by Teuvo Tuomi | Feb 25, 2023 | ASEAN, Business, Economy, Environment, Southeast Asia, Technology, Vietnam
European manufacturers are considering investing hundreds of millions of dollars in Vietnam to build wind turbine plants as the country gears up to exploit its untapped potential in offshore wind, Reuters reports. According to the World Bank Group,...
by Teuvo Tuomi | Feb 23, 2023 | ASEAN, Business, Economy, News, Singapore, Southeast Asia
Singapore’s key consumer prices rose 5.5% in January, faster than the preceding month but slightly below forecast, official data shows. A Reuters poll of economists had forecast a 5.6% increase in January. The core inflation rate is higher than the 5.3% seen in...
by Teuvo Tuomi | Feb 22, 2023 | Indonesia, Economy, News, Technology
The Indonesian Government is targeting to pull in Rp1,650 trillion (about 102 million euros) in investment in 2024, Indonesia’s Coordinating Minister for Economic Affairs, Airlangga Hartarto says. President Joko Widodo Jokowi wants to also expedite the...
by Teuvo Tuomi | Feb 16, 2023 | ASEAN, Indonesia, News
As the chair of ASEAN this year, Indonesia is preparing a road map to support the full membership of the Democratic Republic of Timor Leste in the regional association. Indonesian President Joko Widodo (Jokowi) made the announcement in a joint statement issued with...
by Teuvo Tuomi | Feb 14, 2023 | ASEAN, Economy, Malaysia, News, Southeast Asia
Malaysia has no plans to reintroduce a goods and services tax (GST) or any other broad-based consumption tax, Prime Minister Anwar Ibrahim says. The government will instead look to reduce subsidies enjoyed by the wealthy. Malaysia offers subsidies to all citizens,...
