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.
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.
Norwegian and Swedish recycling technology companies will play a central role in Singapore’s new nationwide Beverage Container Return Scheme, which launches on 1 April and is expected to handle more …
Nordic recycling technology powers Singapore’s bottle return system Read More
SAS says it will launch three new long-haul routes from Copenhagen for Winter 2026/27: Phuket and Krabi as well as Dubai. SAS plans new nonstop services to Phuket and Krabi, …
SAS adds new winter routes from Copenhagen to Phuket and Krabi Read More
Norwegian salmon company Mowi opened its first processing plant in Thailand on 28 January 2026. The facility is a partnership with CP Axtra, part of Thailand’s CP Group. Under the …
Mowi opens first salmon processing plant in Thailand Read More
A Danish-backed offshore wind development in the Philippines is aiming to begin commercial operations in 2028, as the project moves through early-stage preparations ahead of a planned renewable energy auction …
Danish-led offshore wind project in the Philippines targets opening in 2028 Read More
Singapore-based offshore engineering group Seatrium and Norwegian contractor Aibel have both filed arbitration proceedings over disputes related to their consortium agreement for the DolWin 5 offshore converter platform in the …
Seatrium and Aibel enter arbitration over North Sea offshore wind platform Read More
Chinese carrier China Southern Airlines will relaunch a direct route between Beijing and Helsinki from 29 March 2026, restoring a connection that was removed five years ago amid pandemic disruptions …
China Southern Airlines to relaunch Beijing–Helsinki route after five-year break Read More
Telenor has entered into an agreement to sell its ownership stake in Thailand’s leading telecom operator True Corporation, ending a 25-year presence in the Thai market. According to a stock …
Telenor to exit Thailand after 25 years, selling True stake for about NOK 39 billion Read More
It is just before 1 pm at CentralWorld, one of Bangkok’s most visited shopping malls, and the crowds are already flowing steadily past the new pink storefront. Inside, brightly coloured …
How MUMS is turning Swedish sweets into a Bangkok business Read More
In today’s fast-paced software development landscape, speed and quality are equally critical. Development teams face constant pressure to release updates quickly, yet rushing releases without thorough testing can lead to …
Reducing Regression Testing Time Without Sacrificing Quality Read More
Malaysian subsea digital infrastructure provider OMS Group has signed contracts with Norway’s Ulstein to design and build two cable-laying vessels. OMS Group said the order is aimed at meeting growing …
Malaysia’s OMS Group orders two Ulstein cable-laying vessels for 2028 delivery Read More
‘Zero’ as concept is very much on the agenda for Corporate Affairs & Sustainability Director Pearl Lai and the entire nine-man strong corporate and sustainability communications team within Carlsberg Malaysia. …
20 years as communications expert with Carlsberg Malaysia, and new Dancham Chairperson: Pearl Lai Read More
Swedish defence group Saab will exhibit at Singapore Airshow 2026 at Changi Exhibition Centre from 3 to 8 February. In a press release, the company said it will be at …
Saab plans to showcase Gripen E and C-UAS at Singapore Airshow Read More
Practical scam rules for all staff: Never believe it’s me (or any manager) if I ask for passwords, codes, or urgent payments. I do not ask for passwords, MFA codes, …
Security reminder: urgent requests are the biggest scam Read More
Foreign investor interest in Vietnam is showing signs of recovery, with a Finland-based investment fund expressing growing optimism about the country’s stock market outlook as 2026 begins. The PYN Elite …
Finnish fund sees strong potential in Vietnam Read More
Finnish marine technology company Wärtsilä has signed a 10-year lifecycle service agreement for 12 LNG carriers managed by Singapore-based MOL Global Ship Management, a unit linked to Japan’s Mitsui O.S.K. …
Wärtsilä wins 10-year service contract for MOL LNG carriers Read More
Volvo has told 143 owners of the EX30 Ultra in Singapore not to charge beyond 70% for now. The advice is linked to a potential battery defect and fire risk. …
Volvo warns Singapore EX30 Ultra owners over battery fire risk Read More
Danish business confidence in China improved slightly at the end of 2025, but the latest figures reveal a clear divide between large companies and small and medium-sized enterprises. According to …
Large Danish firms regain confidence in China, SMEs lag behind Read More
A Norwegian defence company will supply advanced minesweeping technology to the Indonesian Navy as part of a new international contract. Norwegian company H. Henriksen has announced that it will deliver …
Norwegian company to supply minesweeping system to Indonesian Navy Read More
Rex International with headquater in Singapore said its Norwegian subsidiary Lime Petroleum Holding is seeking a deferment on 2027 and 2028 bond interest payments. A deferment is a temporary delay …
Rex International’s Norwegian unit seeks bond payment delay Read More
TGS said in a pressrelease, that it has opened a new Imaging Center in Kuala Lumpur, Malaysia, on 12 January 2026. The Oslo-headquartered energy data and intelligence company said the …
Norway’s TGS opens new centre in Kuala Lumpur Read More
Ocean Infinity has selected Vard, a Norwegian shipbuilder to design and build four optionally crewed vessels. The contract for the four multi-purpose robotic vessels is valued at more than €200 …
Ocean Infinity orders robotic vessels from Norwegian and Vietnamese yards Read More
Danish shipping company AP Moller – Maersk is exploring increased use of ethanol as a marine fuel, Reuters reports. CEO Vincent Clerc said China dominates supply of fuels such as …
Maersk explores more ethanol use as green fuel to reduce reliance on China Read More
Metso, headquartered in Espoo, Finland, is investing in a new rubber products plant in Quzhou, Zhejiang Province. The company said the investment will meet growing demand and improve service in …
Finnish firm Metso to build new rubber products factory in China’s Zhejiang Read More
China Southern Airlines has announced a new nonstop service between Beijing Daxing Airport and Helsinki. The route is described as Daxing’s first direct link to Europe. Most flights from Europe …
China Southern to launch Beijing Daxing–Helsinki nonstop route Read More
A Danish-Indonesian research group says Indonesia needs updated grid code standards to integrate higher shares of renewable energy and support its solar expansion, according to a report published 7 January …
Danish-Indonesian study highlights need for upgrade in Indonesia’s solar energy Read More
Sweden and Indonesia marked 75 years of diplomatic relations with an official visit to a factory in Karawang, West Java. The Swedish Embassy and the Sweden–Indonesia Sustainability Partnership (SISP) delegation …
Sweden and Indonesia mark 75 years of ties with sustainability partnership visit Read More
Volvo Car Malaysia has opened pre-sales for its new fully electric ES90 sedan, ahead of local assembly scheduled to begin in the first quarter of 2026. Customers are invited to …
Volvo opens pre-sales for ES90 electric sedan in Malaysia Read More
The Philippine Competition Commission (PCC) has approved Ayala Corp.’s sale of a 40% stake in its logistics arm, AC Logistics. The PCC said it cleared the transaction on 20 November …
Philippine regulator clears Ayala sale to AP Moller-linked buyer Read More
IKEA will close seven of its large stores in China from 2 February, the company said. The Swedish retailer cited a restructuring to move resources closer to consumers. Stores affected …
IKEA to close seven stores in China as it shifts to smaller formats Read More
Söderberg & Partners has announced that ANE Services AS is being fully integrated into the group’s Global Mobility unit, according to a press release issued on 6 January 2026. Söderberg …
Söderberg & Partners integrates ANE Services AS into Global Mobility unit Read More
Danish dry bulk shipping and freight trading company Union Bulk has appointed Jens R. Boesen as its new chief executive officer, effective immediately. The company confirmed that former CEO Michael …
Danish shipping company Union Bulk appoints new CEO Read More
Swedish biopharma company BioArctic said its partner Eisai has filed a subcutaneous version of Leqembi in China. The application was accepted by China’s National Medical Products Administration. BioArctic said the …
Swedish BioArctic takes step towards at-home Alzheimer’s treatment in China Read More
Norway exported 2.8 million tonnes of seafood worth NOK 181.5 billion in 2025. The Norwegian Seafood Council called it a record export value. Undercurrent News reported that exports to China …
Great catch: Norway’s seafood exports hit record NOK 181.5bn in 2025 Read More
DayOne Data Centers, a Singapore-based data centre company, says it has raised over 2.0bn$ in new funding. The company called it a Series C equity round. The round was led …
DayOne Data Centers raises 2.0bn$ and plans Finland expansion Read More
Norwegian Car Carriers (NOCC) has awarded Yantai CIMC Raffles Offshore a contract for a new pure car and truck carrier. The vessel will be from the same series as NOCC …
Norwegian Car Carriers orders new 7,000-car ship in China Read More
Vietnamese businesses highlighted green transformation and the circular economy at the Vietnam Economic Forum 2025, Outlook 2026. Companies said greener production can also deliver economic benefits. Speakers also said state …
Norwegian embassy urges stricter EPR enforcement in Vietnam Read More
Novo Nordisk said China’s Supreme People’s Court has upheld the validity of its semaglutide compound patent, according to a company statement issued on Saturday. China’s Supreme People’s Court thereby confirmed …
Novo Nordisk says China court upholds its semaglutide patent Read More
Chinese shipping group COSCO SHIPPING Specialised Carriers has added Thailand to its European export network for Chinese car brands, linking manufacturing in Southeast Asia directly with markets in Europe and …
First export from Changan’s factory in Thailand to Norway Read More
Singapore-based battery developer Flint has started pilot production of its paper-based battery technology, moving from laboratory development to manufactured cells suitable for customer testing and pilot installations. The company said …
Singapore company starts production of batteries – made of paper Read More
Almost all new cars sold in Norway last year were fully electric, confirming the Nordic country’s position as the world’s most advanced electric vehicle market, according to Reuters. Official data …
Norway cements EV leadership as electric cars reach 96% of new sales in 2025 Read More
Swedfund has invested in Vietnam’s EVF General Finance JSC through a loan of up to 20$ million. The funding is intended to expand access to capital for micro, small and …
Swedfund invests 20$ million loan in Vietnam’s EVF to expand MSME finance Read More
Philippine rum producer Tanduay has signed a distribution partnership with Denmark-based Bastard Spirits. The companies said the deal supports Tanduay’s push deeper into Europe. Tanduay Brands International Inc. said Denmark …
Filipino rum debuts in Denmark Read More
Danish offshore wind installation firm Cadeler has launched its new Wind Ace vessel at COSCO Qidong in China. With the launch completed, Wind Ace will now enter final construction and …
Cadeler launches new Wind Ace offshore wind installation vessel in China Read More
Vietnam Airlines launched its new direct route between Copenhagen and Ho Chi Minh City on Monday 16 December, marking the first-ever nonstop connection between Denmark and Vietnam’s largest city. The …
First direct flight from Copenhagen to Ho Chi Minh City takes off Read More
SwedCham Indonesia announced the election of a new Board of Directors at its Annual General Meeting on 12 December 2025. The chamber said the new board will focus on advocacy, …
SwedCham Indonesia elects new board at annual meeting Read More
Sweden’s electric car maker Polestar has entered into a loan agreement of up to $600 million with its majority owner, China’s Geely Holding, as the company seeks to ease pressure …
Polestar secures $600 million loan from Chinese majority owner Read More
Hong Kong and Norway have signed a comprehensive agreement to avoid double taxation, aimed at strengthening cross-border business and investment between the two jurisdictions. The agreement was signed on Tuesday …
Hong Kong and Norway sign double taxation agreement Read More
He started the career as an employee of Denmark’s largest company Maersk (A.P. Møller – Mærsk) and was sent to China; followed by working for the Danish energy efficiency expert …
A new lease of life: the third corporate adventure in Asia begins for Allan Jensen Read More
Malaysia’s rapidly expanding semiconductor industry could lead to a sharp rise in electricity-related emissions unless manufacturers improve how energy and water are used, experts warned at a sustainability summit held …
Malaysia’s chip boom raises energy concerns Read More
Bangladesh Private Cable System (BPCS) Consortium has signed an agreement with Nokia to supply Submarine Line Terminal Equipment (SLTE) for a new private submarine cable project. The signing took place …
Nokia helps Bangladesh submarine cable plan on Singapore–Cox’s Bazar route Read More