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China’s Growth Now Relies on Auto Sector Performance

A supply chain news channel survey evaluates and ranks the technological and automotive supply chains of 5,000 enterprises in countries like China, Japan, South Korea, Taiwan, Thailand, Indonesia, Malaysia, and India. The study focuses on financial metrics such as revenue and net profit, primarily focusing on the technological and automotive supply chains within significant Asian economies.…

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More Companies Have Joined Malaysia’s Burgeoning Shepherd Carbon Capture And Storage (CCS) Project.

Malaysia's Shepherd Carbon Capture and Storage (CCS) project has attracted global manufacturing and gas & power companies to join its ranks. This initiative aims to gather CO₂ emissions from various industries in South Korea and either convert or store them in Malaysian facilities. The Shepherd CCS project has a threefold objective: capturing carbon dioxide emissions from…

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India Drug Regulator Finds Counterfeit Medicines Worth 20 Mln Rupees in Raid

India's drug regulator has successfully seized counterfeit medicines worth over 20 million rupees ($241,666) in a recent operation conducted in Kolkata, the eastern city. The Drugs Standard Control Organisation conducted the raid, uncovering counterfeit copies of leading brands. According to the health ministry, an ongoing investigation aims to identify the manufacturer and supply chain to ensure…

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Swedish 5G Leader Establish Global 5G Equipment Manufacturing Supply Chain in Malaysia

A leading Swedish telecommunications company in the field of 5G technology has enhanced its contribution to Malaysia's economy by establishing its first 5G manufacturing facility in Southeast Asia, specifically in Penang. This company has had a presence in Malaysia since 1965 and is currently rolling out the 5G network in the country. As a world leader…

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Japan Eyes Tax Break for Domestic EV Battery, Chip Production

According to a recent newspaper report, Japan is considering implementing tax breaks starting in April 2024 for domestically-produced electric vehicle (EV) batteries and semiconductors to bolster economic security. As part of the government's fiscal 2024 tax code revision, the Ministry of Economy, Trade and Industry plans to propose these tax cuts for companies that manufacture strategically…

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India Mandates Licensing for Laptop, Tablet Imports in Blow to Technology Companies.

With immediate effect, India has announced that it will require a licensing process for the import of laptops, tablets, and personal computers. This decision is anticipated to have a significant impact on technology companies, potentially compelling them to enhance local manufacturing efforts. Previously, India allowed the free import of laptops, but the new rule establishes…

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India Finds Violations at Cough Syrup Maker

According to a government health official, manufacturing and laboratory practices violations have been discovered at a drugmaker lab in India. This has been connected to the deaths of children in Cameroon through its cough syrup. Following incidents where cough syrups manufactured in India were associated with the deaths of numerous children overseas, authorities have increased…

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Million Dollar GPU Counterfeiting Ring Busted by Chinese Police

Chinese authorities have apprehended 22 individuals connected to the illicit sale of counterfeit GPUs through online platforms. Following a year-long investigation, this operation unfolded in Binzhou City, situated in the Bincheng district of China. The police raided a warehouse belonging to a suspected gang, believed to have been acquiring used GPUs from crypto mining setups,…

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