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Suzuki Motor to Halt Car Production in Thailand

Suzuki Motor to Halt Car Production in Thailand

by Teuvo Tuomi | Jun 8, 2024 | Thailand, Business, Investment, Japan, Manufacturing, News

Suzuki Motor will halt production of cars and trucks in Thailand by the end of next year to focus resources on producing electric and hybrid vehicles elsewhere, the company says. The Japanese automaker plans to continue its sales and after-sales services in Thailand...
Indonesia Receives Bulk of China’s Regional Investments

Indonesia Receives Bulk of China’s Regional Investments

by Teuvo Tuomi | Jun 7, 2024 | ASEAN, Asia, Business, China, Indonesia, Investment, Reports, Southeast Asia, Technology

In 2023, Southeast Asia received around 50% of China’s regional investments, marking a 27% increase from the previous year. Indonesia emerged as the leading recipient of these funds, attracting approximately US$7.3 billion. During a bilateral meeting at the Merdeka...
SuperPark Opens Second Branch in the Philippines

SuperPark Opens Second Branch in the Philippines

by Teuvo Tuomi | Jun 7, 2024 | Technology, Business, Entertainment, Lifestyle, Manufacturing, News, Philippines

The Finnish indoor playground SuperPark is launching its second branch in Taguig, the Philippines. The first branch by the Finnish company SuperPark in October 2023 became a huge success, according to Graham Coates, first vice president and head of Megaworld Lifestyle...
Cambodia and Finland Continue Strengthening Socio-Economic Ties: Ambassador Järviaho

Cambodia and Finland Continue Strengthening Socio-Economic Ties: Ambassador Järviaho

by Teuvo Tuomi | Jun 5, 2024 | Cambodia, Business, Education, Finland, News, Trade, Visions

In a farewell call with Cambodian Prime Minister Hun Manet on 4 June at the Peace Palace, outgoing Finnish Ambassador to Cambodia Jyri Järviaho informed the premier that, during his four-year diplomatic mission in Cambodia, he had witnessed the strengthening and...
Vietnam Among Startup Leaders in Southeast Asia

Vietnam Among Startup Leaders in Southeast Asia

by Teuvo Tuomi | Jun 5, 2024 | News, Business, Innovation, Investment, Technology, Vietnam

According to statistics from the National Agency for Technology Entrepreneurship and Commercialisation Development, Vietnam has currently about 3,800 startups. 11 of these are valued at over US$100 million, and three start-ups are valued at over $1 billion, including...
Vietnam’s Industrial Production Surges

Vietnam’s Industrial Production Surges

by Teuvo Tuomi | Jun 2, 2024 | Economy, Business, Manufacturing, News, Vietnam

Vietnam’s industrial production index (IIP) grew by 3.9% over April and 8.9% compared to the same period last year, according to the General Statistics Office (GSO). The GSO said the IIP in the first five months soared 6.8% year-on-year. The manufacturing and...
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