Nordic News, Business and Life in Asia
The Swedish manufacturer of hygiene products Svenska Cellulosa Aktiebolaget (SCA) has opened a new innovation center in Shanghai to expand its penetration in China’s fast-growing market for products for an …
Swedish SCA Attracted by China’s Graying Population Read MoreThe international engineering group Sandvik AB still sees the development of nuclear power as one of its important business opportunities in China, according to the company’s president and chief executive …
Sandvik China Still Sees Opportunities in Nuclear Power Read MoreIn early May, Danish Ambassador to China Friis Arne Petersen launched The Trade Council of Denmark in China’s new strategy to make it easier for Danish small and medium enterprises …
New Strategy to Make it Easier for Danish SME´s Read MoreThree men, one shared goal: Cooperation across borders – and oceans. May 10, Polar explorer Børge Ousland, ship-owner Felix Tschudi and Victor Gao held a joint presentation about opportunities and …
Bringing the North and East Together Read MoreText and Photo by the Danish Embassy in ChinaOn May 12 2011, Danish Ambassador to China Friis Arne Petersen visited the Practical Skills Training Center for Rural Women as part …
Danish Ambassador Visited Training Center for Rural Women Read MoreText and Photo by the Danish Embassy in ChinaSunday 15th May 2011, the Danish Embassy organized an Open Day event to celebrate the EU-China Year of Youth and let the …
Danish Embassy in Beijing Open Day Read MoreText and Photo by the Danish Embassy in ChinaOdense Symphony Orchestra is touring China in May and will play seven concerts. Thursday 12th May, the Danish Ambassador Friis Arne Petersen …
Odense Symphony Orchestra Tours China Read MoreIngvar Kamprad, the founder of Swedish furnishings giant Ikea, has promised more transparency over the firm’s business affairs, saying that it has nothing to hide after a slew of allegations …
Kamprad Pledges Ikea ‘Transparency’ Read MoreImmigrants from developed countries should get preferential treatment, says The Danish immigration minister Søren Pind. Exempting immigrants from developed countries from some of the toughest immigration requirements is ‘just the …
Danish Immigration Minister to Cherry Pick Immigrants Read MoreEuropean Union regulators raided several liner shipping companies on Tuesday, including Danish group A.P. Moller-Maersk, on suspicion of price fixing, the European Commission and Maersk said. “The commission has reason …
EU Watchdogs Raid Maersk and Other Liner Shippers Read MoreIn an initiative by state-owned The Industrial and Commercial Bank of China (ICBC), Ambassador Svein O. Sæther met with representatives at the end of March as part of the institution’s …
Major Chinese Bank Eyes Norway Read MoreSwedish car maker Saab has signed a new framework agreement with China’s Pang Da Automobile, the firm’s Dutch owner Spyker said on Monday. “The memorandum of understanding includes a strategic …
Saab Announces new Chinese Partnership Read MoreVolvo Car Corporation, owned by China’s Zhejiang Geely, said on Thursday its earnings almost doubled in the first quarter and forecast sales at the Sweden-based carmaker would continue to grow …
Volvo Car Boosts Q1 Operating Profit Read MoreThe latest setback casts further doubts over the Dutch-Swedish consortium’s efforts to secure long-term funding to rescue the struggling carmarker, an analyst said. The bailout partnership worth e150 million in …
Saab Future in Doubt After Chinese Fall Out Read MoreDanish service sector giant ISS reported a net loss of DKK 25 million in the first quarter of 2011. However this figure compares favorably with a Q1 2010 loss of …
ISS Posts Impressive Operating Profit, Reduces Net Loss Read MoreTrade between China and Norway soared to record levels in the first three months of 2011 despite a diplomatic row over the award of the Nobel Peace Prize to jailed …
Norway-China Trade up – Despite Nobel Spat Read MoreAfrican cleaners, Nepalese waiters, Estonian snow-shovellers, Thai cosmetologists, Balkan taxi drivers and Polish construction workers all work long hours in Finland, and many of them do so with low pay.Many …
Finland Attracts Cheap Labour from Abroad Read MoreThe announcement that Swedish automaker Saab has reached a partnership with Chinese firm Hawtai Auto group should offer no comfort to the workforce. The deal provides no long-term security for …
Saab Deal Paves Way for Job Cuts, Outsourcing Read MoreVarious of the Group’s business units operating in Singapore can look forward to benefits under the new Maritime Singapore Green Initiative.One of Maersk Line’s strategic focus areas is leadership on …
Maersk: Business Benefits from Focus on Environment Read MoreNorway used to be China’s top fresh salmon supplier, sending steadily growing volumes to exclusive restaurants in Beijing and Shanghai.But since the Norwegian Nobel (News – Alert) Committee gave the …
Norway Feels Sting of China’s Nobel Anger Read MoreSaab’s new partner Hawtai on Friday defended itself against claims reportedly made by a top Swedish diplomat that raised doubts about the Chinese automaker’s ability to salvage the Swedish car …
Saab, Hawtai Rebuff Embassy Criticism Read MoreSaab’s new partner Hawtai has inflated its production figures and changed chief executives numerous times over the past years, the Swedish embassy in Beijing warned in an internal report quoted …
Embassy Doubts over Saab’s Chinese Saviour Read MoreOn May 1, Danish Ambassador to China Friis Arne Petersen participated in the opening ceremony of a new Flügger retail store in the East Red Star Macalline Shopping Mall in …
Ambassador Opens Flügger Store in Beijing Read MoreThe National Water and Sanitation Week 2011 was launched on 26 April in the Dien Bien province – one of the poorest provinces in the country – in order to …
Better Access to Safe Water and Sanitation Read MoreSaab has entered into a “strategic partnership” with Chinese Hawtai Motor Group, who plan to invest billions of kronor into the Swedish firm, it was announced on Tuesday. The partnership …
Saab Production in Inner Mongolia Read More‘China Sweet & Sour. “A new book on Danish companies’ challenges and opportunities in China will be launched on Tuesday 31th May 15-17. at Copenhagen Business School. China’s role as the …
Long Awaited Book for Business in China Read MoreWind turbine manufacturer Vestas has further underlined its appeal to the Chinese markets with a 100MW order win. The Danish manufacturer said it has not disclosed further details of the …
Vestas Grows China Presence with 100MW Turbine Order Read MoreSaab will restart production within a week, its owner Dutch car maker Spyker said Monday after it reached a deal on a €30 million cash injection for the troubled Swedish …
Fresh Cash, new Chinese Partner Set to Revive Saab Read MoreRemarks made by the Chinese ambassador to Norway at a meeting in Bergen have been reported by participants as some of the strongest since the diplomatic tension following the awarding …
Chinese Want Norwegian Apology Read MoreLarge Norwegian risk management firm Det Norske Veritas (DNV) seems to have settled its own risk of doing business in China. After months of disruption following license revocations, DNV has …
DNV ‘Back to Normal’ in China Read MoreMore than 12 million tourists are expected to go this year to the International Horticultural Exposition, which began in Xi’an, capital of Northwest China’s Shaanxi province, on Thursday. According to …
Sweden Take Part in Huge Plant Exposition Read MoreWith China’s high-end, heavy-duty truck market not expected to boom for at least 10 years, global truck makers are now seeking opportunities in China’s special-purpose vehicle segment in hopes of …
Volvo and Scania Focus on Special-purpose Vehicles Read MoreAs a follow-up to its meetings on multinationals held in Washington D.C., the International Trade Union Confederation (ITUC) representing 175 million workers in 151 countries and territories is alarmed at …
Labour Union Condemns IKEA Anti-union Practices Read MoreDanish documentary Dreams in Copenhagen yesterday won the award for best documentary at the Beijing International Film Festival. Thursday evening the Danish documentary Dreams in Copenhagen by director Max Kestner won …
Danish Documentary Wins Award in Beijing Read MoreMore and more Danish schools and universities offer Chinese language courses. The number of university students enrolling at Chinese language studies has increased by 30 percent in two years. China’s …
More Danish Students Wants to Learn Chinese Read MoreSwedish household goods manufacturer Electrolux reported a 50 percent drop in net profits for the first quarter on Wednesday, citing a rise in raw materials costs. In the first three …
Sweden’s Electrolux Reports Profits Slump Read MoreThe Danish government is working on several legislations to attract private investments in the area of new technologies for lifesciences sector from developing countries like India and China. These will …
Denmark Wants Private Capital in Life Sciences From China Read MoreEAC Moving & Relocation Services, operating under the brands Santa Fe and WridgWays, has entered into an agreement to acquire Europe’s leading moving and relocation services company, Interdean International Relocation …
EAC Moving Business Grows with EU Acqusition Read MoreNokia is “outsourcing” development of its Symbian OS to Accenture and making massive job cuts, as the handset manufacturer concentrates its efforts on Windows Phone 7.The Finnish manufacturer says 3,000 …
Nokia Slashes 7000 Jobs in Major Strategy Shift Read MoreSwedish truck maker Volvo Group reported strong first quarter earnings on Wednesday, although the firm warned that the Japan disaster could impact its second quarter.From January to March, the net …
Volvo Upbeat Despite Japan Impact Warning Read MoreSwedish telecom giant Ericsson reported a whopping 224 percent rise in profits on Wednesday, surprising analysts and sending its stock up almost 7 percent in early trading. From January to …
Sweden’s Ericsson Posts Massive Profits Hike Read MoreChina should boost its fuel ethanol industry as part of its efforts to reduce carbon emissions and oil dependency, said China National Cereals, Oils and Foodstuffs Corporation (COFCO), a State-owned …
China Urged to Hike Ethanol Production Read MoreThe fifth EU-China Water Platform has been held in Nanjing, and Denmark contributed with an important report on river basin management. Recently both European and Chinese scientists and officials gathered at the …
Danish Contribution to EU- China Water Platform Read MoreThe Danish pop band Michael Learns To Rock has sold more than 10 million albums, performed in packed stadiums and spawned a string of soaring ballads that echo every night …
Danish Pop Band Marks 20 Years of Fame in Asia Read MoreFormer Finnish President Martti Ahtisaari arrived in Beijing on Easter Sunday with an international team of negotiators seeking to reduce tensions between North and South Korea. Winner of the Nobel …
Ahtisaari Joins High-Profile Team Addressing Korean Tensions Read MoreNordic carrier Finnair Saturday said it has decided to invest, as a minority shareholder, in a new cargo airline based out of Finland to augment its current cargo capacity and …
Finnair to Invest in New Cargo Airline Read MoreCooperation between Guangzhou Diesel Engine Factory and the Norwegian maritime research institute Marintek has led to the development of an innovative LNG ship engine soon ready for the Chinese market. …
China and Norway Towards Ships Running on LNG Read MoreRecently the Vietnamese magazine Vietnam Investment Review published an interview with the A.P. Moller-Maersk Group’s CEO Nils Smedegaard Andersen. In the interview Mr. Smedegaard talks about Mærsk’s strong commitment to …
Maersk on a Prosperous Voyage: CEO Read MoreIt was an unexpected end for the Viking Cup match yesterday as the KL Vikings played against their opponents the Hong Kong Vikings. The KL Vikings were leading with 1-0 as the score …
Stormy Viking Cup Finale Read MoreAs it is a Viking Cup tradition, every year after the long string of matches with various opponents, the one affair all the players practically wait for is the Beer …
Viking Cup Beer Galore Read More