by Teuvo Tuomi | Feb 7, 2025 | Business, Economy, Inflation, News, Thailand
Thailand’s inflation grew 1.32% year-on-year in January, making it the 10th consecutive monthly rise. Higher fuel costs and food and beverage prices drove the increase. According to Poonpong Naiyanapakorn, director-general of the Trade Policy and Strategy Office...
by Teuvo Tuomi | Jan 26, 2025 | Business, ASEAN, Asia, Economy, News, Vietnam
Vietnam is forecast to achieve a growth rate of 6.5% in 2025, maintaining its position among the fastest-growing economies in the ASEAN+3 region, according to the ASEAN+3 Macroeconomic Research Office (AMRO)’s report. This projection is lower than the country’s...
by Teuvo Tuomi | Jan 21, 2025 | Business, Economy, Finland, News, Philippines
Finland is actively encouraging Filipino workers to consider employment opportunities in the European country, citing the Philippines as one of its focus countries for talent attraction. Laura Lindeman, senior director and head of Work in Finland, told reporters the...
by Teuvo Tuomi | Jan 20, 2025 | Business, Economy, Manufacturing, News, Thailand
The Thai industrial sentiment index dropped for the first time in three months in December, falling to 90.1 in December from 91.4 in November. The sentiment was hurt by weak domestic demand and competition from Chinese products, the Federation of Thai Industries says....
by Teuvo Tuomi | Jan 20, 2025 | Economy, Equality, Indonesia, News, Reports
Indonesia has a historically low poverty rate, according to the latest survey conducted by Statistics Indonesia (BPS). However, inequality has worsened. The poverty rate for September was at 8.57%, the first time the indicator has ever dropped below 9%. “This is the...
by Teuvo Tuomi | Jan 9, 2025 | Economy, Indonesia, News, Southeast Asia
To bolster its economy, Indonesia has joined the BRICS economic alliance, founded by Brazil, Russia, India, China, and South Africa. This development coincides with President Prabowo Subianto’s ambitious target of achieving 8% GDP growth. As Jakarta aligns itself with...
