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...
by Teuvo Tuomi | May 20, 2024 | Thailand, Culture, Economy, Lifestyle, News
Thailand wants to boost its economy by attracting international filmmakers to its scenic locations. The Tourism and Sports Ministry and the Culture Ministry are promoting these film locations, aiming to generate 7.5 billion baht (US$206.5 million) in earnings from...
by Teuvo Tuomi | May 18, 2024 | ASEAN, Business, Economy, Malaysia, News, Southeast Asia, Technology, Thailand, Trade
According to a Japanese-based online news magazine, Malaysia’s sales figures, which had come in third for a long time, topped Thailand’s through January-March 2024. According to the Malaysian Automotive Association, auto sales increased 5% in the first quarter from a...
by Jukka-Pekka Karppanen | May 11, 2024 | Economy, Business, Environment, Finland, Thailand, Trade, Visions
Ville Tavio (right), Minister of Foreign Trade and Development and Miika Tomi (left), Deputy Head of Mission at the Embassy of Finland, attended a dialogue and seminar with TFCC at the Pacific City Club in Bangkok. Clean Tech & Free Trade for Sustainable...
by Teuvo Tuomi | May 10, 2024 | Business, Economy, News, Philippines
High inflation and borrowing costs slowed down the first-quarter growth of the Philippine economy, causing the “Bongbong” Marcos’s government to miss its target. Gross domestic product (GDP) grew 5.7% year-on-year in the first quarter, faster than...
by Teuvo Tuomi | May 8, 2024 | Economy, Exports, News, Thailand
Thailand’s economy is expected to grow 2.2-2.7% this year, down from a previous forecast of 2.8-3.3% due to a slow export recovery, the Joint Standing Committee on Commerce, Industry and Banking estimates. Exports, a key driver of the Thai economy, are now...