by Teuvo Tuomi | Jun 10, 2024 | News, Business, Economy, Manufacturing, Philippines
Factory output in the Philippines bounced back in April, buoyed by higher food manufacturing production, from a contraction in the previous month, the Philippine Statistics Authority (PSA) reports. Preliminary results of the PSA’s latest Monthly Integrated Survey of...
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...
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...
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...
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...
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...
