by VF | Sep 27, 2022 | Business, ASEAN, Economy, News, Southeast Asia
Shopee Thailand’s second round of layoffs is affecting about 100 employees, about 10% of its workforce. The company says that this will enable it to continue to run more efficient business operations. The Singaporean multinational technology company that focuses...
by VF | Sep 7, 2022 | Business, ASEAN, Asia, Economy, News, Southeast Asia
The Regional Comprehensive Economic Partnership agreement (RCEP) came into effect on 1 January this year. The pact has resulted in the growth of China’s exports to other member countries of the agreement. During the first six months of 2022, exports and imports...
by VF | Sep 3, 2022 | ASEAN, Asia, Business, Economy, Southeast Asia, Technology
The first set of Chinese-made train cars for Indonesia’s high-speed railway has arrived in Jakarta. The 142.3-kilometer (88.4-mile) railway worth $5.5 billion is being constructed by PT Kereta Cepat Indonesia-China, a joint venture between an Indonesian consortium of...
by VF | Aug 16, 2022 | ASEAN, Business, Economy, Southeast Asia, Travel
Southeast Asia relies heavily on tourism. That’s why, following the easing of coronavirus-related entry restrictions, many LCCs in the region have announced a major step-up in-flight service. New airlines are emerging, too. In Indonesia last year, Super Air Jet...
by VF | Aug 9, 2022 | Linkss, ASEAN, Asia, Business, Economy, News
Thailand will host the APEC leadership summit on 18-19 November under the theme of “Open, Connect, Balance.” The top issues at the summit are promoting sustainable and inclusive economic growth, facilitating trade and investment, and the post-pandemic rehabilitation...
by VF | Jul 22, 2022 | Linkss, Asia, Business, Economy, News
After having a tight monetary policy for a year, Asian central banks are suddenly forced to rethink their monetary policy in order to tackle rising inflation and defend weakening currencies. Singapore and the Philippines surprised markets with unscheduled tightening...
