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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On the day Microsoft acquired Nokia’s device business, Thomas Zilliacus, who worked for 15 years at Nokia, and for seven years as the Asia-Pacific CEO of the company, founded a …
Singapore-based Newkia wants to bring Nokia back Read More
Denmark’s Dairy Company Arla Foods is working on its first formal marketing programme in China, Campaign Asia-Pacific reported. The communication campaign is going to be run by Draftfcb, after the …
Arla Foods to start marketing program in China Read More
Finnish elevator and escalator company Kone has won an order for 108 elevators and 57 escalators at Dazhongli, a mixed-use development on Shanghai’s flourishing commercial street, West Nanjing Road, the …
Finland’s elevator company Kone wins Shanghai order Read More
Eighteen leading Danish and Denmark-based international companies jointly launched a talent-hunting alliance, the Consortium for Global Talent, earlier this week to attract and retain more skilled foreign professionals into Denmark. …
Attracting Chinese talents is top priority for Danish CEO Read More
Nokia has sold its handset division to Microsoft for USD 5,6 billion. That is already old news, but what happened to the Finnish mobile phone maker that dominated the market …
Nokia ends an era after a particularly brutal fall in Asia Read More
The Norwegian government has committed up to NOK14.3m (US$2.3m) in funding to improve conditions for textile workers in China, Vietnam, India and Bangladesh, the Norway Post reported. The money will …
Norway to improve conditions for textile workers in Asian countries Read More
On Tuesday September 3 the Danish Ambassador to Malaysia Nicolai Ruge met with some of the key persons in Carlsberg’s Asia section, the Embassy said on their Facebook-page. The purpose …
Carlsberg’s Asia staff met in Malaysia Factory Read More
Finnish Dibitassut, the children’s TV series based on animation characters created by children, has gained over 30 million viewers in China and elsewhere in Asia. The same animation characters will …
Finnish kids TV series watched by over 30 million in China and Asia Read More
Vidar Andersen has been appointed as the new Head of Asia in the Norwegian DNB Bank with base in Singapore effective from Monday September 2. Vidar Andersen previously held the …
New Head of Asia to Norway’s DNB Bank as Erik Borgen quits Read More
The Swedish company Clean Motion behind the Zbee electric 3-wheeler has established a local manufacturing partnership with PT Lundin Industry in Indonesia With the locally made electric vehicle the company …
Swedish Clean Motion to produce electric 3-wheelers in Indonesia Read More
Singapore Airlines (SIA) and Scandinavian Airlines (SAS) today announce an expansion of their codeshare agreement to cover more destinations in Europe, Southeast Asia, Australia and New Zealand. Codesharing has been …
SIA and SAS Expand Codeshare Agreement Read More
On 31 August the Swedish retail-clothing company H&M opened the world’s second largest store in CentralWorld in Bangkok. The grand opening of the H&M Flagship store in the Bangkok shopping …
H&M opened the world’s second largest store in Bangkok Read More
Sweden-based home furnishing giant IKEA Group opened its first wholly owned manufacturing facility in China on Wednesday 28 August through subsidiary IKEA Industry Group, ChinaDaily USA reported. The factory is …
IKEA opened manufacturing facility in China Read More
In August 1988 Scandinavian Airlines (SAS) was the first airline to open a route from Scandinavia to China with the Copenhagen-Beijing connection. Today SAS has another route going directly to …
SAS celebrates 25 years anniversary with China Read More
From December The Norwegian travel agency Star Tour will offer flights from Oslo to the southern part of Thailand, they said in a press release. Star Tour now offers direct …
Star Tour to fly directly from Oslo to Krabi this winter Read More
Malaysia’s The Star Online has published a long feature about United Plantation. The story gives a picture on the everyday life in the palm plantation In the feature Carl Bek-Nielsen …
United Plantation featured in The Star Online Read More
Danish emulsifier specialist Palsgaard has announced that the company’s new factory is open and ready for business. The facility is able to produce various single emulsifiers as well as a …
Palsgaard’s opens new factory in Malaysia Read More
The longer fresh fish is placed in stock the lower the quality gets. That should be easy to understand to most people, but in China the Norwegian salmon is often …
Norwegian salmon held back in Chinese supermarkets Read More
The auto maker Volvo, which is the Swedish subsidiary of Chinese-based Geely Group, has received permission to build a second and third plant in China. During the autumn of this …
Green light for Volvo to build two new plants in China Read More
The parties of a Danish-Cambodian oil industry pioneer project have signed agreement worth 60 million USD. The agreement will result in a major project on supply of maritime bunker fuels …
Danish pilot project in the fuel industry soon to start in Cambodia: Million USD investor agreement closed Read More
Thailand is poised to experience the strongest growth in smartphone and tablet use in Southeast Asia this year, says a report by Sweden’s Ericsson. The report said the penetration rate …
Sweden’s Ericsson says Thailand is no. 1 in region for smartphones, tablets use Read More
Volvo has recently announced the launch of the V40 in Malaysia According to the Swedish based automaker, a total of three versions of the V40 are available in Malaysia, the …
Volvo V40 was launched in Malaysia Read More
Nokia 106 and Nokia 107 Dual SIM are the latest addition to the gallery of the Finnish multi-national corporation Nokia. Both the phones support quad band GSM networks with Nokia …
Nokia unveils two new handsets in China Read More
The Chinese competition authorities (MOFCOM) have approved the closing of the transaction whereby Hydro and Orkla will have 50/50 ownership of the planned Sapa joint venture, reports Norwegian Hydro in …
Chinese competition authorities have approved Sapa joint venture in aluminium solutions Read More
In attempt to build a brand in the growing Chinese vodka market, the Swedish brand Absolut has focused on educating the consumers on how to mix and consume vodka, the …
Swedish brand Absolut teaches Chinese how to drink vodka Read More
According to a press release from the Swedish Embassy to Vietnam, the Swedish businesses ABB, Scania and Swedish Export Credit Corporation (SEK) are ready to work in “fruitful long-term partnerships” …
Sweden is hunting mining partnerships in Vietnam Read More
Yesterday Nokia unveiled its Lumia 1020 in Nanjing in China in cooperation with Suning, China Unicom and Microsoft. The mobile phone features a 41-megapixel camera sensor that is higher than …
Nokia launches Lumia 1020 in China Read More
Norway’s Telenor, that recently won the Myanmar telecommunication tender, now says they will recruit around 3000 Myanmar nationals to provide local communication services, Myanmar’s Mizzima reports. The first step for …
Telenor to recruit 3.000 Myanmar staff Read More
The wind turbine manufacturer Vestas has booked an order from Chinese gas group Hanas New Energy. Danish wind turbine manufacturer Vestas will be supplying a Chinese regional gas supplier …
Vestas to supply Chinese gas supplier for the fifth time Read More
A 19,000-tonne cargo vessel is making the first journey by a Chinese merchant ship to Europe via the Northeast Passage, a shortened route that could revolutionize trade, state media reported on …
Chinese cargo ship opens new trade route to Europe Read MoreBe among the first movers and enjoy Danish relations already created to Water Days in Myanmar. Danish Water Services, Danish Water Technology Group, the Royal Danish Embassy and the Danish …
Room for two more companies to Water Days in Myanmar Read More
Finnish Outokumpu, the global steel company, is delivering the world’s largest stainless steel facade to China. The facade will be provided for the skyscraper hosting Ping An Finance Centre in …
Outokumpu delivers the world’s largest stainless steel facade to China Read More
The colorful Finnish clothing and design company Marimekko just opened a shop in the streets of Shanghai. The store is located at the IAPM Mall at Huaihai Middle Road. The …
Marimekko Shop opened in Shanghai Read More
Sweden’s Lundin Petroleum has submitted a development plan to Petronas for the Bertam oil discovery offshore Peninsular Malaysia. The company has a 75% operated interest in the surrounding PM307 license, …
Lundin close to sanction for Bertam offshore Malaysia Read More
Danish Novo Nordisk has been investigated along with other Western pharmaceutical companies suspected of bribery by the Chinese authorities. Novo revealed on Thursday, that a production facility in Tianjin on …
Novo Nordisk drawn into bribe scandal in China Read More
The Swedish fashion retailer H&M’s first Penang store in Gurney Paragon Mall opened on Wednesday 7 August. Though doors only opened at 11.00, some turned up in the wee hours …
H&M opens shop in Penang Read More
‘Klik.Villas’ is a complete holiday home rental management system that ensures you sustain the distribution and bookings for your home on channels like Agoda, Booking.com, Flipkey among others. Scandinavian home …
Let Klik rent out your holiday home Read More
Swedish telecom supplier Ericsson is approaching a huge and vital business assignment in China. The world’s largest telecommunication company China Mobile is about to order China’s new 4G network at …
Ericsson can get huge business in China Read More
The Norwegian company Ragasco has been invited to put up a new factory in the Philippines, its local partner says. The world’s leading producer of composite liquefied petroleum gas (LPG) …
Norway’s Ragasco may put up manufacturing plant in Philippines Read More
China is investigating global packaging giant Tetra Pak for “abusing” its dominant market role, an official said Friday, the latest in a series of probes aimed at foreign companies. According …
Tetra Pak probed by China for ‘market abuse’ Read More
An association of fishermen in the Philippines on Monday urged the Danish construction firm Ramboll to stop pursuing a reclamation project in Cavite City for the construction of an international …
Philippine group tells Ramboll to back off on reclamation project Read More
Finnish phone maker Nokia in the Philippines announced on Thursday the local launch of its newest flagship device, the Nokia Lumia 925. The Lumia 925 is a thinner, lighter, and …
Nokia Lumia 925 launched in the Philippines Read More
Finland-based consulting and engineering company Pöyry has been awarded the owner’s engineer services assignment for the Van Phong 1 2×660 MW coal-fired power plant project in Vietnam by Sumitomo Corporation. …
Pöyry awarded power plant project in Vietnam Read More
The Swedish Oriflame Cosmetic Company has launched its first ever showroom last month in Sangchaung Township, in Yangon. “In Asia, we are now distributing our cosmetic in India, China, Vietnam, …
Cosmetic firm Oriflame opens showroom in Myanmar Read More
The Finnish company Scanfil with production facilities in among other places China has upgraded its expected turnover for 2013 following its newly released half year result which showed a EUR …
Scanfil upgrades expectations for 2013 Read More
Lundin Petroleum AB (Lundin Petroleum) of Sweden will start exploring a new area offshore north eastern Indonesia. The new area has been awarded Lunding because another area, it had originally …
Lundin Petroleum to explore new area in Indonesia Read More
MatzForm has recently opened its new shop at 302 Jalan Besar in Singapore, offering high quality, classic Danish designed furniture. Soren Matz, the founder of MatzForm, talks to ScandAsia about …
MatzForm introduces Mid-Century Danish Furniture in Singapore Read More
Passenger cruise ship operator Genting Hong Kong Ltd said on July 31 it and other shareholders will sell a total of 23 million shares in Norwegian Cruise Line Holdings Ltd. …
Genting Hong Kong and other shareholders to sell 23 million Norwegian Cruise Line shares Read More
The book “Winning Without Loosing” written by the Danish Entrepreneur Martin Bjergegaard, was launched in Singapore on Thursday 25th of July at The Hub Singapore, National Youth Council Academy, 113 …
Martin Bjergegaard’s book launch: Winning Without Loosing Read More
Sweden’s Lundin Petroleum has agreed on a new production sharing contract off Indonesia to replace existing acreage that has been declared a protected area. The company said on July 30 …
Swedish Lundin Petroleum in Indonesian block swap Read More