by Teuvo Tuomi | Oct 18, 2024 | Cambodia, Business, Economy, News, Retailing
According to CBRE Cambodia, at the end of Q3, total retail space in Phnom Penh stood at nearly 770,000 sqm, while the average occupancy rate for the quarter stood at 58.3%, a slight decline compared to Q2’s 58.7%. The slump has continued since 2019. During the...
by Teuvo Tuomi | Oct 14, 2024 | Asia, Business, Economy, Investment, News
Asia’s high-net worth (HNW) market will reach 10-20% growth in the next 2-5 years, higher than before the pandemic, insurers and brokers in Singapore and Hong Kong predict. Swiss Re reports that the optimism stems from the belief that emerging Asia will outperform...
by Teuvo Tuomi | Oct 12, 2024 | China, Business, Economy, News, Reports
China says it will “significantly increase” government debt to offer subsidies and to revive economic growth. Finance Minister Lan Foan says there will be more “counter-cyclical measures” this year. China faces deflationary pressures due to a...
by Teuvo Tuomi | Oct 9, 2024 | Asia, Business, Equality, News
The Fortune 100 Most Powerful Women (MPW) Asia rankings recognize women redefining leadership by transforming companies, disrupting industries, and driving growth, innovation, and business excellence. The list includes 53 CEOs, 26 Chairpersons, and 11 Chief Financial...
by Teuvo Tuomi | Oct 8, 2024 | Business, Finland, Innovation, News, Sustainability, Technology, Thailand
A group from VTT Technical Research Center has met Charoen Pokphand Group’s representatives in Bangkok. VTT exchanged information on sustainable solutions, including VTT presented examples of projects using technology to drive sustainability, such as projects in...
by Teuvo Tuomi | Oct 7, 2024 | Vietnam, Business, Economy, News
Vietnam’s gross domestic product (GDP) increased by 7.4% during the 3rd quarter of this year despite damage caused by Typhoon Yagi, the General Statistics Office (GSO) reports. The industry, construction, and service sectors remain strong, with a growth rate of 9.1%...
