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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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
His Royal Highness Crown Prince Frederik from Denmark opens the new Arla office in Kuala Lumpur, Malaysia. It will be the main office for all of the company’s activities in …
The Danish Crown Prince opens Arla’s new business region in Asia – Arla Foods Read MoreSwedish businesses wanting to enter the export market regard current export support as confusing, given the various government agencies, companies and boards involved. Team Sweden, set up by the Swedish …
Umbrella ‘Team Sweden’ set up to streamline public export support Read More
The export value of Norwegian seafood recorded in the first half of 2015 was the best half-year ever, reported Norwegian Seafood Council. Norway exported seafood for NOK 34 billion, corresponding …
Seafood export record for Norway Read More
The Chinese joint ventures for National Electric Vehicle Sweden (Nevs) is under way, with the construction of a Production and R&D factory in the Tianjin Binhai Hi-tech zone. The project …
Nevs strategic setup started in China Read More
Norway’s telecom giant Telenor has release its first half year report for 2015, including Thailand and Myanmar reporting. “Telenor continued to deliver encouraging results for the second quarter. We reported …
Dtac on intense competition, 4G roadmap, the Internet of things Read More
The Norwegian Singapore-based company Vard Holdings Limited (VARD), one of the major global designers and shipbuilders of offshore and specialised vessels has announced its financial results for the second quarter …
Vard’s 1H 2015 results: focus on R&D, innovation amid slower market Read More
SKF, a leading global supplier of bearings, seals, mechatronics, lubrication systems, and services, published its half-year 2015 report on July 15, with Alrik Danielson, President and CEO commenting: “Demand in …
Swedish SKF reports weaker demand in China Read More
On July 7, 2015 Singapore’s MRT public transportation suffered a 3.5 hour massive breakdown. Train service on the North South East West Lines (NSEWL) was disrupted in the evening due …
Swede leads expert group investigating MRT Singapore disruption Read More
As a Swedish innovation for virtual fitting of clothes is being rolled on the market, now reaching customers also in Southeast Asia, online shopping of garments are seeing much improvement …
Swedish virtual fitting solution expands to Singapore and Southeast-Asia Read More
On 1 May 2015 Finnish-Swedish Mr Oskar Helling started his position as the new Executive Director of the Finnish Business Council in Shanghai (FBCS), succeeding Mr Timo Laurila. This gave …
Insights from Finnish Business Council’s new director in Shanghai Read MoreThe risk of having your car taken from your garage or another location where you might be keeping it temporarily or on the long term is a risk you will …
Top 3 Best Car Security Systems Read More
Microsoft Corp. has announced its plans to restructure the company’s phone hardware business, Nokia, to better focus and align resources. The future prospects for the Phone Hardware segment are below …
Microsoft changes Nokia strategy to focused phone portfolio Read More
The Finnish global leader in the elevator and escalator industry, KONE has won an order to supply 64 elevators and escalators to Hangzhou Ping An Financial Center, an office and …
KONE to equip Hangzhou’s Ping An Financial Center, China Read More
The Embassy of Finland in China highlights Finnish business cases: Chalara – forging international connections in Shijiazhuang. Shijiazhuang is the capital and largest city of the Hebei province, which surrounds …
Finnish-Chinese relations’ 65 years anniversary: Chalara’s collaboration with China Read More
Peter Bjork, Thai-Swedish Chamber of Commerce’s (TSCC) Executive Director, has resigned with immediate effect, to start a new position as Executive Director of European Association for Business and Commerce (EABC), …
Peter Bjork TSCC’s Executive Director resigns Read More
Swedish-owned Rosti Group, with manufacturing in among others China, Malaysia and Sweden has announced an agreement regarding the acquisition of 100% of the shares in the Dutch holding company Boog …
Swedish Rosti Group expands via acquisition Read More
Lars Kruse Thomsen and Steven Tynan are the two creators behind Danish Loft Design – a new furniture concept to Bangkok. In less than two months, the two Danes have …
Danish simplicity to Bangkok Read More
On May 22, 2015 the Swedish Chamber of Commerce in Hong Kong (SwedCham Hong Kong) held its Annual General Meeting and elected a new Board. The new SwedCham Board is …
New Board for SwedCham Hong Kong Read More
Precise Biometrics’ product for fingerprint recognition in mobile devices, Precise BioMatch™ Mobile, has through cooperation with Fingerprint Cards (FPC) been integrated in several new smartphones from Chinese manufacturers. Precise BioMatch …
Precise Biometrics’ BioMatch gets integrated in Chinese smartphones Read More
In its continued efforts to maximise its offering of total transport solutions to companies, Volvo Malaysia has recently introduced its latest web-based fleet management system; Dynafleet (in connection to the …
Web-based fleet management system on offer from Volvo Malaysia Read More
Gothenburg is launching the public transport of the future. Gothenburg’s first route for electric buses opened on 15 June. The buses are silent and emission-free and run on electricity from …
Volvo’s first electric bus on route in Gothenburg, Sweden Read More
HERE, a Nokia company and a leader in mapping, navigation and location services, has been selected by Finnish traffic agencies to lead a pilot project to enable vehicles to communicate …
HERE selected for Finnish vehicle hazard warning pilot project Read More
On July 3, 2015 Swedish innovation company Suncool AB and Hong Kong-listed company Zhong Fa Zhan Holdings Ltd. signed definitive agreements to invest in and establish a Chinese business for …
Suncool AB, Sweden and Hong Kong company to invest in China solar thermal market Read More
Volvo Trucks Malaysia has opened a refurbished and enhanced dealership in Prai reports Bernama. The opening is part of our RM75 million investment to upgrade our dealerships across Malaysia. The …
Volvo Malaysia opens new dealership in Prai Read More
In late April 2015 Mah Siew Keong, the Malaysian government official in charge of the Southeast Asian nation’s innovation efforts, visited KTH Royal Institute of Technology to witness first-hand the …
Malaysian innovation official visits KTH, Stockholm Read More
The next mega CentralPlaza mega mall for Bangkok has been announced by Central Pattana, including a new partnership with Swedish furniture and interior store giant IKEA. The opening of CentralPlaza …
CentralPlaza Westgate in Northern Bangkok aims to house IKEA store Read MoreThe Chinese-backed investment group that bought technology and assets from Sweden’s Saab in 2012 now says it plans to build a $400 million factory and R&D unit for electric cars …
Saab owner to build million dollar electric car factory in China Read More
On June 25, 2015 The Danish Embassy, Vietnam signed an agreement with three Vietnamese banks to support energy efficiency initiatives for small and medium sized enterprises (SMEs). “Denmark and Danish …
Denmark and Vietnamese banks sign energy efficiency support Read MoreIntralogistics automation specialist, Cimcorp, has secured the biggest order in its history from Chinese tire manufacturer, Qingdao Sentury Tire Co Ltd, for a turnkey material handling solution at its new …
Finnish Cimcorp secured historical order from China Read MoreDefence and security company Saab and the Indonesian defence university Unhan have recently signed a Letter of Intent (LOI) regarding academic collaboration in Innovation, R&D and knowledge exchange. During a …
Saab and Indonesian Defence University Unhan in Academic Collaboration Read More
Scania Siam Co., Ltd., co-operating with the government and the private sector, has arranged Scania Driver Competitions Thailand 2014/2015 and reached the championship round in June 2015. This competition opens up …
Scania truck and bus driving skill competitions Thailand 2014/2015 Read More
In June 2015 the Embassy of Finland in Hanoi awarded WSP Finland in recognition of the company’s creative and successful bridge design projects in different parts of Vietnam. The yearly …
WSP Finland awarded ‘Creative Company of the Year 2015’ in Vietnam Read More
Following the signing of an earlier MOU (memorandum of understanding) between Singapore’s Ministry of the Environment and Water Resources, and the Danish Ministry of Environment during the Singapore International Water …
Singapore signs another Danish MOU – with VCS Denmark Read MoreThe Danish wind turbine manufacturer Vestas has just signed an agreement with Myanmar. The agreement is suppose to ensure Myanmar with a stable energy supply and welcomes Vestas on a …
Myanmar welcomes Vestas Read More
One the major global designers and shipbuilders of offshore and specialized vessels used in the offshore oil and gas exploration and production and oil services industries has announced its latest …
New innovation project from forward hi-tech and solutions shipbuilder Vard Read MoreChinese investors confirm their interest in Norwegian ports near Russian border. Chinese companies are interested in the development of commercial shipping along the Northern Sea Route, as well as in …
Chinese companies to invest in Norwegian ports Read More
With the focus theme ‘Healthcare Solutions For An Ageing Society’ the recent Swedish Healthcare delegation to Thailand and Vietnam was spot on, as Business Sweden’s Ambassador-led delegation met with public …
Sweden helps to address Thailand’s future healthcare challenges as an ageing society Read More
Gauthiers’ has announced the acquisition of an equity share of Modex, a leading international manufacturer of DNV-certified offshore equipment from Norway. Modex operates in Norway, China, Indonesia, Malaysia and China, …
Gauthiers’ merges with Modex (Norway) to form world’s third-largest offshore container fleet Read More
On June 2nd 2015 the Royal Danish Consulate General in Guangzhou hosted a Danish Company Day in Hong Kong for the second time. Employees of the Danish Companies based in …
Danish Consulate Guangzhou hosted Hong Kong ‘Company Day’ Read More
Marking Swedish National Day on 6 June Swedish Ambassador Camilla Mellander, Embassy of Sweden in Hanoi highlights Swedish innovation and its development towards sustainability in this article. By Camilla Mellander On …
Ambassador to Vietnam: Swedish innovation leads way to renewable success Read More
The Swedish sports bar/restaurant franchise O’Learys is expanding in Asia. A second O’Learys Sportsbar & Grill has opened (May 2015) at Singapore Changi Airport. at Terminal 1, O’Learys has since …
O’Learys continues its expansion in Asia with second Changi Airport outlet Read More
Swedish baby formula and food product company Trident Nutrition has announced the opening its Hong Kong office, to serve as its regional headquarters and the base for its expansion in …
Swedish Trident Nutrition gears up for expansion with Hong Kong regional headquarters Read More
IMD, a highly ranked global business school based in Switzerland and Singapore, has releases its 2015 World Competitiveness Ranking with China Hong Kong taking second place, Singapore third and the …
Singapore and Scandinavia among top ten in World Competitiveness Ranking Read More
Norway is finally caving in to its critics, as the Norwegian Government Pension Fund Global (GPFG) is facing a likely ban on its coal investments by the country’s parliament. On …
Norwegian Parliament due to ban government’s coal investments Read MoreNorwegian carried about 2.4 million passengers in May 2015, an increase of 13 percent compared to the same month previous year. The load factor was 84.9 percent, up 7.9 percentage …
Norwegian reports solid traffic figures and high load factor in May Read More
Business Sweden has announced an energy delegation to Malaysia and Singapore on 8 – 10 September 2015, which will take place in conjunction with the International Greentech & Eco Products …
Swedish energy delegation to Malaysia and Singapore in September Read More
The Swedish electric vehicle producer Nevs (formerly Saab cars) has announced the establishing in Tianjin, neighbouring Beijing City and Hebei Province, in China of its second global factory with focus …
Nevs (Saab cars) sets up second factory and R&D in Tianjin, China Read More