Latest Scandinavian Business News

Sweden participated in Asian Development Bank’s first virtual conference

Swedish Ambassador to the Philippines,H.E. Harald Fries, was the designated representative of Sweden in the first stage of the Asian Development Bank (ADB)’s 53rd Annual Meeting of the Board of Governors on 22 May 2020. In its first-ever virtual Annual Meeting held amid the COVID-19 pandemic, the Board of Governors recently approved ADB’s financial statements…

Swedish embassy Bangkok reminds all on road safety initiative day

Swedish Embassy Bangkok published a statement on 27 May 2020 to celebrate a positive initiative since 1995, the statement said: “Today is “Trafiknykterhetens dag” in Sweden, it’s a day to pay attention to the consequences of “drink and drive” In Sweden, there’s a very effective concept for road safety. The concept Vision Zero was introduced…

Malaysian Danish Business Council Chairman published concern letter over Corona Crisis

Allan Jensen, Chairman of the Malaysian Danish Business Council published a letter to members on 21 May 2020 with concern on Corona Crisis in Malaysia. In the letter, Allan Jensen explains that MDBC together with other chambers via EUMCCI has appealed to the government to consider the impact of the current Covid-19 restrictions on expatriate…

Helsinki Business Hub continues smart building, construction Singapore collaboration

Since Finland’s 100 Years independence celebrations in 2017, Helsinki Business Hub (HBH), a regional development and marketing agency, has been engaging with Singapore based on its ’Smart Nation’ initiative for growth through innovation and technology. HBH is the international trade and investment promotion agency for the Finnish capital region (from 2021 it will be fully…

Norwegian Business Association Singapore hosts the first Virtual Maritime Tech Conference

Norwegian Business Association Singapore (NABS) members Heron Advisory, Ronny Waage together with Tim Polson from Klaveness Digital, are joining forces to provide an exciting afternoon focused on maritime tech innovation. Sign up here for joining Singapore’s First Virtual Maritime Tech Conference (VMTC) on Wednesday 27 May from 2-6 pm. Other NBAS members contributing to this…

Denmark cuts prices to get advice at Embassies

The Danish Foreign Minister Jeppe Kofod launched a new large export and investment package on 26 May 2020. The packages aim to assist export businesses effected by the Corona crisis.which, among other things, makes it much cheaper for Danish companies to get export advice from Danish embassies and representations. The Danish Ministry of Foreign Affairs…

Chinese state owned company bought 12.67 percent of Norwegian airline’s share

Norwegian has secured government loan guarantees of NOK 3 billion. ธhe company confirmed that the restructuring plan has been completed and that the state loan guarantee totaling NOK 3 billion has been approved, in an official statement published on 20 May 2020. Leasing company Aercap Holdings in Ireland now becomes the largest owner in Norwegian.…

Finland signed agreement with UNESCO to strengthen teachers and students in Myanmar

The Finnish Ambassador H.E. Riikka Laatu signed an agreement of 5 Million Euros with UNESCO to continue their support in Strengthening Pre-Service Teacher Education in Myanmar on 21 May 2020. This agreement is to achieve Finland’s aim to invest in strengthening teachers and other need for learners in Myanmar.  

Indonesia to receive $56 million reward from Norway for reducing emission

Indonesia will receive a $56 million fund from Norway as a reward for the Southeast Asian country’s efforts and success in reducing deforestation and carbon emission, reports the Indonesian daily The Jakarta Post. The Indonesian effort and Norwegian reward are under the Reducing Emissions from Deforestation and Forest Degradation (REDD+) scheme. “The grant is a…