by Teuvo Tuomi | Sep 23, 2024 | Thailand, Banking, Business, Digitalization, News, Visions
Despite receiving several applications from interested operators, the Bank of Thailand wants to grant only three virtual bank licenses. The central bank will issue licenses it deems appropriate to maintain the stability of the domestic financial market and safeguard...
by Teuvo Tuomi | Sep 22, 2024 | Indonesia, Business, Reports, Society
Hiring in Indonesia requires some knowledge. With over 130 million people in the workforce, Indonesia is one of the largest labor markets in Southeast Asia. The population is predominantly young, providing a pool of potential employees. Most of the Indonesians are...
by Teuvo Tuomi | Sep 22, 2024 | Vietnam, Aviation, Ho Chi Minh, News, Travel
Construction of Terminal 3 at Ho Chi Minh City’s Tan Son Nhat Airport is 90% complete with structural work done and installations underway. The terminal is set to open in April 2025, two months ahead of schedule, with a capacity of 20 million passengers annually....
by Teuvo Tuomi | Sep 22, 2024 | China, Laos, News, Trade, Transportation
The China-Laos Railway has handled over 10 million tons of goods worth almost 41 billion yuan (US$5.76 billion) since its opening in December 2021, the Xinhua News Agency reports. In the first eight months of 2024, the line’s total freight volume was up 22.8%...
by Teuvo Tuomi | Sep 21, 2024 | China, Business, Economy, News
The Shanghai Composite Index, a benchmark of Chinese A shares, went up 0.69% to close at 2,736.02 points on Thursday, amid a wider rebound of emerging market stocks. Following the trend, the MSCI index for emerging markets surged 1.09% on Thursday evening. Meanwhile,...
