Nordic News, Business and Life in Asia
The Ministry of Science and Technology has issued a certificate for the British-Swedish pharmaceutical company’s production technology and packaging process to be transferred to a company in Vietnam. AstraZeneca is …
AstraZeneca is transferring production technology to Vietnam Read More
Norwegian paint brand Jotun is expanding its presence in the Philippines. The company has announced that they are set to open three retail stores in the Southeast Asian country. The …
Norwegian paint company expanding in the Philippines Read More
Filipino-born Swedish fashion blogger and TikTok’er, Bryanboy, has announced that more branches of the Swedish furniture chain are set to open in the Philippines soon. “Our mission here at IKEA …
IKEA will open more stores in the Philippines according to blogger Read More
Ikano Retail, the IKEA franchisee that brings the Swedish furnishing chain to Malaysia, Singapore, Thailand, Mexico and the Philippines, has posted a RM5.25 billion in turnover for its 2023 financial …
IKEA franchisee posts RM1.58 billion revenue in Malaysia Read More
Nordic Aqua Partners have announced the appointment of Andreas Thorud as the new managing director for its operational activities in China. With 17 years’ experience in China and his extensive …
Nordic Aqua Partners appoints new managing director for China operations Read More
After several years with problems, Danish Bang & Olufsen begins this financial year with a plus, according to the company’s accounts for the first quarter. This is despite a slow …
B&O hopes for progress in China Read More
Export of frozen Norwegian cod to China fell 74 percent in the third quarter of 2023. The decline made China the fourth largest destination for frozen cod during the period, …
China imports of frozen cod from Norway has significantly declined Read More
The Chinese EV brand ZEEKR has announced, that the company is moving its current EU headquarters in Sweden to the Netherlands. The Geely-owned EV brands EU branch has until now …
ZEEKR moves EU headquarters from Sweden Read More
Despite the slowing economy, the Swedish retailer still consider China a key growth market, executives at IKEA said on Thursday, October 12. China was for several years the fifth biggest …
IKEA still consider China a key growth market Read More
The Swedish telecom company, Ericsson, has filed a number of lawsuits against Chinese Lenovo and its subsidiary Motorola Mobility. Ericsson claims that Lenovo doesn’t deny needing a SEP license, but …
Ericsson sues Chinese Lenovo over 5G patents Read More