Nordic News, Business and Life in Asia
With effect from January 1, 2024, Thailand’s Revenue Department revised its interpretation of the Revenue Code, significantly impacting personal income tax liability for Thai residents with foreign-sourced income. These changes …
Tax payers in Thailand must include all transferred income in their tax report in 2025 Read More
This December 26 marks the 20th anniversary of the devastating tsunami that struck countries along the Indian Ocean, claiming over 226,000 lives. Among the victims were 46 Danish citizens, with …
Danish victims of Tsunami will be remembered in memorial on December 26 in Phang Nga, Thailand Read More
Nysnø Climate Investments and Singapore-based Eastern Pacific Shipping Ventures (EPS Ventures) announced a NOK 50 million investment in Zinus, a leader in maritime charging and shore power solutions. This funding …
Nysnø and EPS Ventures invest in Zinus’ sustainable maritime solutions Read More
Ocean Infinity has announced the delivery of its first unit in a new series of 85-meter robotic vessels, which Norwegian company Vard constructed at its Vung Tau, Vietnam, facilities. Named …
Ocean Infinity takes delivery of first robotic vessel from Vard, built at its Vietnam facilities Read More
Swedish oat milk producer Oatly announced that it will close its manufacturing facility in Singapore, the company’s first in Asia, to streamline its supply chain. This decision, revealed on December …
Oatly closes Singapore facility to streamline production in Europe Read More
Euro Creations Public Company Limited (EURO) has been named the exclusive distributor of Bang & Olufsen (B&O) in Thailand. EURO will open two mono-brand showrooms, starting in 2025. The first …
Euro Creations becomes exclusive distributor for Bang & Olufsen in Thailand Read More
Swedish fintech firm Vilja will establish a development center in Kuala Lumpur, Malaysia, by 2025, investing RM50 million over the first five years. The move aligns with Vilja’s plans to …
Swedish Fintech Vilja to open development center in Kuala Lumpur Read More
Swedish furniture giant IKEA is actively seeking to strengthen its market presence in the Philippines through innovative initiatives, including discussions around potential in-mall pop-ups to enhance customer engagement and brand …
IKEA plans pop-ups to expand in the Philippines Read More
The Danish Environmental Protection Agency has taken action by sending warning letters to around 1,000 Chinese companies. These warnings address the companies’ responsibilities for waste management to ensure they contribute …
Danish Environmental Protection Agency warns 1,000 Chinese companies Read More
According to Finnish technology group Wärtsilä, Vietnam could save up to €26 billion annually by transitioning to a carbon-neutral electricity system by 2050. Wärtsilä, a global leader in technology solutions …
Wartsila: Vietnam could save billions by 2050 with carbon-neutral power Read More