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...
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...
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...
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,...
by Teuvo Tuomi | Nov 21, 2024 | ASEAN, Asia, Banking, Business, Digitalization, Economy, Technology
Capgemini projects instant payments accounting for 22% of noncash transactions by 2028, the Standard Charters research institute reports. The Asia Pacific region is leading this trend with a 20% year-on-year increase in noncash transactions, outpacing growth in Europe...
by Jukka-Pekka Karppanen | Nov 14, 2024 | China, ASEAN, Asia, Business, Economy, Investment, Manufacturing, Partners
China Plus One Strategy Leveraging ASEAN for Resilient Growth and Strategic Advantage Amid trade wars and geopolitical uncertainty, the China Plus One Strategy helps businesses strengthen their strategic positioning, enable growth, and improve stability By Antti...
