by Teuvo Tuomi | Oct 3, 2024 | Thailand, Investment, News, Retailing
The Central Group has finalized the complete acquisition of Globus, a luxury department store chain in Switzerland. As one of Thailand’s leading retail conglomerates, Central Group has done mergers and acquisitions (M&A) to accelerate its business growth....
by Teuvo Tuomi | Oct 2, 2024 | Business, Finland, Investment, News, Vietnam
Finnish fund PYN Elite is heavily betting on Vietnamese banking stocks. The PYN Elite’s allocation to Vietnamese banks represents a strategic investment as local banks tend to have sector-specific rallies in cycles of a few years, the fund says. At the end of...
by Teuvo Tuomi | Oct 1, 2024 | Education, News, Reports, Vietnam
The number of international students coming to Vietnam for self-funded education is steadily rising, with the majority from Laos, Cambodia, China, South Korea, and Singapore. A study among 120 universities in Vietnam and over 30 experts found that international...
by Teuvo Tuomi | Oct 1, 2024 | Innovation, Digitalization, Investment, News, Technology, Thailand
Tech company Google has announced plans to invest US$1 billion to build its data center and cloud region in Thailand. The data center will be located in an industrial estate in Chonburi, while the Google Cloud region, which includes hardware and software providing...
by Teuvo Tuomi | Sep 30, 2024 | Asia, India, Japan, News, Reports
India has overtaken Japan to become the third most powerful nation in Asia, according to the 2024 edition of Asia Power Index (API). India now stands 3rd on the index after the US and China. The Asia Power Index is an annual measure of power dynamics in the...
by Teuvo Tuomi | Sep 30, 2024 | China, Laos, News, Thailand, Transportation, Travel
According to Thailand’s Transport Minister Suriya Jungrungreangkit, the first phase of the Thai-Chinese high-speed rail would be completed in 2028. The first phase of the Thai-Chinese high-speed rail from Bangkok to Nakhon Ratchasima is 35% complete. Suriya expects...
