by Teuvo Tuomi | Jul 8, 2024 | Indonesia, Investment, Singapore, Sports, Tourism, Travel
Indonesia aims to become a top golfing destination in the region as neighboring Singapore has been shutting courses. Singapore’s land crunch has led to the closure of many of its public golf courses, including the Marina Bay Golf Course, its last public 18-hole...
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 3, 2024 | Digitalization, Economy, Indonesia, Innovation, Investment, Korea, Manufacturing, News, Technology, Transportation
Indonesian President Joko Widodo (Jokowi) says that Indonesia is becoming a global player in the electric vehicle (EV) ecosystem after the inauguration of the South Korean battery and electric vehicle ecosystem in Indonesia at PT Hyundai LG Indonesia (HLI) Green Power...
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...
by Teuvo Tuomi | Jun 24, 2024 | Bangkok, Infrastructure, Investment, News, Thailand, Tourism
Thailand’s Cabinet has asked the Interior Ministry to amend the Condominium Act by increasing the foreign ownership limit from 49% to 75% and to amend the Land Act by allowing foreigners to lease land for 99 years, up from the current 50. However, although...
by Teuvo Tuomi | Jun 18, 2024 | Cambodia, Business, Infrastructure, Investment, News, Trade, Transportation, Travel
In an effort to transform Cambodia into a regional investment hub, the government has launched the Comprehensive Intermodal Transport Master Plan (CIT-MP) to modernize and upgrade infrastructure and logistics systems nationwide. The CIT-MP prioritizes 174 projects in...
