Samsung May Exit Vietnam, Eyes India for Production
The big tech giant, Samsung, is considering India as its next production hub due to increased tariffs imposed on Vietnamese imports by the U.S. Samsung, which nearly produces half of its smartphones and tablets in Vietnam, may look to India as a more effective and strategic alternative. India has emerged
Hefty U.S. Tariffs Threaten Southeast Asia’s Economic Gains
Southeast Asian countries found themselves grappling with economic shockwaves on Thursday as they faced some of the highest tariffs imposed by the U.S. President Donald Trump. These hefty duties now threaten the economies that previously thrived on investments since Trump’s first-term tariffs on China redirected manufacturing to the region. Vietnam,
Investors Turning to ASEAN Market Amid Easing Inflation
As the market expectations of interest rate cuts by the Federal Reserve are growing, investors are now looking forward to high-growth investing opportunities in the ASEAN market. It will derive more benefits for the market positioning to benefit from tamed inflation. Since the middle of August month, the Southeast Asian
Southeast Asia’s Hydro Capacity to Reach 18GW by 2033
Southeast Asia is setting sights on pumped storage hydropower that supports generating a clean energy powerhouse over the next few years. The region predominantly relies on fossil fuels, which account for 64% of total power generation coming from fossil fuels. As per the latest insights and research by Rystad Energy,
The Impact of 5G Technology on Asian Economies
In the digital age of innovation, emerging trends like 5G technology have paved pathways for industrial growth and new avenues of development targeting multiple sectors. Some growing countries, such as South Korea, Japan, and China, were among the first to launch commercial 5G networks globally. Asian regions have experienced variations
How Asian Startups are Disrupting Traditional Industries?
The startup ecosystem in Southeast Asia is rising with the advancement of technology. There is a high number of Asian startups and unicorns that create massive disruptions in industries. With the rapidly evolving business landscape, there is headroom for startups targeting different industries, including FinTech, Food & Beverages, eCommerce, and
Why Thailand is a Gem for New Technologies?
Thailand technology sector has been witnessing continuous growth, expanding its position as a strong economic player in Southeast Asia. Also, Thailand 4.0 was rolled out as a prominent government initiative that contributes to the growth of the digital economy and predicts a GDP rate of 25% by 2027. With an
