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Tanachira Plans to Open First Marimekko Store in Singapore

Tanachira Plans to Open First Marimekko Store in Singapore

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...
ASEAN-5 Is Facing Slower Growth

ASEAN-5 Is Facing Slower Growth

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...
Singapore’s Growth Will Accelerate Next Year

Singapore’s Growth Will Accelerate Next Year

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...
Singapore’s Inflation Rises

Singapore’s Inflation Rises

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...
Singapore and Bangkok Among World’s Crypto Hubs

Singapore and Bangkok Among World’s Crypto Hubs

by Teuvo Tuomi | Feb 7, 2023 | Asia, Bangkok, Business, Economy, Singapore, Technology

According to Recap, London has come first place as the leading crypto hub in the world. But while the UK’s capital leads the race, the study found that only 11% of people in England own or use crypto, compared to 45% of people in Nigeria, which ranks 14th. Coming...
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