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.
Electrolux, the Swedish company that has grown into a global leader in home appliances, will display its latest models of washing machines with the unique ‘Time Manager’ function at the …
Swedish Innovation Exhibition puts spotlight on Electrolux Read More
The opening ceremony was officiated by the President & CEO of the Lego Group, Jørgen Vig Knudstorp Thursday the 16th October and included an award ceremony for the winners of …
LEGO opens new Malaysia office Read More
Norway’s DNV GL announced Tuesday that energy demand in South East Asia is expected to grow at twice the rate of the rest of the world. The firm has appointed …
DNV unveils LNG & Gas consulting unit in Singapore Read MoreTetra Pak, the multinational company with Swedish origin will exhibit its latest innovations within food processing and packaging solutions, when the Thai-Swedish Chamber of Commerce (TSCC) highlights its 25 Years …
Tetra Pak showcases innovative packaging solutions Read More
The College of Management, Mahidol University held the 2014 CMMU Showcase at its campus in Bangkok on Sunday, September 21, 2014. More than 200 alumni, faculty members, students and invited …
CMMU Showcase 2014: Sharing knowledge for greater public good Read More
Danish jewelry manufacturer Pandora is currently in the process of acquiring land for a new factory in Northern Thailand. “We were already searching for a factory manager in May,” Pandora’s press …
Pandora to expand with a new factory in Northern Thailand Read More
Statoil has sold its 15.5% participating interest in the Shah Deniz production sharing agreement, 15.5% share in the South Caucasus Pipeline Company (SCPC), 15.5% share in the SCPC holding company, …
Statoil sells stake in Azerbaijan oil field to Malaysia’s Petronas Read More
When the Thai-Swedish Chamber of Commerce (TSCC) celebrates it 25 Year Anniversary with an exhibition themed ‘Beyond Innovation’ in Bangkok, DIAKRIT partakes to raise brand awareness in Asia but also …
DIAKRIT’s innovations revolutionize real estate marketing Read More
GIC, Singapore’s sovereign wealth fund, has divested its 100% interest in the Bank of America Merrill Lynch Financial Centre (MLFC) located in City of London for £582.5m to Norges Bank …
Singapore’s GIC sells landmark London asset to Norges Bank Read More
Come visit our jubilee exhibition and Swedish events at CentralWorld! “When we celebrate the Thai-Swedish Chamber of Commerce’s 25 years anniversary at CentralWorld 24-26 October 2014 we will highlight Swedish …
TSCC to celebrate 25th anniversary in grand style Read More
Finnish enterprises said they are impressed by Vietnam’s investment potential during a working session with Deputy Prime Minister Hoang Trung Hai on September 26 in Helsinki. In the meeting, representatives …
Finnish firms eye Vietnam’s investment opportunities Read More
Thai-Australian Chamber of Commerce has dropped printing the member magazine Advance. From now on, all communication with the members will be online and via emails.
Scandinavian Publishing Co., Ltd. – who has for the past ten years been selling advertisements and producing the layout and printing of the magazine – believes the move as doing irreparable damage to the member relationship.
Thai-Australian Chamber drops print for online communication Read More
The board of Telenor has asked CEO Jon Fredrik Baksaas, who turns 60 years in November, to prolong his contract throughout 2015. Baksaas has accepted. As of January 1, 2016, …
Telenor Board okays extension of CEO Jon Fredrik Baksaas tenure Read More
A Swedish truck assembler will set up a dealership in the Philippines to ride on the growth of the country’s infrastructure and mining sectors. In a statement, Scania Group said …
Scania targets Philippine infrastructure, mining sectors Read More
Neste Oil Singapore signed a deal on September 26 with Singapore-based National Oxygen (NOX) to install a new carbon dioxide (CO2) recovery and liquefaction plant at its renewable diesel refinery …
Neste installs CO2 capture plant at own Singapore diesel refinery Read More
Energy Absolute Public Company Limited (Bangkok, Thailand) has awarded the international consulting and engineering company Pöyry (Vantaa, Finland) with engineering assignments for the “EA Solar Lampang” solar photovoltaic (PV) project …
Pöyry awarded instalment of 130 MW solar project in Thailand Read More
The Embassy of Sweden in Bangkok thanks Anna Palmqvist, Jonah Wigerhall and Lars-Åke Bergqvist from H&M for an interesting and learning presentation at Friday September 26 Brown Bag Lunch. H&M …
H&M outlines campaign for ‘fair living wage’ Read More
[wzslider] With Kvik – Smart Danish Kitchens as one of the Co-Sponsors and the Thai-Swedish Chamber of Commerce (TSCC) as Supporting Association the 2014 edition of the Thailand Property Awards …
Scandinavians at Thailand Property Awards 2014 Read More
Finland is a pure and unpretentious country with an abundance of know-how and creativity. Such was the picture portrayed of Finland as the representatives of Iittala, Reima, Suunto and Marja …
Finnish brands target China’s competitive consumer markets Read More
Nyhavn, the colourful houses in Copenhagen which attract thousands of tourists every summer, was surprisingly on exhibit at the TFIC Furniture Outlet Fair in Bangkok, Thailand held by the end of …
Nyhavn as a cupboard Read More
Finnish manufacturer of composters and dry toilets Biolan has transferred some of its production from its China factory back to Finland, as a result of rising freight costs and an …
Dry toilet maker shifts production back to Finland Read More
Eight major clothing brands, including Swedish H&M and Spanish Inditex, which owns Zara, British New Look, and Irish Primark, have sent a letter to the Cambodian deputy prime minister saying …
H&M, other brands support Cambodian workers’ wage hike Read More
Swedish auto maker Saab, which is trying to resolve serious financial difficulties by attracting new investors, said September 24 it was cutting 200 jobs, more than one third of its …
Financially-ailing NEVS cuts 1/3 of Saab Cars workforce Read More
Danish brewer Carlsberg will begin production at its Myanmar factory next month as the company looks to become the first foreign producer approved by President U Thein Sein’s government to …
Carlsberg ready to hit the shelves in Myanmar by December Read More
A new Christmas-themed attraction is being developed in the Chinese city of Chengdu. SantaPark Ltd, which operates what is marketed as the “official home of Santa Claus” in Lapland, has …
Lapland-style Santa theme park to open in China Read More
Shares of the Danish shipping company Maersk have reached the highest value ever. Yesterday, the 16th of September, the Maersk B share ended witha value of DKK 15.200 that is …
Maersk share breaks 7-year record Read More
Thai Union Frozen Products Public Company Limited (TUF), for the second time within a month, announced today that it has entered into an agreement to acquire 100 percent of the …
Thai Union Frozen Products takes over Norway’s King Oscar Read More
Denmark-based biotechnology giant Novozymes is anticipating huge demand for its microbial products that improve crop yields in China, the world’s largest producer and consumer of agricultural goods, a top company …
Novozymes eyes China’s agro-biotech market Read MoreScand-Media staff and construction workers building the first naturist resort in Bangkok on a piece of land owned by Scand-Media in the Ramintra area of Bangkok celebrated together a traditional Nordic topping out ceremony on Friday 12 September 2014. The Barefeet Naturist Resort Bangkok will offer a secure environment for a clothes free lifestyle for both Thai and foreign guests.
Topping out ceremony on first naturist resort in Bangkok Read More
Malaysian companies have secured sales worth RM528.30 million during a specialised mission for the oil and gas (O&G) sector to Stavanger, Norway. “Sales were generated for waste heat recovery unit, …
Malaysian oil & gas firms clinch RM528 million sales in Norway Read More
More than 300 creative industry professionals gathered at the Europe-Asia roundtable sessions (EARS) of 2014, a four-day event that wrapped up in the Finnish capital of Helsinki on September 7. …
Finnish, European talents target China’s booming creative economy Read More
Volvo Trucks announced an ambitious plan to expand its Asia operations at the Singapore Productivity Forum 2014. The plan includes substantial investment to upgrade its dealer networks in Thailand and …
Volvo Trucks Rolls Out Plan For Expansion Across Asia Read More
Fingerprint Cards (FPC) collaborates with Huawei on Ascend Mate7 fingerprint reader. Huawei Ascend Mate7 incorporates Fingerprint Cards Touch Sensor FPC1020. Mate7 offers ‘Peace of mind’ through the design with a …
New Huawei smartphone features Sweden’s Fingerprint Cards sensor Read More
With a phenomenal sales growth and a Chinese factory on the way LEGO is strengthening its position in Asia. In the first half of 2014 Danish toy manufacturer LEGO has …
LEGO increase sales in China by 50 percent Read More
Demand for high-end aluminum products will continue to grow in China over the next few years due to the renewed focus on energy conservation and sustainable development, a top industry …
Sapa Group sees sustained demand growth of aluminium in China Read More
Tobacco executive Anders Colding Friis to succeed Allan Leighton as new CEO in March 2015. The Board of Directors also recommends that Peder Tuborgh, subject to approval at an extraordinary …
Tobacco executive to take helm at Pandora Read More
Icepeak has come a long way since the brand manager Kalle Korvenranta packed his backpack with sales samples and went to Germany to introduce a new brand to buyers. Icepeak …
Icepeak is Finland’s little known success story Read More
Within the next 7 years IKEA will open two new stores in Bangkok. According to store manager Lacia Sherlock, the Swedish furniture store is currently experiencing a phenomenal growth. Even …
IKEA plans to open two new stores in Bangkok Read More
Belgium-based Business Social Compliance Initiative (BSCI) expressed great concern about civil and criminal charges pressed by Thai-based Natural Fruit Company against FinnWatch activist Andy Hall. These charges pertain to his …
Thai Pineapple industry urged to cooperate instead of litigate Read More
Sigve Brekke appointed interim Chief Executive Officer in dtac Mr. Sigve Brekke, the Vice Chairman of Total Access Communication PLC (dtac), will assume the role as the interim CEO of …
Sigve Brekke appointed interim CEO of dtac Read MoreAfter three years of negotiations with Finnairs cabin personnel stalled this spring, Finnair has signed a contract with crew management company OSM Aviation, the company that also recruit cabin crew …
Finnair outsources cabin operations to Asians Read More
A group of importers that includes some of Scandinavia’s largest retailers has publicly criticized the Thai food industry’s response to reports alleging human rights abuses. In a letter to the …
Scandinavian buyers decry Thai food industry’s actions Read More
A Chinese-owned company set up to take over Saab’s assets after the troubled Swedish carmaker’s bankruptcy said on Aug 29 it had succeeded in being placed in receivership. National Electric …
Chinese owner of Saab car brand granted bankruptcy protection Read More
Finnish dairy group Valio has revealed plans to invest EUR70m (US$92m) to expand its whey powder production as it targets growing demand for infant formula in China. The company said …
Valio to invest in whey powder production in China Read More
Norwegian feed producer Ewos boosted its profit and revenue in the first half of the year, driven by strong growth in Norway, alongside improvements in Vietnam, Chile and Canada. Also …
Ewos makes inroads into Vietnam’s feed market Read More
Carslbergs’ Malay subsidiary has increased the turnover significantly in the year’s second quarter; this resulted in a 29 percent profit jump. According to Carlsberg Brewery Malaysia’s press release the increase …
Carlsberg increase their profits in Malaysia and Singapore Read More
The Chinese leading geographic information service provider Wuda Geoinformatics Co., Ltd (GeoStar) on August 25 officially opened its Finnish branch in Espoo, a southern city next to the capital Helsinki. …
Chinese leading GIS firm opens branch in Finland Read More
Sweden-based automaker Volvo Cars Corp, owned by Zhejiang Geely Holding Group, saw its sales in the Chinese market grow to 7,583 units in June, hitting a new record in single-month …
Volvo Cars sales in China up in H1 Read More
[sliderpro id=”10″] Volvo in Southeast-Asia showcases the 2014 edition of its best-selling model, the XC60 and highlights its upgrades in comparison to previous editions. The XC60 passed the 500,000 units …
The head-turning Volvo XC60 Read More
Telenor has found 19 confirmed and suspected cases of underage labourers in its supply chain as part of its ongoing sustainability initiatives, according to Telenor Myanmar CEO Petter Furberg. While the Norwegian …
Telenor is confronting child labour in Myanmar Read More