Telenor, the major shareholder in Thailand’s Total Access Communication (DTAC), plans to ramp up its presence in Asia with heavy investment in Myanmar, which it terms “the last opportunity in the world” for the Norwegian firm, Bangkok Post reports. Sigve Brekke, the head of Telenor Asia, said his company plans to flood Myanmar with strategic telecommunications infrastructure if it wins [...]

As a result of the joint-venture of SAS and Singapore Airlines, the code share agreement is now increasing from 5 routes to 29. As of yesterday there are now Singapore codeshare an aditional 19 flights. 14 flights from Copenhagen to a large number of airports in Scandinavia, Poland, Germany, Finland and the Baltic countries plus five routes from London Heathrow. [...]

From January to April this year, 511,000 passengers opted for the quickest route from Scandinavia to Asia via Helsinki with Finnair. That is an increase of 6 percent compared to the same period last year. In April, Finnair increased capacity by 6.7 percent compared with 2012. More than 91 percent of all aircrafts were on time. Number of sold seats [...]

Nokia plans to put the factory in Vietnam – Singapore Industrial Zone in Bac Ninh province into operation in June 2013, when it would churn out 30 million products. The productivity would increase gradually to 180 million products by 2018. Of the total investment capital of $302 million, $67 million would be disbursed in 2013, while the figure would be [...]

Three Foxconn workers have committed suicide at a factory in China in the past three weeks, state media and a labour rights group said on Saturday. All three jumped to their deaths at a plant in the central city of Zhengzhou run by the Taiwanese electronics giant. A 30-year-old married man killed himself on Tuesday following the similar deaths of [...]

Danish Danfoss, which specializes in energy-efficient and climate-friendly solutions, has just signed a record deal with the Chinese city of Anshan, which aims to make Anshan world leaders in district heating. The contract is the largest deal so far made by Danfoss in China when it comes to district heating, which means that the company will be expanding its factory [...]

The Danish fashion company IC Companys is working on a large plan to bring some of the company’s more exclusive brands worldwide. As part of the plan, a brand new agreement of distributions of the Peak Performance brand, says CEO of IC Companys, Niels Mikkelsen to Ritzau Finans. ”Peak Performance is already international in the way that we are visible [...]

On 10 May 2013, the Danish ambassador to Thailand H.E. Mikael Hemniti Winther mediated a meeting between the Danish design company Jacob Jensen and King Mongkut’s University of Technology Thonburi (KMUTT) in Thailand. The purpose of the meeting between Jacob Jensen and KMUTT was to discuss a potential collaboration between the two organizations in setting up a design studio in [...]

The Myanmar government is prepared to relax limits on foreign ownership of breweries on a case-by-case basis, as it seeks to improve the appeal of the country to foreign investors, says a senior beer industry executive. The Myanmar Investment Commission (MIC) offered four licenses in January for international breweries to operate domestically. Under the Foreign Investment Law, which the MIC [...]

Biohit Oyj (BIOBV), the Finnish health-care company whose shares have gained 71 percent this year, sees China as a promising market for the Acetium product to prevent stomach cancer, Chief Executive Officer Semi Korpela said. Biohit is working to register Acetium in China and already has a distribution partner, Grand Pharmaceutical Co., Korpela said in an interview at the company’s [...]