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Thailand Reconsiders Its Cannabis Policy

Thailand Reconsiders Its Cannabis Policy

by Teuvo Tuomi | Jan 11, 2024 | Lifestyle, Health, News, Thailand

The first Southeast Asian nation to decriminalize cannabis in 2021, Thailand created an industry worth up to a projected 1.2 billion dollars, at the same time leaving loopholes for recreational use. Insufficient regulation has led Thai authorities to propose a new...
ADB Lowers Growth Forecast for SEA

ADB Lowers Growth Forecast for SEA

by Teuvo Tuomi | Jan 10, 2024 | ASEAN, Economy, News, Southeast Asia

The Asian Development Bank (ADB) has lowered the growth outlook for Southeast Asia in 2023 from 4.6% to 4.3%. This is mainly due to weak demand for manufacturing exports. Southeast Asia’s growth forecast for 2024 has also been revised down to 4.7% from 4.8% because of...
Capital A Plans to Sell Budget Airline AsiaAsia

Capital A Plans to Sell Budget Airline AsiaAsia

by Teuvo Tuomi | Jan 9, 2024 | Travel, ASEAN, Malaysia, News, Southeast Asia

Malaysia conglomerate Capital A says it plans to sell its budget airline AirAsia to its medium-haul affiliate AirAsia X in a bid to streamline operations. Under the terms of the non-binding agreement, AirAsia Malaysia and AirAsia subsidiaries in Cambodia, Thailand,...
Cambodia’s Agriculture Exports Decrease

Cambodia’s Agriculture Exports Decrease

by Teuvo Tuomi | Jan 9, 2024 | Cambodia, Business, Environment, News

For 2023, Cambodia exported almost 8.5 million tonnes of agricultural products, a decrease of 1.9% compared to 2022. The exports generated over 4.3 billion US dollars, with shipments of milled rice valued at over $567 million, unmilled paddy rice at $939 million, and...
China’s Latest 3rd Generation Quantum Computer Starts Operations

China’s Latest 3rd Generation Quantum Computer Starts Operations

by Teuvo Tuomi | Jan 8, 2024 | China, News, Research, Technology

China’s independently developed third-generation superconducting quantum computer, Origin Wukong, has started its operation at Origin Quantum Computing Technology (Hefei) in East China’s Anhui province. The quantum computer is powered by Wukong, a 72-qubit...
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