Denmark renews interest free-loan scheme for Vietnam

Denmark has extended an interest-free credit scheme to development projects selected by the Vietnamese government and implemented by Danish exporters, said a Viet Nam News report.      The new agreement, signed in early August this year, opens up a line of credit worth US$40 million.      This is the third such agreement between the two countries since…

New IKEA store in KL opened

The planned opening 14 August of IKEA’s new, 35,881 square metres, store in Kuala Lumpur’s Mutiara Damansara went smooth.      “The very first visitor arrived at 4 am and the crowd built up for the early bird event,” says Ms Asa Hjort, responsible for the new IKEA store. “The first 1000 visitors were given Viking hats…

SingTel picks Ericsson as sole 3G system supplier

Singaporean telecom operator SingTel has chosen Ericsson as its as sole supplier for SingTel’s WCDMA, or third generation – 3G – mobile phone technology, system in Singapore.      The contract is valued at USD 125 million. The agreement with SingTel comprises a complete 3G system including core and radio access network.      In addition to infrastructure supply,…

No radical changes of Swedish aid to Laos

Sweden will not introduce any dramatic changes in its aid policy for Laos, says Ms. Lott Jansson at the Foreign Ministry in Stockholm to ScandAsia.      “Aid to Laos is currently provided according to a country strategy for the years 1999 to 2003. A new strategy will be drafted this fall. There are at this stage…

Jakarta bomb near Danish embassy

Window panels in Rajali Tower, where the embassy of Denmark is located on the 25th floor, were shattered when a car bomb early August ripped through the American-run JW Marriott hotel in Jakarta, killing at least 14 people and leaving more than 150 injured in an attack police compared to the Bali terrorist outrage. The…