by Teuvo Tuomi | Jan 9, 2024 | Cambodia, Business, Environment, News
For 2023, Cambodia exported almost 8.5 million tonnes of agricultural products, a decrease of 1.9% compared to 2022. The exports generated over 4.3 billion US dollars, with shipments of milled rice valued at over $567 million, unmilled paddy rice at $939 million, and...
by Teuvo Tuomi | Dec 29, 2023 | Laos, Economy, Travel
Laos continues faces surging inflation, a scarcity of labor, and an expanding trade deficit. In response, the nation has initiated the Visit Lao Year 2024 campaign, turning to tourism as a key strategy to overcome economic obstacles. The government officially...
by Teuvo Tuomi | Dec 14, 2023 | ASEAN, Economy, News, Southeast Asia
According to the Asian Development Bank, developing Asia’s outlook remains upbeat despite global challenges. The 2023 growth forecast is revised up from Asian Development Outlook September 2023’s projection to 4.9% from 4.7%. The 2024 forecast is maintained at 4.8%....
by Teuvo Tuomi | Dec 11, 2023 | ASEAN, Digitalization, Southeast Asia, Technology
Southeast Asia is shifting toward digital payments and other innovations in digital services, thanks to an acceleration in digital transformation during the pandemic, accounting and consulting firm PwC reports. Widespread mobile ownership, together with rapid...
by Teuvo Tuomi | Dec 5, 2023 | ASEAN, Business, China, Economy, Thailand
The latest megaproject for China could be the Land Bridge project in Thailand, which uses rail links to connect the Andaman Sea and the Gulf of Thailand and bypass Malacca entirely. The project, a replacement for the more controversial Kra Canal, was brought up by...
