Latest Scandinavian Business News

Nordic countries: all top-ten competitive economies

Every year, the World Competitiveness Center at the Swiss business school IMD published its ranking on the competitiveness of countries. This year, Denmark takes second place, Finland 5th, Norway 7th, and Sweden gets in at 9th. Europe dominates the top-ten 2017 list, but in top-fifteen both Hong Kong and Singapore are to be found, at…

Neste Singapore celebrates its 10th anniversary

The tenth anniversary of Neste Singapore was celebrated on November 20, 2017. To rejoice the decadal mark, many distinguished guests were invited, including Mr. S. Iswaran, Singapore’s Minister of Trade and Industry, Mrs Jayalekshmi Mohideen, Singapore’s Ambassador to Finland, and Ms. Paula Parviainen, Finnish Ambassador to Singapore. The Finnish based corporation and marketing company, located…

Fifa World Cup 2018: calls for celebration with ScandAsia

In the morning of 15 November it was clear that no less than three Nordic national football themes had qualified for the Fifa World Cup finals in Football in Russia, to take place on 14 June – 15 July 2018. Sweden had in the process progressed at the expense of Italy, and the Danish Vikings…

Sweden’s education minister visited Indonesia, Singapore

International cooperation between higher education institutions and world-class teacher training programmes were in focus when Swedish Minister for Higher Education and Research Helene Hellmark Knutsson visited Indonesia and Singapore on 3–6 October. In Indonesia, Ms Hellmark Knutsson met Minister for Technology, Research and Higher Education Muhammad Nasir to discuss international cooperation on higher education and…

Nordic Ambassadors’ Luncheon Philippines with Sustainable Development

NordCham Philippines organized its annual the Nordic Ambassadors’ Luncheon at the Shangri-la at the Fort on October 26, 2017, gathering four Nordic Ambassadors and more than 100 executives from the business community to discuss corporate sustainability, and the United Nations Sustainable Development Goals and the private sector, reports Nordcham Philippines. Back in 2012 at the…

Vietnam-Finland International School in Hanoi being developed

A ‘Finnish School Day’ was arranged during 28 – 29 October 2017 at Ton Duc Thang University in Hanoi to commemorate the 100th Independence anniversary of Finland (1917-2017), the 45th diplomatic establishment anniversary between Vietnam and Finland, as well as the 20th establishment anniversary of Ton Duc Thang University (TDTU). The project development board of…

Jotun opened Philippines paint manufacturing

Jotun, the Norwegian paint conglomerate, is set to conquer the Philippines market after having opened its brand new manufacturing facility on 6 November in bustling Batangas Province. Situated in the industrial area of Sto. Tomas, Batangas, the 7 hectare plant and main office house more than 70 employees and will manufacture its own paint products.…

Innovative Finnish solutions at Saigon Innovation Week

During 23-28 October Embassy of Finland in Hanoi, Ho Chi Minh City, Ministry of Science and Technology and Vietnam-Finland Innovation Partnership Programme – IPP organised the ‘HCMC Innovation Startup and Entrepreneurship Week 2017’ (WHISE 2017), opened by H.E Ambassador Kari Kahiluoto. The Saigon Innovation Week, which included hundreds of innovative activities, was an opportunity to…

Geely to become Saxo Bank’s majority owner

Shareholders of Saxo Bank Group (Saxo), a leading multi-asset trading and financial-technology firm with presence in key financial centres such as Hong Hong, Shanghai and Singapore, have received an offer from Sampo Group, a leading Nordic financial services group, to take up a stake of 19.9 per cent of the bank. The other significant owner…

Denmark’s PM Lars Løkke Rasmussen to Singapore

The Danish Prime Minster Lars Løkke Rasmussen and the Danish Minister for Employment Troels Lund Poulsen is coming to Singapore towards the end of November. The Prime Minister will be in Singapore on 30 November, while the Employment Minister will arrive a day earlier, 29 November. The Danish Embassy in Singapore is still planning the…