Nordic News and Business Promotion in Asia
The European Commission has rejected proposals from Chinese electric vehicle (EV) makers to adjust their prices in an attempt to avoid steep tariffs. The tariffs follow a months-long investigation led …
EU rejects Chinese EV price adjustments, raising trade tensions Read More
Several Chinese electric vehicle (EV) manufacturers are moving production to Europe. This is in response to the European Union’s increased import tariffs on EVs made in China. The EU’s new …
Chinese EV manufacturers shift production to Europe in response to EU tariffs Read More
Southeast Asia to overtake China in gross domestic product (GDP) and foreign direct investment (FDI) over the next 10 years, according to the “Navigating High Winds: Southeast Asia Outlook 2024 …
Southeast Asia to overtake China in GDP and FDI over the next 10 years Read More
– Streamlines processes and industry 4.0 adoption; enables green manufacturing, efficiency, and production improvements Virtual Manufacturing (VM) in Thailand is now an established Swedish-Thai lean consultant facilitating and spearheading Smart …
Virtual Manufacturing: Lean production facilitators Read More
The Swedish company Electrolux, mostly known for creating Swedish home appliances, will shut down their regional headquarters in Singapore in May 2024. It has been stated by sources that this …
Electrolux regional HQ in Singapore announces shutdown Read More
’Pioneering the possible’ is what Business Sweden (BS) is doing in Malaysia, under the new leadership (since 2022) of Trade Commissioner Emma Broms. Post covid-19 she is very optimistic about …
Emma Broms, Business Sweden Malaysia: Great optimism, towards green transition Read More
Singapore-based solar manufacturer REC has closed its two polysilicon production facilities in Norway. The Singapore-based manufacturer ceased operations in Kristiansand and Porsgrunn due to the Norwegian production being financially unsustainable. …
Singapore-based REC closes Norwegian facilities Read More
Finnish clothing brand Marimekko launched its first shop in Malaysia yesterday on 19 October, 2023. The Embassy of Finland in Kuala Lumpur joined the celebration of the opening in the …
Marimekko launches its first shop in Malaysia Read More
The Ministry of Science and Technology has issued a certificate for the British-Swedish pharmaceutical company’s production technology and packaging process to be transferred to a company in Vietnam. AstraZeneca is …
AstraZeneca is transferring production technology to Vietnam Read More
Chinese battery-materials maker, Ningbo Shanshan Co. Ltd., has shared that the company is planning to invest up to 1.28 billion euros in a new plant in Finland. The project is …
Chinese battery-materials maker invests in Finnish factory Read More