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Thai Ministry Proposes Shutting Down Facebook

Thai Ministry Proposes Shutting Down Facebook

by Teuvo Tuomi | Aug 22, 2023 | Thailand, Business, Lifestyle, News, Technology

Thailand’s Digital Economy and Society Minister Chaiwut Thanakamanusorn is ready to submit a proposal to shut down Facebook services due to the social media platform’s inability to block fraudulent advertisements. Mr. Chaiwut says that the Ministry has attempted to...
Cambodian and Thai Banks Launch Cross-Border Payment System

Cambodian and Thai Banks Launch Cross-Border Payment System

by Teuvo Tuomi | Jun 17, 2023 | Business, Cambodia, News, Technology, Thailand, Travel

The Bank of Thailand and the National Bank of Cambodia have started facilitating convenient and secure payments between the two countries. Thai tourists can now make purchases from Cambodian merchants using cross-border QR through the mobile banking apps of Thai banks...
Jokowi Calls for Collaboration Against EU Palm Oil Discrimination

Jokowi Calls for Collaboration Against EU Palm Oil Discrimination

by Teuvo Tuomi | Jun 11, 2023 | Indonesia, Business, Economy, Malaysia

Indonesian President Joko “Jokowi” Widodo has called for stronger collaboration with Malaysia to protect palm oil products threatened by a European Union trade law he termed “discrimination”. The European Parliament adopted the new legislation...
Singapore’s New Wi-Fi Standard Promises Higher Speeds

Singapore’s New Wi-Fi Standard Promises Higher Speeds

by Teuvo Tuomi | May 13, 2023 | Technology, Business, Singapore

A new Wi-Fi standard is being rolled out in Singapore to allow more devices to be connected to a home or office network without slowdowns. The new standard also promises faster response from connected autonomous robots. Sector regulator Infocomm Media Development...
Region’s SMEs Increase Digitalization Investments

Region’s SMEs Increase Digitalization Investments

by Teuvo Tuomi | May 1, 2023 | ASEAN, Business, Southeast Asia, Technology, Visions

Southeast Asian small and medium-sized enterprises (SMEs) plan to spend an additional US$130 billion to digitalize their business activities over the next three years, according to a recent white paper by TDCX. This is a substantial increase from US$78 billion on...
Indonesia’s Positive Investment List Covers Over 200 Sectors

Indonesia’s Positive Investment List Covers Over 200 Sectors

by Teuvo Tuomi | Apr 26, 2023 | Business, Indonesia, Visions

Indonesia’s Positive Investment List allows foreign investment in over 200 business sectors, including transportation, energy, and telecommunication. Foreign investors can fully own a business in these sectors unless subject to specific limitations. The positive...
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