by Teuvo Tuomi | Apr 16, 2023 | Asia, Health, News, Singapore
India has been hit by a surge of Covid-19 cases, driven by a new sub-variant known as Arcturus. The World Health Organisation (WHO) said it is monitoring this Omicron sub-variant XBB.1.16 strain, which is also found in over 20 countries, including Singapore. It was...
by Teuvo Tuomi | Mar 26, 2023 | Business, Finland, Lifestyle, News, Singapore, Southeast Asia, Thailand
Tanachira Retail Corporation, the importer and distributor of the Finnish fashion icon Marimekko and some other major brands is planning to have its initial public offering (IPO) with Thailand’s Securities and Exchange Commission next month. Tanachira’s...
by Teuvo Tuomi | Mar 11, 2023 | ASEAN, Business, Economy, Southeast Asia
With the exception of Thailand, the five largest economies in Southeast Asia (ASEAN-5) will show lower growth this year. The main reasons for this are tight financial conditions and weak external demand, according to Atradius. Growth of private consumption and...
by Teuvo Tuomi | Mar 9, 2023 | Singapore, Business, Economy, News
Singapore’s economy should grow faster next year than this year, while inflation will likely ease this year and drop further in 2024, a quarterly survey of private sector economists by the Monetary Authority of Singapore (MAS) reveals. The forecasts for the...
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...
