Nordic News, Business and Life in Asia
Torstein Dale Sjøtveit, the Norwegian CEO of Malaysian state-owned energy supplier, Sarawak Energy Bhd (SEB), is facing corruption allegations following the disclosure of public contracts on the 900 MW Murum …
Corruption Accusations Rocks Sarawak Energy Read MoreThe Malaysian Swedish Business Association held its first Networking of the year. The venue for the event was the city center of Kuala Lumpur and was held on Friday 24 February. …
The Malaysian Swedish Business Association First Networking Read MoreNorwegian mobile operator Telenor is considering investing in the telecommunications sector, less than two weeks after Norway lifted some of its sanctions against Myanmar. Mr Sigve Brekke, a member of …
Telenor of Norway eyes investment in Myanmar Read MoreNorwegian firm Telenor Friday junked reports that it would quit India following revocation of its telecom licences by the Supreme Court and said its joint venture Uninor’s services are in …
Telenor won’t quit India Read MoreNorway’s government has said it wants non-European immigrants to carry residency cards equipped with data chips bearing their fingerprints.In a proposal presented on Friday, the justice ministry said the new …
Norway wants migrants to carry fingerprint ID Read MoreVolvo Group, the world’s second-largest truck maker, announced Friday a 63-percent jump in its 2011 net profit boosted by record sales and margins, and a 43-percent hike in the fourth …
Volvo group announces record sales for 2011 Read MoreAffected by price pressure and increased costs for raw materials, the income of the Swedish multinational appliance manufacturer Electrolux fell by 48 percent last year compared to 2010, the company …
Electrolux income drops in 2011 Read MoreContainer ships can’t go any slower. Shipping lines are running out of options to stop losses as sailing speeds reach their lower limit, exhausting a solution that helped restore profitability …
Back to the 19th-century – slow, slower, Maersk Read MoreFor the full-year 2011, H&M posted a net profit of 15.82 billion kronor ($2.33 billion), down from 18.68 billion kronor in 2010, largely owing to soaring prices for materials, especially …
H&M bottom line feels the pinch Read MoreSkagen Denmark introduces a limited edition watch, the Skagen Dragon Watches Collection, that’s exclusive to Malaysia. There are only 120 each of the men’s and women’s design. Drawn by the …
Skagen Designs Dragon Watch Collection Read More