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Thailand Offers Incentives for Hybrid Vehicle Manufacturers

Thailand Offers Incentives for Hybrid Vehicle Manufacturers

by Teuvo Tuomi | Jul 27, 2024 | ASEAN, Manufacturing, News, Technology, Thailand, Transportation

Thailand will introduce investment incentives for manufacturers of hybrid vehicles, the Board of Investment (BOI) says. Excise taxes will be lowered for five years, from 2028 to 2032, for hybrid vehicles makers that invest at least 3 billion baht in the next four...
MAS Pledges S$100 Million for Quantum and AI Development

MAS Pledges S$100 Million for Quantum and AI Development

by Teuvo Tuomi | Jul 21, 2024 | Singapore, AI, ASEAN, Digitalization, Innovation, Investment, News, Southeast Asia, Technology

The Monetary Authority of Singapore (MAS) has promised an additional S$100 million (74.3 million USD) to bolster the development of quantum and artificial intelligence technologies within the financial sector. This investment, allocated under the Financial Sector...
Lassi Noponen Appointed as Director General of Business Finland

Lassi Noponen Appointed as Director General of Business Finland

by Teuvo Tuomi | Jul 20, 2024 | News, Business, Economy, Finland, Innovation, Trade, Visions

Master of Laws, Master of Science Lassi Noponen has been appointed Director General of the Innovation Funding Agency Business Finland. His five-year term will start on 1 September 2024. Noponen has made a long career in corporate management and responsibility tasks....
Full Electrification Requires More Investment in the Philippines

Full Electrification Requires More Investment in the Philippines

by Teuvo Tuomi | Jul 9, 2024 | News, Infrastructure, Investment, Philippines, Technology

To achieve 100% nationwide electrification by 2028, the government would need to invest about 855 billion USD (P72 billion). This is nearly three times the amount that the government has budgeted for the project, the Department of Energy (DOE) says. According to...
Mobile Disaster Alert System Starts in Thailand Next Year

Mobile Disaster Alert System Starts in Thailand Next Year

by Teuvo Tuomi | Jul 7, 2024 | Innovation, Environment, News, Technology, Thailand, Tourism, Visions, Weather

A new alert system that can send out messages to all mobile phone users in the event of an emergency or disaster will be introduced in Thailand next year, according to the government. Cell broadcast technology allows emergency warnings to be sent to all devices...
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