Nordic News, Business and Life in Asia
Affected by price pressure and increased costs for raw materials, the income of the Swedish multinational appliance manufacturer Electrolux fell by 48 percent last year compared to 2010, the company …
Electrolux income drops in 2011 Read MoreContainer ships can’t go any slower. Shipping lines are running out of options to stop losses as sailing speeds reach their lower limit, exhausting a solution that helped restore profitability …
Back to the 19th-century – slow, slower, Maersk Read MoreNorway’s government has said it wants non-European immigrants to carry residency cards equipped with data chips bearing their fingerprints.In a proposal presented on Friday, the justice ministry said the new …
Norway wants migrants to carry fingerprint ID Read MoreVolvo Group, the world’s second-largest truck maker, announced Friday a 63-percent jump in its 2011 net profit boosted by record sales and margins, and a 43-percent hike in the fourth …
Volvo group announces record sales for 2011 Read MoreChinese carmaker Youngman has placed a bid for bankrupt Swedish carmaker Saab, public broadcaster Sveriges Radio (SR) reported on Thursday. “A first bid has been submitted for carmaker Saab,” SR …
Multi-billion-kronor bid for bankrupt Saab: report Read MoreThe Swedish embassy has posted results of a business-climate survey of Swedish companies in China, and concludes that most are performing well, profitable (in 2010), expanding market share and plan …
Many of the Swedish companies affected by trade barriers Read MoreThe Swedish Arts Council is seeking applications for cooperation between cultural operators in Sweden and China. The deadline is Jan 30, with a second deadline for 2012 applications on Oct …
The Swedish Arts Council is seeking applications Read MoreNorway’s audio product manufacturer Electrocompaniet was awarded the Rogaland County’s Innovation Prize for its sustained effort in bringing high-quality Norwegian products to new markets, particularly China, where the company has …
Norwegian and Danish consulate general sponsored exhibition in Guangzhou Read MoreThe leaders of Denmark and Finland said on Friday that China has showed a willingness to contribute to global efforts to bail out debt-ridden European countries. However, a senior Chinese …
China willing to aid bailout: Denmark and Finland Read MoreFor the full-year 2011, H&M posted a net profit of 15.82 billion kronor ($2.33 billion), down from 18.68 billion kronor in 2010, largely owing to soaring prices for materials, especially …
H&M bottom line feels the pinch Read MoreScandinavian Airlines has officially been named Europe’s most punctual airline, for the third year in a row, by the independent source Flightstats. SAS was also the world’s third most punctual …
SAS was Europe’s most punctual airline for third year in a row in 2011 Read MoreDanish Prime Minister Helle Thorning-Schmidt on Sunday wished all Chinese a happy and prosperous Chinese New Year, and looked forward to even closer ties between Denmark and China. “On the …
Danish PM wishes Chinese a happy New Year Read MoreThe 10th anniversary of Vasaloppet China, which occurred on Jan 2, attracted more than 50,000 participants to the annual cross-country ski race in the northeastern province of Jilin, the most …
Vasaloppet cross-country China celebrates 10th anniversary Read MoreThe Danish bioscience company- Chr. Hansen – has launched an exciting essay competition as a part of their participation in Sino-Danish Network. The headline of the competition is “Natural Colors …
Win a trip to Denmark by participating in the Chr. Hansen company competition Read MoreA Swedish delegation made up of government officials, representatives from the Swedish automobile company Saab was on the way to China on Wednesday for meeting the Chinese car manufacturer Youngman …
Swedish delegation heads to China on sale of Saab Read MoreAfter having a triumphant debut with the London Philharmonic Orchestra under Osmo Vänska in 2010, Henning Kraggerud, a Norwegian violinist, has been invited to re-join the conductor at the New …
Violinist Henning Kraggerud at Hong Kong Music Festival Read MoreSince the end of 2011 Norway and Denmark are the only countries left in the Scandinavian Tourist Board as Sweden pulled out of the collaboration. Scandinavian Tourist Board (STB) will …
Scandinavian Tourist Board without Sweden Read MoreMedema Production Export Manager Jan Bill Henschke on on 9 January 2012 donated a mini crosser motorized wheel chair to China Foundation for Disabled Persons (CFDP) Vice Chair-person Ms. Tang …
Medema Donates Mini Crosser to Chinese Rehabilitation Centre Read MoreSome Danish companies offshoring production are now turning back to Denmark, according to the online paper cphpost.dk. With rising Chinese wages, many manufacturing jobs are likely to be brought back …
Danish Companies Bring Production Jobs Back Home Read MoreEltek is suing a Chinese company for illegally copying their products. Eltek emphasises that the reason they are pursuing this case is a matter of principle, as the economic losses …
Eltek Suing Chinese companies Read MoreDenmark’s Foreign Ministry said on 5 December 2012 that a group of top Chinese investors has picked Denmark as one of three European countries to expand their European operations. The …
Chinese Investors Choose Denmark as European Expansion Hub Read MoreFinland’s Nokia Corporation is moving its Asia-Pacific headquarters from Singapore to Beijing as part of plans to raise business efficiencies and meet savings targets. A Nokia spokesperson said in an …
Nokia Asia-Pacific Headquarters Move to Beijing Read MoreRenewable Energy Corp. ASA (REC), the Norwegian solar-parts maker that halted factories last year, will further reduce wafer production as prices extend declines. The Sandvika-based company said in a statement …
REC Reduces Wafer Production Read MoreThe Danish Ministry of Foreign Affairs’ has now moved to a new website for China. The new site, www.kina.um.dk is now online and the Embassy invites its regular visitors to try it …
Denmark Moves to New China Website Read MoreScandAsia wishes all readers a spectacular and prosperous Year of The Dragon. Your ScandAsia News Team
Happy New Year! Read MoreVolvo IT, a fully owned Volvo company, will by the end of 2012 take over handling the data centre of ICA’s logistics systems. The ICA Group is one of Northern …
Volvo IT to take over the ICA’s data centre Read MoreMichael Metz Morch, 64, has been appointed new Chairman of Danes Worldwide. He succeeds Christopher Bo Bramsen, who passed away in November. Michael Metz Morch, a former Ambassador, is currently director of …
Michael Metz Morch new Chairman of Danes Worlwide Read MoreThe interest in Stockholm’s environmental expertise is increasing in China as its government and companies struggle to reduce their carbon footprint and cut energy costs. In October, six Stockholm-based companies …
China seeks Swedish cleantech expertise Read MoreResearchers at the Faculty of Pharmaceutical Sciences at the University of Copenhagen have isolated certain active compounds from a mushroom that are particularly aggressive towards cancer cells. In an exclusive …
Chinese–Danish research team finds mushroom drug against cancer Read MoreHenning Olav Espedal, a young Norwegian artist, is participating in an international exhibition at Li-Space in Caoychangdi from 18 December 2011 to 30 January 2012. Last year he took part …
Norwegian artist in Incubator exhibition Read MoreThe Danish and Chinese postal systems has been collaborating for about two years by now and in the middle of December 2011 two intaglio-engraved stamps was officially issued in Nanjing, …
China Post Requires Danish Craftsmanship Read MoreAB Volvo of Sweden has officially taken over the UD truck business in Thailand, ending a two-year legal dispute with Hong Kong-listed Tan Chong International. Tan Chong, licensed by Nissan …
Volvo takes over UD truck operations in Thailand Read MoreSøren Skou has been appointed new CEO of Maersk Line with effect from 16 January 2012. Søren Skou replaces Eivind Kolding who is leaving Maersk Line to become Chairman of …
New CEO of Maersk Line Read MoreAs of 3 January 2012, the Danish Embassy in Singapore, Hanoi and Hong Kong will be part of the Danish Visa Self Service website (VSS). Through the website, applicants for Schengen visa can …
Self-Service for Schengen Visa Read MoreThe Swedish Embassy in China organised a Christmas Reception on 14 December 2011 for Chinese studying the Swedish language at the Beijing Foreign Studies University as well as the China …
Christmas Reception for Swedish and Chinese language students Read MoreDanes who wish to be registered on the List of Danes Abroad are encouraged to register on the new list, since the previous data will not be tranferred to the …
New List of Danes Abroad Read MoreThe number of Chinese tourists visiting Denmark sets a new record. Even before the year has ended, last year’s record has been set and Denmark has already a strong focus …
Chinese Tourists to Denmark Sets New Record Read MoreOn 22 November 2011, IN’s Energy Management Program and DEEC hosted the conference “Methods and Project Models for Energy Efficiency in Chinese Buildings” in Dalian with the speaking slots shared …
Successful energy efficiency conference in Dalian Read More
Text and photo by Swedish Chamber of Commerce in China – Swedish Chamber of Commerce’s most popular events just took place, the Christmas party in Beijing was held on December …
Big Christmas Party in Beijing and Shanghai Read MoreScandinavian Airlines’ long-haul premium economy offering, Economy Extra, has been named the world’s best in a new survey by Global Traveler. Over 36,000 frequent travelers participated, of which almost all …
SAS Economy Extra Named the World’s Best Read MoreFinland is currently home to two Chinese state-funded organisations that promote the Chinese language and culture. Some say these are a clever way for Beijing to build influence in Finland. …
China exerts soft power in Finland Read MoreThe EURO is in it´s worst crisis with Greece and Portugal as the worst affected countries close followed by Spain, Italy and Ireland. Some sources suggests a melt down of …
EURO Crisis for Scandinavian Expats Read MoreAsia’s largest ship and marine fair, Marintec China 2011, opened today in Shanghai gathering representatives from the international marine industry. Again this year, a large number of Danish companies will …
Danish pavillion opens at marine exhibition Read MoreThe Danish embassy recently launched a new booklet entitled, “My Danish Footprints in China” in Beijing. The booklet, published by the Danish Embassy to China, includes 41 stories of the Danish …
Danish companies narrate success in China Read MoreIt only takes 60 minutes to fly from Beijing to Hohhot, the capital of the Inner Mongolia autonomous region in North China. However, Hohhot still enjoys an unlimited supply of …
Wind power on the rise Read MoreBusinessman Huang Nubo says an invisible barrier still exists for Chinese investors seeking opportunities abroad, after finding out his application for a land deal in Iceland was rejected on Saturday. …
Land deal in Iceland rejected, Huang says Read MoreSwedish automaker Volvo, owned by China’s Zhejiang Geely, plans to hire a further 10,000 new staff in the coming years, its chief executive said in an interview to be published …
Volvo to add 10,000 staff: CEO Read MoreThis fall in Australia, a Sydney-area IKEA store opened an area called “Manland” where husbands and boyfriends could watch television, play table football and Xbox, and eat hotdogs while their …
Ikea: Selling Swedishly Read MoreThe first of the two dry cargo ships ordered from Hyundai Mipo by ESL Shipping, part of Aspo Group, has been named. The vessel was christened m/s Arkadia in a …
Finnish ice-strengthened supramax vessel christened in Vietnam Read MoreWireless equipment maker Nokia Siemens Networks will slash 17,000 jobs — almost one-quarter of its work force — in a move to cut annual costs by euro1 billion ($1.35 billion) …
Nokia Siemens to lay off 17,000 worldwide Read More