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.
Copenhagen Infrastructure Partners (CIP), through its Growth Markets Fund II, has signed an agreement with ACEN, the listed energy platform of the Ayala Group, to sell a 25% minority stake …
Copenhagen Infrastructure Partners and ACEN join forces on offshore wind project in the Philippines Read More
Thai Airways has joined hands with Seafood from Norway to launch the campaign “From Sea to Sky: 120 Years of Friendship”, marking 120 years of diplomatic relations between Thailand and …
Thai Airways and Seafood from Norway partner to boost Thailand as seafood export hub Read More
The Thai-Norwegian Chamber of Commerce (TNCC), in cooperation with the Joint Foreign Chambers of Commerce in Thailand (JFCCT), will host an upcoming networking event titled “Automate or Be Automated – …
Thai-Norwegian Chamber co-hosts AI networking event for entrepreneurs Read More
In the region he has already called home for the past decade, Emil Akander was in early 2025 appointed by Business Sweden (BuS) as Vice President and Head of Region …
Emil Akander, Business Sweden, Asia-Pacific: Sweden’s biggest economic growth potential at the crossroads of emerging economies and the world’s major economies Read More
Volvo Cars announced on 21 May 2025 an expanded partnership with Google to accelerate the rollout of Android Automotive OS innovations, including the integration of Google’s new conversational AI, Gemini. …
Volvo Cars expands partnership with Google AI integration Read More
At ITB Asia (travel trade show) in Singapore Peter Stenberg represents his Kota Kinabalu-based Rustic Travel. As a buyer, he there meets with various hospitality groups and local tour operators, …
Destination management specialist Peter Stenberg thrives and expands within the world of travel Read More
During his recent high-level visit to China, Danish Minister for Foreign Affairs Lars Løkke Rasmussen visited Danfoss’ factory in Tianjin to mark 75 years of diplomatic relations between Denmark and …
Danish foreign minister visits Danfoss factory in Tianjin during China trip Read More
Thailand’s Electricity Generating Authority (EGAT) and Sweden are joining forces to accelerate the green energy transition through the “Pioneer the Possible Thailand 2025” initiative, launched on Monday 20 May 2025 …
Sweden and EGAT deepen partnership for green energy transition in Thailand Read More
Swedish-Swiss technology company ABB has been awarded the 2025 SwedCham Honorary Award by the Swedish Chamber of Commerce in China, recognizing its significant contributions to strengthening trade and industrial cooperation …
ABB receives 2025 SwedCham Honorary Award for leadership in sustainable industry in China Read More
An average Swede eats about 15 kilograms of candy per year and Sweden has the highest candy consumption in the world, largely due to the tradition of “lördagsgodis” (Saturday candy …
When the craving for something sweet hits! Read More
Indonesia and Denmark have reaffirmed their commitment to strengthening cooperation in offshore wind development, aiming to support Indonesia’s transition to renewable energy and advance marine spatial planning efforts. The discussions …
Indonesia and Denmark explore offshore wind cooperation for blue economy goals Read More
Finnish fashion and design brand Marimekko reported net sales of €39.6 million (approximately $42.9 million) for the first quarter of 2025, reflecting a 5 percent increase year-over-year. The growth was …
Marimekko reports Q1 sales of $42.9 million, continues expansion in Asia-Pacific Read More
Finnish underground technology specialist Normet Group has announced that it will redeem a 30-million-euro hybrid bond originally issued on 19 May 2023. The redemption will take place on 19 June …
Normet announces bond redemption as operations continue across Southeast Asia Read More
Denmark reaffirmed its support for the Philippines’ ambition to become a global leader in shipbuilding during a virtual seminar co-hosted with the Philippine government on revitalizing the country’s maritime industry. …
Denmark supports Philippines in revitalizing shipbuilding industry Read More
Aiming to strengthen bilateral trade relations and navigate rising global protectionism, the Embassy of Sweden and the Thai Ministry of Commerce will co-host the Sweden–Thailand Trade Dialogue: Freer, Cleaner & …
Sweden and Thailand to hold high-level dialogue on freer and greener trade Read More
Thailand is intensifying its promotion of digital economy opportunities to Nordic investors with a new webinar organised by the Thailand Board of Investment’s (BOI) Nordic office. The online event, titled …
Thailand showcases digital economy opportunities in Nordic-focused webinar Read More
The Royal Danish Embassy and Novo Nordisk co-hosted the first Danish-Thai Obesity Policy Forum to address Thailand’s rising obesity crisis, which affects over 40% of the population and could cost …
Novo Nordisk and Danish Embassy lead obesity forum in Thailand Read More
Thai energy group BANPU has partnered with Denmark’s Copenhagen Infrastructure Partners (CIP) to launch a joint venture focused on carbon capture, utilization, and storage (CCUS) in the United States, starting …
BANPU and Denmark’s CIP launch $500 million carbon capture venture in the U.S. Read More
China has expressed strong interest in increasing imports of high-quality goods and advanced technologies from Finland, highlighting a new chapter in trade cooperation between the two countries. During a meeting …
China to expand imports of high-quality Finnish products and technologies Read More
TikTok has launched a new European data center in Finland, marking a key step in its strategy to localize data storage for European users. The facility, located in Haminanmaa, is …
TikTok opens first European data center in Finland Read More
In April 2025, Norway’s seafood exports reached a record high, totaling 14.3 billion Norwegian kroner (approximately 1.33 billion U.S. dollars). This marked a 2% increase compared to the same month …
Norwegian seafood exports to China reach record in April Read More
Finland’s Arctic Blue Beverages has once again made a splash on the global stage, taking home a Double Gold and four Silver medals at the 2025 San Francisco World Spirits …
Arctic Blue Beverages wins Double Gold in San Francisco for fourth time Read More
Danish jewellery giant Pandora, which manufactures most of its products in Thailand, reported an 11% increase in like-for-like sales in the United States in the first quarter of 2025, according …
Danish Pandora reports strong Q1 growth in US Read More
Singapore’s Defence Science and Technology Agency (DSTA) has signed a Memorandum of Understanding (MoU) with Denmark’s Odense Maritime Technology Group (OMT) to explore the application of additive manufacturing (3D printing) …
Singapore’s DSTA signs new deal with Denmark’s OMT Read More
The Danish founded Saxo Bank’s Singapore operations have seen a major boost in 2024, with the firm reporting that assets managed through its External Asset Manager (EAM) segment have doubled …
Saxo Singapore reports strong 2024 growth as EAM assets surge Read More
Throughout May 2025, IKEA Thailand is celebrating the return of its popular Salmon Festival, highlighting sustainable Norwegian seafood through a fusion of Thai and Scandinavian culinary traditions. In collaboration with …
Norwegian salmon festival returns to IKEA Thailand this May Read More
Volvo Cars reported an operating income of SEK 1.9 billion for the first quarter of 2025, down sharply from SEK 4.7 billion in the same quarter last year. The result …
Volvo Cars announces SEK 1.9 billion profit in Q1 and launches cost-saving plan Read More
Denmark and Vietnam brought together experts from relevant Vietnamese and Danish authorities regarding sustainable farming practices, with a special focus on organic agriculture. The format was a webinar held on …
Denmark-Vietnam webinar on organic agriculture Read More
The Norwegian Business Association Singapore (NBAS) hosted the first NBAS Tech Circle Seminar of 2025 on Wednesday 23 April, focusing on customer-centric innovation and practical strategies for breakthrough solutions. Held …
Norwegian business community explores customer-centric innovation in Singapore Read More
The Embassy of Denmark in the Philippines, in collaboration with the Philippine Department of Transportation and the Anti-Red Tape Authority, is set to co-host a virtual seminar titled “Revitalizing Philippine …
Denmark to co-host virtual seminar on revitalizing Philippine shipbuilding industry Read More
The Danish Chamber of Commerce Malaysia (DanCham) took part in a high-level networking reception on Tuesday 22 April 2025, highlighting recent progress in green collaboration between Denmark and Malaysia. The …
Denmark and Malaysia strengthen green transition alliance Read More
The Thai-Swedish Chamber of Commerce (SweCham) is exploring potential collaboration with Axis Communications, a global leader in network video and security solutions with strong Swedish roots. On Wednesday 23 April …
Thai-Swedish Chamber explores collaboration with Axis Communications in Thailand Read More
Denmark has strengthened its food trade with China through three new export protocols, signed during the visit by Denmark’s Minister for Food, Agriculture and Fisheries, Jacob Jensen, to Beijing 21-22 …
Denmark signs new food export deals with China, boosting access for fish, barley and horse feed Read More
The Norwegian Training Center (NTC) marked its 35th anniversary on Thursday 24 April 2025 with a conference and celebration at the Peninsula Manila Hotel, highlighting three and a half decades …
Norwegian Training Center celebrates 35 years of maritime excellence in the Philippines Read More
Many international businesses turn to China for manufacturing due to cost efficiency and production infrastructure. However, managing operations overseas can raise challenges for maintaining a strong U.S. presence. How can …
Running Manufacturing in China While Maintaining U.S. Market Presence Read More
In response to Thailand’s growing cashless society, IKEA has announced it will stop accepting cash payments at some of its stores, effective April 21, 2025. Social media users have shared …
IKEA Announces It Will No Longer Accept Cash Starting April 21, 2025 Read More
Danish brewer Carlsberg is stepping up its efforts in Myanmar’s beer market, where international players are gaining ground amid shifting consumer preferences following the 2021 military coup. According to a …
Carlsberg expands presence in Myanmar beer market Read More
On Wednesday 17 April 2025, Danish shipping company Norden and its Chinese partner Baosheng HK celebrated the start of construction on a new multipurpose cargo vessel (MPP) with a ceremonial …
Norden marks construction milestone for new multipurpose vessel in China Read More
At the Boao Forum for Asia (BFA) Annual Conference 2025, over 1,000 delegates from more than 60 countries and regions convened to discuss openness and investment in the Hainan Free …
Norwegian professor highlights business potential of Hainan at Boao Forum Read More
Danish companies are among the early foreign investors expressing serious interest in the new Johor-Singapore Special Economic Zone (JS-SEZ), with particular focus on the medical and pharmaceutical sectors, according to …
Danish firms eye Johor-Singapore Special Economic Zone for investments Read More
The Norwegian Business Association Singapore (NBAS) will host its first Tech Circle Seminar of 2025 on Tuesday 23 April, focusing on customer-centric innovation and how companies can embed innovation into …
Norwegian innovators in Singapore to share strategies Read More
A coalition of Swedish business chambers across the Asia-Pacific region is hosting a webinar to examine the consequences of recent US tariffs on global supply chains, with a special focus …
Swedish chambers to assess US tariff impact on Asia supply chains Read More
As part of Shanghai Climate Week, the Nordic countries Denmark, Finland, and Norway are uniting to host “Nordics for Climate Action: Nordic Sustainability Day 2025” on April 23 at Studio …
Nordic Sustainability Day 2025 in Shanghai Read More
Sweden’s Ambassador to the Philippines, Anna Ferry, recently visited Transcom Asia, the largest Swedish company in the country, marking her first official visit to the firm’s Philippine operations. Accompanied by …
Swedish ambassador visits largest Swedish employer in the Philippines Read More
The Swedish Ambassador to Vietnam, Johan Ndisi, has underlined the importance of placing social responsibility at the core of sustainable business practices during a recent seminar in Hanoi on environmental, …
Sweden highlights social responsibility in ESG at Vietnam seminar Read More
Hong Kong’s Centre for Food Safety (CFS) has suspended the import of poultry meat and products, including eggs, from Vesthimmerland Municipality in Denmark following an outbreak of highly pathogenic H5N1 …
Hong Kong suspends poultry imports from Danish municipality after bird flu outbreak Read More
The LEGO Group (Denmark) inaugurated on 9 April 2025, in collaboration with the People’s Committee of Binh Duong Province, officially the LEGO Manufacturing Vietnam plant at the VSIP III Industrial …
LEGO Inaugurates $1.3 Billion Manufacturing Plant in Binh Duong, Vietnam Read More
Denmark has made a strategic return to Malaysia, rebuilding its diplomatic presence with renewed ambition. Leading this resurgence is H.E. Kirstine Vangkilde Berner, a seasoned diplomat with two decades of …
Denmark is back on the scene: new embassy and Ambassador in Kuala Lumpur Read More
Sweden, Denmark and Norway are among the European countries contributing to Vietnam’s record-breaking number of international tourist arrivals in early 2025. Vietnam welcomed over 6 million foreign visitors in the …
Nordic tourists among fastest-growing visitor groups to Vietnam Read More
The Embassy of Sweden in Hanoi hosted a regional promotion meeting on Tuesday 2 and Wednesday 3 April 2025, bringing together 50 Swedish diplomats and colleagues from Stockholm and across …
Swedish embassies across Asia-Pacific meet in Hanoi to strengthen regional collaboration Read More