Team Finland -network in Singapore

Handbook for Starting a Business in Singapore

Short Handbook by Embassy of Finland and its partners for Starting a Business in Singapore(Link to another website.).

Team Finland in Singapore

The Team Finland network promotes Finland and its interests abroad: the internationalisation of Finnish enterprises, investments in Finland, and the country brand. The Team Finland operating model brings together the key actors and services in these fields. The core of the network consists of the publicly funded organisations operating in these fields, such as the ministries, Finland’s network of diplomatic missions, Business Finland, national culture and science institutes, Finnvera, Finnfund, and the regional internationalisation services, built upon the ELY Centres.

The Team Finland network will help your enterprise become more international, grow, and succeed in the global market. For more information on services to companies seeking internationalisation, see: team-finland.fi/en/(Link to another website.) (Opens New Window).

Jointlyestablished by Finnish Ministry of Education and Culture and Finnish Ministry of Foreign Affairs, Team Finland Knowledge (TFK) network works to reinforce Finland’s reputation as a leading country in education, science and innovation. The aim is a more open, international and attractive Finland. Singapore with Southeast Asia is one of locations of the network. Team Finland Knowledge counsellors promote Finnish educational and research cooperation, networking and access to new knowledge. TFK network works to increase international mobility of students, researchers and talents and to support the exports of Finnish knowledge, expertise and educational innovation. 

Finnish Business Council Singapore(Link to another website.) is a community of companies and individuals interested in fostering business between Singapore and Finland. The business council is part of the Team Finland network in Singapore.

Nordic Innovation House Singapore (Link to another website.)is a joint operation by Nordic countries. It connects Finnish and other Nordic startups and growth stage companies to Singapore and through Singapore to the SE Asia region. Embassy of Finland is part of the team that produces the joint services of the House.

Contact persons for Team Finland in Singapore

Chair

Ambassador Antti Vänskä
Embassy of Finland, Singapore

Coordinator

Irma Ylikangas
Team Finland
Counsellor, Innovation and Trade Affairs
Embassy of Finland, Singapore
irma.ylikangas(at)formin.fi

Team Finland Knowledge Network

Ms Anna Korpi
Team Finland knowledge 
Counsellor, Education and Research Affairs
Embassy of Finland, Singapore
anna.korpi(at)formin.fi

Finnish Business Council Singapore

Ms Minna Hyväri, General Manager
fbcsg(at)fbcsg.org

Objectives of the Team Finland network in Singapore

Finnish companies are interested in the Singaporean and Asian markets as Singapore is a good gateway to whole Asia and especially to Southeast Asia.

Team Finland will concentrate on promoting business especially within health and wellness, solutions for smart cities and circular economy.

Team Finland network offers Finnish companies a working infrastructure in Singapore and Southeast Asia. The network helps emerging Finnish companies to access the market, plays a role in helping Finnish companies attract Singaporean investment and builds up the country brand through means of communication.

In Singapore, Team Finland consists of the Finnish Embassy and Finnish Business Council Singapore. Nordic Innovation House Singapore(Link to another website.) (Opens New Window) is a key partner for serving Finnish growth companies entering Singapore or expanding from Singapore to Southeast Asia.

Team Finland's services related to business opportunities between Finland and Singapore

The following are Singapore specific services active at the moment. You can find all services on Team Finland  website(Link to another website.) (Opens New Window). Notice that you can find contact information to key stakeholders and listing of Finnish companies active in Singapore from the end of this page.

Forthcoming Events

Team Finland Singapore will coordinate Finnish joint efforts during and around events in Singapore and in Finland. If you are interested in participating or collaborating, please contact [email protected] at the embassy. The following events are currently in the pipeline:

 

 

Past events 2022

29.11.2022 Education event

• Discussions about the future of education and reconnecting with different educators and education institutes. Presentations by Olli-Pekka Heinonen, Director General of International Baccalaureate to Singapore and Ye-Her WU from National University of Singapore.

26.10.2022 Nordic Green event at the time of Singapore International Energy Week SIEW

• Video: NORDIC GREEN 2022: GREEN TRANSITION AND ENERGY RESILIENCE(Link to another website.)

26.10.2022 Millennium Technology Summit Satellite event organised by Neste Ltd. (tbc)

25.-28.10.2022 Finnish presence at Singapore Week of Innovation and Technology SWITCH

20.-23.10.2022 GamesCom Asia 

19.-21.10.2022 ITB Asia - Asia's Leading Travel Trade Show

Future is Made in Finland 2022

• 11.10.2022 Kick-off (virtual event) 
• 25.10.2022 FIMIF x SWITCH (hybrid event broadcast from Singapore)
• 17.11.2022 FIMIF x SLUSH (hybrid event, broadcast from Helsinki) 
• 16.12.2022 FIMIF x Techfest (hybrid event, broadcast from India) 

11.10.2022 Singapore Maritime Insitute Forum

• A networking evening for Singaporean and Finnish companies working with maritime transportation and logistics as well as maritime solutions and education. Cheng Peng Tan gave a 3-point summary of SMI Forum.

24.9. Study in Europe virtual event in Singapore, with Study in Finland webinars

10.-18.9.2022 Visit of the Commerce Committee of the Parliament of Finland 

4.-7.9.2022  Visit of the Future Committee of the Parliament of Finland

• Commerce Committee, Parliament of Finland visited Singapore to learn about monetary policy and housing development.

31.7.-3.8. Mayor of Helsinki in World Cities Summit / Mayor's Forum in Singapore

24.-27.5.2022 Team Finland delegation at World Ageing Festival in Singapore

• Delegation was led by Päivi Sillanaukee, Ambassador for Health and Wellbeing. World Ageing Festival was organised by Ageing Asia. Watch replays here https://worldageingfestival2022.heysummit.com/replays/(Link to another website.) 

4.4.2022 Nordic Maritime event at Singapore Maritime Week

• Watch the recording here(Link to another website.) at this great event moderated by Trade Counsellor from Embassy of Finland.

19.1.2022 The Future of Holistic Integrated Care

• Joint event with Nordic Innovation House Singapore and SGInnovate. From the Finnish side Päivi Sillanaukee, Finnish Ambassador for Health and Wellbeing, was on stage. See the webinar recording here(Link to another website.).

Past events 2021

15.-26.11.2021 Nordic Smart and Sustainable Properties Market Entry Program to Singapore and SE Asia

•  Nordic joint program for max 20 Nordic companies interested in accessing or growing in Singapore and SE Asia. More info here(Link to another website.). 

18.10.2021 Finnish showcase and online reception at Ageing Asia event

•  https://worldageingfestival2021.heysummit.com/(Link to another website.)

14.10.2021 Stroke, Data and AI cooperation

•  Online health and tech seminar about Nordic - Singapore cooperation opportunities 14.10.2021 at 2 pm Singapore time. More info at https://lnkd.in/dC7qPthV(Link to another website.)  

28.-30.9.2021 Finnish and Nordic showcase at Techinnovation technology matchmaking event

• More info at here(Link to another website.).

17.9.2021 16:00 - 17:30 Nordic - Singapore - Southeast Asia healthcare and tech event: Healthcare beyond hospital to community

• View the recording of the Southeast Asia wide closing event about Nordic and Singapore roadmap towards Healthcare from Hospitals to Community at https://www.youtube.com/watch?v=-VpPXMvIN4A (Link to another website.)

6.-17.9.2021 Nordic Health Solutions Market Entry Program to Singapore and SE Asia

• Nordic joint program for Nordic companies interested in accessing or growing in Singapore and SE Asia. More info at https://www.nordicinnovationhouse.com/singapore/singapore-initiatives/nordic-health(Link to another website.) 

10.6.2021 16:00 - 17:00 (SIN) Singapore and Asia opportunities in ageing

• Webinar with Nordic Innovation House Singapore and Ageing Asia to learn about Singapore's healthcare digitalization roadmap and Nordic market entry program. More info at https://www.nordicinnovationhouse.com/singapore/singapore-events/ageing-care-in-singapore-southeast-asia(Link to another website.)

9.6.2021 16:00 - 17:00 (SIN) Singapore opportunities in digital health

• Webinar with Nordic Innovation House Singapore and IHiS to learn about Singapore's healthcare digitalization roadmap and Nordic market entry program. More info at https://www.nordicinnovationhouse.com/singapore/singapore-events/singapore-digital-healthcare-in-the-new-normal(Link to another website.)

19.-30.4. Nordic Water-Waste-Food Virtual Market Entry Programme to Singapore 2021

• Read the WWF Deck for the programme structure and package details at http://bit.ly/nihsg-wwf-deck-21(Link to another website.) 

15.4. 14:00 - 15:30 (SIN) Emerging Technology forum on Plastic Recycling

• Co-organized by Helsinki Business Hub and IPI Singapore. More information at https://www.ipi-singapore.org/events/emerging-technology-forum-on-plastic-recycling.html(Link to another website.)

8.3. 16:00 - 17:00 (SIN) Waste water related opportunities with Sembcorp

• Embassy, as part of the Nordic Innovation House Singapore team, co-produces an overview webinar with Sembcorp as a warm-up for Nordic waste solutions market entry program towards Singapore. More info at  http://bit.ly/wwf-nihsg-sembcorp-8mar(Link to another website.)

3.3. 16:00 - 17:00 (SIN)  Southeast Asia waste related opportunities with UNDP and EDBV

• Embassy, as part of the Nordic Innovation House Singapore team, co-produces an overview webinar with UNDP Global Center Singapore and ADB Ventures as a warm-up for Nordic waste solutions market entry program towards Singapore. Watch recording here(Link to another website.).

Past events 2020

8.-15.12. SIN EU Business Avenues on medical and health tech to Singapore (Medical Fair Asia 2020) and Indonesia

• Check the event site(Link to another website.) for more information

9.12. Introduction to Nordic Innovation House Singapore services for Finnish companies

• See the event recording(Link to another website.)

7.-11.12. SIN: SFFxSWITCH week: TechInnovation, Fintech Festival and many other sessions with Finnish delegates

• Tue Dec 8th 16:00 SG time the Nordic Showcase on health, smart cities and sustainability at Techinnovation: recording and materials(Link to another website.)
• Wed Dec 9th World Fintech Festival in Finland https://www.helsinkifintech.fi/event/singapore-fintech-festival-helsinki-satellite-event/(Link to another website.)
• Finnish delegation to this ‘Singapore superweek’ has been 100 – 200 people strong in the last three years. In 2020, we had less Finnish delegates with clear focus on offering fintech solutions (by participating to Singapore Fintech Festival https://www.fintechfestival.sg/(Link to another website.)) or offering potential technology transfer and innovation cooperation opportunities for potential Singaporean and Asian partners (by showcasing at Techinnovation virtual marketplace https://www.techinnovation.com.sg/(Link to another website.)).

29.11.-4.12. SIN: EU Business Avenues environment and water delegation to Singapore (Water Week) and Vietnam

• More information at event site(Link to another website.).

Oct - Dec SIN/global: Talent Boost activities and events by Finnish actors

• the final session Future is Female(Link to another website.)

2.-5.11. SIN: EU Business Avenues on construction and building tech to Singapore and Philippines (Philconstruct 2020)

• To see the participating companies, please check event site(Link to another website.) and contact [email protected] 

29.10. SIN: Nordic Green event at Singapore International Energy Week SIEW

• See the event recording(Link to another website.)

12.-23.10 SIN: Nordic Smart Cities market entry program weeks in Singapore with Nordic Innovation House

• For more information, check the overview of the portfolio and what happened(Link to another website.) and contact [email protected]

7.10. SIN: Foodtech opportunities in Singapore webinar

• For more information, contact [email protected]

28.9.-3.10. SIN: EU Business Avenues in ICT to Singapore (ConnectTech Asia) and Thailand

• More information at event site(Link to another website.).

25.-26.9. SIN/global: Talent Boost activities and events by Finnish actors

• 14.10. Kick-off
• 27.-29.10. Circular economy
• Oct. Imaging technologies
• 3.11. 5G and 6G technologies
• 11.11. AI and data science
• 17.11. Design thinking
• Jan 2021. Women in Tech and Science

22.-24.9. SIN: Foodtech webinar series on Singapore Food Story and opportunities for business and innovation

• Organized by Innovation Norway. For more info, contact [email protected]

14.-25.9. SIN: Nordic Health market entry program weeks virtually in Singapore with Nordic Innovation House

• For more information, check the company portfolio and what happened (Link to another website.)and contact [email protected]

Sept - Oct SIN: Indoor Air Quality business webinars/meetings by Helsinki Business Hub

• Check event site(Link to another website.) for more information on the following events:
• 11.9. IPI’s Emerging Technology Forum on Indoor Air Quality
• 18.9. Finnish built environment and IAQ solutions
• 9.-30.9. in Finland: WDBE 2020 (World Digital Built Environment) – Redefining sustainability for urban environment
• 8.-9.10. matchmaking events

26.8. SIN: Smart City opportunities in Southeast Asia -- Webinar towards the Nordics with Asian Development Bank and UNDP

• To access the video and event materials, click here(Link to another website.).

11.6. SIN: Opportunities in Punggol Digital District webinar to showcase what tech large players are looking for the developments in the smartest city district

• Kick-off for Nordic Smart City Program towards Singapore. For event materials, go here(Link to another website.).

22.4. SIN: Webinar on Nordic digital solutions by UNDP, Nordic Innovation House Singapore (and Team Finland) 

• You can view event materials(Link to another website.) for further information. We continue to connect solutions to the needs identified by UNDP. 

EU-Singapore Foreign Trade Agreement

EU-Singapore Free Trade Agreement EUSFTA entered into force in November 2019. The implementation will take place in stages. For example, nearly all import duties on EU-Singapore trade will be removed, at the latest in 2025. To learn more details and to follow up the implementation of different areas of the agreement into practice, see here(Link to another website.).

Market Opportunities in Singapore identified by Team Finland

Check out the reports, market opportunities and sales leads identified from Singapore. The published materials can be found from Team Finland Market Opportunities(Link to another website.).  To know more about them, please contact [email protected] in Singapore. Below you can find the most interesting reports about Singapore:

Starting a Business in Singapore handbook(Link to another website.)

Singapore: Opportunities in waste-to-value and circular economy(Link to another website.)

Maritime industry shifts: Benchmarking digital ships(Link to another website.)

Free Trade Agreement between EU and Singapore(Link to another website.)

Singapore kehittää aktiivisesti jo nyt laadukasta koulutusjärjestelmäänsä (in Finnish) 

Singaporen terveydenhuoltoon panostaminen kasvaa väestön vanhetessa nopeasti(Link to another website.) (in Finnish)

Singaporen kiinnostus kiertotaloutta kohtaan kasvaa (in Finnish)

Singaporen matka maailman huippujen joukkoon (in Finnish)

The following list includes most of the Finnish companies with local office or daughter company in Singapore:

1. Aalto Executive Education Academy Pte Ltd(Link to another website.) (Opens New Window)

2. Arctic Security(Link to another website.)

3. ASSA ABLOY Singapore Pte LTtd / ABLOY SINGAPORE(Link to another website.) (Opens New Window)

4. BC Platforms(Link to another website.)

5. Bittium(Link to another website.)

6. camLine Pte Ltd (Link to another website.)(Elisa company)

7. Cargotec Corporation(Link to another website.) (Opens New Window)

8. Clewat Pte Ltd(Link to another website.) 

9. Codemate Ltd Singapore(Link to another website.) (Opens New Window)

10. Ductor Pte Ltd(Link to another website.) (Opens New Window)

11. Elisa Polystar Singapore(Link to another website.)

12. Exove Design Pte. Ltd.(Link to another website.) (Opens New Window)

13. FCG Finnish Consulting Group(Link to another website.) (Opens New Window)

14. Fincare Pte Ltd, Singapore(Link to another website.)

15. Finnair Plc (Singapore Branch)(Link to another website.) (Opens New Window)

16. Framery(Link to another website.)

17. Frontier Nordic PTE Ltd(Link to another website.) (Opens New Window)

18. Glaston Singapore Pte Ltd(Link to another website.) (Opens New Window)

19. HappyOrNot(Link to another website.)

20. Helvar(Link to another website.)

21. HMD Mobile Singapore Pte Ltd(Link to another website.)

22. Hovi Care (S) Pte Ltd(Link to another website.) (Opens New Window)

23. Huhtamaki Singapore Pte Ltd(Link to another website.)

24. Huone Singapore(Link to another website.) (Opens New Window)

25. KONE Pte Ltd(Link to another website.) (Opens New Window)

26. Konecranes PTE Ltd(Link to another website.) (Opens New Window)

27. Lifelearn Holdings(Link to another website.) (Opens New Window)

28. M-Brain Group(Link to another website.) (Opens New Window)

29. Marinetek South East Asia Pte Ltd(Link to another website.) (Opens New Window)

30. Metsa Board Singapore Pte Ltd(Link to another website.) (Opens New Window)

31. Metso Asia Pacific Pte Ltd(Link to another website.) (Opens New Window)

32. MultiTouch Asia Pte Ltd(Link to another website.) (Opens New Window)

33. Napa(Link to another website.) (Opens New Window)

34. Neste(Link to another website.) (Opens New Window)

35. Neste Engineering Solutions Pte Ltd(Link to another website.) (Opens New Window)

36. Nokia Pte Ltd(Link to another website.) (Opens New Window)

37. Nolwenture(Link to another website.)

38. Nordea Bank AB Singapore Branch(Link to another website.) (Opens New Window)

39. Normet(Link to another website.)

40. Novarbo(Link to another website.)

41. Palmu Asia Pte Ltd(Link to another website.) (Opens New Window)

42. Peikko Singapore Pte. Ltd.(Link to another website.) (Opens New Window)

43. PlugIt Pte Ltd(Link to another website.) (Opens New Window)

44. Rapala VMC Singapore Pte. Ltd.(Link to another website.)

45. Raute(Link to another website.) (Opens New Window)

46. Relex(Link to another website.)

47. RiverRecycle Asia-Pacific(Link to another website.)

48. Superson(Link to another website.)

49. SurgeryVision(Link to another website.)

50. Siratec Pte Ltd(Link to another website.) (Opens New Window)

51. Tridify(Link to another website.)

52. UpCloud Asia Pte Ltd(Link to another website.)

53. UPM Asia Pacific Pte Ltd(Link to another website.) (Opens New Window)

54. Valmet(Link to another website.)

55. VKS Pte Ltd(Link to another website.) (Opens New Window)

56. Wartsila Singapore Pte Ltd(Link to another website.) (Opens New Window)

57. Wipak Singapore Branch Office(Link to another website.) (Opens New Window)

58. Wipunen Asia Capital Pte Lt(Link to another website.) (Opens New Window)d(Link to another website.)

You can search for more Finnish companies registered in Singapore from here(Link to another website.).

More information on Team Finland

• Team Finland website(Link to another website.) (Opens New Window)

• Team Finland on Facebook(Link to another website.) (Opens New Window)

• Team Finland on Twitter(Link to another website.) (Opens New Window)

• Team Finland on YouTube(Link to another website.) (Opens New Window)