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Foreigners Visiting Japan Hit Record Numbers

Foreigners Visiting Japan Hit Record Numbers

by Teuvo Tuomi | Jul 22, 2024 | Asia, Economy, Japan, News, Tourism, Travel

The number of foreign visitors to Japan between January-June hit a record high of 17,777,200 for the first half of the year, and June saw another record of 3,135,600 visitors in a single month, the Japan National Tourism Organization reports. The record numbers are...
RCEP and FTAs Aiding Cambodia Attract Foreign Investment: NBC

RCEP and FTAs Aiding Cambodia Attract Foreign Investment: NBC

by Teuvo Tuomi | Jul 22, 2024 | ASEAN, Business, Cambodia, Investment, News, Southeast Asia, Trade, Visions

The Regional Comprehensive Economic Partnership (RCEP) agreement and bilateral free trade agreements (FTAs) are expected to help Cambodia attract more foreign direct investment (FDIs) and boost its exports, National Bank of Cambodia’s (NBC) Governor Chea Serey...
MAS Pledges S$100 Million for Quantum and AI Development

MAS Pledges S$100 Million for Quantum and AI Development

by Teuvo Tuomi | Jul 21, 2024 | Singapore, AI, ASEAN, Digitalization, Innovation, Investment, News, Southeast Asia, Technology

The Monetary Authority of Singapore (MAS) has promised an additional S$100 million (74.3 million USD) to bolster the development of quantum and artificial intelligence technologies within the financial sector. This investment, allocated under the Financial Sector...
E-Commerce in Vietnam and Thailand Grows Fastest in SEA

E-Commerce in Vietnam and Thailand Grows Fastest in SEA

by Teuvo Tuomi | Jul 21, 2024 | ASEAN, Business, Digitalization, News, Southeast Asia, Technology, Thailand, Trade, Vietnam

Vietnam and Thailand are the fastest-growing e-commerce markets in Southeast Asia, according to a new report by OpenGov Asia. The report also highlights Vietnam’s ascent past the Philippines to become the third-largest e-commerce market in the region.Last year, the...
Rayong Developers Reduce Residential Supply

Rayong Developers Reduce Residential Supply

by Teuvo Tuomi | Jul 20, 2024 | News, ASEAN, Business, Economy, Investment, Thailand, Trade, Visions

Developers in Thailand’s Rayong have been adjusting to a market slowdown by reducing the of newly launched residential supply in the first quarter of 2024. Vichai Viratkapan, acting director-general of the Real Estate Information Center (REIC), says the Rayong...
Lassi Noponen Appointed as Director General of Business Finland

Lassi Noponen Appointed as Director General of Business Finland

by Teuvo Tuomi | Jul 20, 2024 | News, Business, Economy, Finland, Innovation, Trade, Visions

Master of Laws, Master of Science Lassi Noponen has been appointed Director General of the Innovation Funding Agency Business Finland. His five-year term will start on 1 September 2024. Noponen has made a long career in corporate management and responsibility tasks....
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