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Technology Spending Expected to Surge in Asia Pacific: Report

Technology Spending Expected to Surge in Asia Pacific: Report

by Teuvo Tuomi | Jun 20, 2024 | ASEAN, AI, Business, Innovation, News, Reports, Southeast Asia, Technology, Visions

Recently published “Asia Pacific Tech Spend Forecast” expects tech spending in the region to remain robust and grow by a compounded annual growth rate of 6.4% to 7.4% annually, reaching US$876 billion in 2027. Over the next few years, software spending would continue...
Singaporeans Are Southeast Asia’s Top Travel Spenders

Singaporeans Are Southeast Asia’s Top Travel Spenders

by Teuvo Tuomi | Jun 18, 2024 | ASEAN, Asia, Indonesia, Lifestyle, News, Reports, Singapore, South Korea, Southeast Asia, Thailand, Travel

Tourists from Singapore, Indonesia, and Thailand are among the 10 biggest spenders in Asia while traveling abroad, according to British website Merchant Machine. The average South Koreans spend $3,040 when they go on holiday abroad, more than any other people in Asia....
Successful Launch of Vision Finland’s First Webinar in Cooperation with the Finland-Southeast Asia Business Association

Successful Launch of Vision Finland’s First Webinar in Cooperation with the Finland-Southeast Asia Business Association

by Jukka-Pekka Karppanen | Jun 13, 2024 | Partners, ASEAN, Business, Economy, EU, Finland, Southeast Asia

Thank you to everyone who participated in Vision Finland’s first webinar in cooperation with the Finland-Southeast Asia Business Association. It was wonderful to see the topics immediately spark such engaging discussions. Here is the link to the materials from...
ASEAN Announces New AI Pathway

ASEAN Announces New AI Pathway

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,...
Indonesia Receives Bulk of China’s Regional Investments

Indonesia Receives Bulk of China’s Regional Investments

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...
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