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Thailand’s Proposed Wage Hike Causes Concern

Thailand’s Proposed Wage Hike Causes Concern

by Teuvo Tuomi | Dec 10, 2024 | News, Business, Economy, Society, Thailand

The chairmen of the Thai Chamber of Commerce (TCC) and the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) support improving Thai workers’ income levels but are not ready to endorse the 400-baht nationwide increase. TCC chairman Sanan...
Vietnam’s Energy Sector Faces Critical Challenges

Vietnam’s Energy Sector Faces Critical Challenges

by Teuvo Tuomi | Dec 8, 2024 | Vietnam, Business, Economy, Energy, News, Technology

According to analysts, Vietnam’s energy sector faces several critical challenges. There’s also an urgent need for strategic reforms. Key issues include the transition to net-zero emissions, potential energy shortages, limited diversification of energy...
Thailand’s EV Makers Facing Sales Slump

Thailand’s EV Makers Facing Sales Slump

by Teuvo Tuomi | Dec 7, 2024 | Business, Economy, Energy, News, Technology, Thailand

Thailand’s electric vehicle (EV) makers consider leaving the government’s incentive scheme due to a market slowdown, the Electric Vehicle Association of Thailand (EVAT) reports. Launched in 2022, the EV3.0 scheme offers benefits like reduced taxes and...
Vietnam Is Finland’s Key Partner in SEA: Stubb

Vietnam Is Finland’s Key Partner in SEA: Stubb

by Teuvo Tuomi | Dec 2, 2024 | Business, ASEAN, Finland, News, Southeast Asia, Trade, Vietnam

During his recent visit to Finland, Vietnam’s Deputy Prime Minister Tran Hong Ha met with Finnish President Alexander Stubb and held talks with Finnish Deputy Prime Minister and Minister of Finance Rikka Purra. During the discussions, President Stubb and Deputy...
China Ships Almost 30 Million Mobile Phones in October

China Ships Almost 30 Million Mobile Phones in October

by Teuvo Tuomi | Dec 1, 2024 | Business, China, News, Technology

China’s mobile phone shipments rose 1.8% year-on-year in October 2024 to 29.67 million units, according to the China Academy of Information and Communications Technology (CAICT). 5G mobile phones accounted for about 90% of the October shipments, totaling 26.72...
SEA’s IPO Offerings in 2024 Send Mixed Signals

SEA’s IPO Offerings in 2024 Send Mixed Signals

by Teuvo Tuomi | Nov 23, 2024 | ASEAN, Business, Economy, Indonesia, Investment, Malaysia, News, Southeast Asia

Despite funds raised through initial public offerings (IPO) in South-east Asia have fallen to a nine-year low, the region’s capital markets seem to remain optimistic. There have been 122 IPOs in 2024 so far on the region’s key stock exchanges, comprising Singapore,...
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