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.
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Technology group Wärtsilä has signed a strategic training partnership with GigaMare Inc., making the Philippine company an official Wärtsilä training partner. Under the agreement, GigaMare will deliver crew training on …
Wärtsilä partners with GigaMare to boost crew training in the Philippines Read More
The Royal Norwegian Embassy in Bangkok and the Thai-Norwegian Chamber of Commerce hosted an exclusive welcome reception on Tuesday 16 September 2025 at the Norwegian Ambassador’s Residence, bringing together Norwegian …
Norwegian and Thai food supplement industries connect in Bangkok Read More
Danish allergy company ALK-Abelló has signed a strategic partnership with Chinese biopharmaceutical firm GenSci to develop and commercialise its house dust mite allergy immunotherapy (AIT) products in China. Under the …
ALK enters strategic partnership with GenSci in China Read More
LEGO Manufacturing Vietnam has signed a Direct Power Purchase Agreement (DPPA) with Vietnam–Singapore Industrial Park (VSIP) to supply renewable electricity to its newly opened factory in Ho Chi Minh City. …
LEGO Vietnam factory signs renewable energy deal Read More
Swedish-Swiss technology company ABB has been awarded a contract by South Korea’s Hanwha Ocean to supply a complete electric power and propulsion system for Singapore’s first floating liquefied natural gas …
ABB to equip Singapore’s first floating LNG terminal Read More
Gothenburg-based foodtech company SMAQO has raised new funding to scale production and launch its first consumer products, with backing from Singapore’s Good Startup (Good Protein Fund). The round also saw …
Swedish foodtech SMAQO secures Singapore backing for global expansion Read More
Singapore’s ComfortDelGro (CDG) and France’s RATP Dev have announced that their joint venture, KBH Metro Partner ApS, has been prequalified to participate in the next stage of the tender for …
Singapore–French consortium prequalified to bid for Copenhagen Metro operations Read More
Swedish outdoor brand Haglöfs has made a comeback to the Chinese market with the opening of its first brand store at Kerry Parkside in Pudong, Shanghai. The launch took place …
Swedish outdoor brand Haglöfs returns to China with new Shanghai store Read More
Flying Tiger Copenhagen has officially arrived in Thailand, opening its first store at EMSPHERE in Bangkok on Monday 15 September 2025. The Danish retail brand is known for its playful …
Flying Tiger Copenhagen opens first store in Thailand Read More
Syn-AKE is a synthetic peptide that has garnered considerable interest due to its unique biochemical properties and potential implications in various research domains. Modeled after a sequence found in the …
Syn-AKE Peptide: Molecular Properties and Expanding Research Implications Read More
The Swedish Club has entered into a strategic partnership with Ping An Property & Casualty Insurance Company, part of Ping An Group, to strengthen its presence in the Chinese market. …
Swedish Club signs strategic partnership with Ping An in China Read More
Swedish furniture retailer IKEA is lowering prices in Thailand and expanding into new business services after a year of sluggish sales. Leonie Hoskin, retail manager of IKEA Thailand and Vietnam, …
IKEA cuts prices and expands services in Thailand Read More
The 2025 China International Fair for Trade in Services (CIFTIS) concluded in Beijing on Sunday 14 September, marking one of the world’s largest service trade exhibitions with record participation and …
Norway highlights opportunities at CIFTIS 2025 in Beijing Read More
Danish business leaders have underlined their confidence in the outlook for China–Denmark economic cooperation during a high-level business roundtable in Copenhagen on Friday 12 September 2025. Kasper Elbjorn, senior vice …
Danish companies reaffirm long-term commitment to Chinese market Read More
From coming to Bangkok as backpacker and falling in love with the City of Angels, to now being the manager of world-renowned Khao San Road’s most internationally recognised nightclub, Tony …
Nightclub manager Tony Karlsson returns to where the Thailand adventure started, reaching new heights on Khao San Road Read More
Swedish telecom company Ericsson has inaugurated a new office in Hanoi, strengthening its 32-year presence in Vietnam and reaffirming its role in the country’s digital transformation. “The opening of our …
Ericsson opens new office in Hanoi to support Vietnam’s digital journey Read More
China’s Wison New Energies and Norwegian company H2Carrier have announced a collaboration to deliver a 500MW green ammonia FPSO for northern Norway. The floating production, storage and offloading unit will …
Wison New Energies and H2Carrier to develop green ammonia FPSO Read More
Norwegian dairy products Jarlsberg® and TINE Brunost™ were exhibited at the Food & Hospitality Thailand exhibition in QSNCC in Bangkok 20–23 August 2025. The products were on display at the …
A slice of Norway in Thailand Read More Tripeptide-1 is a small, bioactive peptide consisting of three amino acids, often studied for its possible role in modulating the extracellular matrix (ECM) and facilitating tissue regeneration processes. Within research …
Tripeptide 1 exploring its multifaceted roles and potential Read More
H&M has reopened its original flagship store in Shanghai with a new concept called House of H&M, marking the Swedish retailer’s comeback to one of China’s most important shopping streets. …
H&M reopens first China flagship with new concept Read More
The LEGO Group has announced the opening of a new Regional Distribution Centre (RDC) in southern Vietnam, further strengthening its presence in Asia-Pacific. The facility, located in Dong Nai province, …
LEGO opens new distribution centre in Vietnam Read More
Finland is looking to expand its business presence in the Johor-Singapore Special Economic Zone (JS-SEZ), according to Finnish Ambassador to Malaysia Anne Vasara. She said that Finland sees potential in …
Finland eyes business opportunities in Johor-Singapore zone Read More
Malaysia’s Yinson Production, a division of Yinson Holdings Bhd, has signed a cooperation agreement with Norway’s Carbon Circle AS to jointly develop Carbon Capture as a Service (CCaaS) for industrial …
Yinson partners with Norway’s Carbon Circle on CO₂ capture in Europe Read More
The Sweden Pavilion will showcase Nordic leadership in sustainability at ASEAN’s largest green exhibition, Sustainability Expo 2025 (SX 2025), held from 26 September to 5 October at the Queen Sirikit …
Sweden Pavilion highlights circular future at ASEAN’s Sustainability Expo 2025 Read More
IKEA China will invest 160 million yuan during its 2026 fiscal year as part of a renewed focus on growth in the Chinese market. The Swedish home-furnishing group says the …
IKEA to expand investment in China Read More
Indonesia and Denmark are deepening their cooperation on marine spatial planning (MSP) to support renewable energy development, with a particular focus on offshore wind. During a knowledge exchange programme in …
Indonesia and Denmark strengthen cooperation on offshore wind planning Read More
Siriraj Hospital and MIT Hacking Medicine have launched the second edition of their joint innovation hackathon, Siriraj × MIT Hacking Medicine 2025, set to take place in Bangkok from 31 …
Novo Nordisk among supporters of Bangkok health innovation hackathon Read More
Danish lifestyle retailer Flying Tiger Copenhagen has expanded its footprint in Malaysia with the opening of its first Kuala Lumpur outlet at The Gardens Mall. The store was officially launched …
Flying Tiger opens first Kuala Lumpur store Read More
The Embassy of Sweden in Bangkok hosted the signing of a Memorandum of Understanding (MoU) between Swedish telecommunications company Ericsson and Thailand’s Digital Economy Promotion Agency (depa). The agreement aims …
Sweden and Thailand sign MoU on digital cooperation Read More
Danish infrastructure fund A.P. Møller Capital has entered Vietnam’s logistics sector with an investment in ALS Cargo Terminal at Noi Bai International Airport in Hanoi. The deal is made through …
Danish A.P. Møller Capital invests in Vietnam’s air cargo sector Read More
Danish engineering company Danfoss A/S has inaugurated its largest production facility in China, located in Haiyan. The new “Haiyan Second Campus” spans 126,000 square meters, more than doubling the company’s …
Danfoss opens largest Chinese production facility in Haiyan Read More
Volvo Cars is restructuring its business in China and the wider Asia–Pacific region in an effort to adapt to slowing sales and growing competition from domestic manufacturers. The Swedish carmaker, …
Volvo reorganises in China amid sales decline 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
The Thai-Finnish Chamber of Commerce (TFCC) took part in a seminar on the prevention and suppression of corruption on 1 September 2025, organized by Thailand’s National Anti-Corruption Commission (NACC) in …
Thai-Finnish Chamber of Commerce joined anti-corruption seminar in Bangkok Read More
Lao Brewery Co., Ltd. (LBC), part of Denmark’s Carlsberg Group, has signed a new 15-year agreement with PepsiCo to continue and expand their cooperation in Laos. The partnership between the …
Carlsberg’s Lao Brewery extends PepsiCo partnership for 15 years Read More
Hong Kong’s The Caravel Group and Denmark’s Celsius Tankers have announced a joint venture to co-own and operate a new fleet of LNG bunkering vessels. The venture marks the first …
Celsius and Caravel launch LNG bunkering joint venture Read More
Finnish technology company Nokia has signed an agreement with Malaysian internet service provider Extreme Broadband (EBB) and its subsidiary Open DC to upgrade Open DC’s artificial intelligence (AI) data centers …
Nokia partners with Extreme Broadband on Malaysia data centers Read More
Finland has reached out to Vietnamese entrepreneurs during Finland Startup Week, held from 19 to 22 September, presenting the Nordic country as an attractive hub for global startup expansion. A …
Finland promotes startup cooperation with Vietnam during Finland Startup Week Read More
The Indonesian Quarantine Agency (Barantin) has launched a new pre-border quarantine system for imported fishery products to strengthen national food security and improve logistics efficiency. The policy requires fish and …
Indonesia introduces pre-border fish quarantine with Norway as top supplier Read More
Finnish elevator and escalator manufacturer Kone has announced it will establish its southern China headquarters in Shenzhen to strengthen its presence in the Greater Bay Area. The new base in …
Finnish lift maker Kone to open new headquarters in Shenzhen’s Greater Bay Area Read More
Norwegian energy data and intelligence company TGS has been awarded a large offshore streamer contract in Indonesia, covering an area of approximately 10,000 square kilometers. The survey is set to …
Norwegian company TGS awarded major seismic survey contract in Indonesia Read More
Sarawak Tribune has reported, that The Forest Department Sarawak (FDS) has signed a Memorandum of Agreement and a five-year Memorandum of Understanding with Finnish forestry technology company Arbonaut Ltd. The …
Sarawak Forest Department partners with Finland’s Arbonaut Read More
Danish toymaker LEGO has reported record half-year revenue of 34.6 billion kroner (US$4.8 billion) for the first half of 2025, surpassing competitors Mattel and Hasbro. Consumer sales rose by 13 …
LEGO strengthens focus on Asia with newly build Vietnam plant Read More
Carlsberg Vietnam has officially inaugurated the expansion of its Phu Bai Brewery in Hue, marking a major milestone for the Danish brewer’s operations in Southeast Asia. The ceremony on 26 …
Carlsberg Vietnam inaugurates expanded Phu Bai brewery in Hue Read More
Bangchak has announced that its subsidiary, OKEA ASA, has made a new oil discovery at the Talisker exploration well in the Brage field (PL 055) in Norway. The find is …
Bangchak announces new oil discovery in Norway Read More
The 25th edition of the World Gourmet Festival will bring some of the world’s leading culinary talent to Bangkok this September, including Danish chef Eric Kragh Vildgaard from the two-Michelin-starred …
Danish Michelin-starred chef to join World Gourmet Festival in Bangkok Read More
Norway has become the latest Nordic country to strengthen Europe’s green technology ambitions, as Morrow Batteries in Arendal begins producing lithium iron phosphate (LFP) batteries to reduce reliance on Chinese …
Norwegian electric vehicle batteries may push to rival China’s dominance Read More
The Thai-Swedish Chamber of Commerce (SweCham) has welcomed Swedish MiL Institute as a new member. MiL Institute specialises in leadership and organisational development based on Scandinavian values. Its methodology, Action …
MiL Institute joins SweCham Read More
Copenhagen Infrastructure Partners (CIP) has entered into a Joint Development Agreement with Vietnam National Oil and Gas Group (PVN) to develop one of the country’s first offshore wind projects. The …
Danish investor CIP signs offshore wind agreement in Vietnam Read More
In late June 2025, Thai-Denmark Dairy Farm in Muak Lek marked a new milestone in Thai-Danish agricultural cooperation: a new calf of the Danish Red Cow race had been born, …
The Red Cow is Danika Read More