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%...
by Teuvo Tuomi | Oct 12, 2024 | China, Business, Economy, News, Reports
China says it will “significantly increase” government debt to offer subsidies and to revive economic growth. Finance Minister Lan Foan says there will be more “counter-cyclical measures” this year. China faces deflationary pressures due to a...
by Teuvo Tuomi | Oct 11, 2024 | Korea, Asia, Food & Drinks, Lifestyle, Reports
According to a recent Agoda survey, 49% of tourists visited the country primarily for its culinary options. According to the poll, South Korea is the top food destination in Asia, with 64% of visitors citing food as their main reason for traveling, followed by Taiwan...
by Teuvo Tuomi | Oct 6, 2024 | Vietnam, Reports, Tourism, Travel, Visas
There are now myriad ways you can enter and stay in Vietnam. These do, however, come at a cost. Vietnam visa fees are determined by the Ministry of Finance and are updated regularly through Circulars issued by the ministry. Vietnamese employers will usually cover the...
by Teuvo Tuomi | Oct 5, 2024 | ASEAN, Asia, Economy, News, Reports
This year’s growth forecast for the ASEAN plus three economies – including also China and Hong Kong, Japan and South Korea – has weakened from 4.4% to 4.2%, according to the Asean+3 Macroeconomic Research Office (Amro). Amro has revised its 2024 growth expectations...
by Teuvo Tuomi | Oct 1, 2024 | Education, News, Reports, Vietnam
The number of international students coming to Vietnam for self-funded education is steadily rising, with the majority from Laos, Cambodia, China, South Korea, and Singapore. A study among 120 universities in Vietnam and over 30 experts found that international...
