LATEST TRAVEL AND BUSINESS NEWS

TSMC to build three chip factories in Arizona

WASHINGTON – TSMC Arizona Corporation (TSMC Arizona), a subsidiary of Taiwan Semiconductor Manufacturing Company Limited (TSMC), has been awarded up to $6.6 billion in direct funding under the CHIPS Incentive Program for commercial manufacturing facilities, the U.S. Department of Commerce … Continue reading TSMC to build three chip factories in Arizona

Supersonic Dream Shattered: Exosonic Files for Bankruptcy

TORRANCE/USA — In a stunning blow to the future of commercial aviation, Exosonic, the ambitious startup that aimed to revolutionize air travel with supersonic passenger flights, has filed for bankruptcy. Despite raising millions in funding and making significant strides in … Continue reading Supersonic Dream Shattered: Exosonic Files for Bankruptcy

Philippines: Typhoon Recovery with Ongoing Preparedness

MANILA — The Philippines is making significant strides in recovering from past typhoon disasters, while also bolstering its preparedness for future calamities. President Ferdinand Marcos Jr. underscored the government’s commitment to disaster resilience during an interview at the *Seatrade Cruise … Continue reading Philippines: Typhoon Recovery with Ongoing Preparedness

Vietnam Cracks Down on Foreign E-Commerce Platforms

HANOI – Vietnam has issued a directive that mandates foreign e-commerce platforms, including popular names like Temu and Shein, to register with the government or face potential bans. The new regulations, announced in late October 2024, are part of a … Continue reading Vietnam Cracks Down on Foreign E-Commerce Platforms

Indonesia Races to Become Southeast Asia’s EV Hub

JAKARTA – Indonesia is fast emerging as a key player in the electric vehicle (EV) market, thanks to its strategic investments and ambitious plans to become a regional hub for sustainable mobility. In a significant boost to its EV ambitions, … Continue reading Indonesia Races to Become Southeast Asia’s EV Hub

Malaysia’s Growing EV Market Poised for Expansion

KUALA LUMPUR – Malaysia’s electric vehicle (EV) market is set to undergo significant transformation in the coming decade, supported by the country’s abundant renewable energy resources and a strong push from government policies aimed at accelerating the transition to sustainable … Continue reading Malaysia’s Growing EV Market Poised for Expansion

Laos-China Railway: Record Growth in Passenger Volume

VIENTIANE—The Laos-China Railway has reached a significant milestone, transporting a total of 3 million passengers in the first ten months of 2024, marking a 44.4% increase in passenger volume compared to previous years. This surge in ridership highlights the rail … Continue reading Laos-China Railway: Record Growth in Passenger Volume

Thailand Aims to Attract 8 Million European Tourists

BANGKOK  — Thailand is setting its sights on a major boost to its tourism industry, aiming to attract 8 million visitors from Europe in 2025. As part of a broader strategy to welcome 11 million long-haul travelers next year, the … Continue reading Thailand Aims to Attract 8 Million European Tourists

Loi Krathong Festival 2024: Thailand’s Festival of Lights

BANGKOK—Thailand invites visitors worldwide to celebrate the Loi Krathong Festival, which showcases its rich culture, traditions, and spiritual charm across multiple provinces. Celebrated annually during the full moon of the 12th month in the Thai lunar calendar, this year’s festival … Continue reading Loi Krathong Festival 2024: Thailand’s Festival of Lights

Thailand: Growing Appetite for Branded Real Estate

BANGKOK – Thailand’s real estate developers are expanding beyond familiar hotel brands into the realms of iconic automotive, fashion, and wellness labels, as they seek identities that resonate with luxury property buyers. Listed property group Ananda made global headlines with … Continue reading Thailand: Growing Appetite for Branded Real Estate