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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The Swedish government and the Batam Free Trade Zone Management Agency (BP FTZ) will form a team to study a proposal from Swedish aircraft, defense and security company Saab …
Indonesia and Sweden to set up eco-airport team Read MoreKids whose parents set up a saving plan to help pay for their education have a higher tendency to graduate from university than kids without this incentive. You can argue …
Invest in your child Read MoreThrough several decades, Norway has been heavily integrated in the Singaporean business community through our maritime industry. However, though renowned for its capacities as a trading nation, Singapore is also …
Norwegian embassy to aid Norwegian start-ups in Singapore Read MoreSaab cars designed for the Chinese market will be built in the Chinese city of Qingdao. Speaking to radio Sweden press officer, Mikael Östlund said “within a time horizon …
Saab factory in China ready in three to five years Read MoreNorway-based Telenor Group announced on Friday that it hopes to win the government’s telecommunications tender after submitting its bid in June, based on the company’s record success of securing the …
Norway’s Telenor is prepared to invest in Myanmar’s telecommunication sector Read MoreSwedish State Secretary to the Minister of Enterprise, Håkan Ekengren, made a visit to China, 19 – 25 April. The State Secretary and his delegation began their visit at …
Swedish State delegation visits China Read MoreMulticonsult is one of Norway’s leading consulting companies with more than 25 offices in Norway and abroad. The company offers consulting and engineering services to public and private clients nationwide …
Norwegian Multiconsult ventures into Southeast Asia Read More
Swedish H&M is expanding in Singapore, with three new stores slated to open within the next few months. The Swedish fashion chain already has two stores in the Orchard Road area. …
H&M to open 3 new stores in Singapore Read More
Carlsberg has moved its Managing Director Soren Ravn in Malaysia to head its Greater China Unit. From 1 July, Soren Ravn will take on the new role, Carlsberg said on …
Carlsberg moves its Malaysia head to China Read More
Controlled by Norway’s Telenor, Thailand’s second largest mobile operator DTAC (Total Access Communication Pcl) reported a 1 percent rise in quarterly net profit on 24 April 2013, in line …
Norwegian-controlled DTAC reports rise in profit Read More
The Royal Norwegian Embassy, Innovation Norway, Norwegian Business Association of Singapore and DNV have recently held a conference concerning offshore trends, issues and opportunities in the Asia Pacific at Raffles Town …
Asia Offshore Technology Conference in Singapore Read More
On 22 April 2013, Norwegian fertilizer giant Yara International stated that it sees tougher nitrogen fertilizer market conditions on the horizon because of a combination of increased competition from China …
Norwegian fertilizer giant sees tough year due to China and energy costs Read More
According to the World Economic Forum, Finland is the first in the 2013 Network Readiness Index (NRI), followed by Singapore, Sweden, the Netherlands, Norway and Switzerland. The NRI measures the …
Finland tops Networked Readiness Index – Singapore comes second Read More
Danish-owned A/S Dan-Bunkering Ltd, a global supplier of bunker fuels, lubricants and related products and services for vessels, has expanded its operations in China with the opening of a new office …
Dan-Bunkering opens new office in Beijing Read More
Iceland’s imports from China are considerably higher than the country’s exports to China. After the Iceland-China Free Trade Agreement (FTA) was signed last week, Icelandic companies hope for increased opportunities …
Iceland hopes to increase exports to China after FTA signed Read More
CO-RO Food, a 70-year-old Danish juice company, has built its new plant in Guangdong province of China. Nils Ronnow, president of CO-RO Food China, said that China has become the …
Danish CO-RO Food built new plant in China Read More
To accelerate growth and catch up with leading German premium brands, Swedish luxury carmaker Volvo Car Corp plans to start local production in China in the last half of the …
Volvo to start local production in China Read More
Hibiscus Petroleum Berhad (Hibiscus Petroleum), Malaysia’s first listed independent oil and gas exploration and production company, on 18 April 2013 announced that Lime Petroleum Norway AS (Lime Norway) has agreed …
Lime Norway to acquire equity positions in six concessions for USD 4.9 million Read MoreSwedish car-maker Volvo is set to report a big operating loss in China for 2012 as thin sales and a costly new factory weighed on results, Swedish daily Svenska Dagbladet reported on …
Volvo reports big losses for 2012 Read MoreSky on 57, situated on top of Tower 1 of Marina Bay Sands, is one of Singapore’s best restaurants and the kitchen is run by chef Justin Quek who this …
Celebrity chef Eyvind Hellstrøm to promote Norwegian seafood in Singapore Read MoreA few days ago ScandAsia brought an article about Swedish music streaming service Spotify launching in Singapore. However there are a few more countries in Southeast Asia that will now …
Swedish music streaming service also launched in Hong Kong and Malaysia Read MoreThe Queensland mining magnate Clive Palmer is building a replica of the original Titanic cruise ship that sank on its maiden voyage in 1912 from Southampton to New York. Clive …
Finnish company to oversee Chinese Titanic II project Read MoreMarimekko continues its expansion in Asia by opening three new stores in China. The design houses first shops in mainland China will open this summer in Beijing and Shanghai. Marimekko …
Marimekko expansion in China continues to Beijing and Shanghai Read More
Danish toy company Lego has donated 80 kilos of toy bricks to poor school children in Thailand. The many boxes of Lego bricks were received last week by the 140 …
Danish Lego donates bricks to Thai children Read More
Swedish telecommunications equipment maker Ericsson AB said on Tuesday it will acquire Microsoft Corp’s Internet protocol television unit Mediaroom. Analysts said the move will help Ericsson further explore the Chinese …
Swedish Ericsson expands in China Read MoreOn April 3, representatives from the Embassy of Sweden in Beijing attended the inauguration of the Beijing Alignment Academy. The academy was founded by Swedish companies Car-O-Liner and Josam and …
Swedish companies open automotive training academy in China Read More
Spotify is set to launch in Singapore, perhaps as soon as next week. The Swedish music streaming startup has just sent out invites for an event soon in Singapore, but …
Swedish music streaming set to launch in Singapore Read MoreAlongside growing Cambodian exports, Danish logistics company Damco opened a second CFS warehouse facility in Phnom Penh on April 5. According to the Phnompenh Post, the 10,500-square-metre facility, on National …
Damco expands operations in Cambodia Read More
On Monday, the Norwegian Minister of Trade, Trond Giske, ended a week long Asia offensive designed to strengthen bilateral relations. As a part of this venture, the Minister spoke at …
Bangkok luncheon with the Norwegian Minister of Trade – Stay open, stay competitive Read More
Meet the Icelandic website developer who made a digital comeback in Thailand Thordur Adalsteinsson is among very few Icelanders in Thailand. What brought him here? Not the hot weather nor …
Dotcom bust to dotcom boom Read More
How Danish telemarketing company Alpine Saleforce has boosted its business by moving to the heart of Thailand’s popular royal beach resort Danish telemarketing company Alpine Saleforce Ltd. has moved its …
Denmark on speed dial – from Hua Hin Read More
On Friday April 5 2013, Ambassador Klas Molin took part in the opening ceremony of the project “Ethanol ED95 Public Bus Line”. The ceremony took place at King Monkut’s University …
Ethanol ED95 Public Bus Line opens in Bangkok Read More
Scandinavian Airlines (SAS) halted its flights to Bangkok yesterday, ending 64 years of service linking the Nordic countries and Thailand. SAS started to fly to Bangkok back to 1949, one …
Monday was last Bangkok flight for SAS Read MoreSwedish-based mobile operator Millicom said on Friday it had joined bigger rivals including China Mobile in applying for a licence in Myanmar, hoping to get a share of a largely untapped market. Millicom has operations in Latin America …
Swedish-based mobile operator bids on Myanmar licence Read More
Nokia has shut down its flagship retail store in Shanghai amid dwindling sales across China. The Finnish manufacturer has been struggling to compete with market leaders including Apple and Samsung …
Nokia closes flagship China store amid dwindling sales Read More
March 29 the Royal Danish Embassy in Beijing hosted a signing ceremony between Carlsberg and the Chinese Football Super League. With the signature the two parties officially entered into a …
Carlsberg and China Football Super League holds signing ceremony at the Royal Danish Embassy Read More
On 13 March 2013, Norwegian lawyers held Taxation Seminar in Singapore on behalf of global law firm DLA Piper To tax, or not to tax, and how to report. Those …
Norwegian Tax Seminar Read More
The State Enterprise Workers’ Relations Confederation of Thailand (SERC) on Wednesday issued a solidarity statement demanding that Natural Fruit drop criminal and civil lawsuits filed against British migrant labour activist …
Solidarity statement – Drop lawsuits against Andy Hall and Finwatch Read More
Swedish-Chinese Collaboration, the Tongji-Plantagon Research Center Opens to Tackle Global Food Crisis. Swedish innovator Plantagon International specializes in vertical urban agricultural solutions and is setting up the Tongji-Plantagon Research Center …
Swedish vertical farming battles Chinese food crisis Read MoreIMG Worldwide, the global sports, fashion and media company announced yesterday that it has entered into a new partnership agreement with Carlsberg China. Effective immediately, Carlsberg is the exclusive beer …
Carlsberg sponsors Chinese Super League Read More
Finnish-German tech firm Nokia Siemens Networks is preparing to double the size of its research & development facility in Quezon City, Philippines as the expansion of mobile networks around the …
Nokia Siemens Networks to double number of employees in the Philippines Read More
Electrolux recently celebrated the opening of a new, state-of-the-art refrigeration plant which is the largest one in Asia Pacific, marking the third and largest expansion of its operations in Thailand among hundreds …
Electrolux opens new – largest in Asia – refrigeration plant in Rayong Read More
Finnish Business Council Shanghai (FBCS) held its Annual General Meeting 2013 on March 27. The AGM approved the board’s proposal for the board of directors for the 2013-14 term. The …
FBCS Annual General Meeting 2013 Read MoreToday the Royal Danish Embassy in Beijing opened a pavilion at the 9th International Conference on Green and Energy-Efficient Building and New Technologies and Products Expo, which takes place …
The Danish Embassy opens pavilion at Green Building Expo in Beijing Read MoreFinnair is going all in when it comes to Asia. The past 12 years the airline’s number of flights to Asia has increased more than 600 percent, and it …
Finnair plans several new destinations in Asia Read MoreThe Nordic outdoor clothing company Reima has set its sights on the growing outdoor apparel market in China and is looking for growth through alliances and partnerships. To begin with, …
Finnish brand Reima taps Angry Birds for growth in China Read MoreThe Finnish mobile phone vendor Nokia hopes to achieve growth in the Chinese market this year by presenting a product portfolio covering customers in all categories, said the company’s …
Finnish Nokia aims for Chinese growth Read More
The Straits Times has reported an article suggesting fasting growing regions like Asean have recently become even more significant for leading Nordic firms. The newspaper featured opinions by a prominent …
Asean ‘now more vital for Nordic firms’ Read MoreIn order to make it easier for Danish companies to get an overview of the information about the available sources of financing, the Danish Trade Council has recently appointed a …
Financial advice now available for Danish companies – free of charge Read MoreInvestment opportunities and tools to boost trade links between Vietnam and Finland were discussed at a seminar in Hanoi on March 25 to mark the 40th anniversary of diplomatic ties between …
Seminar pushes Finland-Vietnam trade links Read More