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China Tops Asia Manufacturing Index Despite Challenges

China Tops Asia Manufacturing Index Despite Challenges

by Teuvo Tuomi | Oct 24, 2024 | China, Asia, Malaysia, Manufacturing, News, Vietnam

For the second time in a row, China ranks first in the Asia Manufacturing Index by Dezan Shira & Associates. China maintains its leadership despite significant shifts in its production landscape and traditional markets. The country’s industrial output remains...
Bookshops Disappearing in Japan: Report

Bookshops Disappearing in Japan: Report

by Teuvo Tuomi | Oct 22, 2024 | Japan, Lifestyle, News, Reports, Society

According to the All Japan Magazine and Book Publisher’s and Editor’s Association (APJEA), the number of bookshops in Japan has fallen by nearly half from 20,880 in 2004 to 10,918 in March 2024. Moreover, 27.7% of Japan’s 1,741 municipalities do not have a bookshop....
Vietnam’s Economy to Expand 7% This Year: PM

Vietnam’s Economy to Expand 7% This Year: PM

by Teuvo Tuomi | Oct 21, 2024 | News, Economy, Vietnam

Vietnam’s economy is expected to be worth US$500 billion next year, ranking the 4th largest in Southeast Asia, Prime Minister Pham Minh Chinh says. Vietnam grew from $346 billion in 2020 to $433 billion last year. And this year, the GDP is set to expand by 7%,...
Indonesia’s Planners Push for Prabowo’s 8% Growth Target

Indonesia’s Planners Push for Prabowo’s 8% Growth Target

by Teuvo Tuomi | Oct 20, 2024 | Economy, Indonesia, News, Reports

Indonesia’s National Development Planning Agency (Bappenas) has drawn up two scenarios to achieve president-elect Prabowo Subianto’s plan to reach 8% GDP growth. The 2025-2029 National Medium-Term Development Plan (RPJMN) envisions reaching a growth rate of 5.7%...
VIETNAM’S RESILIENCE SHINES: EUROCHAM BUSINESS CONFIDENCE INDEX GROWS AMIDST TYPHOON YAGI’S AFTERMATH

VIETNAM’S RESILIENCE SHINES: EUROCHAM BUSINESS CONFIDENCE INDEX GROWS AMIDST TYPHOON YAGI’S AFTERMATH

by juuso | Oct 18, 2024 | Vietnam, Business, Economy, EU, Hanoi, Ho Chi Minh, News

[Vietnam, 8 October 2024] The European Chamber of Commerce in Vietnam (EuroCham Vietnam) has released its Q3 2024 Business Confidence Index (BCI) report, reflecting a positive trend in business sentiment despite the economic challenges posed by Typhoon Yagi and...
Phnom Penh’s Retail Spaces Remain Empty

Phnom Penh’s Retail Spaces Remain Empty

by Teuvo Tuomi | Oct 18, 2024 | Cambodia, Business, Economy, News, Retailing

According to CBRE Cambodia, at the end of Q3, total retail space in Phnom Penh stood at nearly 770,000 sqm, while the average occupancy rate for the quarter stood at 58.3%, a slight decline compared to Q2’s 58.7%. The slump has continued since 2019. During the...
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