Business in Asia: Construction, infrastructure news

Chinese-backed Finnish venture of world’s longest undersea rail tunnel back on agenda

The Chinese-backed Finnish venture of building the world’s longest undersea rail tunnel from Helsinki to Tallinn was rejected by the Estonian government last year, but now talks are back on the agenda. According to BNN Bloomberg, the Estonian incoming government now plans to restart positive talks with Finland. The plan promoted by Finnish entrepreneur Peter…

Finland provides Vietnam with $ 100 million for public sector investment

After several rounds of negotiation, it’s been agreed that Finland will provide $ 100 million for public sector investment in Vietnam. Signed by Tran Xuan Ha, Deputy Minister of Finance, and Kari Kahiluoto, Finnish Ambassador to Vietnam on 21 January, Finland will under a bilateral Framework Agreement on the use of Public Sector Investment Facility…

Danfoss to build $7.7m refrigeration R&D center in China

According to Danfoss China, the Danish manufacturer is to build a new global refrigeration R&D and testing center in China. The new 7,000m2 center will be dedicated to research and development and will be located in the Wuqing District, Tianjin. The new R&D and testing center is expected to be completed within the next year.…

Jotun Thailand release Color Trends 2021

JotunThailand introduces a set of 29 colors from Jotun Colour Trends 2021. The colors are specially selected to allow one’s creativity to run wild. With colors ranging from warm rustics to soft neutrals, nature-inspired hues and alluring pastels, it inspires to build an individual color story.   Explore the possibilities with colors and browse Jotun’s alluring…

Singapore CapitaLand collab with KONE Corperation to establish R&D lab to create smart city solutions

The Smart Urban Co-Innovation Lab, led by Southeast Asian real estate group, CapitaLand, is collaborating with Finland’s KONE Corporation to foster innovation, creativity and deploy smart city solutions in Singapore. The aim is to create greener, sustainable, and smarter everyday urban environments for the future. Axel Berkling, executive vice president, Kone Asia Pacific said “The…

Sweden guaranteed $2Billion in loans to fund Vietnamese airport projects

On 10 December 2020 the government of Sweden, a long-time ally of Vietnam, guaranteed up to $2bn in loans from its banks to help fund Vietnamese airport projects, including Long Thanh International, which is set to become one of the largest in Southeast Asia. The guarantee is given by Sweden’s Export Credit Corporation. Aviation news…

Cities for People’ by Danish architect Jan Gehl translated to Myanmar language

The sustainable urban planning book ‘Cities for People’ by Danish architect Jan Gehl has been translated into the Myanmar language and will be available soon for students, professionals, architects, engineers, and all of Myanmar urban enthusiasts. The book has now been translated into 37 languages. It is a quintessential guidebook for ‘human scale’ urban design…

Embassy of Finland in Philippines reopened

Finland reopened its embassy in Manila after almost a decade in apparent recognition of the importance of Asia in world economy and geopolitics. Finnish Ambassador H.E. Juha Markus Pyykkö was among the seven new ambassadors welcomed by President Rodrigo Duterte on Wednesday 2 December in Malacañang. The ambassadors presented their credentials to the President online…

Thai Swedish Chamber of Commerce welcomes new member Epiroc

Thai Swedish Chamber of Commerce introduced and welcomed on 1 December 2020 their new member, Epiroc. Epiroc is a leading global productivity partner for the mining and infrastructure industries. With cutting-edge technology, we develop and produce innovative, safe and sustainable drill rigs, rock excavation and construction equipment, and tools. They also provide world-class service and…

Innovative fans are invite to Taiwan Expo 2020 Thailand on 4-6 Nov at Rosewood Bangkok

On 4 November 2020 at the Thai-Norwegian Chamber of Commerce‘s corporate member Rosewood Bangkok, a three-day B2B event is hosted to build valuable relationships between Taiwan and ASEAN. The event is the second edition for Thailand with the pandemic challenge so the organizer decided for a semi-virtual expo, where guests are invite to visit, meet…