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Asia Pacific Leads in Noncash Transactions

Asia Pacific Leads in Noncash Transactions

by Teuvo Tuomi | Nov 21, 2024 | ASEAN, Asia, Banking, Business, Digitalization, Economy, Technology

Capgemini projects instant payments accounting for 22% of noncash transactions by 2028, the Standard Charters research institute reports. The Asia Pacific region is leading this trend with a 20% year-on-year increase in noncash transactions, outpacing growth in Europe...
China Plus One Strategy

China Plus One Strategy

by Jukka-Pekka Karppanen | Nov 14, 2024 | China, ASEAN, Asia, Business, Economy, Investment, Manufacturing, Partners

China Plus One Strategy Leveraging ASEAN for Resilient Growth and Strategic Advantage Amid trade wars and geopolitical uncertainty, the China Plus One Strategy helps businesses strengthen their strategic positioning, enable growth, and improve stability By Antti...
Iglu Finds the Formula for Making Talent Outsourcing Profitable, Effective & Easy

Iglu Finds the Formula for Making Talent Outsourcing Profitable, Effective & Easy

by juuso | Nov 12, 2024 | Business, Asia, Bangkok, Finland, Hong Kong, Thailand, Vietnam

For nearly 15 years now, Iglu has been one of the biggest names in remote work inSoutheast Asia. Positioned as a specialist in the outsourcing of tech talent and businessprocesses, Iglu’s competitive edge lies with its people—and the unique model it employs toattract...
Trump’s Win May Threaten Southeast Asian Exports

Trump’s Win May Threaten Southeast Asian Exports

by Teuvo Tuomi | Nov 10, 2024 | ASEAN, Business, Economy, Elections, News, Southeast Asia

Southeast Asian countries may soon be flooded by cheap Chinese goods which have been shut out of the American market, analysts say. This may make the region’s own exports less competitive, affecting economic growth and jobs. During the election campaign,...
Thailand Plans to Increase Minimum Wage to 400 Baht

Thailand Plans to Increase Minimum Wage to 400 Baht

by Teuvo Tuomi | Nov 9, 2024 | Business, Economy, News, Thailand

Thailand plans to increase the daily minimum wage to 400 baht next year, Labor Minister Phiphat Ratchakitprakarn says. Mr. Phiphat hopes that the National Wage Committee in its December meeting will decide to approve the wage increase. Increasing the minimum wage from...
Vientiane’s Special Economic Zones Receive 622 Million USD in First Nine Months

Vientiane’s Special Economic Zones Receive 622 Million USD in First Nine Months

by Teuvo Tuomi | Oct 28, 2024 | Business, Economy, Investment, Laos, News

During the first nine months of 2024, Vientiane’s five special economic zones (SEZs) attracted investments from 39 new domestic and foreign companies, totaling USD 622.59 million in capital investment and USD 224.51 million in registered capital. This exceeds the...
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