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Indonesia Relaxes Local Content Rules for Green Energy Projects

Indonesia Relaxes Local Content Rules for Green Energy Projects

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,...
Japan Conducts Fact-Finding Survey on AI

Japan Conducts Fact-Finding Survey on AI

by Teuvo Tuomi | Oct 4, 2024 | Digitalization, AI, Japan, News, Technology

The Japan Fair Trade Commission (JFTC) will launch a fact-finding survey on the generative artificial intelligence market. Some are concerned about the impact of generative AI on domestic firms, as U.S. IT giants and other firms are increasingly sequestering the data,...
Google Invests One Billion USD in Thailand

Google Invests One Billion USD in Thailand

by Teuvo Tuomi | Oct 1, 2024 | Innovation, Digitalization, Investment, News, Technology, Thailand

Tech company Google has announced plans to invest US$1 billion to build its data center and cloud region in Thailand. The data center will be located in an industrial estate in Chonburi, while the Google Cloud region, which includes hardware and software providing...
SpaceX Aims to Invest 5 Billion USD for Starlink in Vietnam

SpaceX Aims to Invest 5 Billion USD for Starlink in Vietnam

by Teuvo Tuomi | Sep 26, 2024 | Business, Digitalization, Innovation, Investment, Technology, Vietnam

SpaceX is proposing to invest 5 USD billion in Vietnam for the company’s Starlink satellite service soon, the Southeast Asian country’s government says. The statement came after a meeting in New York between Vietnamese President To Lam and Tim Hughes,...
Nokia and Viettel to Develop 5G Across Vietnam

Nokia and Viettel to Develop 5G Across Vietnam

by Teuvo Tuomi | Sep 26, 2024 | Business, Digitalization, Economy, Finland, News, Technology, Vietnam

Nokia and Vietnamese Viettel will jointly deploy 5G equipment for the first time across Vietnam later this year, the Finnish company confirms. The project will cover 22 provinces across the country and support Viettel’s strategy of advancing 5G infrastructure and...
Thailand’s Software Sector Sees Solid Growth

Thailand’s Software Sector Sees Solid Growth

by Teuvo Tuomi | Sep 16, 2024 | News, Business, Digitalization, Economy, Technology, Thailand

Thailand’s software sector outperformed other digital sectors last year with a growth of 12.8%, earning 215 billion baht. Main reasons were investment in advanced technology such as artificial intelligence (AI), data analytics, cloud computing, and...
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