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NORWAY-ASIA BUSINESS REVIEW

ISSUE 3 2017

5 FOREWORD

31 Rakhine Violence Threatens Myanmar’s Stability.

President of NBAS, Leo Stornes reflects on Asia’s growing importance.

34 Myanmar’s Energy Sector is set to Power Away. The aim is to light up the whole country by 2030 at the latest.

8 SPECIAL REVIEW 8 Marinetrans, a ship spare parts forwarder with its headquarters in Singapore, is thriving despite tough times in the industry.

Cover Story

Singapore sports the highest concentration of Norwegian businesses in any city outside of Norway. We meet Anita Nergaard, Norway’s new Ambassador to the Island Country. Page 6

10 President of Thome Group, Claes Eek Thorstensenon how the Group keeps up with changes in the shipping industry. 12 Yara Birkeland, the first autonomous zero emission ship initiative is ready to sail.

6 ARTICLES

Singapore welcomes a new Norwegian Ambassador, Anita Nergaard.

Editor: Axel Blom Journalists: Anton Bentzon, Sofie Lisby, Henri Viiralt, Anrike Visser and contributions from guest correspondents Operational Management: Anne-Kari Gulliksen Art Director: Pansak Chintanapakdee Production: Graphics-Related Co., Ltd. Concept Design: Spaulding & Associates Published by: Thai-Norwegian Chamber of Commerce in co-operation with Norwegian Business Association (Singapore) and other Norwegian Business Associations in Asia Editorial & Advertising: Norway-Asia Business Review, Thai-Norwegian Chamber of Commerce Mahatun Plaza, 14th Fl., 888/142 Ploenchit Road, Lumpini, Pathumwan, Bangkok 10330, Thailand Norway-Asia Business Review reaches Norwegian-related business executives and decision makers throughout the region including the diplomatic missions as well as government ministries in Norway and Norwegian sector-based organisations. Business Review is a quarterly business magazine and the contents reflects this. Each magazine has a main theme and the articles are centred around this theme. The magazine focuses on Norwegian-related stories from the region and issues that have impact or interest for Norwegian related businesses. Business Review is available in print as well as digital form through Issuu and Pressreader. Copyright © Thai-Norwegian Chamber of Commerce

NORWAY ASIA BUSINESS REVIEW ISSUE 3

2017

CONTENTS

14 Nordea’s Corrado Lillelund Forcellati reflects on the fresh beginnings between Norway and China. 16 In the relation between ASEAN and China, lessons can be learned from China’s relation with Europe. 20 Meet the new Norwegian Ambassador to Malaysia, Gunn Jorid Roset. 22 Malaysia has seen an influx of Norwegian investments. Salcon Petroleum is ready to help. 24 Aibel Thailand proves Thailand’s skilled workforce can compete on a global level.

36 Thailand is taking steps in becoming the regional leader in electric vehicles .

ISSUE 3 2017

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38 A couple of decades ago we had never heard of data centres. Now we store everything ‘in the cloud’ and Eltek is ready to take command. 40 One of the most successful Norwegian companies in Thailand is Starboard. We talk to CEO Svein Rasmussen. 42 When you’re thinking about relocating to Asia, education is a prime focus. We look at schools in Thailand and Singapore.

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44 The newly-crowned best fintech company in Europe, Funderbeam, is setting its sights on Asia.

26 SNAPSHOTS

We follow Aibel’s Johan Sverdrup module on its long journey to Norway. 46 The 2017 Seafood Dinner in Kuala Lumpur.

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51 STATISTICS Norway and Asia

52 DIRECTORY Norway in Asia

S P E C IA L R EVIEW

The maritime industry is undergoing drastic changes. We look at some changes set to revolutionise the industry. Pages 8-13.

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Norway-Asia Business Review 2017-03  
Norway-Asia Business Review 2017-03