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.
IKEA can not use its own trademark in Indonesia. Instead, Surabaya-based furniture company Ratania Khatulistiwa with the acronym Intan Khatulistiwa Esa Abadi has the rights to use Ikea as their …
IKEA loses brand name battle in Indonesia Read More
Maersk Line moves their Asia headquarter in Singapore to Hong Kong. The relocation of their HQ in Asia happens after Maersk Line decided to merge its two largest Asian regions …
Maersk Line moves Asia HQ from Singapore to Hong Kong Read More
The fifth round of free trade negotiations between the Philippines and the members of EFTA – Norway, Iceland, Liechtenstein and Switzerland – started on 1 February in Manila, reports the …
Efta continues free trade talks with the Philippines Read More
The Nordic Business Council of the Philippines held its Annual General Membership (AGM) meeting on January 29, 2016 at the New World Hotel, Makati. Upon election of the presiding chairman …
Nordic Business Council Philippines AGM 2016 Read More
Grieg Star, a fully integrated shipping company from Norway, has moved their companies Grieg Philippines and Grieg Star in Manila have moved to a new office. On 27 January 2016 …
New Grieg Star office inaugurated in Manila Read More
The name Ecolean can imply an inclination towards being eco-friendly [writer’s interpretation], and it turns out the be true that this Swedish company’s products are indeed friendly to nature, mainly …
Innovative package solutions provider takes on Southeast Asia Read More
Every Scandinavians childhood memory is coming to China. The popular Danish-owned ice cream-truck company, Hjem-is, has agreed to a begin an icy business adventure in China. In cooperation with the …
Popular Nordic Ice Cream-Trucks are coming to China Read More
The farm-to-table movement is taking on a new face in Singapore, as land for farming is fast disappearing. Enter innovative and green solution solutions, that could address the national urban …
Singapore’s ‘Garden city’ gets a new meaning – going vertical Read More
The Embassy of Sweden Section Office in Yangon, in January, had an excellent opportunity to talk in Singapore about the opportunities for Swedish businesses in Myanmar. The seminar attracted a …
Myanmar business promoted to Swedes in Singapore Read More
Sweden-based Arcoma, a leading provider of integrated digital X-ray systems, has together with its distributor and Canon won a breakthrough order to Singapore. One of Singapore’s most reputable academic hospitals, …
Breakthrough order to Singapore for Swedish X-ray systems Read More
Department of International Trade Promotion, Ministry of Commerce organized Seminar on ‘Exporting organic products to Sweden and Nordic markets’ with the cooperation from Sweden National Board of Trade (Kommerskollegium) on …
Thailand-Sweden Seminar on organic products export to Nordic market Read More
Norwegian Business Association (Singapore) has announced that the Norway-Asia Business Summit 2016 Team are happy to confirm that Norway’s Prime Minister Erna Solberg will attend this year’s Summit taking place …
Norway’s Prime Minister confirmed for Singapore summit Read More
The first Norway Maritime Conference takes place in Cebu on 28-29 January 2016, where around 200 industry leaders from Norway, the Philippines and various parts of Asia will gather to …
Cebu all set for Norway Maritime Conference Read More
On 7 January 2016 Pandora hosted the Capital Markets Day in Thailand for analysts, institutional investors and media. The purpose of the event was to give an update on Pandora’s …
Pandora to expand concepts stores, Thailand production capacity Read More
In 2013 Carlsberg Group announced that it had signed a strategic partnership agreement with a local privately-owned leading beverage company, Myanmar Golden Star (MGS) Breweries, to brew and market Carlsberg …
Carlsberg Establishes Greenfield Brewery in Myanmar with ALECTIA Read More
On 7 January 2016 the inaugural flight to Beijing for Finnair’s brand new Airbus A350 XWB aircraft took place, following on last year’s successful introduction into the Nordic airline’s long-haul …
Finnair’s Airbus A350X on routes to Shanghai and Beijing Read More
Finavia Corporation and Capital Airports Holding Company (CAH), the largest airport operator in China, signed a Memorandum of Understanding on the ‘Establishment of a sister airport relationship (MOU)’ in Beijing …
Finavia enters sister airport relationship with China’s largest airport operator Read More
The leading Nordic food company HKScan opened an office in Hong Kong on 13 January 2016, expanding its footprint in Asia. At the same time it launched Flodins meat brand …
Nordic meat expert HKScan Hong Kong opening, Omega-3 pork launch Read More
Together with this cluster the Norwegian Consulate co-hosted a networking lunch and seminar for the Norwegian fashion designers to connect with the Shanghai fashion industry. Around 30 participants gathered in …
The Norwegian Fashion Hub visited Shanghai Read More
In early December 2015 Volvo Car Malaysia unveiled the all-new Volvo XC90 T8 Twin Engine. The arrival of the all-new XC90 in Malaysia marks a new chapter in Volvo’s transformation …
All-new XC90 Suv from Volvo launched in Malaysia Read More
On Thursday January 14th 2016 it was time for the Danish-Thai Chamber of Commerce (DTCC) to see the return of an old friend – its yearbook ‘Denmark in Thailand – …
Danish-Thai Chamber of Commerce re-launches yearbook Read More
E-navigation specialist NAVTOR is continuing to build its business footprint beyond Europe, with the news that the Norwegian firm is expanding its new Singapore office. The base, which only opened …
Navtor expanding its new Singapore office Read More
To increase the retention of women following childbirth or adoption, the Maersk Group is from 4 April 2016 implementing a new maternity policy that improves benefits during and after maternity …
Maersk Group introduces improved maternity benefits worldwide Read More
The first xEdu accelerator program will start on February 15th this year. xEdu is an accelerator company in the Finnish education business sector and was established for the need …
First xEdu accelerator program is set to start this year Read More
China is the future market for Swedish food, especially Swedish pork. The Swedish quality and food security, combined with the importance of pork in the Chinese food culture, provide great, …
China future market for Swedish meat Read More
Lundin Petroleum AB (Lundin Petroleum) announced in early January 2016 the start of its next drilling in Malaysia. Its wholly owned subsidiary Lundin Malaysia BV (Lundin Malaysia) has commenced drilling …
Lundin Petroleum commences Bambazon exploration well, offshore Malaysia Read More
KONE Malaysia has appointed Edward Loy, Managing Director of Malaysia as of 4 January 2016. Edward Loy will succeed Lim Chong Hoe, who is retiring after 8 years of service …
Kone Malaysia appoints new managing director Read More
Volvo cars sold, for the first time in its 89-year history, over half a million cars (totally 503,127 pieces). Record results underline the strength of Volvo Cars’ on-going operational and …
Over 500,000 Volvo cars sold in 2015 Read More
Forbes’ annual ranking of the finest countries for business in 2015 is dominated by Europe, and escpecially Scandinavia. European countries represent two-thirds of the top 25 with Denmark taking first …
Denmark and Singapore in Forbes top ten Best Countries For Business Read More
Deliveries from Nokia Networks to China Mobile, under the agreement commenced in Q1 2015, will continue in 2016. The comprehensive framework agreement for mobile communications equipment and services valued at …
Nokia Networks, China Mobile agreement continues in 2016 Read More
Indosat Ooredoo (Indosat), one of Indonesia’s largest telecommunication networks and services providers, has selected Nokia Networks to power its LTE-Advanced network. As part of the contract (announced in Decembr 2015), …
Nokia Networks powers Indosat Ooredoo with LTE base stations Read More
Sino Agro Food, Inc. announced on 4 January the approval for admission to trading of its common shares on the Oslo Bors’ Merkur Market. Trading is expected to commence on …
Sino Agro Food approved for Trading on Oslo stock exchange Read More
On 9 December 2015 Sean Yokota, Head of Asia Strategy at SEB Singapore held an intriguing talk on top 8 surprises that have the potential to shake the Chinese and …
SEB Beijing seminar: 8 surprises that could shake the word Read More
In December 2015 the Swedish oil and gas company Lundin Petroleum announced it had commenced drilling of the Imbok-1 exploration well in Blocks SB307 and SB308, offshore East Malaysia. The …
Lundin Petroleum commenced well exploration off Malaysia Read More
The Swedish crowdfunding platform is ready for expansion in Asia based on a successful 2015 in Europe. In November 2015, FundedByMe was nominated to receive a 2016 FinTech Innovation Award …
FundedByMe to bring European crowdfunding success to Asia in 2016 Read More
KFI Kapital announced on 18 December 2015 that it has sold waste water treatment company Purac to SDIC & Beijing Drainage Investment Fund, a fund majority-owned by the Beijing Drainage …
Swedish waste water treatment firm sold to China Read More
The Swedish firm WSP, one of the world’s leading research and technology consultants, has through its WSP | Parsons Brinckerhoff in Asia won a prestigious Singapore assignment has in international …
WSP assesses Singapore’s subway Read More
KONE, one of the global leaders in the elevator and escalator industry celebrated, in December 2015, the opening of one of the world’s tallest elevator test towers. The new 36-floor …
Kone opens world’s tallest elevator test towers in China Read More
“We want to be even more close to our customers.” These words belongs to Kristian Svarrer, co-owner of Mermaid Maritime Vietnam JSC. His colleague and co-founder Jorgen Lundbaek agreed. …
Mermaid Maritime Vietnam opens new branch Read More Finland’s KONE, a global leader in the elevator and escalator industry, has been selected by Plaza Venture Pte Ltd (a subsidiary of GSH Corporation Limited and the owner of GSH …
GSH Plaza in Singapore modernization order to Kone Read More
On 17 December 2015 National Electric Vehicle Sweden (Nevs) and the Chinese company Panda New Energy Co., Ltd. signed a strategic collaboration agreement, according which Nevs will provide Panda with …
New strategic partnership for Nevs in China: vehicle leasing Read More
On 7 December the Norwegian Seafood Council organised a Norwegian Seafood Master Class in collaboration with Penang Chefs Association. It was the biggest training the Norwegians have held so far …
Norwegian Seafood Master Class in Penang Read More
Sweden’s most famous eco-labelling is arriving to Asia – in the form of Cheese! Almnäs Mill is the first to export KRAV-labelled cheeses to Asia, as a company in Macau, …
First KRAV-labelled cheese to Southeast Asia Read More
On 26 November the European Association for Business and Commerce (EABC) in Thailand held their launch event of the inaugural edition of the Thailand Import Export Guide, which aims at …
EABC launches Thailand Export Import guide Read More
Believing strongly in their concept, Swedish packaging and labeling producer Boxon continues its China expansion as the demand from European global companies with manufacturing there is widespread and persistent. Their …
Swedish packaging and labeling Boxon expands in China Read More
On 28-29 January 2016 Norway Maritime Conference is being held in Cebu. Arranged by the Royal Norwegian Embassy in Manila, Norwegian Maritime Foundation of the Philippines and Philippines Norway Business …
Philippines Norway Maritime Conference in 2016 Read More
Together with the Swedish pharmaceutical company Novartis and Hospital Selayang north of Kuala Lumpur, Malaysia, a three-day screening programme to identify people with undiagnosed COPD (chronic obstructive pulmonary disease) was …
Swedish innovation Air Smart Spirometer tested in Malaysia Read More
At the 2015 edition of Defence & Security expo, held in November in Bangkok, Sweden’s defence and security company Saab exhibited its cutting-edge technology for the land, sea and air …
Saab Group’s Thailand partners and engagement so far Read More
‘Disaster relief solutions in Asia’ was in focus as Business Sweden and the Embassy of Sweden, Bangkok, arranged a private sector partnership workshop and matchmaking event on 1 December 2015. …
Swedish solutions within disaster relief in Thailand Read More
Danish DLG supplies farmers with feed from its own factories, seed grain, fertilizer, agricultural lime, crop protection, fuel and much more besides for daily operations. For nearly two years, DLG …
New pig feed factory by Danish DLG in Chi Read More