Latest Scandinavian Malaysia News

Nordic Investment Bank – a credit resource for Scandinavian SME’s in Asia

Have you got a great idea, product or service and the company to deliver it but lack the funds to make it all happen?      Then maybe you should talk to the Nordic Investment Bank, NIB, a low-key institution for Nordic companies doing business in Asia and elsewhere.      And you don’t need to be big to…

More Swedish companies get ADB projects – potential to sign contracts for USD 5 Million during 2003

“Several companies from Sweden are short listed for ADB projects,” says Mr.Lars Andreasson, Minister at the Swedish embassy in Manila and responsible for ADB contacts.      “Just recently Hifab won a USD 800 000 consulting contract in Afghanistan. It is reasonable to believe that the outcome of ADB deals to Swedish businesses 2003 will be considerably…

New IKEA store in Kuala Lumpur

Swedish home appliances giant IKEA is currently finishing construction of a large new department store in the Malaysian capital Kuala Lumpur to replace the current much smaller store.      “Our present store, 8000 square meters and located in a shopping centre, is too small and we cannot deliver the IKEA concept fully, says Ms. Asa Hjort,…

Fingerprint Cards selects reseller in Singapore

The Swedish biometric company Fingerprint Cards signed a distributor license agreement early February with Autostar Technology Pte in Singapore.      Based on Autostar’s long experience in the biometric industry, the Swedish company plans to market and sell Fingerprint Cardsด technology in Singapore, Malaysia and Indonesia as well as develop end user solutions and products based on…

Smedvig to build new tender rig in Southeast Asia

Smedvig has entered into an agreement with Malaysia Shipyard and Engineering Sdn Bnd in South Malaysia for the purpose of building a new self erecting tender rig. The new unit is scheduled for delivery in the first quarter 2004, and capital expenditure is estimated to approximately US$67 million,including the derrick equipment set.      The tender rig…

Smedvig to build new tender rig in Southeast Asia

Smedvig has entered into an agreement with Malaysia Shipyard and Engineering Sdn Bhd in South Malaysia for the purpose of building a new self erecting tender rig. The new unit is scheduled for delivery in the first quarter 2004, and capital expenditure is estimated to approximately US$ 67 million,including the derrick equipment set.      The tender…

Innovation improves service at Santa Fe

Santa Fe, EAC’s Moving & Relocation Services, has developed a web-based Tenancy Management System which give their customers easy access to information about the properties they lease to house their expatiate staff.      The new system enables both Santa Fe and its corporate customers – via any computer connected to the Internet – to access customer-specific…

Carlsberg Breweries strengthens its focus on Asia

Jesper Bjorn Madsen has been appointed Senior Vice President of Carlsberg Breweries A/S with primary responsibility for the Asian activities as of 1 August 2003 and will return to Copenhagen to take up this new responsibility.      Jesper Bjorn Madsen is currently CEO of Carlsberg Hong Kong Ltd. and Chief Operations Officer responsible for Carlsberg Asia’s…

Nordic Capital takes over Maersk Medical

The Swedish investment company Nordic Capital has taken over Maersk Medical, which among others production facilities in Singapore and Malaysia.      Maersk Medical is one of Denmark’s leading med-tech companies. Maersk Medical develops, produces and markets sterile single-use medical devices to the health care sector. The product portfolio includes disposable medical devices such as catheters, surgical…