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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After having worked very successfully together with a group of Danish design companies in Copenhagen for a number of years, the Chinese company Zhong Shang decided to form the joint …
Zhong Shang (China) enters into joint venture in Denmark Read More
SKF has signed a strategic partnership agreement with Chinese wind power gearbox manufacturer Chongqing Gearbox Co., Ltd., strengthening the relationship between the two companies. “We are welcoming the strategic partnership …
Swedish SKF enters partnership with Chongqing Gearbox in China Read MoreA business delegation from the South Ostrobothnia region of Finland is exploring cooperation opportunities in Ho Chi Minh City in agriculture and food hygiene and safety. The ongoing visit is …
Finnish firms seek opportunities in Ho Chi Minh City Read More
Huawei, a leading global information and communications technology (ICT) solutions provider from China has completed the mobile network modernization for the Danish telecom operator TDC. It was announced back in …
Chinese Telecom Huawei completes modernization for Danish TDC Read More
On 5 March 2015 a pilot strike within Norwegian Air Norway (NAN) is affecting 35 000 customers. The flights between Scandinavia and Thailand (just as between Scandinavia and USA) are …
Norwegian Air’s pilot strike not affecting Thailand route Read More
When Volvo Car Group (Volvo Cars) announced its financial results for the previous year 2014, it was clear that China is playing a key role. As the company’s largest market, …
Records sales for Volvo Cars, largest market China exceeds 80,000. Read More
In its reporting on the full year financial results Ewos, a leading supplier of feed and nutrition for the international aquaculture industry, reports that higher sales volumes combined with a …
Norwegian aquaculture producer Ewos increases in Vietnam Read MoreFor a quarter of a century Norwegian Training Center Manila (NTC) have been training the majority of the roughly 25.000 Filipino seafarers that work on Norwegian ships around the planet. …
25 years with Norwegian trained Filipino seafarers Read More
World-famous Danish toy brand enjoyed strong performance of all products lines for 2014, with a highly satisfactory annual result for the LEGO Group with sales increasing to 28.6 billion DKK. …
Double-digit China sales growth, continued Asia expansion for LEGO Read More
Come July 2015 a new CEO will have been appointed, taking from the current Swedish CEO for the Singapore Exhange (SGX.) Mr Magnus Böcker is not seeking extension of his …
Magnus Böcker to end tenure as CEO of SGX Singapore Read More
Aibel was awarded on February 24 the contract for engineering, procurement and construction for the deck of the drilling platform on the Johan Sverdrup field. The contract has an estimated …
Aibel to build drilling platform structures in Thailand, Norway Read More
As part of expansion in Asia and Europe, Thailand’s Central Group plans to spruce up the existing shop in Illum, Denmark, and open a new branch of its La Rinascente …
Thailand’s Central Group to spruce up Illum Read More
Danish investors are calling on the Thai government to honour its promise to complete a solid flood protection plan in Ayutthaya, among the worst-hit provinces in the 2011 floods, according …
Danish investors ask Thai govt to honour flood prevention promise Read More
Rovio is pushing “Angry Birds” in China. The Espoo, Finland-based developer is taking advantage of the country’s obsession with mobile gaming by tailoring its games to the Chinese market under …
‘Angry Birds’ passes half a billion downloads in China Read More
Volvo Cars presents a unique, complete system solution that makes it possible to integrate self-driving cars into real traffic – with ordinary people in the driver’s seat. The solution was …
Volvo self-driving cars ‘reacts faster than most humans’ Read MoreThe dairy concern Arla now invests big time in Asia and Africa in order to dispose the increased milk production to higher prices. While the low milk prices in Europe continues, Arla wants …
Arla Invests Big Time in Asia Read More
Danish lighting Manufacturer Louis Poulsen marked its official opening in Singapore at Sunlight Luminaire’s showroom on February 12. With their close collaboration with famous architects through many years, Louis Poulsen is …
Louis Poulsen opens showroom in Singapore Read More
Investors from five foreign countries including Norway and Sweden have started investing in Myanmar for the first time, according to the Directorate Investment and Company Administration (DICA). The DICA said …
Norway, Sweden among 5 countries invested for 1st time in Myanmar this year Read More
The high-profile boss of low-fare carrier Norwegian Air is frustrated over Russian authorities’ refusal to let his airline’s Oslo-Bangkok flights fly over Russian airspace. Bjørn Kjos is calling on Norwegian …
Norwegian Air CEO asks Oslo to close airspace to Russian airliners Read More
Telenor Group has announced the appointment of new Chief Executive Officers (CEO) in dtac in Thailand and Digi in Malaysia, effective April 1, 2015. Lars-Åke Norling, currently the CEO of …
Telenor appoints new CEOs in Thailand, Malaysia Read More
When Ambassador Bengt G. Carlsson arrived to Malaysia for his first head of mission posting, he had a re-start as beginning: the re-opening of the embassy following on a Swedish …
Sweden’s Ambassador on Malaysia: “Underestimated, real potential!” Read MoreFinnish mobile messaging company Jongla has launched what it says is the lightest ever instant messaging app. Jongla Lite is a new 2.7MB version of the Jongla cross-platform instant messaging …
Finland’s Jongla mobile messaging app targets SE Asia Read More
Rovio Entertainment and Dreamkids Kindergarten team up to launch the first Angry Birds Playground in Southeast Asia. The playground will be opened in Singapore. Angry Birds Playground is an early …
Rovio launches Angry Birds Playground in Singapore Read More
Telenor Group attributed a Q4 fall in EBITDA margin to its launch in Myanmar and the sale of subsidised handsets in various markets, particularly Thailand, as organic revenue grew 5.3 …
Telenor profit hit by Myanmar launch, Thai handset subsidies Read MoreTwelve companies from Finland led by Nokia are scouting for business and trade opportunities in the Philippines. Executives of the 12 Finnish firms arrived in the country Monday as a …
Nokia, 11 Finnish firms explore Philippine opportunities Read MoreA Chinese concern has bought 22 percent stake of the small Danish company Scape Technologies. Furthermore, the two companies are establishing a company together in China. A small Danish firm in Odense, Denmark, has …
Danish Scape Technologies Corporates with China Read More
Systemair inaugurated their new factory in Sungai Buloh on February 6. Swedish Ambassador Bengt G Carlsson took part, cut the ribbon and chatted with Systemair VP for Production, Mr Mats …
Sweden’s Systemair opens new factory in Malaysia Read MoreAmbassador Anna Maj Hultgård participated in the inauguration and blessing ceremony of the new office of Swedish company MILVIK/BIMA. BIMA offers the only mobile-delivered life insurance product in the market, …
Swedish micro-insurance firm gains foothold in Cambodia Read MoreThe Awapatent Group opened new offices in Beijing and Hong Kong under the brand AWA Asia on February 9. This means that Awapatent now has 16 offices in total in …
Swedish IP consultancy enters China market Read More
Electrolux announced on February 5 it has entered into an agreement to acquire Shanghai Veetsan Commercial Machinery Co. Ltd.,, one of the largest manufacturers of professional dishwashers in China, as …
Electrolux to take over Chinese dishwasher manufacturer Read More
The Hong Kong Economic and Trade Office has kicked off its 2015 Chinese New Year celebrations in countries under its purview by holding events in Finland and Norway. The London …
HK trade office celebrates Chinese New Year in Oslo, Helsinki Read MoreThe multinational food packaging and processing company of Swedish origin has opened a new training centre in Rayong in Thailand, DairyReporter.com writes. It has cost around 40 millions to build. …
New Tetra Pak Training Centre in Thailand Read MoreSAS immediately stopped ticket sales to the new long distance route to Hong Kong. The airline does not have all the licenses. Only one week ago, SAS announced the opening …
SAS forced to stop sales to Hong Kong Read More
Large warm water prawns, often called tiger shrimp or tiger prawns, are one of the most popular frozen seafoods in Denmark. Some 5,000 tonnes of the tasty crustaceans were imported …
Danish supermarkets to drop unsustainable shrimps from Asia Read More
Nordea has the most valuable brand in Scandinavia, according to the annual Banking 500 report by Brand Finance. The Sweden-based bank has a brand value of about 44.1 billion kroner, …
Nordea has the best Nordic bank brand Read MoreJianshui Suntien Wind Power Energy Co., Ltd., a fully owned subsidiary of Hebei Construction & Investment Group Co., Ltd. has placed a 74 MW order for the Yunnan Jianshui Qikeshu …
Vestas receives a 74 MW order for low-wind site in China Read More
Grundfos has opened a new operation in Manila in the Philippines that will host internal IT activities for the group. The new IT centre, which is located in the Ortigas …
Grundfos opens IT centre in the Philippines Read More
Alfa Laval celebrated the opening of its new Compabloc factory in Jiangyin, China on January 18. The factory will produce welded plate heat exchangers for the Asian countries (China, Korea, …
Alfa Laval opens a new Compabloc factory in China Read More
Former German and Finnish joint-venture ETSI Technologies. popularly known as “ETSI”, the is now completely taken over by Filipino investors. For 33 years and still progressing, ETSI boasts one of …
Philippine investors take over Finnish-German telecom venture Read More
Metso will supply automation technology for PT Cikarang Listrindo’s two power boilers under construction in Babelan outside Jakarta in Indonesia. With advanced automation solutions, the company will be able to …
Metso supplies automation for Indonesian power plant Read More
The Danish biscuit producer Kelsen has launched a case against a competitor for copying its Danish butter cookies and selling them on the Chinese market. Indonesian consumer goods giant Mayora’s …
‘Fake’ Danish biscuits made in Indonesia sold in China Read More
After a Danish trade seminar and bilateral talks between the Danish and Philippine Trade ministers, the Danish Minister expressed confidence that Danish companies will gain a larger share of …
Trade Minister expects larger Danish market share in the Philippines Read More
Singapore’s Singtel and Sweden’s Ericsson on January 27 signed a Memorandum of Understanding (MoU) to collaborate on testing technologies for future 5G network deployments. The MoU covers the exploration of …
Ericsson, Singtel agree to test 5G in Singapore Read More
Greenwave Systems, the global Internet of Things (IoT) software and managed services leader, on January 27 announced it is opening a new Research & Development Center in Singapore to further …
Greenwave Systems sets up R&D center in Singapore Read MoreHavyard Group ASA has a strong brand name in Asia and has delivered design and equipment packages to shipping companies and shipyards in Singapore, India and China, in addition to …
Havyard shifts focus to Asia Read More
HW Trading Co., Ltd., Thailand’s exclusive distributor of Denmark’s iconic audiovisual electronic brand, Bang & Olufsen, unveiled its flagship store at Gaysorn Plaza at a grand opening in the evening …
Bang & Olufsen opens flagship store at Gaysorn Plaza Read More
By Gerard O’Dwyer, in Helsinki, 23-Jan-2015 Leading Danish meat processing companies, including Danish Crown, Hanegal and Skare Meat Packers, are attracting renewed acquisitive interest from industrial groups in China. Read …
Chinese investors cast eyes on Denmark meat sector Read MoreA group of businessmen from Denmark is exploring the Philippines for investment opportunities in the food, energy and healthcare sectors. Denmark’s Trade Minister Morgens Jensen led a business delegation from …
Danish firms eye Philippine investment opportunities Read MoreThe groundbreaking ceremony of a new naturist boutique resort, “BareFeet Naturist Resort”, was performed today at the site 30 minutes north of Bangkok city center. The resort will be the first in Bangkok offering a secure environment for tourists and locals enjoying a clothes free lifestyle. Barefeet Naturist Resort will be operated as a member resort of Naturist Association Thailand Co., Ltd.
First naturist resort in Bangkok Read MoreIn the context of its participation in a panel on Wasteless Supply at the World Economic Forum in Davos, Carlsberg announced on January 22 a ground-breaking agreement to develop the …
Carlsberg to develop biodegradable wood-fiber bottles Read More