Southeast Asia poised to become global AI hub
Since January last year, tech giants such as Microsoft, Google, and Amazon committed to injecting $50 billion in the region’s AI sector.
Economic Affairs
AI-powered report highlights Cambodia’s climate risks and economic impacts
The National Committee for Disaster Management and the UN World Food Programme unveiled their report last December 6, marking the first use of AI and geospatial data to assess and…
Insurance premiums in Malaysia face scrutiny as hike comes amid record profits by private hospitals, insurers
It was earlier reported that medical insurance premiums are expected to rise by between 40% and 70% next year, based on notices sent by insurance providers to policyholders.
Fewer marriages among young Indonesians hurt wedding industry
Last year, the archipelago only saw 1.57 million couples tying the knot, according to Statistics Indonesia (BPS), a fall from over 2 million in 2018.
Tourism Authority of Thailand projects 40 million foreign tourists in 2025, revenue to rise 7.5%
Authority will also ask airlines from India and China – two of Thailand’s largest tourism markets – to increase flights to the kingdom.
Gold price continues to tumble in Nepali market
The decision to slash the duty on gold customs was made during a cabinet meeting on December 4. This move aims to address the imbalance caused by Nepal’s higher gold duty…
Customs Department braces for dumping of goods in Thailand, says chief
Theerat Atthanawanit, customs director-general, said the department expected more goods to flow into Thailand after Donald Trump takes office early next year as US president and…
NVIDIA to build AI research and data centres in VN
The research centre – officially called the Vietnam Research and Development Center (VRDC) – and the AI Data Centre will serve as platforms to help NVIDIA and its local…
Philippine inflation quickens to 2.5% in November
This comes on the back of higher food prices following the onslaught of powerful typhoons late in the season.
Singapore among preferred destinations for billionaires, with 47 in the country
Their combined wealth is at US$155.5 billion.