by Teuvo Tuomi | Dec 26, 2023 | Asia, Business, Economy, News
Freight rates from Asia have spiked by 53% in a month depending on the route plus container shipping giants. Moreover, carriers like British Petroleum have halted transit via the Red Sea-Suez Canal route after the attacks, the latest Freightos data says. The...
by Teuvo Tuomi | Dec 6, 2023 | Asia, Environment, Lifestyle, Visions
Even with coal, higher financing costs, and weaker access to funds, Asia has outpaced Europe and North America in fighting climate change by some key measures, according to a Reuters analysis. Asia boosted clean power, including hydro and nuclear, as a share of...
by Teuvo Tuomi | Nov 16, 2023 | Asia, ASEAN, Economy, Indonesia, News
Multilateral talks in the United States on the Indo-Pacific Economic Framework (IPEF) have failed to produce an agreement on trade. Experts see this as a setback for Asians to gain greater access to the US market for products, including critical minerals. Coordinating...
by Teuvo Tuomi | Nov 14, 2023 | Asia, China, Japan, Technology
17 civil aviation authorities in Asia-Pacific, including China and Japan, are planning to create a framework for safety rules and standards to regulate air taxi and drone operations. The aim is to develop a set of regulatory reference materials by 2025 that each...
by Teuvo Tuomi | Nov 12, 2023 | Asia, Business, News, Technology
According to the World Intellectual Property Organisation’s (WIPO) Global Innovation Index (GII 2023), innovation investments showed a mixed performance in 2022, facing challenges and a downturn in innovation finance. The report says that outlook for 2023 and...