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Norwegian Wealth Fund invests in Malaysia

September 18, 2023September 18, 2023 - by Sofie Rønnelund - 1 Comment

Norges Bank Investment Management, which manages the huge Norwegian Wealth Fund, has bought a 5 percent share in the local Malaysian company, Cahya Mata Sarawak Berhad. Cahya Mata is a …

Norway’s wealth fund closes China office in shift to Singapore

September 8, 2023September 8, 2023 - by Miabell Mallikka - Leave a Comment

Norway’s $1.4 trillion sovereign wealth fund, is closing its only office in China and moving it to Singapore, the fund said on Thursday, September 7. The Norwegian fund has mentioned …

Norwegian fund drops Chinese firm for selling aircrafts to Myanmar

January 31, 2023 - by Miabell Mallikka - 1 Comment

According to the Norwegian central bank, Norway’s biggest wealth fund has excluded a company from China for selling weapons to Myanmar. The fund states, that they have cut all ties …