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Indonesia Receives Bulk of China’s Regional Investments

Indonesia Receives Bulk of China’s Regional Investments

by Teuvo Tuomi | Jun 7, 2024 | ASEAN, Asia, Business, China, Indonesia, Investment, Reports, Southeast Asia, Technology

In 2023, Southeast Asia received around 50% of China’s regional investments, marking a 27% increase from the previous year. Indonesia emerged as the leading recipient of these funds, attracting approximately US$7.3 billion. During a bilateral meeting at the Merdeka...
Chang-e Lands on the Far Side of the Moon

Chang-e Lands on the Far Side of the Moon

by Teuvo Tuomi | Jun 2, 2024 | Asia, China, Research, Space, Technology

China’s Chang’e 6 has landed successfully on the moon’s far side. With the assistance of the Queqiao 2 relay satellite, the Chang’e 6 landing craft softly settled on the lunar surface in a designated site inside the South Pole-Aitken Basin. The...
China’s Economic Growth Remains Resilient: IMF

China’s Economic Growth Remains Resilient: IMF

by Teuvo Tuomi | May 30, 2024 | China, Business, Economy, News, Reports

China’s economy is expected to achieve a resilient growth of 5% this year, faster than previous projections. However, according to the International Monetary Fund (IMF), the country still needs to scale up property sector support and monetary easing as downside...
Chinese SEA-Made Panels Targeted

Chinese SEA-Made Panels Targeted

by Teuvo Tuomi | May 26, 2024 | Business, ASEAN, China, Economy, News, Southeast Asia, Technology, Trade

Solar products made by Chinese companies’ overseas units or joint ventures are the target of a new round of US investigation into allegations that imports from Cambodia, Malaysia, Thailand, and Vietnam are unfairly subsidized and priced low. Several US solar...
BOT Promotes Interoperable Digital Payment Systems

BOT Promotes Interoperable Digital Payment Systems

by Teuvo Tuomi | May 22, 2024 | ASEAN, China, Digitalization, Lifestyle, News, Technology, Thailand

The Bank of Thailand (BOT) is accelerating its efforts to expand the digital payments ecosystem, aiming to make transactions more accessible and convenient for both Thai citizens and foreign visitors. A key focus of the BOT‘s initiative is the establishment of...
China Is Seen As Most Influential Power for ASEAN: Survey

China Is Seen As Most Influential Power for ASEAN: Survey

by Teuvo Tuomi | May 20, 2024 | ASEAN, Business, China, Economy, News, Research

Nearly 2,000 respondents from ASEAN countries identify China as the most influential economic power in the region, according to a survey by the ISEAS-Yusof Ishak Institute in Singapore titled “State of Southeast Asia 2024.” In Laos and Thailand, 78% and 71% of...
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