New business directory boost for Finnish-Malaysian ties

  • Business
  • Friday, 18 Apr 2003


LOCAL enterprises interested in exploring business opportunities in Finland will find the newly-launched Finnish-Malaysian Business Directory a helpful source of information. 

Besides serving as a guide to businesses in Finland and Finnish firms operating here, it also offered information on business contact points in both countries, relevant websites and general business information about Finland, Finnish Ambassador to Malaysia Unto Turunen said. 

“It is a very useful publication to anyone who wants to know about Finland and our business sector. I hope it will be well made use of,” Turunen told StarBiz, adding that about 1,000 copies of the directory would be distributed to business circles, selected institutions and enterprises, libraries and media houses. 

There are about 45 Finnish companies registered in Malaysia involved in niche fields such as telecommunications, power generation, aviation, construction, finance, education, pulp and paper, fertiliser production, special machinery sales and engineering software. 

The launching of the directory coincided with the Finnish Week 2003, which began on April 7 and co-organised by the embassy and the Malaysian-Finnish Business Council (MFBC).  

Events included a business exhibition on Finnish companies operating in Malaysia.  

The 16 firms participating in the exhibition are also sponsoring the Finnish Week, and include Nokia, ABB, Fortum Power and Jeks. 

Other events are a Finnish Food Week, Finnish Dimensions Photo Exhibition, and Finland in Poster Exhibition.  

On bilateral trade, Turunen said there had not been an increase in volume last year, noting that trade surplus was hugely in Malaysia’s favour. 

“Our exports to Malaysia hit a peak in 1997 but slid following the Asian financial crisis. After that, it has sort of remained stagnant. We may not have large investments in Malaysia, but the country is an important partner for Finnish companies. There is always potential for growth in our business,” he added.  

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