by Teuvo Tuomi | Jan 24, 2024 | Cambodia, Business, News
Cambodia is moving up the ranks to become the world’s 8th largest garment exporter as per data from the World Trade Organisation. This is a big improvement from 2021 when a WTO report had pegged the country at the 11th spot. In 2021, the world’s top ten exporters were...
by Teuvo Tuomi | Jan 22, 2024 | Technology, News, Vietnam
Vietnam will launch its first-ever indigenous weather satellite early next year to provide early warnings against natural disasters. LOTUSat-1, which is being built with assistance from Japanese engineers, is expected to be completed in March, according to Le Xuan...
by Teuvo Tuomi | Jan 21, 2024 | ASEAN, Business, Economy, News, Thailand
Prime Minister Srettha Thavisin says Thailand should not continue to use low labor costs as an incentive to draw foreign investments. He also urges ASEAN countries to work together to increase their minimum wages. “The attractive points should be clean energy, good...
by Teuvo Tuomi | Jan 18, 2024 | Economy, Business, Laos, News
The Lao government has approved a new regulation set to slash the registration time for new businesses from 10 to 3 days. Approved by the Minister of Industry and Commerce, Malaythong Kommasith, this new regulation is poised to streamline the business registration...
by Teuvo Tuomi | Jan 17, 2024 | News, Malaysia, Singapore, Travel
Seven local and international consortia, comprising 31 firms, have submitted their Kuala Lumpur-Singapore High-Speed Rail (HRS) project proposals to MyHSR Corporation. “If the response is positive, we will move on to the second phase with the Request for...
by Teuvo Tuomi | Jan 16, 2024 | China, Business, News, Technology
China owned about 4.02 million domestic valid invention patents by the end of 2023. This is up 22.4% year-on-year, making it the first country in the world to hold this many patents, the National Intellectual Property Administration (NIPA) reports. “High-value...
