Nordic News, Business and Life in Asia
Swedish fashion retailer, H&M, has announced that the company will gradually stop sourcing from Myanmar. This is as reports of labor abuses in garment factories in the country is increasing. …
H&M will ‘phase out’ sourcing from Myanmar Read More
Finnish Minerals Group and Beijing Easpring has agreed on a joint venture to establish a production facility for cathode materials. The production will be set up in the Finnish city …
Finnish Minerals and Beijing Easpring plans for joint cathode materials production Read More
The global leading pump manufacturer based in Denmark, Grundfos, celebrated its 30th anniversary of operations in Thailand on 9 June 2023. “Over the past three decades, Grundfos has expanded its …
Grundfos Thailand celebrates 30 years as global leader in advanced sustainable water solutions Read More
IndustriAll has called out the Swedish fashion group for continuing to source from Myanmar despite the country’s humanitarian crisis brought on by the military coup. IndustriAll said that H&M’s responsible …
H&M criticized for continuing Myanmar sourcing Read More
Shanghai-listed Putailai (PLT) is is investing $1.3bn in a Swedish factory. The factory will be Europe’s largest factory for manufacturing anodes, a crucial part of the batteries that go into …
Chinese company to build Europe’s largest anode factory in Sweden Read More
Managing a manufacturing business’s inventory can be one of the most difficult tasks any industry faces. With so many varying products and materials to keep track of, it’s essential to …
Top 4 Most Effective Inventory Management Systems for the Manufacturing Industry Read More
The Danish audio and video equipment firm, Bang & Olufsen reported a drop of its shares 11% lower by 1513 GMT after disappointing sales in China in the third quarter …
Danish Bang & Olufsen shares drop after disappointing China sales Read More
A forecast for February shows, that the production level at Chinese factories has not been higher since April 2012. The high production level follows the reopening of the Chinese society …
Highest production in China in ten years Read More
Binh Duong province of Vietnam has attracted more than 4,082 foreign direct investment (FDI) projects with nearly US$40 billion of registered funds by the end of 2022. Denmark was the …
Binh Duong province of Vietnam attracts more than 4,000 foreign direct investment projects Read More
FILE PHOTO: Workers load palm oil fresh fruit bunches to be transported from the collector site to CPO factories in Pekanbaru, Riau province, Indonesia, April 27, 2022. REUTERS/Willy Kurniawan/File Photo/File …
Indonesia and Malaysia send envoys to EU over deforestation law Read More