Nordic News, Business and Life in Asia
He is one of the world’s wealthiest men with a fortune estimated at $23bn (£14bn), yet he drives a 15-year-old car, flies economy class and encourages the thousands of staff …
Is the Secret of Ikea’s Thrifty Founder Out of the Box? Read MoreA Swedish Business Delegation comprising of high-level representatives from 15 companies (most based in Singapore) visited Kuala Lumpur 23-25 January. The event was jointly organised by the Embassies of Sweden …
Swedes Goes From Singapore To Malaysia Read MoreAsia eUniversity (AeU), an international university supported by 31 Asian countries, including Malaysia, has teamed up with the International Business School of Scandinavia (IBSS) to offer a dual master’s degree …
Danish Business School in Malaysia Read MoreSweden gave the worst possible Christmas gift to the Swedish communities in Malaysia and Vietnam when its government announced in late December 2010 the drastic decision to close five of …
Corporations, Academies, Politicians Etc. Strongly Protest Swedish Embassy Closures in Southeast-Asia Read MoreSwedish furniture giant Ikea’s founder still controls the company through a previously unknown foundation, he admitted ahead of an investigative documentary Wednesday that revealed the company’s complex structure.“Interogo Foundation is …
Ikea Skirts Taxes With ‘Secret’ Foundation Read MoreThe Langkawi Development Authority (Lada) will carry out three simultaneous tourism promotions to Cambodia, Finland and Singapore this week, its tourism manager Megat Shaharul Azman Abas said. The events will …
Langkawi Will Promote Itself in Finland Read MoreIkea Group’s worldwide profit rose 6.1% in its 2010 fiscal year to 2.69 billion euros ($3.6 billion), according to a post on its website. The privately held global home furnishings …
Ikea Profit Rises 6.1% in Latest Fiscal Year Read MoreIncreasing population and incomes in developing countries and a tendency for world trade to expand faster than GDP point to long-term growth in the transport business, the head of Danish …
Maersk: No Doubt About Long-term Growth Read MoreNederman Holding AB has today signed an agreement to sell all shares in Dantherm Filtration Oy to Indutrade Oy. Indutrade’s subsidiary Tecalemit Oy has distributed Nederman’s products in Finland during …
Nederman Sells Finnish Dantherm Filtration Read MoreAfter two straight years of slumping sales, Sweden’s Volvo Cars bounced back in 2010 despite continued weakness in the US.Global sales grew 11.2 percent to 373,525 compared with 334,808 in …
Sweden’s Volvo Cars Increases Sales in 2010 Read More