by Teuvo Tuomi | Jul 11, 2024 | Energy, Climate, Environment, Finland, Innovation, News, Shipping, Singapore, Sustainability, Technology, Transportation
Finnish technology group Wärtsilä has supplied its new dual-fuel engine simulators for Wavelink Maritime Institute (WMI), the maritime training arm of the Singapore Maritime Officer’s Union (SMOU). The navigational and technological simulators are a central feature of...
by Teuvo Tuomi | Jul 10, 2024 | Business, Economy, Lifestyle, News, Society, Thailand
Red Bull co-owner Chalerm Yoovidhya heads Thailand’s richest family according to the latest Forbes list, surpassing the Chearavanont brothers. Forbes Asia says that Mr. Chalerm’s family increased their wealth by 2.6 billion USD (95.8 billion baht) to 36...
by Teuvo Tuomi | Jul 10, 2024 | Indonesia, Business, Economy, Investment, News, Society, Visions
The US$32 billion Nusantara Capital City (IKN) project has met with another delay, as key infrastructure remains incomplete just weeks before its planned inauguration in mid-August in East Kalimantan. President Joko “Jokowi” Widodo says that the issuance of a...
by Teuvo Tuomi | Jul 9, 2024 | News, Infrastructure, Investment, Philippines, Technology
To achieve 100% nationwide electrification by 2028, the government would need to invest about 855 billion USD (P72 billion). This is nearly three times the amount that the government has budgeted for the project, the Department of Energy (DOE) says. According to...
by Teuvo Tuomi | Jul 8, 2024 | Cambodia, Business, Infrastructure, Innovation, Investment, News, Trade
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 Governor Chea Serey says....
by Teuvo Tuomi | Jul 7, 2024 | Vietnam, Business, Ho Chi Minh, Infrastructure, Lifestyle, News, Society
Real estate revenue in Ho Chi Minh City reached VND124 trillion ($4.9 billion) in the first half of the year, up 6.1% year-on-year, according to the HCMC Statistics Office. The real estate market has shown signs of recovery this year, with 3% growth in the second...
