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Nokia and Viettel to Develop 5G Across Vietnam

Nokia and Viettel to Develop 5G Across Vietnam

by Teuvo Tuomi | Sep 26, 2024 | Business, Digitalization, Economy, Finland, News, Technology, Vietnam

Nokia and Vietnamese Viettel will jointly deploy 5G equipment for the first time across Vietnam later this year, the Finnish company confirms. The project will cover 22 provinces across the country and support Viettel’s strategy of advancing 5G infrastructure and...
Car Sales in Thailand Plummet over 20% in August

Car Sales in Thailand Plummet over 20% in August

by Teuvo Tuomi | Sep 25, 2024 | Business, Economy, Manufacturing, News, Thailand, Transportation

The manufacturing and sales of vehicles in Thailand fell by more than 20.56% in August compared to last year, the Federation of Thai Industries (FTI) reports. Surapong Phaisitpattanapong, advisor and spokesman of FTI’s automobile club, says 119,680 vehicles were...
Indonesia Needs Miracle to Become High-Income Country by 2045: World Bank

Indonesia Needs Miracle to Become High-Income Country by 2045: World Bank

by Teuvo Tuomi | Sep 25, 2024 | Indonesia, Business, Economy, News, Reports

Indonesia’s dream of becoming a high-income economy by 2045 is bleak, the World Bank says. Achieving that target in time, Indonesia would require annual gross domestic product growth of 6-7% over the next 20 years. “For middle-income countries to have high income in...
Chinese Stocks Rally After Fed Rate Cut

Chinese Stocks Rally After Fed Rate Cut

by Teuvo Tuomi | Sep 21, 2024 | China, Business, Economy, News

The Shanghai Composite Index, a benchmark of Chinese A shares, went up 0.69% to close at 2,736.02 points on Thursday, amid a wider rebound of emerging market stocks. Following the trend, the MSCI index for emerging markets surged 1.09% on Thursday evening. Meanwhile,...
Thailand Targets Global Talent by New Destination Visa

Thailand Targets Global Talent by New Destination Visa

by Teuvo Tuomi | Sep 20, 2024 | Thailand, Digitalization, Economy, News, Travel

The Government of Thailand is promoting its new Destination Thailand Visa (DTV) to attract foreign nationals who wish to work while traveling in the country, according to Foreign Affairs Minister Maris Sangiampongsa. The DTV is...
Thailand’s Digital Wallet Handouts Will Start in September: Finance Minister

Thailand’s Digital Wallet Handouts Will Start in September: Finance Minister

by Teuvo Tuomi | Sep 19, 2024 | Thailand, Economy, News, Society

Thailand’s cabinet has approved the digital wallet scheme, under which 14.5 million vulnerable and disabled Thais will be the first to receive the 10,000 baht cash benefit. The money will be wired into their bank accounts between 25-30 September, Finance...
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