by Teuvo Tuomi | Mar 24, 2024 | Business, Economy, Laos, News
The Lao government has announced plans to raise the value-added tax (VAT) rate from 7% to 10% as part of efforts to increase budget revenue and support economic and social development in the country. The decree still lacks specific details regarding the implementation...
by Teuvo Tuomi | Mar 23, 2024 | China, News, Technology, Visions
China’s first homegrown hydrogen-powered train has completed its full-load running test at 160 kph. Equipped with a built-in hydrogen power system, the train’s average energy consumption per kilometer was 5 kWh during the test. This is on par with...
by Teuvo Tuomi | Mar 19, 2024 | China, Indonesia, Lifestyle, News, Travel
Indonesia’s Tourism and Creative Economy Ministry aims to attract 1.5 million tourists from China this year, almost double last year’s figure. Among the 12 Chinese airliners that have reopened direct flights to Indonesia are China Eastern Airlines, China...
by Teuvo Tuomi | Mar 18, 2024 | ASEAN, Malaysia, News, Travel
The Malaysian Aviation Commission (Mavcom) has announced that all travelers departing from Kuala Lumpur International Airport 1 (KLIA1) will have to pay RM73 (S$21) from 1 June. Currently, those leaving for other ASEAN countries are charged RM35, while those going to...
by Teuvo Tuomi | Mar 17, 2024 | Cambodia, Crime, Finland, Myanmar, News, Thailand
Finland’s Ministry for Foreign Affairs has suspended the reception of wild-berry pickers’ visa applications in Thailand, Cambodia and Myanmar. Schengen visas will not be issued to wild-berry pickers from these countries for the summer 2024 harvest season. After...
by Teuvo Tuomi | Mar 15, 2024 | Korea, China, News, Technology, Trade
Alibaba Group, a Chinese technology company, has submitted its business expansion plan in South Korea, including an investment of 1.1 billion USD, industry sources say. The investment plan includes a new distribution center worth about $200 million on a...
