Norwegian oil sold in Asia again

Crude oil from Norway’s Johan Sverdrup oilfield is heading to Asia once again, following a several months long break, because of a closed arbitrage window and a strong demand from …

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Swedfund investment accelerates energy transition in Southeast Asia

On December 22, 2023, Swedfund invested 12 MUSD in Southeast Asia Clean Energy Fund II (SEACEF II). This investment will contribute to providing scale-up capital to early-stage companies focused on …

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Malaysian Royals congratulates Denmark’s New King – emphasizing bilateral ties and economic collaboration

Malaysia’s King and Queen, Al-Sultan Abdullah and Tunku Azizah, extend congratulations to Denmark’s newly proclaimed monarch, King Frederik X. In a statement, they express optimism for continued relations between the …

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patient in bed with nurse, Sunway Medical Center, Penang

World Branding Awards honors international companies from Thailand, Sweden, and more

World Brand Awards honored international brands as National, Regional, and Global Winners from more than forty countries nominated as “Brand of the Year” during its 17th edition ceremony. “This is …

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Singapore and Scandinavia among strongest passports in the world

Both Singapore, Finland, Sweden, Denmark and Norway are in the top 10 of strongest passports in the world of 2023. The scores are calculated by VisaGuide World Passport Index, which …

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Maersk plans to invest more than $500 Million in Southeast Asian supply chain

A.P. Moller-Maersk is set to invest over $500 million in expanding its supply chain infrastructure in Southeast Asia. The three-year plan is focusing on strengthening its Logistics and Services arm …

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Yinson Production invests in Norwegian carbon capture project

Yinson Production (YP), a Singapore-based unit of the Malaysian Yinson Group, has invested in Norway’s Carbon Removal for direct air capture projects. The undisclosed investment supports YP’s goal of decarbonizing …

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Asia-Pacific exhibition “Destination Samsonite: Voyaging Through Time” presented in Singapore

The latest Asia-Pacific exhibition of a world-class luggage and travel bag brand, Samsonite, was presented in Singapore at the start of November 2023. It was titled “Destination Samsonite: Voyaging Through …

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Thai fashion house Jaspal secures rights to import and distribute Marimekko and others

Thai fashion retailer, Jaspal Plc, secured the rights to import and distribute products of the Finnish brand Marimekko in Vietnam and Malaysia. It also was appointed to handle the import …

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Telenor reports “solid growth and earnings” in third quarter

Norwegian telecom company Telenor reported that its earnings in the third-quarter reached above expectations due to growing mobile service revenue and lower energy prices in the Nordics. “The third quarter …

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