by Teuvo Tuomi | Dec 9, 2022 | ASEAN, Business, Economy, News, Southeast Asia
Salaries in Southeast Asia are expected to increase slightly for 2023 compared to 2022, a study by Aon plc says. Inflation has been playing a significant role in how salaries look across the region. But they have also been driven by supply and demand in the talent...
by Teuvo Tuomi | Nov 27, 2022 | Business, ASEAN, Southeast Asia, Vietnam, Visions
It’s been an unexpected and very peculiar year in Vietnam. In 2022 the stock market of Asia’s fastest-growing, most competitive, and the least-indebted country faced a total crash. In a year of excellent earnings growth, the Vietnam stock market has plummeted...
by Teuvo Tuomi | Nov 17, 2022 | ASEAN, Business, Economy, News, Southeast Asia
At the G20 Summit in Bali, the central banks of Indonesia, Malaysia, the Philippines, Singapore, and Thailand entered a memorandum of understanding to start using QR codes for international payments between the five countries, without the need to use the US dollar....
by VF | Sep 28, 2022 | Linkss, ASEAN, Business, Food & Drinks, News, Southeast Asia
Thailand’s Singapore-listed conglomerate, ThaiBev, plans to spend 5-8 billion baht next year to expand its businesses. Out of this, 1.1. billion baht would be allocated for the food business, 600-800 million for spirits, and 300-400 for non-alcoholic drinks. For...
by VF | Sep 27, 2022 | Business, ASEAN, Economy, News, Southeast Asia
Shopee Thailand’s second round of layoffs is affecting about 100 employees, about 10% of its workforce. The company says that this will enable it to continue to run more efficient business operations. The Singaporean multinational technology company that focuses...
by VF | Sep 25, 2022 | Asia, Environment, News, Southeast Asia
Super typhoon Noru is heading towards the Philippines and is on track to slam into the heavily populated main island of Luzon, forcing the evacuations of coastal towns. The typhoon has maximum sustained wind speeds of 195 kilometers an hour after an unprecedented...
