Nordic News, Business and Life in Asia
Southeast Asia has entered 2025 with one of the world’s strongest regional growth outlooks, with forecasts hovering around 4.5 percent, well above the global average. Combined with stable macro fundamentals, …
Why Investors See Southeast Asia as a Growth Engine Read More
Gia Lai Province has withdrawn from a Finland-funded phase of the Pleiku urban drainage and wastewater treatment project, citing conflicts between the donor’s conditions and Vietnam’s procurement and investment laws. …
Gia Lai cancels 27.2 million$ Finnish ODA for Pleiku wastewater project, opts for domestic funding Read More
Danish renewable-energy developer Ørsted has announced plans to reduce its global workforce from around 8,000 to about 6,000 employees by the end of 2027, citing a need to align staffing …
Ørsted to cut 2,000 jobs globally – impact in Asia uncertain Read More
Swedfund, the Swedish government’s development finance institution, has invested 15$ million in a new fund that supports growing businesses in Vietnam. The fund, called Excelsior Capital Vietnam Fund II, focuses …
Sweden invests 15$ million in Vietnamese business growth fund Read More
Finnish technology company Nokia has signed an agreement with Malaysian internet service provider Extreme Broadband (EBB) and its subsidiary Open DC to upgrade Open DC’s artificial intelligence (AI) data centers …
Nokia partners with Extreme Broadband on Malaysia data centers Read More
Danish renewable energy giant Ørsted has secured approximately $3 billion (TWD 90 billion) in funding for its Greater Changhua 2a and 2b offshore wind farms in Taiwan. According to Ørsted, …
Ørsted secures $3 billion funding for Taiwanese offshore wind projects Read More
Finnish underground technology specialist Normet Group has announced that it will redeem a 30-million-euro hybrid bond originally issued on 19 May 2023. The redemption will take place on 19 June …
Normet announces bond redemption as operations continue across Southeast Asia Read More
Thai energy group BANPU has partnered with Denmark’s Copenhagen Infrastructure Partners (CIP) to launch a joint venture focused on carbon capture, utilization, and storage (CCUS) in the United States, starting …
BANPU and Denmark’s CIP launch $500 million carbon capture venture in the U.S. Read More
The Danish founded Saxo Bank’s Singapore operations have seen a major boost in 2024, with the firm reporting that assets managed through its External Asset Manager (EAM) segment have doubled …
Saxo Singapore reports strong 2024 growth as EAM assets surge Read More
Many international businesses turn to China for manufacturing due to cost efficiency and production infrastructure. However, managing operations overseas can raise challenges for maintaining a strong U.S. presence. How can …
Running Manufacturing in China While Maintaining U.S. Market Presence Read More