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 | 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...
by Teuvo Tuomi | May 26, 2024 | ASEAN, Culture, Lifestyle, News, Society, Southeast Asia, Thailand
Thailand’s National Economic and Social Development Council (NESDC) wants the Thai government to set up a registration system for Thai influencers and issue supportive policies for people in this occupation, including providing skills training and other...
by Teuvo Tuomi | May 22, 2024 | ASEAN, China, Digitalization, Lifestyle, News, Technology, Thailand
The Bank of Thailand (BOT) is accelerating its efforts to expand the digital payments ecosystem, aiming to make transactions more accessible and convenient for both Thai citizens and foreign visitors. A key focus of the BOT‘s initiative is the establishment of...