by Teuvo Tuomi | Mar 18, 2023 | Laos, Lifestyle, Travel
Laos may struggle with the expected surge in Chinese visitors arriving on the Laos-China railway from Kunming, the capital of neighboring Yunnan province in China, President of the Hotel and Restaurant Association Pakasith Chathapaya says. “My concern is that our...
by Teuvo Tuomi | Mar 16, 2023 | ASEAN, Asia, Economy, Environment, Japan, Southeast Asia
Japan plans to apply for ASEAN comprehensive strategic partnership (CSP) status, to commemorate the 50th anniversary of Japan and ASEAN Relations. Japan had already submitted a concept paper to the ASEAN Secretariat about its upcoming plan regarding the application...
by Teuvo Tuomi | Mar 15, 2023 | Economy, Asia, Business, Indonesia, News
Indonesian Trade Minister Zulkifli Hasan would like Indonesia and India immediately start negotiating the bilateral Preferential Trade Agreement (PTA), which has been under consideration since 2020. “The PTA can optimize the economic potentials of the two...
by Teuvo Tuomi | Mar 14, 2023 | Vietnam
Vietnam’s economic growth is projected to ease to 6.3% in 2023 from 8% last year. Services growth moderates and high prices and interest rates are weighing on households and investors this year, the World Bank warns. Source: click HERE.
by Teuvo Tuomi | Mar 13, 2023 | Asia, Business, Economy, News
Shares of banks in Asia slumped on Monday after the collapse of a U.S. startup-focused bank. The U.S. administration announced on Sunday a series of emergency measures to shore up confidence in the banking system following the failure of Silicon Valley Bank...