Scandinavian Business in Asia News

EV cars in Norway account for more than half of the entire auto market

Clean transport transition is well underway and sales of plug-in electric cars have increased significantly in 2020 in the world’s two biggest markets, Europe and China.  Europe is led by Norway where plug-in electric cars now account for 54 percent of the entire auto market. China and Europe have, with both the market’s combative attitude…

HK Fashion and lifestyle platform Azalvo and Jumpstart co-organize a free 12-week online accelerator course for Startups

Hong Kong’s fashion and lifestyle incubation platform Azalvo together with Jumpstart are co-organizing a free 12-week online accelerator course. This project is with a goal of helping teams to 20x their revenue, get commercial contracts and extend their network to Asia. In addition, their strong mentor and investor network is second to none. This is…

Covid-19 vaccine is not mandatory in Malaysia

According to Khairy Jamaluddin, Minister of science, technology, and innovation, the Malaysian government has no plans of making Covid-19 vaccinations mandatory. Malaysia has been placed under a nationwide emergency until 1 August to curb the pandemic and this has raised concern by some quarters, that the Malaysian government can make the vaccine compulsory under emergency…

ABB contributing to accelerate COVID-19 vaccine development in Thailand.

On 14 January 2021, ABB, the Swiss-Swedish company released an update on Vaccine development collaboration with the Faculty of Engineering at Thailand’s Mahidol University and the Institute of Molecular Biosciences. The AI-Immunizer system uses ABB’s IRB 1100 industrial robot and a dual arm YuMi® collaborative robot to assist with key tasks involved in vaccine testing…

Swedish Greencarrier explains why there are not enough containers

The coronavirus pandemic has turned the world upside down, writes the Swedish headquartered global logistics company Greencarrier. An unpredictable fallout has been a shortage of containers. During a pandemic like this, we are absolutely dependent on the shipping industry to transport food, medicine, and other necessities across borders. And the shipping industry is absolutely dependent…

Marimekko Hong Kong release limited collection for Chinese New Year

Marimekko Hong Kong released on 18 January 2021 the fashion company’s new Chinese New Year Limited Series and giveaway games on their Instagram account, as follow: The next month is coming to the Lunar New Year, and I believe this year, everyone wants to send the old and welcome the new The Marimekko, which will…

Import of Norwegian seafood remains solid in Thailand

Thailand still imports Norwegian seafood despite the pandemic with Norwegian Salmon at the top of the list. A new report from the Norwegian Seafood Council (NSC) shows that the export of salmonids to Thailand has remained solid through the pandemic. The new figures show that it’s only seen a 1 percent decline in the volume…

Danish app offers a way to rescue delicious, unsold food from local shops and restaurants

The Danish company, Too Good To Go, is an app where consumers can purchase food that would otherwise be thrown away, and instead pick up the food at cut-down prices. Overall, one-third of food produced today is either lost or wasted, and the investors see big potential. This idea could potentially turn into a good…

Latest global mental health statistic is a warning to workers abroad

According to a YouGov survey released in December 2020, suffering from mental health problems including depression and anxiety differentiates according to the country of residence. This is something businesses with overseas workers have to consider. Sarah Dennis, Head of International at Towergate Health & Protection, comments that mental health issues have become a greater problem…

Danish pension fund becomes main investor in new SE Asia-focused Women’s Fund

Paedagogernes Pension (PBU), a Danish pension fund for teaching staff in child institutions, is supporting women’s independence and rights in Asia by becoming the main investor in a newly established fund ‘SEAF Women’s Economic Empowerment Fund (SWEEF). According to PBU’s press release, the pension scheme has invested DKK 100 million in the fund SWEEF, an…