by Teuvo Tuomi | Jul 15, 2024 | ASEAN, China, Infrastructure, Laos, Malaysia, News, Thailand, Trade, Transportation
The Asean Express, the cargo train connecting Malaysia, Thailand, Laos, and China, has returned to Malaysia after a 14-day trip to Chongqing, China. “This is the first inbound trip; we hope that there will be more trips between the countries,” KTMB chief operating...
by Teuvo Tuomi | May 26, 2024 | Business, ASEAN, China, Economy, News, Southeast Asia, Technology, Trade
Solar products made by Chinese companies’ overseas units or joint ventures are the target of a new round of US investigation into allegations that imports from Cambodia, Malaysia, Thailand, and Vietnam are unfairly subsidized and priced low. Several US solar...
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...
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...