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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Volvo Cars has started production of their XC60 crossover at its plant in Chengdu, expanding its production in China after an increase in sales. Adding the XC60 to the Chengdu …
Volvo starts manufacturing its bestselling XC60 in China Read More
Swedish communication technology provider Ericsson has been awarded a five-year deal as part of Norwegian owned dtac’s LTE expansion program to deliver the technology in several major cities across Thailand …
Ericsson hired to upgrade DTAC’s cellular network in Thailand Read MoreNorwegian continued its rapid expansion with three new routes having been added during the course of last week. On 30 October, the LCC commenced its third route to Bangkok Suvarnabhumi …
Norwegian adds 3rd route out of Scandinavia: CPH-BKK Read More
Danish maritime fuel company OW Bunker’s subsidiary, Dynamic Oil Traders, in Singapore has committed fraud for around USD 125 million. The fraud was committed by senior employees in Dynamic Oil …
Fraud in Singapore can cost Danish company USD 125 million Read More
Scania trucks, busses and tractors will be sold in Manila from the beginning of next year. The import of Complete Knock Down kits (CKD’s), needed for final assembly, will commence …
Scania ready for Philippine market in early 2015 Read More
Danish pharmaceutical company Lundbeck has doubled the sale of its anti-depressant Lexapro on the Chinese market in the last four years. Just this year Lundbeck has experienced a 20 pct …
More depressed Chinese are seeking happiness in Danish pharmaceuticals Read More
The joint venture of Aboitiz Power Corp and Statkraft Norfund Power Invest AS of Norway has broken ground for a new hydropower project in the provinces of Ifugao and Isabela. …
Norwegian firm to install hydropower dam at Philippine reservoir Read More
University of London and University of Edinburgh are jointly conducting a research project in ‘Cross-cultural leadership’ which will identify and analyze the challenges that foreign business leaders experience in leading …
Leading Thai subordinates – what are the challenges? Read More
Denmark pledged to continue to support Vietnam in developing high quality pig breeding, Danish Ambassador to Vietnam John Nielsen said in a conference in Ho Chi Minh City on October …
Denmark helps Vietnam upgrade pig breeding Read More
PANDORA has found its current, more than 7000 man strong, factory in Thailand too small. Even though the company is currently acquiring land for a new factory near Chiang Mai …
Danish jeweler PANDORA is ready to expand with a new factory in Thailand Read More
Viope, a Finnish company focused on developing learning solutions in computer programming and mathematics, has cooperated with Vietnamese software company Global Software to establish a vocational online training center in …
Finnish online school opens training center in Vietnam Read More
Backed by their abundant experience on the domestic front, a number of Danish enterprises have set their sights on the huge market potential for water-supply efficiency projects in China, in …
Danish expertise to plug China’s water supply leakages Read More
An exhibition of Finnish Christmas theme part opened in Nanjing, China, on Saturday, said Santa Claus Promotions Finland in a press release. The exhibition held in Nanjing Culture and Art …
Finnish Christmas theme park launched in Nanjing Read More
In Singapore elderly citizens will triple to 900,000 by 2030. This was one of the main topics discussed during the visit of 4 Danish companies in collaboration with the Confederation …
Denmark offers Singapore ageing citizen care know-how Read MoreAsia has been vital for Telenor’s record breaking customer growth. CEO Jon Frederik Baksaas says the advance is driven by massive growth in Malaysia, Myanmar, India and Bangladesh. A happy …
Telenor adds 3,4 million new customers in 3rd quarter Read More
REC, a leading global provider of solar energy solutions, is exhibiting at the RE@SIEW Expo where clean technology and renewable companies profile their services and products during the annual week-long …
Norway’s REC showcases solar energy solutions Read More
Apparently oil is more important than who gets the Nobel prize and official visits by Dalai Lama. At least for State owned Cnooc that, according to Bloomberg, has ignored diplomatic tensions …
Chinese company considers oil exploration in Norway Read MoreRiding on the success of the Royal Danish Embassy’s push for Danish water technologies showcase at the Singapore International Water Week in June 2014, and the signing of MOU between …
Danish water tech showroom opens doors in Singapore Read More
Danish brewer Carlsberg now posses 100 percent of the Chinese Chongqing Beer Group Assets Mangement Co. Ltd that owns eight breweries in three Chinese provinces. The acquisition of Chongqing Beer Group …
Carlsberg has completed the acquisition of eight Chinese breweries Read More
Vestas announced on October 21 that it will introduce its most technologically advanced 2 MW variant turbines and new flexible service offerings to the Chinese wind market. Reinvigorating its long-standing …
Vestas launches new China strategy Read More
The Finnish elevator and escalator manufacturer Kone said that nearly 40 percent of its orders received and 30 percent of total sales have came from China. Kone reported its strong …
China accounts for 40 % of KONE elevator, escalator sales Read MoreDanish Water Technology House (DWTH) and the Danish Industry Foundation (DIF) visited Singapore’s national water agency, PUB on 21 October 2014) to discover opportunities and discuss future collaboration. The visit follows-the signing of …
Bridging the Danish-Singaporean Water Sectors Read More
Philippines power producer Energy Development Corporation (EDC) has nailed $315m of finance for its Vestas-built 150MW Burgos project, and said it is on target to commission the nation’s largest wind …
Philippine firm granted $315-million loan for Vestas wind turbines Read More
The Asia-Pacific region has over a number of years experienced an over 10 per cent strong annual air traffic growth. In fact, Asia Pacific is already the world’s largest aviation …
Saab – beyond innovation in air traffic management Read MoreThe first Acne Studios store opened in Hong Kong on Saturday 17 October 2014, writes Inside Retail Asia. The move is so new, that when Inside Retail Asia on Monday 20 …
Swedish fashion brand lands in Hong Kong Read More
Having participated in the recently held Philippine World Building and Construction Exposition or more popularly known as Worldbex, the country’s largest building and construction industry exhibition featuring local and international …
Finnish pine wood attracts interest in tropical Philippines Read More
Radio P4 Stockholm has learn that Volvo is selling so many cars that it will start a third shift in the Torslunda factory, in the first quarter of 2015. Nine …
Volvo Cars to add 1,300 jobs at main Swedish plant Read More
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