Business in Asia - Page 16 of 142

Danish-owned Kubikle rolls out innovation to deliver space-efficient, customisable living spaces

February 9, 2025February 23, 2025 - by Joakim Persson - 1 Comment

Its ‘Micro housing’ is making inroads in Oceanian countries Despite all the hardships, many new businesses and ideas could be brought to fruition as a result of Covid-19. Kubikle, a …

Denmark / General news / Norway / Sweden / Thailand / Trading & Logistics

Fimue Coffee & Music Social Club brings Nordic vintage charm to Chiang Mai

February 9, 2025February 10, 2025 - by Kanlayakorn Pengrattana - Leave a Comment

Fimue Coffee & Music Social Club, a new café and community space, celebrated its grand opening on Sunday, 9 February 2025, in the heart of Chiang Mai. The event welcomed …

Business in Asia / China / Denmark / Energy / Taiwan

Ørsted CFO: Asia remains key focus

February 8, 2025 - by Gregers Møller - Leave a Comment

In a recent interview with Recharge, Trond Westlie, Ørsted’s Chief Financial Officer, emphasized that the current market for offshore wind assets favors buyers. He noted that selling stakes in offshore …

China / General news / Hong Kong / Indonesia / Singapore / Thailand / Trading & Logistics

Danish hearing technology gains global traction, eyes Asian markets

February 8, 2025 - by Gregers Møller - Leave a Comment

Denmark’s hearing technology sector continues to make strides globally, with its latest innovations gaining attention for their impact on hearing health. Danish companies, known for their cutting-edge advancements in hearing …

China / Finland / General news / Hong Kong / Singapore / Taiwan / Thailand / Trading & Logistics

Finnair: Up to 90 pilots could lose their job

February 8, 2025 - by Gregers Møller - Leave a Comment

Finnair has announced that up to 90 pilots could face job cuts unless negotiations with unions lead to an agreement on increased standby duties and overtime work. The Finnish airline, …

Business in Asia / Estonia / Sweden / Textile / Vietnam

Swedish textile technology at international trade fair in Vietnam

February 8, 2025 - by Gregers Møller - Leave a Comment

The Vietnam International Trade Fair for Apparel, Textiles, and Textile Technologies (VIATT) is set to take place in Ho Chi Minh City from February 26–28, 2025, bringing together industry leaders …

Agriculture, fishing, forestry / Business in Asia / China / Sweden

Chinese-Swedish research breakthrough creates rice with 70% lower methane emissions

February 8, 2025 - by Rhema Morales - 1 Comment

A groundbreaking collaboration between Chinese and Swedish scientists has resulted in the development of a new rice variety that could significantly reduce global methane emissions while maintaining high yields. The …

Business in Asia / China / Finland / Retail & Wholesale

Finnish flea market chain takes stand against Chinese fast fashion

February 8, 2025 - by Rhema Morales - Leave a Comment

A popular Finnish flea market chain, Jussin Jättikirpis, has implemented a groundbreaking ban on fast fashion items at their locations, with their Porvoo branch leading the initiative against quickly produced, …

Business in Asia / China / Healthcare / Sweden

AstraZeneca reassures investors as China tax probe impact appears limited

February 8, 2025 - by Rhema Morales - Leave a Comment

AstraZeneca announced that it could face a fine of up to $4.5 million in China over suspected unpaid import taxes, a figure significantly lower than some investors had feared. The …

Business in Asia / China / Healthcare / Sweden

Nordic investors seek clarity on AstraZeneca’s China investigations

February 8, 2025January 18, 2026 - by Avi Jagota - Leave a Comment

The Anglo-Swedish pharmaceutical giant AstraZeneca faces mounting pressure from shareholders regarding ongoing investigations in China, one of its key markets. The concerns emerged after the detention of Leon Wang, the …

Finland / Innovation & Technology / IT Telecom / Singapore

StarHub and Nokia launch Singapore’s first nationwide 10 Gbps broadband network

February 6, 2025February 6, 2025 - by Gregers Møller - Leave a Comment

Singaporean StarHub has successfully completed its nationwide rollout of Nokia’s XGS-PON technology, enabling homes across Singapore to access 10 Gbps internet speeds. This makes StarHub the first operator in Singapore …

Automotive / Estonia / Sweden / Vietnam

Sweden’s Autoliv to open airbag cushion plant in northern Vietnam

February 6, 2025 - by Gregers Møller - Leave a Comment

Swedish automotive safety leader Autoliv, Inc. is set to start operations at its new airbag cushion plant in Quang Ninh province, northern Vietnam, in November 2025. The facility, located in …

General news / Indonesia / Norway / Trading & Logistics

First Indonesian Restaurant in Oslo opened by Ambassador

February 6, 2025February 6, 2025 - by Gregers Møller - Leave a Comment

Oslo welcomed on 30 January 2025 its first Indonesian restaurant, Boboko, located in the Vika Nationaltheatret area at Via Village. The grand opening was graced by the presence of Indonesian …

Business in Asia / Sweden / Textile / Vietnam

Vietnam’s textile industry eyes Nordic market with sustainability and cultural heritage

February 5, 2025 - by Rhema Morales - Leave a Comment

Vietnam’s textile and garment sector has the potential to strengthen its presence in the Nordic market by integrating sustainability with traditional craftsmanship, according to Nguyen Thi Hoang Thuy, Trade Counselor …

China / Denmark / Food & Beverage / Malaysia

Carlsberg unveils limited-edition design for Lunar New Year campaign across Asia

February 5, 2025 - by Rhema Morales - Leave a Comment

Carlsberg is celebrating the Year of the Snake with a specially designed limited-edition look for its beer, created in collaboration with the artistic duo 1983ASIA. The Danish brewer has launched …

Business in Asia / Denmark / Estonia / Finland / Iceland / Norway / Sweden / Vietnam

Vietnamese labor export firms target Nordic markets for growth

February 3, 2025 - by Gregers Møller - Leave a Comment

Vietnamese labor export companies are increasingly exploring new markets, including the Nordic countries, to provide job opportunities for workers. For instance, East Sea Labor Export, Services, and Trade (Estrala) in …

Business in Asia / Denmark / Estonia / Finland / Iceland / Norway / Sustainability / Sweden / Trading & Logistics / Vietnam

Vietnamese businesses urged to expand EU exports through official channels

February 3, 2025February 3, 2025 - by Gregers Møller - Leave a Comment

Vietnamese businesses should enhance their exports to the European Union (EU) through official channels, despite the associated complexities and costs, recommends an article in VietnamPlus.vn. Senior economist Nguyen Thanh Hung …

China / General news / Sweden / Trading & Logistics

Chinese citizens suspected of drone activity over Swedish government buildings

February 3, 2025February 3, 2025 - by Gregers Møller - 1 Comment

Swedish authorities detained a Chinese citizen on 29 January 2025 after he was found operating a drone over Stockholm’s government district, according to a report by Aftonbladet. The individual was …

Vietnamese businesses need to boost green transition to meet the strict requirements of the Nordic market for organic agricultural products.

Agriculture, fishing, forestry / Business in Asia / Denmark / Finland / Iceland / Norway / Sweden / Vietnam

Nordic green transition opens doors for vietnamese exporters

January 31, 2025 - by Gregers Møller - Leave a Comment

The shift towards sustainable consumption in the Nordic countries is creating new opportunities for Vietnamese businesses, particularly in the agricultural sector. Nordic consumers are increasingly demanding organic and eco-friendly products, …

Business in Asia / China / Denmark / Transportation, maritime

Maersk secures two-year extension for China cargo transshipment operations

January 31, 2025February 1, 2025 - by Gregers Møller - Leave a Comment

Danish shipping giant Maersk has obtained a two-year extension from China’s Ministry of Transport to continue its domestic cargo transshipment operations between Chinese ports. This program, initiated in 2020, allows …

Business in Asia / Finland / Innovation & Technology / Malaysia / Manufacturing

Scanfil expands production in Malaysia to meet growing demand

January 31, 2025 - by Gregers Møller - Leave a Comment

Finnish electronics manufacturing services (EMS) provider Scanfil is expanding its operations in Malaysia with a EUR 4.3 million investment in its Johor Bahru facility. This move follows the company’s acquisition …

Finland / General news / Thailand / Trading & Logistics

Thailand and Finland discuss labor protection and visa exemptions

January 31, 2025 - by Gregers Møller - Leave a Comment

On 29 January 2025, Thai and Finnish officials met to strengthen labor protections and diplomatic cooperation. Mrs. Krongkanit Rakcharoen, Director-General of Thailand’s Department of European Affairs, welcomed Mr. Jussi Tanner, …

Finland / Hospitality / Malaysia

Sarawak Tourism Board participated at MATKA 2025 in Helsinki

January 30, 2025 - by Gregers Møller - Leave a Comment

The Sarawak Tourism Board (STB) participated in MATKA 2025, Northern Europe’s largest travel fair, held in Helsinki from January 16 to 19, 2025. The event provided an opportunity to highlight …

Denmark / Hospitality / Thailand

Sra Bua by Kiin Kiin introduces new ‘Legends of the Lotus’ dining experience

January 30, 2025 - by Gregers Møller - Leave a Comment

Sra Bua by Kiin Kiin, the Danish owned Michelin-starred Thai restaurant at Siam Kempinski Hotel Bangkok, is launching a new menu starting from 1 February 2025. The new menu – …

Denmark / Healthcare / Thailand / Trading & Logistics

Thailand and Denmark Collaborate to Transform Diabetes Management

January 30, 2025January 30, 2025 - by Khuntira Natvatananon - Leave a Comment

The Danish Embassy in Thailand, under the leadership of H.E. Mr. Danny Annan, Ambassador of Denmark to Thailand and Cambodia, recently hosted a pivotal session that marks a significant milestone …

Business in Asia / Cambodia / Retail & Wholesale / Sweden

Hestra opens facility in Phnom Penh

January 24, 2025January 24, 2025 - by Karoline Rosenkrantz Paasch - Leave a Comment

Renowned Swedish glove manufacturer Hestra officially opened its state-of-the-art facility in Phnom Penh on January 22, 2025. This new factory, situated within the Royal Phnom Penh Special Economic Zone, represents …

Business in Asia / Manufacturing / Singapore / Sweden

Volvo opens tech hub in Singapore

January 24, 2025January 24, 2025 - by Karoline Rosenkrantz Paasch - Leave a Comment

Auto giant Volvo launched a new facility in Singapore on January 22 to support its goal of becoming a fully electric carmaker and a leader in technology. Specifically, the Volvo …

Business in Asia / China / Denmark / Food & Beverage

Danish Crown plans to sell Chinese facility

January 24, 2025January 24, 2025 - by Karoline Rosenkrantz Paasch - Leave a Comment

Danish Crown, the major pork processing company, announced its decision to sell its facility in Pinghu, China. A company spokesperson confirmed the news, stating that the factory “didn’t develop in …

China / Norway / Singapore / Sustainability

Norwegian CO2 carrier embarks on maiden voyage for carbon capture

January 21, 2025 - by Karoline Rosenkrantz Paasch - Leave a Comment

The vibrant purple and turquoise vessel, Northern Pathfinder, is ready for its maiden voyage to Norway. It docked at Tanjong Pagar Terminal in Singapore on January 16 and 17. This …

Business in Asia / Construction, infrastructure / Denmark / Thailand

PD House introduces Danish “Bubble Deck” technology for homes in Thailand

January 21, 2025 - by Karoline Rosenkrantz Paasch - Leave a Comment

PD House actively seeks to revolutionize home building in Thailand by introducing the innovative Danish “Bubble Deck” technology. This initiative not only marks the company’s first use of Bubble Deck …

Sustainability / Sweden / Thailand

Sweden supports development of Phrae as Thailand’s sustainable wood city

January 20, 2025January 20, 2025 - by Karoline Rosenkrantz Paasch - 1 Comment

Sweden is actively promoting the transformation of Phrae province, Thailand, into a comprehensive sustainable timber city. This initiative leverages the region’s rich natural resources and artisanship in wood production, aiming …

Business in Asia / China / Norway

Central China launches first direct cargo connection to Norway

January 20, 2025January 20, 2025 - by Karoline Rosenkrantz Paasch - Leave a Comment

On January 14, 2025, SF Airlines launched its inaugural cargo flight from Ezhou City in central China’s Hubei Province to Oslo, the capital of Norway. Notably, this flight marks the …

China / Innovation & Technology / Retail & Wholesale / Sweden

Zara Launches Livestream Shopping for Chinese New Year with Bambuser’s Tech

January 17, 2025May 12, 2025 - by Anika Jagota - 1 Comment

Fashion giant Zara has teamed up with Swedish video commerce pioneer Bambuser to introduce a livestream shopping platform in China, marking a significant expansion of its digital strategy in one …

Business in Asia / China / Denmark

Users flee from TikTok to RedNote

January 16, 2025January 16, 2025 - by Miriam Soukaina Nenni - Leave a Comment

With a possible TikTok ban in the U.S., users are flocking to the Chinese app RedNote, known locally as Xiaohongshu. Over 700,000 new users joined in two days, pushing the …

Business in Asia / China / Denmark

Danish businesses explore opportunities at China Expo

January 16, 2025January 16, 2025 - by Miriam Soukaina Nenni - Leave a Comment

Danish companies are using the China International Import Expo (CIIE) to access China’s massive market. At a promotional meeting in Copenhagen, participants highlighted the event’s importance for global trade partnerships. …

Business in Asia / Energy / Finland / Singapore

Neste delivers Singapore’s first renewable diesel for marine sector

January 13, 2025January 13, 2025 - by Miriam Soukaina Nenni - Leave a Comment

Neste, a Finnish renewable fuels producer, has achieved a milestone by delivering its MY Renewable Diesel to the marine sector in Singapore. The delivery was conducted in partnership with KPI …

Business in Asia / Norway / Thailand

Sigve Brekke joins CP Group as Telecom Chief

January 13, 2025January 13, 2025 - by Miriam Soukaina Nenni - Leave a Comment

Sigve Brekke will return to Thailand’s telecommunications sector as CEO of CP Group’s Telecommunications and Digital Business Group starting March 1, 2025. Recruited by CP Group CEO Suphachai Chearavanont, Brekke …

Business in Asia / Food & Beverage / Sweden / Vietnam

Tetra Pak unveils UHT technology to transform coconut product processing

January 7, 2025January 6, 2025 - by Karoline Rosenkrantz Paasch - 1 Comment

Tetra Pak has announced the introduction of its Direct Ultra-High Temperature (UHT) technology, designed to revolutionize the processing and packaging of coconut products. This technology aims to preserve the natural …

Business in Asia / Norway / Retail & Wholesale / Thailand

Chinese electric vehicles gain market share in non tariff Norway

January 3, 2025January 3, 2025 - by Karoline Rosenkrantz Paasch - Leave a Comment

Chinese electric vehicles (EVs) have swiftly captured nearly 10% of Norway’s new car sales in just five years, according to the latest data from the country’s road federation (OFV) released …

Denmark / Healthcare / Philippines

Philippines and Denmark to Strengthen Training of Filipino Healthcare Workers

December 30, 2024December 30, 2024 - by Gregers Møller - Leave a Comment

The Philippines and Denmark are preparing a new Memorandum of Understanding (MOU) that aims to elevate the education, training, and welfare of Filipino healthcare professionals aspiring to work in Denmark. …

Agriculture, fishing, forestry / Philippines / Sweden

Sweden Gains Accreditation to Export Meat to the Philippines

December 30, 2024 - by Gregers Møller - Leave a Comment

Sweden is among four countries recently granted accreditation by the Philippines’ Department of Agriculture (DA) to export meat products to the Philippines, signaling a potential boost in trade relations between …

Denmark / Energy / Philippines / Sustainability

Denmark Leads Foreign Investment in Philippine Renewable Energy Sector

December 30, 2024 - by Gregers Møller - Leave a Comment

Denmark has emerged as the largest foreign investor in the Philippines’ renewable energy (RE) sector, with total investments amounting to PHP 416.41 billion in 2023, according to data from the …

General news / Sweden / Trading & Logistics

Swedish influencer shares safety backpacker tips for traveling in South East Asia

December 30, 2024December 30, 2024 - by Karoline Rosenkrantz Paasch - Leave a Comment

In light of recent reports of methanol poisoning among tourists in Asia, including a tragic incident in November where six people died in Laos after consuming methanol-contaminated alcohol, Swedish influencer …

Business in Asia / Philippines / Sustainability / Sweden

Okada Manila partners with Swedish firm to eliminate single-use plastic bottles

December 27, 2024 - by Karoline Rosenkrantz Paasch - Leave a Comment

Okada Manila is taking a significant step towards sustainability by eliminating single-use plastic bottles from its operations. The five-star integrated resort in Parañaque, Philippines, has announced a partnership with the …

Denmark / Finland / General news / Norway / Sweden / Thailand / Trading & Logistics

Tax payers in Thailand must include all transferred income in their tax report in 2025

December 26, 2024December 26, 2024 - by Gregers Møller - 2 Comments.

With effect from January 1, 2024, Thailand’s Revenue Department revised its interpretation of the Revenue Code, significantly impacting personal income tax liability for Thai residents with foreign-sourced income. These changes …

Denmark / General news / Thailand / Trading & Logistics

Danish victims of Tsunami will be remembered in memorial on December 26 in Phang Nga, Thailand

December 23, 2024 - by Karoline Rosenkrantz Paasch - Leave a Comment

This December 26 marks the 20th anniversary of the devastating tsunami that struck countries along the Indian Ocean, claiming over 226,000 lives. Among the victims were 46 Danish citizens, with …

Business in Asia / Norway / Singapore / Sustainability / Transportation, maritime

Nysnø and EPS Ventures invest in Zinus’ sustainable maritime solutions

December 19, 2024December 19, 2024 - by Karoline Rosenkrantz Paasch - Leave a Comment

Nysnø Climate Investments and Singapore-based Eastern Pacific Shipping Ventures (EPS Ventures) announced a NOK 50 million investment in Zinus, a leader in maritime charging and shore power solutions. This funding …

Business in Asia / Norway / Transportation, maritime / Vietnam

Ocean Infinity takes delivery of first robotic vessel from Vard, built at its Vietnam facilities

December 19, 2024December 19, 2024 - by Karoline Rosenkrantz Paasch - Leave a Comment

Ocean Infinity has announced the delivery of its first unit in a new series of 85-meter robotic vessels, which Norwegian company Vard constructed at its Vung Tau, Vietnam, facilities. Named …

Business in Asia / Food & Beverage / Singapore / Sweden

Oatly closes Singapore facility to streamline production in Europe

December 19, 2024 - by Karoline Rosenkrantz Paasch - Leave a Comment

Swedish oat milk producer Oatly announced that it will close its manufacturing facility in Singapore, the company’s first in Asia, to streamline its supply chain. This decision, revealed on December …

Business in Asia / Denmark / Thailand

Euro Creations becomes exclusive distributor for Bang & Olufsen in Thailand

December 18, 2024December 18, 2024 - by Miriam Soukaina Nenni - Leave a Comment

Euro Creations Public Company Limited (EURO) has been named the exclusive distributor of Bang & Olufsen (B&O) in Thailand. EURO will open two mono-brand showrooms, starting in 2025. The first …