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.
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Thailand’s cabinet has approved proposed changes to the Foreign Business Act aimed at making it easier for foreign companies to operate in the country, Thai Enquirer reports. The changes allow …
Thailand approves foreign business changes Read More
A leadership change has taken place at Swedish car maker Volvo Cars in China. The company announced on May 11 that Yuan Xiaolin is stepping down as President and CEO …
Volvo Cars names new head for Greater China region Read More
A delegation of Nordic companies will this week take part in a coordinated industrial mission to Thailand organised by the Thailand Board of Investment (BOI) office in Stockholm in connection …
Thailand’s BOI office in Stockholm expands Nordic industrial outreach Read More
Chinese solar company Longi Green Energy has launched its first energy storage project in Finland, marking a new step for Chinese green technology in the Nordic region, China Daily reports. …
Chinese solar giant launches first energy storage project in Finland Read More
Malaysia’s Defence Ministry said it will seek clarification from Norway after Norwegian export controls halted the delivery of missiles intended for Malaysia’s naval combat ships. The missiles were due to …
Malaysia seeks talks with Norway after missile deliveries halted Read More
Danish pharmaceutical company Novo Nordisk said generic versions of its diabetes drug Ozempic could be delayed in China until 2027 due to regulatory data protection rights. The patent for semaglutide, …
Novo Nordisk says Ozempic copycats in China may be delayed Read More
Danish trading platform Saxo has launched a new premium service tier in Singapore targeting accredited investors and active traders. The new service, called Saxo Elite, offers clients a personal relationship …
Saxo launches premium trading service in Singapore Read More
Carlsberg says consumers in Malaysia and Singapore are drinking less alcohol and increasingly choosing to drink at home instead of in bars and restaurants. According to Carlsberg Malaysia managing director …
People in Malaysia and Singapore are drinking less: Now Carlsberg responds Read More
Indonesia is strengthening its presence in the Nordic market through coffee promotion events in Finland. Indonesia’s embassy in Helsinki took part in the Helsinki Coffee Festival 2026 from 17–19 April, …
Indonesia promotes coffee culture and trade links in Finland Read More
TUI Hotels & Resorts will open its first The Mora hotel in Asia in Singapore in September 2026. The move marks the brand’s entry into the region as part of …
TUI to open first The Mora hotel in Asia with Singapore launch Read More
Swedish intellectual property firm Abrande has launched its first Asia-Pacific office in Hong Kong. The move marks the company’s entry into the Greater China market. The Gothenburg-based startup has appointed …
Swedish AI IP firm Abrande expands to Hong Kong Read More
Danish outdoor company Nordisk Company A/S has opened its first retail store in China, marking a new step in its expansion into the Asian market, Ritzau reports. The store opened …
Nordisk opens first store in China Read More
Malaysia’s SumiSaujana Group has entered a collaboration with Danish firm Topsoe to explore production of sulfuric acid from industrial gas streams. The partnership will assess potential projects in Malaysia and …
Malaysia and Denmark unite for sulfuric acid projects Read More
IKEA is celebrating 30 years in Malaysia, highlighting its long-standing presence in Southeast Asia and its role in shaping everyday home living for many Malaysians. Since entering the Malaysian market …
IKEA marks 30 years in Malaysia Read More
The Hong Kong based mining company, Dragon Mining, has reported new high-grade gold drill results from its Jokisivu mine in Finland, indicating promising potential for future production. The company said …
Hong Kong Dragon finds gold in Finland Read More
Finland’s national carrier Finnair is seeing increased transit traffic on its Asia routes, as Scandinavian rival SAS reduces services and global disruptions reshape travel patterns, Reuters reports. The shift follows …
Battle in the sky: Finnair gains Asia traffic as SAS cuts routes Read More
Danish shipping giant Maersk plans to help turn Da Nang into a major logistics hub in Southeast Asia. The company is involved in building a new container port called Lien …
Danish giant bets big on Vietnam: Maersk to build major port hub Read More
A new electric passenger vessel using Norwegian technology is on its way in Asia. Three companies have signed a deal to design and build the vessel, which will be the …
Norwegian tech is behind Asia’s first electric AirHull vessel Read More
A Finnish defence company is looking to expand into Southeast Asia, with Malaysia seen as a potential entry point. According to Bernama, Forcit Defence is exploring opportunities to introduce its …
Finnish defence company eyes expansion in Asia Read More
Danish toy giant Lego Group says it has no regrets about investing in Vietnam. Jesper Hassellund Mikkelsen, senior vice-president of Asia Operations at the company, says Lego sees strong growth …
Lego continues to invest in Vietnam Read More
Norwegian company Yara Clean Ammonia has signed a new agreement to explore supplying low-carbon ammonia as marine fuel in Singapore. The deal was made with Japan’s NYK Line and Singapore-based …
Norway’s Yara joins partners to explore ammonia fuel supply in Singapore Read More
A new report from the Norwegian Seafood Council points to strong growth in China’s seafood consumption. The reports states that the growth is driven by shifting demographics, lifestyle changes and …
New report highlights booming Chinese demand for imported seafood Read More
A Danish, Dutch and Thai partnership is expanding wind turbine repair operations across Asia, following a new agreement to roll out mobile repair technology in up to 12 countries. The …
Danish, Dutch and Thai companies expand wind turbine repair operations across Asia Read More
The Swedish investment company EQT AB has raised $15.6 billion to invest in companies across Asia. The largest fund of its kind in the region right now, according to Channel News …
Swedish giant raises billions as Asia Read More
Danish engineering company Eltronic PtX has teamed up with Thailand’s Bonicorn and Estonia-based energy firm Elcogen, to introduce new clean energy solutions in Thailand. The partnership was announced at an …
Danish firm joins Thai partners to bring new clean energy technology to Thailand Read More
Thailand’s Index Living Mall Public Company Limited (ILM) plans to invest more than 200 million baht to expand the Danish lifestyle brand Flying Tiger Copenhagen in Thailand. The expansion includes …
Flying Tiger Copenhagen is set to expand across Thailand Read More
Malaysian company Cendana Auto has entered a strategic partnership with Finnish vehicle manufacturer SISU Auto to strengthen defence industry capabilities in Malaysia. The collaboration focuses on joint technology development, engineering, …
SISU Auto partners with Malaysia’s Cendana Auto Read More Thailand is planning a major reform to make it easier and faster for foreign companies to do business in the country, according to ASEAN Briefing. At the centre of the …
Thailand plans to make it easier for foreigners to start a business Read More
Novo Nordisk has entered a strategic partnership with OpenAI to boost drug discovery and development, R&D World reports. The collaboration will allow Novo Nordisk to analyse massive datasets at a …
Novo Nordisk expands in China while betting on AI Read More
Danish deep-tech company ATLANT 3D has signed an agreement with National University of Singapore to build a shared research facility in Singapore focused on discovering new materials using artificial intelligence. …
Danish tech firm and NUS team up on AI-driven materials lab in Singapore Read More
Danish fashion brand Rains has opened its first Asian flagship store in Shanghai, marking a major step in the company’s global expansion, Fashion Network reports. The 250-square-metre store is located …
Danish brand Rains opens first flagship in Asia Read More
Danish audio brand Jamo is set to return after being sold in 2024. The company will soon launch a new range of speakers under its new owners. Jamo is now …
Danish speaker brand Jamo returns under Chinese ownership Read More
Panamanian President José Raúl Mulino has moved to calm tensions with China following concerns over inspections of Panama-flagged vessels. The situation comes after a dispute linked to port concessions in …
Panama seeks to ease China tensions amid Maersk port dispute Read More
Finland-based Kempower says Malaysia’s growing EV charging network should prioritise utilisation over rapid expansion. The company points to Southeast Asia as a key growth region for electric mobility. Kempower states …
Kempower: Malaysia’s EV boom must shift focus Read More
A growing number of Danish firms are moving activities out of China as part of a wider shift in global supply chains. After decades of relying on the Chinese market, …
China no longer the safe bet for Danish companies in Asia Read More
A meeting between the Vietnamese Embassy in Sweden and Vingroup has outlined plans to bring electric taxi services to Sweden and the wider Nordic region, the Vietnam Embassy in Sweden …
Vietnam-backed electric taxis planned for Sweden Read More
The former Zhao Shang Yi Dun has been renamed Viking Yi Dun and rejoined the fleet of Viking Cruise. The renaming took place on 24 March 2026 at Shekou International …
Chinese ship rejoins Viking fleet Read More
Norway exported seafood worth NOK 15.5 billion in March, up 3 per cent from the same month last year. Strong demand from China played a key role in the increase, …
China drives growth in Norwegian seafood exports in March Read More
A billion-euro investment is placing TikTok at the centre of a growing European debate over data and security. The company plans to build a second data centre in Finland, this …
TikTok invests 1 billion euros in new data center in Finland as data fears grow Read More
Young Filipino-Swede Mr Axel Fries has taken over as NordCham Philippines’ new Executive Director, keen on leading the chamber to new heights, while not going ahead of himself. And while …
From tech start-ups to NordCham Philippines: Axel Fries is its new Executive Director Read More
Mastercard has started testing AI-powered payments in Southeast Asia. In a press release, the company says its system is now live in early markets including Singapore and Malaysia. The technology …
Mastercard starts testing AI payments in Southeast Asia Read More
Vietnam is introducing a new emergency law that could give authorities sweeping powers over businesses and daily life in times of crisis. The law was approved in December 2025 and …
New law gives Vietnam more power over businesses and daily life Read More
In northern Vietnam, local hospitals are transforming emergency care through international collaboration. Thuy Nguyen Medical Center recently performed its first successful thrombolysis on a 68-year-old stroke patient, restoring mobility within …
Swedish-Vietnamese hospital collaboration boosts emergency care in Vietnam Read More
Motor accidents can create more than one kind of financial loss. You may have to deal with damage or injury caused to another person, while your own car may also …
How Third-Party Car Insurance and Own Damage Cover Work Together in an Indian Claim Read More
When your day includes deep tillage, heavy haulage, or long hours on mixed terrain, the right tractor is the one that can hold pull without guzzling fuel or overheating. Mahindra …
New Mahindra NOVO tractors built for long hours and tough terrain Read More
Owning a vehicle in Asia involves unique challenges that differ from those in other parts of the world. From humid tropical weather to dense city traffic, your car goes through …
Smart Ownership Tips in Asia That Pair Well with Mopar Protection Plans Read More
Empty bottles are getting a second life in Singapore. The city-state has launched Southeast Asia’s first nationwide deposit return scheme for beverage containers, targeting a waste stream of more than …
Singapore launches bottle recycling system with Norwegian technology Read More
A Swedish industry giant is making a move in Thailand. Tetra Pak has opened a new food innovation centre in Rayong with one clear goal: speed. This was announced by …
Swedish giant storms Thailand with new food innovation hub Read More
If you walk the streets of Bangkok, statistics suggest that every second person you pass may be overweight. A new health initiative in Bangkok is aiming to tackle rising obesity …
Obesity crisis in Bangkok: Every second resident affected as Danish solution rolls out Read More
Vietnam’s textile industry is on the verge of a major shift. ABB, the global engineering giant, has signed a Memorandum of Understanding with Swedish startup Syre to explore technologies for …
Textile waste in Vietnam could get new life through Swedish partnership Read More