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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Children sit around a long table in a covered outdoor classroom surrounded by cherry trees on the outskirts of Beijing – trees that will be ready for harvest in just …
He quit full-time architecture for farm life in China: “It’s the most fun when I don’t know what I’m doing” Read More
Swedish legaltech company Legora is opening new offices in Singapore and Tokyo as part of its expansion across the Asia-Pacific region. The move follows the opening of the company’s Sydney …
Swedish legaltech firm Legora expands into Singapore and Tokyo Read More
A young man’s death after a tragic traffic accident in Vietnam has given seven other patients a second chance at life. Doctors at Vietnam-Sweden Uong Bi Hospital carried out a …
Tragic loss gives seven patients new hope at Vietnam-Sweden hospital Read More
It started with a Facebook listing in Moalboal. Johan Blixt came across a post about Backyard Inn, a small hostel in the area that was up for discussion. He contacted …
Tired of the hamster wheel, two Swedes opened a Hostel in the Philippines Read More
A growing obesity crisis in the Philippines is now raising concerns far beyond public health. The problem is increasingly seen as a threat to the country’s economy and workforce productivity, …
Danish pharma giant steps up obesity campaign in the Philippines Read More
Carlsberg Malaysia has announced a new 141,000$ partnership with Malaysia Forest Fund to support forest biodiversity conservation projects across Malaysia. The partnership was announced on 25 May during an event …
Carlsberg Malaysia launches forest conservation partnership with Malaysia Forest Fund Read More
The Sartor Studio by Amrapur Tailors celebrated the grand opening of its new flagship branch on May 13, 2026, marking a major milestone for this long-standing, family-run bespoke tailoring house. The …
Amrapur Tailors Proudly Present the New Branch in the Heart of Bangkok Read More
Finnish deputy minister Mika Nykänen visited Singapore during Ecosperity Week 2026 to strengthen cooperation on sustainability, green transition and resilient supply chains. The visit was hosted by the Embassy of …
Finland highlights green cooperation with Singapore during Ecosperity Week Read More
IKEA Pasay City in the Philippines has been named IKEA Store of the Year 2025, making it one of the few stores globally to receive the recognition. According to IKEA …
IKEA Pasay named world’s best IKEA store Read More
Finnish mining technology company Metso has secured orders worth more than €10 million to supply grinding mills for two gold projects in Australia and Cambodia. The orders come from Australian …
Finnish Metso selected for Cambodian gold project Read More
The United States has denied involvement in Norway’s decision to revoke export approval for the Naval Strike Missile (NSM) system ordered by Malaysia under a 2018 defence contract. The clarification …
US denies role in Norway’s halted missile export to Malaysia Read More
Finnish mining and metals company Terrafame is studying the possibility of producing scandium at its uranium facility in Sotkamo, a move that could make it Europe’s only supplier of the …
Finnish mining firm explores scandium production amid China supply concerns Read More
Swedish fashion giant H&M has asked employees in Singapore and other East Asian markets to reapply for jobs as part of a wider regional restructuring. The development follows earlier reports, …
H&M staff in Singapore asked to reapply for jobs after regional restructuring Read More
Philippine energy company ACEN has partnered with Norwegian floating solar company Ocean Sun AS to expand floating solar projects across Asia, Manila Bulletin reports. The agreement was signed through ACEN-Silverwolf, …
Norwegian firm joins ACEN floating solar push in Asia Read More
Two new battery-related fires involving the Swedish-made Volvo Cars EX30 electric SUV have prompted Thailand’s consumer watchdog to consider civil action against Volvo Thailand and its dealers. The move follows …
Volvo faces pressure in Thailand after new EX30 fires Read More
Officials from Jakarta have visited Copenhagen to study how the Danish capital turns waste into energy while also creating public recreational spaces. Jakarta Deputy Governor Rano Karno visited the Copenhill …
Jakarta looks to Copenhagen for waste-to-energy inspiration Read More
Malaysia is seeking more than 250 million USD, in compensation from Norway after Oslo revoked export approvals for a Norwegian naval missile system intended for Malaysian combat ships, Reuters reports. …
Malaysia seeks 250 million$ compensation from Norway over missile dispute Read More
Danish-born David Tuan Anh Nguyen is NordCham Vietnam’s new Executive Director (ED). Introducing him also allows getting an update on this chamber of commerce’s focus and activities. Vietnam is today …
Strengthening the ‘Nordic Voice’ the highest priority for NordCham Vietnam and its new Executive Director Read More
Danish investment firm Copenhagen Infrastructure Partners and Thailand’s Global Power Synergy are reportedly considering selling their offshore wind farm project in Taiwan. According to Bloomberg, the companies are discussing a …
Danish fund considers sale of Taiwan offshore wind farm with Thai partner Read More
A Copenhagen biotech startup is betting big on Asia’s drinking culture. Now, Singapore will be the first test market. Alcolase has raised €1.5 million to develop its enzyme-based solution for …
Singapore first as Danish biotech tackles alcohol intolerance in Asia Read More
Norway has defended its decision to revoke export licenses tied to a naval missile system sale to Malaysia, saying its most sensitive defense technologies will now only be exported to …
Norway defends cancellation of missile sale to Malaysia Read More Swedish fashion retailer H&M has laid off staff in Singapore as the company relocates its South-east Asian headquarters from the city-state to Kuala Lumpur, The Straits Times reports. According to …
Swedish H&M lays off staff in Singapore amid regional restructuring Read More
The first industrial delegation from the Nordic region organised by the Thailand Board of Investment office in Stockholm, ended its official week-long programme in Thailand yesterday, Friday 15 May 2026. …
BOI Stockholm concludes first Nordic industrial delegation to Thailand Read More Malaysia has criticised Norway after Oslo revoked an export licence for a naval missile system intended for the Malaysian navy. Prime Minister Anwar Ibrahim said he raised Malaysia’s “vehement objection” …
Malaysian Prime minister criticises Norway over blocked missile delivery Read More
A Norwegian hydrogen equipment maker is reshaping its global production strategy as the hydrogen sector faces delays and growing financial pressure. HydrogenPro will close its own manufacturing facility in China …
Norwegian HydrogenPro restructures global operations and closes China plant Read More
Car insurance decisions often begin with premium comparison, but the real question is not only how much you pay today. It is how much financial protection you may need when …
Why Third-Party Insurance May Feel Cheaper but Cost More Later Read More
Hong Kong is looking to strengthen cooperation with Finland in life and health technology innovation. The initiative was highlighted during a forum in Helsinki on 13 May organised by Healthtech …
Hong Kong seeks Finnish healthtech partnerships Read More
Swedish recycling company Syre has signed a deal with U.S. retail giant Target to supply recycled polyester for clothing and textiles. According to the company, Syre will deliver 70,000 tons …
Swedish firm secures huge U.S. fashion deal: Factory is planned to open in Vietnam Read More
Norwegian battery company Corvus Energy has signed a new partnership with Chinese electric vehicle giant BYD to develop batteries for ships. The agreement was signed at a battery industry event …
Norwegian battery company teams up with Chinese giant BYD on green shipping Read More
Finnish telecom company Nokia has won a UK court appeal in a patent dispute involving Taiwanese tech firms Acer and ASUS, Reuters reports. The ruling by the UK Court of …
Nokia wins UK appeal in patent dispute with Taiwan’s Acer and Asus Read More
Swedish defence giant Saab is expanding its presence in Thailand by seeking new local partners to produce aircraft parts and strengthen the country’s defence industry, Bangkok Post reports. According to …
Swedish defence company Saab expands in Thailand Read More
Thailand’s cabinet has approved proposed changes to the Foreign Business Act aimed at making it easier for foreign companies to operate in the country, Thai Enquirer reports. The changes allow …
Thailand approves foreign business changes Read More
A leadership change has taken place at Swedish car maker Volvo Cars in China. The company announced on May 11 that Yuan Xiaolin is stepping down as President and CEO …
Volvo Cars names new head for Greater China region Read More
A delegation of Nordic companies will this week take part in a coordinated industrial mission to Thailand organised by the Thailand Board of Investment (BOI) office in Stockholm in connection …
Thailand’s BOI office in Stockholm expands Nordic industrial outreach Read More
Chinese solar company Longi Green Energy has launched its first energy storage project in Finland, marking a new step for Chinese green technology in the Nordic region, China Daily reports. …
Chinese solar giant launches first energy storage project in Finland Read More
Malaysia’s Defence Ministry said it will seek clarification from Norway after Norwegian export controls halted the delivery of missiles intended for Malaysia’s naval combat ships. The missiles were due to …
Malaysia seeks talks with Norway after missile deliveries halted Read More
Danish pharmaceutical company Novo Nordisk said generic versions of its diabetes drug Ozempic could be delayed in China until 2027 due to regulatory data protection rights. The patent for semaglutide, …
Novo Nordisk says Ozempic copycats in China may be delayed Read More
Danish trading platform Saxo has launched a new premium service tier in Singapore targeting accredited investors and active traders. The new service, called Saxo Elite, offers clients a personal relationship …
Saxo launches premium trading service in Singapore Read More
Carlsberg says consumers in Malaysia and Singapore are drinking less alcohol and increasingly choosing to drink at home instead of in bars and restaurants. According to Carlsberg Malaysia managing director …
People in Malaysia and Singapore are drinking less: Now Carlsberg responds Read More
Indonesia is strengthening its presence in the Nordic market through coffee promotion events in Finland. Indonesia’s embassy in Helsinki took part in the Helsinki Coffee Festival 2026 from 17–19 April, …
Indonesia promotes coffee culture and trade links in Finland Read More
TUI Hotels & Resorts will open its first The Mora hotel in Asia in Singapore in September 2026. The move marks the brand’s entry into the region as part of …
TUI to open first The Mora hotel in Asia with Singapore launch Read More
Swedish intellectual property firm Abrande has launched its first Asia-Pacific office in Hong Kong. The move marks the company’s entry into the Greater China market. The Gothenburg-based startup has appointed …
Swedish AI IP firm Abrande expands to Hong Kong Read More
Danish outdoor company Nordisk Company A/S has opened its first retail store in China, marking a new step in its expansion into the Asian market, Ritzau reports. The store opened …
Nordisk opens first store in China Read More
Malaysia’s SumiSaujana Group has entered a collaboration with Danish firm Topsoe to explore production of sulfuric acid from industrial gas streams. The partnership will assess potential projects in Malaysia and …
Malaysia and Denmark unite for sulfuric acid projects Read More
IKEA is celebrating 30 years in Malaysia, highlighting its long-standing presence in Southeast Asia and its role in shaping everyday home living for many Malaysians. Since entering the Malaysian market …
IKEA marks 30 years in Malaysia Read More
The Hong Kong based mining company, Dragon Mining, has reported new high-grade gold drill results from its Jokisivu mine in Finland, indicating promising potential for future production. The company said …
Hong Kong Dragon finds gold in Finland Read More
Finland’s national carrier Finnair is seeing increased transit traffic on its Asia routes, as Scandinavian rival SAS reduces services and global disruptions reshape travel patterns, Reuters reports. The shift follows …
Battle in the sky: Finnair gains Asia traffic as SAS cuts routes Read More
Danish shipping giant Maersk plans to help turn Da Nang into a major logistics hub in Southeast Asia. The company is involved in building a new container port called Lien …
Danish giant bets big on Vietnam: Maersk to build major port hub Read More
A new electric passenger vessel using Norwegian technology is on its way in Asia. Three companies have signed a deal to design and build the vessel, which will be the …
Norwegian tech is behind Asia’s first electric AirHull vessel Read More
A Finnish defence company is looking to expand into Southeast Asia, with Malaysia seen as a potential entry point. According to Bernama, Forcit Defence is exploring opportunities to introduce its …
Finnish defence company eyes expansion in Asia Read More