by Teuvo Tuomi | Mar 15, 2024 | Korea, China, News, Technology, Trade
Alibaba Group, a Chinese technology company, has submitted its business expansion plan in South Korea, including an investment of 1.1 billion USD, industry sources say. The investment plan includes a new distribution center worth about $200 million on a...
by Teuvo Tuomi | Mar 14, 2024 | Business, Cambodia, Lifestyle, News, Society
Minister of Women’s Affairs Ing Kantha Phavi says Cambodia is one of the top countries in the world when it comes to women’s involvement in business ownership. Up to 70% of the Kingdom’s businesses are female-owned, according to the 2022 Economic Census. “We are...
by Teuvo Tuomi | Mar 13, 2024 | ASEAN, Cambodia, News, Southeast Asia, Travel
Cambodia and Malaysia achieved the highest tourism recovery rates in Southeast Asia. Cambodia’s tourism recovery rate in 2023 was the highest in Southeast Asia at 82.5% of pre-pandemic levels, followed by Malaysia at 77.2%, according to a report by travel research...
by Teuvo Tuomi | Mar 12, 2024 | Vietnam, Lifestyle, News
According to a report by the Italy-based economic think tank Center for Industrial Studies, Vietnam was the sixth-highest furniture producer in the world in 2023. Vietnam has moved from 13th place in 2014, CSIL reports. The five largest furniture producers are China,...
by Teuvo Tuomi | Mar 11, 2024 | Malaysia, Lifestyle, News, Reports
Malaysia has been listed as the fifth happiest country in the world by the Global Mind Project’s fourth annual “Mental State of the World” report. Topping the list was the Dominican Republic, followed by Sri Lanka, Tanzania, Panama, Malaysia, Nigeria, Venezuela, El...
