by Teuvo Tuomi | Mar 27, 2025 | ASEAN, Banking, Economy, Indonesia, News, Southeast Asia
Indonesia will join the BRICS-sponsored multilateral development bank, which President Prabowo Subianto believes could expedite the country’s economic development. The decision came after Prabowo’s meeting with New Development Bank (NDB) president Dilma...
by Teuvo Tuomi | Mar 19, 2025 | Business, Digitalization, Economy, Investment, Technology, Thailand
The largest company in the digital assets industry, Tether, says that Thailand’s Securities and Exchange Commission has granted acceptance of USD₮ as an approved cryptocurrency. This approval enables USD₮ to be traded within the country, facilitating its listing on...
by Teuvo Tuomi | Mar 16, 2025 | Cambodia, Business, Digitalization, Economy, Finland, News, Sustainability
Newly appointed Ambassador of Finland to Cambodia, Kristiina Kuvaja- Xanthopoulos, has discussed cooperation priorities in Phnom Penh with Cambodian lawmakers Chea Sophara and Suy Sem. The Finnish Ambassador emphasized her team’s support on strengthening digital...
by Teuvo Tuomi | Mar 15, 2025 | ASEAN, Business, Economy, Investment, News, Southeast Asia, Visions
ASEAN aims to become the world’s fourth-largest economy by 2030, as the region strengthens trade, investment and economic partnerships. Speaking at the “ASEAN Secretary-General’s Vision Forum 2025”, current ASEAN secretary-general Kao Kim Hourn highlighted the...
by Teuvo Tuomi | Mar 15, 2025 | Economy, Investment, News, Reports, Thailand
Strategists warn that a boost from gold prices won’t be enough to protect Thai baht as tariff risks and interest-rate cuts start to bite. The baht is up around 1.2% against the dollar this year, more than double the gain of other main Asian currencies. A key reason is...
by Teuvo Tuomi | Mar 12, 2025 | ASEAN, Economy, News
Southeast Asia is set to become a global economic powerhouse, with the ASEAN Economic Outlook predicting a robust 5.2% GDP growth for the region in 2025. This surge is driven by strong performances in key economies like Indonesia, Vietnam, and the Philippines,...
