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.
Denmark-based SKIOLD has, in cooperation with Tan Long Group, launched Hanh Phuc Rice Mill which is the largest paddy rice handling and storage facility in Southeast Asia. In a press release, …
SKIOLD and Tan Long Group launched paddy rice handling and storage facility in Vietnam Read More
Small microchips form the cornerstone of much of the electronics we use daily. But in recent years, microchips have been in short supply, and it has created long waiting times …
Shutdowns in China extends computer chip shortage – Danish companies worried Read More
The modern Nordic restaurant Frantzén’s Kitchen Hong Kong is closing its door after five years in the city. The award-winning restaurant is part of the international Frantzén’s Group of restaurants …
Frantzén’s Kitchen Hong Kong is closing Read More
Telenor decided to sell its Myanmar businesses due to the situation in the country. Myanmar’s military junta has now approved the sale, E24 writes quoting anonymous Reuters sources. M1 Group will join …
Myanmar military junta approves Telenor sale Read More
Is there a healthier place to live than where you are currently living? If you knew where it is, would you move there? Yes, of course, – if it wasn’t …
Best city for healthy living in the world Read More
Stockholm takes gold place in the Oliver Wyman Forum’s ranking of the world’s big cities based on mobility. The forum highlights in particular Stockholm’s public transport and infrastructure. “Stockholm has …
Stockholm best traffic city world-wide Read More
H&M’s storytelling brand Monki is set to launch in Singapore in partnership with e-commerce platform Zalora, Insider Retail Asia writes. Monki offers Scandi-cool fashion at a competitive price, aiming to be kind …
H&M’s Monki to launch in Singapore through Zalora Read More
On 17 January, Vice President of LEGO Group Preben Elnef said that the Danish toy manufacturer will speed up their $1 billion factory project in Binh Duong as committed. Preben …
LEGO to accelerate the construction of Binh Duong factory Read More
The Swedish ladder company Telesteps will move the company’s production from China to a newly built factory in Sweden. Telesteps says in a recent press release that from now on, the company’s …
Telesteps moves production from China to Sweden Read More
Rumors have been circulating for a few weeks but Telenor Group has now officially confirmed that the Norwegian telecom giant has agreed to sell its 51 percent share in Wake …
Telenor confirms sale of share in Wave Money Myanmar to Yoma Strategic Read More
Here we go again. A few thoughts about my last trip to Sweden, the return to Thailand and the quarantine. After having spent 3 weeks during Christmas and New Year …
Another Bangkok quarantine on the 10th floor at Fraser Suites! Read More
In the last half of January, two large cargo aircraft will be landing and taking off several times from Billund Airport as they will be transporting 35 million covid-19 self-test …
Two planes to deliver 35 million self-tests from China to Denmark Read More
The Danish ad-tech company Adnami has this week announced that it is entering the Vietnamese market. As one of the world’s leading providers of high-impact advertising, Adnami helps brands and …
Danish ad-tech company Adnami enters Vietnam to help brands make a better impression Read More
Chinese carmaker Geely’s premium electric car manufacturer Zeekr begins a partnership with Alphabet’s Waymo to integrate Waymo Driver into a version of the new mobility-focused, all-electric Zeekr vehicle, designed in …
Geely and Waymo start collaboration on cars produced in Gothenburg Read More
Finland’s flag carrier Finnair will reduce its traffic program for February by around 20% and offer other flight options to its customers, the airline said in a statement. The reduced traffic …
Finnair to reduce flights to Singapore and Hong Kong in February Read More
The Swedish telecom giant Ericsson, Universiti Teknologi Malaysia (UTM), and Digital Nasional Berhad (DNB) recently announced their collaboration for an education initiative on 5G in Malaysia that will help educate …
Ericsson and Malaysia’s UTM and DNB collaborate to prepare students for the 5G era Read More
Singapore-based Sembcorp Marine has built and sent three wellhead and riser topsides for the redevelopment of the TotalEnergies-operated Tyra gas project in the Danish North Sea, the Norwegian Energy Company …
Important progress for Tyra as topsides departs from Singapore Read More
The Finnish technology group Wärtsilä has signed a long-term Optimised Maintenance Agreement with Singapore-based NYK Shipmanagement, the company announced on 10 January. According to this press release, the 13-year contract is …
Wärtsilä optimized maintenance agreement with Singapore based NYK Shipmanagement Read More
H&M has once again teamed up with Danone AQUA for the bottle2fashion project, which transforms plastic bottle waste from across the islands of Indonesia into recycled polyester. The Swedish fashion …
H&M is again turning plastic waste from Indonesian beaches into everyday fashion Read More
Last week, Norwegian energy company Equinor’s Johan Castberg production vessel left Sembcorp Marine yard in Singapore and is scheduled to set sail for Norway next month, Energy Voice writes. In a video …
Johan Castberg production vessel leaves Sembcorp Marine yard in Singapore Read More
Danish toy company Lego Group, one of the world’s largest toy manufacturers, has announced plans to expand its factory located in Jiaxing, China creating additional capacity to meet long-term growth in China …
LEGO Group expands manufacturing capacity at Jiaxing factory to support long-term growth Read More
Trade between Cambodia and the European Union was valued at approximately $3.48 billion in the period January to October 2021 which is an increase of 11 percent year-on-year, according to …
Trade between the EU and Cambodia up 11 percent Read More
Jan Holm, Head of Maersk Drilling in Singapore is joining the Danish company Seaborg to head its activities in Southeast Asia as the company opens its second overseas office, Seatrade Maritime writes. …
Head of Maersk Drilling in Singapore is switching from offshore drilling to nuclear power barges Read More
The Norwegian telecom giant Telenor has agreed to sell its 51 percent stake in Myanmar’s mobile financial services provider Wake Money, Nikkei Asia reports. According to people close to the deal, Telenor …
Sources say Telenor is to sell its stake in Myanmar’s Wave Money Read More
The Vietnam Trade Office in Sweden and North Europe works to boost exports and plans to take European food importers to Vietnam to buy goods this year while popularising more …
Vietnam Trade Office in Sweden and North Europe works to boost exports Read More
Getting fireworks in January is a bit like receiving last year’s newspaper in the mail which is what is happening in Norway currently. NRK writes that tons of fireworks on a cargo …
Fireworks en route from China to Norway delayed and arrives after new years Read More
The Swedish furniture giant will raise prices by an average of 9 percent across its stores worldwide due to problems in the supply chain, TV2 writes. According to IKEA’s press contact in …
Ikea to raise prices worldwide due to supply chain problems Read More
The Norwegian company Borr Drilling Limited recently announced that it has reached agreements in principle with the company’s largest creditors, the Singaporean yards, to refinance and defer a combined $1.4 billion debt …
Singaporean yards agrees to defer $1.4 billion receivables from Borr Drilling for 2 years Read More
The Danish company Ecooking, which makes a wide range of cosmetics and skincare products, is ready for expansion into markets in Asia as well as the USA, JydskeVestkysten writes. Founded in 2015, …
Danish cosmetic company Ecooking is ready for Asia expansion Read More
The Chinese-manufactured Boson-brand test, distributed by Pamark Group, is the most-sold antigen test in Finland and so far this month, Pamark has imported three million home test kits. YLE writes that …
Chinese-manufactured Boson-brand test is the most-sold antigen test in Finland Read More
It has been a good year for Cambodia’s bicycle export and according to recent figures from the Ministry of Commerce, bicycle manufacturers in the country earned $514 million from exports …
Cambodia’s bicycle export increase: Denmark and Sweden part of main markets Read More
Norges Bank Investment Management (NBIM), which runs Norway’s Government Pension Fund Global (GPFG), has decided to exclude one of China’s top pharmaceutical companies, Yunnan Baiyao due to endangered animal concerns. …
Norges Bank excludes Chinese Yunnan Baiyao on endangered animal concerns Read More
Following the government of Singapore’s decision to temporarily suspend new Vaccinated Travel Lane (VTL) flights, Singapore Airlines has announced a suspension of bookings under the VTL scheme until 20 January 2022. Before …
Singapore Airlines suspends bookings for VTL flights Read More
The Tourism Authority of Thailand (TAT) recently welcomed TUI Nordic’s first winter 2021/2022 charter flights to Phuket and Krabi, as part of the tour operator’s series of charter flights from …
Thailand’s Phuket and Krabi welcomed TUI charter flights from Norway Read More
IKEA Philippines has teamed up with the Filipino technology-logistics company Mober for its last-mile electric vehicle delivery to reduce carbon emissions, PhilStar reports. The Swedish furniture giant is selling more and more …
IKEA Philippines partners with Mober for e-vehicle delivery service Read More
Maersk has reached an agreement to acquire LF Logistics, a Hong Kong-based contract logistics company, with premium capabilities within omnichannel fulfillment services, e-commerce, and inland transport in the Asia-Pacific region, …
Maersk to acquire Hong Kong-based LF Logistics, a premium omnichannel fulfillment company Read More
Santa Claus either lives in Greenland or Lapland according to who in the Nordic region you ask but his workshop is located in the Chinese city of Yiwu, which exports …
Santa Claus lives in the Nordic region but his workshop is located in China Read More
Different areas of Copenhagen have cleaned up their act and are now foodie hotspots. In a recent article, Kate Wickers for the Daily Mail visits various places in the Danish capital and …
Kiin Kiin in Copenhagen: Only Thai restaurant outside Thailand with a Michelin star Read More
The Swedish-Swiss processing and packaging solutions company Tetra Pak, along with 50 other leading companies and NGOs, signed an MOU to further drive the Extended Producer Responsibility (EPR) initiative in …
Tetra Pak teams up with Government and Industrial partners to drive EPR in Thailand Read More
A new project between TotalEnergies and Vanco Industries to install 750kWp of rooftop solar in the province of Kandal in Cambodia will help garment manufacturers such as the Swedish retailer …
A new project in Cambodia offers solar solutions to garment manufacturers such as H&M Read More
The Danish international shipping and logistics company DFDS’s new roll-on, roll-off passenger ferry, Aura Seaway, is on its way to Denmark from China, the company recently said. The 230-meter-long newbuild is …
South China’s largest shipbuilder delivers luxury ferry to Denmark Read More
The Swedish pension fund AP7 has on 8 December updated its black list and added a total of seven new companies including five Chinese coal-fired power companies, the fund recently announced. …
Swedish pension fund blacklist five Chinese companies due to the Paris Agreement Read More
Despite the pandemic, Philippine exports to Denmark rose 205 percent year-on-year in September, according to the Department of Foreign Affairs (DFA). Preliminary data from the Philippine Statistics Authority (PSA) and the …
Philippine exports to Denmark saw major growth in September Read More
Volvo Cars suffered a cyberattack on some of its research and development property, the Chine-owned Swedish company said in a press release on 10 December. “Volvo Cars have become aware that …
Volvo Cars say it suffered a cyberattack Read More
Thailand’s property market is poised for a tech transformation after Lazudi became the kingdom’s first cloud-based property agency with a $2 million investment from Swedish venture capital company PropTech Farm, …
Thailand’s Lazudi raises $2m investment from Swedish venture capital firm PropTech Farm Read More
From Sunday 12 December, there will be no more engine noise and diesel fumes from the city buses in the Danish city of Esbjerg because 29 Chinese Electric buses will …
Chinese Electric buses hit the streets of Denmark Read More
Denmark’s LEGO Group signed on 8 December a Memorandum of Understanding with Vietnam Singapore Industrial Park Joint Venture Company Limited (VSIP) to build a new factory in Vietnam. The facility …
The LEGO Group announces plans to build new factory in Vietnam to support long-term growth Read More
Finland’s largest airline Finnair has become the first international airline to resume flights to Krabi, with the operation of a four times weekly service between Helsinki and Krabi, the Tourist …
Finnair to resume direct flights between Helsinki-Krabi with 4 flights a week Read More
Finnish corporation Solar Finland Ltd, a Finnish solar energy corporation, has signed an agreement to establish a joint venture in Thailand, the company recently announced. The announcement says that the investment …
Solar Finland establishing a production facility for photovoltaic modules in Thailand Read More
She coaches corporate top leaders in Asia on leadership, she’s a long-standing chairwoman at Executive’s Global Network (EGN) in Singapore, she spearheads a non-profit initiative to bring more diversity on …
Singapore-based social serial entrepreneur Mette Johansson Read More