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 Swedish Financial Supervisory Authority (Finansinspektionen/Swedish FSA) recently approved and registered the crypto exchange, Binance, as an official financial institution. According to Reuters, the registration allows Binance to launch a …
Sweden approves Binance as official financial institution Read More
Bangchak Corporation Public Company Limited sent a letter to the Stock Exchange of Thailand on 12 January 2023 that it is to acquire all shares of Esso (Thailand) Public Company …
Bangchak acquires Esso gas station in Thailand Read More
Norwegian Telenor’s DTAC and Thailand’s major telecom company, True Corporation reported to the Stock Exchange of Thailand about their merger in setting up a new company titled “True Corporation Public …
True and DTAC to merge under title “True Corporation” Read More
EUROCHAM Malaysia has announced the Digital Nasional Berhad (DNB) and Ericsson launch of the “MY5G Ericsson Malaysia Pioneers Programme.” The programme is a free online academic programme on digital technologies …
DNB and Ericsson launch academic programme to develop tech talent in Malaysia Read More
The Nordic Chamber of Commerce of the Philippines is to organize a “Sustainability Committee Meeting” which will focus on ways to support Biofuel andWaste-toEnergy (WtE) initiatives on 25 January 2023. …
NordCham Philippines to organize “Sustainability Committee Meeting” Read More
EUROCHAM Malaysia has welcomed a new member – Asiance Sdn Bhd. Asiance Sdn. Bhd. is a consulting and trading firm and was registrated in Kuala Lumpur, Malaysia in 2022. It …
EUROCHAM Malaysia welcomed new member Asiance Sdn Bhd Read More
Ulrica Fearn has been appointed new Director of Finance at Carlsberg. This was reported by Danish watch media, Fødevarewatch. Despite her Swedish background, a large part of Ulrica’s business career …
Carlsberg appoints Swedish Ulrica Fearn as new Director of Finance Read More
Norwegian seafood is becoming an item that more and more Vietnamese people choose to make Lunar New Year (or Tet) gifts, besides other luxurious items such as foreign wine, cigar, …
Norwegian seafood becomes high-class New Year gifts of Vietnamese people Read More
EUROCHAM Malaysia has announced manufacturing company, Siemens, have appointed Mr. Tindaro Danze as its new President & Chief Executive Officer. Danze has previously managed Siemen’s regional industrial digitalisation units, enabled …
Tindaro Danze appointed as new CEO & President of Siemens Malaysia Read More
An opening ceremony of the 11th wind power plant, developed by Asia Energy Co., Ltd, a subsidiary of Thailand’s Super Energy Corporation Public Company Limited, was held on Wednesday, 4 …
Work start on wind power plant in Dak Nong province of Vietnam Read MoreAccording to the Ministry of Industry and Trade of Vietnam on December 26, Vietnam’s total import and export turnover in 2022 is expected to reach US $ 732 billion, up …
Vietnam’s import and export turnover exceeded 730 billion USD Read More
A report shared by Vietnam’s seafood sector showed that the seafood exports broke the 2022 record with a value of 11 billion USD, up 24% year-on-year and 22% higher than …
Vietnam seafood exports break 2022 record, is the world third largest exporter Read More
Korea’s largest automobile manufacturer, Hyundai Motor, has decided to sell only electric vehicles in Norway in 2023. According to The Korea Times, it reported that: “Our European branch has decided …
Korea Hyundai Motor to sell only EVs in Norway Read More
China’s automotive manufacturer, BYD, announced on its official Weibo that the products’ prices will be raised between 2,000 yuan ($290) and 6,000 yuan, starting from 1 January 2023. The company’s …
China BYD to raise car prices after subsidy reduces Read More
A rapid rise in Chinese COVID-infection numbers among the Chinese population could severely affect Carlsberg’s sales numbers during the much anticipated and important Chinese New Year. The Danish brewer has, …
Carlsberg’s most important Chinese holiday celebration sales threatened by COVID Read More
Vegan markets in Ho Chi Minh City are starting to be quite busy ahead of the Lunar New Year holiday or “Tet” that Vietnamese buddhists traditionally celebrate to honor their …
Vegan markets in Vietnam are growing rapidly while Lunar New Year holiday is on its way Read More
Two Finnish food and beverage entrepreneurs in Thailand are out to make a mark not only on the local scene but also internationally. They have started out boldly by succeeding …
Bold Finnish duo launches vodka and energy drink out of Thailand Read More
A number of foreign companies from both Europe and Asia have invested and announced plans to put more investments in Vietnam to make it their manufacturing centers. “The growing disbursement …
More foreign investments “have confidence” in Vietnam Read More
China’s automaker, BYD, is to launch a new electric vehicle brand, “professional and personal” in 2023. It will be an addition to Yangwang, a premiere brand, added the company’s branding …
China BYD to launch new EV brand in 2023 Read More
EUROCHAM Malaysia reports to have had a fruitful and productive discussion with EMPTA on possible areas of cooperation, joint advocacy, and other issues and topics that is affecting the automotive …
EUROCHAM Malaysia and EMPTA discussed issues within the automotive industry Read More
People send money overseas for different reasons, such as settling bills like overseas mortgages or foreign investments. Also, business owners who ship products regularly send cash internationally to suppliers to …
International Money Transfers: 5 Tips To Minimize Charges Read More
The Danish Embassy in India hosted a press conference for Announcement of Textile Master Program that is offered as a textile master program between India and Denmark. The textile master …
Master Textile program between India and Denmark Read More
Norwegian newspaper, DN, reports Asian stock exchange markets showed high economic activity and growth in the beginning of 2022 with the Nikkei index at the Tokoy stock exchange market back …
Economic optimism at Asian stock exchange markets Read More
Ole Chr. Lindholm, the new Commercial Counsellor at the Royal Danish Embassy in Bangkok, wants to help put Thailand on the map again and create interest for Danish businesses . …
Commercial Counsellor to put Thailand on the map Read More
The Swedish Embassy in Manila and Swedish companies including Atlas Copco, IKEA, Swedish Match, and Transcom recently joined the “Sustainability Talks: The Right To Decent Work Forum,” which helped promote …
Sweden helps promote inclusive labor rights in Philippines Read More
On 7 December, EU opened for the first calls for proposals under the New Work Programme. At the same time, the Union invited potential applicants to Horizon Europe Information Days …
First calls for company proposals under EU’s €95 billion budget research and innovation programme Read More
The Swedish Ambassador designated to Vietnam, Ambassador Ann Mawe recently took part in a conference organized by EVN and Hitachi Energy to discuss energy transition in Vietnam. The event was …
Sweden actively supports energy transition in Vietnam Read More
On December 1st – 2nd, the “Vietnam Wind Energy Conference 2022” (VWP22) was held in Hanoi. VWP is an annual conference organized by the Global Wind Energy Council (GWEC) in …
Norway shares experience with Vietnam to unlock wind power potential Read More
The Swedish Chamber of Commerce in Singapore (SwedCham) has launched the information session “IMDA’s LEAD Connect & Transact Grants explained” on 15 December. The event follows the Singaporean Government’s introduction …
SwedCham to inform about Singaporean incentive grants for promoting document digitalization Read More
The Thai-Norwegian Chamber of Commerce (TNCC) in collaboration with the Thai-Canadian Chamber of Commerce (CanCham), and other foreign Chambers in Thailand are to hold “Crystal Ball Economic Outlook and Business …
Join Crystal Ball Business Luncheon: The Future is Now Read More
Eye-Share, a market leading solution provider for automated spend management, has been welcomed into the Singaporean business community by the Norwegian Business Association Singapore (NBAS). The company opened its first …
NBAS; Eye-Share’s opening in Singapore is a “true enrichment” of the business community Read More
On 22 November, the Singapore Norway Chamber of Commerce (SNCC) hosted the event “What have we learned post-COVID? How will the geopolitical situation affect our supply chains?” in collaboration with …
SNCC and Wilh. Wilhelmsen hosted event on Post-COVID learnings and supply chain effects Read More
A delegation of EUROCHAM Malaysia and members of the Construction Sector Committee has had a meeting with the CEO, Datuk Ir. Ahmad ‘Asri Abdul Hamid, of the Construction Industry Development …
EUROCHAM Malaysia met with CIDB to strengthen industry collaboration Read More
Estonia strongly views itself as belonging to the Nordics. And for Estonia debuting in Southeast-Asia means business! Learn more about the brand new embassy and the first ambassador on the …
New Estonian embassy and Ambassador to Singapore: Priit Turk Read More
A new study by Visa has revealed that the top five destinations that Thai travelers most desire to visit are Japan, South Korea, New Zealand, Singapore and United Kingdom. The …
Japan is the number one destination for Thais Read More
The Norwegian companies including Equinor, Norsk Solar, Scatec, Empower, TerraMarine, Tomra, Jotun, Vard, Yara, Emarasia, and Visco came together at the 2022 Green Economy Forum & Exhibition (GEFE 2022) to …
Norwegian companies shares knowledge on green movement in Vietnam Read More
The European Chamber of Commerce of the Philippines (EuroCham) is to host the fifth session of the HR Management Series: “Succession Planning and Management Development” on 1 December 2022 via …
Join seminar on “Succession Planning and Management Development” Read More
Danish Business Association Singapore (DABS) reports full house when the Singapore Economic Development Board (EDB) updated on recent changes made in underscoring Singapore’s position as global talent hub. The Association …
Singapore Economic Development Board briefed DABS on global talent attraction Read More
The Christmas decoration shops in Ho Chi Minh City, Vietnam, were especially crowded on 27 November 2022 as the festive season is approaching. These stores sell several products including Christmas …
Christmas decoration shops in Vietnam get busy Read More
Now it’s the time of the year when your family and friends like to come and visit you in Bangkok. This amazing city offers the visitors everything you can ask …
Why not take a day and explore Talat Noi? Read More
The Danish company, LEGO, has begun the construction of its green-invested,1 billion USD project in Binh Duong province, Vietnam. According to Vietnam Plus, the factory covers an area of 44ha …
LEGO has begun its construction of its green-invested project in Vietnam Read More
The Singapore-based company, Yoma MFS Holdings, is to buy a 51% stake in Wave Money from Norway’s Telenor. Both companies agreed to transfer the stake for 53 million USD in …
Yoma firm to acquire more stake in Myanmar Wave Money from Telenor Read More
The Norwegian firm Skretting recently held the grand opening of the new fish feed plant in Long An province, Vietnam. According to Bao Longan.vn News Agency, the new factory is …
Norwegian firm Skretting opens new fish feed plant in Vietnam Read More
DABS Singapore has announced to host, Employee Experience (EX) and Culture, on 23 November. During the talk attendees will learn about the importance of designing and delivering employee experience and …
Learn about employee experience and culture with DABS and CEO of Human Inc. Read More
The massive size and highly unregulated nature of waterways worldwide have made the maritime environment attractive for criminals of transnational violence. Sea-borne terrorism has become more common since 2000. It …
How aerostats help keep maritime transgression under control? Read More
Consumer spending is increasing everywhere, but nowhere more so than in Asia. If you ignore Asia, you risk missing out on half of the global picture, a $10 trillion consumer …
Future of Asia: The Future of Financial Services Read More
The Asian Development Bank (ADB) together with Education Finland and the Ministry of Foreign Affairs of Finland is to host “Virtual Business Opportunities Seminar: Focus on Education” on 23 November …
Join Virtual Business Opportunities Seminar focusing on Education Read More
Danish design company Bolia.com has announced to have joined forces to bring New Scandinavian Design to Singapore and invites to a Grand Opening on 1 December. Bolia “welcomes you to …
Danish design company Bolia.com opens first ever flagship store in Singapore Read More
Explorers looking for their next adventure can take advantage of two new shorter sailings unveiled by Fred. Olsen Cruise Lines today, as part of its ‘Around the World in 80 …
Around the world in 80 days with Fred. Olsen Cruise Lines Read More
The Swedish retailer, H&M Home, collaborates with Save The Children on their new magical collection of interior pieces for the children’s room. The collection include hot dog or ice-cream soft …
Make children room more magical with H&M Home & Save The Children collection Read More