Latest Scandinavian Business News

HMS Industrial Networks opens in Singapore

HMS Industrial Networks on 12 January announced the opening of their new sales and support office in Singapore. This new office will help expand the market presence and local business of HMS in the growing South East Asian market. HMS has been doing business through distributors in South East Asia for several years and there…

‘Fostering CSR in the Philippines’ conference

Swedish and Filipino companies champion responsible business More than 150 leaders in business and government convened at Fostering CSR in the Philippines: Conference on Responsible Business at Makati Shangri-La Hotel on 17 January. The conference was a joint effort to champion corporate social responsibility (CSR) as a way for companies to contribute to the achievement…

Nordics in Thailand to deepen cooperation

A well-visited evening event on 11 January 2018 saw all the four Chambers of Commerce organisations (Danish-Thai, Thai-Finnish, Thai-Norwegian and Thai-Swedish) in Thailand kick off their, intended, deeper-than-ever-before collaboration. It was announced to the members and guests in the lovely garden of the Residence of Danish Ambassador Uffe Wolffhechel, at the Royal Danish Embassy in…

Blockchain – Crypto: faster adoption than mobiles, or 1931 all over again!

There are many trends within financial technology of interest during 2018. But what we saw during the last quarter 2017, and regardless of where in the world it was, that the absolutely largest trend was Blockchain. This will continue during the whole year – with the three following components. Crypto currencies The man on the…

DABS members invited to visit oil rig

DABS Sponsor MAERSK Singapore invites members (only!) to a once-in-a-lifetime opportunity to visit an oil drilling rig – conveniently located in Singapore. Maersk Drilling currently has one of their jack up rigs, Maersk Completer placed at KeppelFels and has invited DABS to come and see it. When a drilling rig is in operation it is typically located…

Bo Lundqvist: NordCham President and Retail IT solutions specialist

The NordCham Philippines President himself possesses in-depth knowledge of setting up, running and growing a business out of the Philippines. Bo Lundqvist started Retail Associates 12 years ago, after a long background in doing implementations of ERP (Enterprise Resource Planning) systems. “I felt at a point that it was time to start my own business…

Singapore test trials of Volvo autonomous electric buses

Volvo Buses and Nanyang Technological University (NTU) in Singapore have signed a cooperation agreement on a research and development program for autonomous electric buses, part of the Land Transport Authority of Singapore’s drive. Singapore and its LTA are recognized for their focus on public transport and deployment of autonomous vehicles in the effort to create…

Finnish minister, liquor and meat delegation, minister in Singapore

During 10 – 12 January Finland’s Minister of Agriculture and Forestry Jari Leppä and a Team Finland business delegation promoted Finnish meat and liquor production companies in Singapore. Pure ingredients and production of quality goods are the key concepts of Finnish food and drink industry. The Finnish companies have excellent chances to expand their businesses…

AstraZeneca joins with Chinese investment fund to develop new medicines

AstraZeneca has announced a strategic joint venture with the Chinese Future Industry Investment Fund (FIIF) to form an equally-owned, stand-alone company in China to discover, develop and commercialise potential new medicines to help meet unmet needs globally, and to bring innovative new medicines to patients in China faster. FIIF is managed by the SDIC Fund…

Danish firm Grundfos appointed new Asia Pacific head

Leading pump manufacturer Grundfos has announced the appointment of Kim Jensen to the role of Group Senior Vice President and Regional Managing Director of Grundfos Asia Pacific region with effect from 1 January 12018. In his new role, Kim will lead the company’s business across 22 countries including 13 wholly-owned sales companies and local assembly…