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Asia’s factories feeble despite China bounce, feeds global recession fears

Asia's manufacturing activity stalled in June as many companies were hit by supply disruptions caused by China's strict COVID-19 lockdowns, while sharp economic slowdown...

Cambodia and Myanmar race to become the next apparel manufacturing hub

As China battled a wave of Covid-19 flare-ups over the past few months with strict control measures, the widespread disruption of business operations fuelled...

Singapore’s $14 Billion Mega-Port Takes Aim at Shipping Chaos

As the world’s economies struggle to untangle unprecedented congestion in global supply chains, one of the world’s busiest ports is backing an ambitious modernization plan...

RCEP deepens China-ASEAN economic and trade cooperation

A cargo ship loaded with Malaysian manganese ore arrived at Beibu Gulf Port in south China’s Guangxi Zhuang Autonomous Region. The ore was sent...

Southeast Asia, Latin America Set to Gain in Post-Pandemic Supply Chains

Companies across the world are re-examining their sources for many kinds of goods because of supply issues linked to the COVID-19 pandemic. Many businesses – from...

Chinese manufacturing orders decline by 20-30%, according to shippers, as consumers pull back on buying goods

Chinese manufacturing orders are reportedly down by as much as 20-30%, according to logistics sources responsible for moving the finished products from Chinese manufacturing...

‘Huge uncertainty’ for EU firms over China’s COVID-19 curbs, chamber warns

Many European firms are rethinking their investments in China because of its strict COVID-19 controls, a top business group said on Monday (Jun 20),...

India, Bangladesh explore cooperation in AI, cyber security, startups

India and Bangladesh on Sunday decided to expand their strategic partnership to develop cooperation in areas of Artificial Intelligence, cyber security, startups and Fintech...

Managing Supply Chain Risk More Complex as U.S. Imports Hit New High

Container shipments into the U.S. hit a new all-time high in May 2022, making the task of managing supply chain risk much more complicated...

Korean truckers end strike – but supply chains remain seriously disrupted

Following an eight-day strike, South Korean truckers went back to work today after hammering out an agreement with the government just before midnight. The source...
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