by Teuvo Tuomi | Jun 2, 2024 | Economy, Energy, Food & Drinks, Inflation, News, Philippines
Inflation in the Philippines may have exceeded the government’s target in May, the Bangko Sentral ng Pilipinas (BSP) reports. The BSP estimates last month’s inflation rate to have settled between 3.7-4.5% compared to 3.8% in April. The price increases have been...
by Teuvo Tuomi | Jun 1, 2024 | ASEAN, Economy, News, Southeast Asia, Thailand, Trade
The Thai cabinet has approved the country’s bid to join the BRICS group. This would make it the first Southeast Asian country to join the bloc. Currently, the BRICS has ten members, including Brazil, Russia, India, China, and South Africa. BRICS expansion is...
by Teuvo Tuomi | Jun 1, 2024 | Korea, Investment, News, Space, Technology, Visions
South Korea will send the first lunar rover by 2032 and plant the first Korean flag on Mars by 2045, according to President Yoon Suk Yeol. Yoon says these goals would be part of the so-called “Space Gwanggaeto Project,” named after King Gwanggaeto the Great who ruled...
by Teuvo Tuomi | May 31, 2024 | Digitalization, Health, Indonesia, News, Technology
SpaceX’s Starlink has launched its internet service in Indonesia. The service is being tested on the country’s health sector by allowing healthcare professionals to input real-time data, alleviating challenges such as stunting and malnutrition. There are currently...
by Teuvo Tuomi | May 30, 2024 | China, Business, Economy, News, Reports
China’s economy is expected to achieve a resilient growth of 5% this year, faster than previous projections. However, according to the International Monetary Fund (IMF), the country still needs to scale up property sector support and monetary easing as downside...
by Teuvo Tuomi | May 30, 2024 | News, Thailand, Tourism, Travel
The Thai Cabinet has eased visa measures for 93 countries, including Finland, Denmark, Norway, and Sweden, to boost tourism in the country. This list includes the 57 nations whose citizens were allowed to stay in Thailand for 30 days without a visa, 13 nations for...
