Nordic News, Business and Life in Asia
Troubled 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 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 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 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 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 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 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 MoreTalks will continue over the weekend between Saab and real estate company Hemfosa in the latest bid to save the ailing carmaker. Saab representatives hope that the sale of the …
Factory Sale May Hold Key to Saab’s Future Read MoreChangchun Vasaloppet Museum, the first museum putting skiing as a theme in China, opened here on Saturday. Supported by headquarters of Vasaloppet in Sweden and International Ski Federation and fans …
China Opens 1st Skiing Theme Museum Read MoreThe crisis for the Swedish auto brand Saab is becoming increasingly urgent. Today the company announced that there is no money to pay salaries to employees. The management is desperately …
Saab Automibile Can Not Pay the Workers Read MoreEyeing increasing demand in the home products sector, Sweden-based retailing giant Ikea is accelerating its expansion in China and plans to have 15 stores in the country by the end …
Ikea Aims for 15 Stores in China by 2015 Read MoreVestas’ new supercomputer, Firestorm, is now officially among the most powerful in the world, ranked 53rd place in the Top500.Interactive servicesIt was confirmed just how powerful Vestas’ new supercomputer is, …
Vestas Supercomputer is the World’s 53rd Fastest Read MoreNokia Corp. said Wednesday it has completed a deal to outsource Symbian software development to Accenture, including the transfer of 2,800 workers to the global management-consulting firm. The announcement came …
Nokia to Transfer 2,800 Staff to Accenture Read MoreVestas, one of the world’s largest wind turbine manufacturers, has signed a large contract with the China Datang Corporation Renewable Power Co Ltd, Vestas said in a press release issued …
Vestas Inks Wind Turbine Deal With Datang Read MoreThe N9, a touchscreen handset running on the MeeGo 1.2 Harmattan operating system, will be launched later this year, according to Nokia, which declined to disclose the specific date or …
Nokia Unveils First MeeGo Phone Read MoreSwedish cheap-and-chic fashion giant H&M posted a net profit down 18 percent from a year ago and said it was facing challenging conditions in both its sourcing and sale markets.The …
H&M Sees Profit Slip, ‘Challenging’ Conditions Read MoreWhile production at cash-strapped Swedish automaker Saab’s factory will be down for two more weeks, the company needs the 800 suppliers to accept their repayment scheme by Assembly line workers …
Saab to Staff: Go Home for Two More Weeks Read MoreA delegation of representatives of Finnish enterprises in China, which also included representatives of Finpro, Tekes and FECC, visited the autonomous region of Honghe in Yunnan province from June 9th …
Finnish Delegation Visited Yunnan Province Read MoreAs the world is gradually changing with regained interest on saving the environment and helping less fortunate communities, fashion has taken its toll on this driving force. Along with developing …
H&M Supports UNICEF Read MoreFollowing on from the announcement of Sanya as the Chinese stopover for the forthcoming Volvo Ocean Race, Team Sanya – sponsored by the Sanya Tourism Bureau – will become the …
Norwegian Helly Hansen to Sponsor China’s Team Sanya Read MoreAirline company SAS is planning to shut down several routes outside the Nordic countries. According to a statement released by SAS on Friday, this move is part of the company’s …
SAS to Close Several non-Nordic Routes Read MoreSwedish furniture giant Ikea said Friday it had raised its security level across Europe to make its customers feel safer after booby-trapped products at several of its stores have caused …
Ikea Beefs up Store Security Following Blasts Read MoreA report by the Norwegiaan state food authority reveals that lice levels have increased “dramatically” over the last year, especially among salmon, trout and young trout in key fishing areas …
Deadly Salmon Lice Grow ‘Dramatically’ Read MoreDisgruntled foreign suppliers could prove the stumbling block for disaster-riddled cash strapped Swedish automaker Saab, according to a European association for suppliers. “I think that the patience has more or …
‘Patience Running Out for Saab Abroad’: Suppliers Read More