by Teuvo Tuomi | Jun 11, 2024 | ASEAN, Asia, Environment, Lifestyle, Malaysia, News, Southeast Asia, Tourism
Malaysia is the most loved country in Asia in a ranking by American financial website Insider Monkey. Malaysia beat Singapore, which was at third place after Taiwan at second, Thailand far behind at 11th and Indonesia at 12th place respectively. The New York-based...
by Teuvo Tuomi | Jun 9, 2024 | ASEAN, AI, Cambodia, Climate, Digitalization, News, Research, South Korea, Southeast Asia
ASEAN has announced the implementation of five AI-related activities by the ASEAN Committee on Science, Technology, and Innovation (COSTI). The initiatives aim to position ASEAN as a competitive player in the global AI (artificial intelligence) landscape. Hem Vanndy,...
by Teuvo Tuomi | Jun 7, 2024 | ASEAN, Asia, Business, China, Indonesia, Investment, Reports, Southeast Asia, Technology
In 2023, Southeast Asia received around 50% of China’s regional investments, marking a 27% increase from the previous year. Indonesia emerged as the leading recipient of these funds, attracting approximately US$7.3 billion. During a bilateral meeting at the Merdeka...
by Teuvo Tuomi | Jun 1, 2024 | ASEAN, Economy, News, Southeast Asia, Thailand, Trade
The Thai cabinet has approved the country’s bid to join the BRICS group. This would make it the first Southeast Asian country to join the bloc. Currently, the BRICS has ten members, including Brazil, Russia, India, China, and South Africa. BRICS expansion is...
by Teuvo Tuomi | May 28, 2024 | ASEAN, Asia, Lifestyle, Reports, Southeast Asia
The Asian Development Bank (ADB) reports that the developing nations of Asia and the Pacific are ill-equipped to meet the needs of their rapidly aging populations. The region’s growing elderly population faces numerous challenges, including low pension coverage,...
by Teuvo Tuomi | May 27, 2024 | ASEAN, Economy, News, Shipping, Southeast Asia, Trade
Almost a third of the vessels that were lost at sea last year were in the vicinity of the Philippines and other parts of Asia where high volumes of shipments pass through, according to global underwriter Allianz Global Corporate & Specialty (AGCS). The Safety and...
