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Singapore’s EV Adaptation Fastest in SEA

Singapore’s EV Adaptation Fastest in SEA

by Teuvo Tuomi | Sep 9, 2024 | Singapore, Business, News, Sustainability, Technology

Singapore is forecast to have the largest share of passenger electric vehicles (EVs), 80% of all vehicles, in Southeast Asia by 2040, according to BloombergNEF. Meanwhile, the regional average is expected to be only 24%. Thailand, in second place, is forecast to have...
Laos and Vietnam Launch Cross-Border Micropayments

Laos and Vietnam Launch Cross-Border Micropayments

by Teuvo Tuomi | Sep 3, 2024 | Laos, Business, Innovation, News, Trade, Vietnam

Laos and Vietnam are set to Launch a new payment system enabling direct trade transactions in kip and dong currencies. Starting in September, the cross-border micropayment system will allow Vietnamese consumers to pay in Laos using QR codes. The Vietnam-Laos...
Thai Government Committed to Land Bridge

Thai Government Committed to Land Bridge

by Teuvo Tuomi | Sep 2, 2024 | Asia, Business, News, Thailand, Transportation

The Pheu Thai-led government is committed to the land bridge project with the aim of maximizing benefits for the people and the country and promoting sustainable economic growth, Deputy Prime Minister and Minister of Transport Suriya Juangroongruangkit says. The...
Investments Up 161% in Cambodia: CDC

Investments Up 161% in Cambodia: CDC

by Teuvo Tuomi | Aug 31, 2024 | Cambodia, Business, Economy, News, Reports

From September 2023 to August 2024, the Council for the Development of Cambodia (CDC) approved 391 new and expanded projects. This amounts to over $7.5 billion in investment, created about 340,000 jobs. This is also an increase of 168 projects over the previous year....
Harley-Davidson to Move Some Production to Thailand

Harley-Davidson to Move Some Production to Thailand

by Teuvo Tuomi | Aug 29, 2024 | Business, Investment, News, Thailand, Trade

US motorcycle icon Harley-Davidson will move the production of three models to Thailand starting 2025. This decision that has caused concern among American customers and workers. The company says the Pan America, Sportster S, and Nightster models will be produced at...
Three Thai Startups Make It to Forbes Watch List

Three Thai Startups Make It to Forbes Watch List

by Teuvo Tuomi | Aug 28, 2024 | Asia, Business, News, Reports, Thailand

Three Thai companies are featured in the latest Forbes Asia 100 to Watch list. Hungry Hub is an online restaurant booking platform that also lets users view discounts and pay for their meals in advance. Through Hungry Hub, users can search for restaurants by cuisine,...
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