Latest Scandinavian Malaysia News

Smedvig’s drilling contract in Malaysia extended

Smedvig ASA announced late January that the company has signed an agreement with Esso Production Malaysia Inc. to extend the production drilling contract for the self-erecting tender rig T-2.      The extension has a duration of one year, from January 2004, including options for another two years. The estimated contract value is approximately US$18 million.      The…

Jyske Bank to visit South East Asia again in April, May

Jyske Bank (Schweiz) will be on a tour to meet with investors in four South East Asian countries again, this time starting on April 19 with Singapore, then Thailand, Malaysia and ending the trip early May with Indonesia.      The team for the April-May 2004 trip consists of Ms. Mette Kraushaar, Mr. Helge Nielsen and Mr.…

GAC strengthen coverage with new alliance in Malaysia

Gulf Agency Company (GAC) and Kudrat Maritime Group of Malaysia have signed a global network agreement that will provide a more extensive geographical coverage of port agency services offered by both the Swedish-founded international shipping group and the Malaysian partner.      Through the GAC-Kudrat alliance, effective from December 15, 2003, GAC will provide service coverage in…

Danish gymnasts on tour in Southeast Asia

The National Danish Performance Team (NDPT) on December 18 arrived in Chiang Mai to entertain Thai schoolchildren, students and families, starting from the north to the south of the country, as part of its World Tour 2003-2004. The tour also includes, after Thailand, similar activities in Malaysia and Singapore.      The team in the World Tour…

Jotun selects IFS, Accenture to supply new business applications

Jotun A/S, Norway, one of the world’s major paint manufacturers, has selected Swedish component-based business application developer IFS and global management consulting firm Accenture to deliver and implement an extensive suite of business applications that will support most of Jotun’s main business processes.      The ERP software will be implemented in Jotun’s Scandinavian operations first, with…

Hydro Agri to become Yara

Norsk Hydro’s agri-business operation Hydro Agri will take the name Yara upon the demerger and stock exchange listing planned for March 25, 2004. At the same time the new company, which will have its headquarters in Oslo, will keep the rights to the “Viking ship” for use in their new logo and marketing.      Hydro Agri…

Lasse Reimann’s KL posting ends

Danish envoy Lasse Reimann ended his posting as Danish Ambassador to Malaysia in December 2003, after six successful years of strengthening ties between the two countries.      Reimann, whose six year service in Malaysia makes him one of Europe’s longest serving ambassadors in Malaysia, has presided over major Danish investments in the country. He told Malaysian…

Malaysia to enhance trade, economic ties with Denmark

Malaysia will enhance economic and trade relations with Denmark, Second Finance Minister Datuk Dr. Jamaludin Jarjis told reporters on December 3, after witnessing the signing of the protocol to amend the agreement to avoid double taxation between Malaysia and Denmark.      The protocol was signed by Ambassador of Denmark to Malaysia, Leif Morgens Reimann, on behalf…