Nordic News, Business and Life in Asia
The pressure on the big container business, Maersk Line, now compels the CEO of Denmark’s largest business group to adjust the expectations downwards.The container market is under such a strong …
Maersk Line downgrades Read MoreSwedish telecom equipment manufacturer Ericsson Thursday said Sony Corp would acquire its stake in their joint venture — Sony Ericsson Mobile Communications — for Euro 1.05 billion ($1.47 billion) making …
Sony to acquire Ericsson’s stake in joint venture for $1.47 bn Read MoreSwedish pensioners living abroad will soon be receiving a letter from the Swedish Pensions Agency (Pensionsmyndigheten) asking them to fill in a form and report in to the nearest embassy. …
Sweden to pensioners: ‘prove you’re alive’ Read MoreSeptember proved auspicious for Swedish premium brand Volvo after posting a 30.5 percent increase, the best month ever in Volvo cars’ sales history.Driven by strong sales on a number of …
The best month ever in Volvo cars’ sales history Read MoreThe Finnish Embassy in Bangkok has warned travellers in Thailand, Cambodia and Laos of rising flood waters. In some Thai provinces, foreign nationals are being ordered to contact local officials. …
Finns advised to avoid flooded areas in Laos, Cambodia, and Thailand Read MoreMobile phone manufacturer Sony Ericsson on Friday said it broke even in the third quarter due to a declining sales environment in Europe. The Japanese-Swedish group, now the sixth-biggest player …
Sony Ericsson breaks even in Asia Read MoreImmigrant from Asia among among other parts of the world and Danish women volunteers achieving milestones through mentorship. KVINFO’s mentor network has inspired new mentorship programmes in Scandinavia and north Africa. …
Sisters doin’ it for themselves Read MoreThe Norwegian Government has allocated NOK 27.8 billion for development in poor countries in 2012. This is a record high aid budget. Efforts on climate change, renewable energy and agriculture …
Norwegian record high aid budget for 2012 Read MoreIf you’re a diplomat or have tax-free status at an international organization, a special scheme from Volvo means that you can buy a premium car at favourable prices – and …
Volvo gives Diplomats special treatment Read MoreFamilies torn apart by family reunification rules are hoping for another chance from the new government. The case of an eight-year-old girl who is being threatened with deportation has turned …
8-year-old facing deportation Read MoreLand-locked neighbor reveals plans to start construction of controversial dam months before regional meeting decides on the issue Undeterred by a regional agreement to which it is a signatory and …
Sweden and Finland oppose new dam at the Mekong River Read MoreThe number of people without the right vote has tripled since 1990 – politicians blame immigration tests The demands placed on foreigners hoping to obtain a Danish passport are far …
Citizenship Requirements Way too Demanding: Opposition Read MoreSweden is to halve the number of countries to which it pays foreign aid. The number of recipient countries is to be cut from 70 to 33, with China, Vietnam, …
Sweden to Scrap Aid to China, Vietnam, Philippines, Laos Read MoreThe family of the founder of one of Norway’s most international companies, paint and coatings producer Jotun Group, is resisting a takeover bid by Norwegian industrial concern Orkla. The grandson …
Family Resists Selling Off Jotun Read MoreFrom New Delhi to Shanghai to Johannesburg, a flood of cheap handsets from the likes of China’s ZTE Corp and India’s Micromax Informatics Ltd is destroying Nokia Corp’s top position …
‘No-brands’ Nobble Nokia in New Markets Read MoreAP Moeller-Maersk A/S, owner of the world’s biggest container shipping line, and 14 other carriers will seek a peak-season surcharge two months later than previously scheduled amid weaker-than-expected demand. The …
Maersk, Others seek Asia-US Peak-season Surcharge 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 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 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 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 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 MorePolice have filed murder charges against one of the men initially arrested after 35-year-old Einar Opsahl was gunned down execution-style on a street near Bislett Stadium in Oslo last month. …
Man Born in Laos Charged in Bislett Murder Read MoreEight arrests have been made in connection with the gunshot murder of a 35-year-old man close to Oslo’s Bislett Stadium last weekend. Several of the suspects have now been charged …
Asians Charged With Drug-related Activities in Oslo 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 MoreLast weekend’s near-assassination-style shooting of a young man on a street in a mostly residential area near Oslo’s Bislett Stadium has shaken even the most jaded murder investigators on the …
Southeast Asians Under Suspicion in Oslo Murder Case Read MoreDeep in the Laotian countryside a village chief has good things to say about a large Nordic forest company. In a short film produced by Stora Enso he tells how …
Social Conscience Means Good Business Read MoreEthnic minority children in Laos often struggle in school because they lack knowledge of the Lao language. With the help from the Norwegian Save the Children, hundreds of kids now …
Norway Secure Better Education for Ethnic Minority Children 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 MoreAP Moeller-Maersk A/S may be the only shipping line to profit from growing trade between Asia and Europe even as rates reach a two-year low. While Maersk is ordering the …
Maersk Expanding Fleet Amid Tough Economic Waves Read MoreFrom 1 January 2012, new Danish passports must contain digital photos, fingerprints and signatures. In this way the security against forgery and misuse of passports is strengthened considerably. Present passports …
New Danish Passports Biometric from New Year 2012 Read MoreStephen Elop, Nokia’s chief executive, has silenced rumours that the mobile phone maker’s partnership with Microsoft could lead to a takeover. Elop’s announcement comes one month after he revealed that …
Nokia Reassures Staff Amid Takeover Speculation Read MoreThai Biogas Energy (TBEC) plans to invest about US$4 million to set up a second biogas plant in Laos and is looking for further opportunities in Vietnam and Cambodia. The …
Finnish Biogas Producer Expands in Laos Read MoreFrom the United States to Singapore and Hong Kong, Maersk has won praise and awards for its focus on the environment.The awards reflect the increased visibility of Maersk Line’s and …
Maersk Wins Raft of Environment Awards Read MoreFinland has entered into bilateral development cooperation with Laos PDR. Finnish support to Laos Renewable Energy (RE) is the pioneer step to mark the start. The Lao Vice Minister of …
Finland Support Renewable Energy in Laos Read MoreInternational development aid has increased 6,5% between 2009 and 2010, according to a report released by the OECD in the beginning of April. Finnish development aid increased 8,8% between 2009 …
OECD: Finland’s Development Aid Increasing Read MoreThe OECD has criticised Sweden for using money from the development aid budget to finance embassy operations, in contravention of international regulations. The OECD is critical that the foreign ministry …
OECD Slams Sweden for Using Aid for Embassies 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 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 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 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 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 MoreThe International Union for Conservation of Nature (IUCN) said Wednesday Laos’ controversial Xayaburi dam project should be extended for 10 years pending thorough research on cross-border environmental and economic impacts.Jake …
NGO’s Backs Vietnam’s Proposal on Xayaburi Read MoreJørgen Ørstrøm Møller is launching his new book, “How Asia Can Shape the World” 10th of May 2011 at Copenhagen Business School.The book describes and explains how and why Asia …
Jørgen Ørstrøm Møller Book Launch at CBS Read MoreCarlsberg admits they are making shortcuts by using bribes. It’s against the cooperation’s own ethical rules, but it’s also against Danish and International laws. But the reality is that one …
Carlsberg’s Vice-president Admits Using Bribes Read MoreWhile Carlsberg’s famous green logo is known all over the world, its sales don’t always measure up to its brand recognition. Carlsberg is launching a new global positioning to help …
Carlsberg to Reinforce Brand Positioning. Read MoreCompanies should do more to report their impact on nature to help curb damage that drains trillions of dollars a year from the world economy, a leading U.N. expert said …
“Greener” Corporate Accounts Urged to Aid Nature Read MoreA cocktail event for the creation of the European Chambers of Commerce in Laos will take place in Vientiane on the 31st of March, at 17.30. Companies from Denmark, Sweden, …
Launch of European Chamber in Laos Read MoreThe Association of Southeast Asian Nations (ASEAN) is working on a plan to make one visa for all of ASEAN in the same way Europe’s unified visa system works, eports …
One Visa for All Asean Countries Read MoreThe Thai Embassy in Vientiane, Laos, would no longer issue any 60-day tourist visa, single or double entry, to any applicant whose passport alreadybears three such visa stickers from the …
Policy on Thai Visa Tightened Read More