by Teuvo Tuomi | Jul 7, 2023 | Economy, Indonesia, News
Indonesia has returned to the rank of an upper-middle-income country, marking the bounce back of its economy following the pandemic. The country’s gross national income (GNI) per capita, which measures the sum of money a nation earns divided by its population, reached...
by Teuvo Tuomi | Jul 5, 2023 | Japan, Economy, News, Vietnam
The Japan International Cooperation Agency (JICA) has signed three loan agreements with the Government of Vietnam to provide an Official Development Assistance (ODA) loan of up to JPY60.983 billion (US$422 million) for the country’s post-COVID recovery and key...
by Teuvo Tuomi | Jun 25, 2023 | ASEAN, Asia, Economy, Philippines, Southeast Asia
According to BMI Research’s report, the Philippines could join the world’s 20 biggest economies in value in less than three decades thanks to its large population and fast-improving industries. BMI expects the Philippines to be the world’s 18th-largest economy...
by Teuvo Tuomi | Jun 11, 2023 | Indonesia, Business, Economy, Malaysia
Indonesian President Joko “Jokowi” Widodo has called for stronger collaboration with Malaysia to protect palm oil products threatened by a European Union trade law he termed “discrimination”. The European Parliament adopted the new legislation...
by Teuvo Tuomi | May 21, 2023 | Philippines, Economy, News
In the Philippines, the National Economic and Development Authority has announced that the economy grew by 6.4% in the first three months of this year. This extends the uninterrupted period of growth of our economy that began in the second quarter of 2021. The growth...
by Teuvo Tuomi | May 9, 2023 | Economy, News, Vietnam
Vietnamese lawmakers are urging the central bank to consider cutting policy rates further to support the economy and help it reach its 2023 economic growth target. Vietnam’s growth slowed from 5.92% in late 2022 to 3.32% in the first quarter of 2023, prompting...
