by Teuvo Tuomi | Jan 16, 2024 | Cambodia, Economy, News
Cambodia exported about 11 billion US dollars worth of garment, footwear, and travel products in 2023, decreasing 12%, the General Department of Customs and Excise reports. Apparel and textiles accounted for over 8 billion dollars in 2023, a drop of 11% from a year...
by Teuvo Tuomi | Jan 15, 2024 | Asia, Economy, News, Visions
Since 2020, the richest five men in the world have doubled their fortunes, Oxfam reports. At the same time, almost five billion people globally have become poorer. Hardship and hunger are a daily reality for many people worldwide. At current rates, it will take 230...
by Teuvo Tuomi | Jan 14, 2024 | Laos, News, Technology
Lao Telecom has officially unveiled Laos’s first-ever 5G high-speed internet service. 5G offers up to 20 Gbps peak data rates and over 100 Mbps average rates. With increased capacity, it supports a hundred times surge in traffic, enhancing network efficiency and...
by Teuvo Tuomi | Jan 13, 2024 | Thailand, Culture, Lifestyle, Travel
Deputy Prime Minister of Thailand, Somsak Thepsuthin, wants to seek a Cabinet endorsement of the “wai” becoming Thailand’s official national identity. Wai is the most common greeting used by natives of Thailand. It involves bringing one’s palms together while...
by Teuvo Tuomi | Jan 12, 2024 | Economy, News
The World Bank forecasts just 2.4% global economic growth year on year in 2024. High interest rates remain a major factor. Excluding the contraction of the global economy in 2020 due to the impact of the COVID-19 pandemic, the growth rate of 2024 will be the lowest...