by Teuvo Tuomi | Feb 20, 2024 | News, Cambodia, Economy
The Swedish government will phase out bilateral development cooperation with Cambodia by the end of this year, raising concerns among civil society groups likely to see their budgets shrink. In 2023, the Swedish government provided about $17 million to civil society...
by Teuvo Tuomi | Feb 18, 2024 | China, Economy, News, Singapore
Singapore’s key exports had a better-than-expected performance in January. Non-oil domestic exports (Nodx) rose 16.8%, led by a jump in shipments of specialized machinery to make semiconductors, and non-monetary gold, data from Enterprise Singapore (EnterpriseSG) on...
by VF | Feb 16, 2024 | Partners, ASEAN, Asia, Economy, Finland, Southeast Asia
Finland-Southeast Asia Business Association was founded in Helsinki in 1993 with a purpose to promote trade, investment and economic co-operation between Finland and Southeast Asian countries. Finland – Southeast Asian Business Association is an umbrella to ASEAN...
by Teuvo Tuomi | Feb 16, 2024 | China, Asia, Economy, News
China needs more interest rate cuts to ease corporate financing and household mortgage costs, political advisers and experts say. A faster-than-expected credit expansion signals a nascent recovery in the nation’s financing demand. Both China’s new yuan loans and total...
by Teuvo Tuomi | Feb 15, 2024 | Economy, Environment, Indonesia, Travel
The Bali administration has begun imposing a 150,000-rupiah (9.60 USD) tax on arriving tourists to preserve the culture and environment, officials say. Tourist-dependent Bali attracts millions of foreign visitors annually, and the beach-dotted island is trying to...
by Teuvo Tuomi | Feb 7, 2024 | Philippines, Economy, News
The number of unemployed Filipinos has hit another record low. There were 1.6 million jobless people in the Philippines in December 2023, down from 1.83 million in the preceding month, the Philippine Statistics Authority (PSA) reports. The official jobless rate is...
