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Thai Government Allocates 390 Billion Baht for Transportation Projects This Year

Thai Government Allocates 390 Billion Baht for Transportation Projects This Year

by Teuvo Tuomi | Jan 31, 2024 | Thailand, Economy, News, Travel

Thailand’s Ministry of Transport has allocated about 390 billion baht to fund transportation projects to create a seamless transportation system in Thailand. According to the Transport Ministry, the transportation projects for this year include 64 projects set...
US Firms Eye Clean Energy Investments in Vietnam

US Firms Eye Clean Energy Investments in Vietnam

by Teuvo Tuomi | Jan 28, 2024 | Economy, Environment, News, Technology, Vietnam

Fifteen companies from the United States, including semiconductors firms, have expressed interest in investing $8 billion in Vietnam’s clean energy infrastructure, US Undersecretary for Economic Growth and the Environment Jose Fernandez says. Vietnam is seeking...
Indonesia Needs to Triple Its Sugar Production to Become Self-Reliant

Indonesia Needs to Triple Its Sugar Production to Become Self-Reliant

by Teuvo Tuomi | Jan 25, 2024 | Economy, Environment, Indonesia, News

Indonesia needs to almost triple its sugar production from the current amount by 2030 if it wants to achieve self-sufficiency, including feeding its bioethanol ambition. To realize this, Indonesia would need to reach sugar production of 9.7 million tonnes by 2030,...
Srettha Urges ASEAN to Increase Minimum Wages

Srettha Urges ASEAN to Increase Minimum Wages

by Teuvo Tuomi | Jan 21, 2024 | ASEAN, Business, Economy, News, Thailand

Prime Minister Srettha Thavisin says Thailand should not continue to use low labor costs as an incentive to draw foreign investments. He also urges ASEAN countries to work together to increase their minimum wages. “The attractive points should be clean energy, good...
Laos Starts Digital Business Registration

Laos Starts Digital Business Registration

by Teuvo Tuomi | Jan 18, 2024 | Economy, Business, Laos, News

The Lao government has approved a new regulation set to slash the registration time for new businesses from 10 to 3 days. Approved by the Minister of Industry and Commerce, Malaythong Kommasith, this new regulation is poised to streamline the business registration...
Special Report: Vietnam’s Logistics Sector Growing Fast

Special Report: Vietnam’s Logistics Sector Growing Fast

by Teuvo Tuomi | Jan 17, 2024 | Visions, Business, Economy, Technology, Vietnam

Vietnam’s GDP is around USD 366 billion, with an annual growth rate of 4.6%. Vietnam’s logistics sector is growing even faster, fuelled by a range of factors, and poised to ensure the country becomes a significant logistics hub for Southeast Asia. Vietnam has been one...
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