Category: News

Finnish and Indonesian Foreign Ministers met in Helsinki

On Monday 18 June Foreign Minister of the Republic of Indonesia, Retno Marsudi, visited Helsinki and met with Finland’s Minister for Foreign Affairs Timo Soini. Minister Retno Marsudi’s visit to Finland was related to the meeting of the UN Secretary General’s High-Level Advisory Board on Mediation, organised in Helsinki. The Foreign Ministers discussed the bilateral…

Myanmar court charges Reuters reporters under Official Secrets Act

The Scandinavian embassies in Myanmar are still pleading for the release of two jailed Reuters journalists. Today the court has decided to charge them under the criticized Official Secrets act.  The two Reuters journalists, Wa Lone and Kyaw Soe Oo, has been charged with violating the Official Secrets Act, according to Reuters. The Official Secrets…

Chinese Embassy criticises Swedish media

In a news statement, dated 3 July 2018 and titled ‘Chinese Embassy Spokesperson’s Remarks on Expressen’s Article About China’ the Embassy of the People’s Republic of China in the Kingdom of Sweden states: Recently, the Swedish newspaper, Expressen, published an article, “Så straffas svenska Journalister av Kina”, and accused China of being “dark” and “suppressing…

Denmark’s Foreign Minister visited China

In late June Danish Foreign Minister, Anders Samuelsen visited china, including to China Zun Tower. “It will be the first time ever a delegation is allowed to visit this building”, a security personal told the waiting crowd. It was the impressive water pumping system delivered by Danish Company Grundfos that was the reason for the…

Kone won three metro projects orders in China

Finland’s global leader in the elevator and escalator industry, KONE, has announced it won orders for three metro projects in China, described as “an important infrastructure market for the company”. The orders are for Changsha Metro Line 5, Xiamen Metro Line 2, and Nanning Metro Line 3. The order for Changsha Metro Line 5 includes…

Collectius acquires non-performing loan portfolio in Philippines

Collectius Group from Sweden has announced that it acquires a 100 million USD non-performing loan (NPLs) portfolio in the Philippines. The transaction permits Collectius to support 170 000 debtors to become debt free. The deal with a local bank further strengthens Collectius position as the preferred debt purchaser of consumer non-performing loans (NPLs) in the…

Dtac accelerate announced Batch 6 finalists

In search for heavyweight start-ups with global potential Telenor-owned dtac in Thailand has announced the 11 startup finalists, selected out of 25 teams, to participate in the dtac accelerate batch 6 (group of start-ups round six) incubator program. The finalists, announced on Pitch Day, will receive seed funding, ranging from 500,000-1.5 million baht per team,…

New Vestas turbines order in China

Vestas has secured a 72 MW order for 20 V126-3.45 MW turbines delivered in 3.6 MW Power Optimised Mode. The order is the second Vestas has received for the 4 MW platform in China and the first order of V126-3.45 MW. As China moves towards higher rating turbines, Vestas leverages its extensive experience and capabilities…

NordCham Philippines held Midsummer Feast

NordCham Philippines and the Makati Garden Club brought together members and guests to celebrate the Summer Solstice, or Midsummer. “The celebrations were fabulous – everybody danced around the maypole, while the kids had a great time in the garden. The flower crowns worn by the ladies and the singing over schnapps led by the gents…

Swedish Visa application center opened in Yangon

The Embassy of Sweden Bangkok has announced the opening of their Visa Application Centre operated by VFS Global Myanmar Ltd. in Yangon. On July 2, the Embassy’s Migration Liaison Officer, Mr Magnus Petrone, was in Yangon to open the Swedish Visa Application Center operated by VFS Global. The center is now up and running. If…