by Teuvo Tuomi | Feb 20, 2023 | News, Thailand
Phuket province is vying to host EXPO 2028 with the help of the Thai government and the Thailand Convention & Exhibition Bureau (TCEB). EXPO 2028 Phuket Thailand would showcase Thailand’s rich culture, innovative technologies, and unique offerings to the world....
by Teuvo Tuomi | Feb 19, 2023 | Asia, Economy, Japan, News
The Bank of Japan will start a new test on the feasibility of a central bank digital currency in April. The test will be joined by private-sector companies including payment service providers and financial institutions. The Japanese central bank kicked off the first...
by Teuvo Tuomi | Feb 17, 2023 | Business, Economy, News, Thailand
Thailand’s economic growth slowed more than expected in the fourth quarter of 2022 as exports and manufacturing declined. However, the tourism sector should continue to help the recovery this year, the National Economic and Social Development Council (NESDC)...
by Teuvo Tuomi | Feb 16, 2023 | ASEAN, Indonesia, News
As the chair of ASEAN this year, Indonesia is preparing a road map to support the full membership of the Democratic Republic of Timor Leste in the regional association. Indonesian President Joko Widodo (Jokowi) made the announcement in a joint statement issued with...
by Teuvo Tuomi | Feb 14, 2023 | ASEAN, Economy, Malaysia, News, Southeast Asia
Malaysia has no plans to reintroduce a goods and services tax (GST) or any other broad-based consumption tax, Prime Minister Anwar Ibrahim says. The government will instead look to reduce subsidies enjoyed by the wealthy. Malaysia offers subsidies to all citizens,...
by Teuvo Tuomi | Feb 12, 2023 | Linkss, Asia, Business, Cambodia, China, Economy, News, Southeast Asia
The 187-km-long freeway from Phnom Penh is a 2 billion USD investment by the China Road and Bridge Corporation. It is also one of the results of cooperation between China and Cambodia under the Belt and Road Initiative (BRI). More than one million vehicles had...