Latest Scandinavian Digital Economy News

Slush, Finnish and Swedish solutions, start-ups at Startup Thailand

Startup Thailand’s 2018 main Bangkok event, held in May, saw presentations from highly interesting Finnish and Swedish start-ups as well as an introduction from Slush Singapore and Startup Commons, a company from Finland providing expertise globally on building digital start-up systems. Startup Commons’ workshop on 18 May was titled ‘Digital Side of Startup Ecosystem Development,…

Blockchain in Transport Alliance starts Asia growth

Blockchain in Transport Alliance (BiTA) newly opened its Asia office in Singapore, operated by the Dane Soeren Duvier and Jana Lee. With many global supply chain members its primary intent to grow members in the Asian market has already gained results, with BiTA announcing NR Capital as new member in the Alliance. NR Capital is…

Telenor’s dtac gives Thailand’s spectrum auction thumbs down

The writing was already on the wall for Thailand’s regulator National Broadcasting and Telecommunications Commission (NBTC). In addition to another operator having already opted out Total Access Communication PCL, (Dtac), Norwegian Telenor’s Thailand-base operator, had repeatedly flagged its objections concerning the upcoming 1800 MHz spectrum auction. On 9 April dtac urged (handing and official letter…

Nordic health companies to attend Teachsauce Bangkok summit

Five Nordic companies within the health sector (two from Denmark, two from Finland and one from Sweden) will be represented at the 2018 edition of Thailand’s tech start-up event Techsauce Global Summit as part of its Health Tech stage. Susie A. Ruff, CEO and Executive Adviser of RUFF & Co. Business Innovation from Denmark co-curates…

dtac accelerate ‘batch 5’ start-up raises funding

Cookly, the leading platform for cooking classes and culinary experiences around the world has announced a Pre-Series A funding round led by Zcoin founder Poramin Insom. Zcoin ranks among the top 100 most valuable cryptocurrencies worldwide. Venture Capital 500 TukTuks, who also invested in the previous seed funding, followed on in this round. “We strongly…

Postponed Finnish minister visit to Thailand set for August

The Finnish Minister of Economic Affairs Mika Lintilä, is now set to visit Thailand in August 2018. Businesses are invited to join the Team Finland business delegation to Thailand where the high level visit will explore new business opportunities, in particular within energy and digitalization. This visit was originally planned for June 2018 and was…

Swedish Stena invests in debt collection company Collectius

Collectius, a Swedish-Singaporean debt collection and receivables acquisition company with close to 20 years of experience in the South East Asian region, has announced the conglomerate Stena as its new investor, making a multimillion dollar equity injection and increases its commitment through a credit line. Being one of the largest family-owned companies in Sweden Stena…

Danes see Malaysia gateway to thriving Asean consumer market

The 640-million strong ASEAN population has gained prominence in recent years as a promising consumer market, with a thriving young middle-class (median age of 29) becoming more urban. Nielsen has projected that the Asean middle class – people with disposable income of US$16-US$100 per day – is projected to reach 400 million by 2020. And…

Metaltech Malaysia: Monitor ERP System invited to Swedish ‘Fika’

During 23 – 26 May the Monitor ERP Southeast Asia team attended the Metaltech 2018 trade show in Kuala Lumpur, their biggest appearance yet in the region – as Gold Sponsor. Being of Swedish origin, and including many Swedish members in the recently strengthened Malaysia-based team, their CEO Mr Morgan Persson from the headquarters also…

Augmented reality and machine learning next for games producer Jakob Lykkegaard

Jakob Lykkegaard Pedersen, known from the gaming company Playlab, is clearly one of those uniquely talented entrepreneurs – and who is making it in Asia while having the whole world as his market. At the age of just thirty Jakob has already succeeded in doing two start-up exits. With his new venture Lykke Studios he…