by Teuvo Tuomi | Jan 7, 2023 | ASEAN, Economy, Laos, News, Southeast Asia
Inflation in Laos skyrocketed to 39.27% in December. This is the highest of the year and up from November’s 38.46%, according to the Lao Statistics Bureau (LSB). Food and non-alcoholic beverage prices rose by about 45% last month, while healthcare equipment and...
by Teuvo Tuomi | Jan 6, 2023 | ASEAN, Asia, Business, Cambodia, Economy, News, Southeast Asia, Thailand
The proposal for a joint development area (JDA) for oil and gas exploration in the overlapping claims between Thailand and Cambodia in the Gulf of Thailand has been discussed at a Thai Cabinet meeting. During the discussions, Deputy Prime Minister Gen Prawit Wongsuwan...
by Teuvo Tuomi | Dec 30, 2022 | Linkss, ASEAN, Economy, News, Southeast Asia, Vietnam
Vietnam’s economy grew by 8% this year. According to the General Statistics Office of Vietnam (GSO), this is the biggest rise since 2011. Manufacturing, construction, and processing were major economic drivers at 8.1%, contributing over 38% to the total GDP. The...
by Teuvo Tuomi | Dec 22, 2022 | ASEAN, Asia, Health, Lifestyle, Singapore
The pandemic has significantly affected the health of Singaporeans, with fewer of them engaging in physical activity and the country seeing a drop in the number of people going for chronic disease and recommended cancer screening, according to the Ministry of Health...
by Teuvo Tuomi | Dec 9, 2022 | ASEAN, Business, Economy, News, Southeast Asia
Salaries in Southeast Asia are expected to increase slightly for 2023 compared to 2022, a study by Aon plc says. Inflation has been playing a significant role in how salaries look across the region. But they have also been driven by supply and demand in the talent...