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.
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
Let’s talk Danish! No, not the language as such but the world-famous pastries, for instance served in hotels and sold in bakeries throughout Asia. No doubt, their origin is in …
Danish by Danish Bakery: ’wienerbrød’ – the real deal – now baked in Penang, Malaysia! Read More
Asia internet cable projects by leading telecoms and technology firms are facing delays due to the tensions involving South China Sea and how China positions itself. Because China has claimed …
Asia internet cable projects delay due to South China Sea tensions Read More
Swedish Foreign Trade Minister Johan Forssell recently shared that many Swedish companies are interested in investing in expanding their businesses in the Philippines. “At present, there are about 40 Swedish …
Swedish companies interested in investing in Philippines Read More
Nokia and Indosat Ooredoo Hutchison (IOH) have completed a network consolidation program. The new network will boost experience for IOH’s growing subscriber base. The program covers major cities in Java …
Nokia and IOH consolidate Indonesian network Read More
Finnish Neste Corp. has completed their 1.6 billion EUR Singapore Expansion project. The Singapore refinery expansion doubles Neste’s production capacity in Singapore. It brings the refinery’s total capacity to 2.6 …
Neste completes expansion at Singapore refinery Read More
H&M Shanghai Commercial Co, have received a fine from a court in Huangpu district in Shanghai for selling defective products. This is according to company information provider Qichacha. The court …
H&M fined in China for selling defective products Read More
The Danish logistic firm, A.P. Moller-Maersk, and its partner GigaMare Inc. have started upskilling Filipino crews for methanol fueled vessels for enhancing entire green operations by 2040. The selected crew …
Danish logistic firm A.P. Moller-Maersk to upskill Filipino crew for methanol fueled vessels Read More
Danish Danfoss Group’s plant in China will commence production after the opening of its global green laboratory last week, the company has stated. With an investment of 100 million euros, …
Danfoss increases green business opportunities in China Read More
The Finnish brand Marimekko’s sales fell to €35.3 million in the first quarter. This was mainly due to a decline in Finnish wholesale and lower licensing income in the EMEA …
Marimekko is focusing on Asia after weak first quarter Read More
H&M’s collaboration with French designer Mugler has been a huge success in China. A success that the fashion group happened to underestimate. H&M made the sensual capsule collection available in …
H&M collab with Mugler is a huge success in China Read More
The Swedish government is set to propose a law that will allow the Nordic nation to veto foreign investments. The move is intended to strengthen national security. The proposed law …
Sweden propose law to block foreign investments Read More
Swedish company Essity has started the sale process for its 52% stake in Hong Kong-based Vinda International. Essity’s adviser on the sale, has sent information to potential buyers including a …
Swedish Essity to sell majority of stake in Hong Kong-based Vinda Read More
Volvo has just opened a new design studio in Shanghai, China. The studio will join the existing studios in Sweden and California. The new Design Studio mirrors Volvos’ headquarters in …
Volvo opens new design studio in China Read More
Norway is electrifying all means of transportation including cars, buses and ferries. The country is working on maintaining its position as the world’s leader in electric mobility users per capita. …
Norwegian ferries revolutionized by Chinese electric innovation Read More
The Lao Trade Portal reported that Laos’s trade deficit in April 2023 was recorded up to 17 million USD. According to the Vientiane Times, the total value of trade in …
Laos reports trade deficit up to 17 million USD in April Read More
Sales of electric cars in Indonesia jumped in April after the government launched tax incentives. Effective from April 2023, Indonesia cut the value-added tax (VAT) on electric cars from 11% …
Indonesian tax cut drives electric car sales Read More
IndustriAll has called out the Swedish fashion group for continuing to source from Myanmar despite the country’s humanitarian crisis brought on by the military coup. IndustriAll said that H&M’s responsible …
H&M criticized for continuing Myanmar sourcing Read More
Chinese Midea Group has confirmed that the company has made a takeover approach for Swedish competitor Electrolux. “A deal is being discussed, but no decision has been made yet,” the …
Chinese Midea confirms its takeover bid for Swedish Electrolux Read More