Latest Scandinavian Thailand News

Compensations & Benefits Survey open for Scandinavian chamber members

The 2004 Compensation & Benefits Survey – jointly organised by the American Chamber of Commerce in Thailand, the British Chamber of Commerce Thailand, and the Australian-Thai Chamber of Commerce – is again open for participation from members of other foreign chambers of commerce in Thailand that support this initiative, including the three Scandinavian chambers.      The…

Trade surplus turns to deficit first half 2004

Norway´s healthy NOK 662 million trade surplus with Asean´s ten member nations the first half 2003 has turned to a NOK 607 million deficit för the same period this year.      The reason is largely due to shrinking exports, especially to Singapore, shows fresh statistics on trade in goods from Statistics Norway which Scandasia has analysed.…

LVT debut sees 83% surge

LV Technology’s shares (LVT) rocketed 83 percent above its initial public offering (IPO) price during its debut day in Thailand’s Market for Alternative Investment (MAI) on July 14, 2004. The stock closed the day 63 percent higher than its IPO price despite the overall struggling market.      LVT started trading at Bt2.7 when the market opened,…

Half Kid – Full Dream

When I first entered the Grammy building, I was anxious as it is the place that breeds many celebrities and it indeed bears certain formality and fame. But as I was welcomed into a small meeting room, I was surprised to find Jeffrey Marquardsen greeted and flashed me with a friendly smile and for a…

Swedes stay out of new lottery bid

A Swedish company has declined to make a second bid for a large gambling system project by GLO, the Government Lottery Office of Thailand.      It is the very high penalties, with no cap and a requirement for joint and several liabilities, in GLO’s request for proposal, RFP, which has discouraged a new bid from the…

Rambøll signs Energy Efficiency contract with ECCO Thailand

Rambøll and ECCO shoe manufacturing facility in Thailand has signed a novel contract concept for energy efficiency and energy management at the ECCO factory facilities.       Rambøll’s first task is to define a baseline for the energy consumption. This is followed by an energy audit at the factory and finally setting up an action plan…

Swedish travel industry rates Thailand best tourist country

The Scandinavian travel trade has rated the Kingdom of Thailand “The World’s Best Tourist Country 2004”. The prestigious “Grand Travel Award 2004” was presented to Thailand at the annual award presentation organised by “Travel News”, an independent Scandinavian travel trade magazine based in Stockholm.       The Grand Travel Awards, arranged for the twelfth time in…