Business 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.

DTCC share the good news – Thailand to keep VAT unchanged at 7% for another two years

The Danish-Thai Chamber of Commerce (DTCC) recently shared some good news for Danish and Nordic businesses operating in Thailand.  According to DTCC, there have been plans to increase the VAT rate from …

DTCC share the good news – Thailand to keep VAT unchanged at 7% for another two years Read More

Valmet to supply paper machine grade conversion rebuild to one of its major customers in Indonesia

Finnish Valmet, developer, and supplier of technologies, automation systems, and services for the pulp, paper, and energy industries, will supply a paper machine grade conversion rebuild to one of its …

Valmet to supply paper machine grade conversion rebuild to one of its major customers in Indonesia Read More
Shrewsbury

Tyra topsides arrive from Singapore for TotalEnergies North Sea project

After traveling almost 16,000 kilometers from Singapore through the Suez Canal and arriving on 29 August, the first three new production platforms for Denmark’s most important gas field are to …

Tyra topsides arrive from Singapore for TotalEnergies North Sea project Read More

Norwegian renewable energy fund invests millions in Chinese companies suspected of forced labor

Many Norwegians have been putting their savings into so-called “green” funds which invest in renewable energy sources. One of the most hyped funds is the Storebrand company’s Fornybar Energi-fund. A …

Norwegian renewable energy fund invests millions in Chinese companies suspected of forced labor Read More

DTAC and ABB team up to jointly develop robotics and machine automation solutions

DTAC owned by Norway’s Telenor recently announced that dtac TriNet and ABB Automation (Thailand) have signed a memorandum of understanding (MoU) to jointly develop robotics and machine automation solutions enabled by dtac …

DTAC and ABB team up to jointly develop robotics and machine automation solutions Read More

Buyer of power plant in Sweden to negotiate re-sale with potential buyers in Vietnam and Dubai 

  German utility Uniper UN01.DE recently announced the sale of its 450-megawatt gas power plant in Malmo, Sweden to Dutch PACO Holding which plans to dismantle the facility and rebuild …

Buyer of power plant in Sweden to negotiate re-sale with potential buyers in Vietnam and Dubai  Read More

Deltamarin signs agreement with China Merchants Jinling Shipyard for three RoPax vessels

The Finnish shipbuilding company Deltamarin has signed an agreement with China Merchants Jinling Shipyard Weihain for the basic and manufacturing design of three RoPax Stena E-Flexer vessels, media YLE reports. The Stena …

Deltamarin signs agreement with China Merchants Jinling Shipyard for three RoPax vessels Read More

Norwegian Cruise Line appoints new Senior Director Sales of Asia

Norwegian Cruise Line (NCL) has appointed Braydon Holland as Senior Director Sales for Asia as the company is positioning for continued success in the region, Hotelier India reports. The company’s history began …

Norwegian Cruise Line appoints new Senior Director Sales of Asia Read More

Danish founded Just Eat is the world’s largest takeaway platform outside of China

The online food order and delivery service platform Just Eat was founded in Kolding, Denmark in 2001 among others by the well-known entrepreneur Jesper Buch. After two major corporate deals, …

Danish founded Just Eat is the world’s largest takeaway platform outside of China Read More

IKEA is expanding with housing adjacent to its shopping centers in China

The Swedish furniture giant IKEA has started selling 500 apartments in Changsha in southern China, as the company invests in a combination of shopping centers and housing, Expressen writes.  IKEA’s shopping malls …

IKEA is expanding with housing adjacent to its shopping centers in China Read More

Sembcorp Marine completes two offshore wind farm substations for Ørsted Wind Power

Sembcorp Marine has successfully completed the fabrication of the Offshore Substation (OSS) and Reactive Compensation Station (RCS) (collectively, “Substations”) for Ørsted Wind Power subsidiary Optimus Wind Limited, according to this …

Sembcorp Marine completes two offshore wind farm substations for Ørsted Wind Power Read More

Nordic pension investors not concerned with Chinese authorities recent regulatory actions

The Chinese authorities’ recent regulatory actions have seen some foreign investors and market participants being concerned that it could bring a change in China’s policies, but according to IPE, three major …

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Air Traffic between the Nordic Regions and Asia is not currently expected to recover

Although Eurocontrol (European Organisation for the Safety of Air Navigation) reported that airlines in central Europe last week operated about 70 percent of their pre-pandemic flights, it does look like …

Air Traffic between the Nordic Regions and Asia is not currently expected to recover Read More

Finnish PES-Architects wins design competition for Shanghai Submarine Museum

PES-Architects has won the invited international architecture competition for the Shanghai Submarine Museum on the Huangpu riverfront in Shanghai, China, according to this company announcement. PES-Architects was founded in Finland and …

Finnish PES-Architects wins design competition for Shanghai Submarine Museum Read More
Farmers learn the SRI rice cultivation technique. Here measuring the growth

ADDA is helping rural farmers to become self-sustainable in a changing world

For more than 25 years the Danish NGO, ADDA, has been training farmers throughout Southeast Asia to be self-sustainable. Their continuous programs in the region strive to make the rural …

ADDA is helping rural farmers to become self-sustainable in a changing world Read More

Singapore RAS signs genetics agreement with Benchmark

The Singapore-based land-based project, Singapore RAS has signed a long-term agreement for deliveries of Atlantic salmon eggs with Benchmark Genetics, according to this company statement. Benchmark Genetics brings together the companies …

Singapore RAS signs genetics agreement with Benchmark Read More

Vietnamese students in Finland produces sneakers from used coffee grounds and plastic waste

Vietnamese Tran Bao Khanh and Chu Hoang SonIn both have a great interest in fashion and environmental protection and in 2017 the pair established the company Rens Original while studying …

Vietnamese students in Finland produces sneakers from used coffee grounds and plastic waste Read More

Volvo Cars Thailand launches a fully integrated digital Customer Service Center (CRC)

Volvo Cars Thailand has launched a fully integrated digital ‘VOLVO Customer Relations Center (CRC)’, a central data center coordinating all the digital support channels, including the Volvo Cars App which …

Volvo Cars Thailand launches a fully integrated digital Customer Service Center (CRC) Read More