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Prabowo’s 8% Growth Target Could Cause Overheating

Prabowo’s 8% Growth Target Could Cause Overheating

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...
Tavio Pushes FTA with the Philippines

Tavio Pushes FTA with the Philippines

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...
Vientiane’s Special Economic Zones Receive 622 Million USD in First Nine Months

Vientiane’s Special Economic Zones Receive 622 Million USD in First Nine Months

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...
Cambodia Considers Thailand’s Cross-Border Initiative

Cambodia Considers Thailand’s Cross-Border Initiative

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...
Finland Is Committed to Transform Ho Chi Minh into Sustainable Hub: Tavio

Finland Is Committed to Transform Ho Chi Minh into Sustainable Hub: Tavio

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...
Vietnam to Grow Fastest in SEA: IMF

Vietnam to Grow Fastest in SEA: IMF

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...
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