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ASEAN Free Trade Spurs Rapid Growth

ASEAN Free Trade Spurs Rapid Growth

by Teuvo Tuomi | Sep 17, 2024 | ASEAN, Business, Economy, News, Southeast Asia, Trade

Trading among ASEAN countries has increased significantly since the ASEAN Free Trade Area was established in 1992. The value of inter-ASEAN trade reached US$759 billion in 2023, accounting for 21.5% of the total trade value by the member countries. Laos’ Minister of...
Asia’s Rich Worry about Succession: Study

Asia’s Rich Worry about Succession: Study

by Teuvo Tuomi | Sep 4, 2024 | Reports, ASEAN, Lifestyle, News, Society, Southeast Asia

The super rich in Southeast Asia are more worried that a lack of succession planning could lead to family disputes than those who are well-heeled in other regions, according to life insurer Transamerica Life Bermuda. 129 high net worth (HNW) advisers say that 41%...
Rural Doctors Movement Wins ‘Asian Nobel’

Rural Doctors Movement Wins ‘Asian Nobel’

by Teuvo Tuomi | Sep 2, 2024 | ASEAN, Asia, Health, News, Thailand

Thailand’s Rural Doctors Movement (RDM) has won the 2024 Ramon Magsaysay Award for its long and continuing contribution to Thai people’s health. The board of trustees of the Foundation says that the RDM was among five awardees this year. The four others are...
Southeast Asians Feel Prepared for Disasters: Study

Southeast Asians Feel Prepared for Disasters: Study

by Teuvo Tuomi | Aug 18, 2024 | ASEAN, Environment, News, Reports, Southeast Asia

A new study shows Southeast Asians feel more prepared than most in the face of disaster. In response to survey questions, people from South-East Asia scored highly in preparedness, household planning and feelings of agency when it came to disasters. Roughly two-thirds...
Thai Gold Market Surges 22% in Second Quarter

Thai Gold Market Surges 22% in Second Quarter

by Teuvo Tuomi | Aug 14, 2024 | Thailand, ASEAN, Investment, News, Southeast Asia

According to the report by the World Gold Council, Thailand’s gold bar and coin investment surged 22% year-on-year in the second quarter, reflecting ongoing weakness in the baht. Meanwhile, consumer gold demand across Southeast Asia grew by 20% year-on-year....
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