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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Moomin Language School, a Finnish edutech startup and a spinoff from Promentor Solutions Ltd. is building a language learning service for kindergartens in China. The company has just signed its …
Finnish Moomin Language School goes to China Read More
Ecolean is experiencing continued growth in the Asian markets. In order to meet customer demand, Ecolean recently added new facilities in China that will increase Ecolean’s production capacity of aseptic …
Ecolean raises output with new China factory Read More
Ascom, a global provider of mission-critical communications systems, recently acquired Scanditronic, a distributor of Ascom’s products in Malaysia and the South East Asia region. As of November 1st Scanditronic has …
Sweden’s Scanditronic renamed as Ascom Read More
A lack of demand in Finland has led to Finnish travel agents to cut the number of package holiday deals they offer during the winter months. Over the years, package …
Finnish agencies cut back on winter package tours to Thailand Read More
Grundfos has been awarded a S$1.4 million grant by the Singapore Environment and Water Industry Programme Office (EWI) to develop a novel wastewater filtration technology that can significantly reduce capital …
Grundfos Awarded S$1.4 Million Government Grant for Wastewater Read More
The new Thai-headquarter is the latest sign of Volvo Group’s multibillion baht investments in Thailand. The opening was visited by the Thai Minister of Transport and the Swedish Ambassador to …
Volvo Group opens new headquarter in Bangkok Read More
The deadline for the submission of tenders to supply Bangkok Mass Transit Authority (BMTA) with a new fleet of 3,183 buses, was finally scheduled for January 2015. Conspicuously absent from …
Bangkok’s bus fleet procurement: why Scania, Volvo opt out Read More
In mid-November MASBA held the yearly Ambassador’s Dinner, which was attended by a record-breaking number of our members and spouses. For the second year in a row, we were enjoying …
MASBA’s yearly Ambassador Dinner Read More
World-leading micro component total solution supplier AAC Technologies Holdings and Swedish audio technology provider Dirac Research AB today announced a cooperation that will combine the best of AAC’s advanced micro …
Swedish, Chinese firms to raise bar on mobile phone sound Read More
The fair trade watchdog Finnwatch says Finnish publishers are selling books made on the back of sweatshop labour from China. According to a fresh report by the NGO Finnish publishers …
NGO: Finnish publishers use China’s sweatshop labour Read More
Monday the 8th December Danish windmill manufacturer Vestas said that it saw huge potential for windpower development in Vietnam and promised to help the country make wind a sustainable energy solution. …
Vestas sees huge potential in Vietnam Read More
Export sales hit record heights for eighth consecutive year. Danish organic food products are more popular than ever abroad, according to new figures from national statistics keeper Dansk Statistik. The …
Denmark sees rapid growth in organic food exports to China Read More
Denmark has great potential in ship management, and eventually Copenhagen can easily compete with Singapore in the area. This is assessed by V. Ships which have recently settled in Copenhagen. …
Denmark to take on Singapore in ship management Read More
Prime Minister General Prayuth Chan-ocha told some 800 foreign businessmen, on Wednesday 3 December 2014 about what he thinks should be improved in a range of areas. The businessmen were all …
Thai Prime Minister met with foreign business community Read More
China’s National Electric Vehicle Sweden (NEVS), which rescued iconic car brand Saab from bankruptcy in 2012, is getting a new owner also from Asia, according to documents from the District …
Another Asian firm to replace NEVS as maker of Saab car Read More
The leading producer of laminating paper products, Kotkamills, starts an about 13 million euros two-phase investment programme to strengthen its position as the leading global supplier of overlaying films for …
Kotkamills invests in Malaysia, Finland Read More
It was confirmed on December 2 that Denmark’s most famous architectural export, Bjarke Ingels Group (BIG), has been chosen to design Malaysia Square, a public space at the centre of …
BIG to design modernistic Malaysia Square in KL Read More
E-navigation specialist NAVTOR has set course for Asia, with the news that the Egersund, Norway-based business has opened an office in Singapore. The move comes in response to growing regional …
NAVTOR expands into Asia to meet e-navigation demand Read More
Finnish group opens first packaging plant in Asia / China-based facility focuses on food and healthcare markets Finnish packaging specialist Wipak Group (Nastola; www.wipak.com) in November started operations at its …
Finland’s Wipak sets up shop in China – 1st in Asia Read More
IKEA is launching its biggest “Soft Toys for Education” CSR campaign in Thailand to reach out and support more children than ever before. “We are delighted to launch the third …
IKEA Launches “Soft Toys For Education” Charity Campaign Read More
Sandvik Materials Technology (SMT) is closing down its Die Cutting business in Qingdao, China. SMT is proposing to also close down the Die Cutting sales office in Halesowen, UK, subject …
Sandvik to scrap die cutting business in China Read MoreThe Swedish based Survey and GIS equipment maker, Satlab Geosolutions AB, announced on December 1 its expansion into the Asia Pacific market with the establishment of an Office in Singapore. …
Satlab Geosolutions Opens Office in Singapore Read More
Innovation and technology center Miktech has started co-operation to export Finnish food products to China. The export operations will be carried out in collaboration with the Chinese importer Shenzhen Bilberry …
Finland’s berry products enter China market Read More
Martin Roll swapped a thriving career in the Copenhagen advertising industry with an entirely new life in 2000, without a safety net on the other side of the world. Read …
Danish superstar in the business guru league Read More
At the moment IKEA has 16 stores, but their ambitious expansion plan will make this number grow with 3 stores every year, Danish national broadcaster DR reports. IKEA entered the …
IKEA in China plans to expand with 3 stores every year Read More
The Norwegian company Solstadt offshore has been hired by Chevron Offshore Thailand for their 2015 offshore campaign. The campaign includes installing fourteen wellhead platforms in the Gulf of Thailand, according …
Norwegian company to install offshore platforms in the Gulf of Thailand Read More
Carsten Jens Carlstedt is taking over as executive director of the Danish-Thai Chamber of Commerce (DTCC) after the former director Hanh Ngoc Nguyen who has her last day on November …
New Executive Director in Dan-Cham Read More
Volvo Buses Malaysia recently unveiled its new chassis range to the Malaysian market – the new Volvo B7R and Volvo B11R. Launched in the presence of the Ambassador of Sweden …
Volvo Buses launches new chassis range for Malaysia Read More
Swedish fashion giant H&M opened its first highly anticipated flagship store in Sabah on Thursday. Located in 1Borneo Hypermall in Kota Kinabalu, Sabah, this is the second store to be opened …
Fashion giant H&M opens its first flagship store in Sabah Read More
Telenor and Yoma Bank are teaming up in mobile banking, aiming to provide basic financial services for millions of unbanked people in the country. The two prominent firms have already …
Telenor, Yoma mull mobile banking in Myanmar Read More
Leading Swedish aerospace and defense company Saab has signed a deal with state-owned Indonesian weapons manufacturer Pindad to market ground-based air defense systems as well as extend the operational life …
Saab to collaborate with Indonesia’s Pindad on air defense systems Read More
Norway’s sovereign fund, the world’s largest, plans in 2015 to start investing in real estate in Asia, Karsten Kallevig, its real estate chief, this month told Reuters. Norway’s fund …
Norway’s oil fund to invest in Asian real estate Read More
Norwegian tele-giant Telenor is teaming up with Myanmar’s Yoma Bank to provide mobile banking services to the people of Myanmar. The two prominent firms have already started working together in …
Telenor looks to provide mobile banking in Myanmar Read More
CHINA National Bluestar has agreed to buy solar panel maker REC Solar for 4.34 billion Norwegian crowns (US$640 million), planning to combine it with another Norwegian asset it picked up …
China’s Bluestar acquires REC Solar Read More
>Hamid Ijazm, Sales Manager at Alpine Sale in Thailand is challenging ambitious Danish talents in telemarketing to attend two “Boot Camps” that Alpine Sale is arranging in Thailand in January …
Wanted: Ambitious Danish telemarketers Read More
With the opening of a new branch in Aarhus, Alpine Sale located in Hua Hin, Thailand, is increasing its market share while optimizing the benefits of having offices in Thailand. …
Alpine Sale expands and opens office in Denmark Read More
CEO of now bankrupt OW Bunker’s subsidiary in Singapore claims to be innocent of fraud. Earlier Niels Henrik Jensen, chairman of former Danish marine oil giant OW Bunker, claimed that …
Fraud suspected CEO of OW bunker subsidiary claims to be innocent Read More
Denmark is well known for its dairy products, ‘Smørrebrød’ (open sandwich with toppings), and bread and pastries such as, in particular the ‘Danish’ (a Viennese bread usually topped with chocolate), …
Dane at Outrigger Phuket satisfies tourists’ insatiable appetite for bread Read More
There was a heavy Scandinavian presence at the World Architecture Festival in Singapore this October. Where the Scandinavian approach of including citizens in urban development and construction of both private …
Scandinavian architecture has large export potential in ASEAN Read More
ScandAsia interviewed Norwegian business consultant Claus Gaasvig to hear why Singapore is a good place to setup a company and to get a few tips on how to get the …
What to consider before opening a business in Singapore Read More
Finnair is offering new scheduled flights to popular holiday destinations for next winter season, including Ho Chi Minh City, Eilat, Lanzarote, Fuerteventura and Madeira. Several of these destinations have previously …
Finnair adds Vietnam’s HCMC to next winter’s scheduled flights Read More
Swedish company PT Volvo Indonesia has made a US$10-million investment for establishing a heavy machinery components warehouse in Balikpapan, East Kalimantan. “We store all types of components for Volvo heavy …
Volvo sets up heavy machinery warehouse in Indonesia Read More
On the heels of announcing Angry Birds Stella’s move into China, Rovio Entertainment is continuing to slingshot its IP into the country. The Finnish developer is partnering with China’s Guogou …
Angry Birds to build theme parks in China Read More
Blogging has become the number #1 method that businesses and organizations are using to publish marketing content. But the process can be very time consuming and you never know if you will appear high enough in the result list when customers search for your products or services on Google, Bing or Yahoo. What you need is Mynewsdesk, represented in Thailand by Scandinavian Publishing Co., Ltd.
Content Marketing: Blogging to Promote Your Business! Read More
Saab and PT Lundin have revealed their Bonefish unmanned surface vessel (USV) technology demonstrator at Indo Defence 2014. Formally unveiled by Indonesia’s defence minister Purnomo Yusgiantoro and Chief of Naval …
SAAB’s new unmanned ship the Bonefish to be built in Indonesia Read More
Aluwave AB establishes a production site for its customized LED modules in China through a new company, Qingdao Aluwave Lighting Technology Ltd. The decision is based on the fact that …
Sweden’s Aluwave sets up LED module factory in China Read More
One of Denmark’s largest companies, ship fuel supplier OW Bunker, on November 7 filed for bankruptcy after saying it had discovered a US$125 million (S$161 million or 100 million euros) …
Denmark’s OW Bunker goes bust in wake of $161 million fraud Read More
Telenor Myanmar has teamed with Norway-based software company Opera to help customers surf the web more cheaply, the telco announced November 1. The partnership accompanies Telenor Group’s “internet for all” …
Telenor, Opera team up for Myanmar’s low-cost Internet Read More
The Danish Embassy is present with a pavilion at the Vietwater 2014 Expo and Forum in Ho Chi Minh City, which brings together more than 300 companies from all over …
Danish firms seek greentech foothold in Vietnam Read More
The Danish furniture manufacturer ScanCom has been awarded for its focus on health, safety and environmental impact. Back in 1998 ScanCom was the first company in Vietnam to get a …
Danish furniture manufacturer in Vietnam awarded for Corporate Social Responsibility Read More