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.
Less than 24 hours after Chinese firm Youngman reportedly placed a bid for Saab, another interested party has apparently joined the race to snap up the bankrupt carmaker. Mao Hai, …
New bidder in the Saab saga shows its hand Read MoreThe European ASEAN Business Centre (EABC) was officially launched in Bangkok on Wednesday 18 january 2012 at Sheraton Grande Sukhumvit, The Ballroom. This opening was hosted by the EABC President and …
The EABC Heralds a New Chapter for EU Businesses in Thailand Read MoreEltek has signed a contract with Volvo Car Corporation on deliveries of on-board chargers for a hybrid electrical vehicle program. Under the agreement, Eltek will supply EV Powercharger 3000 water-cooled …
Eltek awarded contract with Volvo Car Corporation Read MoreA year ago media surveillance company Newswatch declared they were going to take the market of media surveillance in Denmark. With a mere 15 employees that plan sounded farfetched. Today, …
NewsWatch – Ambitious Danish Media Surveillance Company Read MoreAmong the most appealing and interesting technical jobs you can find in the world, locksmiths are without any doubt among the top number 1 jobs. Locksmiths, as you might know …
Role of Swedish locksmiths in Europe Read MoreSwedish automaker Volvo, owned by China’s Zhejiang Geely, plans to hire a further 10,000 new staff in the coming years, its chief executive said in an interview to be published …
Volvo to add 10,000 staff: CEO Read MoreVolvo Car Corp last week announced it will start field trials on its C30 electric car in the eastern metropolis, becoming the latest in a line of global automakers to …
Volvo joins lineup with electric car road tests Read MoreTrying to be fashion-forward while at the same time eco-friendly doesn’t mean wearing a burlap sack and 10-year-old T-shirts, at least not for the designers behind the Swedish Institute’s “Eco …
Sweden and China goes eco chic Read MoreClothing giant Hennes & Mauritz (H & M) reports a profit before tax of 4.85 billion Swedish kronor for the period June-August, the third quarter in the company’s broken business …
Year to Date Better Than Expected for H & M Read MoreChinese car manufacturer CQAC (Chery Quantum Auto Co.) has chosen Semcon as its long-term partner for development and production of all aftermarket information for its future vehicle models. The contract …
Chinese Car Manufacturer Signs Contract With Swedish Semcon Read MoreSKF Group AB, the world’s top bearing maker by revenue, will put more resources into China’s automotive market in the next few years to demonstrate its commitment to the world’s …
SKF on a Roll in China’s Car Sector Read MoreRegional Business Manager of Volvo Cars Asia Pacific (VCAP) Ai Phing Teh who was recently in the country for an annual business review announced that Volvo is no longer seen …
Reinventing a Staid Volvo Read MoreDespite concerns that Volvo Car Corp’s sales could tumble after its purchase by Zhejiang Geely Holding Group Co last August, the Swedish brand has registered solid growth. In the first …
Volvo: Solid First Year Under Geely Read MoreFinnish customers have come to believe that the quality of Thai-made pickup trucks are “almost the same” as those vehicles manufactured in Japan, according to Timo Vaaranen, chief executive of …
Finn Exec Praises Quality of Thai-made Isuzus Read MoreOne by one, Yan Chornai’s co-workers slumped to the floor of their garment factory in Cambodia’s capital, while producing H&M goods overcome by the sweltering heat, long shifts and choking …
Factory Faintings Put H&M Under Pressure Read More
In July Professor Bertil Andersson officially took over the highly prominent position as President of Nanyang Technological University (NTU), Singapore. At NTU, he had already been Provost (the person in …
Professor Bertil Andersson Climbs from Provost to President of NTU Read MoreSuppliers to cash-strapped Swedish car maker Saab have tired of the ongoing financing uncertainty and have sought direct contact with Russian financier and would-be Saab investor Vladimir Antonov. The Saab …
Saab Suppliers Seek Antonov Contact Read MoreDespite cooling in the overall auto market in China, luxury car brands maintained a scorching pace in the first half of this year. Volvo, the Swedish premium brand delivered more …
Volvo Sale Increase 36 % in China Read MoreThe one thought that crosses the minds of most European women living in Asia is “Will I be able to get a good bra or bikini here?” The weather being …
Size is Sexy Read MoreIn May 2012 Finnair will introduce a direct route to Chongqing, the largest and fastest-growing city in China. The new route is a logical step in the implementation of Finnair’s …
New Finnair Route to China’s Largest City Read MoreHow does it come into existence and what procedures forego the distribution of a Swedish Volvo in Malaysia or Thailand? And what does the future hold for Volvo cars in …
Swedish Motor Assembly’s Intricate Car Production Read MoreScania, a major Swedish automotive manufacturer of commercial vehicles such as heavy trucks and buses, has established a sales and service company in Japan, signalling changes with their alliance to …
Swedish Scania to Start Operations in Japan Read MoreThe Thai unit of Denmark’s Maersk Line, the world’s largest container shipper, has downgraded its business performance outlook this year, citing impacts from the Japanese disaster and lingering economic uncertainties …
Maersk Thailand hit by US, EU Slump Read MoreDisgruntled foreign suppliers could prove the stumbling block for disaster-riddled cash strapped Swedish automaker Saab, according to a European association for suppliers. “I think that the patience has more or …
‘Patience Running Out for Saab Abroad’: Suppliers Read MoreIn an attempt to revive the ailing local garment industry, the Textiles Development Board (GTDO) started to draft a 5-year Garment Plan which should attract more players in the garments …
Philippines: Treading the Needle Read MoreDenmark hopes to attract more Chinese investors through a series of investment seminars around the country, starting Tuesday in Beijing. In pursuit of sustainable development, China’s 12th Five-Year Plan highlights …
Denmark Eyes More Chinese Investments Read MoreAutoliv has begun building an airbag cushion manufacturing plant in Chonburi, near Bangkok, Thailand. Its existing plant in the country opened two years ago. Production starts in July and the …
Swedish Autoliv Expands Capacity With new Thai Plant Read MoreRussian financier met Sweden’s enterprise minister Maud Olofsson on Tuesday to explain why he wants to invest money in cash-strapped car maker Saab. The meeting took place on Tuesday evening …
Olofsson Meets Antonov Over Saab Read MoreFinland has entered into bilateral development cooperation with Laos PDR. Finnish support to Laos Renewable Energy (RE) is the pioneer step to mark the start. The Lao Vice Minister of …
Finland Support Renewable Energy in Laos Read MoreThe latest setback casts further doubts over the Dutch-Swedish consortium’s efforts to secure long-term funding to rescue the struggling carmarker, an analyst said. The bailout partnership worth e150 million in …
Saab Future in Doubt After Chinese Fall Out Read MoreDenmark’s biggest work wear producer opens one more sewing factory and brings new technology to Vietnam to secure a massive increase in capacity The Danish work wear producer Mascot International …
Mascot Plans to Hire 1.300 Extra Workers in Vietnam Read MoreA classic 25-year-old Chevrolet has been given an eco-friendly makeover to run on wood chips. Finnish Juha Sipila has converted his Chevrolet to power its V6 engine with a wood-burning …
Finnish Chevrolet to Run on Wood Chips Read MoreThe seminar featured opening speeches from The Danish Ambassador John Nielsen and the Vietnamese Vice-Minister for Trade and Industry Tran Tuan Anh. Subsequently the participants were able to benefit from …
Vietnam – Denmark Partnership in the Textile and Garment Industry Read MoreThe Danish embassy held a seminar in Hanoi on March 28 to discuss cooperative opportunities between Vietnam and Denmark in the garment and textile sector. The seminar also aimed to …
Vietnam, Denmark Strengthen Garment and Textile Cooperation Read MoreThe Malaysian – Swedish Business Association (MASBA) held the Monthly Pub Evening on 10th March at The Ronnie Q Pub. It was a great evening. Almost 50 members attended. …
MASBA Pub Evening in March Read MoreDenmark is a pioneer of clean technology. For example, the country generated 22% of its electricity from wind power last year (more than any other nation) and plans to achieve …
Why is Denmark Suited to the Pioneer Clean Technology? Read MoreWhile Myanmar is not an ideal Asian country for a Scandinavian to move to, the country does have its strong points; we are mainly talking about its rich deposits of …
Home Security Systems For Myanmar Dwellers Read More
Between now and when hotelier Jonas Sjöstedt first arrived to Phuket back in 1998 as a charter tour guide, the island’s tourism and overall development has been dramatic. Meanwhile the …
Hotelier Jonas: High Quality Puts Patong on the World Map Read MoreThe Chinese company BYD – Build Your Dreams – will soon use Denmark as test marked for two newly developed electrical busses. BYD is a high-tech market leader, specialising in …
Chinese Electrical Busses to be Tested in Denmark Read MoreChina’s Beijing Automotive Industry Holding Co. (BAIC) announced Wednesday that it had purchased all equipment and technologies from a Swedish transmission plant for 31 million euros (about 42.5 million U.S. …
China’s BAIC Buys Assets of Swedish Transmission Plant Read MoreChinese officials say Volvo Car Corp. plans a manufacturing base in the western Chinese city of Chengdu as it aims for expansion in the world’s biggest auto market following its …
Volvo Planning Factory in Western China’s Chengdu Read More
Designers Field had Grand Opening in Silom Thursday 17. The company is founded by the two Danes, Kenn Thaysen and Julie Ploger. Local media and potential custumers found their way …
Scandinavian Design now in Silom Read MoreThis is the remark of Finnish Ambassador to Vietnam Pekka Hyvonen during the New Year talk with Vietnam Business Forum reporter Nguyen Mai about economic and cultural cooperation relations between …
Finnish Ambassador: Vietnamese People Work Hard Read More
Danish designer kitchen KVIK celebrated on Wednesday 16 February 2011 the official opening of the new showroom in Hua Hin with a party for friends and business relatives. The owner …
Danish Kvik Kitchen Showroom Opening in Hua Hin Read MoreThailand’s first low-carbon and eco-friendly community, similar to Samso Island in Denmark and Pulau Ubin off Singapore, is taking shape on Phaluai island in Surat Thani. Koh Phaluai, 20 kilometres …
Glimpse of the Future Read More
So far, it has been eleven good years. That is how Erik Lund describes his time in Malaysia. He lives on the island of Penang, close to the Thai-Malaysian border, …
Eleven Good Years in Malaysia Read MoreThe Swedish Development Cooperation Section in Phnom Penh was upgraded to an Embassy in August 2010. Sweden thus became the first Scandinavian country to appoint an Ambassador to Cambodia, Anne …
Confidence in the Cambodian People Read MoreSweden decided on Wednesday to give a state guarantee for a loan worth 3.55 billion crowns ($521 million) to Volvo Cars, owned by China’s Zhejiang Geely Holding Corp, from the …
Sweden Guarantees $500 mln EIB Loan to Volvo Cars Read MoreSweden-based private equity group EQT has acquired 30 per cent of Chinese aluminium part manufacturer Modern Metal and Precision Holdings. EQT’s equity will be provided through a new share issue. …
EQT Takes Stake in Chinese Modern Metal Read MoreDanish start-up electric car designer Fisker Automotive is negotiating a deal to sell its luxury, plug-in Karma model in China and remains open to partnerships with larger rivals, Chief Executive …
Fisker to Sell in China, Open to Partner Read More