by Teuvo Tuomi | Jul 20, 2024 | News, ASEAN, Business, Economy, Investment, Thailand, Trade, Visions
Developers in Thailand’s Rayong have been adjusting to a market slowdown by reducing the of newly launched residential supply in the first quarter of 2024. Vichai Viratkapan, acting director-general of the Real Estate Information Center (REIC), says the Rayong...
by Teuvo Tuomi | Jul 16, 2024 | ASEAN, Business, Indonesia, Infrastructure, Investment, News, Southeast Asia
President Joko “Jokowi” Widodo has signed a presidential regulation that grants investors certain rights in the Nusantara Capital City (IKN) megaproject in East Kalimantan, the future capital, including land rights of up to 190 years. The regulation stipulates that...
by Teuvo Tuomi | Jul 14, 2024 | Business, Investment, Laos, News, Technology, Vietnam
Laos and Vietnam have signed seven pacts on various areas of cooperation, serving to deepen the collaboration between the two nations. The cooperation pacts include a Memorandum of Understanding (MOU) on the establishment of a citizen and ID (identification card)...
by Teuvo Tuomi | Jul 10, 2024 | Indonesia, Business, Economy, Investment, News, Society, Visions
The US$32 billion Nusantara Capital City (IKN) project has met with another delay, as key infrastructure remains incomplete just weeks before its planned inauguration in mid-August in East Kalimantan. President Joko “Jokowi” Widodo says that the issuance of a...
by Teuvo Tuomi | Jul 9, 2024 | News, Infrastructure, Investment, Philippines, Technology
To achieve 100% nationwide electrification by 2028, the government would need to invest about 855 billion USD (P72 billion). This is nearly three times the amount that the government has budgeted for the project, the Department of Energy (DOE) says. According to...
by Teuvo Tuomi | Jul 8, 2024 | Cambodia, Business, Infrastructure, Innovation, Investment, News, Trade
The Regional Comprehensive Economic Partnership (RCEP) agreement and bilateral free trade agreements (FTAs) are expected to help Cambodia attract more foreign direct investment (FDIs) and boost its exports, National Bank of Cambodia’s Governor Chea Serey says....
