Nordic News, Business and Life in Asia
Danish Novo Nordisk reported Thursday, May 4, a 39% increase in first-quarter profits, due to the company’s sales of obesity treatments. From January to March, net profit reached 19.8 billion …
Novo Nordisk experience big profit rise due to obesity treatments Read More
Shanghai-listed Putailai (PLT) is is investing $1.3bn in a Swedish factory. The factory will be Europe’s largest factory for manufacturing anodes, a crucial part of the batteries that go into …
Chinese company to build Europe’s largest anode factory in Sweden Read More
The Chinese-owned Volvo Cars of Sweden announced on Thursday, 4 May 2023, that it will cut 1,300 office positions or about six percent of its employees in Sweden in an …
Volvo to cut 1,300 office jobs in Sweden to reduce costs Read More
The Norwegian telecom giant Telenor reported on Thursday, 4 May 2023 that its first-quarter earnings are in line with expectations. As the Analysts polled in a Refinitiv survey on average …
Telenor earnings in first quarter in line with expectations Read More
Malaysia will adopt a dual network model for its 5G rollout, the country said in a statement Wednesday, May 3. The decision is the latest by Prime Minister Anwar Ibrahim’s …
Malaysia to End 5G Monopoly Read More
Danish jewelry maker Pandora will slow down a planned country-wide relaunch of its brand in China. According to the company’s CEO, the plans has been paused since customer demands has …
Pandora slows down brand relaunch in China Read More
Sweden-based Volvo Cars said on Wednesday, May 3, that sales increased by 10% in April to 51,976 cars. The rise in sales are mainly boosted by strong gains in China. …
Volvo sales grow 10% in April due to high demand in China Read More
Swedish sportswear brand Craft has entered the Thai market and opened its first flagship store in Bangkok. Craft Sportswear Thailand Co was recently established. The company has registered capital of …
Swedish sportswear brand has launched first flagship store in Bangkok Read More
An amazing lot of people followed Johan Davidsson’s invitation to come and celebrate the night with him and his staff at Iron Fairies. Johan said, that he was really worried, …
Legendary Iron Fairies at a new location, Grand Opening! Read More
SAS will reopen a route from Copenhagen to Bangkok, the capital of Thailand. The airline announced the news in a press release on Tuesday, May 2. The announcement of the …
SAS will reopen Bangkok route Read More