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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Flying Tiger Copenhagen has opened its largest store in the Philippines at Glorietta 2 in Manila, Manila Bulletin reports. The new flagship spans 210 square meters and expands the brand’s …
Flying Tiger Copenhagen opens largest store in Manila Read More
A major step in modernising the Philippines’ offshore fishing industry has been launched through a new partnership with Denmark. The pilot project introduces Danish pelagic midwater trawl systems and other …
New Danish project aims to boost sustainable fishing in the Philippines Read More
A new Swedish investment is set to support business growth and job creation in the Philippines. Swedfund, Sweden’s development finance institution, has committed USD 15 million to Navegar Fund III, …
Swedfund to support growth and jobs in the Philippines Read More
A cooperation agreement between Denmark’s Esbjerg Port and the Chinese state-owned Ningbo-Zhoushan Port is facing growing political scrutiny, with critics questioning how the deal was reached without the Danish Ministry …
Criticism grows over Chinese port agreement signed by Denmark’s Esbjerg Port Read More
China has begun harvesting salmon from what is described as the world’s first 100,000-ton-class salmon farming vessel, marking a new step in the country’s efforts to reduce dependence on imported …
China launches first harvest from giant offshore salmon farming vessel Read More
Danish shipping and logistics giant Maersk has appointed Scott Elliott as Regional President for Asia Pacific, making permanent a role he has held on an interim basis since January. Based …
Maersk appoints Singapore-based Scott Elliott as Asia Pacific president Read More
Swedish companies in the Philippines are more optimistic about future investments than their counterparts anywhere else in the world, according to a new survey. The 2026 Business Climate Survey found …
Philippines tops global ranking for Swedish investment plans Read More
A bus shelter in central Bangkok is now being described as a small glimpse into the future of urban energy. A new collaboration between Chulalongkorn University and Swedish solar technology …
Swedish solar company and Chulalongkorn University launch sustainability partnership Read More
The Swedish restaurant at IKEA Cheras in Kuala Lumpur has reopened after a five-day closure ordered by health authorities, but the reopening has been overshadowed by customer complaints about food …
IKEA Cheras restaurant reopens after hygiene closure amid customer complaints Read More
A high-level forum is planned for April 2027, bringing together government officials and companies from Denmark, Sweden, Norway and Finland with Philippine counterparts to explore new investment opportunities, Business World …
Nordic-Philippine business summit set for Subic in 2027 Read More
A new methanol-ready offshore vessel built in Vietnam has begun its journey to Norway. Norwegian shipping company Rem Offshore announced that its second Energy Subsea Construction Vessel (ESCV), REM Ocean, …
Vietnam-built vessel heads to Norway for final completion Read More
A shared concern over workplace safety brought Sweden and the Philippines together in Manila this week, as officials and industry leaders confronted the risks facing workers in some of the …
Sweden and Philippines team up on safer workplaces Read More
Indonesia expects its growing green economy to create around 3.88 million jobs in 2026, highlighting opportunities for deeper cooperation with Denmark on skills development and the green transition. The projection …
Indonesia eyes 3.9 million green jobs as cooperation with Denmark expands Read More
A new EU rule is about to hit something many Europeans do almost without thinking: late-night online shopping from cheap global platforms. From 1 July, small parcels arriving from outside …
Online shopping from Temu and Shein set to get more expensive in EU Read More
Norwegian low-cost carrier Norse Atlantic Airways will expand its Thailand network for the Winter 2026/27 season, adding more flights from the United Kingdom, Norway and Sweden as demand for travel …
Norse Atlantic expands Thailand routes for winter season Read More
At the Nordic-Philippine Business Awards 2026, four companies were recognized for applying Nordic values in a Philippine setting. The awards highlighted leadership across sustainability, digital innovation, diversity, and community impact. …
Philippine firms honored for Nordic-inspired leadership at Business Awards Read More
Malaysian Prime Minister Anwar Ibrahim has warned that developing countries may look beyond Europe for future partnerships if they are treated unfairly, citing Malaysia’s ongoing dispute with Norway over a …
Malaysia may seek alternatives after Norway missile fiasco, says Anwar Read More
Sabah should not depend on pork imports from Denmark and Norway as a long-term solution to supply shortages, according to Luyang assemblyman Samuel Wong, MalayMail reports. The lawmaker made the …
Sabah lawmaker warns reliance on Danish and Norwegian pork imports is unsustainable Read More
A promotion event in Beijing has highlighted growing cooperation between China and Norway ahead of Norway’s role as Guest Country of Honor at the China International Fair for Trade in …
Norway prepares for spotlight role at major China trade fair in Beijing Read More
Swedish plastics manufacturer Polykemi has taken a major step into Southeast Asia by securing land for its first production facility in Thailand. The company signed a land purchase agreement with …
Swedish Plastics Producer Polykemi Establishes First Factory in Thailand Read More
Norwegian state agency Enova is granting NOK 200 million (about €18.2 million) to Eitzen Avanti, part of the Eitzen Group, for the construction of two fully battery-electric container ships, Electrive …
Norway backs Chinese-built battery container ships Read More
Norwegian Air has agreed to acquire Nordic Leisure Travel Group (NLTG) in a deal worth approximately SEK 7.94 billion (USD 843 million), creating one of the largest travel groups in …
Norwegian to Acquire Nordic Travel Giant with Hotels in Thailand Read More
Finnish telecom company Nokia has been selected to upgrade the Malaysia-Cambodia-Thailand (MCT) subsea cable system, strengthening digital connectivity between Thailand, Malaysia and Singapore. The project will be carried out with …
Nokia will upgrade key Southeast Asian subsea cable network Read More
A race over obesity treatments is heating up in China, as global pharmaceutical giants compete to dominate the fast-growing market for weight-loss drugs. Danish pharmaceutical company Novo Nordisk says it …
Novo Nordisk moves to launch Wegovy tablet in China Read More
The Finnish biotech company developing a new treatment for blindness, StemSight, has secured patent in Singapore, the company announced in a press release. StemSight, based in Tampere, is working on …
Finnish biotech company granted Singapore patent in fight against blindness Read More
Vietnam is pushing ahead with major plans to expand offshore wind power, according to The Investor, as part of efforts to secure future energy supplies and support fast economic growth, …
Vietnam accelerates offshore wind push with support from Denmark and Norway Read More
Danish pharmaceutical company Novo Nordisk has announced plans to invest an additional 200 million yuan (US$29.4 million) in its production facility in Tianjin, China, expanding both drug manufacturing and injection …
Novo Nordisk invests further in Tianjin production hub Read More
IKEA Thailand and Midsummer Siam have signed a memorandum of understanding to explore ways of making renewable energy solutions more accessible to consumers in Thailand. The agreement was signed during …
Swedish firms team up to bring solar technology closer to Thai consumers Read More
Danish renewable energy investor Copenhagen Infrastructure Partners (CIP) has joined Vietnamese infrastructure company FECON in proposing a 1,000MW onshore wind power project in Laos aimed at exporting electricity to Vietnam, …
Danish investor backs major Laos wind project to supply electricity to Vietnam Read More
A Swedish sustainable tourism company is exploring plans for a net-zero luxury eco-resort and wellness retreat in central Vietnam. Representatives from Stockholm-based Peak Education met with the Vietnam National Authority …
Swedish company explores net-zero luxury resort project in Vietnam Read More
Since April 2026, Singapore has started implementing its brand new ‘Return Right’ scheme, in a bid to improve domestic recycling, expecting to recover no less than 16,000+ tonnes of material …
Scandinavian know-how and solutions support Singapore’s new consumer recycling initiative Read More
A defence deal between Malaysia and Norway has collapsed after Norway revoked the export licence for Naval Strike Missiles (NSM) intended for the Royal Malaysian Navy’s Littoral Combat Ships. The …
Malaysia faces major financial losses after Norwegian defence deal collapse Read More
A stretch of coastline in Bataan could soon become a testing ground for a new kind of sea travel that quite literally lifts above the water. In a recent meeting, …
Philippines province explores electric “flying” ferries with Swedish firm Read More
High in the mountains of northern Luzon, something unusual is happening. Energy companies are planting forests to keep the lights on. A renewable energy partnership between Filipino utility SN Aboitiz …
With help from Norway, trees are now part of the power grid in the Philippines Read More
Vietnam’s rapidly growing economy is creating an urgent need for more electricity, opening new opportunities for Danish renewable energy investor Copenhagen Infrastructure Partners (CIP), Vietnam.vn reports. During a meeting on …
Danish energy giant eyes major opportunities in Vietnam Read More
Swedish engineering materials company Alleima has secured an order worth approximately SEK 995 million ($105 million) to supply advanced subsea tubing for one of Indonesia’s largest upcoming offshore gas developments. …
Swedish company lands $105 million deal for major Indonesia gas project Read More
A Swedish investor could soon help put central Vietnam on the map for a new generation of eco-conscious travelers, Tuoitre News reports. Plans are underway for a premium wellness resort …
Swedish investor plans green luxury retreat in Vietnam Read More
Swedish furniture giant IKEA is expanding in the Philippines with the opening of its first physical store outside Metro Manila, Sunstar reports. The new store, IKEA Mandaue City, will open …
IKEA to open first store in Cebu Read More
A new partnership between SAS and Garuda Indonesia will make it easier to travel between Scandinavia and Indonesia on a single ticket. From the Winter 2026/2027 schedule, passengers flying with …
Flying between Scandinavia and Indonesia now gets easier with new airline deal Read More
A major change could be on the horizon for Swedish oat milk producer Oatly in China. According to media, executives responsible for Oatly’s operations in Greater China are exploring a …
Swedish Oatly may sell China business to local management Read More Finnish telecom giant Nokia has entered a new partnership with Indonesian operator Indosat Ooredoo Hutchison (IOH) to modernize the country’s mobile network with advanced 5G technology and artificial intelligence capabilities, …
Finnish Nokia to help build Indonesia’s AI-powered 5G future Read More
Global trade is under pressure from geopolitical tensions, but new openings are emerging for Nordic companies looking east, according to a webinar hosted by Swedish Trade, Interior Daily reports. Despite …
Sweden looks to Indonesia as trade uncertainty reshapes global markets Read More
Indonesian authorities in Bali have intensified enforcement against foreign influencers and content creators using tourist visas for commercial activities, leading to dozens of detentions and deportations. The crackdown follows growing …
Paradise island cracks down on foreign influencers working on tourist visa Read More
Norway has launched a new nationwide seafood campaign in China featuring Norwegian football star Erling Haaland as demand for Norwegian salmon continues to grow in the Chinese market. The campaign, …
Norway launches new salmon campaign in China with Erling Haaland Read More
A restructuring by Swedish fashion giant H&M has triggered a debate in Singapore over whether companies are presenting layoffs as new job opportunities. The discussion follows H&M’s decision to move …
H&M restructuring in Singapore triggers debate over hidden layoffs Read More
Bangkok – May 2026 – Thai Airways organized the event “Colors of Endless Smiles” to express gratitude and reinforce relationships with business partners in the Nordic countries who have continuously supported the …
Thai Airways Hosts “Colors of Endless Smiles” to Thank Nordic Partners and Strengthen Routes to Northern Europe – Norway Read More
Norwegian Defence Minister Tore O. Sandvik has apologised to Malaysia over Norway’s decision to revoke an export licence for Naval Strike Missiles (NSM) intended for the Royal Malaysian Navy. The …
Norway apologises to Malaysia over cancelled missile deal Read More
Outside, tourists and electric scooters squeeze through the narrow hutong alleyways of Beijing’s old Dashilar neighbourhood. Inside a small hidden shop packed with old maps, archive photos and dusty newspapers, …
“Everything is so big”: Danish Lars became obsessed with Beijing locals’ stories Read More
Chinese renewable energy company Ming Yang Europe has joined Norwegian Offshore Wind, strengthening cooperation between Chinese and Norwegian players in the offshore wind sector. The membership reflects Ming Yang Europe’s …
Chinese wind energy company joins Norwegian Offshore Wind network Read More
A new Danish Chamber of Commerce in South Korea was officially launched on 27 May, reflecting growing business cooperation between Denmark and South Korea. The chamber begins with 34 member …
Danish Chamber of Commerce launches in South Korea Read More