by Teuvo Tuomi | Jul 17, 2024 | ASEAN, Business, Cambodia, Economy, Philippines, Singapore, Southeast Asia, Vietnam
The ASEAN+3 Macroeconomic Research Office (AMRO) has revised Vietnam’s economic growth forecast to 6.3% for 2024 in its latest update. The growth rate is 0.3% higher than the April forecast. It is also the highest among ASEAN countries for 2024. The Singapore-based...
by Teuvo Tuomi | Jan 21, 2024 | ASEAN, Business, Economy, News, Thailand
Prime Minister Srettha Thavisin says Thailand should not continue to use low labor costs as an incentive to draw foreign investments. He also urges ASEAN countries to work together to increase their minimum wages. “The attractive points should be clean energy, good...
by Teuvo Tuomi | Dec 3, 2023 | ASEAN, Finland, Indonesia, Malaysia, Singapore, Technology, Thailand
Singapore has been in the top five of the IMD World Digital Competitiveness Ranking for several years, ending up third this year. The island nation excels in technology and the regulatory, capital, and technological frameworks. Finland was once again placed among the...
by VF | Feb 14, 2021 | ASEAN, Business, News
According to Kyodo, the exports from six Southeast Asian countries fell only 2.2 percent in 2020 from a year earlier to a combined $1.35 trillion. This is a relatively small decline despite the coronavirus pandemic hitting the region and other parts of the world,...
