by Teuvo Tuomi | Sep 18, 2024 | ASEAN, Business, Economy, Investment, News, Southeast Asia
ASEAN’s economic growth was 4.1% in 2023. This is expected to increase to 4.6% in 2024. Investment in ASEAN increased only by 0.3% from US$229 billion in 2022 to US$230 billion in 2023. Another important measure is that the value of trade in ASEAN products actually...
by Teuvo Tuomi | Sep 11, 2024 | Cambodia, Business, Economy, Investment, News
According to the Council for the Development of Cambodia (CDC), the government approved 46 new projects and 7 production expansion projects in August, with a total investment of more than $1.2 billion, creating around 33,000 jobs. These projects aim to enhance...
by Teuvo Tuomi | Sep 9, 2024 | China, Economy, Investment, News
Restrictions on foreign investment in China’s manufacturing sector will be lifted with the release of the 2024 version of the “negative list” for foreign investment access, according to the National Development and Reform Commission (NDRC) and the...
by Teuvo Tuomi | Sep 7, 2024 | News, Infrastructure, Investment, Singapore, Travel
The construction of Singapore’s Changi Airport Terminal 5 (T5) will start in the first half of 2025, Prime Minister Lawrence Wong confirms. The new terminal will be operational in the mid-2030s. When the mega terminal is operational, Singapore aims to be linked...
by Teuvo Tuomi | Aug 29, 2024 | Business, Investment, News, Thailand, Trade
US motorcycle icon Harley-Davidson will move the production of three models to Thailand starting 2025. This decision that has caused concern among American customers and workers. The company says the Pan America, Sportster S, and Nightster models will be produced at...
by Teuvo Tuomi | Aug 18, 2024 | Vietnam, Investment, News
Vietnam’s cloud and data center industries are now open to 100% foreign ownership through the implementation of the revised Telecommunications Law. The new law, which came into force in July 2024, does not restrict foreign investment in providing digital services,...
