Nordic News, Business and Life in Asia
ScandAsia reports on construction and infrastructure, with a focus on Nordic companies, engineering, transport infrastructure, commercial and residential development, building materials, trade, investment, innovation and sustainability across Southeast Asia and China.
Contrary to popular belief, condominiums in Phuket are now more expensive than villas, according to a 2026 property market index highlighted by Expat Guide Thailand. The findings challenge the common …
Phuket condos cost more than villas, new index shows Read More
There has undoubtedly never before been a more vibrant time for Swedish-Vietnamese trade relations than now. Swedish investments into Vietnam, paired with various bilateral collaborations, are at an all-time-high, and …
Modernising the heritage and deepening the trade relationship key goals for Swedish Ambassador Johan Ndisi Read More
Danish pump manufacturer Grundfos has marked 30 years of business in China, with Danish Ambassador to China Michael Starbæk Christensen attending the anniversary celebrations. The three-decade milestone reflects Grundfos’ long-term …
Grundfos marks 30 years of business in China Read More
The Swedish Embassy in the Philippines has announced that in collaboration with the European Chamber of Commerce of the Philippines (ECCP), it will host the inaugural Transportation Forum: Connecting the …
Swedish Embassy in the Philippines to host Transportation Forum on sustainable mobility Read More
Finnish elevator and escalator company KONE has opened its first training facility in the Philippines. The new KONE Academy is located in Mandaluyong City, Metro Manila, and will serve as …
Finnish KONE opens first training academy in the Philippines Read More
Danish logistics giant DSV has launched a new facility in Singapore aimed at strengthening cross-border logistics with Malaysia. The Redlion2 facility will support the flow of goods across the Causeway …
DSV opens Singapore facility to boost logistics with Johor Read More
Danish renewable energy giant Ørsted has secured approximately $3 billion (TWD 90 billion) in funding for its Greater Changhua 2a and 2b offshore wind farms in Taiwan. According to Ørsted, …
Ørsted secures $3 billion funding for Taiwanese offshore wind projects Read More
In the region he has already called home for the past decade, Emil Akander was in early 2025 appointed by Business Sweden (BuS) as Vice President and Head of Region …
Emil Akander, Business Sweden, Asia-Pacific: Sweden’s biggest economic growth potential at the crossroads of emerging economies and the world’s major economies Read More
Finnish underground technology specialist Normet Group has announced that it will redeem a 30-million-euro hybrid bond originally issued on 19 May 2023. The redemption will take place on 19 June …
Normet announces bond redemption as operations continue across Southeast Asia Read More
Denmark reaffirmed its support for the Philippines’ ambition to become a global leader in shipbuilding during a virtual seminar co-hosted with the Philippine government on revitalizing the country’s maritime industry. …
Denmark supports Philippines in revitalizing shipbuilding industry Read More
The Embassy of Denmark in the Philippines, in collaboration with the Philippine Department of Transportation and the Anti-Red Tape Authority, is set to co-host a virtual seminar titled “Revitalizing Philippine …
Denmark to co-host virtual seminar on revitalizing Philippine shipbuilding industry Read More
The Hateco Hai Phong International Container Terminal (HHIT) was officially inaugurated on April 5 after more than 30 months of rapid construction. More than just a breakthrough infrastructure project in …
Inauguration of Hateco Hai Phong International Container Terminal Read More
A new strategic initiative spearheaded by the Danish Embassy in Malaysia has brought together major Danish companies to advance the green agenda in the country. The initiative, called the Green …
Danish companies in Malaysia unite to accelerate green transition Read More
Jotun, a global leader in paints and coatings, has been awarded the prestigious Norwegian Export Award 2025. This accolade recognizes Norwegian companies that have successfully created value in Norway through …
Jotun Honored with Norwegian Export Award 2025 Read More
A Norwegian delegation took part in the buildingSMART International Summit held in Singapore from 18 to 21 March 2025, marking the first time the event was hosted in Southeast Asia. …
Norwegian delegation joins global buildingSMART summit in Singapore Read More
Its ‘Micro housing’ is making inroads in Oceanian countries Despite all the hardships, many new businesses and ideas could be brought to fruition as a result of Covid-19. Kubikle, a …
Danish-owned Kubikle rolls out innovation to deliver space-efficient, customisable living spaces Read More
PD House actively seeks to revolutionize home building in Thailand by introducing the innovative Danish “Bubble Deck” technology. This initiative not only marks the company’s first use of Bubble Deck …
PD House introduces Danish “Bubble Deck” technology for homes in Thailand Read More
With the official declaration of Defence Minister Prabowo Subianto becoming Indonesia’s next president, the interest of foreign investments has increased in the new proposed capital, Nusantara. Delegations from among other …
Indonesia’s new capital Nusantara attracts foreign investors Read More
Vietnam is ready to back the Danish shipping company APM Terminals in green ports pilot project. This was announced by Vietnams deputy prime minister Tran Hong Ha, while he hosted …
Vietnam ready to back Danish shipping company APM Terminals Read More
In the past, Dusan Stojanovic, Director and Founder of True Global Ventures (TGV), has guided the ScandAsia readers within the world of financial technology (fintech). The Singapore-based Swede now returns, …
True Global Ventures’ insights on megatrends, and the significance of AI Read More
Denmark and Philippines have made a job skills program with the aim of addressing the lack of workers to fulfill the renewable energy (RE) transition. The Danish Embassy in Manila …
Denmark and Philippines address lack of RE workers Read More
Denmark has accepted an invitation from China to co-host a shipping fair in Shanghai. Minister of Industry, Business and Financial Affairs, Morten Bødskov, said so in a press release on …
Denmark accepts hosting invitation from China Read More
Norwegian oil company Aker BP and construction firm Aibel held the first steel cutting ceremony for the Munin platform in Thailand. A platform which is being built for the Yggdrasil …
Steel cutting ceremony in Thailand for Norwegian platform Read More
Finnish concrete and composite structures supplier Peikko opened a new factory in Johor Bahru, Malaysia, on 18 October 2023. In a press release, Peikko stated it was honored to have …
Finnish concrete supplier Peikko opens factory in Malaysia Read More
Around 100 guests attended when Volvo Construction Equipment showcased their electric machines in Magelang, Indonesia in late September. PT Indotruck Utama (ITU) held the event which was themed ‘Sustainability for …
Volvo CE Indonesia gets first look at upcoming electric machines Read More
Energinet, Denmark’s transmission system operator, has signed a contract with China’s Zhongtian Technology Submarine Cable (ZTTSC) for the delivery of cables. ZTTSC is set to deliver approximately 12 kilometers of …
Chinese contractor to install 12 km cable in Copenhagen Read More
The construction of a new Singapore warehouse for the Danish logistics operator DSV has been launched. The facility is owned and developed by Sydney-based Logos but designed to fit the requirements …
Construction of new DSV warehouse in Singapore has begun Read More
Norges Bank Investment Management, which manages the huge Norwegian Wealth Fund, has bought a 5 percent share in the local Malaysian company, Cahya Mata Sarawak Berhad. Cahya Mata is a …
Norwegian Wealth Fund invests in Malaysia Read More
A.P. Møller Capital, the asset management unit of Danish transportation and logistics giant A.P. Møller Group, said on Monday, February 20, that it aims to invest more than $750 million …
A.P. Møller plans $750 million infrastructure deals in Southeast Asia Read More
SWEDCHAM Singapore offers a unique company visit at the Swedish ad agency Forsman & Bodenfors on 17 November. Get a sneak peek at how award-winning advertisement campaigns are born and …
Join SWEDCHAM Singapore on Forsman & Bodenfors company visit Read More
In their efforts to promote green solutions in the building industry in Vietnam, the Finnish Embassy in Hanoi and Business Finland joined hands to support the signing of the agreement …
Vietnam to start building with Finnish approved low-carbon cement Read More
Danish COBOD 3D printers have a strong Asia Pacific footprint with an office in Kuala Lumpur, a news report said recently. COBOD is headquartered in Denmark and count world leading …
Danish 3D printing company COBOD and its Asia Pacific footprint Read More
The Finnish construction specialist Peikko Group Corporation has signed an agreement with Chinese structural design company Shanghai Shucko Construction Technology Co., Ltd. to become a majority stakeholder of the company …
Finnish Peikko to become majority shareholder of Chinese structural design company Shucko Read More
The Johan Castberg FPSO vessel Bømlafjorden arrived on 8 April in Norway. The vessel was built in Singapore by Sembcorp Marine and the arrival in Norway happened approximately two years …
Equinor’s Johan Castberg FPSO arrives in Norway from Singapore Read More
Stockholm takes gold place in the Oliver Wyman Forum’s ranking of the world’s big cities based on mobility. The forum highlights in particular Stockholm’s public transport and infrastructure. “Stockholm has …
Stockholm best traffic city world-wide Read More
On 17 January, Vice President of LEGO Group Preben Elnef said that the Danish toy manufacturer will speed up their $1 billion factory project in Binh Duong as committed. Preben …
LEGO to accelerate the construction of Binh Duong factory Read More
The Norwegian company Borr Drilling Limited recently announced that it has reached agreements in principle with the company’s largest creditors, the Singaporean yards, to refinance and defer a combined $1.4 billion debt …
Singaporean yards agrees to defer $1.4 billion receivables from Borr Drilling for 2 years Read More
The Finnish Chamber of Commerce in Hong Kong’s intern Wallace Loo recently visited their corporate member, The Big Things’ sustainable Hong Kong playground made of Finnish wood. In a recent …
The Big Things’ sustainable Hong Kong playground is made of Finnish wood Read More
After traveling almost 16,000 kilometers from Singapore through the Suez Canal and arriving on 29 August, the first three new production platforms for Denmark’s most important gas field are to …
Tyra topsides arrive from Singapore for TotalEnergies North Sea project Read More
The Swedish furniture giant IKEA has started selling 500 apartments in Changsha in southern China, as the company invests in a combination of shopping centers and housing, Expressen writes. IKEA’s shopping malls …
IKEA is expanding with housing adjacent to its shopping centers in China Read More
Sembcorp Marine has successfully completed the fabrication of the Offshore Substation (OSS) and Reactive Compensation Station (RCS) (collectively, “Substations”) for Ørsted Wind Power subsidiary Optimus Wind Limited, according to this …
Sembcorp Marine completes two offshore wind farm substations for Ørsted Wind Power Read More
PES-Architects has won the invited international architecture competition for the Shanghai Submarine Museum on the Huangpu riverfront in Shanghai, China, according to this company announcement. PES-Architects was founded in Finland and …
Finnish PES-Architects wins design competition for Shanghai Submarine Museum Read More
Singapore-based Sembcorp Marine (Sembmarine), the global marine and engineering group shipped on 25 July two wellhead topsides, one riser topside, and two bridges to TotalEnergies EP Denmark. The shipment departed …
Singapore’s Sembmarine to deliver offshore projects to TotalEnergies EP Denmark Read More
Construction of Norwegian paint maker JOTUN’s new $100 million water-based and powder coatings factory is expected to be completed this summer in Hiep Phuoc Industrial Park of Ho Chi Minh …
Vietnam’s paint industry is growing well Read More
Swedish steel production company SSAB, the world’s leading producer of high strength steel, will put renewed focus on the impact of counterfeit steel following counterfeit sales of its extreme hardness …
SSAB shared how fake products can impact your business Read More
China’s Infinity-Loop Skyscraper, the”O-Tower”, is one of the world’s most interesting buildings, media Interesting Engineering writes in a recently published article. The “O-Tower” is designed by the Danish architecture studio …
Danish architecture studio designs one of the world’s most interesting buildings in China Read More
Earlier on 3 March 2021, the Malaysian Investment Development Authority (MIDA) announced a new process in which business travelers approved to enter Malaysia for a period of 14 days or …
Malaysia is now open to business travelers Read More
The Embassy of Denmark in Bangkok continues to celebrate Denmark and Thailand’s long-standing relations through their campaign ‘Today, tomorrow, together – Denmark and Thailand 1621 – 2021.’ Recently they shared …
Did you know Siam Cement Group is a result of close Thai-Danish collaboration? Read More
Business Iceland is proud to present the newly formed Reykjavík Science City which will be a hub for innovation, research, and technology. Creating value and market Iceland internationally as a …
Business Iceland and partners launched Reykjavik Science City Read More
On 14 April 2021 the Finance Secretary Carlos Dominguez III and Finnish Ambassador to Manila Juha Pyykkö met to discuss ways on how the Philippines and Finland can expand their …
Finland discussed how to expand cooperation with the Philippines Read More