by Teuvo Tuomi | Jun 20, 2024 | ASEAN, AI, Business, Innovation, News, Reports, Southeast Asia, Technology, Visions
Recently published “Asia Pacific Tech Spend Forecast” expects tech spending in the region to remain robust and grow by a compounded annual growth rate of 6.4% to 7.4% annually, reaching US$876 billion in 2027. Over the next few years, software spending would continue...
by Teuvo Tuomi | Jun 16, 2024 | Lifestyle, Malaysia, Media, News, Reports, Social Media, Society, Technology
Malaysia’s government had the world’s highest number of requests to TikTok to take down content in the second half of 2023. According to TikTok’s biannual transparency report, Kuala Lumpur made 1,862 such requests – an average of 10 daily – in that period. This is 5.5...
by Teuvo Tuomi | Jun 14, 2024 | China, Digitalization, Economy, EU, News, Norway, Technology, Trade
Norway will not follow the EU tariffs on Chinese electric cars. Norwegian Finance Minister Trygve Slagsvol Vedum says that tariffs would be neither relevant nor desirable for the Norwegian government. Norway has the highest density of electric vehicles worldwide and...
by Teuvo Tuomi | Jun 12, 2024 | Business, China, Digitalization, Finland, Technology, Vietnam, Visions
Foxconn will produce 5G AirScale equipment for Nokia at the former’s factory in Vietnam’s northern province of Bac Giang, Vietnamese state media reports. Production is scheduled to begin in July, according to Dau Tu newspaper, which is run by the Ministry...
by Teuvo Tuomi | Jun 7, 2024 | ASEAN, Asia, Business, China, Indonesia, Investment, Reports, Southeast Asia, Technology
In 2023, Southeast Asia received around 50% of China’s regional investments, marking a 27% increase from the previous year. Indonesia emerged as the leading recipient of these funds, attracting approximately US$7.3 billion. During a bilateral meeting at the Merdeka...
