by Teuvo Tuomi | Apr 6, 2024 | ASEAN, Economy, Environment, Laos, News, Southeast Asia, Visions
Senior finance and central bank officials from Southeast Asia met on 4 April in the Lao city of Luang Prabang to discuss ways to help the region build resilience against shocks like natural disasters brought on by climate change. Meanwhile, Luang Prabang and the...
by Teuvo Tuomi | Apr 2, 2024 | Business, Digitalization, Economy, Indonesia, Reports, Technology, Visions
Indonesia, the world’s fourth most populous nation and the largest economy in Southeast Asia, is being recognized as a leader in fintech development and innovation. The country has become home to a diverse range of fintech startups, including several that offer...
by Teuvo Tuomi | Mar 29, 2024 | Cambodia, Business, Economy, Technology, Visions
The National Bank of Cambodia (NBC) is actively promoting a cashless future for the country. The National Bank of Cambodia has developed payment systems and digital societies through the development of the KHQR Standard System (KHQR) and the Cambodian Securities...
by Teuvo Tuomi | Mar 29, 2024 | Vietnam, Business, Economy, News
Vietnam’s GDP grew by 5.66% in the first quarter, the highest rate for the period since 2020, according to the General Statistics Office. Industry and construction grew at 6.28% and accounted for 35.7% of the GDP. Following close behind was the services sector...
by Teuvo Tuomi | Mar 28, 2024 | India, China, Economy
Mumbai has become Asia’s new billionaire capital, surpassing Beijing, the Hurun Research Institute report says. According to 360 ONE Wealth Hurun India Rich List 2023, Mumbai has 92 billionaires, overtaking Beijing’s count and solidifying its status as a thriving...
by Teuvo Tuomi | Mar 27, 2024 | News, Business, Economy, Energy, Technology, Thailand, Vietnam
Vietnamese automaker VinFast plans to start selling its electric vehicles (EVs) in Thailand. It has already made deals with dealers to open showrooms in the country. VinFast faces stiff competition in Thailand from Chinese automakers like BYD and also Tesla, who are...
