Nordic News, Business and Life in Asia
IKEA’s combination of low prices and easily assembled products is a hit with China’s growing number of middle-class homeowners. Some customers have taken the store’s hospitality too far and are asleep …
China’s Middle-class Loves IKEA Read MoreEast Asiatic Company (EAC) Thailand, one of the oldest foreign companies in Thailand with Danish roots, will soon be history as the German company Brenntag Holding has purchased its industrial …
EAC Disappear From Thailand Scene Read MorePippi Longstocking is a vital part of the Swedish exhibition in Shanghai, an exhibition praised for its balance between being child-friendly and at the same time interesting from a business …
Pippi Longstocking and the ”Spirit of Innovation” Read MoreFans of IKEA in Hangzhou will have to accept a rain check from IKEA. Back in October of 2008, IKEA China’s vice president for real estate purchasing Gao Feng and …
IKEA Plans on Hold for Hangzhou Read MoreZhejiang Geely Holding Group Co is expected to complete it takeover of Swedish luxury car brand Volvo from US automaker Ford Motor Co on Monday after getting government approval for …
Geely Takes Over Volvo Monday Read MoreIndonesia has hit the fast lane in terms of auto sales and has overtaken Southeast Asian pace-setter Thailand for the first time, according to a Nikkei survey from the first …
Indonesia Overtakes Thailand in Car Sales Read MoreFinnair will acquire two 270-seat Airbus A340 wide-bodied aircraft to meet its growing long-haul traffic needs. The aircraft will be acquired on lease agreements of around four years from the …
Finnair to Expand its Asia Fleet Read MoreLuxury brands and fast fashion brands such as H&M and Zara are now expanding into several second-tier China cities. “Retailers do not have their eyes solely on first-tier cities, where …
H&M now expanding Into Second-tier Cities Read MoreDanish shipping and container giant A.P. Møller-Mærsk has been hit by two malicious computer viruses in quick succession, ComputerWorld writes. Despite round the clock efforts to solve the problems, the …
Maersk in the Philippines Hit by Virus Read MoreStatoil, with a well established portfolio, continues to look for expansion opportunities to secure its place among the top exploration and production companies, Morten Ruud, project director Peregrino, said in …
Statoil Sends FPSO to Peregrino off Brazil Read More