by VF | Sep 7, 2022 | Business, ASEAN, Asia, Economy, News, Southeast Asia
The Regional Comprehensive Economic Partnership agreement (RCEP) came into effect on 1 January this year. The pact has resulted in the growth of China’s exports to other member countries of the agreement. During the first six months of 2022, exports and imports...
by VF | Aug 16, 2022 | ASEAN, Business, Economy, Southeast Asia, Travel
Southeast Asia relies heavily on tourism. That’s why, following the easing of coronavirus-related entry restrictions, many LCCs in the region have announced a major step-up in-flight service. New airlines are emerging, too. In Indonesia last year, Super Air Jet...
by VF | Jul 22, 2022 | Linkss, Asia, Business, Economy, News
After having a tight monetary policy for a year, Asian central banks are suddenly forced to rethink their monetary policy in order to tackle rising inflation and defend weakening currencies. Singapore and the Philippines surprised markets with unscheduled tightening...
by VF | Jul 11, 2022 | ASEAN, Asia, Business, News, Technology
5G connections in Asia-Pacific are expected to increase fourfold from this year’s level to 400 million in 2025. At the same time, the industry’s consolidation and the metaverse are gathering momentum in the region, according to a report by the GSM...
by VF | Jul 3, 2022 | Asia, Business, Economy, News
On 2 July 1997, Thailand gave up the dollar peg and devalued the baht. Asia’s economic crisis – also known as the Tom Yam Kung crisis (วิกฤตต้มยำกุ้ง) – had officially begun. What did the Asian countries learn from this major event that started 25...
