022 | ASEAN, Asia, Business, News, Technology
5G connections in Asia-Pacific are expected to increase fourfold from this year’s level to 400 million in 2025. At the same time, the industry’s consolidation and the metaverse are gathering momentum in the region, according to a report by the GSM...
