by Teuvo Tuomi | Apr 20, 2025 | China, Asia, Business, Investment, Malaysia, News, Trade
Chinese investments have transformed Kuantan, the capital of Pahang state, which is located on the east coast of Peninsular Malaysia. For Mazlim Husin, chief commercial officer of Kuantan Port, the Malaysia-China Kuantan Industrial Park (MCKIP) has “changed the...
by Teuvo Tuomi | Mar 19, 2025 | Business, Digitalization, Economy, Investment, Technology, Thailand
The largest company in the digital assets industry, Tether, says that Thailand’s Securities and Exchange Commission has granted acceptance of USD₮ as an approved cryptocurrency. This approval enables USD₮ to be traded within the country, facilitating its listing on...
by Teuvo Tuomi | Jan 17, 2025 | Indonesia, Investment, News, Reports, Technology
Indonesia’s standard VAT rate rose to 12% in January. This adjustment targets luxury goods and services while maintaining exemptions for essentials like staple foods and healthcare. For businesses, this change represents both a compliance challenge and an opportunity...
by Teuvo Tuomi | Jan 4, 2025 | Cambodia, Infrastructure, Lifestyle, News, Tourism
The development of a massive integrated entertainment resort in Preah Sihanouk province is progressing well. According to Lai Xiao Bo, the developer’s representative of Bay Investment, the construction of the resort is divided into zones A and B. Zone B’s...
by Teuvo Tuomi | Dec 18, 2024 | Business, Indonesia, Investment, News, Reports, Visas
Indonesia’s new Golden Visa scheme has not brought as much investment into the country as hoped, according to the year-end report from the Directorate General of Immigration. “The investment is Rp 9 trillion (US$561.7 million) as of the end of this month,” the...
