by Teuvo Tuomi | Mar 10, 2025 | AI, China, Digitalization, Economy, News, Technology
Chinese megacity Shenzhen aims at becoming the forefront of the global artificial intelligence and robotics industries. The city has rolled out three major action plans, which outline measures to accelerate its adoption of AI, strengthen its smart computing capacity...
by Teuvo Tuomi | Mar 4, 2025 | Business, Economy, Inflation, Laos, News
Laos’ inflation rate dropped slightly in February to 12.7%, down from 15.5% in January, according to data from the National Statistics Bureau. In February, healthcare and medicine costs decreased by 22.7% but remained among the highest categories. Food and...
by Teuvo Tuomi | Mar 3, 2025 | Economy, Digitalization, Innovation, News, Technology, Vietnam
Vietnam will invest about VNĐ12.8 trillion (501.2 million USD) to build a small-scale semiconductor chip manufacturing plant to serve research, design, production, packaging, and testing, according to Nguyen Khac Lịch, Director of the Department of Information and...
by Teuvo Tuomi | Feb 20, 2025 | Business, Economy, Manufacturing, News, Thailand
Thailand’s factory closures are accelerating nationwide. For the past two years, an average of at least 100 businesses have shuttered their doors each month, according to data from the Kasikorn Research Center (KResearch). The forecasts suggest closures will continue...
by Teuvo Tuomi | Feb 18, 2025 | Business, Economy, News, Thailand
Gross domestic product expanded by 2.5%, the Office of the National Economic and Social Development Council (NESDC) said. This is lower than the 2.7% forecast as the manufacturing and agriculture sectors contracted. The figures come after the current government...
by Teuvo Tuomi | Feb 17, 2025 | Economy, Exports, News, Vietnam
According to the Vietnam Food Association, paddy prices have decreased by 40-50% year-on-year to VND5,400-9,500 (US$0.2-0.37) per kilogram, depending on the variety. Meanwhile, the export price of Vietnam’s 5% broken rice was at $395 per ton on 14 February, the...
