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...
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...
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,...
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...
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...
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...