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Business

Denmark is Best Country Ideal for Business

Business is flourishing in Denmark amid the global financial crisis. No wonder why the country has topped an international survey for two straight years. If you have noticed, there’s really no stopping this country from moving forward. […]

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Scandinavian Art Galleries Join Tokyo Exhibit

It’s heartwarming to know that art works of different countries are becoming global nowadays. Not only is the art of one country confined to its local region but it’s getting international exposure through active participation in art fairs.
The biggest art exhibition in Japan welcomed the participation of art galleries from the Scandinavian region for the very first time. The Tokyo Art Fair which ran from April 3-5, 2009 also provided a special space for young artists. […]

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Danish Businessman Behind Popular Thai Hotel

Bangkok is one top tourist destination in Asia and is home to many world-class hotels. There’s one luxury hotel there that, unknown to many of you, was rebuilt by a Danish businessman named Hans Niels Andersen.
The Oriental, Bangkok had a long history that dates back to 1881. During that year, Andersen who was then only 29 years old already had a vision of putting up a modest lodging place with a bar and western menu for all types of travelers visiting Thailand. He was on a seamen’s mission at that time. […]

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Denmark Reduces Interest Rate

Major financial institutions worldwide are responding to the global financial crisis by cutting interest rates. This is seen as a good move by many people who believe that governments should find ways to help people cope up with the economic downturn. […]

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Electric Cars for Denmark

California start-up Better Place and Danish utility Dong Energy have lined up financing to bring an electric car charging network to Denmark by 2011.
The two companies have secured 75 million Euro in venture capital financing which will go to constructing stations where drivers can recharge batteries for electric cars. […]

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Denmark Provides Bank Loans To Hedge Off Long Recession

After seeing what the United States and other countries have been going through Denmark will offer loans to banks and mortgage lenders worth around 17.8 billion dollars. It is the largest bailout ever given by lawmakers and is being used so the residents of Denmark will not see a protracted recession. 75 billion kroner will be allocated to the banks and the rest will go to the mortgage lenders. The interest rate according to the government will be based on the financial strength of each business. […]

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Denmark re-thinks Euro introduction

Denmark need to join the euro zone to weather the financial crisis, Denmark’s Prime Minister Anders Fogh Rasmussen said recently. Polls show that 50 percent of Danes are now in favour of scrapping the Danish Krone (DKK).
“The euro ensures political and economical stability in Europe and the current financial turmoil makes it evident that Denmark has to join the Euro,” said Mr Rasmussen. […]