by Teuvo Tuomi | Jan 9, 2024 | Travel, ASEAN, Malaysia, News, Southeast Asia
Malaysia conglomerate Capital A says it plans to sell its budget airline AirAsia to its medium-haul affiliate AirAsia X in a bid to streamline operations. Under the terms of the non-binding agreement, AirAsia Malaysia and AirAsia subsidiaries in Cambodia, Thailand,...
by Teuvo Tuomi | Jan 9, 2024 | Cambodia, Business, Environment, News
For 2023, Cambodia exported almost 8.5 million tonnes of agricultural products, a decrease of 1.9% compared to 2022. The exports generated over 4.3 billion US dollars, with shipments of milled rice valued at over $567 million, unmilled paddy rice at $939 million, and...
by Teuvo Tuomi | Jan 8, 2024 | China, News, Research, Technology
China’s independently developed third-generation superconducting quantum computer, Origin Wukong, has started its operation at Origin Quantum Computing Technology (Hefei) in East China’s Anhui province. The quantum computer is powered by Wukong, a 72-qubit...
by Teuvo Tuomi | Jan 7, 2024 | China, News, Thailand, Travel
The recent visa exemption agreement between Thailand and China should provide opportunities for new routes and increased flight frequencies. The Tourism Authority of Thailand (TAT) anticipates that this will boost tourism recovery. TAT expects an influx of 8 million...
by Teuvo Tuomi | Jan 5, 2024 | Economy, Malaysia, News
Malaysia’s new sales tax on cheap items bought online from overseas merchants has drawn mixed reactions, with local sellers saying they welcomed the fairer competition while others raised concerns that the higher prices would burden the poor. Malaysia began imposing a...
by Teuvo Tuomi | Jan 5, 2024 | Business, Economy, Indonesia, News
Despite some good news, Indonesia’s economy still took a hit from weaker global demand last year, leading to almost 300,000 workers being laid off in export-oriented industries. The Manpower Ministry recorded that almost 300,000 people were laid off from January to...
