by Teuvo Tuomi | Jul 9, 2024 | News, Infrastructure, Investment, Philippines, Technology
To achieve 100% nationwide electrification by 2028, the government would need to invest about 855 billion USD (P72 billion). This is nearly three times the amount that the government has budgeted for the project, the Department of Energy (DOE) says. According to...
by Teuvo Tuomi | Jul 8, 2024 | Cambodia, Business, Infrastructure, Innovation, Investment, News, Trade
The Regional Comprehensive Economic Partnership (RCEP) agreement and bilateral free trade agreements (FTAs) are expected to help Cambodia attract more foreign direct investment (FDIs) and boost its exports, National Bank of Cambodia’s Governor Chea Serey says....
by Teuvo Tuomi | Jul 7, 2024 | Vietnam, Business, Ho Chi Minh, Infrastructure, Lifestyle, News, Society
Real estate revenue in Ho Chi Minh City reached VND124 trillion ($4.9 billion) in the first half of the year, up 6.1% year-on-year, according to the HCMC Statistics Office. The real estate market has shown signs of recovery this year, with 3% growth in the second...
by Teuvo Tuomi | Jul 5, 2024 | Economy, Business, Inflation, Infrastructure, Innovation, Investment, News, Thailand, Tourism, Trade
Thailand’s economic growth potential is expected to hover around 3% for the next five years, according to Bank of Thailand governor Sethaput Suthiwartnarueput. This is a decline from closer to 3.5% reported in the years before the Covid-19 pandemic. Many households in...
by Teuvo Tuomi | Jul 5, 2024 | Korea, Energy, Environment, EU, Infrastructure, Innovation, News
During the first half of 2024, the EU Climate Dialogues (EUCDs) project organized a set of three dialogue sessions in Seoul, South Korea. The sessions gained solid interest from policy representatives of both Korea and the EU, as well as the corporate side. The three...
by Teuvo Tuomi | Jun 27, 2024 | Digitalization, Economy, Indonesia, Infrastructure, Innovation, Investment, News, Tourism, Transportation
The Bali Transportation Service (Dishub Bali) is preparing to connect the electric bus rapid transit (eBRT) with an intelligent transport system (ITS) and make it operational next year. Dishub Bali head of IGW Samsi Gunarta says that the eBRT is expected to start...
