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TikTok Owner Becomes China’s Richest Man

TikTok Owner Becomes China’s Richest Man

by Teuvo Tuomi | Mar 30, 2025 | Asia, Business, China, Entertainment, Lifestyle, News, Social Media, Technology

Zhang Yiming, founder ByteDance, the parent company of TikTok, has become China’s richest person for the first time, according to the Bloomberg Billionaires Index. Zhang’s personal wealth has reached $57.5 billion, surpassing Zhong Shanshan, founder of bottled water...
Lindström Opens First Service Center in Bien Hoa

Lindström Opens First Service Center in Bien Hoa

by Teuvo Tuomi | Mar 27, 2025 | Asia, Business, Economy, Finland, News, Vietnam

Finnish textile service company, Lindström has opened its first service center in Vietnam’s Bien Hoa City. Lindström focuses on optimizing the product lifecycle in an efficient and resource-saving way. For a weekly rental fee, customers receive workwear along...
Indonesia Joins New Development Bank

Indonesia Joins New Development Bank

by Teuvo Tuomi | Mar 27, 2025 | ASEAN, Banking, Economy, Indonesia, News, Southeast Asia

Indonesia will join the BRICS-sponsored multilateral development bank, which President Prabowo Subianto believes could expedite the country’s economic development. The decision came after Prabowo’s meeting with New Development Bank (NDB) president Dilma...
Easpring Aims to Open Battery Materials Plant in Kotka

Easpring Aims to Open Battery Materials Plant in Kotka

by Teuvo Tuomi | Mar 24, 2025 | China, Finland, Investment, News, Technology, Visions

Easpring is planning to construct a new plant to produce cathode active material, CAM, which is needed to produce lithium-ion batteries, in Kotka, Finland. The plant’s first-stage capacity will be 60,000 tonnes of cathode active material per year. The investment...
Kemira Expands Paper and Board Chemical Capacity at Wellgrow in Thailand

Kemira Expands Paper and Board Chemical Capacity at Wellgrow in Thailand

by Teuvo Tuomi | Mar 24, 2025 | Environment, Climate, Finland, Innovation, News, Technology, Thailand

Kemira will make a multi-million Euro investment in multiple production line expansion of strength chemical agents for paper, board, and tissue at its Wellgrow site in Thailand. The implementation of the expansion project will begin next year, and the new capacity is...
Asia’s Getting Scorched

Asia’s Getting Scorched

by Teuvo Tuomi | Mar 23, 2025 | Asia, Climate, Environment, News, Philippines, Weather

Scientists from the nonprofit group Climate Central report that 10 out of 51 countries in Asia recorded more than 30 days of temperatures reaching Climate Shift Index (CSI) level 2 or higher. Brunei Darussalam ranked first with 83 days, while Maldives was second with...
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