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Philippine Economy Threatened by El Niño

Philippine Economy Threatened by El Niño

by Teuvo Tuomi | Jun 30, 2023 | ASEAN, Environment, Health, Philippines

The Philippines is among the Asian countries that are most vulnerable to El Niño in terms of impact on economic growth, prompting a monetary policy rate hike, according to Nomura Group. Climate experts have announced that El Niño will bring lower-than-usual rainfall...
Global Economic Ranking Facing “Major Reshuffle”

Global Economic Ranking Facing “Major Reshuffle”

by Teuvo Tuomi | Jun 25, 2023 | ASEAN, Asia, Economy, Philippines, Southeast Asia

According to BMI Research’s report, the Philippines could join the world’s 20 biggest economies in value in less than three decades thanks to its large population and fast-improving industries. BMI expects the Philippines to be the world’s 18th-largest economy...
Jokowi Calls for Collaboration Against EU Palm Oil Discrimination

Jokowi Calls for Collaboration Against EU Palm Oil Discrimination

by Teuvo Tuomi | Jun 11, 2023 | Indonesia, Business, Economy, Malaysia

Indonesian President Joko “Jokowi” Widodo has called for stronger collaboration with Malaysia to protect palm oil products threatened by a European Union trade law he termed “discrimination”. The European Parliament adopted the new legislation...
Philippines Struggles with Increasing Wealth Gap

Philippines Struggles with Increasing Wealth Gap

by Teuvo Tuomi | May 21, 2023 | Philippines, Economy, News

In the Philippines, the National Economic and Development Authority has announced that the economy grew by 6.4% in the first three months of this year. This extends the uninterrupted period of growth of our economy that began in the second quarter of 2021. The growth...
Singapore’s New Wi-Fi Standard Promises Higher Speeds

Singapore’s New Wi-Fi Standard Promises Higher Speeds

by Teuvo Tuomi | May 13, 2023 | Technology, Business, Singapore

A new Wi-Fi standard is being rolled out in Singapore to allow more devices to be connected to a home or office network without slowdowns. The new standard also promises faster response from connected autonomous robots. Sector regulator Infocomm Media Development...
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