Business in Asia: Sustainability news

China appealed to further cooperation on water resources management

China and the European Union held their 8th High Level Dialogue Conference on water resources via video link in Beijing on Friday 22 January 2021, marking an important part of China-EU relations amid a heap of fruitful results in natural resources and ecological protection. Themed “Strengthening Water Ecological Protection and Promoting Water System Management,” the…

Finnish Huhtamaki invests in new manufacturing unit in Malaysia

Finnish Huhtamaki, a global food packaging specialist is investing EUR 10 million in a new state-of-the-art manufacturing site in Malaysia, the company sates in a press release. The new site is expected to be fully operational in June 2021 and with the investment the company is transferring its Malaysian manufacturing base from Penang to Port…

Danish app offers a way to rescue delicious, unsold food from local shops and restaurants

The Danish company, Too Good To Go, is an app where consumers can purchase food that would otherwise be thrown away, and instead pick up the food at cut-down prices. Overall, one-third of food produced today is either lost or wasted, and the investors see big potential. This idea could potentially turn into a good…

IKEA turns mistake into marketing pitch in Singapore

Swedish IKEA in Singapore has acknowledged a misprint mistake on their reusable bags candidly with an “alamak…” (“Oh, no!”) and sells them anyway – discounted as a limited edition. A missing letter in IKEA’s URL on a print on the company’s new KLAMBY reusable tote bag has not stopped IKEA from selling them anyway. Instead…

Swedish Oatly is rapidly expanding into the Asian market via Singapore

Swedish Oatly is a vegan food brand that produces alternatives to dairy products from oats. With headquarters in Malmö, Sweden, the company started producing alternatives to cow’s milk over 30 years ago using research from Lund University. These days the company has been on a mission to grow its presence in Asia and they are…

Malaysia to file WTO lawsuit against EU

Malaysia plans to file a lawsuit on 15 January against the European Union (EU) on the trade bloc’s policy to phase out palm oil-based biofuels imports to the World Trade Organisation (WTO) by 2030. Datuk Dr. Mohd Khairuddin Aman Razali, Plantation Industries and Commodities Minister said at a press conference at the Palm Oil Economic…

Concept Papers for the Finnish Public Sector Investment Facility has deadline by 5 March 2021

Finland embassy in Hanoi announced on 8 January 2021 that Concept Papers for the Public Sector Investment Facility should be submitted for appraisal no later than by 5 March 2021. The Public Sector Investment Facility (PIF) for developing countries is one of the finance instruments in Finland’s development cooperation policy. Its objective is to support…

Stora Enso’s Eco-friendly pellet packaging wins global Worldstar Award

Finnish packaging company Stora Enso’s design for eco-friendly pellet packaging has been awarded with a prestigious global WorldStar award. The renewable and recyclable packaging is designed for heavy use in transporting and warehousing of wood pellets for heating. The awarded packaging is a sustainable alternative to the standard plastic bag used in the pellet industry.…

EuroCham Cambodia invites to breakfast talk with European brands on 14 Jan

On 5 January 2021 the European Chamber of Commerce in Cambodia invited to a Breakfast Talk on “How can European Brands Meet RE100 and Other Global Goals in Cambodia?” EuroCham Cambodia has decided to reschedule the Breakfast Talk on “How can European Brands Meet RE100 and Other Global Climate Goals in Cambodia?” to 14 January…

Danish technology reduces water usage for paper in Myanmar

Danish support to Pann Thazin, a paper mill in Yangon has demonstrated the value of ‘Dissolved Air Flotation Technology (DAF)’, reducing water usage up to 80 per cent through recirculation of treated water while stopping the discharge of untreated wastewater. Since the discharge of wastewater decreases substantially, the neighbours of the factory do not suffer…