Nordic News, Business and Life in Asia
Clothing giant H&M is considering raising retail prices and passing the buck onto the consumer to help pay higher wages to garment workers in poor countries. There won’t be any …
H&M may raise prices to increase Cambodian workers’ wages Read More
Sweden, the third-largest exporter of sawn timber globally, expects shipment to China to triple this year from 2012 on rising demand. Mikael Eliasson, president of Swedish Wood, an industry association, …
Sweden’s timber export to China to triple in 2013 Read More
China International Marine Containers Group (CIMC) has acquired 90-percent ownership of Swedish rig specialist Bassoe Technology AB, announced CIMC Raffles, the group’s major offshore business, on 14 December 2013. Bassoe …
Chinese Group Acquires Swedish Rig Specialist Read More
Denmark’s Haldor Topsoe will invest about DKK900 million to build catalyst plant in China. The board of directors of Haldor Topsoe has approved the capital investment needed to carry out …
Denmark’s Haldor Topsoe to set up catalyst plant in China Read More
Danish bio-innovation company Novozymes and the China Knitting Industry Association (CKIA) have signed a strategic partnership in a bid to jointly promote sustainable development in the Chinese textile industry by …
Novozymes boosts China knitting industry’s green credentials Read More
A section dedicated to Danish food products has recently been opened in the high-end supermarket CenturyMart in Bailian Xijiao Mall in Shanghai by the Consul General in Shanghai, Mr Nicolai …
Chinese supermarket showcases Danish food products Read More
The Finnwatch monitoring group has issued a report detailing poor working conditions at a glass factory in Thailand that produces goods for two prestigious Finnish design companies, Marimekko and Fiskars …
Beautiful Marimekko, Iittala designs made in Thai sweatshops conditions Read More
Volvo Group of Sweden said it is eyeing 50 percent growth of its truck business in Asian countries after it launched a new heavy-duty UD truck range with Dongfeng on …
Volvo group eyes 50% of China, Asian truck business Read More
Nordea Bank, the Nordic region’s largest bank, will open a full-scale currency and money markets desk in Singapore to offer clients trading around the clock as it expands services for …
Nordea to open currency desk in Singapore Read More
Danish brewer Carlsberg upped its stake in China’s Chongqing Brewery to 60 per cent, strengthening its foothold in the world’s largest beer market by volume, and hopes to increase its …
Carlsberg consolidates position in China Read More