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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Central Retail Corporation (CRC), Thailand’s largest retail operator, has acquired Illum, a famous Danish department store, and plans to invest two billion baht to renovate the Copenhagen store in four …
Thai firm buys Danish department store Illum Read MoreDanish telemarketing company Alpine Saleforce Ltd. celebrated on Saturday 9 March the Grand Opening of its new office building on Petchkasem Road Soi 28 in the centre of the popular …
Alpine Salesforce Celebrated Grand Opening Read MoreA.P. Moeller-Maersk A/S, owner of the world’s biggest container-shipping company, plans to add more vessels to its Singapore base after making the city-state its biggest hub after the headquarters in …
Maersk Line Adds More Ships to Singapore Base Read MoreDanish windmill giant Vestas has been chosen as the preferred supplier for a large windmill project in Burgos in the Northern Philippines. The project is set to be finished in 2014. …
Danish Vestas expected to receive large order in the Philippines Read MoreGinger is an Asian-Scandinavian lifestyle brand which is now launched by Galanga Living in Singapore. The first product series in the Ginger brand is a collection of melamine table ware and …
Galanga Living launches new brand Read More
Effective April 8, Scandinavian Airlines and Star Alliance partner Thai Airways will expand their present code-share agreement to also cover the direct routes Stockholm – Bangkok, Oslo – Bangkok and Copenhagen …
SAS and Thai expand code-share agreement to include Thai nonstop flights Scandinavia – Bangkok Read MoreCarlsberg is now realizing promises of investing heavily in Asia. The Danish brewery has put in a bid for stocks in Chongqing Brewery (CBC). Carlsberg is already the largest shareholder …
Carlsberg bids on Chinese brewery Read More
Carl Bildt, Foreign Minister of Sweden, signed on March 4, 2013 an agreement – the “joint plan of action” – with Thailand during the visit to Sweden of Thailand’s Prime …
Carl Bildt comments on Thai Swedish Agreement Read MoreFinnish-based Konecranes, the world leader in crane manufacturing and services, has positioned itself to tap growth in Indonesia and the Asia-Pacific. Konecranes chief executive Pekka Lundmark has relocated his office …
Finnish Crane Giant Eyeing Indonesia Read MoreSwedish Ericsson has received a very large order from DTAC Network for the roll-out of 3G networks in Thailand. Ericsson is one of Sweden’s largest companies and what was at …
Swedish Ericsson gets contract for 3G rollout in Thailand Read MoreUniversal Robots, a Danish developer of industrial robots, has experienced great success in Malaysia for providing its robotic technology. The company is hoping to establish its presence in the Malaysian …
Danish robots a success in Malaysia Read MoreIn Denmark, one of the biggest consumers of beer worldwide, microbreweries and craft beer have long been a big trend and it seems that every other day a new brewery …
Danish craft beer hits Thailand Read MoreFrom April 1, Danish airline SAS will no longer be flying from Scandinavia to Bangkok after having done so for 64 years and all personnel has been laid off. The Thai …
SAS shuts down in Bangkok Read More
Swedish companies, which previously had little interest in the Philippines, are expected to turn their attention to the country’s growing business process outsourcing (BPO) industry, according to Business Sweden, Malaysia …
Swedish wave expected to hit Philippines’ BPO sector Read MoreA number of Danish architect firms have won competitions in China and are now realizing big projects. Bjarke Ingels and his Big, for example, designed a 500 meter high tower …
Danish architects are in high demand in China Read MoreSwedish company Electrolux, a global leader in household appliances, has found it self in somewhat of a storm in its productions in Thailand. Representatives from Electrolux in Sweden, together with IF …
Swedish Electrolux negotiates with demonstrating Thais Read More
China has surpassed Volvo’s home country Sweden to become the automaker’s second-largest market after the US. Its January sales in China hit 4,776 units, an increase of 75.8 percent from a year ago. The company said it sold 29,614 vehiclesacross the globe in the same month. The imported mid-sized S60 sedan and imported SUV XC60 both set records for single month sales in China. Source: China Daily
Volvo: China beats Sweden Read More
Swedish food can break new grounds in China as the middle-class Chinese grow and the consumers’ behavior favor more safe food, said a Swedish sourcing company based in China. “A …
Swedish food welcomed by growing Chinese middle-class Read More
Upon the Monday (Feb 18) release of Carlsberg’s 2012 financial report, which revealed a net profit of 5.6 billion kroner, the Danish beer giant saw its stock drop by six …
Carlsberg looks to Asia after slow year Read More
Star Alliance has launched an enhanced Asia Airpass for travel across the Asian continent. “The new Asia Airpass, with its extended routing possibilities, reflects the growing desire for travellers to …
Star Alliance Introduces enhanced Asia Airpass Read MoreThe Embassy of Denmark in Thailand is hiring three new interns from August 1 till January 31. The interns will be a part of three dynamic teams in the areas Politics, …
Danish embassy in Bangkok seeking three new interns Read MoreNorwegians who wish to travel to Thailand might stand to save money in the future. This summer, Thai Airways who had had the direct route from Oslo since 2009 and …
Competition between Norwegian and Thai Airways means cheaper flights Read MoreFaced with the growing demand for oil storage, coupled with the scarcity of industrial land, Singapore’s JTC Corporation ventured underground in search of an innovative solution for more industrial space. …
Norwegian know-how contributes to underground oil storage in Singapore Read MoreA few months ago ScandAsia brought an article on how it was announced that Carlsberg would be re-entering Thailand through a new partnership with Singha brewery. Now more numbers and …
Carlsberg – Singha deal is now in place Read MoreAccording to Kopenhagen Fur, within the last year at least five Danish mink farms have been bought by Chinese investors, and this is a new tendency. “We haven’t seen this …
Chinese buy Danish mink farms Read MoreThursday, February 7, the Nordic-Chinese Chamber of Commerce (NCCC) celebrated Chinese New Year at the Mariott Hotel in Copenhagen. The turn up was big and drums, lion dance and speeches marked …
Nordic-Chinese Chamber of Commerce celebrates New Year in Copenhagen Read MoreDanes who enjoys the hobby of collecting newly pressed stamps are becoming a small group. Post Danmark Stamps who produce stamps to collectors say that their number of members have …
Post Danmark reaching for Chinese stamp collectors Read More
The first big Western oil company has made a move to bid for a license to explore for gas and oil in Myanmar’s coastal waters, the Irrawaddee reports. Norwegian government-linked …
Norway’s Statoil in talks to explore Myanmar Read MoreIn Denmark in 2012 688 jobs that were set to be cancelled were saved by foreign investments. The Asian investors were the big players and especially China saved many Danes …
Chinese investments save Danish jobs Read MoreThe Danish Embassy in Bangkok is one of the busiest representations of the foreign service where a large number of travelling or settled Danes need to be serviced. The embassy …
Embassy of Denmark in Bangkok looking for new employees Read More
Lego, the Danish maker of colorful toy bricks, said Tuesday it would cut 380 jobs at its main plant in Denmark by 2015 as it moves its packaging activities abroad …
Lego to cut 380 jobs in Denmark, moves abroad Read More
China is set to overtake Germany as the largest market for Hennes & Mauritz (H&M), the world’s second-largest apparel retailer, a fashion website reports. It is because the pace of …
China soon to replace Germany as H&M’s largest market Read More
On billboards across Beijing, in subway stations and on banners outside its stores, China Mobile Ltd. is inviting subscribers to “Change Phones for the New Year!” with Nokia Oyj’s Lumia …
Nokia’s Chinese New Year goal might fall due to ‘delivery shortages’ Read MoreChinese windmill company Envision is chasing foothold on the European market and Danish knowledge is key. Right now the EWEA-windmill fair in Vienna is taking place. Present is Envision who with …
Chinese use Danish expertise to enter European market Read More
Oslo now ranks the forth most expensive city to live in among all cities in the world, up 1 place compared with last year’s ranking, a survey conducted by The Economist …
Oslo 4th most expensive city to live in; Singapore ranked 6th Read MoreDanish produced Chinese shoes are a hit. Ulla Hentze has taken the traditional Gong Fu shoe also known simply as “China shoes” and given it a Scandinavian design. It has …
Dane reinvents Chinese shoes Read MoreOne of the largest companies in Sweden that produce glass screens for touch screens used in tablets, smartphones and laptops will be setting up shop in Malmö. Zhonghuan Hi-Tech will act …
One of China’s largest companies has chosen Malmö as the location for its European headquarters. Read More
This year Finnair celebrates 90 years of operation. Mr. Nick Naung Naung, Finnair’s Country Sales Manager based in Singapore, shares the airline’s vision and its success story. …
Finnair marks 90th anniversary Read MoreDuring a breakfast seminar on Jan 29 at the Swedish embassy, Mr Peter Cederholm, the Market Unit Manager Vietnam presented the findings to representatives of Swedish businesses. The Swedish Ambassador, …
Business Sweden reveals Vietnam’s market analysis Read More
The state-run Dairy Farming Promotion Organization of Thailand (DPO), maker of the Thai-Danish milk brand, is moving into other Asean markets with the hope of developing regional recognition, according to …
Thai-Danish milk company enters Asean market Read MoreThe Danish brewery Carlsberg is moving into Myanmar calling it an important milestone in an expansion adventure in Asia. “We have been following the development in Myanmar closely and have …
Carlsberg starts brewing beer in Myanmar Read MoreEven though Denmark, Sweden, Norway and Finland are neighbours there is a big difference in management between the Nordic countries. Gillian Warner-Søderholm, who teaches at The Institute of Communications, Culture …
Scandinavian management – The four types of Viking bosses Read More
Finnair’s partner Malaysia Airlines becomes a full member of the oneworld alliance on Feb 1 following their code-share agreement that began in November last year. The 125 million members of …
Malaysia Airlines becomes oneworld alliance member Read MoreDong Feng, owners of a Chinese truckmaker in which Volvo recently purchased a 45 percent stake, has been blacklisted by a major Swedish state pension fund for allegedly violating a United Nations …
Volvo partner blacklisted by Swedish state pension fund Read MoreThe Danish toy giant Lego is considering to start its production base in Asia. “There are many places we are considering the options: Malaysia, Indonesia and Thailand, and China,” Lego head of …
Lego can be ‘Made in China’ Read More
Nokia on Jan 29 has green-lit another $250m in investment into mobile ecosystem development, with the company’s Nokia Growth Partners venture firm targeting China as an area of huge potential growth, a …
Nokia invests $250 million in venture funding with China focus Read MoreDanish luxury stereo and television maker Bang & Olufsen said on Jan 29 it had signed a deal with Chinese partner Sparkle Roll to open more than 50 new stores …
B&O partner to open 50 ‘Play’ stores in China Read More
Hanoi brewery Habeco and Denmark-backed brewery Carlsberg are negotiating for a higher-level strategic cooperation deal, according to Vietnam Investment Review. The local press stated that under the potential deal, Carlsberg …
Carlsberg set to raise presence in Vietnam brewery Read MoreMonday the 28th of January the opening ceremony of Grundfos China concept store was held at the store location at Daning Central Square, Zhabei District in Shanghai. The ceremony featured …
Opening ceremony of Grundfos concept store in Shanghai Read MoreSwedish truckmaker Volvo claims to have become the largest global manufacturer of heavy trucks after completing the purchase of 45 percent of Chinese firm Dongfeng Commercial Vehicles (DFCV), Swedish The Local reported. …
Volvo to become world’s largest truck maker with Dongfeng Read More