News from Finland

This is an experimental news service that offers news from Finland in English. A venture from Malloc Enterprises, Inquiries by email: [email protected].

Strong global demand for cruise ships brings work to Meyer Turku shipyard

The cruise ship industry is doing strong globally. This is also visible in the order books of the dockyards building the cruisel liners. Currently over a hundred inividual ships have been ordered, and according to indus…

Finland has the lowest interest rate mortgages in the Euro area in 2018

According to latest statistics from the European Central Bank, Finland has the lowest interest rates for mortgages. According to the ECB in February 2018 Finns paid a mere 0,92 percent interest rates for new home loans.…

Tax authorities in Finland matching Bitcoin transactions & bank transfers to collect tax on crypto trading profits

A vast majority of people who have made profits with cryptocurrency trading have not reported the wins to the tax authorities in the previous years. With the Bitcoin boom of late 2017 it is expected that Finns gained ov…

Finland will not extend initial basic income experiment beyond 2018

Finland decided to give universal basic income a two year trial for 2017-2018. Basic income is a form of social welfare where citizens get paid regularly without any restrictions. The idea is that this will reduce time …

Linnanmäki amusement park in Helsinki to open Europe's most intense roller coaster ride in 2019

The Linnanmäki amusement park in Helsinki will have a new flagship ride. The Taiga roller coaster ride is said to offer the most intense experience in Finland, if not in the whole of Europe. Construction is already unde…

University of Oulu and Nokia Bell Labs to begin 6G mobile network research

The 6G cellular network research at University of Oulu has been chosen as a flagship project for the Academy of Finland. The funding for the research aims to produce next generation mobile networks that will be in use i…