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Battle for Three Thai Virtual Bank Licenses Is Heating Up

Battle for Three Thai Virtual Bank Licenses Is Heating Up

by Teuvo Tuomi | Aug 21, 2024 | News, Digitalization, Technology, Thailand

According to an insider, five companies and joint ventures have applied to establish a virtual bank in Thailand after the Bank of Thailand (BOT) opened applications in March. After applications close on 19 September, the BOT will select three qualified operators to...
Finnish Labor Market Increasingly Divided into Winners and Losers: Chamber of Commerce

Finnish Labor Market Increasingly Divided into Winners and Losers: Chamber of Commerce

by Teuvo Tuomi | Aug 20, 2024 | Finland, Economy, News, Reports

Finland’s employment figures reveal underlying concerns, according to Jukka Appelqvist, Chief Economist at the Central Chamber of Commerce. Data released by Statistics Finland shows that both employment and unemployment numbers have risen compared to last July....
Vietnam’s Rice Exports Soar in Volume and Value

Vietnam’s Rice Exports Soar in Volume and Value

by Teuvo Tuomi | Aug 20, 2024 | Vietnam, Exports, Food & Drinks, Lifestyle, News

Vietnam’s rice exports are projected to exceed 5 billion USD this year, fueled by robust global demand and stable prices. Between January and July, Vietnam shipped over 5.1 million tonnes of rice worth 3.2 billion USD aboard, up 25% in volume and 5.8% in value...
Floating Solar Power Plant Will Be Built in West Java

Floating Solar Power Plant Will Be Built in West Java

by Teuvo Tuomi | Aug 19, 2024 | Indonesia, Energy, Environment, News, Technology

State-owned PT PLN Indonesia Power is collaborating with a Saudi Arabian company to construct a 60-megawatt floating solar power plant on the Saguling Reservoir in West Java. The project aims to bolster Indonesia’s renewable energy sector, according to the PLN...
Vietnam’s Data Centers Open to Foreign Investors

Vietnam’s Data Centers Open to Foreign Investors

by Teuvo Tuomi | Aug 18, 2024 | Vietnam, Investment, News

Vietnam’s cloud and data center industries are now open to 100% foreign ownership through the implementation of the revised Telecommunications Law. The new law, which came into force in July 2024, does not restrict foreign investment in providing digital services,...
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