by Teuvo Tuomi | Sep 30, 2024 | Asia, India, Japan, News, Reports
India has overtaken Japan to become the third most powerful nation in Asia, according to the 2024 edition of Asia Power Index (API). India now stands 3rd on the index after the US and China. The Asia Power Index is an annual measure of power dynamics in the...
by Teuvo Tuomi | Sep 25, 2024 | Indonesia, Business, Economy, News, Reports
Indonesia’s dream of becoming a high-income economy by 2045 is bleak, the World Bank says. Achieving that target in time, Indonesia would require annual gross domestic product growth of 6-7% over the next 20 years. “For middle-income countries to have high income in...
by Teuvo Tuomi | Sep 22, 2024 | Indonesia, Business, Reports, Society
Hiring in Indonesia requires some knowledge. With over 130 million people in the workforce, Indonesia is one of the largest labor markets in Southeast Asia. The population is predominantly young, providing a pool of potential employees. Most of the Indonesians are...
by Teuvo Tuomi | Sep 18, 2024 | ASEAN, Climate, Lifestyle, News, Reports, Southeast Asia, Weather
In Southeast Asia, the proportion of those who see climate change as a serious and immediate threat has dropped to 42.5% in 2024, according to the latest Southeast Asia Climate Outlook Survey by the ISEAS – Yusof Ishak Institute. This is down from 49.4% in 2023, 45.8%...
by Teuvo Tuomi | Sep 14, 2024 | Climate, Philippines, Reports, Weather
For the third straight year, the Philippines has been given the unpleasant honor to be the most prone to extreme natural events and negative climate change, according to the 2024 edition of the World Risk Report’s World Risk Index, which included all 193 member states...
by Teuvo Tuomi | Sep 11, 2024 | Asia, Reports, Southeast Asia, Tourism, Travel
A record 10% of the World’s GDP will be spent on travel this year. According to the annual report by the World Travel and Tourism Council (WTTC), consumers increasingly see travel as an essential part of their budgets. The WTTC estimates the industry’s...