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.
“Huge congratulations to the successful cooperation between Danish organization Aprendio and the Kamaya Point – Maritime Academy of Asia and the Pacific for the launch of the “Green Skills Academy” …
Denmark helps facilitate ‘Green Skills Academy’ in Philippines Read More
ScandAsia has met with Terje Holte Nilsen, the Norwegian owner of Seven Stones, a provider of market entry services based in Bali and Jakarta, for a talk about his insights …
Navigating the corporate world in Indonesia: Seven Stones is there to help you boost your business Read More
In a strategic move to boost tourism and foster global connections, Indonesia’s Minister of Tourism and Creative Economy, Sandiaga Uno, is actively advocating for an expansion of the country’s visa-free …
Indonesia to review visa-free list – excluding Scandinavians Read More
Copenhagen-based Leckerbaer, renowned for its Danish pastries, has introduced a Christmas collection of traditional Danish cookies in Singapore. Packed in the brand’s signature blue boxes, the Danish småkager are a …
Leckerbaer introducing traditional Danish Christmas cookies in Singapore Read More
Thailand has always been known for its very rich flora with many, many beautiful flowers. But there are only very few specialties flower shops. Therefore, you have the fantastic Pak …
Now we are talking flowers! Read More
Swedish-Norwegian Linda Jørgensen owns the beauty brand Nordic Formula. To expand her products into the global market, Linda is targeting the Asia-Pacific world. And Singapore especially, she reveals in an …
Nordic Formula expanding to Southeast Asia Read More
Denmark and Philippines have made a job skills program with the aim of addressing the lack of workers to fulfill the renewable energy (RE) transition. The Danish Embassy in Manila …
Denmark and Philippines address lack of RE workers Read More
Sweden has announced a new trade and investment strategy for Southeast Asia, as a way to deepen cooperation with partners such as Singapore. Johan Forssell, Sweden’s Minister for International Development …
Sweden deepens cooperation with Southeast Asia Read More
Messy Weekend Copenhagen is a growing, Danish company selling handcrafted sunglasses, and they will soon start distributing its products in Thailand. At least so it seems, when taking a look …
Messy Weekend coming to Thailand Read More
Denmark has accepted an invitation from China to co-host a shipping fair in Shanghai. Minister of Industry, Business and Financial Affairs, Morten Bødskov, said so in a press release on …
Denmark accepts hosting invitation from China Read More
A.P. Moller-Maersk is set to invest over $500 million in expanding its supply chain infrastructure in Southeast Asia. The three-year plan is focusing on strengthening its Logistics and Services arm …
Maersk plans to invest more than $500 Million in Southeast Asian supply chain Read More
Chinese electric vehicle manufacturer, XPeng Motors, secured the third position in Denmark’s Car of the Year 2024 awards with its XPeng G9 SUV. The recipients were announced by the association …
Chinese XPeng places third in Denmark’s 2024 Car of the Year Read More
AstraZeneca, the Anglo-Swedish pharmaceutical giant, is building a research and development center in Hong Kong. The new center will be focusing on cell and gene therapy drugs. Set to be …
AstraZeneca to build R&D center in Hong Kong Read More
Yinson Production (YP), a Singapore-based unit of the Malaysian Yinson Group, has invested in Norway’s Carbon Removal for direct air capture projects. The undisclosed investment supports YP’s goal of decarbonizing …
Yinson Production invests in Norwegian carbon capture project Read More
Social media giant TikTok has now acquired a facility in Norway from Green Mountain AS, to establish its largest European data center. A data center that has formerly been raising …
TikTok taking a step towards launching Norwegian data center Read More
AP Møller-Maersk has recently reached a settlement in a lawsuit against the companies involved in the six-day blockage of the Suez Canal. The incident was caused by the Taiwanese operated …
Maersk settles Ever Given dispute three years after canal chaos Read More
A Finnish business delegation, led by Consul General Anu Vuori and Executive Director of FinnCham Shanghai, Ville Lintervo, undertook a visit to the Shanghai Auto Innovation Park in Anting on …
Finnish business delegation exploring automotive opportunities in China Read More
Finnish Arctic Blue Beverages has been named Craft Gin Brand of the Year in the 2023 by LUXlife magazine. “Our products have won multiple international awards, which is something we …
Finnish Arctic Blue Beverages awarded Craft Gin Brand of the Year Read More
Financial trading requires sophisticated technology. A well-crafted tech stack ensures smooth operations and equips traders by giving real-time data analytics that enables informed decision-making. Integration between trading software and analytics …
Tech Stacks: Integrating Trading Software & Analytics Tools Read More
IKEA is set to launch its fourth Thai location, IKEA Sukhumvit, tomorrow on December 1. Spanning 12,000m² on The Emsphere’s third floor, the store offers a familiar layout for IKEA …
IKEA Sukhumvit opens tomorrow on December 1 Read More
The tourism sector in Indonesia, was hit hard by the COVID-19 pandemic, but the industry is now witnessing a positive turnaround. With the first semester of 2023 reporting around 13 …
Indonesia’s tourism sector shows signs of recovery in 2023 Read More
AirAsia have announced that they will increase weekly flights between China-Malaysia and India-Malaysia from 2024. This follows Malaysia’s move to grant 30-day visa-free entry for Chinese and Indian travelers starting …
AirAsia to increase flights between China and Malaysia in 2024 Read More
World-renowned Swedish football icon, Zlatan Ibrahimović, is set to launch the latest “Selected by Zlatan” collection in collaboration with H&M Move. The fitness-inspired menswear collection will be available globally in …
H&M Move to launch new collection with Zlatan Ibrahimović Read More
The Anglo-Swedish pharmaceutical company, AstraZeneca has made a deal with Chinese biotech Usynova. The Chinese company announced a licensing agreement with AstraZeneca for the clinical-stage small molecule KRASG12D inhibitor UA022. …
AstraZeneca makes deal with Chinese biotech Usynova Read More
H&M, the Swedish fast fashion retailer, has joined forces with Singapore’s DBS Bank to introduce an innovative green loan initiative. The program aims to assist clothing manufacturers in cutting down …
H&M collaborates with Singapore-based DBS to help suppliers decarbonize Read More
Shoppers in the Philippines who are looking for items for their home, friends, and family this coming season do not need to look any more because Flying Tiger Copenhagen is …
Flying Tiger Copenhagen ready to serve Philippines customers Read More
Norwegian color design brand Jotun introduced “CANVAS,” its recent collection inspired by nature’s palette including twenty-three “Majestic Sense” premium paints such as “Soothing Beige,” “Rock Sugar,” “True Blue,” “Mindful Green,” …
Jotun introduces new collection “CANVAS” and its Global Color Card 2024 to Thailand Read More
Chinese JA Solar has passed the Environmental Product Declaration (EPD) assessments in Norway. The company’s products are now registered on the EPD systems of Norway and Italy, reinforcing JA Solar’s …
Chinese JA Solar’s products pass EPD Assessment in Norway Read More
Singapore-based solar manufacturer REC has closed its two polysilicon production facilities in Norway. The Singapore-based manufacturer ceased operations in Kristiansand and Porsgrunn due to the Norwegian production being financially unsustainable. …
Singapore-based REC closes Norwegian facilities Read More
Swedish energy systems manufacturer, Metacon, has signed an MoU with Chinese firm PERIC Hydrogen Technologies. The agreement is to establish a strategic partnership for Metacon’s electrolyzes in China. The MoU …
Swedish electrolyze manufacturer signs MoU with Chinese firm Read More
Danish Maersk has secured a deal for half a million tons of green methanol annually from China’s Goldwind. A deal that marks a significant step in the shipping industry’s push …
Maersk enters deal for green methanol with Chinese Goldwind Read More
BoConcept, the Danish furniture and design company, continued making its way in Vietnam, having opened six stores in both major cities of the country like Hanoi and Ho Chi Minh …
Danish furniture BoConcept makes way in Vietnam Read More
Monsoon Tea offers forest-friendly tea of different flavors that are grown and harvested in Northern Thailand. The choices are varied from the classic pure tea products to its unique blends …
Stock up some forest-friendly Monsoon Tea as days get shorter Read More
Last Friday, the Strategic Sector Cooperation (SSC) on Statistics from Denmark visited Vietnam. The aim of the visit was to ‘leverage administrative data from the Ministry of Justice (MOJ) database …
Tea enhances collaboration Read More
The Vietnam Meteorological and Hydrological Administration (VNMHA) and Norwegian Meteorological Institute (NMI) have signed an MOU on developing weather forecasts and climate services for the 2024-2028 period. The cooperation marked …
Norway and Vietnam marks 10-year climate cooperation Read More
The latest Asia-Pacific exhibition of a world-class luggage and travel bag brand, Samsonite, was presented in Singapore at the start of November 2023. It was titled “Destination Samsonite: Voyaging Through …
Asia-Pacific exhibition “Destination Samsonite: Voyaging Through Time” presented in Singapore Read More
PETA Asia is claiming that Swedish H&M is implicated in supporting the down industry. The accusation is based on a recent 13-month-long investigation. PETA claims that H&M sources down jackets …
H&M accused of unethical jacket production in Vietnam Read More
Thailand has secured the title of ‘Best Affordable Long-haul Destination’ in the Travel Great RES Prize Destination 2024 awards. The award is organized by RES and Travel News, a leading …
Thailand named ‘Best Affordable Long-haul Destination’ by Swedish travel magazine Read More
Volvo Cars experienced a significant drop in its shares, falling approximately 13% to a historic low, following the sale of a portion of its stake by its major shareholder, Geely. …
Volvo shares crashed to all-time low due to Chinese Geely selling stocks Read More
Thai Vietjet is expanding its international flight network in response to Thailand granting visa-free travel to Chinese nationals. Starting December 6, 2023, the airline will introduce new daily flights between …
Thai Vietjet adds flights to China Read More
H&M is set to launch a new party collection in collaboration with the renowned Danish fashion brand Rotate Birger Christensen. The Danish fashionista brand is famous for its coveted party …
H&M to Collaborate with Danish Rotate Birger Christensen Read More
Norwegian Ole Petter Høie, an experienced entrepreneur on his third startup, is currently exploring the intersection of gaming and education with gamified history lessons under the name “The History Challenge.” …
Norwegian is revolutionizing history education from Bali Read More
Volvo Car AB is strategically entering the Chinese luxury market with its premium battery-powered minivan, The EM90. Marketing it as a mobile Scandinavian “living room,” the van is priced at …
Volvo targets Chinese luxury segment with new model Read More
In 2005, the story of Minh Graphic began as An Phu Design, a Vietnamese-founded company with a vision for creative communication. Over the years, Minh Graphic has undergone a significant …
Minh Graphic: Vietnamese-Danish Graphic Design Company is bridging cultures through their design Read More
Swedish electric vehicle maker Polestar expects to enhance the technological cooperation with China, said CEO of Polestar, Thomas Ingenlath, in an interview with Xinhua on 9 November, 2023. He said …
Swedish Polestar expects more Chinese cooperation Read More
Anglo-Swedish drug company AstraZeneca announced that it signed a licensing agreement with Eccogene, a Chinese firm for oral medicines which will treat diabetes and obesity on Thursday, 9 November 2023. …
AstraZeneca signs agreement with Chinese firm for oral obesity drug Read More
Hexagon AB, the Swedish multinational corporation for metrology and geo-analytics, planned to continue increasing its investment in the Chinese market, said Aime Alexandre, the firm’s vice-president for global marketing and …
Swedish company of innovation Hexagon AB plans to continue increasing investment in China Read More
Tiina Alahuhta-Kasko, President and CEO of Marimekko said in a recent press release reporting the company’s growth that Asia and Scandinavia are the company’s main focus in its current strategy …
Marimekko ensures Asia and Scandinavia as its main markets Read More
The Finnish design house, Marimekko, experienced a notable 13 percent growth in sales within the Asia-Pacific region in the third quarter of fiscal year 2023. The Asia-Pacific’s is Marimekko’s second-largest …
Finnish Marimekko experienced an increase of 13 percent in sales within the Asia-Pacific Read More
The Danish toy giant, LEGO Group, released four new toy sets on Monday, November 6, during the sixth China International Import Expo (CIIE). LEGO Group has participated in the CIIE …
LEGO has released new toy sets at CIIE inspired by Chinese culture Read More