by Teuvo Tuomi | May 18, 2024 | ASEAN, Business, Economy, Malaysia, News, Southeast Asia, Technology, Thailand, Trade
According to a Japanese-based online news magazine, Malaysia’s sales figures, which had come in third for a long time, topped Thailand’s through January-March 2024. According to the Malaysian Automotive Association, auto sales increased 5% in the first quarter from a...
by Teuvo Tuomi | Apr 18, 2024 | China, Economy, News, Thailand, Trade
The Thai government is considering imposing a 7% value-added tax on Chinese goods priced less than 1,500 baht (US$40) routed through Thailand’s free trade zones to protect local businesses impacted by the flood of cheap imports. Currently, goods not exceeding the...
by Teuvo Tuomi | Mar 22, 2024 | China, Business, Finland, Lifestyle, Technology
Online shopping in Finland shrank in 2023 for the second year in a row. However, buying from Chinese online stores is gaining popularity in the country, the Finnish Commerce Federation reports. “The rise of Shein and Temu can be seen in the growth of digital...
by Teuvo Tuomi | Sep 17, 2023 | Cambodia, Business, News, Vietnam
While a majority of Cambodia’s trade with the West continues to experience a slowdown, bilateral trade volume between Cambodia and Vietnam in the first eight months of 2023 has kept increasing slightly, with exports up 26.1% year-on-year, according to the General...
by Teuvo Tuomi | Jun 11, 2023 | Indonesia, Business, Economy, Malaysia
Indonesian President Joko “Jokowi” Widodo has called for stronger collaboration with Malaysia to protect palm oil products threatened by a European Union trade law he termed “discrimination”. The European Parliament adopted the new legislation...
