Latest Scandinavian Digital Economy News

Business Sweden hosted Industry 4.0 seminars

In early July Business Sweden organized two seminars, one in Malaysia (Johor Bahru) and one in Singapore, on the topic “Sweden – A partner in the journey towards Industry 4.0” together with key Swedish industry experts, the Federation of Malaysian Manufacturers (FMM) and the Singapore Manufacturing Federation (SMF). The objective with the seminars was to…

Swedish companies Thailand survey: Challenges and business forecast

In June Business Sweden in Thailand launched the new report ‘Thailand: Business Climate Survey 2018’. Business Sweden, together with the Embassy of Sweden in Thailand and Thai-Swedish Chamber of Commerce, conducted a survey during Feb-Apr 2018 with the purpose to understand how Swedish companies established in Thailand perceive the business climate. The report highlights some…

Collectius acquires non-performing loan portfolio in Philippines

Collectius Group from Sweden has announced that it acquires a 100 million USD non-performing loan (NPLs) portfolio in the Philippines. The transaction permits Collectius to support 170 000 debtors to become debt free. The deal with a local bank further strengthens Collectius position as the preferred debt purchaser of consumer non-performing loans (NPLs) in the…

Dtac accelerate announced Batch 6 finalists

In search for heavyweight start-ups with global potential Telenor-owned dtac in Thailand has announced the 11 startup finalists, selected out of 25 teams, to participate in the dtac accelerate batch 6 (group of start-ups round six) incubator program. The finalists, announced on Pitch Day, will receive seed funding, ranging from 500,000-1.5 million baht per team,…

Slush, Finnish and Swedish solutions, start-ups at Startup Thailand

Startup Thailand’s 2018 main Bangkok event, held in May, saw presentations from highly interesting Finnish and Swedish start-ups as well as an introduction from Slush Singapore and Startup Commons, a company from Finland providing expertise globally on building digital start-up systems. Startup Commons’ workshop on 18 May was titled ‘Digital Side of Startup Ecosystem Development,…

Blockchain in Transport Alliance starts Asia growth

Blockchain in Transport Alliance (BiTA) newly opened its Asia office in Singapore, operated by the Dane Soeren Duvier and Jana Lee. With many global supply chain members its primary intent to grow members in the Asian market has already gained results, with BiTA announcing NR Capital as new member in the Alliance. NR Capital is…

Telenor’s dtac gives Thailand’s spectrum auction thumbs down

The writing was already on the wall for Thailand’s regulator National Broadcasting and Telecommunications Commission (NBTC). In addition to another operator having already opted out Total Access Communication PCL, (Dtac), Norwegian Telenor’s Thailand-base operator, had repeatedly flagged its objections concerning the upcoming 1800 MHz spectrum auction. On 9 April dtac urged (handing and official letter…

Nordic health companies to attend Teachsauce Bangkok summit

Five Nordic companies within the health sector (two from Denmark, two from Finland and one from Sweden) will be represented at the 2018 edition of Thailand’s tech start-up event Techsauce Global Summit as part of its Health Tech stage. Susie A. Ruff, CEO and Executive Adviser of RUFF & Co. Business Innovation from Denmark co-curates…

dtac accelerate ‘batch 5’ start-up raises funding

Cookly, the leading platform for cooking classes and culinary experiences around the world has announced a Pre-Series A funding round led by Zcoin founder Poramin Insom. Zcoin ranks among the top 100 most valuable cryptocurrencies worldwide. Venture Capital 500 TukTuks, who also invested in the previous seed funding, followed on in this round. “We strongly…

Postponed Finnish minister visit to Thailand set for August

The Finnish Minister of Economic Affairs Mika Lintilä, is now set to visit Thailand in August 2018. Businesses are invited to join the Team Finland business delegation to Thailand where the high level visit will explore new business opportunities, in particular within energy and digitalization. This visit was originally planned for June 2018 and was…