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Region’s SMEs Increase Digitalization Investments

Region’s SMEs Increase Digitalization Investments

by Teuvo Tuomi | May 1, 2023 | ASEAN, Business, Southeast Asia, Technology, Visions

Southeast Asian small and medium-sized enterprises (SMEs) plan to spend an additional US$130 billion to digitalize their business activities over the next three years, according to a recent white paper by TDCX. This is a substantial increase from US$78 billion on...
Trials at Siem Reap Angkor Airport Starting in May

Trials at Siem Reap Angkor Airport Starting in May

by Teuvo Tuomi | Apr 22, 2023 | Cambodia, ASEAN, Business, Environment, News, Southeast Asia

The Construction of Siem Reap Angkor International Airport and Yunnan Air investment Cambodia Airport management confirm the flight trials at the Siem Reap-Angkor International Airport will start by mid-May. According to the officials, the construction of the Siem...
IMF Predicts 4% Growth for Laos

IMF Predicts 4% Growth for Laos

by Teuvo Tuomi | Apr 16, 2023 | ASEAN, Economy, Laos, News, Southeast Asia

The International Monetary Fund (IMF) predicts that Laos’ economy will grow by 4% this year and in 2024. This is mainly due to China reopening its borders and removing travel restrictions, according to the IMF’s April economic outlook. “The reopening and growth...
SEA Games Will be Televised in Thailand

SEA Games Will be Televised in Thailand

by Teuvo Tuomi | Apr 15, 2023 | ASEAN, Cambodia, Entertainment, Lifestyle, News, Southeast Asia, Sports, Thailand

The Sports Authority of Thailand (SAT) has announced that live broadcasts of the 32nd Southeast Asian Games (SEA Games) will be televised for viewers in Thailand. Thailand and Cambodia are still in ongoing negotiations over licensing fees. Disputes erupted after...
ASEAN Aims to Reduce Dependence on USD

ASEAN Aims to Reduce Dependence on USD

by Teuvo Tuomi | Apr 6, 2023 | ASEAN, Business, Economy, News, Southeast Asia

The decision by Southeast Asian countries to use local currencies in intraregional trade will help reduce external risks because it will lessen dependence on international currencies such as the US dollar, experts say. Members of the Association of Southeast Asian...
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