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Record Number of Green Power Certificates Traded in China

Record Number of Green Power Certificates Traded in China

by Teuvo Tuomi | Jul 12, 2024 | Climate, Business, China, Energy, Environment, Lifestyle, News, Sustainability, Visions

Almost 25 million green power certificates, corresponding to 24.8 billion kilowatt-hours of electricity generated from renewable sources, have been traded in the last week of June on the Guangzhou Power Exchange Center in Guangdong province. This marks China’s...
Thailand’s GDP Unlikely to Grow as Expected: NESDC

Thailand’s GDP Unlikely to Grow as Expected: NESDC

by Teuvo Tuomi | Jul 12, 2024 | Business, Economy, News, Thailand

Thailand’s GDP growth is unlikely to increase in the second half of this year as anticipated by the Bank of Thailand (BOT), according to the chairman of the National Economic and Social Development Council (NESDC), Mr. Supavud Saicheua. Supavud says the...
Red Bull Now the Richest Family in Thailand

Red Bull Now the Richest Family in Thailand

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...
Nusantara Faces Another Delay

Nusantara Faces Another Delay

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...
FTAs Help Cambodia Attract More Foreign Investment: National Bank

FTAs Help Cambodia Attract More Foreign Investment: National Bank

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....
Ho Chi Minh’s Real Estate Revenue Surges Over 6%

Ho Chi Minh’s Real Estate Revenue Surges Over 6%

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...
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