Business in Asia / China / Denmark / Finland / Hong Kong / Iceland / Indonesia / Malaysia / Norway / Philippines / Retail & Wholesale / Services / Singapore / Sweden / Taiwan / Thailand / Transportation, maritime

Ikea to raise prices worldwide due to supply chain problems

- by Gregers Møller - Leave a Comment

The Swedish furniture giant will raise prices by an average of 9 percent across its stores worldwide due to problems in the supply chain, TV2 writes. According to IKEA’s press contact in …

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Business in Asia / Construction, infrastructure / Norway / Singapore / Transportation, maritime

Singaporean yards agrees to defer $1.4 billion receivables from Borr Drilling for 2 years

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The Norwegian company Borr Drilling Limited recently announced that it has reached agreements in principle with the company’s largest creditors, the Singaporean yards, to refinance and defer a combined $1.4 billion debt …

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Business in Asia / Denmark / Hospitality / Norway / Services / Sweden / Thailand / Transportation, maritime

Thailand’s Phuket and Krabi welcomed TUI charter flights from Norway

- by Gregers Møller - 2 Comments.

The Tourism Authority of Thailand (TAT) recently welcomed TUI Nordic’s first winter 2021/2022 charter flights to Phuket and Krabi, as part of the tour operator’s series of charter flights from …

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Business in Asia / Philippines / Retail & Wholesale / Services / Sustainability / Sweden / Transportation, maritime

IKEA Philippines partners with Mober for e-vehicle delivery service

- by Gregers Møller - 1 Comment

IKEA Philippines has teamed up with the Filipino technology-logistics company Mober for its last-mile electric vehicle delivery to reduce carbon emissions, PhilStar reports.  The Swedish furniture giant is selling more and more …

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Business in Asia / Denmark / Hong Kong / Trading & Logistics / Transportation, maritime

Maersk to acquire Hong Kong-based LF Logistics, a premium omnichannel fulfillment company

- by Gregers Møller - 1 Comment

Maersk has reached an agreement to acquire LF Logistics, a Hong Kong-based contract logistics company, with premium capabilities within omnichannel fulfillment services, e-commerce, and inland transport in the Asia-Pacific region, …

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Business in Asia / Denmark / Manufacturing / Philippines / Trading & Logistics / Transportation, maritime

Philippine exports to Denmark saw major growth in September

- by Gregers Møller - 1 Comment

Despite the pandemic, Philippine exports to Denmark rose 205 percent year-on-year in September, according to the Department of Foreign Affairs (DFA). Preliminary data from the Philippine Statistics Authority (PSA) and the …

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Business in Asia / Denmark / Finland / Norway / Singapore / Sweden / Thailand / Transportation, maritime

Finnair to resume direct flights between Helsinki-Krabi with 4 flights a week

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Finland’s largest airline Finnair has become the first international airline to resume flights to Krabi, with the operation of a four times weekly service between Helsinki and Krabi, the Tourist …

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