Latest Scandinavian Business News

Danish Minister of Business signs big deals with Singapore in the fintech and maritime sectors

Bilateral partnerships signed between two countries that are much alike in many areas. Danish companies thrilled about new possibilities in Singapore. Last week, the Danish Minister for Industry, Business and Financial Affairs, Rasmus Jarlov, visited Singapore, making comprehensive bilateral deals between the two countries in the maritime innovation sector and in the fintech sectors. Two…

Scientists on Norwegian vessel: Alarming amount of plastic near Myanmar

Scientists on a Norwegian research vessel have expressed worries over the large amount of microplastics in the sea at the southern Rakhine State, Myanmar. The Norwegian research vessel RV Dr. Fridtjof Nansen has conducted a month-long study of fish resources and the marine ecosystem off the Rakhine and Ayeyarwady Region in the western part of…

Novo Nordisk will cut 400 jobs in Denmark and China

Danish Novo Nordisk has announced that they due to restructuring will fire 400 employees in Denmark and China. The Danish pharmaceutical company Novo Nordisk has on 18 September announced plans to restructure its Research & Development (R&D) organisation. That means approximately 400 employees from the company’s Danish and Chinese R&D departments will lose their jobs. “In…

Nordic embassies collect garbage in the streets of Bangkok

The Danish and Finnish embassy took part in Clean Up Bangkok–event by collecting garbage in Bangkok. Staff from the Danish and Finnish embassy in Bangkok, Thailand, picked up plastic bottles, cigarette stubs and other sorts of trash in the streets on the annual event Clean Up Bangkok on Saturday 15 September. Among others, Danish Ambassador…

Chinese car company buys part of Danish Saxo Bank

The Chinese car company Geely bought a stake in Saxo Bank to strengthen the company’s ability to provide on-demand cars. China’s Zhejiang Geely Holding Group acquired a 52% stake in Saxo Bank from its founders and institutional investors on 14 September, according to Asia Nikkei Review. The purchase price was undisclosed, but the transaction values…

Chinese embassy comments on treatment of Chinese tourists in Sweden

The Chinese embassy in Sweden has released a statement about three Chinese tourists being refused permission to wait in the lobby of a Swedish hostel. “The Chinese Embassy in Sweden is deeply appalled and angered by what happened and strongly condemns the behavior of the Swedish police,” writes the embassy in a statement on 15…

Three reasons to join a professional peer networking group

Everything we thought we knew about networking has changed. Since the internet arrived in every office and home in the modern world, tapping into a large network has never been easier. The possibilities are ever expanding as more people join and the technology becomes more sophisticated. Now you have access to experts in your field…

Nordic Innovation House for Southeast Asia soft-launched

In connection to Slush Singapore (the Finnish global start-up event organiser) and Singapore Week of Innovation & TeCHnology (SWITCH) the much-anticipated Nordic Innovation House (NIH) was soft-launched in Singapore on 13 September. This took place at one of Singapore’s co-working spaces, WeWork, in the downtown business district in front of a sizeable business and start-up…

Danish Business Minister visited Singapore

Major deals were signed when the Danish Business Minister Rasmus Jarlov visited Singapore this week on his first international visit. The prime focus was Maritime Innovation and Fintech. During the three day long visit to Singapore, Danish Minister for Industry, Business and Financial Affairs, Rasmus Jarlov, and his entourage initiated three new important partnerships between Denmark…