Latest Scandinavian Business News

Norwegian now offers free Wi-Fi on long-haul flights

Norwegian is the first low-cost airline to launch free Wi-Fi for their customers on long-haul flight between Europe, USA, South America and Asia The first connected Norwegian Boeing 787-9 Dreamliner was delivered last month on 18 December 2018 and more than 50 per cent is expected to offer in-flight connectivity by 2020. The rollout of…

African swine fever hits largest Danish-Chinese pig farm

Heilongjiang Asia-Europe Animal Husbandry Co. Ltd., the largest Danish-Chinese pig farm with 73,000 pigs, has been hit by an outbreak of the deadly African swine fever. The disease has infected almost 100 farms across China since August 2018, yet this Danish-invested Chinese farm is the largest to be hit with an outbreak. Around 4,686 pigs…

Maersk shuts container factory in China

Maersk, the Danish world’s biggest container shipper will shut a transport container factory in China. The company’s Dongguan container factory, which has 2,240 employees and can produce 100,000 40-foot containers a year, has been idle since the beginning of December, Maersk said. Instead Maersk will focus on producing refrigerated containers for food. As a result of higher…

Singapore company buys 11 properties in Finland

Cromwell European Real Estate Investment Trust (“CEREIT”), a real estate investor and manager listed on the main board of the Singapore Exchange, has acquired 11 freehold office properties in Finland for €113.1 million according to CEREIT’s website on Thursday, 3 January 2019. The 11 Finnish office assets mostly located in the Helsinki Metropolitan Area (“HMA”)…

Nordic Innovation House – Hong Kong opened

On 28 November a Nordic milestone of sorts occurred in Hong when the Nordic Innovation House – Hong Kong (NIH-HK) was inaugurated. Its importance was also acknowledged by the very fact that Mrs Carrie Lam, Chief Executive of Hong Kong SAR graced the opening with her attendance, giving her opening address, along with Nordic ministers!…

Helsinki promotes start-ups, business investment in and via Singapore

Following the ‘Meet Finland in Singapore’ week that took place during the Singapore Week of Innovation & TeCHnology 2018 (SWITCH), and also included Helsinki’s very own Slush tech start-up event concept (held for the third time also in Singapore), the Finnish organisers’ initial evaluation in a press release was positive and upbeat. They said that…

Business Finland, National Innovation Agency of Thailand signed MoU

Permanent Secretary Mr. Jari Gustafsson, Ministry of Economic Affairs and Employment of Finland and Permanent Secretary Associate Professor Dr. Soranit Siltharm, Ministry of Science and Technology of Thailand witnessed on 13 December 2018 the signing of a Memorandum of Understanding (MoU) between Business Finland (BF) and National Innovation Agency of Thailand (NIA). Business Finland (BF),…

Singapore FinTech Festival a big draw also for the Nordics

Singapore FinTech Festival 2018 (the biggest such event in the world), which drew close to 45,000 participants from almost 130 countries, included significant participation from the Nordic countries. Both Denmark and Sweden came with delegations (Sweden also with two days in Kuala Lumpur) The flagship Singapore event provides a global platform for the FinTech community…

Sustainability city rankings: Nordics in front, Bangkok best in South East Asia

Nordic cities make up the overall top 5 in destination sustainability rankings, while the capital of Thailand ranks number five in Asia. The so-called Global Destination Sustainability Index (GDS-Index) ranks cities by measuring and comparing the social and environmental sustainability strategies and policies. For 2019, the top five cities with the highest overall scores are:…