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Nio’s New Car Challenges Mini and Smart

Nio’s New Car Challenges Mini and Smart

by Teuvo Tuomi | Dec 22, 2024 | AI, China, Environment, News, Technology

Under its Firefly brand, Chinese electric vehicle (EV) maker Nio has launched a new small car, which will compete with BMW’s Mini and Mercedes-Benz’s Smart. William Li, the co-founder and CEO of the Shanghai-based carmaker, says that the small and cheap model...
Senior Living Market to See Healthy Growth

Senior Living Market to See Healthy Growth

by Teuvo Tuomi | Dec 22, 2024 | Lifestyle, News, Society, Technology

The global senior living market will rise by 127.4 billion USD by 2028, growing 5.9% annually, according to Technavio. The main reason is the ageing ‘baby boomer’ population with a shift towards technological developments in long-term healthcare. Patient database...
Thailand Forbids Plastic Waste Imports from January

Thailand Forbids Plastic Waste Imports from January

by Teuvo Tuomi | Dec 19, 2024 | Thailand, Environment, News, Sustainability

Importers will not be allowed to bring plastic waste into Thailand from January 2025, the Department of Foreign Trade says. The move was published in the Royal Gazette on 16 December. The ruling includes an amendment to item 39.15 of Thailand’s Tariff Schedule, which...
Indonesia’s Golden Visa Falls Short of Target

Indonesia’s Golden Visa Falls Short of Target

by Teuvo Tuomi | Dec 18, 2024 | Business, Indonesia, Investment, News, Reports, Visas

Indonesia’s new Golden Visa scheme has not brought as much investment into the country as hoped, according to the year-end report from the Directorate General of Immigration. “The investment is Rp 9 trillion (US$561.7 million) as of the end of this month,” the...
Carbon-Neutral Electricity Could Offer Vietnam Huge Savings: Wärtsilä

Carbon-Neutral Electricity Could Offer Vietnam Huge Savings: Wärtsilä

by Teuvo Tuomi | Dec 17, 2024 | Vietnam, Climate, Environment, News, Reports, Technology

Transition to a carbon-neutral electricity system by 2050 could help Vietnam save about 26 billion euros per year, according to Finnish technology group Wärtsila, a global leader in innovative technologies and lifecycle solutions for the marine and energy markets....
Indonesia’s Trade Surplus 2nd Largest Since COVID

Indonesia’s Trade Surplus 2nd Largest Since COVID

by Teuvo Tuomi | Dec 16, 2024 | Indonesia, News, Reports, Trade

Indonesia’s exports exceeded imports in November. This resulted in the second largest trade surplus since the government lifted the COVID-19 pandemic status in 2023. The country’s trade balance was US$4.42 billion in November, according to Statistics Indonesia...
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