Nordic News, Business and Life in Asia
Longboat Energy, an E&P company active in Norway and Malaysia, has agreed to acquire privately held Topaz Number One Limited. The company is thereby increasing its working interest in the …
Longboat Energy announces Asia acquisition Read More
The European Commission is considering imposing punitive rates to protect EU automakers against cheaper Chinese EV imports. “Global markets are now flooded with cheaper electric cars,” said European Commission President, …
EU considers imposing taxes against Chinese EV companies Read More
Norwegian SFL Corporation Ltd. received a car-shipping vessel, manufactured in China on Tuesday, September 12. The ship is dual-powered by liquefied natural gas to fulfill current emission requirements. The vessel, …
Chinese car-shipping vessel delivered to Norwegian SFL Read More
Finnish Wartsila Corp, that provides power solutions for the marine and energy market, plans to produce more dual-fuel and methanol-powered marine engines. The company has stated, that they seek opportunities …
Finnish firm optimistic on China’s shipping business Read More
Vinda International held a management presentation last week for potential buyers of a majority stake owned by Swedish Essity. The Swedish company started the sales process, of its 52% stake …
Hong Kong’s Vinda meets bidders for Essity’s stake Read More
Swedish footwear brand, Vagabond, has opened an official concept store via Chinese TMall. The brand states that it’s aiming to expand within the Asian market by launching a selection of …
Vagabond opens Tmall concept store Read More
Neste, the Finnish oil refiner and biofuels producer, said on Tuesday, September 12, that the company has raised its margin outlook for the third quarter of 2023. The concern added, …
Neste raises margin outlook while struggling to ramp up Singapore refinery Read More
The Danish Milk- and whey-based ingredients supplier, Arla Foods Ingredients, has signed a new agreement with China-based Zhongbai Xingye Food Technology Company, Ltd. The agreement continues the two companies’ partnership …
Danish Arla Foods and Chinese Zhongbai Xingye signs new agreement Read More
Europe’s solar power industry has warned, that cheap Chinese imports has pushed some EU manufacturers to the brink of bankruptcy. Norwegian Crystals, a producer of the ingot used in solar …
Cheap Chinese imports may cause bankruptcies in the EU Solar business Read More
The Tourism Authority of Thailand (TAT) is working on a campaign to make tourists from all over the world see Thailand as a sustainable place that prioritizes ecological protection. Thapanee …
TAT wants global tourists to see Thailand as a sustainable destination Read More