by Teuvo Tuomi | Dec 18, 2024 | Business, Indonesia, Investment, News, Reports, Visas
Indonesia’s new Golden Visa scheme has not brought as much investment into the country as hoped, according to the year-end report from the Directorate General of Immigration. “The investment is Rp 9 trillion (US$561.7 million) as of the end of this month,” the...
by Jukka-Pekka Karppanen | Nov 27, 2024 | Health, ASEAN, Finland, Hua Hin, Innovation, Investment, Partners, Thailand, Visions
In just five years, Jintana Herb Sauna has become one of Thailand’s premier sauna and wellness brands, offering a unique combination of traditional Finnish sauna culture and Thailand’s revered herbal sauna practices. Founded by Finnish entrepreneur Erkki...
by Teuvo Tuomi | Nov 23, 2024 | ASEAN, Business, Economy, Indonesia, Investment, Malaysia, News, Southeast Asia
Despite funds raised through initial public offerings (IPO) in South-east Asia have fallen to a nine-year low, the region’s capital markets seem to remain optimistic. There have been 122 IPOs in 2024 so far on the region’s key stock exchanges, comprising Singapore,...
by Teuvo Tuomi | Oct 28, 2024 | Business, Economy, Investment, Laos, News
During the first nine months of 2024, Vientiane’s five special economic zones (SEZs) attracted investments from 39 new domestic and foreign companies, totaling USD 622.59 million in capital investment and USD 224.51 million in registered capital. This exceeds the...
by Teuvo Tuomi | Oct 5, 2024 | Energy, Environment, Indonesia, Investment, News, Sustainability, Technology
The Indonesian government has relaxed the local content requirements (LCR) for developing electricity infrastructure to attract funding for renewable energy projects from international development banks. Indonesia is targeting a renewable energy mix of 23% by 2025,...