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55 Kg Gold Vanishes from Dhaka International Airport Customs Godown

Officials have reported approximately 55.5 kg of gold bars and jewellery worth around Tk 47 crore (US$4,271,136.28) have been stolen from a customs warehouse at Dhaka airport. The customs warehouse filed a case when four assistant revenue officers (AROs) and four guards failed to provide satisfactory answers regarding the incident. The stolen valuables were originally seized between…

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An Automotive Manufacturer’s Japan Production at Standstill as System Failure Hits All 14 Assembly Plants

The world's largest automaker, a multinational automotive manufacturer, has temporarily shut down all 14 of its assembly plants in Japan due to a malfunction in its production system. This has resulted in a complete halt to domestic output. While the cause of the glitch is being investigated, a spokesperson has stated that it is unlikely…

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Elevate Resilience with Certified TAPA TSR Logistic Service Providers

Supply chain disruptions and operational failures are posing critical threats to the integrity of your business today. The interconnected nature of global trade amplifies the potential for setbacks within the road transportation sector, where the risk of cargo losses at possible at every turn. The TAPA Trucking Security Requirements (TSR) Standard offers more than a transformative framework, but…

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Technology Companies Halt Laptop Imports to India After Sudden Curbs

Following an abrupt ban on inbound shipments without a license by the Indian government, multinational technology companies have decided to halt the import of laptops and tablets to India. Regulators surprised major PC makers by making licenses mandatory for importing electronics, ranging from small tablets to all-in-one PCs. While laptop makers had anticipated some government measures…

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Nearly $400,000 Worth of Technology Company Counterfeit Products Found in Shipments from Hong Kong

According to authorities, federal entities have intercepted and seized nearly $400,000 worth of a multinational technology company counterfeit products. These counterfeit items were discovered in shipments from Hong Kong and seized at the Los Angeles/Long Beach Seaport complex and Ontario International Airport. A U.S. Customs and Border Protection representative stated that the counterfeit items, including watches and…

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Mine Attack on a Freight Train Delays Yangon-Mandalay Passenger Express Train Schedules

According to the Station Master of Yangon Railway Station, on August 18, a mine attack targeted a freight train traveling from Mandalay to Yangon. This incident led to temporary suspension of the Yangon-Mandalay passenger express train schedules. The specific train involved was the 924 downstream train, and the explosion occurred between Kanyut Kwin and Taw Kywein…

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Li-ion Battery Fires Caused $78 Million in Damage in 4 Years Across Japan

The environment ministry in Japan is urging caution as there have been multiple fires caused by lithium-ion batteries, commonly found in portable chargers and other products, occurring in garbage trucks and waste disposal facilities. It is believed that the increase in the variety of products utilizing these batteries is the reason for the recurring fires.…

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Malaysia Attracts RM100 Bil Investment From US Companies

According to the US Ambassador, United States companies have made investment pledges totaling RM100 billion in various sectors in Malaysia over the past 18 months. These investments are significant and align with the US goal of strengthening its presence in key sectors such as electronics, semiconductors, and data centers, which are experiencing substantial growth. The influx…

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America’s Biggest chipmaker to Built Advanced 3D Chip Packaging Facility in Penang

To regain its global lead in semiconductor manufacturing, America's largest chipmaker plans to quadruple capacity for its most advanced chip packaging services by 2025, including establishing a new facility in Malaysia. This marks the company first overseas facility for advanced 3D chip packaging, with an additional chip assembly and testing factory built in Kulim as…

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China Prioritizes the Advancement of Computing Power

China prioritizes advancing computing power for its rapidly expanding digital economy, recognizing it as the cornerstone of digitization. With over 41% of its economic output coming from the digital economy, China possesses the world's second-largest computing capacity. To catch up with global competition, China aims to accelerate the construction of national computing hubs and data centers…

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