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THAILAND Thai household debt hits record high

Driven by government incentives for consumer credit and home loans, 85 per cent of Thai households now find themselves with debts equivalent to 30 per cent of their income without adequate risk assessment. The Central Bank has set the household debt ratio at 80 per cent of GDP to avoid risks to the country’s overall financial stability.
National Economic Development Council Social Development Council

Seoul to have new gondola lifts for Namsan tour

Seoul City said Monday that it would increase accessibility and restore the ecosystem of Namsan with a brand-new gondola connecting visitors from Myeong-dong the top of the mountain, along with leisure facilities. The Seoul Metropolitan Government will introduce 25 ten-seater gondolas that head to the top of the mountain, which can transport more than 1,000 people per hour. It is an eco-friendly transportation that d...
Seoul City Soult Ukpyolsi South Korea Kyonggi Do Development Council For Sustainable Namsan University Of Seoul

Stallion Group leads with Hyundai Kona EV over energy costs, environmental impact. -

Produced from its Lagos plant, the Hyundai Kona EV is projected to be the toast of Nigerian automobile enthusiasts and corporate organisations given the advantages it brings on energy costs, environmental friendliness and overall rest of mind. ย 
Anambra State Jelani Aliyu Harpreet Singh Kashim Shettima National Automotive Design National Economic Council

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'Nigeria's automotive industry could account for 12 per cent of GDP' — Saturday Magazine — The Guardian Nigeria News – Nigeria and World News

The industry is not backward if you examine the status in 2012/13, at the eve of the National Automotive Industry Development Plan (NAIDP) launch. From a mere installed capacity of less than 80,000 vehicles per annum and one per cent capacity utilisation, it rose to about 500,000 installed capacity and 10 per cent capacity utilisation by 2017 although it dropped to six per cent in 2022.
Luqman Mamudu National Automotive Industry Development Plan Development Council National Tariff Review Committee National Automotive Design Chief Executive Officer

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