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 | 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 Teuvo Tuomi | Nov 18, 2024 | News, Economy, Food & Drinks, Thailand
The commerce ministry says Thai rice exports were up 20% from January to October 2024 compared to the same period a year earlier. Thailand exported 8.37 million tonnes of rice in the first 10 months of the year and is expected to export over 9 million tonnes over the...
by Teuvo Tuomi | Nov 17, 2024 | ASEAN, Digitalization, Economy, News, Reports, Southeast Asia
Southeast Asia’s digital economy will be worth US$122 billion in 2024, according to the e-Conomy SEA 2024 report. This comprises digital financial services, e-commerce, travel, online media, food, and transport. Digital economy revenue for 2023 was US$78 billion in...
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...
