Latest Scandinavian Business News

Danish robot firm sees industrial potential in Thailand

Denmark’s Universal Robots A/S may set up a Thai subsidiary once the South-East Asian market has a sizeable demand for industrial robots, probably in the next five years. Rising wages and restrictions on foreign workers make South-East Asia a prime target for the Danish company’s further expansion, with an office in Thailand possible within five years. “With minimum wages…

Thai firm buys Danish department store Illum

Central Retail Corporation (CRC), Thailand’s largest retail operator, has acquired Illum, a famous Danish department store, and plans to invest two billion baht to renovate the Copenhagen store in four years. CRC chief executive Tos Chirathivat said renovation of the 120-year-old Illum building, situated on the main shopping street, will help boost its income from…

Alpine Salesforce Celebrated Grand Opening

Danish telemarketing company Alpine Saleforce Ltd.  celebrated on Saturday 9 March the Grand Opening of its new office building on Petchkasem Road Soi 28 in the centre of the popular Thai resort town Hua Hin in Prachuabkhirikan Province in Thailand some 250 km south of the capital Bangkok. The company has currently 35 Danes working in…

Maersk Line Adds More Ships to Singapore Base

A.P. Moeller-Maersk A/S, owner of the world’s biggest container-shipping company, plans to add more vessels to its Singapore base after making the city-state its biggest hub after the headquarters in Denmark. Maersk has about 120 ships under the Singapore flag, the most after 180 in Denmark, Thomas Knudsen, president of the Maersk Line Asia Pacific…

Danish Vestas expected to receive large order in the Philippines

Danish windmill giant Vestas has been chosen as the preferred supplier for a large windmill project in Burgos in the Northern Philippines. The project is set to be finished in 2014. Energy Development appointed Vestas after comprehensive invitations to tender, where the Danes according to the Filipinos had the technical and commercial abilities to meet the high…

Galanga Living launches new brand

Ginger is an Asian-Scandinavian lifestyle brand which is now launched by Galanga Living in Singapore. The first product series in the Ginger brand is a collection of melamine table ware and kitchen utensils in the world of colours, patterns, texture and functionality which will characterize all Ginger products. The melamine collection is practical and fun for…

SAS and Thai expand code-share agreement to include Thai nonstop flights Scandinavia – Bangkok

Effective April 8, Scandinavian Airlines and Star Alliance partner Thai Airways will expand their present code-share agreement to also cover the direct routes Stockholm – Bangkok, Oslo – Bangkok and Copenhagen – Bangkok. The code-share arrangement follows the announcement that SAS will put the route to Bangkok on hold as of 1 April – but plan…

Carl Bildt comments on Thai Swedish Agreement

Carl Bildt, Foreign Minister of Sweden, signed on March 4, 2013 an agreement – the “joint plan of action” – with Thailand during the visit to Sweden of Thailand’s Prime Minister Yingluck Shinawatra and Foreign Minister Surapong Tovichakchaikul together with other high level government figures and a large business delegation. In this video issued by…

Finnish Crane Giant Eyeing Indonesia

Finnish-based Konecranes, the world leader in crane manufacturing and services, has positioned itself to tap growth in Indonesia and the Asia-Pacific. Konecranes chief executive Pekka Lundmark has relocated his office to Singapore to establish contacts in the region. “It shows commitment from us to the market,” Lundmark said during an interview with the Jakarta Globe…