by Teuvo Tuomi | Feb 24, 2023 | Travel, Business, Culture, Economy, Lifestyle, Thailand
The tourism industry in Pattaya is experiencing an increase in spending by tourists from Korea, Hong Kong, Taiwan, and Vietnam. Currently, about 40% of tourists in Pattaya are local Thai, 60% being foreigners. Tourism Authority of Thailand Pattaya Director Anoma...
by Teuvo Tuomi | Feb 23, 2023 | ASEAN, Business, Economy, News, Singapore, Southeast Asia
Singapore’s key consumer prices rose 5.5% in January, faster than the preceding month but slightly below forecast, official data shows. A Reuters poll of economists had forecast a 5.6% increase in January. The core inflation rate is higher than the 5.3% seen in...
by Teuvo Tuomi | Feb 22, 2023 | Indonesia, Economy, News, Technology
The Indonesian Government is targeting to pull in Rp1,650 trillion (about 102 million euros) in investment in 2024, Indonesia’s Coordinating Minister for Economic Affairs, Airlangga Hartarto says. President Joko Widodo Jokowi wants to also expedite the...
by Teuvo Tuomi | Feb 19, 2023 | Asia, Economy, Japan, News
The Bank of Japan will start a new test on the feasibility of a central bank digital currency in April. The test will be joined by private-sector companies including payment service providers and financial institutions. The Japanese central bank kicked off the first...
by Teuvo Tuomi | Feb 17, 2023 | Business, Economy, News, Thailand
Thailand’s economic growth slowed more than expected in the fourth quarter of 2022 as exports and manufacturing declined. However, the tourism sector should continue to help the recovery this year, the National Economic and Social Development Council (NESDC)...
