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.
Finland’s flag carrier Finnair will this winter be offering direct flights from Arlanda, Stockholm to Bangkok, and Phuket in Thailand. According to Breaking travel News, starting from 22 October, Finnair …
Finnair to offer long-haul routes from Sweden to Bangkok and Phuket Read More
Volvo Cars and its parent company Geely Holding have agreed to create a joint venture under the name Aurobay for its powertrain operations, as the companies proceed with their earlier …
Volvo Cars and Geely Holding create Aurobay for joint powertrain operations Read More
Norway’s telecom giant Telenor has entered into an agreement to sell 100 percent of its mobile business in Myanmar to M1 Group for NOK 900 million, the company recently announced. …
Norway’s Telenor sells its Myanmar business to M1 group for NOK 900 million Read More
According to reports from China, Finland’s Nokia is preparing the launch of its first 5G smartphone in China on 11 November, AH writes. The news reportedly came from Zhang Yucheng, the Product …
Nokia to launch its first 5G smartphone in China on 11.11 Read More
Favorable conditions for the installation of wind turbines in China primarily made 2020 a busy year for the wind turbine supplier Polytech and the company can present an annual result …
Danish Polytech doubled 2020 result primarily thanks to good market conditions in China Read More
The Chinese pharmaceutical company Shanghai Pharmaceuticals Holding Co. has acquired 100% of the share capital of the Finnish dental equipment manufacturer Fimet Oy along with its operations in Finland and …
Shanghai Pharmaceuticals acquires Fimet Oy and its operations in Finland and China Read More
Auramarine, the Finland-based fuel supply system provider for the marine industry and power plants has appointed Tomi Julin as the company’s new General Manager of Auramarine Asia Ltd. According to …
Auramarine appoints new GM to support growth plans in the Asian region Read More
Marsun Shipyard in Thailand has landed a contract for two Inertia M3 high-speed trimaran crew transfer vessels (CTVs) from the joint Danish-Taiwanese offshore establishment UMO, Offshore wind reports. UMO was …
Thai shipbuilder lands contract with Danish-Taiwanese offshore company Read More
The Philippines’ first IKEA store will launch its membership program, “IKEA Family,” on 7 July to reach, inspire, and support members in creating their dream homes. The Swedish furniture giant’s …
IKEA Philippines launches membership program Read More
According to a new report, figures show a sharp improvement in earnings in the second quarter of 2021 for the Swedish fashion giant H&M although the company recently took a hit …
Strong growth for H&M despite hit in China sales Read More
The export value of Norwegian seafood has never been higher in the first half of the year than in 2021, the Norwegian Seafood Council announced in a recent press release. …
Best first half-year of all time for Norwegian seafood exports Read More
On 1 July, the Malaysian state-owned Digital Nasional Berhad (DNB) announced that it has chosen the Swedish telecom giant Ericsson to develop its fifth-generation (5G) network and ecosystem even though …
Malaysia appoints Ericsson over Huawei as 5G development partner Read More
In a recent article, the news agency Reuters reports that Norway’s Telenor is considering selling its business in Myanmar. Telenor itself states that they are considering various alternatives due to …
Reuters: Telenor is considering selling its business in Myanmar Read More
Southern China is home to some of the world’s busiest container ports but recent outbreaks of the coronavirus have seen canceled flights, blocked communities, stopped trade along the coastline, and …
Maersk warns delay due to huge backlogs at Chinese ports Read More
Volvo Cars owned by Geely Holding of China is partnering up with Swedish battery maker Northvolt in the development of batteries for both Volvo and Polestar. To find out the …
Volvo Car partners with Northvolt to develop and manufacture batteries Read More
The Swedish brand Gaston Luga, producer of quality backpacks and accessories inspired by Scandinavian design and living, is now available in Thailand. According to an introduction by the Embassy of Sweden in …
Swedish Gaston Luga now available in Thailand Read More
If you are looking for Swedish household goods, food, and snacks in Singapore, then look no further as the Try Swedish shop has it all with direct delivery at your …
‘Try Swedish’ shop positions Sweden as a culinary nation in Singapore Read More
PRESS RELEASE JUNE 2021: Svanehøj gets its breakthrough in the container ship market: Shipyard giants Daewoo Shipbuilding & Marine Engineering and Samsung Heavy Industries have ordered deep-well gas fuel pumps …
Svanehøj wins fuel pump orders for 22 LNG-powered ULCV’s Read More
The competition for customers intensifies between Scandinavian air carriers and Singapore Airlines as the island-state carrier is opening up a new fifth-freedom route linking Copenhagen with Rome for some long-haul …
Singapore Airlines opens new European ‘fifth-freedom’ route via Copenhagen Read More
In a press release, Huawei regrets the Swedish Administrative Court’s ruling upholding a ban against the Chinese telecom giant selling 5G equipment in Sweden, which they believe is contrary to …
Huawei is disappointed with the Swedish court’s ruling Read More
As an unusual arrival procedure Finland’s new Ambassador to Thailand, Mr Jyri Järviaho, along with his wife Elina Multanen, began their new life as ambassador couple with a two weeks’ …
Jyri Järviaho debuts as Finland’s Ambassador to Cambodia and Thailand Read More
The Swedish company Aegirbio, which specializes in Covid-19 saliva tests, has together with Nowmed Sweden landed an order valued at approximately SEK 100 million, Dagens Industri reports. Aegirbio’s Covid saliva …
Swedish Aegirbio signs 100 million SEK order on Covid test for distribution in Asia Read More
Business Finland supports Finland-China innovation collaboration and recently co-hosted a China-Finland high-tech field matchmaking event both online and in the city of Nanjing, in China’s Jiangsu province, the Consulate General …
Business Finland co-host China-Finland matchmaking event Read More
Finnair and the Chinese airline Juneyao Air have signed a joint-venture agreement to deepen the airline’s commercial relationship on the Helsinki-Shanghai route and network points beyond, media FlightGlobal reports. Both …
Finnair and China’s Juneyao Air join forces on the Helsinki-Shanghai route Read More
The Danish shipping and logistics giant Maersk will introduce more containers and continue to offer alternative integrated solutions including air charters and intercontinental freight train services between China and the …
Maersk tackling container shortage between China and the world Read More
The Thai-Swedish Chamber of Commerce welcomes its new member, Chow Steel Industries Public Company. CHOW company launched Chow Energy PCL. (CEPL) to operate as a holding company with a policy …
SweCham welcomes new member Chow Steel Industries Public Company Read More
The Swedish Administrative Court upheld on 22 June the ban against Huawei selling 5G equipment in Sweden, Reuters reports. Last year, the Swedish Post and Telecom Agency PTS stated that …
Swedish court upholds 5G ban on Huawei Read More
The Danish water treatment specialist Aquaporin is exhibiting the company’s latest products and solutions at their virtual booth at the all-virtual Singapore International Water Week (SIWW) which runs from 21 …
Danish water treatment specialist showcases at Singapore International Water Week Read More
Norway’s Telenor announced on Monday morning the signing of the agreement with Malaysia’s Axiata involving the merger of Telenor’s company Digi and Axiata’s company Celcom, media E24 reports. The value …
Telenor and Axiata sign agreement to merge companies in Malaysia Read More
Digital marketing is an industry in demand and currently worth over $300 billion. More and more businesses are looking to develop and improve their online presence, and like any industry, …
How to Build Your Own Digital Marketing Business from Scratch: Step-by-Step Guide Read More
The Danish company ScanTech Marine, which specialized in the repairs of advanced ship technology in China, has gone bankrupt due to the pandemic. In an interview with Danish media BT, …
ScanTech Marine goes bankrupt, CEO starts over Read More
Novo Nordisk Thailand has been recently recognized as one of the best companies to work in Thailand, Thailand Business News reports. Novo Nordisk Thailand is an affiliate of the Danish …
Novo Nordisk in Thailand a great place to work Read More
Ole Henriksen is one of the most popular skincare brands out there. Created by the Danish celebrity facialist Ole Henriksen, the product collection is now available again in Singapore for …
Ole Henriksen’s skincare products return to Singapore Read More
Spotify – the Swedish music company with global fans – announced on 17 June 2021 that the company has acquired Podz, a small, talented team of entrepreneurs, engineers, and designers, …
Spotify Accelerates Podcast Discovery With Acquisition of Podz Read More
On 18 June 2021 His Royal Highness Crown Prince Haakon of Norway together with Her Royal Highness Crown Princess Victoria of Sweden led a conversation about marine litter with the …
Swedish Crown Princess Victoria and Norwegian Crown Prince Haakon discuss plastic pollution Read More
Polestar, the electric-car maker Volvo Car AB and its owner, Zhejiang Geely Holding Group Co., will produce its new Polestar 3 SUV at Volvo’s U.S. plant in South Carolina. Polestar …
Volvo-Geely Polestar Brand to Build Next Electric SUV in U.S. Read More
Tetra Pak Thailand, and partner networks are opening a ‘Recycle Collection Center’ or the point of receiving clean packaging materials that are not being used to develop into a value-added …
TetraPak and partners launch drive-thru ‘Recycle Collection Center’ Read More
The largest of Sweden’s national pensions buffer funds, AP7 has, following a planned review of allocations, excluded two Chinese firms, Pension&Investments reports. AP7 reviews the fund’s exclusions list twice a year …
Swedish Pension Fund blacklists two Chinese firms Read More
Thai-Swedish Chamber of Commerce invites members to join an online wellbeing session on 17 June 2021 focusing on options how to relax from stress with ‘Relax, Retreat, Restart’. The sessions …
TSCC invites to online well being webinar Read More
The Danish fashion brand Ganni is expanding into the Chinese market with the company’s launch on the popular online retail platform Tmall, part of the Alibaba Group. Media Fashion United …
Danish fashion brand Ganni launches on China’s Tmall platform Read More
The Embassy of Denmark in Vietnam is assisting a Danish company, the La Gan Wind Power Corporation, in recruiting a legal counsel to their team. The following announcement explains all: …
La Gan Wind Power Corporation seeks legal counsel Read More
In 2019, Norwegian Telenor and Malaysian Axiata tried to merge their entire Asian businesses into one global mobile giant. The plan was abandoned later that year, but now the parties …
Telenor and Axiata close to merger in Malaysia Read More
NordCham Philippines will team up with several partners to address the what, why, and how relating to improving seafarers’ mental health and well-being in an upcoming webinar on 23 June. …
NordCham Philippines concerned with seafarers’ mental health Read More
The European Chamber of Commerce of the Philippines (ECCP) recently awarded Swedish fashion giant H&M with the Circular Economy Award during the ECCP 2021 Europa Awards hosted in the Philippines. …
EuroCham Philippines grants H&M Circular Economy Award Read More
The Swedish EMS provider Hanza is expanding the company’s operations in China by moving to new and larger premises, media Evertiq reports. The global knowledge-based manufacturing company’s new premises are …
Swedish EMS provider Hanza invests in Chinese operations Read More
11 June 2021 IKEA launched the latest collection LOKALT worldwide. This unique collection promotes social entrepreneurs from Thailand and other places to create opportunities and livelihood for local artisans. ‘LOKALT’ …
LOKALT collection by IKEA is now available Read More
The annual China International Import Expo (CIIE) has become an important investment platform for Danish companies, says Jesper Halle, commercial consul of the Royal Danish Consulate General in Shanghai. Jesper …
China International Import Expo is an important investment platform for Danish companies Read More
Banni Jewelry, the Swedish origin jewelry brand, just launched the first series design of ‘simple and natural’ in Singapore set with an aim to seek like-minded women’s recognition. Banni’s Jewelry …
Banni Jewelry launches the first collection in Asia Read More
On 9 June 2021 the Nordic Innovation House called out to all mission-driven entrepreneurs looking to launch their own companies or ideas for the future. The NIH-has join hands with …
Nordic Innovation House offers course together with General Assembly in Singapore Read More
On 10 June 2021 the Nordic Innovation House Singapore introduced the latest member. Johan Möller, Co-Director of Southeast Asia and head of Brighter – A human innovation company‘s operations in …
NIH-SG welcomes new Swedish health tech member Read More