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.
Danish biotech firm Novozymes is eager to capture opportunities in China. The company intends to intensify its focus on innovation and offering localized biotech solutions, the company states. China’s optimized …
Danish Novozymes bets on China’s green push Read More
Finnish fashion and lifestyle brand Marimekko is set to make its Singapore debut. The brand is to open its first store and cafe concept in the Ion Orchard shopping mall …
Finnish fashion brand Marimekko enters Singapore Read More
Norsk Hydro ASA has signed a letter of intent with offshore floating solar energy technology developer SolarDuck, TNB Renewables Sdn Bhd and TNB Research Sdn Bhdon. The letter was signed …
Norsk Hydro part of offshore solar energy project in Malaysia Read More
Indonesia announced late last week that they are ending visa-free entry from 159 nationals effective immediately, including all Scandinavian nationals. The Visa-free entry is in place for nationals of 10 …
Indonesia officially ends visa-free entry from 159 countries Read More
Consumers in Singapore can now buy ice cream made with Solein. Solein is an animal-free protein grown from a single cell using hydrogen and carbon dioxide. A product developed by …
Ice cream made from Finnish Solar Foods’ Solein launched in Singapore Read More
Swedish EV maker Polestar has joined forces with Xingji Meizu, a mobile phone and electronics company, to build an operating system for Polestar cars sold in China. In the rest …
Swedish Polestar and Chinese Xingji Meizu join forces Read More
Swedish Drugmaker AstraZeneca is drafting plans to spin-off its China business. According to the Financial Times on Sunday, June 18, the company is considering listing a separate unit in Hong …
AstraZeneca is planning a China business spin-off Read More
It all started when Johannes Bergstrom was ordering flowers online. The expensive bouquet he had bought arrived in a plain, white box that looked like it had been bought in …
Swedish innovator with blooming new concept in Bangkok Read More
After arriving to the Philippines for his first posting as Ambassador, Christian Halaas Lyster could immediately conclude that the ties between his host country and Norway are very strong and …
Ambassador debut and Southeast Asia return for Norway’s Christian Lyster Read More
Norway’s Telenor Connexion and Farmpro, a pioneering start-up in IoT-based livestock farming solutions, recently signed a Memorandum of Understanding (MoU) to advance global expansion of Internet of Things (IoT) livestock …
Telenor and Farmpro sign MoU to advance innovative health management solutions for livestock Read More
Fuel consumption is one of the most expensive aspects of fleet management, especially as fuel prices continue to soar. And while you might not have control over the rising prices, …
Improve Fleet Fuel Economy With These Tips Read More
Nordic VC firm Voima Ventures announced, June 13, its third fund with an initial closing of €90 million and a final target of €120 million, focusing on early-stage “deep tech” …
Nordic VC launches €90M fund for deep tech startups Read More
Maersk said on Monday, June 12, that the company has secured fuel for the first container vessel able to run on carbon-neutral methanol. The 21,500 km summer trip from Ulsan, …
Maersk secures fuel for first methanol container ship journey Read More
Finnish telecom company Nokia Corp will focus on further the company’s enterprise business opportunities in China. The aim is to help local companies accelerate industrial digitalization, a senior executive said. …
Nokia has big plans in China Read More
A Danish start-up has entered a $4 billion agreement to build a nuclear-powered ammonia plant in Indonesia. Copenhagen Atomics is leading a four-party group from Denmark that has signed a …
Copenhagen Atomics to test nuclear ammonia plant in Indonesia Read More
The Swedish leading technology company, Ericsson, reaffirmed its commitment to meet Thai customers’ expectations following a recent report, “5G: The Next Wave,” it published. The report showed that nearly 47% …
Ericsson aims to meet Thai customers with maximum 5G solutions Read More
Vietnam’ General Statistics Office reported that seafood exports in the country decreased 28% year-on-year to nearly US$3.4 billion in the first five months of 2023. Due to declining demand for …
Vietnam seafood exports down 28 percent Read More
The weather phenomenon El Niño, which risks triggering tropical cyclones in the Pacific Ocean, heavy rainfall in South America and drought in Australia, is on its way. In particular, the …
El Niño can be costly for coffee lovers Read More
Dozens of four-legged film-goers arrived in strollers on Saturday, June 10, for the opening of Thailand’s first pet-friendly cinema in Bangkok. The country’s pet industry is considered the second-biggest in …
Thailand opens first pet-friendly cinema Read More
Swedish Ericsson and Thailand’s Digital Economy Promotion Agency (DEPA) have announced ambitious plans to develop Thailand’s own version of Silicon Valley. Ericsson detailed the project called “Thailand Digital Valley” in …
Ericsson commits to Thai Silicon Valley Read More
The global leading pump manufacturer based in Denmark, Grundfos, celebrated its 30th anniversary of operations in Thailand on 9 June 2023. “Over the past three decades, Grundfos has expanded its …
Grundfos Thailand celebrates 30 years as global leader in advanced sustainable water solutions Read More
The first fully electric construction machines from Volvo Construction Equipment (Volvo CE) have been launched in Southeast Asia. Senior leaders from important construction companies, Volvo CE dealers from across Southeast …
Volvo CE launches first electric construction machines in Southeast Asia Read More
Sales and service of the Chinese leading electric vehicle company, BYD, are now available in Laos by distributors, Lao Thani and Auto Asia, following the recent signing of Memorandum of …
Chinese leading EVs of BYD now available in Laos Read More
During its 60th-anniversary, Danish leather footwear and lifestyle brand, ECCO, held the grand opening of its seventh store in Singapore. Following the global PRIME concept design, ECCO Raffles City draws …
ECCO opens new concept store in Singapore Read More
The Seafood Council’s CEO Christian Chramer said in his latest monthly report that while Europe remains the largest market for Norwegian seafood, there are signs of a shift in demand. …
Chinese demand for Norwegian salmon on the rise Read More
The Tourism Authority of Thailand (TAT) and Visa have signed a MoU. The objective is to encouraging Visa cardholders from overseas to spend more while traveling in Thailand. Visa will …
TAT and Visa sign MoU to boost tourists spending in Thailand Read More
Finnish flag carrier Finnair celebrated 35 years of flying to China and connecting Asia with Europe on June 2. The first Finnair flight to China took off on June 2, …
Finnair celebrates 35 years of China operations Read More
Danish pharmaceutical titan Novo Nordisk has applied to China’s drug regulator to widen the range of use of its diabetes medicine Ozempic. In the US Ozempic is also used as …
Novo Nordisk’s diet drug may land in China soon Read More
The KAMAY jacket by Aleksander Revas is crafted from premium faux suede developed from recycled PET bottles. The jacket is made to raise awareness about the urgent issue of plastic …
Sustainable fashion out of recycled bottles Read More
Thailand’s Provincial Electricity Authority (PEA) plans to turn off power to two casinos in southern Myanmar after June 6. This is at the request of the ruling Military Junta administration. …
Thailand orders power cut to Chinese casinos in Myanmar Read More
The Swedish furniture company, IKEA, will start allowing customers to bring their pets into its shops in Thailand from 6 June 2023 forward. The rules include: Cats and dogs must …
IKEA in Thailand to allow customer bringing pets to stores Read More
Finland’s SuperPark partnered with the Philippine’s Megaworld Lifestyle Malls to open new amusement parks in the Asian country. Both companies previously signed the partnership agreement, reported Manila Bulletin. SuperPark Philippines …
Finland-branched amusement park to open in Philippines Read More
One of Singapore’s largest universities, Singapore Polytechnic, will make the entire campus area CO2 neutral. The inspiration comes from Sønderborg’s ProjectZero, and the Danes have agreed to collaborated on the …
Sønderborg to help Singapore reach zero emission Read More
Once upon a time, a Danish girl by the name of Elisabeth Rolskov went backpacking. Little did she know, that her trip would be the start of a happy and …
Danish Elisabeth found her “Eliment” in Vietnam Read More
Singapore Airlines says it will start offering free and unlimited inflight WiFi across all classes of travel from July 1. The airline already offers free complimentary WiFi to passengers sitting …
Singapore Airlines to offer free unlimited inflight WiFi Read More
The Chinese automaker, Geely, is in the early stages of planning to enter Thailand’s electric vehicle (EV) market, according to two people with knowledge of the discussions. The people said …
Chinese automaker Geely plans to enter Thailand EV market Read More
Chinese TikTok influencer Xiu Xian sold 11,000 bottles of Norwegian cod liver oil in less than two hours. Norwegian company Orkla have been inviting Chinese TikTokers and influencers to Lofoten, …
Chinese influencer sells Norwegian cod liver oil on TikTok Read More
Swedish commercial vehicle maker Scania wants to be more present in China. According to the company’s president and CEO, Christian Levin, China is the biggest market for commercial vehicles in …
Scania wants bigger presence in China Read More
Swedish sex toy major Lelo has managed to bypass the usual advertising limitations and has launched its first Asian OOH campaign in Hong Kong. A campaign that sparks the conversation …
Swedish Lelo puts self-pleasure on full display in Hong Kong Read More
H&M announced on Sunday, May 28, that the Swedish fast fashion brand would close its flagship store in Beijing’s Sanlitun area on June 11 as the lease contract is set …
H&M to close Beijing flagship store Read More
Thailand has recorded the arrival of one million Chinese tourists between January and May 18. This is following the reopening of China’s borders. The news comes as a positive sign …
Thailand has welcomed one million Chinese tourists since borders reopened Read More
China’s first home-produced passenger jet made its first commercial flight on Sunday, May 28, flying from Shanghai to Beijing. China Eastern Airlines new narrow-body C919 plane left Shanghai at 10:32 …
China launches first homegrown commercial flight Read More
Thailand Board of Investments (BOI), Nordic office, will organize the webinar, “Doing Business in Thailand: Opportunities in the Green Technology sector” via Zoom on Tuesday, 30 May 2023 from 10 …
Webinar organized for Nordic businesses eyeing to invest in Thailand Read More
IKEA has found inspiration from traditional Indonesian handicraft to protect rattan outdoor furniture against humidity and temperature changes. Swedish Product Designer and Engineer at IKEA, Linn Grahl, is behind the …
IKEA is using traditional Indonesian technique on outdoor furniture’s Read More
Danish land-based salmon farmer Nordic Aqua Partners is planning to accelerate expansion plans for its facility in eastern China. This is after a strong biological performance of the company’s first …
Danish salmon farmer accelerates expansion plans in China Read More
The Economist Intelligence Unit (EIU) has predicted that Singapore, Canada, and Denmark will have the best business environments in the next five years. The EIU is an organization that analyses …
Singapore has the best business environment while Denmark comes in third Read More
The Finnish telecommunication firm, Nokia, announced its partnership with Vietnam Posts and Telecommunications (VNPT) on Tuesday to bring the first deployment of 10G fiber broadband into Vietnam. According to a …
Nokia partners with Vietnam telecom to bring 10G broadband to region Read More
Thailand based Barry Callebaut has announced the construction of a new cocoa bean warehouse in Malaysia. This is as the company enters into a long-term partnership with Danish shipping mogul …
Barry Callebaut and Maersk builds warehouse in Malaysia Read More
Malaysian wholesale 5G provider DNB is deploying solutions from Ericsson to boost its network security. This marks the first deployment of the Ericsson Security Manager (ESM) solution in Malaysia. It …
Ericsson deploys 5G security solution for Malaysia’s DNB Read More
Nuclear power developed in Denmark will help Indonesia produce low-emission ammonia. The production will go toward fertilizer and food production that is set to feed 45 million Indonesian people. The …
Danish Companies to supply nuclear energy in Indonesia that will feed 45 million people Read More