by Teuvo Tuomi | Mar 26, 2023 | Business, Finland, Lifestyle, News, Singapore, Southeast Asia, Thailand
Tanachira Retail Corporation, the importer and distributor of the Finnish fashion icon Marimekko and some other major brands is planning to have its initial public offering (IPO) with Thailand’s Securities and Exchange Commission next month. Tanachira’s...
by Teuvo Tuomi | Mar 23, 2023 | Indonesia, Economy, News, Southeast Asia, Technology
Indonesia has issued various incentives to attract investments into its new capital city, Nusantara. The incentives range from income tax holidays to import tax exemptions as well as the permission to hire foreign workers for up to 10 years. Nusantara is estimated to...
by Teuvo Tuomi | Mar 21, 2023 | Thailand, Culture, Food & Drinks, Lifestyle, News, Southeast Asia
TasteAtlas has placed Phanaeng curry at the top of the Best Stews in the World ranking, with a 4.8 score out of 5. The website describes Phanaeng curry as a variety of Thai curry that is characterized by its thick texture and a salty-sweet peanut flavor, consisting of...
by Teuvo Tuomi | Mar 16, 2023 | ASEAN, Asia, Economy, Environment, Japan, Southeast Asia
Japan plans to apply for ASEAN comprehensive strategic partnership (CSP) status, to commemorate the 50th anniversary of Japan and ASEAN Relations. Japan had already submitted a concept paper to the ASEAN Secretariat about its upcoming plan regarding the application...
by Teuvo Tuomi | Mar 11, 2023 | ASEAN, Business, Economy, Southeast Asia
With the exception of Thailand, the five largest economies in Southeast Asia (ASEAN-5) will show lower growth this year. The main reasons for this are tight financial conditions and weak external demand, according to Atradius. Growth of private consumption and...
by Teuvo Tuomi | Mar 5, 2023 | ASEAN, Business, Economy, Southeast Asia, Technology
According to the Asian Development Bank (ADB) and the International Monetary Fund (IMF), the Southeast Asian (SEA) economy is forecasted to grow by 4.7% in 2023, much faster than the global average of 2.7%. Some reports even suggest that ASEAN is on track to become...