by Teuvo Tuomi | Aug 18, 2024 | Cambodia, Business, News
The Association of Banks in Cambodia (ABC) and the Cambodia Microfinance Association (CMA) have introduced new regulations to enhance responsible business practices and consumer protection. The new rules are designed to promote a sustainable and ethical financial...
by Teuvo Tuomi | Aug 17, 2024 | Entertainment, Economy, Korea, News
K-pop is struggling with a loss of growth, with Hybe taking the hardest hit. Hybe, home to K-pop superstars BTS, saw its shares plunge 4.56% last Wednesday, closing at 120 USD, the lowest since December 2022. This marked the fourth consecutive day of declines, with...
by Teuvo Tuomi | Aug 16, 2024 | Thailand, News, Society
Thailand’s House of Representatives have elected Pheu Thai Party leader Paetongtarn Shinawatra as the country’s new prime minister. The governing coalition led by Pheu Thai agreed to support Ms Paetongtarn’s bid for premiership on the eve of the parliamentary vote....
by Teuvo Tuomi | Aug 15, 2024 | News, Business, Investment, Trade, Vietnam
The northern port city of Hai Phong has been a foreign investment magnet, hosting 967 foreign direct investment (FDI) projects underway worth US$30.65 billion. At a recent investment promotion conference in China’s Shenzhen city, Hai Phong granted investment...
by Teuvo Tuomi | Aug 15, 2024 | Bangkok, Crime, News, Thailand
Thailand’s Constitutional Court has unseated Srettha Thavisin from the post of prime minister, stating that he lacked integrity to hold the top government post because he appointed an unqualified person as one of his Cabinet members. The nine Constitutional...
by Teuvo Tuomi | Aug 14, 2024 | Thailand, ASEAN, Investment, News, Southeast Asia
According to the report by the World Gold Council, Thailand’s gold bar and coin investment surged 22% year-on-year in the second quarter, reflecting ongoing weakness in the baht. Meanwhile, consumer gold demand across Southeast Asia grew by 20% year-on-year....