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.
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The amount of agricultural trainees in Denmark from Vietnam has almost quadrupled since 2021. Many agriculture trainees in Denmark used to be from Ukraine, but since the start of the …
Vietnamese agricultural trainees replace Ukrainian trainees in Denmark Read More
The Swedish Club, a maritime insurance company, extends their PEME health screening program for seafarers to three additional countries: Indonesia, Ukraine and India. The PEME, Pre-Employment Medical Examination, program helps …
The Swedish Club extends health screening to Indonesia Read More
The Danish Embassy in Thailand hosted an information meeting last week to prepare companies for the new rule for visa requirements for foreign workers in Denmark working for Danish companies …
The Danish Embassy in Thailand hosted info event for businesses Read More
The Norwegian Business Association in Singapore, also known as NBAS, announced their new member Bluco yesterday, 26 February 2024. Bluco is the creator of GARDR, which creates skincare for men …
NBAS welcomes new member with connections to Norway Read More
The Philippines’ Board of Investments (BOI) has made a significant move towards bolstering renewable energy by investing in off-shore wind energy. BOI has granted an expedited certificate for a P329 …
The Philippines embraces Danish partnership in wind energy Read More
The Myanmar Government has decided to put a stop to new licenses for offshore trawling in the Taninthayi Region fishing industry. This decision has been made due to several investigations …
Myanmar makes environmental move after Norwegian research Read More
The Swedish vendor Ericsson will upgrade Malaysia’s 5G network to 5G Advanced. This will, according to the vendor, open new features and capabilities which will attract adoption from enterprises. David …
Swedish Ericsson updates network in Malaysia Read More
One out of ten of the orders placed in international web shops by Danes are on items from China, according to latest Danish Profession- and Trading analysis. Helen Amundsen, senior …
Danes love Chinese products Read More
The Mandarin Oriental has invited Swedish chef Sayan Isaksson to showcase his food from 26 February 2024 to 3 March 2024. The theme of the eating experience is “Simply Scandinavian”. …
Swedish chef returns to Kuala Lumpur Read More
The business manager, Marmelia Dewi, at PT Pertamina Geothermal Energy in Indonesia shared her experience participating in leadership programs hosted by Swedish Institute (SI) “I was inspired by the way …
Indonesian business manager praises Swedish leadership program Read More
The Norwegian company Telenor, one of the four mobile operators in Myanmar, complied with an order from the Myanmar telecommunication Ministry, which asked them to stop a website from spreading …
Telenor blocks controversial website in Myanmar Read More
The Royal Thai Air Force is planning on buying 12 new fighter jets, and their main choice is between US F-16 or the Swedish Gripen. They are acquiring new jets …
Thai Air Force choosing between Swedish and American jets Read More
The Danish-Filipino company Phinl Corp.’s climate-controlled tulips are now in bloom in Maddela in the Philippines. It is the first fully contained and computer controlled indoor hydroponic tulip farm in …
Danish-Filipino climate controlled tulips in bloom Read More
Laos is making it mandatory for foreign investors to create a local bank account within 15 days of getting their business license. This new rule has applied since 10 February …
Foreign investors are now required to have Laos bank account Read More
The Norwegian company Nordic Aqua Partners prepares for their first harvest in their land-based salmon farm in Gaotang, Ningbo in eastern China. According to the company, the test slaughter produced …
Norwegian salmon farm prepares for first harvest in China Read More
Viking Cruise Line will be the first to operate domestic sailing in China for international travelers. “We are proud that Viking will be the first to operate domestic sailings in …
Scandinavian cruise ship will bring foreign travelers to China Read More
Norway has announced a multi-year green maritime program primarily targeting Singapore, but also other Southeast Asian countries. The program is called The Singapore Green Maritime High Potential Opportunities (HPO) program. …
Norway begins green maritime export campaign in Singapore Read More
A sum of RM100 million is owed to the Malaysian government for unpaid medical bills by foreigners. The foreigners owing the money are spread across 38 countries. In Southeast Asia …
Foreigners owe Malaysia large sum of money Read More
China Merchants Jinling Shipyard has accepted a contract to build two additional ice-class tankers for Swedish shipowner Furetank. These two vessels will be additional in a series provided. The tankers …
China will provide Sweden with new ships Read More
The popular yellow play device is now officially available in Norway, Sweden, Singapore and Malaysia as well as a number of other countries. Malaysia where the devises gets manufactured has …
Playdates now available in Malaysia Read More
The China National Intellectual Property Administration (CNIPA) just decided to extend their Patent Prosecution Highway (PPH) pilot program with Denmark. It has been extended by five more years, running from …
Extension of patent deal between Denmark and China Read More
The Norwegian specialty coffee roaster, café chain and bar concept is planning to open a shop in Jakarta. The opening date hasn’t been revealed yet, but it will be located …
Norwegian Coffeehouse “Fuglen” will open in Indonesia Read More
The Philippines expect a new central bank digital currency (CBDC) within the next two years. The digital tokens are to compete with volatile crypto currencies as an alternative system of …
New digital currency in Philippines to learn from Sweden Read More
In an interview the British media Bloomberg interviews Pascal Soriot, CEO of AstraZeneca, expresses the importance of China for companies such as their own. When asked to explain why China …
AstraZeneca sees China as an important partner Read More
On February 8th 2024, SWEA Bangkok’s Annual meeting took place at the Swedish Ambassador’s residence. There were 16 SWEOR that took part in the meeting, since the membership has decreased …
SWEA Bangkok Annual meeting 2024 Read More
The Faroese shipping company Smyril Line has signed a contract with the Chinese shipbuilder CIMC Raffles for cooperating on building two environmentally friendly so-called roll-on/roll-off ships. The Danish naval architecture …
Faroe Islands cooperate with China on environmentally friendly ships Read More
Crude oil from Norway’s Johan Sverdrup oilfield is heading to Asia once again, following a several months long break, because of a closed arbitrage window and a strong demand from …
Norwegian oil sold in Asia again Read More
According to Human Rights Watch there is a good chance that the Chinese cars sold to Denmark are being produced with forced labor in the Xinjiang province in China. In …
Cars in Denmark most likely produced with forced labor in China Read More
The sales by the Danish owned jewelry company Pandora dropped to 118 million Danish crowns in the fourth quarter from 143 million Danish crowns the previous year. This is lower …
Pandora disappointed by sales in China Read More
The Chinese automobile manufacturer Geely Group has started mass production of Volvo’s first minivan. The car with the name Volvo EM90 will only be available in China and will be …
Chinese Geely starts mass production of Volvo minibus Read More
The Danish brewery Carlsberg wants to focus on the expanding market in Asia, specifically in China, Vietnam and India in their 2027 plan. The company wants to accelerate their growth …
Danish Carlsberg wants to focus on Asian market Read More
A Swedish sustainable agriculture startup by the name Our Ecolution will open its very first factory in Indonesia 1 July 2024. The startup turns agricultural waste from rice and wheat …
Swedish sustainable startup opens first factory in Indonesia Read More
AstraZeneca Indonesia -the British-Swedish pharmaceutical company – has been chosen as the Best Place to Work in Indonesia for the second year in a row. According to an internal survey, …
AstraZeneca Indonesia voted as best workplace once again Read More
European Union countries installed 40% more solar panels in 2023 than the year before. The main supplier being China. There are some cases where 95% of the solar panels were …
Europe installing massive amount of Chinese solar panels Read More
This week the Norwegian telco group Telenor announced a drop of value in their True Corp investment. A 8.04 billion Norwegian kroner impairment has been announced. In accounting, impairment is …
Telenor recognizes impairment in Thai True Corp investment Read More
The Swedish company Electrolux, mostly known for creating Swedish home appliances, will shut down their regional headquarters in Singapore in May 2024. It has been stated by sources that this …
Electrolux regional HQ in Singapore announces shutdown Read More
The Finnish telecom equipment maker Nokia announced on Monday 5 February 2024 that they had signed a multi-year license agreement for 5G with the smartphone vendor Vivo from China. Nokia …
Nokia signs 5G patent deal with China’s Vivo Read More
The Chinese car HiPhi Z won the El Prix in Norway, held by the Norwegian Automobile Association to test Electric Vehicles’ ability to drive in cold weather. The biannual El …
Chinese HiPhi Z wins cold weather test in Norway Read More
Bangkok is known for all fabulous shopping malls. They seem to pop up like mushrooms, one after the other. After the Icon Siam, which is huge and very impressing, I …
Bangkok’s new Shopping mall EMSPHERE is about everything, amazing, beautiful,crazy,dazzling, you name it! Read More
Way up north, in the Norwegian town of Kirkenes, Chinese energy buses will now be driving on the icy roads. The buses have been constructed by Yutong Bus Co., Ltd., …
Chinese energy buses successful in Kirkenes’ arctic climate Read More
An impressive amount of Norwegian frozen cod has been exported to Vietnam. 1,382 tons, which is 141 percent higher than in the same month last year, according to The …
Vietnam increases import of Norwegian cod Read More
Nordcham Indonesia and Mandala Consulting host a joint event in Jakarta where the business implications of the Indonesian elections in 2024 will be discussed. High-level executives in Nordic companies and …
Nordcham invites to discuss business implications after Indonesian election Read More
Indonesia’s Maritime Affairs and Fisheries Minister Sakti Wahyu Trenggono is interested in the services of the Norwegian company Kongsberg Satellite Service (KSAT). In a news released by the official Indonesian …
Indonesia interested in Norwegian satellite services Read More
Ericsson AB issues a cautionary outlook for 2024, due to a persistent market decline, particularly outside China. The warning is caused by what CEO, Börje Ekholm, identifies as “unsustainably low” …
Ericsson anticipates continued decline in non-China markets Read More
Research from Norwegian Rystad Energy shows that Southeast Asia will account for 10% of the region’s total solar capacity by 2030. Countries such as the Philippines, Indonesia and Thailand are …
Norwegian research sets goal for solar energy in Asia Read More
On December 22, 2023, Swedfund invested 12 MUSD in Southeast Asia Clean Energy Fund II (SEACEF II). This investment will contribute to providing scale-up capital to early-stage companies focused on …
Swedfund investment accelerates energy transition in Southeast Asia Read More
Tourism Malaysia received the gold award in the Transportation, Travel & Tourism category at the Putra Aria Brand Awards. The tribute, deemed the People’s Choice Awards, is organized by the …
Tourism Malaysia wins gold at Putra Aria Brand Awards Read More
SEB Group, a Swedish financial institution, is targeting Vietnam for expansion. Marcus Wallenberg, SEB Group’s Chairman, praises Vietnam’s development, positioning it as a key investment destination. In a strategic move, …
SEB Group targets Vietnam for expansion Read More
Finnish telecommunications company, Nokia, is set to exit its joint venture with Chinese Huawei amid the escalating US-China tensions. Nokia had initially proposed a deal last year, but it was …
Nokia set to exit joint venture with Huawei Read More
Malaysia made a comeback at the MATKA Travel Fair in Helsinki from January 18 to 21, 2024. The main focus was on promoting green tourism initiatives. Led by Tourism Malaysia, …
Malaysia returned to the MATKA Travel Fair in Helsinki Read More