Category: Trade

Norwegian investors continue to put faith in Greater KL

Year 2018 marks the 50th anniversary of diplomatic ties between Malaysia and Norway. What began as a partnership between two oil and gas (O&G) producing country peers has now been extended to shipping (Wilhelmsen), fast-moving consumer goods (Jordan) and chemical paints (Jotun), among others. Norwegian investments in Malaysia to-date amounts to about RM19 billion in…

Nordic Bangkok seminar: EU-Thailand Trade Relations

A successful Nordic Seminar on the EU – Thailand relationship and its new diplomatic openings was held at the Westin Grande Sukhumvit, Bangkok, as a Luncheon on the 7 March 2018. 40+ representatives from the Nordic business society and trade organisations were present and ready with questions to the EU Mission here in Bangkok, reports…

EU Trade Commissioner Cecilia Malmström in Singapore

The 16th AEM-EU Trade Commissioner Consultation took place on 2 March co-chaired by Sweden’s Cecilia Malmström, the EU Trade Commissioner and and Singapore’s Minister for Trade and Industry Lim Hng Kiang, Chair of ASEAN in 2018. The annual consultations were expected to further deliberate on the next steps towards the possible resumption of the Asean-EU…

Business Sweden in Philippines’ market outlook 2018

“Now is a good time to enter the Philippine market!” states Business Sweden, with a recently established office in Manila since September 2017. “Last year we saw an all-time high in terms of consulting assignments, in both value and numbers, and as Sweden reopened its embassy in Manila in end of 2016 it was clear…

Look out for the future in shipping

On Wednesday January 10th, DABS hosted a Shipping Outlook event to debate what’s in store for the industry in 2018. The evening’s two key speakers were Esben Poulsson, President of Singapore Shipping Association, and Rene Piil Pedersen, Managing Director at A.P. Moller Singapore. The top of the Danish shipping community in Singapore gathered at Maersk…

Live, play, work – the formula for manufacturing hub Penang

When flying in over Penang and after landing at its airport it becomes clear that this island has a lot of industries. When driving towards George Town, passing by the industrial zones covering large area it also gets very visible what kind of industries – names like Broadcom, Bosch and Western Digital appear along the…

Södra increases exports to China

Södra, Sweden’s largest forest-owner association, reports that demand for products from the Swedish forest is on the increase in China. In 2017, Södra increased sales of paper pulp by more than 50 percent. At the same time, Södra’s sales of sawn timber in the country have increased steadily since 2010. Södra’s core markets for both…

Business Finland to start in 2018 with Pekka Soini as Director General

On 1 January 2018 Business Finland will commence its operations, intended to improve service to businesses. The Finnish Government has submitted a bill for an Act on Business Finland. Business Finland will bring under the same roof all the present services of the Finnish Funding Agency for Innovation (Tekes) and Finpro related to innovation funding…