by Teuvo Tuomi | Jan 26, 2025 | Business, ASEAN, Asia, Economy, News, Vietnam
Vietnam is forecast to achieve a growth rate of 6.5% in 2025, maintaining its position among the fastest-growing economies in the ASEAN+3 region, according to the ASEAN+3 Macroeconomic Research Office (AMRO)’s report. This projection is lower than the country’s...
by Teuvo Tuomi | Jan 20, 2025 | Business, Economy, Manufacturing, News, Thailand
The Thai industrial sentiment index dropped for the first time in three months in December, falling to 90.1 in December from 91.4 in November. The sentiment was hurt by weak domestic demand and competition from Chinese products, the Federation of Thai Industries says....
by Teuvo Tuomi | Jan 20, 2025 | Economy, Equality, Indonesia, News, Reports
Indonesia has a historically low poverty rate, according to the latest survey conducted by Statistics Indonesia (BPS). However, inequality has worsened. The poverty rate for September was at 8.57%, the first time the indicator has ever dropped below 9%. “This is the...
by Teuvo Tuomi | Jan 9, 2025 | Economy, Indonesia, News, Southeast Asia
To bolster its economy, Indonesia has joined the BRICS economic alliance, founded by Brazil, Russia, India, China, and South Africa. This development coincides with President Prabowo Subianto’s ambitious target of achieving 8% GDP growth. As Jakarta aligns itself with...
by Teuvo Tuomi | Dec 31, 2024 | ASEAN, Asia, Business, Economy, Indonesia, Malaysia, News, Singapore, Thailand
We all hope that 2025 will start on a positive note. Here are some of the main regional topics for the January 2025, listed by Nikkei Asia: Malaysia takes up ASEAN chair Malaysia takes up the rotating chair of the Association of Southeast Asian Nations (ASEAN) as...
