Nordic News, Business and Life in Asia
H&M closes its store in Ion Orchard shopping mall in Singapore, after more than a decade at the site. “We are closing March 12, 2023,” the brand announced on its …
H&M shuts down high-profile Singapore store Read More
Coloplast is downgrading its expectations for the financial year, despite growth in the ostomy business. The Danish company states that they expect a reported revenue growth of 9-10 percent against …
Coloplast with growth in revenue, but sales in China are challenging Read More
At January 1 2023, Sweden dropped all restrictions on mink farming, caused by the excessive spread of SARS-CoV-2 in fur farms during the pandemic. Sweden’s Board of Agriculture admits, that …
Extensive criticism of the Scandinavian fur industry Read More
According to Reuters, Volvo has revealed, that they expect to launch at least six new batteri driven electric vehicles by 2026. “Volvo is planning to convert all its mainline models …
Volvo is working on biggest product revamp under Geely Read More
Xpeng, the Chinese electric vehicle startup, launched its P7 sedan and its G9 SUV in Denmark, Norway and Sweden on Friday, February 3, 2023. The Chinese company has priced its …
Chinese Tesla rival launches EVs in Scandinavian countries Read More
A report by UOB-Kay Hian indicates, that Digital Nasional Berhad (DNB) might be introducing a second network provider to deploy 5G in Malaysia along with Swedish Ericsson. According to DNB, …
Nokia to be considered as second 5G vendor in Malaysia Read More
The Swedish-based Luxury brand, with more than 60 stores globally, just opened its first store in Singapore. With the opening, the brand also makes their debut into the Southeast Asia …
Acne Studios opens first store in Singapore Read More
With the increasing number of studies detailing the impacts of fast fashion on the environment, consumers have started to move towards sustainable fashion. While it can be a minefield trying …
VIPOP is leading the way in sustainable fashion practices in Hong Kong Read More
A Norwegian study has found an extensive amount of metals and minerals ranging from copper to rare earths, authorities said on Friday. These resources are in high demand due to …
Norwegian metals might make Europe less dependent on China Read More
China’s pork consumption remains low and normalization could take up to six months, according to Danish Crown’s CEO, Jais Valeur. This is one of the main reasons why the company …
Danish Crown cuts jobs due to low Chinese pork demand Read More