by Teuvo Tuomi | Apr 21, 2024 | Economy, Finland, Investment, News
Last year, Finnish startups experienced a significant reduction in funding, down from the previous year’s record highs. According to the Finnish Venture Capital Association (FVCA), total growth funding for Finnish startups was approximately €871 million, a sharp...
by Teuvo Tuomi | Apr 20, 2024 | Vietnam, Environment, News, Technology, Travel, Visions
The shift towards electric motorbikes in Vietnam is a response to the government’s CO2 emission strategy and the changing dynamics of the traditional motorcycle market. The government’s focus on reducing carbon emissions and promoting sustainable...
by Teuvo Tuomi | Apr 19, 2024 | Business, Finland, Indonesia, News
Finnish OP Finnfund Global Impact Fund I has invested 5 million USD in Indonesian FinTech company AwanTunai. AwanTunai offers inventory financing, integrated online ordering, and inventory management solutions. Their customer group is merchants and wholesalers all...
by Teuvo Tuomi | Apr 18, 2024 | China, Economy, News, Thailand, Trade
The Thai government is considering imposing a 7% value-added tax on Chinese goods priced less than 1,500 baht (US$40) routed through Thailand’s free trade zones to protect local businesses impacted by the flood of cheap imports. Currently, goods not exceeding the...
by Teuvo Tuomi | Apr 18, 2024 | News, Economy, Energy, Malaysia
The plan to remove blanket fuel subsidies this year is on track, Malaysian Economy Minister Rafizi Ramli says. The move is to reduce the national fiscal deficit. Last year, Rafizi announced the targeted RON95 subsidy program in the second half of 2024 to optimize its...
by Teuvo Tuomi | Apr 17, 2024 | ASEAN, Asia, Economy, News, Southeast Asia, Visions
According to the new Asian Development Outlook (ADO) by the Asian Development Bank (ADB), developing economies in Asia and the Pacific are forecast to expand by 4.9% on average this year as the region continues its growth amid robust domestic demand, improving...
