Latest Scandinavian Malaysia News

Palm oil industry needs sustainability, not boycotting

The consumption of palm oil is on the rise and this adds a serious threat to the climate and many endangered species. Palm oil is found in almost half of all consumables in supermarkets, and boycotting is not the solution. Experts call for a sustainable palm oil production. It is almost that season again. The…

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…

Nordea Bank navigates the highly regulated markets, the do’s, don’ts in Asia

Nordea Bank’s General Managers in China and Singapore talk to ScandAsia about how they navigate the many regulatory challenges and the importance of being on top of things to serve their customers well in a diverse region. Mr Stefan Westergren has headed Nordea Bank’s Shanghai branch for the past three and a half years, looking…

Jotun turns to DNV GL’s Veracity platform to optimize delivery of maritime coatings

Press release: Jotun is using DNV GL’s Veracity platform to combine external and proprietary data to optimize the delivery of its maritime coatings at port. Veracity creates an ecosystem where users can safely share data and link it to other quality assured datasets to extract value. In this case Jotun is using the Estimated Time…

Danish Ambassador in Malaysia meets with secretary general

Press release: On Wednesday the 15th, Danish Ambassador in Malaysia, Jesper Vahr, met with Secretary General of Urban Wellbeing, Housing and Local Government (KPKT Malaysia), Dato’ Sri Haji Mohammad Bin Mentek, to discuss opportunities and challenges within the areas of waste management and energy efficiency in buildings. Malaysia and Denmark has been long-term partners within…

Corruption still reigns in Southeast Asia

Southeast Asia is still among the most corrupt regions in the world and, for the most parts, slowly descending into further corruption, at least according to Transparency International (TI) annual Corruption Perception Index. Every year the NGO releases a survey in which the countries are ranked according to the level of corruption that TI ranks…

Penang: where cultures blend and living heritage keeps evolving

The first noteworthy thing when arriving for the latest visit to Penang was to find only one plane parked at the gates at the airport – nearly unheard of these days at any airport of this size! But, actually, Penang International Airport has capacity to welcome more airlines and flights. And the visitor numbers, based…

New study: Palm oil demand to increase six-fold by 2030

Should the current bio fuel-demand for palm oil continue to rise, the demand for it may be six times higher than it is today. That is the basic conclusion of a study written by Dr. Chris Malins, a researcher at Cerulogy, a consultancy firm for the industry of cleaner fuels.  Likewise, the study was paid…