by Teuvo Tuomi | Feb 4, 2025 | Thailand, News
Thailand has signed a free trade agreement with the European Free Trade Association (EFTA), the first FTA with European nations. The EFTA comprises Iceland, Liechtenstein, Norway, and Switzerland. Thailand’s Commerce Minister Pichai Naripthaphan says that the...
by Teuvo Tuomi | Feb 1, 2025 | Indonesia, Lifestyle, News, Society
Indonesia’s Ministry of State-Owned Enterprises has officially rolled out its 4-day work week initiative to interested employees. Known as the Compressed Work Schedule, the voluntary program allows employees of the ministry who meet the 40-hour work requirement the...
by Teuvo Tuomi | Jan 30, 2025 | China, Culture, Event, Lifestyle, News, Tourism, Travel
Chinese authorities expect a record 9 billion inter-regional trips during this year’s Spring Festival travel period, which began on 14 January and will continue until 22 February, an estimated 7% rise from last year’s Spring Festival. Almost 205 million...
by Teuvo Tuomi | Jan 29, 2025 | China, AI, Innovation, Investment, News, Technology
China’s newest AI model, DeepSeek, has surged to the top of the free app download charts in the United States region of the Apple App Store, surpassing the once-dominant ChatGPT. It also secured the number one spot on the free app rankings in China. On 20 January,...
by Teuvo Tuomi | Jan 26, 2025 | Business, ASEAN, Asia, Economy, News, Vietnam
Vietnam is forecast to achieve a growth rate of 6.5% in 2025, maintaining its position among the fastest-growing economies in the ASEAN+3 region, according to the ASEAN+3 Macroeconomic Research Office (AMRO)’s report. This projection is lower than the country’s...
by Teuvo Tuomi | Jan 25, 2025 | News, Indonesia, Technology
The Business Competition Supervisory Commission (KPPU) has ruled that Google’s mandatory use of Google Play Billing for in-app purchases has violated Indonesia’s competition law, restricting market and technological development in the country. Google Play Billing is...