Nordic News, Business and Life in Asia
A supplier to Saab subsidiary Saab Automobile Tools has applied for the firm to be declared banktupt, according to a Reuters report. An official at Vänersborg District Court in western …
Supplier Applies for Saab Subsidiary Bankruptcy Read MoreEricsson AB, the world’s largest maker of wireless networks, reported a 66 percent increase in second-quarter profit, missing analysts’ estimates, on costs related to job cuts and slower services growth. …
Ericsson Second-Quarter Net Misses Estimates on Job-Cut Costs Read MoreSlumping into the red, Nokia on Thursday posted a loss of 492 million euros for the three months ended June, as decline in sales continued to hurt the Finnish mobile …
Nokia Slips Into Red; Records Quarterly Loss of 492 mn Euros Read MoreSuppliers to cash-strapped Swedish car maker Saab have tired of the ongoing financing uncertainty and have sought direct contact with Russian financier and would-be Saab investor Vladimir Antonov. The Saab …
Saab Suppliers Seek Antonov Contact Read MoreDuring the summer, a scandal has rolled up involving a Swedish authority, a law firm, and a company that lure Chinese people to Sweden with false work permits. Up to …
Chinese Lured to Sweden With False Work Permits Read MoreA maritime industry group posted videos Tuesday on YouTube showing two Danes and four Filipinos held hostage by Somalia pirates pleading for the Danish government and the ship’s owner to …
Pirate video: Danes, Filipinos Plead for Release Read MoreSwedish household appliance-maker Electrolux on Tuesday reported a profit slump because of high materials prices and weak demand, and warned of difficult trading conditions for the rest of the year. …
Electrolux Reports Steep Earnings Drop Read MoreLast week, yet another phase in a series of Sino-Norwegian collaborative projects on water supply and sanitation in North-Eastern China crossed the finish line. True to tradition, Norway’s ambassador to …
Water on the Margin Read MoreSwedish-Japanese mobile phone manufacturer Sony Ericsson posted a net loss of €50 million ($70 million) for the second quarter on Friday, saying that its supply chain had been hit by …
Sony Ericsson Figures Hit by Japan Disaster Fall Out Read MoreThe Beijing public health bureau has asked city hospitals to reduce the number of Caesarean sections. Last year, the Caesarean rate in Beijing was 51 percent, much higher that the …
Give Natural Birth a Chance Read MoreChina is entering a new generation of heating and cooling systems with more energy efficiency, said Preben Tolstrup, CEO of Logstor. Preben which unveil its plan of entering the Chinese …
Danish Firm Eyes China’s Heating and Cooling Market Read MoreDespite cooling in the overall auto market in China, luxury car brands maintained a scorching pace in the first half of this year. Volvo, the Swedish premium brand delivered more …
Volvo Sale Increase 36 % in China Read MoreThe Danish Ministry of Justice has decided to change the date for implementation of fingerprints and other biometric data in Danish passports. The initial date of 1 October 2011 for …
Deadline for Biometric Danish Passports Postponed Read MoreDanish A.P.Møller-Mærsk pays its bills on time, and suppliers and cooperation partners may be fully confident that the company will pay what it owes to them. This is the conclusion …
Economic Top Marks to A.P.Møller-Mærsk Read MoreFinnair will operate its first biofuel powered flight between Amsterdam and Helsinki from next week, an official said Thursday. Finnair’s flight will use biofuel made from recycled vegetable oil in …
Finnair to Operate its First Biofuel Powered Flight Read MoreSoon the surroundings in Silkeborg will be replaced with a subtropical climate in Guangzhou. For a 6-month stay Anders Nielsen, a PhD student from Department of Bioscience, AU, will work …
PhD Student off to a 6 Months Research Stay in Guangzhou Read MoreAirAsia X, the Malaysian based long haul, low fare affiliate of AirAsia has announced that beginning 24 October, 2011, AirAsia X will commence flights from Kuala Lumpur Low Cost Carrier …
AirAsia X Change to Gatwick Airport Read MoreTroubled Swedish carmaker Saab said Monday it had hammered out details of a deal to secure last-ditch rescue funding by handing majority control to two Chinese companies, amid a new …
Chinese Firms Take Majority Control of Saab Read MoreThe trend of increasing immigration to Sweden continued in 2009 in spite of the economic downturn, with inflows reaching a new record high of 102,000, writes the OECD in a …
Immigration to Sweden at Record Level Read MoreTroubled Swedish carmaker Saab will recover from financial difficulties that have resulted in lengthy factory shutdowns, the head of its North American unit said Thursday. “I’m more convinced now than …
Saab’s US Boss: ‘the Brand Will Survive’ Read MoreThe Asian Development Bank (ADB) is to help the Greater Mekong Subregion (GMS) scale up the use of biomass waste in the agriculture sector to meet its growing need for …
Scandinavia and ADB to Help Boost Biomass Use in the Mekong Region Read MoreTourism officials from China’s Hainan province are in Sweden to lure more tourists to the island with the charm of sunshine and tropical exoticness. “Our purpose of this trip is …
Officials Promote Hainan Tourism in Sweden Read MoreA Sweden-based student in China has been sent home after calling for a flashmob in Shanghai in support of freedom of expression. reports Swedish Radio news programme Ekot. The Swedish …
China Throws out ‘Flashmob’ Swedish Blogger Read MoreCitizens from most OECD countries are now exempt from tougher Danish immigration test, but others must pay more.New immigration rules came into effect on July 1 that make it both easier …
Immigrants Rushed to Apply Before Stricter Rules Took Effect Read MoreSony Ericsson Mobile Communications AB will cooperate with China Mobile Holdings Ltd to develop mobile phones that support China’s domestic fourth-generation telecommunications technology, Sony Ericsson’s global president said.Bert Nordberg, president …
Sony Ericsson, China Mobile to Develop 4G Phones Read MoreDanish officials and scholars recently spoke highly of Chinese President Hu Jintao’s keynote speech marking the ruling party’s 90th anniversary, saying it reflected the party’s determination to tackle corruption, consolidate …
Danish Scholars Speak Highly of Hu’s Speech Read MoreIkea has taken further steps to outsource its information technology (IT) operations by awarding contracts to Capgemini, HCL and IBM. According to Swedish press reports, the deals are worth approximately …
Ikea Awards Deals Worth $237M to Outsource IT Read MoreThe Swedish government has approved Saab’s property sale, according to a statement issued from the ministry for enterprise and energy on Thursday. “Yes, we’ve made a decision that they can …
Swedish Government Approves Saab Deal Read MoreIt’s been a big two weeks for Ikea’s Chinese operations, with the opening of a massive new store in Shanghai – its second-largest outlet in the world – and the …
Ikea Aiming to Spread its Influence Across China Read MoreWithin a decade, all Swedish primary schools should offer Chinese lessons, Sweden’s education minister was quoted as saying Wednesday, insisting the move was needed to improve competitiveness. “I want to …
Chinese to be Taught in all Swedish Schools Read MoreDenmarks jewelry label Pandora has opened a boutique store in Beijing’s luxury hub, China World Trade Center. Actress Li Xiaolu was invited for its opening. The store offers a whole collection …
Pandora Jewelry in Beijing’s World Trade Center Read MoreIn May 2012 Finnair will introduce a direct route to Chongqing, the largest and fastest-growing city in China. The new route is a logical step in the implementation of Finnair’s …
New Finnair Route to China’s Largest City Read MoreWith the long hot summer ahead, it’s time to hunt down some fresh flavors for palates depressed by the heat. Donna Mah says fresh is best, especially if it’s from …
Cool, Classy Nordic Nosh Read MoreBilateral trade between China and Finland rose 29.5 percent year-on-year to reach 2.2 billion euros during the first four months of this year, the Ministry of Commerce said on Saturday. …
China-Finland Trade Rises 29.5% in First Four Months Read MoreThe University of Bergen and Sun Yat-Sen University in Guangzhou recently cohosted a workshop on work/life balance in Guangzhou. Work/life balance is a relatively new concept in China, and the aim …
Work/Life Balance on the Agenda in Guangzhou Read MoreChina’s deputy Prime Minister Li Keqiang and US former state secretary, Henry Kissinger spent the last June weekend of 2011 in Beijing discussing global economic challenges. Accompanying them were various …
The Second Global Think Tank Summit in Beijing Read MoreHRH the Prince Consort Henrik personally unveiled the sculpture he created for the Danish company AVK in Anhui province on 28 June.Leaders from Chaohu and Hexian cities were also present …
HRH Prince Henrik Sculpture in China Read MoreAs a consequence of a phenomenal growth within products for the households, Novozymes has decided to establish a new centre in Beijing, China, the company wrote in a press release …
Novozymes Is Gearing up in China Read MoreSaab’s owner Swedish Automobile said Wednesday it had secured more short-term funding with a 25-million-euro ($36-million) loan and that it has paid its staff’s salaries for June. “Swedish Automobile announces …
Saab Says Chinese Order Pays For Staff Read MoreChina’s Geely Automobile has raised 1 billion yuan ($153.8 million) through a corporate bond sale aimed at financing the carmaker’s development of core technologies on auto parts and auto electronic …
Geely Raises $153.8 million Through Bond Sale Read MoreThe Danish Minister of Education, Troels Lund Poulsen, has decided to make it easier for Danish technical schools, business schools and universities as he is on a fast trip around …
Danish Education Export Accepted After Summer Read MoreSaab parent company Swedish Automobile has signed an agreement to sell 50.1 percent of the shares in its property arm for 255 million kronor ($40 million), providing much needed cash …
Saab Cash Boost After Property Sale Read MoreThe Danish daily Information has been obtained access to classified documents from China’s top leadership – an unusual and rare leak that provides an otherwise unseen glimpse into the mindset …
Major Leak to Danish Paper Exposes Chinese Duplicity Read MoreThe Danish jewelry manufacturer Pandora has taken over all distribution of its products in France and appointed a new country manager. According to the company this will strengthen its position …
Pandora Takes Over all Distribution in France Read MoreSaab’s owner Swedish Automobile announced Wednesday it had secured more short-term funding with a 25-million-euro ($36-million) loan and that it has started paying out staff’s salaries for June. “Swedish Automobile …
Saab Secures Short term Funding, Pays Wages Read MoreMinisters from the Member States of the European Free Trade Association (EFTA) – Norway , Iceland, Liechtenstein,and Switzerland – and Hong Kong, China have signed a Free Trade Agreement (FTA) today. …
EFTA States and HK, China Sign Free Trade Agreement Read MoreThe development on the container marked must improve more than what is expected at the moment if Maersk Line is to change its mind and exercise the option for ordering …
Maersk Line: No Need for More Than 10 Ships Read MoreThe Danish thai jewelry group Pandora has solved the problems with the rights to use its name in China and is now ready to capture the Chinese market, Berlingske Business wrote.Pandora …
Danish Pandora Ready to Capture China Read MoreAs Ikea opens its biggest store in Asia, the furniture group has struck a partnership with location-based platform Jiepang to draw young shoppers through its doors. Shoppers who “check-in” at …
Jiepang Helps Ikea Bring In Young Shoppers Read MoreScania, a major Swedish automotive manufacturer of commercial vehicles such as heavy trucks and buses, has established a sales and service company in Japan, signalling changes with their alliance to …
Swedish Scania to Start Operations in Japan Read More