Swedish Minister for Foreign Trade Ann Linde recently met with six ambassadors to Sweden representing each their ASEAN country. The envoys have organized themselves as Asean Committee in Stockholm (ACS). According to the website Business Mirror, the ACS is chaired by Ambassador of Indonesia to Sweden Bagas Hapsoro, and is composed of ambassadors from Indonesia,…
Norwegian shipping and tank terminal company Odfjell SE has finalized the sale of its indirect 55% equity stake in Odfjell Terminals Jiangyin (OTJ), China, to Yangzijiang Shipbuilding (Holdings) Ltd. for a price of approximately USD 46 million. The transaction will result in a capital gain expected to be booked in 3Q, and net proceeds to…
Norwegian canned fish firm King Oscar added in 2018 16.4 mill. NOK to the profit of its owner, Thai Union Group. The good news was reported by the seafood business news website undercurrent.com. Turnover in the 2018 financial year rose 2.7% to NOK 190.7 million but as cost of goods sold rose further, the operating…
Tetra Pak, the leading Swedish packaging solutions company, signed on 4 July 2019 a Memorandum of Understanding with the key partners of the Bangkok School Milk Carton Recycling Project. The project is initiated by Dairy Farming Promotion Organization of Thailand – originally established by Denmark – in collaboration with Bangkok Metropolitan Administration, Fiberpat Limited (recycling…
Rodrigo Duterte, president of the Philippines, is “seriously considering” cutting diplomatic ties with Iceland, his spokesperson Salvador Panelo has reported. The reason is that Iceland on Thursday. July 4, filed a draft resolution that will push the United Nations Human Rights Council (UNHRC) to call for concrete actions against the rising number of killings in…
H&M – Hennes & Mauritz – the global Swedish fashion giant with stores in all the countries in Asia and production in several of them, is gradually phasing out the use of plastic bags and instead offering the customer to buy a paper bag. In Singapore, the shift takes effect at all H&M stores from…
Norway, Denmark, Sweden, Iceland and Finland signed on 8 July 2019, along with 17 other nations, a letter addressed to the president of the UN Human Rights Council and the UN High Commissioner for Human Rights calling on China to end its massive detention program in Xinjiang. The letter expressed concern about “credible reports of…
Norwegian solar integrator Scatec Solar and partners have grid connected its third solar power plant in Malaysia, the 66 MW (DC) Merchang plant. The company now has a total of 197 MW in operation in Malaysia. “We are pleased to have reached another important milestone together with our partners in Malaysia. This also marks the…
China’s goals in developing its influence in the Artic region is examined in an article on the website of the Arctic Institute – an independent organization headquartered in Washington, D.C with participation from all the Nordic countries, Denmark, Sweden, Norway and Finland. In later years, Arctic nations such as Denmark, Sweden and Norway have increasingly…
To mark the commencement of Finland’s Presidency of the Council of the European Union (EU), the Ambassador of Finland to China Jarno Syrjälä and the Ambassador of the EU Delegation to China Nicolas Chapuis held a press conference at the Ambassador’s Residence of the Finnish Embassy in Beijing on Thursday, informing media of the priorities…
