by Teuvo Tuomi | Jun 17, 2024 | Business, AI, China, Energy, Hong Kong, Investment, News
The recently established Office for Attracting Strategic Enterprises (OASES) has managed to lure 50 industry leaders to establish a presence in Hong Kong, underlining the city’s advantages such as geographical location and policy support. This is expected to bring...
by Teuvo Tuomi | Jun 8, 2024 | Thailand, Business, Investment, Japan, Manufacturing, News
Suzuki Motor will halt production of cars and trucks in Thailand by the end of next year to focus resources on producing electric and hybrid vehicles elsewhere, the company says. The Japanese automaker plans to continue its sales and after-sales services in Thailand...
by Teuvo Tuomi | Jun 7, 2024 | ASEAN, Asia, Business, China, Indonesia, Investment, Reports, Southeast Asia, Technology
In 2023, Southeast Asia received around 50% of China’s regional investments, marking a 27% increase from the previous year. Indonesia emerged as the leading recipient of these funds, attracting approximately US$7.3 billion. During a bilateral meeting at the Merdeka...
by Teuvo Tuomi | Jun 5, 2024 | News, Business, Innovation, Investment, Technology, Vietnam
According to statistics from the National Agency for Technology Entrepreneurship and Commercialisation Development, Vietnam has currently about 3,800 startups. 11 of these are valued at over US$100 million, and three start-ups are valued at over $1 billion, including...
by Teuvo Tuomi | Jun 1, 2024 | Korea, Investment, News, Space, Technology, Visions
South Korea will send the first lunar rover by 2032 and plant the first Korean flag on Mars by 2045, according to President Yoon Suk Yeol. Yoon says these goals would be part of the so-called “Space Gwanggaeto Project,” named after King Gwanggaeto the Great who ruled...
by Teuvo Tuomi | May 27, 2024 | Business, Economy, Infrastructure, Investment, News, Thailand, Tourism
In the first quarter of this year, major real estate conglomerates have invested over 56 billion baht into projects in Phuket, Pattaya, and Hua Hin. Prasert Taedullayasatit, president of the Thai Condominium Association, describes the status of the real estate...
