by VF | Jun 28, 2022 | Linkss, Asia, Business, Economy, News
Central banks in Asia are tapping into their stockpiles to bolster their weakening currencies against the rising US dollar. Thai reserves have slid to $221 billion as of mid-June. That is the lowest in more than two years. Monthly figures show that Indonesia’s stash...
by VF | Jun 27, 2022 | Asia, ASEAN, Business, Environment, Southeast Asia
The Indian and Lao governments have launched a project to build the Nam Xang storage dam and irrigation system in Kaenthao district, Xayaboury province. The project is funded by a loan of US$14.7 million from the EXIM Bank of India and will run for 24 months. An...
by Teuvo Tuomi | Jun 15, 2022 | ASEAN, Asia, Business, News, Southeast Asia, Technology
Laos intends to gradually replace its transportation system with electric vehicles in order to reduce fuel imports. Electric vehicles are predicted to account for 1% of all automobiles in Laos by 2025, and over 30% by 2030, according to Prime Minister Phankham...
by VF | Jun 10, 2022 | Linkss, ASEAN, Business, Environment, Southeast Asia, Technology
The project will be undertaken by Terra Solar Philippines, a unit of Terra Renewables Holdings Inc. It is a renewable power subsidiary under Prime Infra’s control and in partnership with Solar Philippines Power Project Holdings Inc. Razon’s infrastructure arm Prime...
by VF | Jun 1, 2022 | Linkss, ASEAN, Asia, Business, Environment, Finland, Lifestyle, Travel
Indonesia and Vietnam have posted improvements on the latest Travel and Tourism Development Index. Indonesia has climbed to second place in Southeast Asia, jumping from 44th to 32nd, whereas Vietnam has moved up from 60th to 52nd. One of the biggest travel...
by VF | Apr 29, 2022 | Linkss, ASEAN, Asia, Business, Travel
International airline bookings to Southeast Asia reached 38% of pre-pandemic levels by late March, according to travel firm ForwardKeys. They were at less than 10% of 2019 levels at the start of the year. Singapore and the Philippines lead a sharp uptick in bookings....
