by Teuvo Tuomi | Oct 30, 2024 | Economy, Indonesia, Inflation, Investment, News
Analysts are warning that Indonesia’s economy could start overheating if President Prabowo Subianto goes ahead with his plan to push the country’s gross domestic product growth to 8% per year. An overheating economy, when GDP grows unsustainably, could lead to...
by Teuvo Tuomi | Oct 28, 2024 | Philippines, Finland, News, Trade
During his October 24-25 visit to the Philippines, Finland’s minister for foreign trade and development Ville Tavio met with Foreign Affairs Secretary Enrique Manalo and Trade Undersecretary Ceferino Rodolfo to discuss trade policies, including the EU – Philippines...
by Teuvo Tuomi | Oct 28, 2024 | Business, Economy, Investment, Laos, News
During the first nine months of 2024, Vientiane’s five special economic zones (SEZs) attracted investments from 39 new domestic and foreign companies, totaling USD 622.59 million in capital investment and USD 224.51 million in registered capital. This exceeds the...
by Teuvo Tuomi | Oct 26, 2024 | ASEAN, Cambodia, News, Thailand, Tourism, Travel
Cambodia has agreed to study the Thai government’s initiative to facilitate cross-border travel for tourists from six countries in Southeast Asia through a single visa policy called “6 Countries, 1 Destination”, according to an unnamed Thai...
by Teuvo Tuomi | Oct 25, 2024 | News, Environment, Finland, Ho Chi Minh, Sustainability, Vietnam
“The remarkable growth of Ho Chi Minh City is impressive, and I commend its efforts in driving such rapid development,” Finland’s Minister for Foreign Trade and Development Ville Tavio says. “Finland is fully committed to supporting the city’s...
by Teuvo Tuomi | Oct 25, 2024 | ASEAN, Economy, News, Philippines, Reports, Southeast Asia, Vietnam
The International Monetary Fund (IMF) forecasts Vietnam’s economy to grow by 6.0% in 2024 and 6.8% in 2025, making it the fastest-growing economy among key ASEAN countries. The Philippines follows with projected growth rates of 5.8% in 2024 and 6.1% in 2025. Both...
