by Teuvo Tuomi | Nov 27, 2022 | Business, ASEAN, Southeast Asia, Vietnam, Visions
It’s been an unexpected and very peculiar year in Vietnam. In 2022 the stock market of Asia’s fastest-growing, most competitive, and the least-indebted country faced a total crash. In a year of excellent earnings growth, the Vietnam stock market has plummeted...
by Teuvo Tuomi | Nov 17, 2022 | ASEAN, Business, Economy, News, Southeast Asia
At the G20 Summit in Bali, the central banks of Indonesia, Malaysia, the Philippines, Singapore, and Thailand entered a memorandum of understanding to start using QR codes for international payments between the five countries, without the need to use the US dollar....
by VF | Sep 16, 2022 | Linkss, ASEAN, Asia, Business, Southeast Asia, Technology
Through its subsidiary PT VKTR Teknologi Mobilitas, PT Bakrie & Brothers is the latest Indonesian conglomerate to enter the country’s nascent electric vehicle industry, collaborating with two state-owned enterprises. VKTR will work with heavy equipment...
by VF | Sep 3, 2022 | ASEAN, Asia, Business, Economy, Southeast Asia, Technology
The first set of Chinese-made train cars for Indonesia’s high-speed railway has arrived in Jakarta. The 142.3-kilometer (88.4-mile) railway worth $5.5 billion is being constructed by PT Kereta Cepat Indonesia-China, a joint venture between an Indonesian consortium of...
by VF | Aug 16, 2022 | ASEAN, Business, Economy, Southeast Asia, Travel
Southeast Asia relies heavily on tourism. That’s why, following the easing of coronavirus-related entry restrictions, many LCCs in the region have announced a major step-up in-flight service. New airlines are emerging, too. In Indonesia last year, Super Air Jet...
