by Teuvo Tuomi | Aug 31, 2024 | Cambodia, Business, Economy, News, Reports
From September 2023 to August 2024, the Council for the Development of Cambodia (CDC) approved 391 new and expanded projects. This amounts to over $7.5 billion in investment, created about 340,000 jobs. This is also an increase of 168 projects over the previous year....
by Teuvo Tuomi | Aug 25, 2024 | Economy, Inflation, Malaysia, News
Malaysia’s Consumer Price Index (CPI) grew 2% year-on-year in July, according to the National Department of Statistics. Thw CPI increase was slightly below the 2.1% projection by the Reuters poll. The rise in consumer costs was led by restaurant and accommodation...
by Teuvo Tuomi | Aug 25, 2024 | Cambodia, Economy, News, Thailand, Trade
Cambodia and Thailand aim to push bilateral trade to 15 USD billion by 2025, according to a senior official of Thailand’s Ministry of Commerce. Data from the Thai commerce ministry shows that in the first half of 2024, two-way trade between Cambodia and Thailand was...
by Teuvo Tuomi | Aug 23, 2024 | Thailand, Economy, News
The Thai government under new Prime Minister Paetongtarn Shinawatra is preparing to use more than 300 billion baht to stimulate the country’s economy, according to a Government House source. The budget will come from three main sources: 1. The Additional Budget...
by Teuvo Tuomi | Aug 20, 2024 | Finland, Economy, News, Reports
Finland’s employment figures reveal underlying concerns, according to Jukka Appelqvist, Chief Economist at the Central Chamber of Commerce. Data released by Statistics Finland shows that both employment and unemployment numbers have risen compared to last July....
by Teuvo Tuomi | Aug 17, 2024 | Entertainment, Economy, Korea, News
K-pop is struggling with a loss of growth, with Hybe taking the hardest hit. Hybe, home to K-pop superstars BTS, saw its shares plunge 4.56% last Wednesday, closing at 120 USD, the lowest since December 2022. This marked the fourth consecutive day of declines, with...