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(layout.types.url.description).

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/(layout.types.url.description) (Opens New Window).

Jointly established 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(layout.types.url.description) 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 (layout.types.url.description)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

N.N.
New Team Finland Advisor will start working in Singapore later in the fall 2022. Until that, please contact Anna Korpi (see below) or Office Administrator Ms May Loh may.loh(at)formin.fi. If you want to catch up with ex-coordinator Riku Mäkelä who relocated to Finland, you can reach him from riku.makela(at)businessfinland.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(layout.types.url.description) (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(layout.types.url.description) (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:

August

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

September

Visit of the Future Committee of the Parliament of Finland 

Visit of the Commerce Committee of the Parliament of Finland 

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

October

11.10.2022 Singapore Maritime Insitute Forum with strong Finnish participation

11.10.2022 Future is Made in Finland 2022: Kick-off (virtual event) 

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

20.-23.10.2022 GamesCom Asia 

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

25.10.2022 Future is Made in Finland 2022: FIMIF x SWITCH (hybrid event broadcast from Singapore)

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

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

November 

17.11.2022 Future is Made in Finland 2022: FIMIF x SLUSH (hybrid event, broadcast from Helsinki) 

December 

16.12.2022 Future is Made in Finland 2022: FIMIF x Techfest (hybrid event, broadcast from India) 

Past events 2022

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/(layout.types.url.description) 

4.4.2022 Nordic Maritime event at Singapore Maritime Week

• Watch the recording here(layout.types.url.description) 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(layout.types.url.description).

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(layout.types.url.description). 

18.10.2021 Finnish showcase and online reception at Ageing Asia event

•  https://worldageingfestival2021.heysummit.com/(layout.types.url.description)

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(layout.types.url.description)  

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

• More info at here(layout.types.url.description).

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 (layout.types.url.description)

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(layout.types.url.description) 

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(layout.types.url.description)

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(layout.types.url.description)

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(layout.types.url.description) 

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(layout.types.url.description)

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(layout.types.url.description)

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(layout.types.url.description).

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(layout.types.url.description) for more information

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

• See the event recording(layout.types.url.description)

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(layout.types.url.description)
• Wed Dec 9th World Fintech Festival in Finland https://www.helsinkifintech.fi/event/singapore-fintech-festival-helsinki-satellite-event/(layout.types.url.description)
• 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/(layout.types.url.description)) 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/(layout.types.url.description)).

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

• More information at event site(layout.types.url.description).

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

• the final session Future is Female(layout.types.url.description)

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(layout.types.url.description) and contact [email protected] 

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

• See the event recording(layout.types.url.description)

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(layout.types.url.description) 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(layout.types.url.description).

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 (layout.types.url.description)and contact [email protected]

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

• Check event site(layout.types.url.description) 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(layout.types.url.description).

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(layout.types.url.description).

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

• You can view event materials(layout.types.url.description) 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(layout.types.url.description).

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(layout.types.url.description).  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(layout.types.url.description)

Singapore: Opportunities in waste-to-value and circular economy(layout.types.url.description)

Maritime industry shifts: Benchmarking digital ships(layout.types.url.description)

Free Trade Agreement between EU and Singapore(layout.types.url.description)

Singapore kehittää aktiivisesti jo nyt laadukasta koulutusjärjestelmäänsä (in Finnish) 

Singaporen terveydenhuoltoon panostaminen kasvaa väestön vanhetessa nopeasti(layout.types.url.description) (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(layout.types.url.description) (Opens New Window)

2. Arctic Security(layout.types.url.description)

3. ASSA ABLOY Singapore Pte LTtd / ABLOY SINGAPORE(layout.types.url.description) (Opens New Window)

4. BC Platforms(layout.types.url.description)

5. Bittium(layout.types.url.description)

6. camLine Pte Ltd (layout.types.url.description)(Elisa company)

7. Cargotec Corporation(layout.types.url.description) (Opens New Window)

8. Clewat Pte Ltd(layout.types.url.description) 

9. Codemate Ltd Singapore(layout.types.url.description) (Opens New Window)

10. Ductor Pte Ltd(layout.types.url.description) (Opens New Window)

11. Elisa Polystar Singapore(layout.types.url.description)

12. Exove Design Pte. Ltd.(layout.types.url.description) (Opens New Window)

13. FCG Finnish Consulting Group(layout.types.url.description) (Opens New Window)

14. Fincare Pte Ltd, Singapore(layout.types.url.description)

15. Finnair Plc (Singapore Branch)(layout.types.url.description) (Opens New Window)

16. Framery(layout.types.url.description)

17. Frontier Nordic PTE Ltd(layout.types.url.description) (Opens New Window)

18. Glaston Singapore Pte Ltd(layout.types.url.description) (Opens New Window)

19. HappyOrNot(layout.types.url.description)

20. Helvar(layout.types.url.description)

21. HMD Mobile Singapore Pte Ltd(layout.types.url.description)

22. Hovi Care (S) Pte Ltd(layout.types.url.description) (Opens New Window)

23. Huhtamaki Singapore Pte Ltd(layout.types.url.description)

24. Huone Singapore(layout.types.url.description) (Opens New Window)

25. KONE Pte Ltd(layout.types.url.description) (Opens New Window)

26. Konecranes PTE Ltd(layout.types.url.description) (Opens New Window)

27. Lifelearn Holdings(layout.types.url.description) (Opens New Window)

28. M-Brain Group(layout.types.url.description) (Opens New Window)

29. Marinetek South East Asia Pte Ltd(layout.types.url.description) (Opens New Window)

30. Metsa Board Singapore Pte Ltd(layout.types.url.description) (Opens New Window)

31. Metso Asia Pacific Pte Ltd(layout.types.url.description) (Opens New Window)

32. MultiTouch Asia Pte Ltd(layout.types.url.description) (Opens New Window)

33. Napa(layout.types.url.description) (Opens New Window)

34. Neste(layout.types.url.description) (Opens New Window)

35. Neste Engineering Solutions Pte Ltd(layout.types.url.description) (Opens New Window)

36. Nokia Pte Ltd(layout.types.url.description) (Opens New Window)

37. Nolwenture(layout.types.url.description)

38. Nordea Bank AB Singapore Branch(layout.types.url.description) (Opens New Window)

39. Normet(layout.types.url.description)

40. Novarbo(layout.types.url.description)

41. Palmu Asia Pte Ltd(layout.types.url.description) (Opens New Window)

42. Peikko Singapore Pte. Ltd.(layout.types.url.description) (Opens New Window)

43. PlugIt Pte Ltd(layout.types.url.description) (Opens New Window)

44. Rapala VMC Singapore Pte. Ltd.(layout.types.url.description)

45. Raute(layout.types.url.description) (Opens New Window)

46. Relex(layout.types.url.description)

47. RiverRecycle Asia-Pacific(layout.types.url.description)

48. Superson(layout.types.url.description)

49. SurgeryVision(layout.types.url.description)

50. Siratec Pte Ltd(layout.types.url.description) (Opens New Window)

51. Tridify(layout.types.url.description)

52. UpCloud Asia Pte Ltd(layout.types.url.description)

53. UPM Asia Pacific Pte Ltd(layout.types.url.description) (Opens New Window)

54. Valmet(layout.types.url.description)

55. VKS Pte Ltd(layout.types.url.description) (Opens New Window)

56. Wartsila Singapore Pte Ltd(layout.types.url.description) (Opens New Window)

57. Wipak Singapore Branch Office(layout.types.url.description) (Opens New Window)

58. Wipunen Asia Capital Pte Lt(layout.types.url.description) (Opens New Window)d(layout.types.url.description)

You can search for more Finnish companies registered in Singapore from here(layout.types.url.description).

More information on Team Finland

• Team Finland website(layout.types.url.description) (Opens New Window)

• Team Finland on Facebook(layout.types.url.description) (Opens New Window)

• Team Finland on Twitter(layout.types.url.description) (Opens New Window)

• Team Finland on YouTube(layout.types.url.description) (Opens New Window)