by Teuvo Tuomi | May 10, 2024 | News, China, Energy, Technology
China’s Ministry of Industry and Information Technology plans to launch a major update to guide the production capacity of lithium-ion batteries. Industry experts say this will knock out some low-end battery cells and accelerate the country’s high-end...
by Teuvo Tuomi | May 10, 2024 | Business, Economy, News, Philippines
High inflation and borrowing costs slowed down the first-quarter growth of the Philippine economy, causing the “Bongbong” Marcos’s government to miss its target. Gross domestic product (GDP) grew 5.7% year-on-year in the first quarter, faster than...
by Teuvo Tuomi | May 9, 2024 | Business, Crime, Health, News, Thailand
Thailand will re-list cannabis as a narcotic by year-end, according to Prime Minister Srettha Thavisin. After becoming one of the first countries in Asia to decriminalize its recreational use, the domestic retail sector for marijuana has been booming in Thailand, with...
by Teuvo Tuomi | May 8, 2024 | Economy, Exports, News, Thailand
Thailand’s economy is expected to grow 2.2-2.7% this year, down from a previous forecast of 2.8-3.3% due to a slow export recovery, the Joint Standing Committee on Commerce, Industry and Banking estimates. Exports, a key driver of the Thai economy, are now...
by Teuvo Tuomi | May 8, 2024 | Finland, Business, News, Reports, Research, Thailand
A study by the Finnish Pellervo Economic Research and the University of Vaasa have evaluated the economic impacts that two different regulatory options: that pickers coming to Finland would either have a contractual employment relationship based on seasonal work or...
