Nordic News, Business and Life in Asia
Ingvar 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 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 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 MoreNorwegian telecom operator Telenor announced Wednesday that first quarter revenue grew 7.8 percent, led by strong gains in its subscriber base in India and Asia, while increased competition hurt gains …
Asia Helps Telenor to 7 % Growth in Q1 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 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 MoreCarlsberg Brewery Malaysia Bhd is planning to slightly increase the prices of its beer products in May due to rising raw material and operating costs. Managing director Soren Ravn said …
Carlsberg in Malaysia to Raise Prices Slightly 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 More