by Teuvo Tuomi | Jul 28, 2024 | ASEAN, China, Energy, Indonesia, News, Technology
The Indonesian government is stepping up cooperation with Chinese companies to increase Indonesia’s oil and gas reserves and production, according to Director of Upstream Oil and Gas Business Development Ariana Soemanto. The three stakeholders are the...
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...
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...
by Teuvo Tuomi | Jul 21, 2024 | ASEAN, Business, Digitalization, News, Southeast Asia, Technology, Thailand, Trade, Vietnam
Vietnam and Thailand are the fastest-growing e-commerce markets in Southeast Asia, according to a new report by OpenGov Asia. The report also highlights Vietnam’s ascent past the Philippines to become the third-largest e-commerce market in the region.Last year, the...
by Teuvo Tuomi | Jul 14, 2024 | Business, Investment, Laos, News, Technology, Vietnam
Laos and Vietnam have signed seven pacts on various areas of cooperation, serving to deepen the collaboration between the two nations. The cooperation pacts include a Memorandum of Understanding (MOU) on the establishment of a citizen and ID (identification card)...
by Teuvo Tuomi | Jul 11, 2024 | Energy, Climate, Environment, Finland, Innovation, News, Shipping, Singapore, Sustainability, Technology, Transportation
Finnish technology group Wärtsilä has supplied its new dual-fuel engine simulators for Wavelink Maritime Institute (WMI), the maritime training arm of the Singapore Maritime Officer’s Union (SMOU). The navigational and technological simulators are a central feature of...
