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Thailand Falls in Ease of Doing Business Ranking

Thailand Falls in Ease of Doing Business Ranking

by Teuvo Tuomi | Sep 27, 2024 | ASEAN, Business, News, Thailand

Thailand fell three places from 2022 to 12th among Asia-Pacific nations in terms of ease of doing business, according to a survey by the Asia Securities Industry and Financial Markets Association (ASIFMA). Among the 13 economies ranked last year, Singapore was the...
SpaceX Aims to Invest 5 Billion USD for Starlink in Vietnam

SpaceX Aims to Invest 5 Billion USD for Starlink in Vietnam

by Teuvo Tuomi | Sep 26, 2024 | Business, Digitalization, Innovation, Investment, Technology, Vietnam

SpaceX is proposing to invest 5 USD billion in Vietnam for the company’s Starlink satellite service soon, the Southeast Asian country’s government says. The statement came after a meeting in New York between Vietnamese President To Lam and Tim Hughes,...
China Ponders Injecting Capital into Its Banks

China Ponders Injecting Capital into Its Banks

by Teuvo Tuomi | Sep 26, 2024 | China, Banking, Business, Economy, Investment, News

China is considering injecting up to 1 trillion yuan ($142.39 billion) of capital into its biggest state banks to increase their capacity to support the economy. The move is part of broad stimulus measures Beijing introduced this week to boost China’s...
Nokia and Viettel to Develop 5G Across Vietnam

Nokia and Viettel to Develop 5G Across Vietnam

by Teuvo Tuomi | Sep 26, 2024 | Business, Digitalization, Economy, Finland, News, Technology, Vietnam

Nokia and Vietnamese Viettel will jointly deploy 5G equipment for the first time across Vietnam later this year, the Finnish company confirms. The project will cover 22 provinces across the country and support Viettel’s strategy of advancing 5G infrastructure and...
Lumi and Pyry to Be Returned to China

Lumi and Pyry to Be Returned to China

by Teuvo Tuomi | Sep 26, 2024 | China, Entertainment, Finland, Lifestyle, News, Tourism

Finland will return Lumi and Pyry, two giant pandas to China in November, more than eight years ahead of time because the zoo where they live can no longer afford their upkeep, says Risto Sivonen, the chairman of the Ähtäri Zoo’s board. The pandas were brought to...
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