Latest Scandinavian Business 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,…

Wallenberg foundation donates big for NTU Singapore fellowship

The Knut and Alice Wallenberg Foundation (KAW) and Nanyang Technological University, Singapore (NTU Singapore) have just announced a big donation of 50 million Swedish krona (S$7.6 million) as endowed gift to establish a prestigious postdoctoral fellowship. The donation is the largest single gift in perpetuity by a foreign entity to NTU Singapore. The Wallenberg-NTU Fellowship…

China-Norway coop held in Shanghai

China and Norway joined hands in a financial cooperation seminar held in Shanghai. The cooperation between China and Norway has flourished in many areas, including political, cultural, environmental, educational, sport, science, trade, investments and finance, according to Global Times. That’s the basic point expressed by Geir O.  Pedersen, Ambassador, Royal Norwegian Embassy in China who held the…

The company behind illegal North Korean arms trade was a customer of Danske Bank

The biggest banking scandal in the modern history of Denmark continues to add new unexpected shades to the story. The scope of the Danske Bank money laundering scandal is greater than expected according to the Danske Bank CEO. Back in 2009, the bank was involved in a criminal case about illegal trafficking of North Korean…

Denmark co-organised Indonesia Circular Economy Forum

On June 28-30 Embassy of Denmark in Jakarta together with Greeneration Foundation organised the multidisciplinary event ‘2nd Indonesia Circular Economy Forum 2018’, in Surabaya, Indonesia. With the help from Blue Economy Foundation, Indonesia Global Compact Network and Yayasan Pengembangan Produksi Bersih Nasional, the forum allowed attendants to gain new knowledge and to share experiences in…

Team Finland Bangkok visited Huhtamaki plant

On Tuesday 12 June, Finland’s Ambassador Satu Suikkari-Kleven together with her Team Finland in Bangkok and a representative from Thai-Finnish Chamber of Commerce (TFCC) visited Huhtamaki‘s factory in Samutsakorn. Huhtamaki, a prominent Finnish company, is a global specialist in packaging for food and drink. Today, Huhtamaki employs approximately 16,000 employees in over 70 manufacturing units…

Swedish Ambassador met with Thai Ministers, highlighting 150 years

On 26 June Swedish Ambassador Staffan Herrström paid courtesy calls to Thai ministers, also highlighting the 150 years Anniversary between Thailand and Sweden and some activities the Embassy is planning during 2018. The Ambassador met with H.E. General Surasak Karnjanarat, Minister of Natural Resources and Environment, discussing cooperation on joint global challenges within Oceans and…

Chinese popular foam toys “squishies” pose a threat to health

Found of toxic chemical substances in popular foam toys from China makes The Danish Environmental Protection Agency advise people to throw out all “squishies”. A study on 12 squishies carried out by The Danish Environmental Protection Agency showed that 12 out of 12 squishies contained toxic chemical substances (dimethylformamide). This find causes the agency to…

Denmark’s Malaysia ambassador climbed Mount Kinabalu

Diplomats need to see things from above – sense the lay of the land. So on Sunday, June 24, our Ambassador Jesper Vahr, together with Ambassador Postl of Austria and UN Resident Coordinator Priesner, hiked to the top of Mount Kinabalu at 4,095 metres – often described as the highest peak in geographical Southeast Asia,…

Nordics joined Vietnam plastic pollution advocacy campaign

On 4 June Finland, along with Denmark, Norway and Sweden, along with other international partners established a joint effort in combating plastic pollution in Vietnam. Forty-one embassies and international organisations marked World Environment Day by signing a Code of Conduct on Combatting Plastic Pollution. The signing ceremony was a highlight in the Plastic Pollution Advocacy…