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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patient in bed with nurse, Sunway Medical Center, Penang

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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True Global Ventures’ insights on megatrends, and the significance of AI

In the past, Dusan Stojanovic, Director and Founder of True Global Ventures (TGV), has guided the ScandAsia readers within the world of financial technology (fintech). The Singapore-based Swede now returns, …

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Join the Singapore International Music Competition Winners Gala with Scandinavian prizes

The Singapore International Music Competition is back again for young pianists and violinists around the world to show off their skills. Furthermore, the participants will get to showcase their performances …

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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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H&M collaborates with Singapore-based DBS to help suppliers decarbonize

H&M, the Swedish fast fashion retailer, has joined forces with Singapore’s DBS Bank to introduce an innovative green loan initiative. The program aims to assist clothing manufacturers in cutting down …

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Stock up some forest-friendly Monsoon Tea as days get shorter

Monsoon Tea offers forest-friendly tea of different flavors that are grown and harvested in Northern Thailand. The choices are varied from the classic pure tea products to its unique blends …

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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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Thailand failing to attract global talent while Nordic countries dominates top 10

Thailand has experienced a decline in its global talent attraction, according to the Global Talent Competitiveness Index 2023. In the latest index ranking, conducted by INSEAD, Thailand dropped from 75th …

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Finnish Marimekko experienced an increase of 13 percent in sales within the Asia-Pacific

The Finnish design house, Marimekko, experienced a notable 13 percent growth in sales within the Asia-Pacific region in the third quarter of fiscal year 2023.  The Asia-Pacific’s is Marimekko’s second-largest …

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