by Teuvo Tuomi | Mar 24, 2024 | Business, Economy, Laos, News
The Lao government has announced plans to raise the value-added tax (VAT) rate from 7% to 10% as part of efforts to increase budget revenue and support economic and social development in the country. The decree still lacks specific details regarding the implementation...
by Teuvo Tuomi | Mar 23, 2024 | China, News, Technology, Visions
China’s first homegrown hydrogen-powered train has completed its full-load running test at 160 kph. Equipped with a built-in hydrogen power system, the train’s average energy consumption per kilometer was 5 kWh during the test. This is on par with...
by Teuvo Tuomi | Mar 22, 2024 | China, Business, Finland, Lifestyle, Technology
Online shopping in Finland shrank in 2023 for the second year in a row. However, buying from Chinese online stores is gaining popularity in the country, the Finnish Commerce Federation reports. “The rise of Shein and Temu can be seen in the growth of digital...
by Teuvo Tuomi | Mar 21, 2024 | Finland, ASEAN, Lifestyle, Society, Southeast Asia
According to the fresh World Happiness Report, Finland remains the world’s happiest country for the seventh straight year. This year, 143 countries were listed. Of ASEAN countries appearing on the list, Singapore ranks 30th, while the Philippines comes in 53rd place....
by Teuvo Tuomi | Mar 21, 2024 | Vietnam, Business, Lifestyle, Travel
The ancient city of Hoi An has been named “Asia’s Best Corporate Retreat Destination” at this year’s World MICE Awards ceremony in Germany. It beat Bali (Indonesia), Jaipur (India), Kyoto (Japan), Langkawi (Malaysia), Phuket (Thailand), and Siem Reap...
