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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Pear & Carrot – SverigeShoppen, together with The Consulate General of Sweden in Hong Kong exhibiting at the Restaurant & Bar Hong Kong show 8 – 10 September. Supporting this …
‘Try Swedish’ exhibition on Hong Kong trade show Read More
In a secret offer to the Swedish Parliamentary Standing Committee on Transport, a Chinese company has really caught the attention of Swedish politicians. Leaked to Sweden’s national TV broadcaster, SVT, …
China Railway Construction bids on Swedish high-speed railway Read More
When the Chinese airline Beijing Capital Airlines landed 3 September 2015 at Copenhagen Airport it was the first time that a Chinese airline has flown directly between Denmark and China. …
First time a Chinese airline flies directly to Copenhagen Read More
Finland-based Cleantech Invest have attracted new strategic investors from China, Silicon Valley and Sweden. Cleantech Invest itself invests in the most promising early-stage and growth cleantech companies in Finland, Sweden …
Cleantech Invest (FIN) attracts new strategic investors from China and Sweden Read More
Sweden’s Minister for Enterprise and Innovation Mikael Damberg is visiting China on 9-11 September 2015 Minister Damberg’s trip will have a strong focus on CSR (Corporate Social Responsibility), while he …
Sweden’s enterprise, innovation minister heads to China, Hong Kong Read More
As related in the story Norwegian start-ups attend Tech Incubator Programme in Singapore Innovation Norway (IN) has partnered up with with Joyful Frog Digital Incubator(jfdi.asia), ‘Asia’s #1 Startup Accelerator’. Hugh …
Innovation Norway’s Singapore partner JDFI explains TINC Asia Read MoreNokia and China Huaxin Post & Telecommunication Economy Development Center (‘China Huaxin’) on 28 August 2015 signed a memorandum of understanding (MoU) confirming their intention to combine Nokia’s telecommunications infrastructure …
MoU for new JV to combine Nokia China and Alcatel-Lucent Shanghai Bell Read More
Globally declining milk prices impacted Arla Foods and the entire dairy industry in the first half of 2015, creating a tough situation for Arla’s farmer-owners. Arla has managed to navigate …
Tough 2015 for Arla: China turns stagnant, dairy prices continue to drop Read More
H&M have announced that they are positive to the uniform minimum wage that has been set by the Government in Myanmar. “A uniform minimum wage across all industries is essential …
H&M welcomes uniform minimum wage in Myanmar Read More
H&M’s unique fair living wage strategy, launched in 2013, is showing progress on many fronts, H&M has reported in an update for the first half of 2015, describing their goals …
H&M’s steps towards fair living wages Read More
In an announcement Volvo Cars says it has in August 2015 taken control of its three joint venture operations in China for SEK2.2bn in order to more accurately reflect its …
Volvo Cars acquires control of its China joint ventures Read More
Vietnam is seeing more Danish investments in Ho Chi Minh City as CT-Technologies–a specialist on designing and supplying materials and equipment for insulation of Cold Stores and Food Processing Plants–has …
CT-Technologies (Denmark) opens Vietnam office Read More
Vietnam Airlines’ purchasing of new Boeing Dreamliner aircraft, with the first one of those delivered in the end of July 2015, has co-financing from the Swedish Export Credit Corporation (SEK). …
Swedish export loan funding for Vietnam Airlines Read MoreThe Norwegian government agency Innovation Norway has for the second time arranged TINC Asia, a Tech Incubator programme in Singapore in which six selected Norwegian start-ups participated (during 17 August …
Norwegian start-ups attend Tech Incubator Programme in Singapore Read More
Finnair has announced the opening four new routes, connecting Asia to Edinburgh, Billund, Pula and Svalbard for summer 2016. Finnair will also increase the number of flights to the popular …
Finnair strengthens Asia connections to Europe Read More
On 19 August, 2015 the global pharmaceutical company Lundbeck from Denmark, specialized in brain diseases, announced the initiation of a restructuring programme which will reduce the total cost base by approximately …
Danish pharmaceutical Lundbeck initiates major restructuring Read More
In September the Danish Business Association Singapore (DABS) hosts for its members a crash course named ‘Communicate with Impact’, which is a great opportunity for individuals and company leaders to …
DABS hosts soft skills development courses: ‘Communicate with Impact’ Read More
The Danish University College Nordjylland (UCN) has been given permission by the Danish Ministry of Education and Science to establish a technical bachelor degree in Vietnam in cooperation with University of Architecture …
Danish university opens new education programme in Vietnam Read More
Sweden has a vivid history of innovation since the 17th century and has been continuously ranked among the top countries renowned for Innovation in the world. On 25 August, 2015 …
Tetra Pak equips second phase of Vietnamese soymilk production Read More
Thailand based wind developer & investor, Inter Far East Wind International Company Limited (IWIND), has hired K2 Management (Denmark) to perform a technical due diligence of an existing wind farm based …
Danish wind energy consultant hired by Thai company IWIND Read More
Barakah Offshore Petroleum Berhad’s wholly-owned subsidiary, PBJV Group Sdn Bhd (PBJV), has in early August 2015 signed a Memorandum of Collaboration (MOC) with a Norwegian subsea service provider, Ocean Installer …
Barakah Offshore Petroleum signs MOU with Norwegian subsea provider Read More
Norway’s ambassador to Singapore, Ambassador Tormod C. Endresen, has been selected as the winner of the Confederation of Norwegian Enterprise’s (Næringslivets Hovedorganisasjon) NHO Ambassador Award. NHO is the main representative …
Confederation of Norwegian Enterprise awards Norway’s Singapore ambassador Read More
Egmont Publishing, a leading media corporation in Scandinavia, will now outsource their Danish layout department to Vietnam. From January 2016 11 Danish magazines and four weekly newspapers from Egmont Publishing …
Danish media giant outsources to Vietnam Read More
Carlsberg Group has reported on its worldwide H1 performance for 2015. Weak results in Western Europe and market decline in Eastern Europe partly offset by strong Asian results. CEO Cees …
Carlsberg H1 2015 report: strong Asia growth, incl. Tuborg brand Read More
EWOS, the Norwegian, leading supplier of feed and nutrition for the international aquaculture industry has been acquired by Cargill for 1.35 billion euros. With nearly 150 years of experience Cargill …
Norwegian aquaculture company EWOS sold for 1.35 billion euros Read More
Global Risk Management, the customised hedging solutions management provider with headquarters in Middelfart, Denmark has announced a new employee as well as a staff transfer. Michael Korsager Nielsen has been …
Global Risk Management expands trading team Read More
Fredrik Lager, General Manager of SEB Private Banking in Asia, wants Scandinavian residents in Asia to be aware of a new EU regulation, which took effect on 17 August 2015. …
SEB reveals a bombshell concerning inheritance Read More
SEB Private Banking in Asia is on a fast track of growth. Last year was the best year ever but even so, the first six months of 2015 have already …
SEB’s “Asia Growth Case” Read More
There is greater opportunity for collaboration and partnerships between Norway and the Philippines. There are new areas that are waiting to be discovered and tapped into’, said Deputy Head of …
Philippine MSMEs in EFTA Markets event Read More
Her Majesty Queen Margrethe II of the Kingdom of Denmark and His Royal Highness the Prince Consort will travel on a State Visit to Indonesia in October. Amid the comprehensive …
65 years of Indo-Danish diplomatic ties, State Visit brings opportunity for increased cooperation Read More
The World Medical Center (WMC) in Bangkok is the first hospital in Southeast Asia and Pacific region to attain an international standard in both quality of the services and risk …
World Medical Center achieves Norwegian DNV GL’s hospital certification Read More
Dancham held a fun Speed Networking event at Danish Loft Design Co. in Sukhumvit Soi 31 on 20 August 2015. The event was attended by about fifty participants who not …
Danish network at Danish Loft Design Read More
The popular Danish chain, Joe & The Juice, is set to enter the Asian market, by opening two new cafes in Singapore in November. The chain has been introduced to …
Danish juice and coffee chain is coming to Singapore Read More
Volvo Cars posted a 4.6 per cent increase in retail sales for the month of July 2015, selling 38,128 cars globally. Key drivers of growth were Europe as well as …
Volvo Cars reports summer sales growth and over 52,000 XC90 orders! Read More
Danfoss had invited Danish Ambassador Mikael Hemniti Winther to perform the opening of a big stand at RHVAC – an exhibition for refrigeration, heating, ventilation and air conditioning held in the BITEC …
Big Danfoss presence at Bangkok exhibition Read More
Novo Nordisk increased operating profit in Danish kroner by 57% in the first six months of 2015 to DKK 26.3 billion. Sales in Region China increased by 25% (3% in …
Novo Nordisk increases sales in China region Read More
The Danish government, together with the governments of Vietnam and the Netherlands and several development agencies and companies, has formed the “Race to the Top” partnership to support and promote …
Vietnamese apparel sector: ‘Race to the Top’ for sustainable growth Read More
On 1 August 2015 the official opening of Radiometer Medical’s new office in Petaling Jaya took place. The Danish Ambassador, Nicolai Ruge, was present to officiate the festive opening together …
Radiometer Medical (Denmark) goes direct in Malaysia Read More
Jan Top Christensen, Ambassador of Denmark to the Philippines, has shared insights with the Danish Export Association on the Southeast-Asian country’s shipbuilding sector: The Philippines was ranked as the world’s …
Danish ambassador, the Philippines: ”A future force in maritime sector” Read More
Hibiscus Petroleum Berhad (Hibiscus Petroleum) has announced that its jointly-controlled entity, Lime Petroleum Norway AS (Lime Norway) will be participating in the drilling of the Haribo prospect in PL616, located …
Hibiscus Petroleum, Malaysia and Lime Petroleum Norway North Sea drilling Read More
On 31 May 2012 the EU council authorized its Commission to to start negotiations with Vietnam on a free trade agreement, which began on 26 June the same year, while …
Swedish Trade Commissioner announces EU – Vietnam FTA Read More
His Royal Highness Crown Prince Frederik visited Malaysia from 30 July to 3 August 2015, where he attend the International Olympic Committee session, opened the new regional office of Arla …
Sum up of Denmark’s Crown Prince Frederik’s visit to Malaysia Read More
During his end of July until early August 2015 visit to Malaysia H.R. H. Crown Prince Frederik presented the Danish Export Association’s Diploma and HRH Prince Henrik’s Medal of Honour to …
HRH Crown Prince Frederik presents Medal of Honour, Danish export diploma to Carlsberg Malaysia Read More
The 2015 edition of the ‘Doing business in Malaysia‘ Summer Course by Business Academy Aarhus, held at the University of Kuala Lumpur, is being held on 26 July to 7 …
Danish ambassador visits summer business course in Kuala Lumpur Read More
In 2015 a new auspicious occasion has arrived for Queen Margrethe II of the Kingdom of Denmark to head east. Following on 2014’s state visit to China Her Majesty the …
Denmark’s State Visit to Indonesia Oct 2015, with business delegation announced Read More
On 30 July 2015 the Royal Danish Embassy in Beijing hosted the signing of an agreement between CAISSA Touristic and Scandinavian Tourist Board. The agreement is concerns the first direct …
Tourist agreement for first direct flights to Copenhagen from China Read More
On 30 June 2015 a workshop on investments for increased energy savings in China was organized in Shanghai, where Swedish companies shared practices on energy saving. Investing in energy efficiency …
Swedish energy-saving workshop held in Shanghai Read More
SAS and Finnair are getting some competition on the China routes, as direct charter flights from China to Copenhagen have been announced Beijing Capital Airlines, while a forthcoming route to …
Chinese airlines plan for new routes to Copenhagen and Helsinki Read More
As the Chinese slowdown is gaining strength in 2015 many Western companies are forced to take a hard look at their businesses there, leading many to reduce investments, costs and …
Swedish corporations comment on cost-management in China Read More
The year continues strongly for ASSA ABLOY, as it reported a sales increase by 22% in the second quarter of 2015. In Asia Pacific growth was however negative as result …
Weak China demand causes negative growth in Asia for Assa Abloy Read More