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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Finnish Valmet Automotive and RLE International, both leading service providers to the global automotive industry, have established their partnership further by setting up a new joint venture, which will incorporate …
Valmet Automotive incorporates Chinese subsidiary in RLE Global Operations joint venture Read MoreSwedish CybAero, which develops and manufactures remotely piloted aircraft systems, has been granted a temporary export license by ISP (Inspectorate of Strategic Products) for demonstration flights in China. ISP is …
CybAero granted license for demonstration flights in China Read More
China has welcomed Denmark’s application to become a founding member of Asian Infrastructure Investment Bank (AIIB). CHINA yesterday welcomed decisions by Denmark and Australia to apply to join the Asian …
Denmark welcomed, Sweden interested in, and Norway intending to join China’s AIIB Read MoreAttended by the Swedish Prime Minister Stefan Lofven, in connecting to this official visit to China in March 2015, Volvo Car Group’s groundbreaking technology for putting self-driving cars in the …
Swedish PM Stefan Lofven at self-driving Volvo car demonstration in Beijing Read More
As a result of the visit to Indonesia on 18-19 March, 2015 by Krista Kiuru, the Minister of Education, Science and Communications of Finland, and her delegation, the two countries could …
Finland and Indonesia sign education cooperation agreement Read More
Invited by Saab AB Indonesian media visited a number of cities in Sweden to see what the Swedish defense giant could offer, especially in terms of modernizing the Indonesian Air …
Indonesian media visits Saab Sweden Read MoreNorwegian Statoil has been awarded new exploration acreage offshore Indonesia. The licence, through the Aru Trough I licence, covers an area of approximately 8,300 square kilometres, adjacent to Statoil’s existing …
Statoil awarded new licence offshore Indonesia Read More
Starting on March 23, 2015 China has halted imports of whole salmon from northern Norway. The banned imports concern whole salmon with heads or viscera from Norway’s northern counties of …
Norwegian Salmon virus: China imposes partial ban Read More
Denmark has announced its intention to join the Asian Infrastructure Investment Bank (AIIB) as a founding member, and will thus be the first Nordic country to do so. “It is a significant …
Denmark first Nordic country intending to join AIIB as founding member Read More
Swedish aerospace and defence company Saab Group emphasised recently that it has found a reliable Malaysian partner in DRB-HICOM, which utilises local content and capabilities for its Gripen aircraft and …
DRB-HICOM: Saab Group’s Malaysian partner Read More
Genting Hong Kong (previously Star Cruises) has sold a 2.7 per cent stake in Norwegian Cruise Line Holdings. The Leading leisure, entertainment and hospitality company receives $316.9 million by selling …
Genting sells stake in Norwegian Cruise Line Read More
The Danish investment fund IFU expects approval within shortly of a new revision of its mandate, which will allow IFU to expand its investments in Malaysia, offering new exciting possibilities …
Expanded IFU investment mandate for Danish companies in Malaysia Read More
The Swedish telecom group Ericsson announced on 16 March 2015 that it has signed a definitive agreement to acquire the Chinese telecom business of Sunrise Technology, a provider of IT …
Ericsson acquires telecom IT business in China, sheds jobs in Sweden Read More
During the first week of March 2015 Sweden’s Ambassadors to Southeast Asia went on a road show together with Business Sweden to make their cause for increased Swedish trade and …
Ambassadors on road show to Sweden Read More Defence and security company Saab has announced that it will take a number of initiatives in order to strengthen the Sweden Malaysia Innovation Initiative (SMII). SMII is an effort to …
Saab Strengthens the Swedish Malaysian Innovation Initiative Read More
Rikke Jarvad Netterstrøm, MD at Helikonia Advisory in Malaysia, knows a great deal about corporate social responsibility issues and is a very experienced person to turn to for expertise within …
CSR: Going beyond nice and fluffy greenwashing Read More
Sales of tickets for SAS’ new direct flight route between Stockholm and Hong Kong are open (since 29 January.) SAS will depart five times a week from Stockholm with good …
Tickets on sale for new Stockholm – Hong Kong SAS direct route Read More
The Swedish bank Handelsbanken’s new Representative Office in Jakarta was inaugurated on Mach 12 by Sweden’s Ambassador to Indonesia, Johanna Brismar Skoog. Handelsbanken is the first Scandinavian Bank to open …
Handelsbanken opens Representative Office in Jakarta Read More
The strike is finally over within the Scandinavian entity of Norwegian Air Shuttle ASA, commercially branded “Norwegian”. Norwegian has gone to great lengths to reach an agreement to resolve the …
Norwegian Air’s Scandinavian pilot strike ends Read MoreThe finalists for the 2015 NBCP Awards have been selected, ahead of the awards ceremony taking place at the Annual Northern Lights Dinner & NBCP Awards. The Board of Judges …
NBCP Awards 2015 finalists chosen Read MoreA Finnish business delegation to South-East Asia arranged by Finpro, ended its two-country visit February 9-10 in the Philippines (following on Myanmar), lead by Mr. Jan Vapaavuori, Minister of Economic …
Finnish business delegation visited Myanmar and the Philippines Read More
Telenor Group has announced the launching of company-wide retail roaming initiative in a move to eliminate high and unpredictable costs for data-hungry consumers using mobile services while abroad. The company …
Telenor starts introducing company-wide retail roaming service Read MoreThe countries in Southeast Asia run world economy. But despite this, Sweden’s export to the region decreases. This trend has to stop, the Swedish ambassadors in Southeast Asia writes. These days we visit …
Weak Swedish interest for hot Southeast Asia Read MoreFollowing on the pilot strike on Thursday 6 March the conflict has remained unsolved, with continued strikes throughout the weekend. On Sunday 8 March almost all domestic flights in Norway …
Norwegian Air Norway strike continues Read MoreThe Port of Gothenburg will be the new export port for Volvo cars to China, as well as Finland and Russia, with an estimated volume of around 30,000 cars each …
Volvo Cars selects Port of Gothenburg for China exports Read More
Denmark is quickly becoming a potential trade and investment partner of the country, paving the way for enterprises to promote exports, having signed numerous cooperation agreements with Viet Nam, reports …
Denmark signs trade partner agreements with Vietnam Read More
Anja Pedersen, Head of the Visa Department at the Royal Danish embassy in Beijing, explained on 4 March 2015 the Danish visa requirements in a meeting with 14 Chinese tourist agencies. …
Danish Embassy explains visa requirements for Chinese Read More
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