Nordic News, Business and Life in Asia
Rumors have been circulating for a few weeks but Telenor Group has now officially confirmed that the Norwegian telecom giant has agreed to sell its 51 percent share in Wake …
Telenor confirms sale of share in Wave Money Myanmar to Yoma Strategic Read More
The Norwegian telecom giant Telenor has agreed to sell its 51 percent stake in Myanmar’s mobile financial services provider Wake Money, Nikkei Asia reports. According to people close to the deal, Telenor …
Sources say Telenor is to sell its stake in Myanmar’s Wave Money Read More
Norges Bank Investment Management (NBIM), which runs Norway’s Government Pension Fund Global (GPFG), has decided to exclude one of China’s top pharmaceutical companies, Yunnan Baiyao due to endangered animal concerns. …
Norges Bank excludes Chinese Yunnan Baiyao on endangered animal concerns Read More
The Swedish pension fund AP7 has on 8 December updated its black list and added a total of seven new companies including five Chinese coal-fired power companies, the fund recently announced. …
Swedish pension fund blacklist five Chinese companies due to the Paris Agreement Read More
Thailand’s property market is poised for a tech transformation after Lazudi became the kingdom’s first cloud-based property agency with a $2 million investment from Swedish venture capital company PropTech Farm, …
Thailand’s Lazudi raises $2m investment from Swedish venture capital firm PropTech Farm Read More
The Norwegian company Zwipe, a leading biometrics payment company, announced that it had appointed Claus Hansen as Vice President of Sales and Business Development, Asia Pacific (APAC) region. Mr. Hansen will lead …
Norwegian Zwipe appoints Asia Pacific region Head to strengthen its regional presence Read More
The Norwegian private equity firm Bluefront Equity AS recently announced plans to acquire a “significant stake” in the RAS specialist, AquaBioTech Group through a combination of purchase of shares and …
RAS specialist set to expand into Singapore and Norway Read More
The Chinese authorities’ recent regulatory actions have seen some foreign investors and market participants being concerned that it could bring a change in China’s policies, but according to IPE, three major …
Nordic pension investors not concerned with Chinese authorities recent regulatory actions Read More
According to a letter posted on Myanmar’s Central Banks website on 2 August, major banks in the country have to limit the number of foreign staff members to no more …
Myanmar limits number of foreign staff members in the banking sector Read More
The Indonesian Peer-to-peer (P2P) lending startup, Amartha has raised $7.5 million from the Norwegian government-owned investment fund, Norfund, media Dealstreetasia reports. Amartha is a financial technology company that connects micro and SME …
Indonesian Amartha raises $7.5 million in funding from Norway’s Norfund Read More