Category: Technology

EU Healthcare & MedTech business mission to Singapore, Philippines

During 28 August 2018 to 4 September 2018 the EU Business Avenues in South East Asia programme will take selected European companies in the Healthcare and Medical Technologies sector to Singapore and Philippines. Some 50 European companies from 15 European Union (EU) member states will be attending this 10th business mission. The EU Business Avenues…

Swedish MNCs continue to view Malaysia, Greater KL as ideal Asia investment place

Sweden and Malaysia’s ties as trade and investment partners go way back. In the 1960’s, the Swedish companies such as Volvo, Ericsson, Sandvik, Alfa Laval and Scania established themselves in Malaysia. The first car ever produced in Malaysia was a Volvo, made by Sweden at Volvo’s car producing plant in Shah Alam in 1967. In…

Diakrit founders buy out News Corp, entices entrepreneurial investors

Bangkok-headquartered DIAKRIT, a successful Swedish start-up and the largest employers of Swedes in Thailand, has announced a change in ownership where the original founders are buying the majority shares from News Corp Australia. This move happens only two years after the media giant News Corp invested and became Diakrit’s majority owner. The property marketing solutions…

Asia House event: Danish fintech in Singapore

On 30 August Copenhagen Fintech and the Danish Embassy Singapore is hosting an event at Asia House in Copenhagen. The event is shedding light on Singapore’s Fintech environment prior to the upcoming Singapore Fintech Festival in November. The session will be looking at the present market opportunities, newest trends and most recent developments. What are…

Volvo moves part of its production away from China

To avoid the increased US tariffs on goods from China, Volvo has withdrawn the production of the ‘XC60-SUV’ from China and started producing it in Sweden instead. The Swedish car manufacturer is owned by the Chinese company Geely and produces the XC60 model in Sweden when its for the European market. But outside Europe and…

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…

Chinese nuclear company buys majority in Swedish wind farm

China’s CGN has bought the majority of shares in a Swedish windfarm still under construction. When finished, it will be the largest onshore farm in Europe. In the northeast of Sweden, on the western coast of the Bothnian Bay by the town Piteå, a large windfarm is under construction. Actually, it’s among the very largest…

Alliance to standardize blockchain in the supply chain industry

Blockchain is one of the most hyped technology concepts of our time. The possible future of all technologies. The new internet. Still, many companies have very little understanding of how to incorporate the technology in a way that makes sense – considering the challenges within blockchain – so the industry demands knowledge. This is where…

Grundfos enters new Singapore water collaboration

Grundfos and PUB, Singapore’s National Water Agency on 10 July joied hands on a new collaboration agreement to jointly develop sustainable and efficient water technologies. The Memorandum of Understanding, signed at Singapore International Water Week, is yet a sign of the sound relationship and commitment to be true global role models within water and climate…