by Teuvo Tuomi | Sep 8, 2024 | Thailand, Economy, News, Technology, Transportation
The number of passenger EV registrations in Thailand is estimated to reach only 80,000 this year, according to Suraj Sangsnit, president of the Electric Vehicle Association of Thailand. This is a 5% increase from the 76,000 units sold last year, but it falls short of...
by Teuvo Tuomi | Sep 8, 2024 | Thailand, Economy, News, Taxation
The Thai Revenue Department is drafting a income tax law. The aim is to start taxing the income of individuals residing in Thailand that originates from overseas. The draft follows the international principle of worldwide income under the residence rule, according to...
by Teuvo Tuomi | Sep 7, 2024 | News, Infrastructure, Investment, Singapore, Travel
The construction of Singapore’s Changi Airport Terminal 5 (T5) will start in the first half of 2025, Prime Minister Lawrence Wong confirms. The new terminal will be operational in the mid-2030s. When the mega terminal is operational, Singapore aims to be linked...
by Teuvo Tuomi | Sep 6, 2024 | Vietnam, News, Weather
Vietnam is bracing for super typhoon Yagi, as super typhoon Yagi is expected to make landfall in the northern coastline on Saturday. 457,460 military personnel including 99,100 soldiers, 318,900 militiamen and 39,370 members of the reserve force, along with more than...
by Teuvo Tuomi | Sep 6, 2024 | ASEAN, Innovation, Manufacturing, News, Singapore, Southeast Asia, Technology, Thailand, Vietnam
Singapore, Vietnam and Thailand aim to become a regional leader in the semiconductor manufacturing industry while the demands of artificial intelligence technology and electric vehicles are increasing. Singapore is expanding its decades-long domination in the...
by Teuvo Tuomi | Sep 4, 2024 | Reports, ASEAN, Lifestyle, News, Society, Southeast Asia
The super rich in Southeast Asia are more worried that a lack of succession planning could lead to family disputes than those who are well-heeled in other regions, according to life insurer Transamerica Life Bermuda. 129 high net worth (HNW) advisers say that 41%...
