by Teuvo Tuomi | Nov 26, 2023 | Vietnam, News, Technology
Intel has confirmed its plans to expand investment in Vietnam. The move aims to enhance Intel’s existing 1.5 billion USD factory in the country. Ace Wilson, the chief financial officer of Intel Vietnam, said Vietnam continues to be a critical part of its global...
by Teuvo Tuomi | Oct 7, 2023 | Economy, Indonesia, News, Technology
The World Bank praises Indonesia over recent legal changes encouraging investment in the country. At the same time, it says Jakarta has not done enough to reform trade policies that are hurting the manufacturing sector. World Bank chief economist for the East Asia and...
by Teuvo Tuomi | Mar 5, 2023 | ASEAN, Business, Economy, Southeast Asia, Technology
According to the Asian Development Bank (ADB) and the International Monetary Fund (IMF), the Southeast Asian (SEA) economy is forecasted to grow by 4.7% in 2023, much faster than the global average of 2.7%. Some reports even suggest that ASEAN is on track to become...
