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.
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
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