Shein takes Denmark by storm
The Chinese fashion company Shein has really caught the attention of young Danes with their trendy and cheap products and their app is now one of the most downloaded apps …
Shein takes Denmark by storm Read MoreBusiness in Asia: Nordic Companies, Trade and Industry News
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.
Explore Thailand with Expat Guide Thailand and EuroThaiLink
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.
China Automotive Systems acquires 40 percent of Swedish Vehicle Technology Firm
The Chinese Hubei Henglong Automotive Systems Group, a wholly-owned subsidiary of China Automotive Systems (CAAS) has acquired a 40 percent interest in Swedish automotive technology company Sentient AB for a …
China Automotive Systems acquires 40 percent of Swedish Vehicle Technology Firm Read More
Tetra Pak celebrates World Food Safety Day by highlighting the importance of innovation
News Release: Bangkok (11 June 2021) – Swedish/Swiss Tetra Pak, a world-leading processing and packaging solutions company, celebrates the week of WHO World Food Safety Day – the occasion to …
Tetra Pak celebrates World Food Safety Day by highlighting the importance of innovation Read More
Georg Jensen moves production of Christmas decoration to Thailand
The Danish designer company Georg Jensen has for decades manufactured its iconic and world-known Christmas decorations at its factory in Hjørring Denmark, but this year’s collection will be the last …
Georg Jensen moves production of Christmas decoration to Thailand Read MoreDanish embassy introduces 4 more brands on Lazada Vietnam
On 7 June 2021 the Royal Danish Embassy in Vietnam introduced 4 new Danish brands on Lazada online marketplace, that read: Abena, Bambo Nature, Jabra and Scanpan are now available …
Danish embassy introduces 4 more brands on Lazada Vietnam Read More
Finnish F&B pavilion at Zhejiang International Import Exhibition
Twelve Finnish food and beverage companies are participating in a joint Finnish pavilion at the Zhejiang International Import Exhibition this week. The opening ceremony of the event featured a video …
Finnish F&B pavilion at Zhejiang International Import Exhibition Read More
Danish Nimalift successful in selling Chinese machines
The Danish company Nimalift is successful in selling car lifts and tire machines that are produced in China. So successful in fact, that the company’s profit more than doubled in …
Danish Nimalift successful in selling Chinese machines Read More
Danish tugboat operator signs ten-year gas contract in the Philippines
The Danish Marine operator Svitzer has signed a ten-year contract with FGEN LNG Corporation, a unit of First Gen Corporation for towage and vessel support services to its LNG terminal …
Danish tugboat operator signs ten-year gas contract in the Philippines Read More
Business in Asia / Norway / Oil and Gas, Mining / Singapore / Sustainability / Transportation, maritime
Yara and Trafigura collaborate on ammonia-based shipping fuel
The Norwegian chemical company Yara has joined forces with the Singapore/Swiss multinational commodity trading company Trafigura to develop and promote the use of ammonia as a clean fuel in shipping, …
Yara and Trafigura collaborate on ammonia-based shipping fuel Read More
Attend: FBC Singapore webinar on HR and recruitment
The Finnish Business Council in Singapore invites members to the next webinar on post-pandemic HR and recruitment on 17 June 2021. The invitation reads: FBC Singapore organizes a webinar on …
Attend: FBC Singapore webinar on HR and recruitment Read More
IKEA Philippines finally getting ready
The Swedish furniture maker IKEA’s first store in the Philippines can finally begin stocking up products, as the first batch of products has arrived at the country’s store at the …
IKEA Philippines finally getting ready Read More
Nordic Innovation House introduced new water treatment member
On 7 June 2021, the Nordic Innovation House Singapore (NIH-SG) introduced its newest member, Flootech. Flootech is a leading Finnish provider of water treatment solutions. The company will soon deliver, …
Nordic Innovation House introduced new water treatment member Read More
Reima cuts ties with Chinese company over possible links to forced labour
The Finnish clothing manufacturer Reima has said the company is ending its partnership with a Chinese subcontractor after Finnish media Yle published an investigative report on possible links to forced …
Reima cuts ties with Chinese company over possible links to forced labour Read More
HEI Schools signs agreement to bring Finnish Early Childhood Education studies to Malaysia
News Release: HEI Schools, a Finnish early education company, and SEGi Group of Colleges Malaysia have signed an agreement to cooperate in developing SEGi’s Early Childhood Education Diploma program in …
HEI Schools signs agreement to bring Finnish Early Childhood Education studies to Malaysia Read More
Team Finland China visits companies in Shanghai
Team Finland China Business delegation was busy last week, conducting various business meetings and visits. Team Finland China network aims at promoting Finland and Finnish companies in China and to …
Team Finland China visits companies in Shanghai Read More
Malaysia and Norway discussed the next green development
On 3 June 2021 the Royal Norwegian Embassy in Kuala Lumpur released a thank you note to another successful discussion, that said: Many thanks to InvestKL CEO Muhammad Azmi Zulkifli …
Malaysia and Norway discussed the next green development Read More
Nokia: Malaysia laying right foundation for nation’s long-term digital transformation
According to Finnish telecommunication company Nokia, Malaysia is laying the right foundation for the nation’s long-term digital transformation and the National Digital Network (Jendela) initiative will be a critical component …
Nokia: Malaysia laying right foundation for nation’s long-term digital transformation Read More
IKEA offers post-pandemic workspaces in Singapore
The Swedish furniture giant IKEA is catering to post-pandemic workspaces in Singapore and the company has reinvented its headquarters in the city-island state to meet social distancing rules and attract …
IKEA offers post-pandemic workspaces in Singapore Read More
FinnCham HK welcomed new Board of Directors
The Annual General Meeting of FinnCham HK was held on 3 June 2021. FinnCham HK would like to welcome – apart from 4 re-elected board members – the new board …
FinnCham HK welcomed new Board of Directors Read More
IKEA’s Swedish food products now available for delivery in Singapore via Food Panda
Now you can get IKEA’s Swedish Food market products delivered straight to your home in Singapore. IKEA Singapore has various products available for islandwide delivery via the Food Panda App. …
IKEA’s Swedish food products now available for delivery in Singapore via Food Panda Read More
Wärtsilä finalizes commissioning of its first two Energy Storage projects in the Philippines
Press release: The Finnish technology group Wärtsilä has signed multiple energy storage contracts with SMC Global Power Holdings Inc. through its subsidiary, Universal Power Solutions Inc., in the Philippines during …
Wärtsilä finalizes commissioning of its first two Energy Storage projects in the Philippines Read More
China flags H&M children’s clothing products for quality and safety risks
China has flagged 81 imported children’s clothing products from H&M, Zara, and Nike for quality and safety risks, media Newsweek reports. The warning note was recently published by the General …
China flags H&M children’s clothing products for quality and safety risks Read More
Indonesian Amartha raises $7.5 million in funding from Norway’s Norfund
The Indonesian Peer-to-peer (P2P) lending startup, Amartha has raised $7.5 million from the Norwegian government-owned investment fund, Norfund, media Dealstreetasia reports. Amartha is a financial technology company that connects micro and SME …
Indonesian Amartha raises $7.5 million in funding from Norway’s Norfund Read More
Volvo Cars Malaysia launches reusable face masks
You may not be able to buy a new Volvo right now, but you can buy a branded reusable antimicrobial face mask with the Swedish car maker’s logo on it …
Volvo Cars Malaysia launches reusable face masks Read More
Business in Asia / Cambodia / China / Hong Kong / Indonesia / Malaysia / Philippines / Singapore / Sweden / Taiwan / Thailand / Vietnam
Sweden-Southeast Asia Business Summit aims at #reset
Sweden is open for business with Southeast Asia, one of the most dynamic regions in the world, with robust growth figures and increasing wealth for many people, the Embassy of …
Sweden-Southeast Asia Business Summit aims at #reset Read More
Business in Asia / Cambodia / China / Finland / Hong Kong / Indonesia / Laos / Malaysia / Myanmar / Philippines / Singapore / Sweden / Taiwan / Thailand / Vietnam
Potential for Green Recovery in Developing Asia
The Finnish Chambers of Commerce in Asia invites you to its next virtual conference, titled ‘Circular Economy in Emerging Markets: Unlocking the Potential for Green Recovery in Developing Asia.’ The …
Potential for Green Recovery in Developing Asia Read More
Electrolux engages Thai youth in exploring solutions for future sustainable homes
The Swedish home life brand Electrolux engages young Thai people to explore solutions for future sustainable homes through their campaign, “Better Living in 2030”. With the campaign, Electrolux aims to …
Electrolux engages Thai youth in exploring solutions for future sustainable homes Read More
Danish Pavilion remains Lazada Vietnam’s only online national pavilion
The Embassy of Denmark in Vietnam proudly introduces the Danish pavilion on Lazada Vietnam as the first and only national pavilion on an online marketplace in Vietnam. The Danish Pavilion …
Danish Pavilion remains Lazada Vietnam’s only online national pavilion Read More
JYSK opens at Design Village Kaset-Nawamin in Bangkok
The Danish retail chain JYSK will be opening its newest store at the Design Village Kaset-Nawamin in Bangkok on 1 June, according to a recent announcement via JYSK Thailand’s Facebook …
JYSK opens at Design Village Kaset-Nawamin in Bangkok Read More
Foreo names Chinese popstar as Global Brand Ambassador
The Swedish beauty tech giant Foreo has named the Chinese singer Xin Liu, from the pop group THE9, as its new Global Brand Ambassador, The Moodie Davitt Report writes in …
Foreo names Chinese popstar as Global Brand Ambassador Read More
Danish Embassy in the Philippines samples Lionheart Farm products
The Royal Danish Embassy in the Philippines hosted a product sampling session with Lionheart Farms Philippines Corporation. The products sampled are made from coconut flour, which is developed using sustainable …
Danish Embassy in the Philippines samples Lionheart Farm products Read More
Vietnam’s paint industry is growing well
Construction of Norwegian paint maker JOTUN’s new $100 million water-based and powder coatings factory is expected to be completed this summer in Hiep Phuoc Industrial Park of Ho Chi Minh …
Vietnam’s paint industry is growing well Read More
Swedish Food Network and DCCC visited Danish Crowns in Pinghu
The Swedish Food Network and DCCC recently partnered up with Danish Crown and hosted a visit to Danish Crowns pork processing facility in Pinghu, China. About the visit, SwedCham China …
Swedish Food Network and DCCC visited Danish Crowns in Pinghu Read More
Maersk international destinations sent medical aids to assist India
Maersk has so far transported over 6,000 oxygen concentrators, 500 oxygen cylinders, 60 cryogenic oxygen tanks and several medical supplies and ventilators into India to support the country’s fight against …
Maersk international destinations sent medical aids to assist India Read More
Novo teams up with VIVO Capital for biopharma expansion
Novo Holdings has announced that it wil co-lead with Vivo Capital the over-subscribed US$200-million Series A and Crossover round in Esco Lifesciences Group (“Esco”), a leading provider of life sciences …
Novo teams up with VIVO Capital for biopharma expansion Read More
Danish microbrewery Mikkeller opens second spot in China
The Danish microbrewery Mikkeller has opened its second spot in China in the old El Luchador space in Xuhui District, Shanghai. Mikkeller opened its first spot in China last year and …
Danish microbrewery Mikkeller opens second spot in China Read More
Danish pension fund investigates stocks linked to Myanmar military
The Danish pension fund P+ has put 11 of its portfolio stocks under close investigation regarding their business links to the Myanmar military regime, the fund reveals in a recent …
Danish pension fund investigates stocks linked to Myanmar military Read More
Nokia will power east coast of Malaysia and the Philippines
Nokia Corp has been chosen by Allo Technology Sdn Bhd to deploy a gigabit fibre network in Melaka, Johor, Negri Sembilan and the east coast of Malaysia. Allo, a Malaysian-based …
Nokia will power east coast of Malaysia and the Philippines Read More
Philippines’ DITO picks Nokia as 5G partner
Philippine telco Dito Telecommunity Corporation (DITO) has picked Finnish Nokia as its tech partner for the rollout of its 5G network across the country’s second-largest island, Mindanao. According to reports …
Philippines’ DITO picks Nokia as 5G partner Read More
IKEA to take over five of Giant Supermarket’s locations in Indonesia
The Swedish furniture company IKEA is expected to open five new stores in Indonesia that used to house the major supermarket chain Giant Supermarket, Coconuts Jakarta reports. Both IKEA and …
IKEA to take over five of Giant Supermarket’s locations in Indonesia Read More
Cambodian cook book to be launch in Sweden
On 24 May 2021 the Khmer Times reported “The Taste of Angkor”, heritage of Khmer’s culinary art finely selected and published by the Ministry of Foreign Affairs and International Cooperation …
Cambodian cook book to be launch in Sweden Read More
Ambassador Måwe shares why Swedish business should invest in Vietnam
On 25 May 2021 the Embassy of Sweden released a vdo clip of Ambassador Ann Måwe explaining to Swedish businesses why Vietnam should be another place to consider investing in. …
Ambassador Måwe shares why Swedish business should invest in Vietnam Read More
Norwegian Crayon officially launch AI practice in the Asia Pacific
The Norwegian IT consultancy firm Crayon has officially launched its AI practice in the Asia Pacific with the opening of the company’s new AI Centre of Excellence in Singapore, Channel …
Norwegian Crayon officially launch AI practice in the Asia Pacific Read More
Norwegian Salmon sashimi is now available in over 100 Singaporean vending machines
In Singapore, it is not only coke and late-night snacks people buy from vending machines and premium Norwegian Salmon sashimi is a big hit. So big in fact that you …
Norwegian Salmon sashimi is now available in over 100 Singaporean vending machines Read More
Ericsson flags risk of losing market share in China amid Huawei ban
The Swedish telecom multinational networking and telecommunications company Ericsson has flagged a risk of losing 5G market shares in China amid Sweden’s ban of Huawei from its 5G networks due …
Ericsson flags risk of losing market share in China amid Huawei ban Read More
Business in Asia / Cambodia / Finland / Malaysia / Manufacturing / Philippines / Retail & Wholesale / Singapore / Sustainability
Malaysian company launch early care solutions in Finland and Cambodia
The Malaysian company Offspring has launched its products in four new countries including Finland and Cambodia, local media The Star reports. Offspring Inc, which is 51%-owned by the Malaysian homegrown …
Malaysian company launch early care solutions in Finland and Cambodia Read More
First 100 all-electric Chinese BYD cars headed to Norway
Chinese all-electric carmaker BYD has shipped its first 100 deliveries of BYD Tang 600 SUV to Norway, media Clean Technica writes in a recently published article. BYD celebrated the send-off …
First 100 all-electric Chinese BYD cars headed to Norway Read More
Singapore and Sweden can help each other in sustainable-related businesses
Speaking at the Sweden-Southeast Asia Business Reset Summit 2021 on 25 May, Singapore’s Trade and Industry Minister Gan Kim Yong said that Singapore and Sweden can help each other in …
Singapore and Sweden can help each other in sustainable-related businesses Read More
Hong Kong Heritage Pork introduces Danish production methods
Hong Kong Heritage Pork is one of few branded pig farms in Hong Kong and the first to introduce cutting-edge livestock equipment, feed formulas, and breeding management from Denmark, Yahoo …
Hong Kong Heritage Pork introduces Danish production methods Read More
FINDS in Hong Kong celebrates the Nordic spring
If you are a FinnCham member in Hong Kong, you are currently in for a treat. FINDS takes you on a gastronomic journey around the five Nordic countries in Tsim …
FINDS in Hong Kong celebrates the Nordic spring Read More