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Vietnam Will Relax Real Estate Laws

Vietnam Will Relax Real Estate Laws

by Teuvo Tuomi | Nov 29, 2023 | Vietnam, Business, Economy, News

The revised Law on Real Estate Trading was passed on Tuesday with over 94% of the vote and is expected to come into force on 1 January 2025. The law will allow Vietnamese nationals “who live abroad and have entry permits to the country” to do business in...
Nordic Countries Shine in Competitiveness Ranking

Nordic Countries Shine in Competitiveness Ranking

by Teuvo Tuomi | Nov 16, 2023 | Asia, ASEAN, Economy, Education, Finland, News, Southeast Asia

European countries continue to dominate the Global Talent Competitiveness Index (GTCI) rankings, taking 17 of the top 25 positions. Switzerland retains its first-place position for the tenth consecutive year, followed by Singapore. Once again, Nordic countries are...
Talks on IPEF Fail to Produce Agreement

Talks on IPEF Fail to Produce Agreement

by Teuvo Tuomi | Nov 16, 2023 | Asia, ASEAN, Economy, Indonesia, News

Multilateral talks in the United States on the Indo-Pacific Economic Framework (IPEF) have failed to produce an agreement on trade. Experts see this as a setback for Asians to gain greater access to the US market for products, including critical minerals. Coordinating...
Land Bridge Challenges Singapore and Malaysia

Land Bridge Challenges Singapore and Malaysia

by Teuvo Tuomi | Nov 3, 2023 | Business, Economy, Thailand

Thailand’s Land Bridge megaproject will forge a new link between the Pacific and Indian oceans, relieving shipping congestion in the Malacca Straits. It is expected to become a key link in the China-led Belt and Road project, requiring over 1 trillion baht in...
Indonesia’s Manufacturing Sector Keeps Declining

Indonesia’s Manufacturing Sector Keeps Declining

by Teuvo Tuomi | Oct 7, 2023 | Economy, Indonesia, News, Technology

The World Bank praises Indonesia over recent legal changes encouraging investment in the country. At the same time, it says Jakarta has not done enough to reform trade policies that are hurting the manufacturing sector. World Bank chief economist for the East Asia and...
ASEAN Starts Talks on Multi-Trillion Dollar Digital Economy Pact

ASEAN Starts Talks on Multi-Trillion Dollar Digital Economy Pact

by Teuvo Tuomi | Sep 4, 2023 | ASEAN, Digitalization, Economy, News

ASEAN has started talks on a new framework that could unlock a potential US$2 trillion (S$2.7 trillion) in its digital economy by 2030. The bloc has launched negotiations on the ASEAN Digital Economy Framework Agreement (Defa), which will facilitate more seamless...
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