Category: Transportation

Belt & Road initiative Nordic Beijing event held

On 30 November, held at the Westin hotel in Beijing, Finnish Business Council Beijing (FBCB) together with other Nordic chambers had an interesting event on infrastructure project financing in Belt & Road initiative. The speaker Dr. Jiang Hongbin (Director of Capital Project & Infrastructure (CP&I), PwC Beijing) introduced a closer look at the Belt &…

‘Smart Cities’ event arranged in Thailand by Sweden

Business Sweden and the Embassy of Sweden in Bangkok arranged a high level event on the topic Smart Cities in Thailand (held on 14-15 November). Workshops and roundtable discussions were organised in both Bangkok and Khon Kaen, resulting in fruitful discussions on the development of smart and sustainable cities in Thailand. H.E. Dr. Arkom Termpittayapaisith,…

Volvo Cars, Geely launch new car brand: Polestar

Volvo Cars, the premium car maker of Sweden, and its Chinese owner Geely Holding has announce they will jointly invest RMB 5 billion (EUR 640 million) in a new standalone electric performance brand called Polestar. This initial investment will support the initial phase of Polestar’s product, brand and industrial development to become a fully consolidated…

Hong Kong airport Saab solution trials commenced

Defence and security company Saab announced in September that Hong Kong International Airport (HKIA) commenced successful operational trials of Saab’s Aerobahn Airport Collaborative Decision Making (A-CDM) solution. Saab is a global, leading partner and provider of proven ATM solutions and services. The installation includes the A-CDM Milestone Manager, pre-departure sequencer and mobile applications, all part…

One year anniversary for Finnair’s A350 Helsinki – Singapore route

Finnair has celebrated their first anniversary of the A350 service between Helsinki, Finland and Singapore. “With pride, Finnair has been flying high with the great aircraft for the comfort of our passengers!” wrote General Manager Nick Naung Naung at Finnair in Singapore. Heralding a new and exciting chapter in Finnair’s 92 year history the Finnair…

Danish freight company Damco opened in Cambodia

Damco’s expertise is not just freight movements, but the entire sequence of interdependent connections that make goods visible and available wherever, whenever. With that in mind, Damco on 5 October inaugurated a new office on in VTrust Tower, Bak Touk, Phnom Penh, for increased customer service. The opening ceremony was presided over by the Guest…

DHL doubles airfreight capacities to support fast growing Norwegian seafood exports to Asia

New solution cuts lead-time between Norway and South Korea/China by over 50 percent As Norwegian seafood exports to Asia keeps growing, DHL Global Forwarding has doubled its flight frequency by deploying a dedicated Boeing 747-400 cargo plane that ships seafood from Oslo to Seoul and Shanghai twice a week. “Demand for high-quality imported seafood continues…

A.P. Møller to acquire Maersk Tankers

A.P. Møller – Mærsk A/S [A.P. Moller – Maersk] has signed an agreement on 20 September to sell Maersk Tankers A/S [Maersk Tankers] to APMH Invest A/S, a subsidiary of A.P. Moller Holding A/S [A.P. Moller Holding] for USD 1,171 mill. in an all-cash transaction. The transaction entails a market upside provision regulating total payment…

Swe ambassador, among others, tested Kuala Lumpur’s new MRT

A guided MRT ride for Foreign Ambassadors and High Commissioners to experience the newly-launched MRT and connectivity of Greater Kuala Lumpur was arranged on 9 August by InvestKL, in collaboration with Prasarana and TRX. Prasarana is the asset owner and operator of the country’s three LRT networks and the KL Monorail; in addition to the…

Volvo Car Manufacturing marks long-term commitment for its Malaysia plant

Into its fifty-first year Volvo Car Manufacturing in Kuala Lumpur, Malaysia is being rejuvenated. Restructuring is in full swing to increase its capacity and prepare for its new setup to become an assembly-only Volvo factory (the plant is already, since a few years ago, entirely focused on producing only the own Volvo brand.) ScandAsia visited…