Nordic News, Business and Life in Asia
A forecast for February shows, that the production level at Chinese factories has not been higher since April 2012. The high production level follows the reopening of the Chinese society …
Highest production in China in ten years Read More
FILE PHOTO: Workers load palm oil fresh fruit bunches to be transported from the collector site to CPO factories in Pekanbaru, Riau province, Indonesia, April 27, 2022. REUTERS/Willy Kurniawan/File Photo/File …
Indonesia and Malaysia send envoys to EU over deforestation law Read More
The Danish firm, Spectre, has started running its new factory in An Giang Province, Vietnam, after two years of construction. This is the third Spectre factory in Vietnam and the …
Danish Spectre new factory in Vietnam starts operating Read More
GPV says the construction of its new mechanics factory in Thailand is rapidly progressing The factory’s lobby, second-floor office and canteen, high-precision area, utility building and loading bay are progressing …
GPV rapidly progresses on constructing new Thai mechanics factory Read More
The Swedish retail giant, Hennes & Mauritz AB (H&M) became the biggest target in the Xinjiang-related boycott wave last year, an opinion piece in the Straits Times said. While many …
Swedish retail giant may have been targeted in China boycotts Read More
On 27 June, the Embassy of Denmark in Myanmar outlined its help thus far in supporting small and medium businesses in the country. The Embassy of Denmark in Myanmar’s …
Denmark’s support in Myanmar garment industry Read More
Swedish Note has won a new customer in China. The customer is a company in cutting and welding where Note will manufacture PCBA for existing and future product generations. The …
Swedish company Note grows with new customer in China Read More
The subsidiary of the state energy firm Petronas in Malaysia, Petronas Chemicals Group, will acquire the Swedish specialty chemicals maker Perstorp Holding in a deal worth 2.3 billion euros. The …
Petronas Malaysia to acquire Swedish specialty chemicals maker Perstorp Holding for 2.3 billion euros Read More
Danish jewelry group Pandora plans to build a $100 million jewelry crafting facility in Vietnam, a news report said last week. This will be the company’s third manufacturing site and …
Danish Jewelry group to open $100 million jewelry crafting facility in Vietnam Read More
Finnish subsidiary Okmetic working with the Chinese semiconductor maker, National Silicone Industrial Group, will invest nearly 400 million euros ($422 million) to build a silicon wafer production facility in Finland, …
Finnish National Silicon Industrial Group builds new plant in China Read More
The head of Chinese electric car maker Xpeng believes that the closure of Shanghai could have major consequences. Norwegian importers are however not worried, E24 writes. Last week, Xpeng CEO He Xiaopeng …
Xpeng fears production may come to a full stop in May – Norwegian importers not worried Read More
Chinese authorities are currently fighting a new wave of infections and in Shanghai, that means an introduction of the strictest lockdowns since the virus first broke out in Wuhan. The …
Employees at Danish company’s factory in Shanghai went into isolation to keep production going Read More
A celebrated business leader says goodbye when Jørgen Mads Clausen resigns as chairman of the board of Danfoss on 25 March. In an interview with Avisen Danmark’s business editor, he …
Interview with Jørgen Mads Clausen: “I have globalized Danfoss” Read More
China is currently battling the worst covid-19 outbreak since the start of the pandemic, and it is now hitting the country’s many factories, which produce goods for the entire world. …
New wave of covid-19 in China could delay goods in Denmark Read More
The LEGO Group recently reported earnings for the full year of 2021 which show that revenue for the year grew 27 percent versus 2020 to DKK 55.3 billion and consumer …
LEGO Group achieves strong growth boosted by new stores in China Read More
During a recent meeting, chairman of the Joint Foreign Chambers of Commerce in Thailand (JFCCT) Stanley Kang urged Thailand’s Prime Minister Gen Prayut Chan-o-cha to push for digital transformation and …
JFCCT urged Thailand’s PM to take steps to keep the country competitive in the global market Read More
The Finnish shipping company Viking Line recently welcomed its climate-smart flagship Viking Glory in the Port of Turku following the ship’s five-week journey from China to Finland. Viking Glory was …
Climate-smart Viking Glory completes the journey from China to Finland Read More
Swedish-Swiss Tetra Pak, a world-leading processing and packaging solutions company, and New Concept Product Co., Ltd. (NCP), has announced the launch of the new HOTTA brand products — ready-to-drink (RTD) ginger beverages …
Tetra Pak and NCP launch new HOTTA brand products in UHT carton packages Read More
Danfoss’ Editron division has successfully begun the mass production of its EM-PMI240-T180 motor at its Nanjing factory, located in the eastern Jiangsu province. Danfoss says in this press release that, established in …
Danfoss’ Editron division begins mass production of its electric motor in China Read More
The Swedish furniture giant IKEA’s branch in the Philippines has asked its customers to have patience as it struggles to keep up with demands and restock inventory amid the COVID-19 …
IKEA Philippines asks for patience as the furniture giant restocks inventory amid pandemic Read More
Small microchips form the cornerstone of much of the electronics we use daily. But in recent years, microchips have been in short supply, and it has created long waiting times …
Shutdowns in China extends computer chip shortage – Danish companies worried 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 Swedish ladder company Telesteps will move the company’s production from China to a newly built factory in Sweden. Telesteps says in a recent press release that from now on, the company’s …
Telesteps moves production from China to Sweden Read More
H&M has once again teamed up with Danone AQUA for the bottle2fashion project, which transforms plastic bottle waste from across the islands of Indonesia into recycled polyester. The Swedish fashion …
H&M is again turning plastic waste from Indonesian beaches into everyday fashion Read More
Last week, Norwegian energy company Equinor’s Johan Castberg production vessel left Sembcorp Marine yard in Singapore and is scheduled to set sail for Norway next month, Energy Voice writes. In a video …
Johan Castberg production vessel leaves Sembcorp Marine yard in Singapore Read More
Danish toy company Lego Group, one of the world’s largest toy manufacturers, has announced plans to expand its factory located in Jiaxing, China creating additional capacity to meet long-term growth in China …
LEGO Group expands manufacturing capacity at Jiaxing factory to support long-term growth Read More
The Danish company Ecooking, which makes a wide range of cosmetics and skincare products, is ready for expansion into markets in Asia as well as the USA, JydskeVestkysten writes. Founded in 2015, …
Danish cosmetic company Ecooking is ready for Asia expansion Read More
It has been a good year for Cambodia’s bicycle export and according to recent figures from the Ministry of Commerce, bicycle manufacturers in the country earned $514 million from exports …
Cambodia’s bicycle export increase: Denmark and Sweden part of main markets Read More
Santa Claus either lives in Greenland or Lapland according to who in the Nordic region you ask but his workshop is located in the Chinese city of Yiwu, which exports …
Santa Claus lives in the Nordic region but his workshop is located in China Read More
The Swedish-Swiss processing and packaging solutions company Tetra Pak, along with 50 other leading companies and NGOs, signed an MOU to further drive the Extended Producer Responsibility (EPR) initiative in …
Tetra Pak teams up with Government and Industrial partners to drive EPR in Thailand Read More
A new project between TotalEnergies and Vanco Industries to install 750kWp of rooftop solar in the province of Kandal in Cambodia will help garment manufacturers such as the Swedish retailer …
A new project in Cambodia offers solar solutions to garment manufacturers such as H&M Read More
The Danish international shipping and logistics company DFDS’s new roll-on, roll-off passenger ferry, Aura Seaway, is on its way to Denmark from China, the company recently said. The 230-meter-long newbuild is …
South China’s largest shipbuilder delivers luxury ferry to Denmark Read More
Despite the pandemic, Philippine exports to Denmark rose 205 percent year-on-year in September, according to the Department of Foreign Affairs (DFA). Preliminary data from the Philippine Statistics Authority (PSA) and the …
Philippine exports to Denmark saw major growth in September Read More
Denmark’s LEGO Group signed on 8 December a Memorandum of Understanding with Vietnam Singapore Industrial Park Joint Venture Company Limited (VSIP) to build a new factory in Vietnam. The facility …
The LEGO Group announces plans to build new factory in Vietnam to support long-term growth Read More
The Swedish battery materials company Altris AB has officially opened its first office in China, the company recently announced. The Guangzhou-based team will work to promote the company’s innovative cathode material, …
Swedish battery materials company Altris AB expands to China Read More
Swedish-Swiss Tetra Pak, a world-leading processing and packaging solutions company, together with the Royal Chitralada Projects has introduced the world’s first congee in Tetra Recart®, a paper-based carton package from …
Tetra Pak and the Royal Chitralada Projects Launch the World’s First Congee in Carton Package Read More
Norwegian renewable hydrogen plant manufacturer HydrogenPro has reached an agreement with China’s Tianjin HQY Hydrogen Machinery Co., Ltd. (“THM”) to create a joint venture, which will allow HydrogenPro to utilize …
Norway’s HydrogenPro sets up joint venture with Chinese THM as basis for global fabrication plan Read More
Finnish Minerals Group and Beijing Easpring Material Technology have been investigating and negotiating the possibility to establish a CAM plant in Kotka, Finland with the initial capacity of 50,000 t/a …
Finnish Minerals Group and Beijing Easpring cathode materials plant proceeding as planned Read More
Swedish-Swiss Tetra Pak, the world-leading processing and packaging solutions company has appointed Ratanasiri Tilokskulchai as the new Managing Director, according to this company statement. With over 10 years of experience at …
Tetra Pak Thailand appoints new Managing Director Read More
Denmark-based Grundfos, a global leader in advanced pump solutions and water technology has announced the launch of the LC232 Controller in Thailand, an industry-first for groundwater intake controls that utilize …
Grundfos introduces new groundwater pump controller to advance Thailand’s smart agriculture future Read More
Director Bo Mønsted has welcomed the Danish brand UMAGE to Taiwan. Established in 2008, UMAGE is a manufacturer of lighting and furniture solutions with a focus on Scandinavian design that …
Director Bo Mønsted welcomes the Danish brand UMAGE to Taiwan Read More
Singapore-based Sembcorp Marine (Sembmarine) has in a press release clarified media reports on the Johan Castberg project offshore Norway. Last week, The Business Times published an article citing a media report …
Sembmarine clarifies media reports on Johan Castberg project Read More
Finnish KONE, a global leader in the elevator and escalator industry, has been awarded the contract to equip the new development at the former Keppel Towers site in Singapore with …
Finnish KONE to equip Keppel Towers in Singapore Read More
Energy major Shell, Equinor, and TotalEnergies are moving forward with their joint venture project, Northern Lights, and awarding contracts for the building of two dedicated CO2 carriers to Chinese Dalian …
Norwegian CCS Project awards shipbuilding contract to Chinese DSIC Read More
The Swedish engineering group Trelleborg is expanding geographically by establishing manufacturing operations in four countries including Vietnam, Japan, Russia, and Morocco. The new production facilities will be the Group’s first …
Trelleborg expands in four countries including Vietnam and Japan Read More
Swedish shipbuilder Stena Power & LNG solutions said on 4 October, that the company has completed the successful testing of a jettyless LNG receiving terminal ahead of deployment to Vietnam. …
Stena Power & LNG Solutions completes successful model testing for Vietnam LNG-to-power project Read More
On 1 October, the Norwegian roll-on/roll-off provider Höegh Autoliners announced that it has entered into a Letter of Intent (LoI) with China Merchants Heavy Industry (Jiangsu) Co., Ltd. (CMHI) to build a …
Höegh Autoliners signs Letter of Intent for two ammonia-ready car carriers in China Read More
Maersk Container Industry (MCI), headquartered in the Danish city of Tinglev, has been sold to China International Marine Containers Ltd. (CIMC) for DKK 6.6 billion. Despite the sale, however, the …
After Maersk’s billion sale: China to continue to invest in Danish specialist knowledge Read More
Foreign companies including the Swedish-Swiss multinational food packaging and processing company, Tetra Pak continue to expand their businesses in Vietnam despite the country’s Covid-19 setbacks. VN Express writes that several …
Foreign firms expand investment in Vietnam despite covid-19 setback Read More
The Swedish furniture giant IKEA is opening the world’s largest IKEA store which will also be the Philippines’ first IKEA store in the fourth quarter of this year. IKEA Philippines …
Customers can add items to shopping list ahead of IKEA Philippines’s online store launch Read More