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.
Scandinavian airline SAS on Jan 14 sought a deal with the last union opposing its plans for severe cost cuts aimed at avoiding bankruptcy and securing the airline’s long-term future. …
SAS eyes final union deal for survival Read More
Finland is considering increasing its holdings in mining companies including Outotec Oyj (OTE1V) as the government’s investment unit bets demand out of China will drive profits, Bloomberg reported. “What happens …
Finland aims to drive profits from mining in China Read More
Chef Chua Guo Sen and his assistant Lee Fu Seng from Sky on 57 emerged as champions in the 4th Otto Weibel & Norwegian Seafood Scholarship Competition held on January …
Young chefs won Otto Weibel & Norwegian Seafood Scholarship Read More
An international environmental group Monday voiced concerns over the impact in which the expanded hydropower dam project in central Laos may generate to the livelihoods of people living in the …
Norwegian-supported hydropower dam’s expansion upsets NGO Read MoreSu Siqi was named the winner of Miss Happiness Competition 2013, a pageant searching for the new image ambassador, spokesperson for Kopenhagen Fur in Beijing. Over 500 VIP guests attended …
Kopenhagen Fur selected Miss Happiness 2013 Read More
ISDA – the Inle Special Development Association will grow fruit and vegetables with reduced use of chemicals, mainly for foreign consumers. According to the Myanmar Times, the Inle-based organization will …
Norwegian-funded project helps Myanmar grow produce Read MoreSwedish home furnishing retailer Inter Ikea Group might acquire a stake in property developer Sentul City as it enters the Indonesian market. Ikea might buy the stake through its subsidiary …
Ikea may buy part of Sentul City Read MoreOn Jan 9, an Indonesian city of Palu has signed a contract with Biogas Systems AB on the renewable energy project. Palu City, represented by the Vice Mayor of Palu, …
Palu City and Swedish company signed a biogas plant contract Read More
The Danish car designer Henrik Fisker tries to rise new funding for his car company in China. The company has not built a car in six months, Reuters news agency …
Danish car designer looking to China for salvation Read More
Swedish carmaker Volvo, owned by China’s Geely, expects a tough 2013 as it said the company’s sales fell 6.1 percent last year, including double-digit drops in China and Sweden and …
Volvo sees tough 2013 as its sales dropped last year Read MoreWhen was the last time you rented a car to move around on a business trip or a planned family vacation? Do you recall what kind of an experience did …
Top 3 Car Trouble Tips In Asia Read More
Finnish battery maker European Batteries Oy will build a production center in north China’s city of Tianjin, local officials confirmed on Tuesday. According to China Daily, the center, located in …
Finnish battery maker builds plant in Tianjin Read More
Finnair has been ranked as the world’s safest airline in the 2012 JACDEC Safety Index. This is the first time Finland’s national carrier has topped the rankings. After Finnair came …
Finnair is world’s safest airline; China Airlines ranked last Read More
Finnish Wärtsilä and Yuchai Marine Power,a subsidiary of Guangxi Yuchai Group, have established a joint venture for manufacturing medium-speed marine engines in Zhuhai City, Guangdong Province, China. The 50/50 joint …
Wärtsilä establishes joint venture in China Read More
On Dec. 9, 2012, Models from nearly 40 Danish fashion houses joined the World-record breaking 3.2 kilometers runway show in Hong Kong. A catwalk show “The World’s Greatest Catwalk” was …
Denmark helped organize world’s longest catwalk Read More
Qingdao Qingbo Investment, State Power Group, and NBE Sweden AB signed an agreement on Jan 7 to build Saab cars in Qingdao, Shandong province, China. The three parties involved pledged …
Saab to build factories in Qingdao, China Read More
After a speculation over this year’s recession period being extended to the forth quarter, some of businesses in Finland have already set their eyes on the international markets for help. …
China and Vietnam, Finland’s Tsunami rescuers Read More
A Malaysian columnist for the New Straits Times has suggested Malaysian companies the key to dealing business with their Danish counterparts: “It’s not just about profit.” In an opinion piece …
Key to deal business with Danes Read More
Pocket Playlab, a Bangkok-based developer and publisher of mobile games, founded by young Danish entrepreneurs, has introduced its latest iOS (soon to be on Android) game application, “Lost Cubes.” And …
Pocket Playlab launches ‘Lost Cubes’ Read More
TUI Travel is aiming to drive more business to Thailand this year, following the roll-out of its new Boeing 787 Dreamliners, reports Travel Daily Media. Europe’s largest leisure travel company …
TUI to lead off direct flights from Scandinavian cities to Phuket Read MoreThe Phuket News recently published an article by Jerry Dingley and Tim Whiteley, informing its readers about a new regulation that allows Thai banks to give loans to foreigners who …
Mortgages for foreigners available again in Thailand Read More
Thoresen Shipping, a Singapore-based leading owner and operator of dry bulk vessels, on January 3, announced the opening of its first commercial office in Denmark. The move represents Thoresen Shipping’s …
Thoresen Shipping opens European chartering office in Denmark Read More
Norwegian Telenor ASA is not opposed to further increasing its stake in DiGi.Com Bhd but will decide on the exact percentage once the Malaysian Government issues more details on …
Telenor awaits to raise stakes in Malaysia’s Digi Read MoreChina plans to invest billions in green technology and Danish minister of trade, Pia Olsen Dyhr says that Denmark got the solution needed by China. An investment of 320 billion …
Denmark ready to help China to reach its green goals Read More
Norwegian classification society Det Norske Veritas (DNV) and German classification society Germanischer Lloyd have agreed to merge their respective businesses in 2013. The new entity will be called DNV GL …
DNV and GL announce merger Read MoreThe Danish Minister for Foreign Affairs, Mr. Villy Søvndal, visited China from 11th-13th December in order to further promote diplomatic relations with the Chinese government. As part of his official …
Danish Minister for Foreign Affairs visits China Read MoreThe Joint Administrative Order (JAO) No. 1 – more popularly known as the “Air Passenger Bill of Rights” – is taking effect in the Philippines tomorrow, much to the relief and appreciation …
The Philippines welcomes “Air Passenger Bill of Rights” Read MoreThe rice pledging scheme affected Thai rice exports. Bangsue Chia Meng Rice Mill Co, the maker of Hong Thong packed rice, has revised its business strategy after the rice scheme …
Thai energy rice drinks to be exported to Scandinavia Read MoreFinnish giant Fiskars has acquired 100 percent ownership of Royal Copenhagen from the previous owner the Danish private equity group, Axcel. Fiskars had to pay DKK 490 million to acquire …
Royal Copenhagen becomes Finnish Read MoreTo meet its strong order intake in Asia, Autoliv Inc. – the global leader in automotive safety systems – has opened a new seatbelt plant in Cibitung near Jakarta, Indonesia. …
Sweden-based Autoliv expands in Indonesia Read More
“I’ve never regretted the decision to move to Royal Copenhagen. It’s been really satisfying. Being so old, the company is such a big part of Danish culture. In Denmark, everybody …
Royal Copenhagen Makes Moves into Thailand Read More
Ranked among the top 20 Language Service Providers in Asia by Common Sense Advisory this year, EQHO Communications Ltd. is capitalizing on a rapid increase in demand for localization solutions …
Localization for success Read More
In today’s society and business environment where time is money and business trips must run like clockwork, travelling to or doing business in another country with a different language and …
Minimizing your risks Read More
Looking around the new generations of people in Bangkok travelling on the sky train, dining in a restaurant, having a drink in a pub, sitting with friends, and even walking …
Kelson – Mobile apps creator Read MoreSwedish Prime Minister Fredrik Reinfeldt offered to help solve Jakarta’s seemingly incurable traffic problems during his visit to the capital on Wednesday, reports the Jakarta Globe. “We have a lot …
Sweden Offers to Solve Jakarta’s Traffic Problems During PM Visit Read MoreSwedish fashion giant H&M denied accusations that it encouraged “slave-like” wages at a subcontractor’s factory in Cambodia on Wednesday, 24 October. “It’s completely incorrect,” H&M chief executive Karl-Johan Persson told …
H&M denies slave wages allegations Read More
Wood has always been a main material for the creation of furniture, walls, floors and many other home decoration products in Thailand. To maintain its charm and beauty, wood requires …
Woodcare Read More
“My colleagues often hear me say: Let’s do something different. Let’s do something that really matters to patients and to our partners,” says Mr. Christian Malherbe, the new Country Manager …
Danish Touch at Pfizer Thailand Read More
The Danish company Skov Asia Ltd. expands in Thailand and elsewhere in the region as farmers need new technology to boost profits on the rapidly growing consumption of meat all …
Danish company hopes for meaty profits Read MoreFisker Karma, a car designed by Danish Henrik Fisker, must be the sexist electric and environmental friendly car in the world. After a successful introduction of the car at the …
Fisker Karma to enter the Chinese market Read MoreThe new owners of the bankrupt Swedish carmaker Saab announced Monday, that they will launch their first new model in 2014. Saab’s new owner National Electric Vehicle Sweden AB (Nevs) …
New Saab Model in 2014 Read MoreEurocham’s Whitebook 2013 edition will be released late November 2012. As its prior editions, the issue summarises key issues affecting the European business climate in Vietnam as well as issues that …
EuroCham’s Whitebook 2013 Releasing in November Read MoreAt the 4th China New Energy Mobility Summit that took place on 20 July 2012, the Volvo C30 Electric was awarded China’s Green Car of the Year in recognition of …
Volvo C30 Electric Green Car of the Year in China Read MoreCiting a Bloomberg News interview with Volvo’s CEO Stefan Jacoby reported on 21 June 2012, the Swedish automaker Volvo Car Corporation owned by Chinese manufacturer Zhejiang Geely Holding Group is …
Zhejiang Geely Eyes Volvo Partner in the West Read MoreThe Finnish Business Council Shanghai (FBCS) organized a ‘members only’ visit to the Shanghai General Motors factory on 25th of May. The visit was followed by a cheerful dinner and …
FBCS Visited Shanghai General Motors Read More
Despite the growing number of restaurants in Bangkok, no one can deny that a home cooking experience shared with a lover, family or friends has always been one of the …
A passion for cooking Read MoreChinese automobile company Youngman’s negotiation on purchasing the Swedish car maker Saab has been ceased, reported the Swedish economic newspaper Dagens Industri (DI) on Wednesday. According to DI, the reason …
China Gives Up on Saab Read MoreAfter numerous failed attempts to be recognized as a Chinese company by authorities, Swedish automaker Volvo has chosen to enter the market as a foreign investor. The delay in production, …
Swedish Chinese-made Volvo to Hit Chinese Premium Car Market Read MoreThe first 130,000 trees have been planted as the start of a new reforestation project in northern Thailand, courtesy Six Senses Resorts & Spas. The initiative is part of their …
Six Senses Resorts & Spas: Thailand reforestation, sustainability efforts Read MoreStudent safety inside and around school grounds should be a priority for all schools around the world. And in order to achieve this, school managers together with teachers, educators, and …
Singapore School Security Tips Read More