Latest Scandinavian Business Solution News

EU Ambassador met with Cambodian priminister to further strengthen relationship

European Union Ambassador to Cambodia, Ms. Carmen Moreno told Cambodian Prime Minister Hun Sen that the EU will continue to be a development partner of the kingdom, assisting Cambodia’s sustainable economic development during a courtesy call on the premier at the Peace Palace in Phnom Penh on 2nd December 2019. Eang Sophalleth, Prime minister Hun…

Successful Finnish smart energy, circular economy Thailand delegation

A Team Finland business delegation, led by Ms. Nina Vaskunlahti, Deputy Minister, Under-Secretary of State for External Economic Relations,visited Thailand on 30 September to 1 October (followed by Myanmar). Following on the Team Finland export promotion trip to Thailand in 2018, the main purpose this time was to promote cooperation in the fields of smart…

Unique Monitor ERP System Malaysia – OCBC Bank MoU supporting SMEs

On 27 November the Monitor ERP System’s Malaysian subsidiary landed yet another milestone for 2019 by entering into a Memorandum of Understanding with OCBC bank. This new partnership will enable lending support to SMEs wishing to purchase the Swedish cutting-edge ERP system for manufacturing. “Financing of software is, as we all know, very rare. So…

Finns soft-launch Waste-To-Value Centre in Singapore

On 14 November, initiated by Finnish experts and with support from the Embassy of Finland, a Waste-To-Value Centre was soft-launched in Singapore, with Ms Katri Kulmuni, Deputy Prime Minister and Minister of Economic Affairs, Finland in attendance. The Waste-To-Value-Centre was inaugurated in connection with a seminar at Nanyang Technological University, whose Nanyang Environment & Water…

Nordic Forum Circular Economy, Energy held in Kuala Lumpur

On 9 October a Nordic Forum on Circular Economy and Energy took place in Kuala Lumpur featuring prominent Nordic as well as Malaysian speakers. The Embassies of Denmark, Finland, Norway and Sweden in Kuala Lumpur, together with the Honorary Consulate General of Iceland, hosted this forum, in the sidelines of the 10th International Greentech &…

Nokia and Hutchison 3 to provide new technology to Indonesian enterprise

Nokia –  the Finnish multinational telecommunications and information technology company – has signed a contract with leading telecommunications service provider Hutchison 3 Indonesia (3ID) at the headquarter office in Espoo, Finland. The agreement is to provide IoT (Internet of Things) coverage to enterprises in Indonesia. Utilising the fully virtualised Nokia Worldwide IoT Network Grid (WING)…

Rooftop PV solar sector example of Nordic-Vietnam business success

Scandinavian investment taps into Vietnam’s booming solar power market Thomas Jakobsen, based in Ho Chi Minh City (Saigon) since 2005, is Managing Director of Indochina Energy Partners (IEP), an entity focused on renewable energy in Southeast Asia’s emerging countries. Singapore-registered IEP is currently focusing on rolling out rooftop solar projects in Vietnam, Cambodia and Myanmar.…

Swedish protective gloves business in Kuala Lumpur

Soft Touch AB is a leading brand and producer particularly of work gloves for the international market. STIL Services Malaysia Sdn. Bhd. (STIL) is the group’s Kuala Lumpur-based entity, where also the Swedish CEO Michael Cederkvist is based. From Malaysia STIL conducts product and business development, quality assurance and logistics for the production in Asia…

Singapore invests in sustainable Finnish fiber firm

clothes textile

Instead of just chucking textile, cardboard and agricultural waste in the bin, Finnish start-up Infinited Fiber Company (IFC) turns this otherwise unusable material into new fibres. And now Singapore-based Royal Golden Eagle Pte Ltd (RGE) has decided to chip in by investing in the sustainable project. Investors already include Swedish H&M Group as well as…

Finland’s circular economy initiative presented to ASEAN

While the World Circular Economy Forum (WCEF) was taking place in Helsinki the Embassy of Finland Bangkok co-organised ‘Finland towards the circular economy’ seminar, held at the Asean Sustainable Energy Week 2019 in Bangkok. This gave Finland a perfect opportunity to showcase Finnish solutions and present the country’s ambition and roadmap towards being a global…