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China Lifts Foreign Investment Restrictions in Manufacturing and Medical Sectors

China Lifts Foreign Investment Restrictions in Manufacturing and Medical Sectors

by Teuvo Tuomi | Sep 9, 2024 | China, Economy, Investment, News

Restrictions on foreign investment in China’s manufacturing sector will be lifted with the release of the 2024 version of the “negative list” for foreign investment access, according to the National Development and Reform Commission (NDRC) and the...
Chip War Looming in SEA

Chip War Looming in SEA

by Teuvo Tuomi | Sep 6, 2024 | ASEAN, Innovation, Manufacturing, News, Singapore, Southeast Asia, Technology, Thailand, Vietnam

Singapore, Vietnam and Thailand aim to become a regional leader in the semiconductor manufacturing industry while the demands of artificial intelligence technology and electric vehicles are increasing. Singapore is expanding its decades-long domination in the...
Investments Up 161% in Cambodia: CDC

Investments Up 161% in Cambodia: CDC

by Teuvo Tuomi | Aug 31, 2024 | Cambodia, Business, Economy, News, Reports

From September 2023 to August 2024, the Council for the Development of Cambodia (CDC) approved 391 new and expanded projects. This amounts to over $7.5 billion in investment, created about 340,000 jobs. This is also an increase of 168 projects over the previous year....
Floating Solar Power Plant Will Be Built in West Java

Floating Solar Power Plant Will Be Built in West Java

by Teuvo Tuomi | Aug 19, 2024 | Indonesia, Energy, Environment, News, Technology

State-owned PT PLN Indonesia Power is collaborating with a Saudi Arabian company to construct a 60-megawatt floating solar power plant on the Saguling Reservoir in West Java. The project aims to bolster Indonesia’s renewable energy sector, according to the PLN...
Vietnam’s Data Centers Open to Foreign Investors

Vietnam’s Data Centers Open to Foreign Investors

by Teuvo Tuomi | Aug 18, 2024 | Vietnam, Investment, News

Vietnam’s cloud and data center industries are now open to 100% foreign ownership through the implementation of the revised Telecommunications Law. The new law, which came into force in July 2024, does not restrict foreign investment in providing digital services,...
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