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.
Taiwan has so far focused its renewable energy strategy on solar and offshore wind. Now, for the first time, the country is opening its ports to wave energy testing. Swedish …
Swedish firm to launch Taiwan’s first wave-to-energy pilot Read More
The Norwegian Embassy in Hanoi highlighted Norway’s continued cooperation with Vietnam in the fisheries sector during the opening of the Vietnam Fisheries International Exhibition (Vietfish 2025) in Ho Chi Minh …
Norway hooks big gains in Vietnam’s seafood market at Vietfish 2025 Read More
The Norwegian design brand Ekornes, a corporate member of the Thai-Norwegian Chamber of Commerce, has been awarded the prestigious Red Dot Award: Product Design 2025 for its recliner Stressless Adam. …
Stressless Adam wins Red Dot Award Read More
The Embassy of Denmark in the Philippines and the Royal Norwegian Embassy in Manila have joined as advocacy partners for the Energy Smart Forum 2025, organised by the European Chamber …
Denmark and Norway support Energy Smart Forum 2025 in the Philippines Read More
The Embassy of Denmark in Vietnam and CO-Industri, the Central Organisation of Industrial Employees in Denmark, have highlighted the importance of safe and sustainable workplaces during a recent visit to …
Denmark promotes safe and sustainable workplaces in Vietnam Read More
The Embassy of Finland in Hanoi has announced that Finnish startup experts from Business Finland and Sisu Factory will join the Incubation Meetup at Next Wave of Startups 2025 on …
Finland connects with Vietnamese startups at incubation meetup in Hanoi Read More
Danish jewellery giant Pandora saw its market value fall sharply on Friday, losing nearly 15 billion kroner due to a drop in its share prices. The setback followed the release …
Pandora hit by market drop as US tariff concerns loom over Thai production Read More
The Danish Chamber of Commerce Malaysia (DanCham) facilitated a reportedly constructive dialogue on environmental, social and governance (ESG) collaboration with the Malaysian Investment Development Authority (MIDA) on Friday. The meeting …
DanCham engages MIDA on ESG collaboration in Malaysia Read More
The Finnish design studio, Patternsfrom Agency, puts Finland among the new countries represented at this year’s Intertextile Shanghai Home Textiles – Autumn Edition, taking place 20–22 August 2025 at the …
Finnish design studio among new exhibitors at Intertextile Shanghai Home Textiles Read More
Sweden’s Chargé d’Affaires Per Linnér has met with Phrae Governor Somchai Lertprasitthiphan to discuss ways the two countries can work together to preserve natural resources. This comes ahead of the …
Thailand–Sweden forum in Phrae focuses on sustainable forestry Read More
Singapore-based data center developer and operator DayOne will invest around 1.2 billion euros in a new hyperscale data center campus in Lahti, Finland. The facility will be developed on a …
Singapore’s DayOne invests 1.2 billion euros in Finnish data center campus Read More
The Danish tournament organiser BLAST Premier has signed a multi-year partnership with the Singapore Tourism Board to bring four additional esports events to Singapore. Founded in 2020 by Nikolaj Nyholm, …
Danish Esport company partners with Singapore Tourism Board Read More
The Finnish company, UPM Adhesive Materials, which produces self-adhesive products used in labeling, has announced a major investment in its label material factory in the Johor state of Malaysia, just …
Finnish UPM Adhesive Materials invests in Malaysia factory to drive Southeast Asia growth Read More
Swedish clean energy-tech company Aira has raised €150 million (USD 175 million) in equity financing to accelerate the electrification of residential heating in Europe, with Singapore’s Temasek among the participating …
Singapore’s Temasek joins funding for Swedish clean energy-tech firm Aira Read More
Yoma Bank, part-owned by Norway’s development finance institution Norfund, has partnered with global payments network MoneyGram to enable near-instant cross-border money transfers to Yoma Bank accounts across Myanmar. The service …
Norfund-backed Yoma Bank partners with MoneyGram to offer remittances for Myanmar’s migrant workers Read More
Denmark-based Christiania Shipping, led by Norwegian CEO Fridtjof Eitzen, is expanding its fleet with both a leased vessel and its first-ever newbuilt chemical tankers. According to TradeWinds and Shipping Telegraph, …
Christiania Shipping adds leased tanker and prepares for first newbuilds Read More
Swedish truck manufacturer Scania will open its new 2,3 billion USD production facility in Rugao, eastern Jiangsu province, in October 2025. At least half of the trucks produced at the …
Scania to open new 2,3 billion USD truck plant in China in October Read More
The Swedish Chamber of Commerce in Singapore, together with Business Sweden and the Embassy of Sweden in Singapore, will present the results of the 2025 Singapore Business Climate Survey at …
Swedish Chamber to launch 2025 Singapore Business Climate Survey Read More
House of Yugen, an international media and talent agency founded by Filipino entrepreneur Josh Yugen, has been officially appointed as the new franchise holder of Miss Universe Denmark. The announcement …
Filipino-led agency takes over Miss Universe Denmark franchise Read More
Norwegian marine technology provider Kongsberg Maritime has expanded its presence in Indonesia with new offices in Jakarta and Batam – an island just off the coast of Singapore – to …
Kongsberg Maritime opens new offices in Jakarta and Batam Read More
Swedish home furnishings giant IKEA has opened an official flagship store on Chinese e-commerce platform JD.com, marking a new step in its strategy to expand digital and omnichannel operations in …
IKEA launches flagship store on JD to boost growth in China Read More
Denmark’s Ambassador to Malaysia, Kirstine Vangkilde Berner, has invited the Premier of Sarawak, Datuk Patinggi Tan Sri Abang Johari Tun Openg, to visit Denmark to further strengthen bilateral ties and …
Denmark explores green energy cooperation with Sarawak Read More
Danish antiperspirant brand Perspirex has announced its decision to exit the Indonesian market, citing what it describes as unfair competition and coordinated smear campaigns. The company shared the announcement on …
Danish brand Perspirex withdraws from Indonesia citing unfair play Read More
The Thai-Swedish Chamber of Commerce (SweCham) visited platinum partner Dynapac on 1 August 2025, with the goal of strengthening collaboration with the Swedish industrial brand in the Asia Pacific region. …
SweCham visits platinum partner Dynapac in Bangkok Read More
The Thai-Swedish Chamber of Commerce (SweCham) joined cultural and industry leaders at the opening of EM DISTRICT Sense of Thai 2025, held at Emsphere on 29 July 2025. Executive Director …
Thai-Swedish Chamber of Commerce shows support for Thai textile heritage Read More
Finnish elevator and escalator company KONE has opened its first training facility in the Philippines. The new KONE Academy is located in Mandaluyong City, Metro Manila, and will serve as …
Finnish KONE opens first training academy in the Philippines Read More
The Thai-Swedish Chamber of Commerce (SweCham), in collaboration with the Swedish Institute and the Joint Foreign Chambers of Commerce in Thailand’s Digital Economy/ICT group, will host the “Innovation Unleashed Forum …
Thai-Swedish Chamber of Commerce to host innovation forum in Bangkok Read More
On Tuesday 29 July, the Thai-Swedish Chamber of Commerce hosted Khun Mathias Bjorkvall, Developer at Netler AB. Netler is a Swedish IT consultancy that helps companies modernise their systems, build …
Netler explores collaboration with SweCham Thailand Read More
Danish lifestyle retailer Flying Tiger Copenhagen has opened its first Singapore outlet at Bugis+ on 28 July 2025, according to The Straits Times. The 157 sq m store on the mall’s second …
Flying Tiger Copenhagen opens first Singapore store at Bugis+ Read More
Bangkok Metropolitan Administration (BMA) has partnered with Danish technology company cBrain to use artificial intelligence in verifying waste separation images submitted via the BKK WASTE PAY application as part of …
Bangkok partners with Danish firm cBrain to deploy AI for waste separation Read More
The Embassy of Sweden in Bangkok has announced that the Woodlife Sweden exhibition will open in Phrae Province on Friday 15 August 2025. The exhibition will be held at the …
Woodlife Sweden exhibition to open in Phrae Province on 15 August Read More
Norway is offering to share its experience in plastic recycling with Vietnam, as part of broader cooperation on sustainability and climate goals. In a recent interview with VTV1’s Net Zero …
Norway shares bottle recycling success with Vietnam Read More
As part of the celebrations of the 120th anniversary of diplomatic relations between Norway and Thailand, the two countries have launched an Agri-Hackathon aimed at advancing Thai agriculture through innovation. …
Norway and Thailand launch Agri-Hackathon to mark 120 years of diplomatic ties Read More
Pasi Haatainen, a long-term Singapore resident and also Finnish Business Council Singapore (FBC) Chairman since 2021, has since 2007 been based in the city-state as a senior business consultant. Because …
Business transformation consultant/FBC Chairman Pasi Haatainen outlines the latest Singapore opportunities – and obstacles Read More
Thailand and Finland are moving forward with educational collaboration under a Memorandum of Understanding signed earlier this year between the two countries’ education ministries. On Tuesday 15 July 2025, the …
Thailand and Finland advance educational collaboration with new joint projects Read More
Indonesia and the European Union have reached a political agreement to finalise their long-awaited free trade deal, the Comprehensive Economic Partnership Agreement (CEPA), by September 2025. The breakthrough was announced …
Indonesia and EU edge closer to trade pact under pressure from US tariffs Read More
An article by Thai business platform ลงทุนแมน, recently shared by the Thai-Swedish Chamber of Commerce, sheds light on what drives the international success of Nordic companies—despite their countries’ small populations …
Why Nordic companies go global from day one Read More
Danish jewellery brand Pandora is exploring strategic changes to its business model in China following a significant decline in sales, according to a report by Reuters. Since 2019, Pandora’s revenue …
Pandora considers restructuring strategy in China as sales decline Read More
Danish pharmaceutical company Novo Nordisk has officially launched its once-weekly injectable weight management drug, Wegovy® (semaglutide 2.4mg), in Singapore. The treatment received regulatory approval from Singapore’s Health Sciences Authority on …
Novo Nordisk launches Wegovy in Singapore for weight management Read More
Finnair will operate its flights according to the normal schedule as strikes announced for 16, 18, 21, 23, and 25 July have been cancelled. The settlement of a dispute between …
Finnair: No strikes – flights as usual Read More
Danish logistics giant DSV has launched a new facility in Singapore aimed at strengthening cross-border logistics with Malaysia. The Redlion2 facility will support the flow of goods across the Causeway …
DSV opens Singapore facility to boost logistics with Johor Read More
Danish renewable energy giant Ørsted has secured approximately $3 billion (TWD 90 billion) in funding for its Greater Changhua 2a and 2b offshore wind farms in Taiwan. According to Ørsted, …
Ørsted secures $3 billion funding for Taiwanese offshore wind projects Read More
Team Sweden will once again host a national pavilion at ReThink HK, Hong Kong’s leading sustainability conference and expo, taking place on 11–12 September 2025 at the Hong Kong Convention …
Sweden to showcase sustainability innovations at ReThink HK 2025 Read More
A Team Sweden delegation led by Ambassador Anna Ferry and Trade Commissioner Johan Lennefalk visited Tetra Pak Philippines this week to explore the company’s role in advancing food security and …
Swedish delegation visits Tetra Pak Philippines to discuss sustainable packaging Read More
Denmark showcased its agri-food technology and livestock expertise at IndoLivestock 2025, held from 1 to 4 July 2025 in Surabaya, Indonesia. The Danish pavilion featured seven leading companies in …
Denmark promoted livestock innovation at IndoLivestock 2025 in Surabaya Read More
Danish pharmaceutical giant Novo Nordisk has announced a new 800-million-yuan (approximately USD 111.9 million) investment to expand its quality-control laboratory in Tianjin, China. The memorandum of cooperation was signed …
Novo Nordisk invests USD 111.9 million to expand Tianjin facility Read More
The province of Bataan in the Philippines is stepping up its cancer care services through a growing partnership with Sweden, under a health cooperation agreement signed in October 2024. The …
Sweden supports cancer care upgrade in Bataan, Philippines Read More
Swedish packaging giant Tetra Pak has inaugurated a major expansion of its aseptic packaging plant in Ho Chi Minh City, increasing total investment in the facility to EUR217 million. The …
Tetra Pak expands packaging plant in Vietnam with EUR217 million investment Read More
Ambassador Kristiina Kuvaja-Xanthopoulos represented Finland at the Renewable Energy Asia (REA) Conference in Bangkok, where she addressed the Plenary Session on Finland’s path toward a carbon-free future. In her speech, …
Finland promotes digital innovation for carbon neutrality at Renewable Energy Asia 2025 Read More
Air France-KLM has announced plans to raise its ownership in Scandinavian airline SAS from 19.9 percent to 60.5 percent, further consolidating its influence in European aviation. The Franco-Dutch airline group …
Air France-KLM to take majority stake in SAS and expand long-haul routes from Copenhagen Read More