Nordic News, Business and Life in Asia
Follow the latest business developments connecting the Nordic countries
with Asia. ScandAsia covers companies, investment, trade, technology,
energy, manufacturing and new opportunities across the region.
Planning to live, work or do business in Thailand? Expat Guide Thailand provides practical information for expatriates, while EuroThaiLink introduces Thai businesses to European products, technology and industrial machinery.
TGS said in a pressrelease, that it has opened a new Imaging Center in Kuala Lumpur, Malaysia, on 12 January 2026. The Oslo-headquartered energy data and intelligence company said the …
Norway’s TGS opens new centre in Kuala Lumpur Read More
Ocean Infinity has selected Vard, a Norwegian shipbuilder to design and build four optionally crewed vessels. The contract for the four multi-purpose robotic vessels is valued at more than €200 …
Ocean Infinity orders robotic vessels from Norwegian and Vietnamese yards Read More
Danish shipping company AP Moller – Maersk is exploring increased use of ethanol as a marine fuel, Reuters reports. CEO Vincent Clerc said China dominates supply of fuels such as …
Maersk explores more ethanol use as green fuel to reduce reliance on China Read More
Metso, headquartered in Espoo, Finland, is investing in a new rubber products plant in Quzhou, Zhejiang Province. The company said the investment will meet growing demand and improve service in …
Finnish firm Metso to build new rubber products factory in China’s Zhejiang Read More
China Southern Airlines has announced a new nonstop service between Beijing Daxing Airport and Helsinki. The route is described as Daxing’s first direct link to Europe. Most flights from Europe …
China Southern to launch Beijing Daxing–Helsinki nonstop route Read More
A Danish-Indonesian research group says Indonesia needs updated grid code standards to integrate higher shares of renewable energy and support its solar expansion, according to a report published 7 January …
Danish-Indonesian study highlights need for upgrade in Indonesia’s solar energy Read More
Sweden and Indonesia marked 75 years of diplomatic relations with an official visit to a factory in Karawang, West Java. The Swedish Embassy and the Sweden–Indonesia Sustainability Partnership (SISP) delegation …
Sweden and Indonesia mark 75 years of ties with sustainability partnership visit Read More
Volvo Car Malaysia has opened pre-sales for its new fully electric ES90 sedan, ahead of local assembly scheduled to begin in the first quarter of 2026. Customers are invited to …
Volvo opens pre-sales for ES90 electric sedan in Malaysia Read More
The Philippine Competition Commission (PCC) has approved Ayala Corp.’s sale of a 40% stake in its logistics arm, AC Logistics. The PCC said it cleared the transaction on 20 November …
Philippine regulator clears Ayala sale to AP Moller-linked buyer Read More
IKEA will close seven of its large stores in China from 2 February, the company said. The Swedish retailer cited a restructuring to move resources closer to consumers. Stores affected …
IKEA to close seven stores in China as it shifts to smaller formats Read More
Söderberg & Partners has announced that ANE Services AS is being fully integrated into the group’s Global Mobility unit, according to a press release issued on 6 January 2026. Söderberg …
Söderberg & Partners integrates ANE Services AS into Global Mobility unit Read More
Danish dry bulk shipping and freight trading company Union Bulk has appointed Jens R. Boesen as its new chief executive officer, effective immediately. The company confirmed that former CEO Michael …
Danish shipping company Union Bulk appoints new CEO Read More
Swedish biopharma company BioArctic said its partner Eisai has filed a subcutaneous version of Leqembi in China. The application was accepted by China’s National Medical Products Administration. BioArctic said the …
Swedish BioArctic takes step towards at-home Alzheimer’s treatment in China Read More
Norway exported 2.8 million tonnes of seafood worth NOK 181.5 billion in 2025. The Norwegian Seafood Council called it a record export value. Undercurrent News reported that exports to China …
Great catch: Norway’s seafood exports hit record NOK 181.5bn in 2025 Read More
DayOne Data Centers, a Singapore-based data centre company, says it has raised over 2.0bn$ in new funding. The company called it a Series C equity round. The round was led …
DayOne Data Centers raises 2.0bn$ and plans Finland expansion Read More
Norwegian Car Carriers (NOCC) has awarded Yantai CIMC Raffles Offshore a contract for a new pure car and truck carrier. The vessel will be from the same series as NOCC …
Norwegian Car Carriers orders new 7,000-car ship in China Read More
Vietnamese businesses highlighted green transformation and the circular economy at the Vietnam Economic Forum 2025, Outlook 2026. Companies said greener production can also deliver economic benefits. Speakers also said state …
Norwegian embassy urges stricter EPR enforcement in Vietnam Read More
Novo Nordisk said China’s Supreme People’s Court has upheld the validity of its semaglutide compound patent, according to a company statement issued on Saturday. China’s Supreme People’s Court thereby confirmed …
Novo Nordisk says China court upholds its semaglutide patent Read More
Chinese shipping group COSCO SHIPPING Specialised Carriers has added Thailand to its European export network for Chinese car brands, linking manufacturing in Southeast Asia directly with markets in Europe and …
First export from Changan’s factory in Thailand to Norway Read More
Singapore-based battery developer Flint has started pilot production of its paper-based battery technology, moving from laboratory development to manufactured cells suitable for customer testing and pilot installations. The company said …
Singapore company starts production of batteries – made of paper Read More
Almost all new cars sold in Norway last year were fully electric, confirming the Nordic country’s position as the world’s most advanced electric vehicle market, according to Reuters. Official data …
Norway cements EV leadership as electric cars reach 96% of new sales in 2025 Read More
Swedfund has invested in Vietnam’s EVF General Finance JSC through a loan of up to 20$ million. The funding is intended to expand access to capital for micro, small and …
Swedfund invests 20$ million loan in Vietnam’s EVF to expand MSME finance Read More
Philippine rum producer Tanduay has signed a distribution partnership with Denmark-based Bastard Spirits. The companies said the deal supports Tanduay’s push deeper into Europe. Tanduay Brands International Inc. said Denmark …
Filipino rum debuts in Denmark Read More
Danish offshore wind installation firm Cadeler has launched its new Wind Ace vessel at COSCO Qidong in China. With the launch completed, Wind Ace will now enter final construction and …
Cadeler launches new Wind Ace offshore wind installation vessel in China Read More
Vietnam Airlines launched its new direct route between Copenhagen and Ho Chi Minh City on Monday 16 December, marking the first-ever nonstop connection between Denmark and Vietnam’s largest city. The …
First direct flight from Copenhagen to Ho Chi Minh City takes off Read More
SwedCham Indonesia announced the election of a new Board of Directors at its Annual General Meeting on 12 December 2025. The chamber said the new board will focus on advocacy, …
SwedCham Indonesia elects new board at annual meeting Read More
Sweden’s electric car maker Polestar has entered into a loan agreement of up to $600 million with its majority owner, China’s Geely Holding, as the company seeks to ease pressure …
Polestar secures $600 million loan from Chinese majority owner Read More
Hong Kong and Norway have signed a comprehensive agreement to avoid double taxation, aimed at strengthening cross-border business and investment between the two jurisdictions. The agreement was signed on Tuesday …
Hong Kong and Norway sign double taxation agreement Read More
He started the career as an employee of Denmark’s largest company Maersk (A.P. Møller – Mærsk) and was sent to China; followed by working for the Danish energy efficiency expert …
A new lease of life: the third corporate adventure in Asia begins for Allan Jensen Read More
Malaysia’s rapidly expanding semiconductor industry could lead to a sharp rise in electricity-related emissions unless manufacturers improve how energy and water are used, experts warned at a sustainability summit held …
Malaysia’s chip boom raises energy concerns Read More
Bangladesh Private Cable System (BPCS) Consortium has signed an agreement with Nokia to supply Submarine Line Terminal Equipment (SLTE) for a new private submarine cable project. The signing took place …
Nokia helps Bangladesh submarine cable plan on Singapore–Cox’s Bazar route 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
Finland’s Kuva Space has partnered with WWF-Indonesia to monitor and quantify Indonesia’s blue carbon assets using satellite-based climate data. The collaboration, announced on Thursday 11 December 2025, aims to support …
Finnish Kuva Space partners with WWF-Indonesia on blue carbon monitoring Read More
Sweden is stepping up its support for sustainable industrial development in the Philippines, focusing on energy-efficient technologies that can help local companies reduce costs and improve competitiveness. The Embassy of …
Sweden strengthens sustainable industry collaboration with the Philippines Read More
Indonesia’s Halal Product Assurance Organizing Agency (BPJPH) and the Roayl Embassy of Denmark say they are strengthening cooperation to improve standards and education around halal logistics and halal packaging materials. …
Danish Halal and logistics for Indonesia Read More
Southeast Asia has entered 2025 with one of the world’s strongest regional growth outlooks, with forecasts hovering around 4.5 percent, well above the global average. Combined with stable macro fundamentals, …
Why Investors See Southeast Asia as a Growth Engine Read More
Swedish manufacturer Scania has delivered Malaysia’s first Smart and Safe coach to Gopi Travel Tours Sdn Bhd, expanding the company’s connected-vehicle offering in Southeast Asia. Datuk Gopinathan, Managing Director of …
Scania introduces Smart and Safe coach in Malaysia Read More
Norway-based Corvus Energy has signed a memorandum of understanding with Chinese BYD Energy Storage to develop battery solutions for ships. The companies said the partnership is aimed at speeding up …
Norway’s Corvus Energy teams up with BYD to push marine battery systems Read More
Hong Kong’s Centre for Food Safety has suspended imports of poultry meat, products and eggs from Mariagerfjord Municipality in Denmark, the department states in a press release. The move follows …
Hong Kong suspends poultry imports from Danish municipality after H5N1 outbreak Read More Singapore-headquartered data centre developer DayOne has secured a mezzanine financing facility of 500 million€, expandable to 1 billion€. The funding comes from global investment firm Brookfield and a sovereign investor, …
Singapore data centre firm DayOne secures up to 1 billion€ for Finland hub and Asia expansion Read More
The Embassy of Sweden in Thailand joined the SweCham Members Dinner & Awards Night 2025 in Bangkok last week. The event, organised by the Thai-Swedish Chamber of Commerce, gathered Swedish …
Swedish embassy joins SweCham Members Dinner & Awards Night 2025 in Bangkok Read More
Sweden is calling for deeper cooperation with Taiwan on clean energy and sustainability to reach shared net-zero targets. Speaking in Taipei on 4 December, Sweden’s top envoy in Taiwan, Helena …
Sweden pushes clean energy cooperation with Taiwan to support net-zero goals Read More
Thailand has become one of the fastest-growing Asian markets for Norwegian salmon and trout in 2025. The country now takes higher combined volumes than Japan and South Korea and is …
Thailand overtakes Japan and South Korea as key Asian market for Norwegian salmon Read More
Meneta, a Danish automotive supplier, is expanding its brake testing capacity in Shanghai and Odense, according to The Brake Report. The investment increases global dynamometer capacity and supports more consistent …
Danish brake supplier Meneta expands test facilities in China and Denmark Read More
Norwegian architecture firm Snøhetta has completed the Cloud 11 Elevated Creative Park in Bangkok with A49 Architects. The 250000 square metre mixed-use complex is developed by MQDC in the South …
Norwegian firm Snøhetta completes Cloud 11 creative park in Bangkok Read More
Norway, Sweden, France, Germany and the UK are helping push Thailand’s tourism to record levels in 2025. New long-haul routes from cities like Oslo, Stockholm and Paris are bringing more …
Norway and Sweden help drive record tourism boom to Thailand in 2025 Read More
Norwegian electrolyser producer HydrogenPro has agreed to buy the remaining 25% stake in its 500-MW production facility in Tianjin, China. The shares will be acquired from local partner Tianjin Miaoqing …
Norwegian hydrogen firm takes full control of 500-MW electrolyser plant in China Read More
Finnish fund PYN Elite has raised its VN-Index target to 3,200 points. The benchmark closed at 1,690.99 points on Friday. PYN Elite is one of the largest foreign funds in …
From Helsinki to Ho Chi Minh: Finnish fund sees VN-Index climbing to 3,200 Read More
Living with post-traumatic stress disorder (PTSD) or complex post-traumatic stress disorder (CPTSD) can feel like carrying an invisible weight that colours every aspect of life. The hypervigilance, intrusive memories, emotional …
Top 5 Trauma Healing Retreats for PTSD and CPTSD in Asia in 2025 Read More
Sweden has reaffirmed its support for green mining in the Philippines at a major industry conference. Team Sweden launched new initiatives during the 71st Annual National Mine Safety and Environment …
Sweden backs Philippines’ green mining push with smart technology and training Read More