by Teuvo Tuomi | May 9, 2024 | Business, Crime, Health, News, Thailand
Thailand will re-list cannabis as a narcotic by year-end, according to Prime Minister Srettha Thavisin. After becoming one of the first countries in Asia to decriminalize its recreational use, the domestic retail sector for marijuana has been booming in Thailand, with...
by Teuvo Tuomi | May 8, 2024 | Economy, Exports, News, Thailand
Thailand’s economy is expected to grow 2.2-2.7% this year, down from a previous forecast of 2.8-3.3% due to a slow export recovery, the Joint Standing Committee on Commerce, Industry and Banking estimates. Exports, a key driver of the Thai economy, are now...
by Teuvo Tuomi | May 8, 2024 | Finland, Business, News, Reports, Research, Thailand
A study by the Finnish Pellervo Economic Research and the University of Vaasa have evaluated the economic impacts that two different regulatory options: that pickers coming to Finland would either have a contractual employment relationship based on seasonal work or...
by Teuvo Tuomi | May 7, 2024 | Singapore, Business, Environment, Finland, News, Travel
Singapore Airlines says it will buy 1,000 tonnes of sustainable aviation fuel (SAF) from Neste, the first purchase of the low-carbon jet fuel from the Finnish firm’s Changi refinery. The carrier says it will purchase the SAF to blend with conventional fuel for use by...
by Teuvo Tuomi | May 6, 2024 | Indonesia, Economy, News
According to Statistics Indonesia (BPS), Indonesia’s economic growth in the first quarter (Q1) of 2024 stood at 5.11% year-on-year, the highest level since 2015. Acting Head of BPS Amalia Adininggar Widyasanti notes that the main contributors to the economy in...
by Teuvo Tuomi | May 5, 2024 | Asia, ASEAN, Health, News, Reports, Society, Southeast Asia
The Asian Development Bank (ADB) says that the developing nations of Asia and the Pacific are ill-equipped to meet the needs of their rapidly aging populations. The region’s growing elderly demographic faces numerous challenges, including low pension coverage,...
