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Growing Elderly Population Challenges Developing Asia: ADB

Growing Elderly Population Challenges Developing Asia: ADB

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,...
Shipping Remains Risky in Southeast Asia

Shipping Remains Risky in Southeast Asia

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...
NESDC Proposes Support for Thai Influencers

NESDC Proposes Support for Thai Influencers

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...
BOT Promotes Interoperable Digital Payment Systems

BOT Promotes Interoperable Digital Payment Systems

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...
China Is Seen As Most Influential Power for ASEAN: Survey

China Is Seen As Most Influential Power for ASEAN: Survey

by Teuvo Tuomi | May 20, 2024 | ASEAN, Business, China, Economy, News, Research

Nearly 2,000 respondents from ASEAN countries identify China as the most influential economic power in the region, according to a survey by the ISEAS-Yusof Ishak Institute in Singapore titled “State of Southeast Asia 2024.” In Laos and Thailand, 78% and 71% of...
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