EU Healthcare & MedTech business mission to Singapore, Philippines

EU Healthcare & MedTech business mission to Singapore, Philippines

During 28 August 2018 to 4 September 2018 the EU Business Avenues in South East Asia programme will take selected European companies in the Healthcare and Medical Technologies sector to Singapore and Philippines. Some 50 European companies from 15 European Union (EU) member states will be attending this 10th business mission.

The EU Business Avenues in South East Asia programme supports European companies in establishing long term collaborations in the region, through a series of coaching, business matching and business support services.

The business mission will first travel to Singapore to participate in Medical Fair Asia 2018, before flying over to Philippines for 2 days of pre-arranged business meetings with local stakeholders.

The increase in demand for healthcare and medical technologies in South East Asia is driven by rising affluence, changes in the public healthcare schemes and. aging populations. Healthcare demand in SEA is increasing rapidly also due to an epidemiological shift from infectious diseases to chronic disease patterns matching western markets.

The medical technology (MedTech) sector is expected to grow from US$88 billion (S$120 billion) in 2015 to US$133 billion in 2020 in Asia Pacific, and Singapore is “well-positioned” to act as a gateway to tap the market in the region. Singapore expenditure for elderly and assistive technology is projected to grow 4.5 folds from 2015 to 2030, states EU Business Avenues SEA.

Philippines, on the other hand, is witnessing increasingly more investment in public-private partnerships (PPPs) for major hospital infrastructure projects. At the same time the digital landscape is changing fast with the public and private sector pushing for the digitisation of healthcare information and accessibility for the benefit of the population.

The growing senior population in Europe is an important growth driver for the healthcare sector, which resulted in proactive development by medical device companies to find solutions to address the demands of the aging population such as diagnostic equipment to detect all kind of diseases in their early stages, homecare devices, and remotely monitor-able diagnostic equipment that enables telehealth.

The South East Asia (SEA) region can benefit from these technologies and developments as the region faces similar medical challenges due to its greying population. It is expected that those over 65 years of age will represent 7.8% of the overall population (or 4.6million) by 2020.

“There is huge potential to share the EU’s innovative technologies and solutions in the healthcare and medical industry with ASEAN countries,” says the EU Ambassador to Singapore H.E. Barbara Plinkert.

In 2016, more than 12,200 patent applications were filed with the European Patent Office (EPO) in the field of medical technology, of which 41% represent European applications. “This is a clear evidence of a highly innovative sector that invests in R&D to meet the rapidly changing industry needs,” says Ambassador Plinkert.

In addition, the SEA region has been developing a uniform system for registering and assessing medical devices across all member states – the ASEAN Medical Device Directive (AMDD) – expected to be effective from 2020.

The industry is hopeful that the directive will raise the confidence of foreign manufacturers to penetrate the SEA market and will directly improve the healthcare industry in this region by ensuring that medical devices meet quality and performance standards.

The following Nordic companies are participating:
Moto tiles/Entertainment Robotics (Denmark)
Sub Sector: Assistive Technologies,Rehab/Pain Equipment
Moto tiles are designed as an alternative form of physical rehabilitation exercise to allow elderly citizens to break away from monotonous training programs, and participate in an exercise that is fun and exciting, and therefore more motivating.

Human Care (Sweden)
Sub Sector: Assistive Technologies,Medical Equipment

Withn 20 years of experience Human Care produces and provides mobility solutions for people with special needs. Their premium products are: Mobility Aids, Lifting Solutions, Healthcare Beds, Convertible Chairs, and Bathroom Safety Products for people with reduced mobility.

Mediconsult (Finland)
Sub Sector: ICT for Healthcare,Telemedicine and Remote Health Monitoring

Mediconsult’s core solutions include customer and patient data management, elderly care, ERP, self-care and digital services. Their solutions are designed to fully address the needs of social care and healthcare, both in public and private sectors. The solutions steer patient processes and treatment chains, giving customers the chance of receiving treatment where it best suits them, developed together with their customers, in full compliance with national specifications and regulations. Their data systems are utilised, among others, by doctors, nurses, and self-managing customers in social and health care.

Business mission week details:
Dates: 28 – 31 August 2018
Venue: Level B2, Hall E, Sands Expo & Convention Centre, 1 Bayfront Ave, Singapore 018971

Manila, Philippines
Dates: 3 – 4 September 2018
Venue: Shangri-La at the Fort, BGC, 30th Street Corner, 5th Avenue Bonifacio Global City, Taguig City, Philippines

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Tougher conditions for Danish pig industry

Tougher conditions for Danish pig industry

Danish pig producers are facing a record low turnover due to the draught and an increasing production of pigs in China and in the US.

The population of pigs in 2018 are 12,9 mio. in Denmark and 433 mio. in China. Source: Statistics Denmark & Statista.
Photo: Matthias M. Creative Commons

The export price for Danish pork is record low which naturally hits the Danish pig farmers hard on their pockets. According to an article from Danish Jyllands-Posten the price on pork is lower than expected and extremely low for the season.

Usually the price on pork peaks around summer and are at its lowest around Christmas. This year however the summer prices are the lowest in 15 years, says Jyllands-Posten.

“The low prices of pork are mainly due to the fact that pig production grows by 2-3 per cent this year in the EU and around 5 per cent in the US. At the same time, our exports to China have been hit by a sharp fall in prices due to an increasing pig production in China,” explains market analyst Karsten Fleming, Agriculture & Food to Jyllands-Posten.

Chinese crackdown on small family farms

China has the world’s biggest pork industry and according to Reuters the country is accelerating the transformation of their industry dramatically in these years. Many of the typical backyard farms are being closed across the country as they can’t afford the cost off the newly made pollution standards. This has made room for China’s new megafarms.

The crackdown on pollution standards on the smaller farms across the country was intensified during 2017. Hundreds of thousands of pig farms where forced to shut down according to Reuters – and therefor opening a more industrialized version of Chinese pig production with these megafarms.

The sharp fall in pork prices to the Asian export market is not only caused by Chinas transformation of their pork industry, but also because the US is experiencing a record high production of pigs, says Jyllands-Posten.

As the market has been flooded with pork and as the prices are at its lowest, the European draught has also added harder terms for the Danish pig farmers. The draught has made cow farmers dispose the production earlier than usual due to the lack of feed.

The grain harvest will become the smallest in 42 years due to draught which means the pig producers needs to buy extra amount of feed for their pigs.

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Nordic Chambers of Commerce in Thailand invite to evening seminar

Nordic Chambers of Commerce in Thailand invite to evening seminar

The four Nordic Chambers of Commerce in Thailand invite to evening seminar and networking Tuesday 28 August.

New knowledge, networking, live music and free wine are on the menu when the Nordic Chambers of Commerce in Thailand invite both members and non-members to evening seminar in Bangkok.

At the seminar questions like how digitalisation and globalisation will change the concept of work as we know it today, how the future organisation looks like and what do we need to change will be discussed.

Niclas Lindgren and Lasse Wendelin will attend the event as quest-speakers.
Niclas Lindgren is CEO in his own consulting company Renesans Consulting, while Lasse Wendelin is the founder of the concept weCan that helps companies to reach their growth goals.

The event will take place on Marriott Executive Apartments Sukhumvit Park, Sukhumvit Soi 24, Bangkok from 6:30 – 9:30 PM.

Entry Fee is THB 600 for Members of any of the 4 Nordic Chambers and THB 900 for non-members.

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Processing time for Danish visa in China reduced significantly

Processing time for Danish visa in China reduced significantly

The processing time for a Danish visa to Chinese travelers has been reduced from 15 days to three days.

It is now easier than ever for Chinese travelers to vist Danish attractions like the Infinite Bridge in Aarhus. Photo: Dennis Borup Jakobsen / VisitDenmark

Chinese travelers planning on going to Denmark, Greenland or the Faroe Islands and running short on time to get a visa no longer need to stress. Now they can get a visa in just three days. The visa will even give them access to the 25 other European countries, that is a part of the Schengen agreement. That includes countries like Spain, Germany and the Netherlands.

Chinese travelers will only be able to travel into Schengen countries, if the primary destination is Denmark.

In order to get the Danish Visa in three days it is necessary to use an accredited travel agent.

Watch more in the video below that also includes a list of accredited travel agents:

Video: Embassy of Denmark in China

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Carlsberg increases ownership in Cambodian company

Carlsberg increases ownership in Cambodian company

The Danish brewer Carlsberg has increased its ownership in the Cambodian brewer Cambrew Limited by 25%.

Cees ’t Hart has been CEO and President of Carlsberg A/S since 2015. Photo: Carlsberg Group

Next time you drink an Combodia beer it might have a touch of something Danish. Cambrew Limited (Cambrew), one of the largest brewers in Cambodian, is now mainly on Danish hands. After Carlsberg has increased their ownership in Cambrew by 25% they now own 75% of the brewer. Cambrew will retain a 25% ownership stake.

“The increased ownership of Cambrew is in line with our strategic priority of growing our business in Asia. The transaction gives us management control of the business in a beer market that offers appealing long-term growth opportunities,” says CEO Cees ’t Hart.

Cambrew’s beer brand Angkor Premium Beer is a popular brand among Cambodian consumers. Besides the beer, Cambrew also produces Pepsi bottles for the Cambodian market.

In 2005 Carlsberg got involved with Cambrew with 50% of shares.

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Indonesia forestry report published

Indonesia forestry report published

Indonesia recently published a report on ‘The State of Indonesia’s Forests 2018‘ with Minister of Environment and Forestry, Ibu Siti Nurbaya, in lead, reports the Embassy of Denmark in Indonesia.

“Deforestation remains a major concern, and public initiatives such as community managed forests are being prioritised to promote sustainable forest management. Denmark is working closely with the Indonesian government to promote sustainable conservation measures. One of our joint initiatives, Hutan Harapan ‘Rainforest of Hope’, has been supported since 2011 to restore and protect one of the richest and most threatened lowland forest ecosystems through active community engagement.

Indonesia’s Ministry of Environment and Forestry (MOEF) produced the first ever ‘State of the Indonesia’s Forests’ (national SOFO) publication in collaboration with FAO of the United Nations. Today (15/1) Ministry of Environment of Indonesia with FAO high officials gathered to attend the advanced writing workshop to finalize the content of the national SOFO publication.

The publication highlights the successful efforts of the Government of Indonesia through various policy instruments and forestry practices to promote good governance of sustainable forest management in Indonesia.

“State of Indonesia Forest (National SOFO) is the future of our forest. This publication perhaps will stay until 30 years later. This report is a huge step for Indonesian forestry, and we are able to achieve it with the FAO support. Perhaps this can be compared with FAO support to Indonesia’s agricultural development in the 70’s,” said Minister of Environment and Forestry Siti Nurbaya, who is also the Editor in Chief in the publication at the opening of a workshop held earlier in 2018 as part of the production of the report.

SOFO aims to provide information to the global community, the state of Indonesia’s forests and forestry resources, and the efforts of the Indonesian Government to democratize the allocation of forestry resources.

“The world is seeking for a leader in the forestry, in the wildlife. The international society is expecting our leadership” said Siti.

“It has been an honour for FAO to support the Indonesia SOFO process since October 2017. FAO sees the Indonesia SOFO as being not only an important publication for this country but also for the rest of the world,” stated FAO Representative in Indonesia Stephen Rudgard.

From the executive summary of SOFO:
“The State of Indonesia’s Forests 2018 provides a broad and deep examination of the progress of the implementation of Indonesian government policies under the leadership of President Joko Widodo and Vice President Jusuf Kalla to manage Indonesia’s forests, and participate in managing the global climate with sense of responsibility. For the Government, the State of Indonesia’s Forests 2018 can be considered as a political document, reflecting participatory processes in achieving multi-stakeholder consensus in the management of Indonesian forests. The State of Indonesia’s Forests 2018 was written by many authors from the Ministry of Environment and Forestry and presents the latest data and information on the management of Indonesia’s tropical forests, while illustrating achievements that have been made to date.

“The State of Indonesia’s Forests 2018 explains the status of Forest Area and forest cover, demonstrating the government’s high attention to safeguarding Indonesia’s tropical forests that function as a global heritage and a living natural laboratory, ensuring long-term prosperity for society and the survival of human life. The State of Indonesia’s Forests 2018 is an effort to be transparent about national programs and achievements, so that they may be known by all parties, including the world community. Multi-stakeholder engagement, especially with grassroots communities, is a policy priority. So is practicing good governance in forest management for the current and future generations.

“For Indonesia, the responsibility for managing forests is not merely the responsibility of the government, but it is the responsibility everyone, ranging from the private sector to members of grassroots communities. Forest management is not just about the timber economy, or conservation of biodiversity, flora and fauna, but about the overall management of forests. The forest with its various functions must be beneficial for millions of Indonesians. This is why there has been a shift from forest management focused mainly on timber management, toward broader forest landscape ecosystem management, which includes social forestry and community-based forest management. The combination of forest management with better land use represents a strategic reorientation toward managing forests more wisely, while taking into account customary values, social forestry, elements of agrarian reform, and law enforcement Indonesia is one of the world’s most biologically diverse countries, contains the largest expanse of tropical peat lands in the world, and therefore has an important role for the world in maintaining the stability of global ecosystems. Indonesia stands ready to lead globally in the areas of forest conservation, biodiversity protection and wise peat ecosystems.

“The Government of Indonesia is now carrying out policy reviews and correcting measures to promote better management of forests and peat ecosystems. In particular, improved peat management in small and large plantations is underway to ensure a sharp drop in the occurrence of peat soil fires in forests, plantations and home gardens – and related negative effects on the environment, health, transportation and economic growth.

“The State of Indonesia’s Forests 2018 is a very important document. It is not only a medium of information about Indonesia’s forests, but also an open, public, official document that provides information and outlines certain accomplishments for an international community that appears eager to better understand forest management in Indonesia. While the State of Indonesia’s Forests 2018 highlights various corrective measures, it also provides space for accommodating relevant inputs and feedback, so that the international community can support the country and the people of Indonesia, to improve their wellbeing.”

Sources: Embassy of Denmark in Indonesia, Indonesia’s Ministry of Environment and Forestry (MOEF), Food and Agricultural organization of the United Nations

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Danish export to China is decreasing more and more

Danish export to China is decreasing more and more

The dream about China as a Mecca for export is something that perhaps need adjustment according to Børsen.

File:Shanghai skyline waterfront pudong 5166168 69 70.jpg

Shanghai, China’s financiel center. Photo: Wikipedia.

The story of China as a country with a rapid growth in the economy is no longer the case. This, perhaps gloomy forecast, is coming from Børsen, a Danish newspaper specialising in business news. The export from Denmark to China has declined with 9,4 percent in the first six months of 2018 compared to the same period last year.

While the noughties could offer China double-digit growth rates in the GDP this is no longer the case and this has an impact on the import according to Børsen.

“There is not earlier in the statistics life since 1997 registered a bigger decline over a period of six months. This is obviously worrying as the export to China previously only has known one way and that is up,” says Tore Stramer, Chief Economist in Nykredit, to Børsen.

Børsen is also referring to an analysis from Jyske Bank in 2012 that proclaimed a tripling of the export so that in 2020 it would amount to more than 44 billion DKK. Faced with the current facts about Chinas economy, the bank does recognize the fact and says to Børsen that they probably were too optimistic back then.

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