by Teuvo Tuomi | Jul 10, 2024 | Business, Economy, Lifestyle, News, Society, Thailand
Red Bull co-owner Chalerm Yoovidhya heads Thailand’s richest family according to the latest Forbes list, surpassing the Chearavanont brothers. Forbes Asia says that Mr. Chalerm’s family increased their wealth by 2.6 billion USD (95.8 billion baht) to 36...
by Teuvo Tuomi | Jul 10, 2024 | Indonesia, Business, Economy, Investment, News, Society, Visions
The US$32 billion Nusantara Capital City (IKN) project has met with another delay, as key infrastructure remains incomplete just weeks before its planned inauguration in mid-August in East Kalimantan. President Joko “Jokowi” Widodo says that the issuance of a...
by Teuvo Tuomi | Jul 8, 2024 | Cambodia, Business, Infrastructure, Innovation, Investment, News, Trade
The Regional Comprehensive Economic Partnership (RCEP) agreement and bilateral free trade agreements (FTAs) are expected to help Cambodia attract more foreign direct investment (FDIs) and boost its exports, National Bank of Cambodia’s Governor Chea Serey says....
by Teuvo Tuomi | Jul 7, 2024 | Vietnam, Business, Ho Chi Minh, Infrastructure, Lifestyle, News, Society
Real estate revenue in Ho Chi Minh City reached VND124 trillion ($4.9 billion) in the first half of the year, up 6.1% year-on-year, according to the HCMC Statistics Office. The real estate market has shown signs of recovery this year, with 3% growth in the second...
by Teuvo Tuomi | Jul 5, 2024 | Economy, Business, Inflation, Infrastructure, Innovation, Investment, News, Thailand, Tourism, Trade
Thailand’s economic growth potential is expected to hover around 3% for the next five years, according to Bank of Thailand governor Sethaput Suthiwartnarueput. This is a decline from closer to 3.5% reported in the years before the Covid-19 pandemic. Many households in...
by Teuvo Tuomi | Jul 4, 2024 | Vietnam, Business, Climate, Energy, Environment, Technology
Rooftop solar and other renewable power can now be sold directly through private transmission lines without going through Vietnam Electricity as an intermediary. Wind, biomass, micro-hydropower, geothermal, wave, and tidal energy plants are also included in the...
