by Teuvo Tuomi | Sep 23, 2024 | Thailand, Banking, Business, Digitalization, News, Visions
Despite receiving several applications from interested operators, the Bank of Thailand wants to grant only three virtual bank licenses. The central bank will issue licenses it deems appropriate to maintain the stability of the domestic financial market and safeguard...
by Teuvo Tuomi | Sep 22, 2024 | Vietnam, Aviation, Ho Chi Minh, News, Travel
Construction of Terminal 3 at Ho Chi Minh City’s Tan Son Nhat Airport is 90% complete with structural work done and installations underway. The terminal is set to open in April 2025, two months ahead of schedule, with a capacity of 20 million passengers annually....
by Teuvo Tuomi | Sep 22, 2024 | China, Laos, News, Trade, Transportation
The China-Laos Railway has handled over 10 million tons of goods worth almost 41 billion yuan (US$5.76 billion) since its opening in December 2021, the Xinhua News Agency reports. In the first eight months of 2024, the line’s total freight volume was up 22.8%...
by Teuvo Tuomi | Sep 21, 2024 | China, Business, Economy, News
The Shanghai Composite Index, a benchmark of Chinese A shares, went up 0.69% to close at 2,736.02 points on Thursday, amid a wider rebound of emerging market stocks. Following the trend, the MSCI index for emerging markets surged 1.09% on Thursday evening. Meanwhile,...
by Teuvo Tuomi | Sep 20, 2024 | Investment, Business, Environment, Malaysia, News
Malaysia has announced tax breaks and incentives for the troubled Forest City development, a $100 billion project backed by Chinese developer Country Garden Holdings. Forest City is a joint venture between the Country Garden and a private Malaysian company backed by...
by Teuvo Tuomi | Sep 20, 2024 | Thailand, Digitalization, Economy, News, Travel
The Government of Thailand is promoting its new Destination Thailand Visa (DTV) to attract foreign nationals who wish to work while traveling in the country, according to Foreign Affairs Minister Maris Sangiampongsa. The DTV is...
