by Teuvo Tuomi | Dec 16, 2024 | Indonesia, News, Reports, Trade
Indonesia’s exports exceeded imports in November. This resulted in the second largest trade surplus since the government lifted the COVID-19 pandemic status in 2023. The country’s trade balance was US$4.42 billion in November, according to Statistics Indonesia...
by Teuvo Tuomi | Nov 20, 2024 | Malaysia, Digitalization, Reports, Society
Malaysia has the highest rate of online fraud revictimisation in Asia, with victims being retargeted over 2.5 times on average, according to the Asia Scam Report 2024 issued by the Global Anti-Scam Alliance. Hong Kong and Thailand rank second and third, respectively....
by Teuvo Tuomi | Nov 17, 2024 | ASEAN, Digitalization, Economy, News, Reports, Southeast Asia
Southeast Asia’s digital economy will be worth US$122 billion in 2024, according to the e-Conomy SEA 2024 report. This comprises digital financial services, e-commerce, travel, online media, food, and transport. Digital economy revenue for 2023 was US$78 billion in...
by Teuvo Tuomi | Nov 15, 2024 | News, Philippines, Reports, Tourism, Travel
Voted Asia’s leading beach destination, the Philippines is projected to welcome 10 million foreign tourists in 2028, nearly doubling its current numbers, BMI Research reports. BMI forecasts a 14.8% average annual growth rate in Philippine tourist arrivals,...
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...
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....
