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.
The Chinese EV brand ZEEKR has announced, that the company is moving its current EU headquarters in Sweden to the Netherlands. The Geely-owned EV brands EU branch has until now …
ZEEKR moves EU headquarters from Sweden Read More
Despite the slowing economy, the Swedish retailer still consider China a key growth market, executives at IKEA said on Thursday, October 12. China was for several years the fifth biggest …
IKEA still consider China a key growth market Read More
The Swedish telecom company, Ericsson, has filed a number of lawsuits against Chinese Lenovo and its subsidiary Motorola Mobility. Ericsson claims that Lenovo doesn’t deny needing a SEP license, but …
Ericsson sues Chinese Lenovo over 5G patents Read More
The Danish audio company Bang & Olufsen has partnered up with the Italian carmaker Ferrari to make new headphones and speakers with a striking shape of red to resemble the …
Danish Bang & Olufsen launches Ferrari Collection in Malaysia Read More
China has approved the import of heat-treated pork from Finland. The Chinese customs agency announced in a statement on Tuesday, October 10. Heat-treated pork products refer to bone-in or boneless …
China allows import of heat-treated pork from Finland Read More
Communication service provider (CSP) Telenor embarked on its Asian journey in 1997, bought its first stake in Digi (Malaysia) in 1999, and have been telco change-makers in the region ever …
Another exciting chapter for Telenor in Asia has begun: two monumental mergers landed to reshape the business Read More
Denmark’s national robot and drone cluster “Odense Robotics” and The Danish Trade Council are organising a market visit from 14 November to 16 November to Singapore and the robotics industries …
Odense Robotics is visiting Singapore. Wanna join? Read More
The Philippine’s Department of Agriculture (DA) announced a temporary ban of pork and other meat products imported from Sweden in the attempt to prevent the outbreak of African Swine Fever …
Philippines bans pork and other meat products imported from Sweden Read More
A brand-new Chinese EV brand is about to enter the Finnish market and is anticipated to “revolutionize the market.” Voyah, a Chinese EV model, owned by state-owned firm Dongfeng, is …
Chinese EV Debuts in Finland Read More
Many Danish investors are interested in bidding for renewable projects in the Philippines which the government is targeting to offer via its Smart and Green Grid System (SGGS) development platform. …
Danish investors interested to bid on Philippines RE projects Read More
A delegation from the Danish food and agriculture sector visited by the end of September and early October 2023 leading Thai companies to deepen close collaboration on sustainable food production. …
Danish agricultural delegation visited Thailand Read More
Swedish Volvo Cars reported a 25% sales growth in September – one of the reasons being a bit of a higher demand from China. More than 61.000 cars were sold …
Chinese demand for Volvo Cars in September Read More
The European Commission will publish a list of critical technologies it believes Europe shouldn’t make easily available to countries like China. Brussels fears these technologies could harm the unions security, …
EU seeks to protect sensitive tech from China Read More
Swedish beauty tech and wellbeing house Foreo is opening a counter in the Don Mueang International Airport in Bangkok, Thailand. After another partnership with King Power Thailand, the Swedish beauty …
More Swedish beauty at Thai airport Read More
The Chinese property mogul Evergrande’s shares are back on the stock exchange in Hong Kong as of Tuesday, October 3. This is after shares in the troubled Chinese real estate …
Evergrande stocks are back in trade after suspension Read More
Shipshave has won the SNIC Innovation Awards for its in-transit hull cleaning solution. A solution that removes biofouling to boost fuel efficiency and decarbonization. The prize was presented at the …
Norwegian Shipshave wins SNIC award in Singapore Read More
H&M has announced its latest designer collaboration with the French fashion house Rabanne. The brand was founded by Paco Rabanne in 1966, but has since 2013 been reinvigorated by creative …
H&M has announced latest design collaboration with French Rabanne Read More
The Norwegian Seafood Council (NSC) recently announced its first official partnership with the Thai major retail business, Big C Supercenter Public Company Limited, promoting the campaign of “Premium-Quality Salmon from …
Norwegian Seafood Council partners with Thai major retail “Big C” promoting premium-quality salmon Read More
Located at the heart of the 5-kilometer-long Bang Tao beach in Phuket, a serene and natural haven awaits. Angsana Laguna Phuket Resort is nestled amidst water and bordered by a …
Laguna Phuket’s Area GM, Anders Dimblad, invites to experience the integrated resort island offerings Read More
Danish cycling apparel powerhouse, Pas Normal Studios, has confirmed its intentions to expand to Singapore with a new flagship store. So far this year, they already expanded to San Francisco …
Danish Pas Normal Studios opens in Singapore Read More
On Friday the 29th of September, SWEA Bangkok organised a Mexican evening at restaurant Mexicano, hotel Rembrandt. Almost 60 persons joined the evening since not only SWEA members with partners …
SWEA Bangkok goes Mexican! Read More
Danish variety store chain Flying Tiger Copenhagen is ready to expand their brand to more Southeast Asian countries with 1000 new locations over the next five years. Just about a …
Flying Tiger Copenhagen coming to Indonesia and Singapore Read More
Skarv Shipping Solutions, a Norwegian joint venture between Peak Group and Grieg Edge, has placed an order at Huanghai Shipbuilding in China for up to eight “green” multipurpose vessels. The …
Skarv Shipping Solutions orders green MPPs from China Read More
Chinese battery-materials maker, Ningbo Shanshan Co. Ltd., has shared that the company is planning to invest up to 1.28 billion euros in a new plant in Finland. The project is …
Chinese battery-materials maker invests in Finnish factory Read More
A Singaporean company called Hydronav Services, was fined over $1.1 million for illegally exporting specialized equipment (an EM system) to Myanmar without the necessary permits. The company falsely stated that …
Singaporean company fined for deceiving Norwegian authorities Read More
Sweden has replaced The United States and is now the world’s second most innovative economy in 2023, according to a ranking dominated by European countries. Meanwhile ‘middle-income economies’ like Indonesia, …
Scandinavia and Southeast Asian economies more innovative Read More
H&M returned to JD.com, one of China’s biggest e-commerce marketplaces, this month. This is after a prolonged absence due to criticism over its stance on alleged human rights abuses in …
H&M returns to Chinese JD.com Read More
Bank of Thailand (BOT) said on 26 September 2023 that they will relax foreign exchange rules for non-residents, to make it easier for foreigner to do business in the country. …
Doing business in Thailand will be easier for foreigners Read More
A new five-year collaboration between Norway and Indonesia has been signed, aiming to cut carbon emissions by protecting and restoring rainforest. Green groups hope that the deal will inspire other …
New funding pact between Norway and Indonesia Read More
Danish Ambassador to the Philippines, Frans-Michael Mellbin, said Filipino water companies exchanged ideas with Danish counterparts in both Copenhagen and Aarhus on September 22, 2023. Officials from Metropolitan Waterworks and …
Philippines inspired by Danish water management Read More
An Indonesian energy transition project, supported by both Denmark and Norway, has been delayed. But perhaps that’s good? Indonesia’s Just Energy Transition Partnership (JETP) is project funded by the G7 …
Indonesian energy transition plan delayed. Perhaps for the better Read More
Rising demand for salmon in Southeast Asia is led by the region’s taste for sushi. This is according to the latest consumer trends report shared at the Seafood Asia expo …
Sushi craze is driving the demand for Norwegian salmon in Southeast Asia Read More
SAS said on Tuesday, September 26, that the airline is evaluating final bids in an equity fundraising that closed on Monday. The fundraising is part of an ongoing bankruptcy protection …
SAS evaluates bids to be bailed-out from bankruptcy Read More
Danish firms that have invested in the renewable energy (RE) sector in the Philippines are seeking clarification on foreshore and seabed lease arrangements. “It is correct to say these things …
Danish firms seeks clarification on foreshore and seabed lease arrangements from Philippines Read More
Swedish Ericsson launched its “Imagine Live” event in Malaysia on 25 September 2023, presenting 5G innovations and highlights from the advanced technology. “At the Ericsson Imagine Live event, we are …
Ericsson celebrates 5G progress in Malaysia Read More
Jim Rowan, president and CEO of Swedish carmaker Volvo, wrote in a Linkedin post on Sunday, September 24, that it is impressive to see how fast electrification is taking place …
Volvo CEO praises EV potential in China Read More
Energinet, Denmark’s transmission system operator, has signed a contract with China’s Zhongtian Technology Submarine Cable (ZTTSC) for the delivery of cables. ZTTSC is set to deliver approximately 12 kilometers of …
Chinese contractor to install 12 km cable in Copenhagen Read More
The Scandinavian-style interior has become more popular in recent years in Thailand as we can see that many coffee shops, cafes and restaurants, hotels, homes, and more are decorated so. …
Style your home with Scandinavian aesthetics crafted by “Muuto” Read More
After the country’s huge success with EV’s, the Chinese car industry is now going all in on flying electric cars. The Chinese EV company, Xpeng, is currently developing the sixth-generation …
The Chinese car industry is going all in on flying electric cars Read More
The Swedish fast fashion retailer, H&M, will have its debut on Shopee in Singapore and Malaysia on Friday, September 22, 2023. H&M’s collaboration with the e-commerce platform comes as part …
H&M launch on e-commerce platform in Singapore and Malaysia Read More
Note: This article was run through ChatGPT to help improve the language. First you will read my version. Below is what ChatGPT suggested. Artificial Intelligence (AI) is increasing the gap …
Artificial Intelligence increases gap between rich and poor countries Read More
H&M Beauty reinvents its own makeup brand with a new range of high-quality vegan products. To create a new look to go with the new products, the brand has partnered …
H&M Beauty partners with Raoúl Alejandre Read More
Norwegian representatives of the country’s seafood industry, took part in a panel discussion during a workshop at Seafood Expo Asia. The Exhibition ran from September 11 to 13 in Singapore. …
Norway and Singapore shares ideas for maximizing seafood opportunities in Asia Read More
In recent weeks, Norwegian Equinor has entered into large contracts with Chinese Cosl for the rental of floating rigs. Christian Tybring Gjedde, a member of the Foreign Affairs Committee, believes …
Norwegian politicians react to Equinor’s China deal Read More
Indonesian vaccine manufacturer Bio Farma has formed a 10-year partnership with The Coalition For Epidemic Preparedness Innovations (CEPI) in Norway to boost the manufacturing of outbreak vaccines. As a response …
Norway and Indonesia in new vaccine partnership Read More
The Danish variety store chain, “Flying Tiger Copenhagen” will open its first store in Manila, the Philippines in October 2023. “The opening of our first Flying Tiger Copenhagen store in …
Danish variety store chain “Flying Tiger Copenhagen” to open in Philippines Read More
A 61 year long Thai-Danish milk partnership will be in focus, when the Danish Minister for Food and Agriculture and the Thai Minister for Agriculture and Cooperatives will meet in …
Danish ‘Red Cow’ returning to Thailand Read More
Key members of the Swedish Textile Machinery Association (TMAS) will be taking part in the forthcoming ITMA Asia + CITME exhibition. The event is taking place from November 19-23, 2023, …
Swedish TMAS to attend exhibition in Shanghai Read More
The construction of a new Singapore warehouse for the Danish logistics operator DSV has been launched. The facility is owned and developed by Sydney-based Logos but designed to fit the requirements …
Construction of new DSV warehouse in Singapore has begun Read More
Three major Finnish mobile carriers: Telia, DNA, and Elisa, have suspended sales of the Chinese company Xiaomi’s products. This is in response to the brand’s presence in Russia after the …
Finnish carriers suspend sales of Xiaomi phones Read More